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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
France Budget Crisis:
The Bank of France building in Paris.
The Bank of France cut its domestic growth outlook just days after President Emmanuel Macron named the country’s fourth prime minister in a year, with the central bank citing the political upheaval as a drag on household and business confidence.
The central bank now expects only a 0.9% expansion in 2025 instead of 1.2% it predicted in September. Bank officials also cut its 2026 forecast by 0.2 points to 1.3%.