Moulin warns France faces risk from interest rates
The French central bank head called recent market moves “serious and worrying” but said France could still reassure bond investors.
Emmanuel Moulin, head of France’s central bank, warned that the country risks being “strangled by interest rates”, as markets make what he described as serious and worrying moves.
Moulin also said France can still reassure bond investors, signalling that confidence in the country’s borrowing remains within reach despite the recent volatility.
The remarks put borrowing costs and bond-market confidence at the centre of concern over France’s financial position. The Financial Times reported Moulin’s warning.
The supplied account does not detail the market movements, their causes or their scale. It also gives no figures or specific policy response from Moulin.
