VOT Research Desk
Francois Villeroy de Galhau, governor of the French central bank and a member of the Governing Council of the European Central Bank (ECB), cautioned on Friday that a temporary recession cannot be excluded.
Growth for the entire of 2022 will be 2.6%.
In 2023, growth will probably be slightly positive. Following the comments from the ECB policymaker.
EUR/USD is consolidating gains above 1.0550. The currency pair has increased by 0.16% today.
