The new governor of the Bank of France stated that he does not have hawkish or dovish policy inclinations, and relevant decisions will be entirely based on data.
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Emmanuel Moulin, Governor of the Bank of France, revealed that when participating in the European Central Bank's policy-making, all judgments are based on actual economic data, and there is no preset bias toward either raising or lowering interest rates. It is reported that Moulin attended the European Central Bank's monetary policy meeting for the first time last week. At that meeting, all decision-makers unanimously agreed to raise borrowing costs to curb the continued spread of inflation within the economy.
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