PARIS, March 3 (Reuters) – French central bank governor Francois Villeroy de Galhau said on Tuesday France’s finance industry has a little exposure to the Middle East crisis.
The French economy has a rather low inflation and resilient economic growth, Villeroy told reporters on Tuesday.
He added it would be a mistake for the European Central Bank to make an interest rate decision based only on energy price swings.
“It would be a mistake to hastily predict a possible movement in interest rates today, and I remind you that we do not make decisions solely based on instantaneous energy prices,” he said.
(Reporting by Inti Landauro, Editing by Dominique Vidalon)
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