Emmanuel Moulin, France’s central bank chief, says that what is happening in the Strait of Hormuz is broadly good news for inflation and that the central bank does not see second-round effects at the moment, according to Reuters.

Moulin, speaking to Bloomberg TV, said French growth in June was soft and not very dynamic and a sharp increase in growth in the second quarter was not expected.

Opinion

Editorial

Unfinished business
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Unfinished business

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Abuse cycle
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Abuse cycle

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Closing the gap
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Lahore tragedy
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Data policy
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