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French FinMin Le Maire: By spring 2023 the worst will be over in terms of inflation

French Finance Minister Bruno Le Maire delivered some comments on the economic and inflation outlook during his appearance on Wednesday.

Key quotes

By spring 2023 the worst will be over in terms of inflation.

We will see positive growth in 2023.

We will have a pension reform by next summer.

In January, pensions will be revised upwards again.

Market reaction

The US dollar is clinging to the latest upside, despite weaker yields, weighing negatively on the EUR/USD pair. The pair is losing 0.16% on the day to trade at 0.9956, as of writing.

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