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

Dhwani Mehta FXStreet

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.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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