French Central Bank Sees Growth Outlook Clouded by Politics

French central bank sees growth outlook clouded by politics

PARIS (Reuters) -France’s political instability could hold back growth in the euro zone’s second-biggest economy by pushing consumers and businesses into retrenchment mode, the central bank said on Monday in a quarterly outlook. This year the economy is on course to grow slightly better than expected a few months ago, but only because companies built up inventories in the first half and exports are expected to pick up in the third quarter. The B…

Bank of France Trims Growth Forecasts, Warns of Political Risks

France’s central bank trimmed its economic outlook for the next two years, warning of downside risks from budget uncertainty following another government collapse.