Banque de France
BDFData
French GDP projected to grow 0.1 percent in third quarter
The Banque de France estimates that French gross domestic product will grow by 0.1 percent in the third quarter of 2026.
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BDFSpeech
Moulin calls for capital waivers to integrate European banking
Banque de France Governor Emmanuel Moulin urged European policymakers to introduce cross-border capital and liquidity waivers to complete the Banking Union.
BDFPaper
French households overestimate inflation by eight percentage points
A Banque de France survey of 4,000 residents shows perceived inflation averaged 9.5 percent in late 2025, compared with measured inflation of 0.8 percent.
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BDFPaper
French households see 9.5 percent inflation as actual rate hits 0.8
A Banque de France survey of 4,000 residents shows household inflation perceptions averaged 9.5 percent in late 2025, despite official inflation dropping to 0.8 percent.
BDFPaper
French GDP growth lowered to 0.4 percent amid energy shock
The Banque de France has revised down its 2026 French GDP growth forecast by 0.1 percentage point to 0.4 percent.
BDFPaper
Harmonised accounting doubles US saving rate to 10.7 percent
Harmonised accounting standards raised the 2025 US household saving rate from 4.6 percent under national metrics to 10.7 percent, while Germany reached 19.2 percent compared with 10.3 percent nationally, according to a study published by the Banque de France.
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BDFPaper
Accounting rules double US saving rate but leave rankings intact
International accounting differences heavily distort national saving rates across advanced economies.
BDFPaper
Input shortages drive more persistent inflation than freight shocks
Global supply-chain tensions stem from distinct structural shocks that carry unequal macroeconomic persistence.
BDFPaper
Random forests track real-time recession risk across asset classes
Banque de France researchers have developed a random forest model to extract market-implied recession probabilities in real time for the United States and the euro area.
BDFDecoder
Fifty euro notes replace twenties as cash circulation slows
Demand for cash remains strong across France despite digital payments, driven by hoarding and higher prices that shift transactions toward 50 euro notes.
BDFPaper
Generative AI expands to 67 percent of French firms as gains lag
A Banque de France survey of 7,000 businesses shows 67 percent of French firms with at least 20 employees used generative AI at the start of 2026.
BDFPaper
Green bond holdings double to €21.6 billion across portfolios
Banque de France increased its green bond holdings to €21.6 billion at the end of 2025, up from €10.2 billion in 2024.