Banque de France
Villeroy de Galhau urges transparency for private market stability
Banque de France Governor François Villeroy de Galhau outlined three conditions for the healthy development of private markets at the Bloomberg Forum on March 12, 2026.
Focus
New method guides monetary policy amid economic uncertainty
The Banque de France proposes a statistical method to weigh multiple economic scenarios, rather than relying on a single forecast, to inform monetary policy decisions.
New climate indicator helps companies align with Paris Agreement
The Banque de France is rolling out a free climate indicator to help companies assess their greenhouse gas emissions trajectory and climate risk exposure.
Latest
EU regions exhibit substantial heterogeneity in income smoothing capacity
A Banque de France working paper finds that EU households smooth approximately 30 percent of wage shocks, with significant regional variations.
Global economic cycles show price-quantity decoupling over 70 years
A new 70-year dataset reveals that global economic synchronisation primarily affects asset prices, while real economy variables like GDP and credit remain largely decoupled.
Professional forecasters maintain high uncertainty for inflation and growth
Professional forecasters in the euro area expect inflation to be close to the 2 percent target in 2026.
More Topics
Surveys reveal inflation and growth tail risks, stagflation reemerges
A Banque de France working paper evaluates inflation and growth risks using probabilistic responses from professional forecasters' surveys.
French business activity strengthens in January, GDP growth projected for Q1
Activity across French industry, market services, and construction strengthened in January, surpassing business leaders' forecasts.
Scaling Europe's venture capital crucial for deeper equity markets
A new ECB Occasional Paper assesses the benefits of equity markets and identifies a significant listing gap between the EU and the US.
French citizens increasingly adopt innovative payment methods in 2024
The use of innovative payment methods like instant credit transfers and mobile payments became firmly established in France during 2024.
Villeroy de Galhau reflects on Banque de France tenure and future challenges
François Villeroy de Galhau, Governor of the Banque de France, announced his departure in June 2026 to lead the Apprentis d'Auteuil foundation.
Tariffs trigger economic contraction and inflation, monetary policy reacts
A Banque de France study empirically estimates the macroeconomic effects of U.S. import tariff shocks between 1990 and 2024.