{"id":67439,"date":"2022-06-21T20:30:45","date_gmt":"2022-06-21T16:30:45","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=67439"},"modified":"2022-06-21T20:30:49","modified_gmt":"2022-06-21T16:30:49","slug":"bank-of-france-cuts-2022-growth-expectations-to-2-3-from-3-4","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bank-of-france-cuts-2022-growth-expectations-to-2-3-from-3-4\/06\/21\/market-updates\/","title":{"rendered":"Bank of France cuts 2022 growth expectations to 2.3% from 3.4%"},"content":{"rendered":"\n<p>The Bank of France announced on Tuesday that it cut the growth forecast for 2022 to 2.3% from 3.4%. In 2023, the central bank expects the French economy to expand by 1.2%, compared to 2% in its previous forecast.<br><br>The EUR\/USD pair reacted by losing its traction and erased a portion of its daily gains after this news report. The pair is trading at 1.0530, where it was still up 0.2% on a daily basis.<br><br>The Bank of France raised its inflation outlook to 5.6% in 2022 and to 3.4% in 2023, from 3.7% and 1.9%, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of France announced on Tuesday that it cut the growth forecast for 2022 to 2.3% from 3.4%. In 2023, the central bank expects the French economy to expand by 1.2%, compared to 2% in its previous forecast.The EUR\/USD pair reacted by losing its traction and erased a portion of its daily gains after &hellip;<\/p>\n","protected":false},"author":13,"featured_media":31800,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[9760],"class_list":["post-67439","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-bank-of-france"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=67439"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67439\/revisions"}],"predecessor-version":[{"id":67443,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67439\/revisions\/67443"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31800"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=67439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=67439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=67439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}