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FRENCH CENTRAL BANK CHIEF VILLEROY WILL LEAVE EARLY, MACRON WILL PICK SUCCESSOR

  • NEWS Desk Global
  • 1 day ago
  • 1 min read

Bank of France Governor Francois Villeroy de Galhau will stand down in June, more than a year before the end of his term, allowing President Emmanuel Macron to name his replacement before a 2027 presidential election that the far-right could win.

Villeroy, 66, has been a consistent voice for lower interest rates in the European Central Bank's governing council, although analysts expect his successor to adopt a similar stance.

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