Francois de Beaupuy Archive

Bank of France says Fed overreacted to market decline

Interesting they would take a shot like that at the Fed. Probably concerned about Euro strength and the US gaining export share. Bank of France Says Fed Overreacted to Market Decline By Francois de Beaupuy (Bloomberg) The Bank of France said the U.S. Federal Reserve may have cut interest rates too much ...Read More

Indexing French wages

A bit of structural inflation being introduced: Sarkozy Plans to Index Civil Servants’ Salaries to Inflation by Helene Fouquet and Francois de Beaupuy (Bloomberg) French President Nicolas Sarkozy said he’d index civil servants’ salaries to inflation and make good on unpaid overtime hours to improve their purchasing power. “It’s a fact that ...Read More