Central Banks
Villeroy Urges Vigilance as Poll Shows Firms Plan Higher Prices
Francois Villeroy de Galhau
Photographer: Nathan Laine/BloombergBank of France Governor Francois Villeroy de Galhau called for vigilance on inflation as the central bank’s monthly economic poll showed the share of firms lifting prices will double this month on the Iran war.
The survey of about 8,500 companies also indicated that uncertainty has spiked to levels not seen since Russia invaded Ukraine in 2022 on concerns about costs and supply constraints.