The new governor of the French central bank says there is no hawkish or dovish tendency, and decisions will be based on data.

French Central Bank Governor Emmanuel Moulin stated that his policy choices at the European Central Bank will be data-driven, without a bias towards raising or lowering interest rates. Moulin attended his first monetary policy meeting at the European Central Bank last week, where policymakers unanimously decided to increase borrowing costs to counter inflation spreading throughout the economy.