· François Villeroy de Galhau Wiki · Banque de France WikiPreserving our transatlantic values, beyond present unpredictability
Read full speech on bis.org ↗ContextSpeech at the Foreign Policy Association in New York; the Banque de France keeps prices and finance stable and faces unpredictable US trade policy.
Why it mattersThe French governor addresses US unpredictability and calls for European financial integration in response.
Problems raised
- Transatlantic ties are under stress.
- US policy is unpredictable.
- Europe needs financial muscle.
Solutions proposed
- Preserve shared values.
- Build a Savings and Investments Union.
- Channel savings to equity and venture capital.