France (monetary policy)

France's monetary policy is managed by the European Central Bank (ECB) since it uses the euro as its currency. The ECB aims to maintain price stability, meaning keeping inflation low and stable. It does this by influencing interest rates, which affects borrowing and spending in the economy. When the economy is slow, the ECB might lower rates to encourage spending; when inflation is too high, it might raise rates to cool down demand. Overall, France benefits from coordinated monetary policies across eurozone countries to foster economic stability and growth.