French econ min back on the wires a short while ago
- sees earliest change in December
It's not really protocol to talk of other country's policy let alone forecast specific times so he's bit left-field here, albeit right imho
I still think even December will be too early now but let's see how this equity meltdown pans out
More from Macron:
- China crisis to affect Germany more than France
- will push up value of euro which "may handicap us a bit"
Doesn't specify levels at which that might start but we know there will be concerns both from countries and the ECB that their fragile recovery will be nipped in the bud by a rising currency
Macron- former investment banker now turned Fed forecaster
