ECB's Villeroy: Next policy move should be lowering rates barring any surprises

<ul><li>Europe will be spared from a recession, the same applies to France</li></ul><p>Well, I wouldn't be too quick to rule out a possibility of a technical recession. Especially after the France Q3 GDP estimate <a href="https://www.forexlive.com/news/france-q3-final-gdp-01-vs-01-qq-prelim-20231130/" target="_blank" rel="follow">here</a>. But in all likelihood, the global economy looks primed for a soft landing at this stage.</p>

This article was written by Justin Low at www.forexlive.com.