{
  "id": 18186371,
  "title": "ECB’s Moulin: Banks can handle higher rates; France must fix finances",
  "url": "https://urgent.news/2026/11/04/ecbs-moulin-banks-can-handle-higher-rates-france-must-fix-finances",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T19:54:50.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/ecbs-moulin-banks-can-handle-higher-rates-france-must-fix-finances-202611041954"
  },
  "original_language": "en",
  "account": "Emmanuel Moulin, the Governor of the Banque de France and a member of the European Central Bank's Governing Council, announced on Wednesday that banks possess the capability to manage increased interest rates. He stated that the solution to France's financial issues lies within the country itself, rather than in Frankfurt. This suggests that Paris's primary concern is fiscal policy, not monetary policy. The European Central Bank (ECB) in Frankfurt is responsible for overseeing the Eurozone's monetary policy. Its main objective is to maintain price stability by controlling inflation at approximately 2%. To achieve this, the ECB adjusts interest rates and employs tools like Quantitative Easing or Quantitative Tightening when necessary. Although the ECB has used Quantitative Easing, such as during the 2009-11 financial crisis and in 2015, to stimulate the economy, it is considered a last resort.",
  "summary": "On Wednesday, Emmanuel Moulin, the Governor of the Banque de France and a Governing Council member of the European Central Bank (ECB), said that “banks can deal with rising rates.”",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}