France's Breton hopes for ECB rate pause

French finance minister Thierry Breton said in an interview published Wednesday 25 October he hopes for a halt to interest rate hikes by the European Central Bank next year.

In the interview with the International Herald Tribune, Breton said financial markets expect one further ECB rate hike in December and then "a pause" next year.

"I hope this pause will continue," he said.

Breton said the euro is "absolutely fully valued" against the dollar and any further rise "would be excessive".

He also

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