The benchmark interest rate in France is set by the European Central Bank. ECB policymakers agreed that Euro Area financing conditions had remained broadly stable since the last monetary policy meeting in March thanks to the central bank's decision to significantly increase the pace of net asset purchases under the PEPP, the account of April's meeting showed. However, members recalled that the monetary policy meeting in June would provide the next opportunity to conduct a thorough assessment of financing conditions and the inflation outlook, as they seemed especially concerned about the firming of the euro against the dollar. source: European Central Bank

Interest Rate in the Euro Area averaged 1.78 percent from 1998 until 2021, reaching an all time high of 4.75 percent in October of 2000 and a record low of 0 percent in March of 2016. This page provides - France Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. France Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Interest Rate in Euro Area is expected to be 0.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Euro Area to stand at 0.00 in 12 months time. In the long-term, the Euro Area Interest Rate is projected to trend around 0.00 percent in 2022, according to our econometric models.

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France Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.00 4.75 0.00 1998 - 2021 percent Daily

France Money Last Previous Highest Lowest Unit
Interest Rate 0.00 0.00 4.75 0.00 percent [+]
Interbank Rate -0.48 -0.49 5.13 -0.51 percent [+]
Money Supply M1 1750609.00 1732327.00 1750609.00 82375.00 EUR Million [+]
Money Supply M2 2752092.00 2718071.00 2752092.00 263286.00 EUR Million [+]
Money Supply M3 3195333.00 3166513.00 3195333.00 58303.00 EUR Million [+]
Foreign Exchange Reserves 183.43 182.84 219.70 5.29 EUR Billion [+]
Banks Balance Sheet 10776269.00 10754717.00 10833522.00 3147124.00 EUR Million [+]
Loans to Private Sector 2857625.00 2830882.00 2857625.00 268603.00 EUR Million [+]
Loan Growth 5.88 7.75 15.34 -1.68 percent [+]
Private Debt to GDP 264.80 259.50 264.80 163.20 percent [+]
Central Bank Balance Sheet 1791658.00 1732703.00 1791658.00 87694.00 EUR Million [+]


France Interest Rate
France is a member of the European Union which has adopted the euro. France's benchmark interest rate is set by the European Central Bank.The official designation for the rate is main refinancing operation.