French inflation accelerated to its highest level in more than two years, with energy costs the main driver behind the jump. Nationwide student protests over budget cuts have sprea
French inflation accelerated to its highest level in more than two years, with energy costs the main driver behind the jump. Nationwide student protests over budget cuts have spread well beyond the Paris suburbs, with hundreds detained, adding a social dimension to the fiscal squeeze. With the bond risk premium already elevated on political concerns and budget season approaching, the pressure points across prices, debt, and street politics are converging at once.
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