Jéco: “The result of the American election increases both the risks for the global economy and the need for European remobilization”

On "06/11/2024", the "Bank of France" issued an update regarding "Jéco: "The result of the American election increases both the risks for the global economy and the need for European remobilization". The Bank of France is concerned about the impact of Donald Trump's presidency on global economics, highlighting the risk of higher interest rates, protectionism, and inflation. The bank emphasizes the need for a more integrated European market to compete with the US market. European policymakers must address weaknesses in technology and politics to revitalize the economy, according to a report by Mario Draghi.