France cuts 2026 GDP growth forecast to 0.5%, raises 2027 to 1%

France has downwardly revised its 2026 GDP growth forecast to 0.5% while raising its 2027 outlook to 1%, signaling weaker near-term economic momentum. This subdued growth picture weighs on EUR/USD as softer French data reinforces expectations for divergent monetary policy between the ECB and Fed, with rate-cut pressure mounting in the eurozone amid stagnationary risks.