On September 30, Victor Lequillerier, an economist and vice president of the Think Tank BSI Economics, appeared on the BFM Bourse program hosted by Guillaume Sommerer to discuss economic trends in Europe and the United States. He noted that the interest rate spread between France and Germany had exceeded 126 basis points on the 10-year rate. A basis point is a unit of measure used in finance to describe the percentage change in the value of a security or interest rate, with one basis point equal to 0.01 percent. This spread reflects the difference in borrowing costs between the two countries, often influenced by factors such as economic stability and political risk. Lequillerier also commented on the Personal Consumption Expenditures (PCE) index in the United States, which showed 3.4 percent annual growth in August, slightly below the expected 3.7 percent. The PCE index measures the change in prices of goods and services consumed by households and is a key indicator used by the Federal Reserve to assess inflation. This data point may influence future monetary policy decisions in the U.S. BFM Bourse is a financial news and analysis program that airs from Monday to Friday on BFM Business, a French television and radio channel focused on economic and business topics. The show provides insights into global markets, investment strategies, and economic indicators, making it a popular resource for investors and finance professionals. The discussion highlighted the interconnectedness of global economies and the importance of monitoring key financial indicators. As countries navigate economic challenges, such as inflation and interest rate fluctuations, programs like BFM Bourse play a crucial role in keeping the public informed about developments that can affect financial markets and personal investments.