French president calls for expanded ECB mandate
“We cannot have a monetary policy solely focused on inflation,” Macron says
The European Central Bank (ECB) mandate needs to expand to include growth and decarbonisation, French president Emmanuel Macron said on April 25.
“It is absolutely indispensable for the European economy that the objectives of the ECB are integrated with that of growth and decarbonisation,” Macron said. In his speech, Macron gave few details of how the ECB’s mandate should change. All European Union governments would have to agree to alter the ECB’s mandate, but many, including Germany’s, are very
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