Reuters
The European Central Bank should no longer focus solely on keeping inflation under control, French President Emmanuel Macron said on Thursday, urging it to take on a decarbonisation target as well. Any formal changes to broaden the ECB's mandate are likely to meet stiff resistance from other euro zone members, including Germany, where the targeting price stability is of paramount importance. The ECB has long had a mandate to steer inflation towards a target of 2% over the medium-term whereas the U.S. Federal Reserve also aims to support maximum employment and moderate long-term interest rates.