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What are the different opinions on the independence of central banks like the ECB?

Economy
Global
Started February 21, 2026

An early departure by the head of the European Central Bank would give French President Emmanuel Macron a say in filling one of Europe’s most powerful jobs

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CLAIM Posted by will • Feb 21, 2026
While central bank independence is important, it should not mean that these institutions operate in isolation from democratic accountability. A closer relationship between political leaders and central banks could ensure that monetary policy aligns with national and European interests, especially in times of crisis.
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CLAIM Posted by will • Feb 21, 2026
Considering the pressures on the ECB from diverse member states, the appointment of its leadership should reflect a balance of independence and responsiveness to political realities, ensuring that the bank can effectively address both stability and growth.
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