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Macron Warns Policymakers Over Busting Demand to Tame Inflation

Emmanuel Macron

Emmanuel Macron

Photographer: Valeria Mongelli/Bloomberg

French President Emmanuel Macron warned European monetary policymakers over attacking demand as a way to rein in inflation given the economy isn’t overheating in contrast to the US.

The surge in prices in Europe has above all been caused by external factors and isn’t linked to too strong spending by consumers, he told Les Echos newspaper in an interview.