REFILE-France's Moulin tells parliament he can run Bank of France in an independent manner

Emmanuel Moulin, ​President Emmanuel Macron's pick ‌to head ​the Bank of France and his former chief of staff, said ‌on Wednesday in hearings ahead of a vote by Parliament on Moulin's confirmation that he was sure he would run ‌the national central bank in an independent manner. "I ‌am convinced that I can run in an independent manner an institution proud of its history and looking to the ⁠future, ​in the service ⁠of a trusted currency and of a strong and stable economy," Moulin ⁠told the French Senate.

REFILE-France's Moulin tells parliament he can run Bank of France in an independent manner

Emmanuel Moulin, ​President Emmanuel Macron's pick ‌to head ​the Bank of France and his former chief of staff, said ‌on Wednesday in hearings ahead of a vote by Parliament on Moulin's confirmation that he was sure he would run ‌the national central bank in an independent manner.

"I ‌am convinced that I can run in an independent manner an institution proud of its history and looking to the ⁠future, ​in the service ⁠of a trusted currency and of a strong and stable economy," Moulin ⁠told the French Senate. As governor of the 226-year-old Bank ​of France, Moulin would sit on the European Central ⁠Bank's rate-setting governing council and be responsible for regulating French banks. Moulin, ⁠a ​former banker and finance ministry official, has sterling credentials as an experienced policymaker, but he has faced ⁠questions about his independence from Macron and the opposition could ⁠block him ⁠if they garner more than 60% of the vote.

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