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There could be some compromise, but I think we have to stick to the provisions of the treaty, and the provisions of the treaty are saying that the president is appointed for a mandate of eight years time. I think it would be very damaging for the European Central Bank if there would be a splitting of this mandate.
— Jacques Santer
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I'm just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not employment.
— Janet Yellen
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