Economics

ECB Must Be Ready to Act If Inflation Entrenched, Says Makhlouf

Supply bottlenecks could fortify price pressures in euro area
Irish central bank governor speaks in Bloomberg TV interview

Gabriel Makhlouf
Photographer: Vivek Prakash/Bloomberg

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By Alexander Weber and Francine Lacqua

September 29, 2021 at 9:38 AM UTC

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European Central Bank Governing Council member Gabriel Makhlouf said policy makers must be ready to respond to persistently higher inflation that could result from lasting supply bottlenecks.