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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

Gabriel Makhlouf

Photographer: Vivek Prakash/Bloomberg

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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.