Economics
ECB’s Makhlouf Sees Inflation Slowing, No Rate Hike in 2022
- Euro-area inflation to stick above 2% throughout the year
- Vigilant on second-round effects, Irish central banker says
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Inflation should slow in 2022 as supply-chain blockages and energy prices recede, though it’s likely to remain at more than 2% in the euro area for the rest of the year, according to European Central Bank Governing Council member Gabriel Makhlouf.