Central Banks
Makhlouf Says Further ECB Rate Hike Possible
Gabriel Makhlouf
Photographer: Sergio Garcia/ECBThis article is for subscribers only.
The European Central Bank Governing Council member Gabriel Makhlouf said that there might still be an interest-rate hike in October and rejected bets on cuts in the spring.
“I’m not saying that at our next meeting we’re going to hold” rates, he told the Irish Independent in an interview published Thursday.