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Live News CENTRAL_BANK ARTICLE M impact

ECB policymaker Makhlouf says more rate rises may be needed

ECB Governing Council member Gabriel Makhlouf told the Financial Times the ECB must not shy away from further interest rate rises if inflation “starts moving in the wrong direction.” Next week’s decision will not be sketched out.

The European Central Bank must not shy away from more interest rate rises if inflation "starts moving in the wrong direction", Governing Council member Gabriel Makhlouf told the Financial Times in an interview published on Wednesday.Makhlouf said the central bank's decision next week will not be a…