Makhlouf Hints at Further ECB Rate Hikes Amid Inflation Concerns

European Central Bank (ECB) Governing Council member and Governor of the Central Bank of Ireland, Gabriel Makhlouf, has hinted that the central bank could raise policy rates further in upcoming meetings. Makhlouf expressed his views during the European trading session on Thursday.

He stated that there is no sign of second-round effects of inflation emerging in the near term, but emphasized that risks to inflation remain on the upside. When asked about future policy decisions, Makhlouf said 'Can't rule out anything at future meetings.'