ECB's Makhlouf: no second-round effects yet, but ECB will have to act if energy costs feed through

ECB Governing Council member Gabriel Makhlouf told RTE Radio he is not yet seeing second-round inflation effects, but said the ECB will have to act if energy costs feed through, adding he is uncomfortable with the ECB's outlook for inflation above 3%.

Detected & updated continuously · Source: Nebula