ECB’s Makhlouf Says 25bp Hike Was Measured Response, Warns Against Much More Tightening
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf said Friday that he supported Thursday’s 25bp rate increase because inflation remained above target with upside risks, core inflation had yet to ease decisively and growth had remained resilient, while warning that substantially more tightening could impose meaningful economic costs.
11 September 2026