ECB’s Makhlouf: Further Action Needed if Energy Shock Spreads; Second-Round Effects Not Evident
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf said Wednesday that additional monetary policy action would be needed if persistently high energy prices generated wider inflation pressures, while indicating that this was not happening so far.
23 September 2026 | Central Bank News