ECB Makhlouf warns of prolonged high energy prices
Gabriel Makhlouf is monitoring energy costs for indirect effects on production. He noted that inflation expectations must be watched for signs of de-anchoring.
Xurve View
Xurve View
ECB Governing Council member Gabriel Makhlouf warned energy prices may remain elevated due to the Middle East conflict. The warning follows the ECB's decision to hold interest rates after debating a hike. Investors face risks from cost-push inflation in services and transportation if energy costs do not stabilize.
