ECB Says It Must Be Ready to Act If Inflation Entrenched

European Central Bank policy makers must be ready to respond to persistently higher inflation that could result from lasting supply bottlenecks, Governing Council member Gabriel Makhlouf said in an interview on "Bloomberg Surveillance Early Edition" with Francine Lacqua. “Right now I don’t believe there’s a risk of excessive inflation,” he said. (Source: AccuWeather)

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