ECB’s Makhlouf: Likely to see another rate increase at next meeting

European Central Bank (ECB) Governing Council member, Gabriel Makhlouf, said on Friday that they are “likely to see another rate increase at the next meeting.“

Additional comments

Fall in Eurozone inflation very welcome, not definitive with underlying pressures quite strong.

Likely to see another rate increase at next meeting.

Have not reached the moment where we can say let's now stop.

Picture a lot less clear beyond probably rate increases in June and July.