ECB Governing Council member Gabrielle Macloof said that if the situation requires it, the interest rate hike in October is not ruled out. Makloof said that every ECB meeting is a dynamic meeting, and officials will decide interest rates based on actual conditions. The governor of the Bank of Ireland is wary of the current international situation. Oil and gas prices have soared, and the risk of upward inflation still exists.

ECB Governing Council member Gabrielle Macloof said that if the situation requires it, the interest rate hike in October is not ruled out. Makloof said that every ECB meeting is a dynamic meeting, and officials will decide interest rates based on actual conditions. The governor of the Bank of Ireland is wary of the current international situation. Oil and gas prices have soared, and the risk of upward inflation still exists.