Published by
Reuters UK
Reuters UK
DUBLIN (Reuters) – Irish Central Bank Governor Gabriel Makhlouf on Thursday joined a chorus of European Central Bank policymakers calling for the Governing Council to act to tackle inflation, though not necessarily at the same pace as the U.S. Federal Reserve. ECB President Christine Lagarde on Thursday finally threw her weight behind a rise in the bank's benchmark interest rate, amid expectations that it will take action in July. Most other major central banks have already raised borrowing costs but the ECB, which had fought too low inflation for a decade, is still pumping cash into the finan…