[ECB Governing Council Member Makhlouf: Firmly Committed to Achieving 2% Inflation Target, Declines to Comment on June Meeting] Jin10 News, May 27 – ECB Governing Council member Makhlouf stated that the European Central Bank is determined to bring the inflation rate back to its established target level. However, he declined to disclose whether achieving this goal would require a rate hike next month. Makhlouf said: 'Our primary objective must be to fulfill the commitment to the 2% inflation target.' 'We will take all necessary actions to achieve the 2% target, which is also why the market has formed related expectations.' With only two weeks remaining until the ECB's next policy meeting, investors and economists widely anticipate that the central bank will raise interest rates by 25 basis points at that time. Some of Makhlouf's colleagues have also publicly expressed a tendency to support a rate hike, while others insist that the ECB should continue to adhere to a cautious 'meeting-by-meeting' decision-making approach.