12:09 - 14.09.2026

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September 14, Fineko/abc.az. European Central Bank (ECB) President Christine Lagarde warned that inflationary pressures in the Eurozone will persist and the current price shock will last longer than originally anticipated. Following energy price spikes driven by conflict in the Middle East, the ECB implemented its second interest rate hike this week.

 Lagarde noted that volatile energy costs not only fuel inflation but also pose significant risks to economic growth.

With Eurozone inflation hovering above 3%, ECB policymakers are weighing further monetary tightening to steer inflation back toward the 2% target.

Speaking to Ouest-France, Lagarde emphasized that the region has suffered a major economic shock, requiring sustained vigilance from central bank authorities.