ECB chief Lagarde says euro-area inflation shock will last longer than expected
From the original
Lagarde's comments reinforce the case for continued euro-area rate sensitivity, coming days after the ECB's second hike since the Iran war began pushing energy prices higher. With the deposit rate now at 2.5% and Bundesbank chief Joachim Nagel flagging the possibility of moving i
Related speeches
4 itemsLagarde defends June rate hike as core inflation and supply shock persist
ECB's Schnabel warns on inflation: Iran conflict shock still not over despite oil drop
Eurozone inflation soars to 3.8% in September
The dramatic rise in Eurozone inflation to 3.8% in September signals increasing price pressures that could influence European Central Bank (ECB) policy decisions. Per the full note from ing-think, primarily driven by record energy prices, this jump may not be a temporary spike, as broader inflation indicators suggest persistent cost increases. Although ECB President Christine Lagarde expresses limited concerns about second-round effects from these price changes, the data implies a careful balancing act ahead for the central bank. With expectations around future wage growth and ongoing elevated energy costs, the market remains poised for potential ECB action, especially as core inflation shows signs of creeping upwards.
More like this
5 itemsECB’s Nagel says another rate hike ‘highly probable’ as energy prices push inflation
Weekend Fed speak: Collins backs steady, gradual rate hikes, cool on a bigger December move
Sunday Fed talk: Schmid says inflation would still be near 3% without energy, Fed has work to do
Economic and event calendar in Asia, Monday, November 16, 2026. BoJ, China data, Japan GDP.