Frankfurt, Sept. 13 (SANA) European Central Bank President Christine Lagarde said eurozone inflation is likely to remain elevated for longer than previously expected as higher energy prices linked to Middle East tensions continue to pressure markets. “The current shock is longer-lasting,” Lagarde told French newspaper Ouest-France in an interview published on Saturday, adding that continued instability in the region could keep energy markets volatile and prices elevated while higher costs threaten economic growth. The ECB has said inflation is set to remain above its 2% target for an extended period, with new projections showing headline inflation averaging 3% in 2026, 2.5% in 2027 and 2.1% in 2028.
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