ECB’s Lagarde says inflation to stay high, sees little reason to alter rate course - Yahoo Finance

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Investing.com - Euro zone inflation will remain elevated over the coming quarters, European Central Bank President Christine Lagarde said, signaling that it would take "significant changes" to deter policymakers from raising interest rates again in December. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » In an interview published Saturday by Japanese newspaper Yomiuri Shimbun , Lagarde noted that while price pressures are set to persist, secondary inflation pass-through has so far developed within the central bank's expectations. "We know that inflation numbers will remain high in the quarters to come," Lagarde told the newspaper.