ECB President Lagarde: Rising energy prices will drive short-term inflation above 2%, with downside risks to the economic growth outlook.

GateNews

2026-03-19 14:00:49

Gate News Report, March 19 — European Central Bank President Christine Lagarde delivered a series of economic policy statements. Lagarde stated that long-term inflation expectations are around 2%, but rising energy prices will push inflation above 2% in the short term. She pointed out that prolonged war could keep energy prices high for a longer period, eroding income. Additionally, Lagarde believes that the economic growth outlook faces downside risks.

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