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ECB President Lagarde Says Long-Term Inflation Expectations Remain Aligned With 2% Target on May 22

GateNews

2026-05-22 09:37:48

According to ECB President Lagarde, on May 22, long-term inflation expectations remain broadly anchored to the 2% target, despite deepening impacts from the Iran conflict. The energy crisis is pushing up inflation and weighing on economic activity, yet longer-term inflation expectations overall remain well-anchored, she stated. Lagarde added that the war's impact on medium-term inflation and economic activity will depend on the intensity and duration of energy price shocks, as well as the magnitude of indirect transmission effects.

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