Christine Lagarde, the president of the ECB, stated that the institution will do everything possible to control inflation and prevent increases, in the context of global uncertainties.

Christine Lagarde, the president of the European Central Bank (ECB), stated that the institution will take all necessary measures to keep inflation under control, thus avoiding situations similar to those in 2022 and 2023, when inflation was influenced by Russia's invasion of Ukraine.

Although Lagarde did not confirm a potential interest rate increase, she acknowledged the uncertainty related to events in the Middle East.

The ECB's monetary policy meeting is scheduled for March 19, after the meeting of the U.S. Federal Reserve.

Lagarde emphasized that the current situation is different from the previous crisis, noting that inflation is now under control, and economic growth in the euro area remains resilient. However, the volatility of prices, such as those of oil, remains a concern.

Recent data shows that annual inflation in the euro area decreased to 1.7% in January 2026, below the ECB's target of 2%. Core inflation has also decreased, reaching 2.2%, which is an important indicator for the ECB's monetary policy decisions.