{
  "id": 10459767,
  "title": "Measured ECB hikes to quell inflation remain appropriate, Lagarde says",
  "url": "https://urgent.news/2026/09/28/measured-ecb-hikes-to-quell-inflation-remain-appropriate-lagarde-says",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T14:12:35.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/economy-news/measured-ecb-hikes-to-quell-inflation-remain-appropriate-lagarde-says-4920668"
  },
  "original_language": "en",
  "account": "ECB Chief Christine Lagarde stated on Monday that moderate policy responses remain appropriate to curb inflation in the euro zone this year. Euro zone inflation has surpassed 3% and may reach 4% by year-end, double the bank's target, leading to speculation of up to four additional rate hikes in the coming year. However, Lagarde emphasized that surging oil and gas prices due to the US-Iran conflict are the primary drivers of higher prices. She noted that while higher inflation is expected, there are no signs that it is becoming embedded yet. Lagarde pointed out that the energy price shock is too significant to overlook, but a measured response is necessary to keep inflation in check. She acknowledged that risks are skewed towards higher inflation readings and there is high uncertainty around the outlook. Many economists believe that the ECB will sit out its October 29 meeting and hike rates only in December, following the release of new projections. Lagarde remained optimistic about the economy, citing solid manufacturing performance, a robust labor market, and increased investment as factors supporting growth.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Lagarde: ECB sticks to “middle path” as inflation outlook worsens",
        "url": "https://urgent.news/2026/09/28/lagarde-ecb-sticks-to-middle-path-as-inflation-outlook-worsens",
        "published": "2026-09-28T13:39:22.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}