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

> ECB President Christine Lagarde said eurozone inflation is likely to remain elevated over coming quarters and that significant changes would be needed to alter the outlook for a possible December rate increase. She said policymakers will assess detailed inflation and wage data after holding the deposit rate at 2.50% in late October.

- Date: 2026-11-07 · published 2026-11-07T18:08:22.288Z
- Category: macro · region Eurozone · magnitude low
- Page: https://feedsoft.ai/events/86254-ecb-s-lagarde-says-inflation-to-stay-high-sees-little-reason-to-alter-rate
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Persistent energy-driven inflation could keep ECB rates higher, affecting euro-area borrowing and currency conditions. The article does not establish a clear direction for feed or agricultural commodity prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2021-10-28 | [ECB's Lagarde sees higher inflation; pushes back on rate-hike bets \| Reuters](https://feedsoft.ai/events/7162-ecb-s-lagarde-sees-higher-inflation-pushes-back-on-rate-hike-bets-reuters.md) | -0.1% | -2.6% |
| EURUSD | 2025-10-31 | [Eurozone inflation slows to 2.1%, yet Lagarde stays cautious \| Euronews](https://feedsoft.ai/events/22628-eurozone-inflation-slows-to-2-1-yet-lagarde-stays-cautious-euronews.md) | -0.2% | +0.5% |
| EURUSD | 2025-11-21 | [ECB’s Lagarde: Remains open to adjusting monetary policy if inflation deviates](https://feedsoft.ai/events/22151-ecb-s-lagarde-remains-open-to-adjusting-monetary-policy-if-inflation-deviates.md) | +0.6% | +1.6% |
| EURUSD | 2024-12-12 | [Dollar higher on fresh inflation data, euro lower after ECB rate cut](https://feedsoft.ai/events/27173-dollar-higher-on-fresh-inflation-data-euro-lower-after-ecb-rate-cut.md) | -0.4% | -2.6% |
| EURUSD | 2023-02-22 | [Investors increase bets on ECB lifting rates to all-time high](https://feedsoft.ai/events/37539-investors-increase-bets-on-ecb-lifting-rates-to-all-time-high.md) | -0.5% | +1.1% |

## Sources

- investing.com: https://www.investing.com/news/economy-news/ecbs-lagarde-says-inflation-to-stay-high-sees-little-reason-to-alter-rate-course-5009950

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.