ECB's Lagarde: Inflation to Remain Undesirably High for Some Time

The video discusses the current high inflation pressures due to energy and food prices, and the euro's depreciation. It predicts stabilization in energy costs and easing supply bottlenecks, supported by policy normalization. The labor market remains strong with low unemployment and increasing wage growth. Long-term inflation expectations are around 2%, but recent revisions require monitoring.

What factors are contributing to the high inflation pressures mentioned in the text?

What role do energy costs play in the inflationary pressures discussed?

How has the unemployment rate changed according to the text?

What does the text suggest about wage growth in the current economic climate?

What are the expectations for inflation in the long term as stated in the text?