ECB President Lagarde (Q&A) says even if the conflict ended tomorrow, the impact on energy would still linger

Lagarde's comments highlight the persistent effects of geopolitical conflicts on energy markets, suggesting that any resolution would not immediately alleviate inflationary pressures in the Eurozone. This could indicate a more cautious stance on monetary policy as the ECB balances growth concerns with ongoing energy costs, potentially keeping rate hikes on the table for longer than previously anticipated.