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European Central Bank President Christine Lagarde: Short-term inflation expectations have risen. Long-term inflation expectations are generally stable at the target level.European Central Bank President Christine Lagarde: The main risk is not raising interest rates. If inflation gets out of control, it will be much more difficult to bring it back under control.Supermicro Computer (SMCI.O) fell 0.5% as the company priced its 75 million depositary shares at $50 per ADS.European Central Bank President Christine Lagarde: Inflation will return to target in the fall of 2027.European Central Bank President Christine Lagarde: Todays decision is a "good decision".