This is the best tl;dr I could make, original reduced by 81%. (I'm a bot)

> BRUSSELS - The head of the European Central Bank said Monday she does not believe inflation has peaked after reaching the highest levels on record.

> ECB President Christine Lagarde also told European lawmakers that the bank isn't through raising interest rates to combat those price spikes.

> That means the central bank will "Continue to tame inflation with all the tools that we have," primarily interest rate hikes, Lagarde told the European Parliament's Committee on Economic and Monetary Affairs.

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