European Central Bank chief Christine Lagarde said inflation in the euro area remains “way too high,” despite the recent easing and four interest rate hikes in a row in the past year. At the World Economic Forum in Davos on Thursday, Lagarde made it clear the central bank must “stay the course” in the fight against inflation. “Our determination at the ECB is to bring it back to 2% in a timely manner,” she said of the inflation target, adding that the bank would take “all the measures” necessary to achieve that result. Inflation in the euro zone has weakened slightly recently. It stood at an an…