VIENNA—There is “a great deal of uncertainty” over how long inflation will remain well above the European Central Bank’s target of around 2 percent, ECB Governing Council member Robert Holzmann said in an interview with newspaper Die Presse published on Sunday. The ECB has long held the view that inflation will decline this year from its current record high, an expectation its President Christine Lagarde repeated on Friday. Eurozone inflation hit 5 percent in December, more than twice the ECB’s target, but the bank sees it back below 2 percent by the fourth quarter. “It is not yet ruled out that that will happen. However, we also do not know whether inflation will stay at a higher level after all,” Holzmann, who is governor of the Austrian National Bank, told Die Presse. “Is inflation therefore a mountain or is it becoming a high plateau? There is a great deal of …