The 46-year-old took over from Antonio Conte in 2021 and impressed in his first season at the helm of the Nerazzurri, which followed the departures of key duo Romelu Lukaku and Achraf Hakimi.
And Inter confirmed on Tuesday that he had signed a new two-year deal.
Despite missing out on the Scudetto to local rivals Milan, Inzaghi did lead Inter to success in the Supercoppa Italiana and the Coppa Italia – requiring extra time to overcome Juventus on both occasions.
As Inter prepare for a bid to regain the Serie A title, the Nerazzurri have taken the decision to hand Inzaghi fresh terms.
Inter are hoping to build on Inzaghi’s new deal by sealing a San Siro return for former talisman Lukaku, just one season after selling him to Chelsea for a reported €115 million.
Lukaku endured a tough first season after returning to Stamford Bridge and will hope to rediscover the form that encouraged Chelsea to make him their record signing if he completes his move back to Italy.
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Across his two previous seasons at Inter, Lukaku scored 64 goals and supplied 17 assists – both team highs during that time frame. He also led the way in shots on target (132), chances created (133), aerial duels won (185) and dribbles completed (103).
Inter are also locked in talks to sign Paulo Dybala on a free transfer from Juventus, with chief executive Giuseppe Marotta admitting the Nerazzurri’s interest in acquiring both attackers on Monday.