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European Central Bank says it ‘stands ready’ to act as Covid infections continue to rise – CNBC

The European Central Bank kept interest rates unchanged Thursday, as euro nations continue to struggle with surging Covid-19 infections and lockdowns.

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President of the European Central Bank (ECB) Christine Lagarde.
LONDON The coronavirus pandemic is still posing “serious risks” to the euro zone economy, European Central Bank President Christine Lagarde said Thursday as lockdowns are tightened across the region.
“The start of vaccination campaigns across the euro area is an important milestone in the resolution of the ongoing health crisis. Nonetheless, the pandemic continues to pose serious risks to public health and to the euro area and global…

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