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ECB pledges low rates for longer, warns about Delta variant The European Central Bank pledged on Thursday to keep interest rates at record lows for even longer to boost sluggish inflation and warned that the Delta variant of the coronavirus posed a risk to the euro zone’s recovery. The central bank of the 19 countries that share the euro said it would not hike borrowing costs until it sees inflation reach its 2% target “well ahead of the end of its projection horizon and durably.” “We did so to underline our commitment to maintain a persistently accommodative monetary policy stance to meet our inflation target,” ECB President Christine Lagarde told a news conference.

Ignazio viscoBalazs koranyiMario centenoCatherine evansChristine lagardePandemic emergency purchase programmeAsset purchase programmeEuropean central bankமரியோ செந்தேனோகேத்தரின் எவன்ஸ்கிறிஸ்டின் லகார்ட்சர்வதேச பரவல் அவசரம் கொள்முதல் ப்ரோக்ராம்சொத்து கொள்முதல் ப்ரோக்ராம்ஐரோப்பிய மைய வங்கி