ECB Leaves Policy Mix Unchanged as It Monitors Covid-19's Impact


FRANKFURT—The European Central Bank left its large monetary stimulus unchanged Thursday, as policy makers wait to see how a resurgence in Covid-19 cases across the continent and a jump in the value of the euro might affect the region’s economy.

ECB President Christine Lagarde said the bank is paying close attention to the currency, highlighting its recent gains against the dollar and others as a drag on inflation, and adding that the eurozone economy is experiencing a strong rebound from its sharp contraction.

A Global Asset Management Seoul Korea Magazine

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