ECB's Lagarde warns of uncertainty about speed of vaccination
Tweet
Share
E-mail
FILE PHOTO: European Central Bank President Christine Lagarde at the European Parliament in Brussels, Belgium February 8, 2021. Olivier Matthys/Pool via REUTERS
FRANKFURT (Reuters) - The euro zone's economic outlook is marred by uncertainty about the evolution of the COVID-19 pandemic and the speed of the vaccination campaign, European Central Bank President Christine Lagarde said on Monday.
"The near-term economic outlook is subject to uncertainty, relating in particular to the dynamics of the pandemic and the speed of vaccination campaigns," Lagarde said in a blog post on the ECB's website.
"We therefore stand ready to adjust all of our instruments, as appropriate, to ensure that inflation moves towards our aim in a sustained manner, in line with our commitment to symmetry," she added, repeating the ECB's long-standing guidance.
(Reporting By Francesco Canepa; Editing by Balazs Koranyi)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Former emir of Qatar, Sheikh Hamad bin Khalifa Al Thani, dies at 74
- Iran's IRGC navy says Strait of Hormuz closed until further notice, state media reports
- Malaysia PM's coalition routed by key partner in Johor state poll, testing federal ties
Create E-mail Alert Related Categories
ReutersRelated Entities
European Central BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
