The European Central Bank (ECB) announced today that it will keep interest rates unchanged for the foreseeable future. Following a meeting of the ECB’s Governing Council, President Christine Lagarde stated that the bank will maintain its key interest rates at current levels until it sees a sustained increase in inflation. Lagarde also commented on the economic impact of the ongoing coronavirus pandemic, noting that while the outlook remains uncertain, the bank is prepared to take further action if necessary to support the economy.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.