ECB holds the line as Bank of England delivers surprise rate hike      

The ECB action will help ensure that the borrowing costs for Irish households remain unchanged at low levels for some time to come

ECB president Christine Lagarde has unveiled forecasts showing a strong economic rebound along with an outlook for faster inflation. 

The ECB temporarily boosted regular monthly bond buying for half a year to smooth the exit from pandemic stimulus as its president Christine Lagarde unveiled forecasts showing a strong economic rebound along with an outlook for faster inflation. 

The action will help ensure that the borrowing costs for Irish households remain unchanged at low levels for some time to come.