Lagarde: ECB 'stands ready' to adjust instruments as necessary

The European Central Bank kept interest rates unchanged Thursday, as European nations continue to struggle with surging Covid-19 infections and subsequent lockdowns. However, it repeated that it “stands ready” to adjust its tools if the economic situation doesn’t improve. CNBC's Steve Liesman reports on ECB President Christine Lagarde's comments.
Thu, Jan 21 20219:15 AM EST