Photo: Thomas Lohnes/Getty Images

European Central Bank governor Christine Lagarde said Thursday the central bank would begin its first strategic review in 16 years. However, Lagarde's praise for negative interest rates and the stimulus programs from her predecessor, Mario Draghi, has investors betting the ECB holds rates at the current level of -0.5% for at least 18 months.

Quick take: The ECB left policy unchanged at Thursday’s meeting, and Lagarde said interest rates would only be raised from negative territory when eurozone inflation "robustly" meets the central bank’s target of just under 2%.

Go deeper: European banks could continue to disappoint investors

Go deeper

11 mins ago - Health

239 scientists call on WHO to recognize coronavirus as airborne

People walk at the boardwalk in Venice Beach. Photo: APU GOMES/AFP via Getty Images

A group of 239 scientists in 32 countries are calling for the World Health Organization to revise its recommendations to account for airborne transmission as a significant factor in how the coronavirus spreads, the New York Times reports.

The big picture: The World Health Organization has said the virus mainly spreads via large respiratory droplets that fall to the ground once they've been discharged in coughs and sneezes. But the scientists say evidence shows the virus can spread from smaller particles that linger in air indoors.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 9 a.m. ET: 11,294,859 — Total deaths: 531,419 — Total recoveries — 6,078,552Map.
  2. U.S.: Total confirmed cases as of 9 a.m. ET: 2,839,917 — Total deaths: 129,676 — Total recoveries: 894,325 — Total tested: 34,858,427Map.
  3. States: Photos of America's pandemic July 4 ICU beds in Arizona hot spot near capacity.
  4. Public health: U.S. coronavirus infections hit record highs for 3 straight days.
  5. Politics: Trump extends PPP application deadlineKimberly Guilfoyle tests positive.
  6. World: Mexican leaders call for tighter border control as infections rise in U.S.
  7. Sports: 31 MLB players test positive as workouts resume.
  8. 1 📽 thing: Drive-in movie theaters are making a comeback.

Protesters toss Columbus statue into Baltimore’s Inner Harbor

Christopher Columbus statue in Columbus Piazza in Little Italy on April 9, 2015 in Baltimore. Photo: Raymond Boyd/Getty Images

Protesters in Baltimore on Saturday toppled a statue of Christopher Columbus and tossed it into the city's Inner Harbor, the Baltimore Sun reports.

Why it matters: It's the latest monument toppled by demonstrators during the protests against racism and police brutality. Statues of Confederate soldiers and slave owners have been a flashpoint in the protests.