Euro strength is a source of uncertainty: Draghi
He tells a news conference following the ECB's regular policy meeting that pumping money into the eurozone economy is still necessary in order to boost inflation
Frankfurt
THE euro's recent rise on foreign exchange markets is a source of uncertainty for the eurozone's inflation outlook and European Central Bank policymakers, ECB president Mario Draghi said on Thursday.
The common currency has rallied 5 per cent against the US dollar in recent weeks, complicating the ECB's path out of its massive stimulus programme by threatening to curb a tepid recovery in eurozone inflation.
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Central banks will probably only cut half as much as they hiked