SUBSCRIBERS
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
Add BT as a preferred sourcePublished Thu, Jan 25, 2018 · 09:50 PM
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.
Share with us your feedback on BT's products and services
