European Central Bank (ECB) President Mario Draghi holds a news conference following the governing council’s interest rate decision at the ECB headquarters in Frankfurt, Germany, January 25, 2018. REUTERS/Kai Pfaffenbach
FRANKFURT (Reuters) – The euro’s recent rise on foreign exchange markets is a source of uncertainty for the euro zone’s inflation outlook and European Central Bank policymakers, ECB President Mario Draghi said on Thursday.
The common currency has rallied 5 percent against the dollar in recent weeks, complicating the ECB’s path out of its massive stimulus program by threatening to curb a tepid recovery in euro zone inflation.
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