Following the meeting of the Governing Council of the European Central Bank (ECB) on Thursday 25 January, its President, Mario Draghi, said that the current volatility of the exchange rates - in particular the appreciation of the euro against the dollar - represents a “source of uncertainty which requires monitoring with regard to its possible implications for the outlook for price stability”.
Draghi was responding to comments made the day before at the World Economic Forum in Davos by...