ECB press conference: Eurozone unemployment still high, but stable

FXStreet (Łódź) - In the Q&A part of the press conference Draghi says that even though unemployment in the Eurozone remains high, it has already stabilized.

• The situation in the Eurozone has generally improved since the last ECB monetary policy meeting.

• “This scenario was largely expected and is the reason for today's decision.”

• “The exchange rate is important for growth and price stability but it is not a policy target.”

• “The Governing Council broadly discussed interest rates and other instruments.”

• “Our policy stance will continue even after the economic improvements become evident.”