- But unemployment and the economy are important in our assessment of price stability
- Monetary policy cannot impact structural rigidities
- Never comment about exchange rates but it is an important element in economic assessments; it is not a policy target
- Reiterates G-20 statement on refraining from competitive devaluations (suckers!)
- Real, effective euro FX rate at its long-term average
Draghi Q&A: Unemployment is not our mandate
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