Benoît Cœuré: The local impact of the European Central Bank’s monetary policy Speech by Mr Benoît Cœuré, Member of the Executive Board of the European Central Bank, at Les Champs du Possible, Châteaudun, 4 October 2018. * * * It is a great pleasure to be here in Châteaudun and have the opportunity to exchange views with you.
Moreover, the unemployment rate remains significantly higher in the euro area than in the US, despite a clear improvement in the last decade.