- Low inflation for long period a risk for the recovery
- We have symmetric attitude toward price stability
- Good part of subdued performance of core inflation due to subdued core inflation in program countries
- Has probably been caused by price adjustment and weakness in demand in those countries
- Coordination on mon pol has failed in previous times due to eventually going against the national mandates
- In ECB discussions have not discussed buying equities
- We are determined to reach inflation target of just under 2%
- Does not see any relationship between OMT and QE
That was the last question and now Vitor Constancio is babbling on about the AQR
