European Central Bank (ECB) policymaker Christian Noyer said on Saturday at an economic conference in French city Aix-en-Provence that it seemed the risk of deflation had been avoided in euro currency zone, even if inflation remained too low”

  • “Even if the risk of deflation seems to have been avoided, we have … price increases that are too low.”

He also said

  • Questions remained on growth in China
  • U.S. “dynamism” had so far not been as high as expected
  • & that Europe “struggles to take off”

via Reuters

ADDED

Bloomberg have more from Noyer here