Out the woodwork they come
- Is confident that that measures will increase the probability of return to price stability (not the biggest vote of confidence)
- He invites markets to look at the results and see reinforcement of policy by latest measures
- ECB sees signs of improvement, certainly in terms of economic growth
- ECB sees signs of revival of inflation but more slowly than previously thought up
Jan Smets is head of the Belgian central bank and his comments come after they release their latest forecasts. Their forecasts are as follows;
- 2015 1.4% vs 1.2% prior
- 2016 1.3% vs 1.5% prior
- 2017 1.7%
