ECB's Coeure: Central bank is taking market concerns about protracted low inflation seriously
Comments by ECB governing council member, Benoit Coeure, in Frankfurt
- Stable inflation expectations is important for the economy
- Need to consider and analyse developments in a broad set of inflation expectations
- Recent market developments suggest current weakness in the euro area and global demand will persist
He is mainly talking about inflation expectations in the context of monetary policy, in a very analytical presentation. There doesn't seem to be any too pressing with regards to the central bank's policy outlook. The full text can be found here.