Ewald Nowotny speaking at a retail investor event in Vienna
And I bet 90% of those retail investors have Deutsche Bank prices open on their phones while they listen to him ;-)
- Development of low interest rates will continue for a while
- It wouldn't be right to promise quick end to low rates
- Expects CPI of 0.2% for 2016 and over 1.0% in 2017
- We are getting into normalisation of inflaiton