ECB VP Constancio in Mannheim
- Confident that full implementation of QE, as announced, will lead to sustained return of inflation rates towards levels consistent with our definition
- Governing council stands ready to use all the instruments available within mandate to respond to any material change to the outlook to price stability
- Non standard measures have successfully improved financial and credit conditions and supported the normalisation of price stability
- There are no general signs of asset overvaluation in Eurozone
Vitor Constancio was speaking at the European Economic Assoc in Germany
