Nowotny is going a bit off script here
- ECB should consider how far to stray away from expectations
I'm not sure what he is trying to get at with the comments here. Most ECB members have made it well-known that current market pricing of only a probable rate hike (even odds of that are also slowly fading) at the end of this year is in-line with the central bank's forward guidance. That's also well communicated in the minutes of the January meeting yesterday.
I would look past the comments by Nowotny here if anything else.
