Whoopeeeeeeeee
- Incoming data have been better than expected since last hearing in June
- Expect recovery to proceed at moderate pace, positive underlying momentum
- Sees continued uncertainty around outlook
- Inflation could increase slightly in short-term
- Inflation should remain moderate over medium-term horizon
- Risks to inflation outlook are slightly to upside
- Current monetary policy stance is accomodative
- Interest rates are appropriate
- Support measure temporary in nature
- ECB in favour of body of wise men at EU level that would give a second opinion on oversight
