Bank of Italy's Panetta: Eurozone inflation will remain low

The is no inflation in the Eurozone

Bank of Italy #2 and ECB alternate governing council member Panetta spoke with the Italian press on the weekend and said the QE program is working.

He also said that Italy's economy is recovery.

It's not much but that a second-tier European central banker is still talking about inflation remaining low is a small signal that policymakers aren't trying to walk back from Draghi's QE signals on Thursday.