It'll possibly be a more significant comment if he manages to succeed Draghi as ECB president later in the year

de Guindos
  • Says that officials haven't discussed changing their inflation target just yet

The full context is that there was a question posed to de Guindos about if the new ECB president wants to review the current inflation target. He responded by saying "we are open-minded but we haven't had this discussion" and says that "we have other problems".

In any case, it is highly unlikely that the governing council will come to some consensus in tweaking the current inflation target; even if it may not be what is ideal in the current global environment. If you want a prime example, just look at Japan.