Ewald Nowotny gracing the airwaves again

  • On the whole, ECB monetary policy actions have been right
  • Low interest rates are a reflections of low inflation and growth
  • If growth increases then naturally the time will come to increase rates
  • We are watching markets like real estate very carefully

He's adding to comments earlier where he said that the Austrian banking sector would likely lose a third of its workforce over the next 4/5 years