Speaking at a conference in Athens
ECB governing council member Yannis Stournaras is saying in a speech in Athens, Greece that:
- Those looking for a rate hike are probably in a hurry
- The ECB does not expect a significant rising inflation in the medium-term
- Dismisses the rising energy prices
- Sees inflation fallen below 2% next year
The comments are congruent with previous comments made by the Bank of Greece Governor.