ECB's Coeure: Expect link between QE and inflation in policy message to be changed over time

Comments from Coeure in Handelsblatt

• Expect link between asset purchases and inflation target in policy message to be changed between now and Sept 2018
• I believe asset purchases will remain an instrument but will not be a permanent part

Yesterday, a report cited unnamed sources and said the language in the ECB statement would be gradually changed in the 10 months ahead.