Weekend comments from ECB Nowotny: Makes sense to normalize policy quicker

Speaking on Austrian TV

ECBs Eeald Nowotny (Governor of the Bank of Austria) was on Austrian TV on Sunday and said:

• We are in a really very good economic situation, but monetary policy is actually still in crisis mode.
• Price stability achieved in Euro Zone as a whole
• Makes sense to normalize monetary policy quicker
• We have fixed interest rates for another entire year (fall/end of summer 2019), and I think that's something we should have a look at and ask if it is really sensible given economic circumstances
• I am more optimistic on inflation than ECB majority
• Markets/ECB are monitoring Italy
• Italian government is sending contradicting messages

More hawkish comments from the Austrian central banker and ECB member.