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ECB’s Constancio: ‘Inflation to return to our medium-term objective’

ECB’s Constancio: ‘Inflation to return to our medium-term objective’

Reuters reporting comments from the European Central Bank (ECB) Vice President Vitor Constancio, as he spoke on the inflation outlook during a speech on Sunday.

Key Quotes:

“Apparent disconnect’ between strong economic activity & low inflation, wages”

“We remain confident that the continued closing of the output gap will lead inflation to return to our medium-term objective, yet this return remains conditional on a very substantial degree of monetary accommodation”

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