ECB’s Constancio says policy reassessment not warranted now

ECB’s Constancio in Brussels
– Recovery is progressing and now gaining momentum
– Recovery of headline inflation rate disappointing so far
– Low risk of real-estate bubbles
Constancio is in Brussels to present the 2016 ECB report. "Monetary policy stance is appropriate and a reassessment is not warranted at this stage," he said.