ECB’s Nowotny: It’s possible that inflation rates will remain low in long term

Comments from Nowotny:
– One could question whether the ECB inflation target is still realistic
– It’s possible that inflation rates will remain low
– Low inflation not necessarily bad if there’s growth at the same time
Nowotny is one of those central bankers that’s tough to pin down. He’s been more hawkish lately but not here.