• The European Central Bank Governing Council member Erkki Liikanen: inflation in the Eurozone should be above 2% target for a while

Market news

20 May 2016

The European Central Bank Governing Council member Erkki Liikanen: inflation in the Eurozone should be above 2% target for a while

The European Central Bank (ECB) Governing Council member Erkki Liikanen said on Friday that inflation in the Eurozone should be above 2% target for a while.

"You can never have average inflation close to 2 percent if you are never above 2; it's arithmetic," he said.

"We must be consistent in both ways," Liikanen added.

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