Expect a temporary rebound in inflation in the coming months.

It is likely that euro area economy will remain subdued in the near-term.

There are signs that labour market is beginning to weaken.

Will be in a better position to reassess inflation outlook and required action in December meeting.

Sees general disinflationary process continuing over the medium-term.

Will ensure policy remains sufficiently restrictive for as long as necessary.

Forward guidance is out of fashion.

 Central bank will not prejudge further movements in the policy rate.