European Central Bank Governing Council member Jan Smets believes new stimulus measure by the ECB will help to reach 2% inflation target

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7 diciembre 2015

European Central Bank Governing Council member Jan Smets believes new stimulus measure by the ECB will help to reach 2% inflation target

The European Central Bank (ECB) Governing Council member Jan Smets said on Friday that he believes new stimulus measure by the ECB will help to reach 2% inflation target.

"I'm really confident that with these measures taken, we drastically increase the probability of a complete return to what we consider to be price stability," he said.

Smets noted that there were signs of the economic recovery in the Eurozone.

European Central Bank President Mario Draghi: the ECB is ready to add further stimulus measures to reach 2% inflation target if needed

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