ECB’s Constancio: Subdued core inflation may affect monetary policy

European Central Bank (ECB) Vice President Vitor Constancio was on the wires last minutes, via Reuters, making a scheduled speech at the 19th Euro Finance Week, in Frankfurt.

Key Headlines:

Last week saw beginning of a shift from bonds to equities

Understanding that fiscal stimulus will increase growth and inflation down the road

A range of political risks may induce economic shocks

ECB projections are predicated on the current supportive financial conditions persisting

Should Avoid Drawing Hasty Conclusions From Market Moves

Subdued core inflation may affect monetary policy