ECB's Smets: Important to get nominal interest rates back to a higher level

Belgian central bank chief Jan Smets, also a member of the ECB's Governing Council, recently crossed the wires arguing that it was important to get the nominal interest rate back to a higher level.

Key quotes (via Reuters)

• We will probably end asset purchases by end of year depending on incoming information.
• Sees further growth in the euro area.
• We are confident core inflation will go up.