ECB’s Smets: Worried about weaker price trend

Reuters reporting the comments from Counsellor to the ECB President Draghi, Jan Smets, from his interview with Handelsblatt conducted on Sunday.

Key Headlines:

Permanently low inflation would be dangerous if "people had grown accustomed to a weaker price trend and, for example, demanded lower wage increases"

"This is why we should not be satisfied if inflation remains below our target of close to two percent"