ECB's Liikanen: ample degree of monetary stimulus still required for inflation pressures to build up

Policy rates are expected to remain at present levels well past the horizon of net asset purchases, said Bank of Finland Governor Erkki Liikanen this Monday.

Additional headlines:

   •  An ample degree of monetary stimulus is still required for underlying inflation pressures to continue to build up and support headline inflation developments over the medium-term.

   •  Recovery of Euro area economy, reduction of economic slack supports confidence in inflation converging towards our inflation aim in due course.