ECB's Coeure says giving up on inflation target is not an option

ECB board member Benoit Coeure speaking to Frankfurter Allgemeine Sonntagszeitung 1 May

• Eurozone inflation will rise only gradually but giving up the target is not an option even if the ECB has a "very flexible" interpretation of its medium-term objective

Says Coeure:

" Silently giving up on the commonly agreed inflation objective, which has served the ECB well for the last 13 years, is not an option"

Nothing of real note, more reiteration. Posting for info.

ECB's Coeure - Not giving up on inflation target