Slovak CB gov and ECB gov council member out on the wires

  • market expectations do not form ECB policy, we follow inflation target

Oh yep, and some quiet words in their ear from Germany

  • market expectation on policy decision last Thursday was not fully met hence the reaction
  • reaction was not a surprise

Meanwhile on domestic matters he has raised 2015 GDP forecasts for Slovakia from +3.2% to +3.3%

  • Slovakia inflation 2015 forecast unchanged at -0.3%
  • 2016 inflation forecast cut to +0.7% from +1.0%