The Bank of France and ECB man has been speaking in Paris this morning

  • Inflation is temporarily negative
  • Sees no risks of bubbles in EZ
  • ECB remains vigilant on possible risk if its policies
  • EZ inflation will be positive in second half of the year
  • Eurozone banks are more solid than pre-crisis
  • Capital requirement for banks shouldn't rise further
  • Eurozone current account surplus isn't optimal

Sounding very sure of himself. Just another leaf being carried on the wind like the rest of them.

Trust me, I'm a central banker