Speaking in Ljubljana
Economic situation in Eurozone is quite good
2017 inflation is well in excess of current forecast
ECB's accommodative policy stance remains appropriate
I'm not quite sure how he's managing to say that with his fist in his mouth.
Bite down the inflation numbers Jen's
A bit more;
2017 CPI could be half a percentage point higher than projected
Inflation will be somewhat lower by the end of the year
ECB should avoid the perception it would fear tightening policy to avoid triggering market turbulence
Basically, "Don't be scared to hike".