ECB's Notwony sees no need for higher interest rates if inflation remains low

Austrian CB head and ECB governing council's Notowny across the wires 1 Sept

" As long as we have low inflation I do not see a perspective for higher interest rates

Not exactly anything new or unobvious here. The ECB has, after all, pledged to keep its current key rate at -0.4% until well past the conclusion of asset purchases.

EURUSD agrees and remains at 1.1884 with EURGBP still trawling around 0.9200. EURJPY 130;.93

Nowotny - No need for rate hikes is inflation stays low

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