Eurozone economy is quite good says ECB's Weidmann

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".

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