ECB’s Nowotny: They have made " homeopathic" changes to its guidance

ECB governing council member Ewald Nowotny speaking in Vienna, crossed the wires last hour, speaking in Vienna on the central bank’s forward guidance and economic outlook.

Key Headlines:

They have made " homeopathic" changes to its guidance

Can expect relatively high growth in Europe

Low inflation despite growth is global issue

There are structural elements we do not fully understand, like wage growth being lower than econ growth would suggest