ECB's Nowotny says inflation goal of 'close to 2%' is achieved - ConsultFX

ECB's Nowotny says inflation goal of 'close to 2%' is achieved

Comments by ECB member Ewald Nowotny in Vienna Hmm, last I checked the core inflation reading for May was 1.1%. Does that regard as being 'close to' 2%? I'm not so sure. But considering they're announcing the end of QE, I guess they have to talk it up.