ECB's Praet: ample degree of monetary stimulus remains necessary

During a scheduled speech at the Cercle de Lorraine, Brussels, Peter Praet, Member of the Executive Board of the ECB, was noted saying that monetary policy will evolve in data-dependent and time-consistent manner.

Key headlines:

   •  ample degree of monetary stimulus remains necessary
   •  inflation developments remain subdued
   •  we are still some way from gov council's criteria for sustained adjustment in inflation path