ECB’s Coeure: ECB’s key interest rates to remain at present levels for an extended period of time

The European Central Bank (ECB) board member Benoit Coeure was on the wires last minutes, via Reuters, making a scheduled speech titled "What yield curves are telling us".

Key Headlines:

“We expect the ECB’s key interest rates to remain at their present levels for an extended period of time, and well past the horizon of our net asset.

We currently see no reason to believe that the distribution of future inflation risks has moved permanently lower.

Currently, see no concrete evidence of market uncertainty about the sustainability of the current economic expansion.”