ECB's Nowotny says inflation target must be viewed flexibly
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FILE PHOTO: European Central Bank (ECB) Governing Council member Ewald Nowotny adjusts his glasses during a news conference in Vienna, Austria, March 30, 2017. REUTERS/Heinz-Peter Bader/File Photo
VIENNA (Reuters) - The European Central Bank's target of inflation under but close to 2 percent should not be applied too narrowly, Governing Council member Ewald Nowotny said on Tuesday, arguing for it to be seen as a flexible and medium-term target.
In a speech on monetary policy, Nowotny said the target "should also include a certain flexibility".
(Reporting by Francois Murphy; Editing by Gareth Jones)
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