ECB's Asmussen: inflation to ease below 2 percent next year
BERLIN (Reuters) - Euro zone inflation does not present a threat and should ease below the two percent mark next year, ECB executive board member Joerg Asmussen told Germany's top-selling tabloid Bild, according to an advance copy of an article due to appear on Sunday.
"I do not see any rising currency depreciation," Asmussen was quoted as saying. "According to our forecasts, inflation will already ease below the two percent mark again next year."
Asmussen said the European Central Bank would continue to guarantee the stability of the common euro zone currency.
"No one must worry about this," he said. (Reporting By Sarah Marsh; Editing by Ralph Gowling)
- Target holiday cyber breach hits 40 million payment cards
- Housing, jobs data weaken, but overall economic picture still upbeat
- UPDATE 3-Saab wins Brazil jet deal after NSA spying sours Boeing bid
- Zuckerberg to sell Facebook shares worth about $2.3 billion
- Special Report: Why Ukraine spurned the EU and embraced Russia