European Central Bank member Couere expects European interest rates to stabilize at low levels for a long period of time. His most prominent comments were as follows:
- I do not see any reason to believe that future inflation risks have declined permanently.
- The quantitative easing program will not continue forever.
- The European Central Bank must be patient and wise.
- We will not rush to end the quantitative easing program.
- Foreign exchange fluctuations may lead to undue tightening.
- Currency war is always a loser proposition.
