ECB's Coeure: ECB is serious about guidance

Benoît Cœuré, Member of the Executive Board of the ECB, is crossing the wires, via Reuters, stating that the ECB is serious about guidance.

Key quotes:

• Still have to be convinced that return of inflation to 2 pct is sustainable
• Taking support away would change picture
• We see prospect for normalisation, we are serious about guidance
• Balance of economic risk is by and large flat
• Personally don't see risks as tilted to downside
• Not much discussion today about adding to ECB balance sheet
• Not at all worried about future of euro zone