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The ECB’s Governing Council member Philip Lane was out on the wires in the last hour, saying that the ECB expects inflation pressure to pick up through 2020.  

Additional Quotes:

   “¢   As of today, aggregate inflation pressure isn’t that strong.
   “¢   ECB has a robust forecast, the strategy isn’t fragile.
   “¢    There will be more precise rate hike debate next summer
   “¢   He stands ready to serve on the ECB board next year if needed.
   “¢   Italy’s budget plans will be analyzed.

He also touched upon the recent hot topic of trade tariffs/emerging market crisis and said:

   “¢   A severe trade war would have a big negative impact.
   “¢   Watching emerging markets could cause stress.