ECB's Knot: Core inflation still isn't showing "any signs of life"

The European Central Bank (ECB) Governing Council member Klaas Knot was on the wires last hour, via Reuters, commenting on the economy and inflation.

Key Points:

It is too early to speculate on ECB jobs before EU elections.

Core inflation still isn't showing "any signs of life".

No reason to expect more than a little slowing of growth.

QE remains in the toolbox, but only for extreme circumstances.