More Qs to Lagarde, on inflation target and.....>

ECB: More Qs to Lagarde, on inflation target and risks to outlook:

- Q: Should inflation target be symmetric and should there be a band around 2%?

Risks: Tilted to the downside but less so - was there any discussion about

moving to more balanced.

- A: Point of symmetry is very clearly referred to in statement. Going to

refrain from answering about whether there should be a band - largely unfair to

review exercise for her to comment at this point. Mission as ECB President is to

harness all views and to come to as close as possible a view to have as

consistent and as effective a policy to be able to deliver on mandate. Multiple

views will be proposed.

- A on risks: One key consideration was change in level of uncertainties about

change and relationships and that those will be dealt with through negotiations

rather than adversarial. Always have discussions on how risks are balanced -

this is very justified. If you focus on some indictators can see differently to

if you focus on others. Less uncertainties but uncertainties are still there.