Inflation rates are relatively high - ECB's Weidmann

European Central Bank (ECB) member and Bundesbank President Jens Weidmann, crossed the wires, via Reuters, saying that inflation rates are relatively high and roughly in accordance with the objective.

Key quotes (via Reuters)

• We don't have sustainable price growth
• I would like to see a slightly less expansive policy
• I see the danger that the expansive policy lasts longer than strictly necessary