ECB’s Weidmann: Recent EUR strength does not change very accommodative stance in Eurozone

Comments from the ECB Governing Council member Jens Weidmann are crossing the wires now, via Reuters:

Important to "gradually and dependably" reduce ECB stimulus.

Policy normalisation will take a long time.

If economic upswing continues and price rise, no reason to not end QE this year.

Rapid Eurozone growth confirms that inflation will move towards target.

Recent EUR strength does not change very accommodative stance in EZ.

There is evidence that FX movements are having smaller impact on inflation than in the past.

Germany and Eurozone growth was "very satisfactory".

Bigger QE reduction or a clearer end date would be justifiable.