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ECB`s Rimsevics also sees inflation rising to target in 2020

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Euro zone inflation could rise back the European Central Bank’s target of almost 2 percent in 2020 as ECB President Mario Draghi predicted on Thursday, Latvian central bank chief Ilmars Rimsevics told a news conference on Friday.

FRANKFURT (Reuters) – Euro zone inflation could rise back the European Central Bank&rsquo-s target of almost 2 percent in 2020 as ECB President Mario Draghi predicted on Thursday, Latvian central bank chief Ilmars Rimsevics told a news conference on Friday.

Rimsevics, who also sits on the ECB&rsquo-s Governing Council, added that the precise composition of the ECB&rsquo-s policy measures beyond this year will be decided in October.

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