ECB’s Kocher Says Data Have Turned ‘Slightly Better’

European Central Bank Governing Council member Martin Kocher said recent economic reports have improved a little and inflation is set to remain close to 2% for the next two years.

Speaking a day after third-quarter output numbers for the euro zone came in higher than anticipated, the Austrian central-bank chief reiterated that the ECB is in a “good place” that may even have improved.