ECB's Praet: When normalisation of monetary policy comes it has to be prudent

ECB Chief Economist and Executive Board member Peter Praet recently crossed the wires, with key quotes, via Reuters, found below:

• When the normalisation of monetary policy comes it has to be prudent
• Fed has been successful with its normalisation so far, now it is reducing its balance sheet
• Inflation is very slow in euro zone, but it is coming
• Degree of slack in economy is probably bigger than some economic figures show