Domingo Solans says ECB monetary policy credible

SPAIN - The credibility of the European Central Bank's (ECB) monetary policy is demonstrated by the euro zone's low inflation, ECB executive board member Eugenio Domingo Solans said on Saturday.

We have achieved low inflation and low inflation expectations while keeping low nominal rates. For me, this shows that the ECB's monetary policy is credible. The ECB has made its decisions on the basis of its primary goal, price stability," according to a text of his comments to a conference on the eur