ECB's Mersch: Policy normalisation conditional on outlook for price stability

Comments by ECB's Mersch in Sofia, Bulgaria

  • Underlying strength in Eurozone economy continues to support inflation outlook
  • Evolution of monetary policy will firmly be guided by outlook for price stability

Mersch basically saying that inflation will determine everything over the coming months in terms of the ECB deciding to normalise monetary policy. Nothing that we don't already know.

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