ECB’s Mersch: confidence on inflation has risen recently

Dhwani Mehta FXStreet

Reuters reports comments from the European Central Bank (ECB) Governing Council member Yves Mersch delivered on its Eurofi Website.

Mersch noted that his confidence on inflation has risen recently.

Also, ECB’s Vasiliauskas was seen on the wires at the same time, stating that he is more confident that it is time to transition away from the QE. But, quickly added that the closure of bond-buying shouldn't be abrupt.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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