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ECB’s Mersch: Eurozone economy is giving good signs of stabilization and the same goes for inflation

The European Central Bank (ECB) Governing Council member Yves Mersch said in his scheduled speech on Wednesday, Euro area economy, inflation is giving good signs of stabilization.

Further Quotes:

We were proven right to have accommodative policies.

Household and corporate debt are still quite high.

Other policy areas need to kick in to help the ECB.

  • EUR/USD flirts with the 200-day SMA near 1.1140

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