ECB’s Mersch says «overriding» priority is price stability

ECB executive board member Mersch in scheduled speech 25 Sept

  • ECB will prudently adjust tool box when warranted
  • have not suffered any impairment since we started the expanded asset purchase programmes
  • we can already start thinking about financial risk management framework for a central bank that has returned to more conventional policy

Nothing to see here.

EURUSD 1.1993 EURGBP 0.8793 EURJPY 133.25

Full speech

                  ECB’s Mersch — will adjust tool box when time is right

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