ECB's Mersch says Eurozone economy is experiencing broad-based economic expansion
Comments by ECB member Yves Mersch
- Remains confident that underlying strength of economy will continue to support gradual build up of price pressures
- Monetary policy to evolve in a data-dependent way
- Labour market, wage growth should support core inflation
Nothing really new here from Mersch as he speaks from Singapore. He's mainly reiterating the same rhetoric by the ECB that we're all very much used to by now.