ECB's Mersch repeats the need to keep up the pace of QE "intervention" until inflation back on track

Yves Mersch, originally a cynic on introducing QE, repeats his w-e comments that Eamonn had here

"We need to maintain the pace and volume of interventions, so that inflation rises back towards 2% as quickly as possible and that monetary policy can begin once more to normalise"

EURUSD 1.1437 tightly contained at the moment