ECB’s Praet: Monetary policy stance remains appropriate

ECB Chief Economist Peter Praet is on the wires now, via Reuters, speaking in Spanish Press.

Key Headlines:

Monpol stance remains appropriate

EZ economy gaining momentum but still must be confirmed by hard data

ECB has won the battle again deflation

Underlying inflation remains subdued in EZ

April asset purchase reduction does not signal start of gradual reduction of purchases