Speaking at a news conference, Mersch said ECB monetary policy remains "accommodative".
Last Thursday, the ECB raised rates by a further 25 basis points to 3.50 pct.
- James Bullard on 2% rates, tariffs and Fed leadership
- Turkish central bank raises overnight rates in bid to stop lira’s fall
- Podcast: David Hendry and John Muellbauer on empirical macro
- Policies must change to stop emerging markets crisis, analysts say
- Next financial crisis “will be brewing” in shadow banking – Bullard