ECB Minutes: broadly agreed not enough evidence that inflation is sustained

Below are some of the key highlights from the ECB Monetary Policy Meeting Accounts, released this Thursday.

   •  Removal of easing bias should not be misunderstood.
   •  Broadly agree not enough evidence that inflation is sustained.
   •  Saw global economic risk as tilted to downside in March.
   •  Widespread concerns over risk of trade conflicts.
   •  Caution voiced over EUR moves.
   •  Past EUR appreciation has not had significant impact on demand