ECB’s Knot Advocates Quarterly Policy Assessments

Reported 8 months ago

European Central Bank's Governing Council member Klaas Knot believes there is a strong case for the ECB to decide on interest rates once a quarter when new economic projections are available. Knot emphasized the need for a data-dependent approach and flexibility in using policy instruments to deal with uncertainty and manage risks. He also hinted at a possible pause in July before considering another rate cut, highlighting the importance of recalibrating policy stances based on new information during projection meetings.

Source: YAHOO

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