Reported about 2 months ago
Klaas Knot, a member of the European Central Bank's Governing Council, has stated that he will wait for more economic data before deciding whether to support a potential interest rate cut in September. He indicated that while he is in favor of gradual easing if inflation targets are met, he won't finalize his position until key inflation data is released this week. Knot's comments reflect a cautious view, in line with other ECB officials, as they navigate the economic landscape ahead of upcoming meetings.
Source: YAHOO