Reported about 1 year ago
European Central Bank Governing Council member Klaas Knot stated that investor expectations for rate cuts by the ECB are fair as long as economic growth and inflation remain on track. Knot mentioned in an interview with Handelsblatt that he is content with the current policy stance and market expectations for future rate cuts, as long as economic data align with projections. He also emphasized the need for vigilance due to inflation risks and highlighted the importance of government fiscal consolidation.
Source: YAHOO