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ECB's Knot Calls for Mildly Hawkish Policy Stance

Original: ECB Probably Needs to Embrace Mildly Hawkish Stance, Knot Says

European Central Bank governing council member Klaas Knot said the ECB probably needs to adopt a mildly hawkish stance, a signal that keeping policy restrictive remains on the table. The remarks come as markets and economists debate how far the bank should go in tightening monetary policy to bring eurozone inflation back to target, and whether rate cuts can begin soon.

Why now: Investors are watching ECB officials' comments closely for clues on the timing of interest-rate moves amid persistent inflation concerns.

European Central BankKlaas KnotBloomberg

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• ECB Probably Needs to Embrace Mildly Hawkish Stance, Knot Says · Bloomberg.com
• ECB Probably Needs to Embrace Mildly Hawkish Stance, Knot Says · Bloomberg.com

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