ECB’s Knot Wants Half-Point Hikes at Next Two Meetings at Least

0
2

Klaas Knot, president of De Nederlandsche Bank NV, at the Frankfurt European Banking Congress (FEBC) in Frankfurt, Germany, on Friday, Nov. 18, 2022. The European Central Bank must raise interest rates to a level that constrains the economy to ensure record inflation doesn't persist, according to Governing Council member Knot.

Klaas Knot, president of De Nederlandsche Bank NV, at the Frankfurt European Banking Congress (FEBC) in Frankfurt, Germany, on Friday, Nov. 18, 2022. The European Central Bank must raise interest rates to a level that constrains the economy to ensure record inflation doesn’t persist, according to Governing Council member Knot.