European Central Bank (ECB) official Klaas Knot warned on Sunday that new tariffs imposed by US President Donald Trump will drive inflation and higher interest rates in the US, likely weakening the euro.
Speaking on Dutch television, Knot emphasized that trade wars harm all sides and often lead to...
Member of the European Central Bank (ECB) Governing Council and De Nederlandsche Bank (DNB) President Klaas Knot expressed concerns on Monday over a potential global trade war.In an interview with Dutch newspaper De Volkskrant, Knot warned that if the United States imposes tariffs on...
Member of the European Central Bank (ECB) Governing Council and De Nederlandsche Bank (DNB) President Klaas Knot shared on Thursday that he is "optimistic" when it comes to the outlook for the euro area growth.Speaking at the University of Amsterdam, he went on to say that there is growing...
Member of the European Central Bank (ECB) Governing Council and De Nederlandsche Bank (DNB) President Klaas Knot stated on Tuesday that the former institution's interest rates are unlikely to go down to "extremely low levels" seen before the beginning of the COVID-19 pandemic.Speaking on...
European Central Bank (ECB) Governing Council member Klaas Knot (pictured) said on Monday that there is no reason for lowering interest rates in July after the bank started to ease its monetary policy in June. In an interview with Handelsblatt, the central banker noted that "the next meeting that will...
Member of the European Central Bank (ECB) Governing Council and De Nederlandsche Bank (DNB) President Klaas Knot (pictured) remarked on Thursday that the former institution's "optimal" plan for its monetary policy "is broadly in line" with "just under three" cuts in interest rates in...
European Central Bank (ECB) Governing Council member Klaas Knot stated on Tuesday that if the "incoming data" in the continent "continues to validate" an economic recovery, then policymakers can consider "appropriate to gradually take [their] foot off the brake" referring to lessening...
European Central Bank (ECB) Governing Council member Klaas Knot stated on Monday that it is realistic to see a rate cut as early as June. In an interview with Nikkei, Knot acknowledged the easing inflationary pressures within the eurozone. Moreover, he highlighted the continuous decline in...
European Central Bank (ECB) Governing Council member Klaas Knot remarked on Thursday that he believes the ECB will start its monetary policy loosening in June.
Speaking at a press conference, Knot shared that further interest rate cuts could ensue in September and December, adding,...
European Central Bank (ECB) Governing Council member Klaas Knot told Boersen Zeitung in an interview on Wednesday that he "would be in no hurry to cut interest rates."
He said that the latest inflation data confirmed being "on the right track" to meet the 2% inflation target, but said that "we have...
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