European Central Bank (ECB) Governing Council Member Klaas Knot: quantitative easing by the ECB is reaching its limits

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24 June 2015

European Central Bank (ECB) Governing Council Member Klaas Knot: quantitative easing by the ECB is reaching its limits

European Central Bank (ECB) Governing Council Member Klaas Knot said on Wednesday that quantitative easing by the ECB was reaching its limits.

"Monetary policy accommodation is now reaching its limits and if it is maintained for a significant period of time it also comes with the risk of certain negative side-effects such as new financial imbalances," he said.

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