ECB's Governing Council member Knot says market expectations for September meeting are overdone

Market news

29 August 2019

ECB's Governing Council member Knot says market expectations for September meeting are overdone

says there is no need to resume QE program
Sees no "value added" in ECB launching package of measures
Would be relucatant to back peitring of deposit rates
Sees "minor" revisions to September forecasts
ECB should keep powder dry in case of new shock

European stocks closed: FTSE 100 7,184.32 +69.61 +0.98% DAX 11,838.88 +137.86 +1.18% CAC 40 5,449.97 +81.17 +1.51%

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