ECB's Governing Council member Knot: Policymakers should act with more caution in using unconventional tools subject to more uncertainty

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14 November 2019

ECB's Governing Council member Knot: Policymakers should act with more caution in using unconventional tools subject to more uncertainty

Says financial conditions are not currently an impediment to growth or to a rise in inflation
Policymakers should act with more caution in using unconventional tools subject to more uncertainty, act more forcefully with conventional instruments

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