ECB's Governing Council member Knot: Some upside risks slipping into inflation outlook

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11 June 2021

ECB's Governing Council member Knot: Some upside risks slipping into inflation outlook

Europe needs new budget rules so government spending can maintain an oversized role for years to come
As current low-interest rate environment is likely to persist, we need structurally larger role for fiscal policy in macro-economic stabilization for foreseeable future

USD/CHF: Scope for a substantial drop to the the 2021 lows at 0.8757 - Credit Suisse

G7 eyes allocating $100 billion from IMF funds to COVID-ravaged nations - US

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