- ECB’s Knot: Too early to talk about a pause in interest rate rises
Market news
20 April 2023
ECB’s Knot: Too early to talk about a pause in interest rate rises
European Central Bank (ECB) Governing Council member Klaas Knot said in an interview with Irish Times on Thursday, it is “too early to talk about a pause in interest rate rises.”
Additional quotes
Not uncomfortable with current market pricing of terminal rate.
We are now in what i would call mildly restrictive territory but inflation is still much too high.
Mildly restrictive territory will not be enough to counter an underlying inflation rate that has been creeping up.
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