Wed, Jun 29, 2022 @ 15:51 GMT
HomeLive CommentsECB Knot: 25bps hike realistic, 50bps must not be excluded

ECB Knot: 25bps hike realistic, 50bps must not be excluded

ECB Governing Council member Klaas Knot told Dutch TV program College Tour, “the first interest rate hike is now being priced in for the monetary policy meeting of 21 July.” A 25bps hike ” seems realistic to me.”

He also added that if inflation is “”broadening further or accumulating… a bigger increase must not be excluded either.”

“In that case a logical next step would amount (to) half a percentage point,” he said.

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