The ECB this month projected inflation in the monetary union to fall to 1.8% after 2022, but Knot said that outlook could prove to be too rosy.
“I have a different view, I think the chance we remain stuck above 2% is just as big. Not far above 2%, but still,” Knot told Dutch daily Trouw.
Knot earlier this month said the ECB could decide to raise interest rates in 2023, if inflation continues to exceed expectations next year.
