“I’m fully on board, I fully support everything that is in the blog,” the Dutch central banker said at panel discussion in Davos Wednesday. “I think it nicely charts the policy course.”
The comments by Knot, a hawkish voice on the Governing Council, contrast with his Austrian counterpart Robert Holzmann, who on Tuesday called for a half-point hike in July. That’s double the magnitude implied by Lagarde. The ECB’s deposit rate has been negative since 2014 and currently stands at -0.5%.
Knot also said:
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Source: Economy - investing.com
