ECB's Knot says is considering a +50 vs a +75bp rate hike at the December meeting

European Central Bank European Central Bank The European Central Bank (ECB) represents the central banking entity in the Eurozone that oversees monetary policy for the bloc. As a growing geographic and economic region, the eurozone now includes 19 countries, which rely on the euro as their national currency.The eurozone presently consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.In terms of monetary The European Central Bank (ECB) represents the central banking entity in the Eurozone that oversees monetary policy for the bloc. As a growing geographic and economic region, the eurozone now includes 19 countries, which rely on the euro as their national currency.The eurozone presently consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.In terms of monetary Read this Term Governing Council member Klaas Knot spoke over the weekend in a TV interview. Newswires picked up the comments:

Knot says he is in favour of +50 or +75 in December

• +75 increase “would be possible, but its too early to say"
• “We still have six more weeks to go and there are still a lot of economic numbers coming out”

Knot tends to the less dovish side of the European Central Bank spectrum.

Last week the EBC went with a +75:

• Forexlive Americas FX news wrap: ECB raises rates by 75 basis points

The next meeting is Dec. 15: