ECB's Knot: Central bank actively thinks about 'emergency plans' in case growth doesn't pick up

Author: Justin Low | Category: Central Banks

Comments by ECB governing council member, Klass Knot

After the change in stance by the Fed overnight, the ECB can only grow more dovish from here in order to prevent the euro from appreciating and threatening to undermine their inflation mandate. The race is very much on now.
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