ECB governing council member and Dutch CB governor Knot on Bloomberg

  • ECB will always find instruments to implement policy

Knot the latest to chant the current " tapering on the cards but not just yet" mantra.

Earlier we had Executive Board member Coeure out with "recovery has finally arrived but unwise "to let our guard down" which I posted here.

EURUSD 1.1418 after failing into 1.1430. EURGBP still underpinned but sliding back to 0.8838 after another attempt on 0l8850

ECB's Knot - Reflation now replaces deflation