Klaas Knot interview in Dutch paper Het Financieele Dagblad

  • ECB should scale back over 5 month period at €10bn per month

  • Inflation of 1.7% would be below but close to 2% so inline with ECB's goal

  • Process of creative destruction is held back by low interest rates

  • Time for market discipline to return to Eurozone

  • Is somewhat more positive about the Eurozone economy than Draghi

He was put yesterday saying that ECB asset buys should be wound down as quickly as possible after Dec. I guess he won't be voting for a QE extension anytime soon ;-)