Klaas Knot is President of the Dutch central bank De Nederlandsche Bank (DNB)

  • Says has "a high degree of confidence" inflation in the euro zone will hit the ECB's target of just under 2 percent "at some point"

Yeah, thanks a lot dude.


  • "Inflation has been fairly stable so that provides me with a high degree confidence that actually inflation will pick up and will at some point approach the definition of price stability"

Knot pearls of wisdom uttered heading the G20 meeting in Buenos Aires.

The market expects Knot is right and the ECB to embark on gentle tightening this year.