The European Central Bank (ECB) Governing Council member Klaas Knot was on the wires last hour, via Reuters, commenting on the economy and inflation.
Key Points:
It is too early to speculate on ECB jobs before EU elections.
Core inflation still isn’t showing “any signs of life”.
No reason to expect more than a little slowing of growth.
QE remains in the toolbox, but only for extreme circumstances.
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