Knot Says ECB ‘Very Far’ From Resuming Bond-Purchase Program
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European Central Bank Governing Council member Klaas Knot said officials are “very far” from reviving the government-bond purchase program.
“I think that we are very far from that situation,” Knot said at an event in Amsterdam today. “The instrument hasn’t been used for some time, but it’s still there. I hope we never have to use it again.”