ECB’s Knot Says QE Could End With Short Taper After September
- Dutch central-bank governor makes speech in Amsterdam
- Knot earlier said bond-buying should end ‘as soon as possible’
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European Central Bank Governing Council member Klaas Knot said he backs the view that quantitative easing probably won’t come to a sudden halt.
“It’s perfectly reasonable for the asset-purchase program to come to an end after September with a short taper period if needed,” the governor of the Dutch central bank, who generally sides with more-hawkish policy makers, said in a speech in Amsterdam on Tuesday. “Only after that we will turn to other instruments like our policy rates.’’