Skip to content
Markets
Economics

ECB’s Knot Warns Central Bank Could Be Underestimating Inflation

  • Dutch central banker says 1970s are a cautionary tale
  • Pandemic bond-buying program should end “around March 2022”
NETHERLANDS-HEALTH-VIRUS-FEATURE

Photographer: Ramon Van Flymen/AFP/Getty Images

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

European Central Bank policy maker Klaas Knot warned that policy makers may be underestimating the potential for accelerating inflation to become entrenched, and that emergency monetary stimulus should end around March 2022.