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Euro-Area Inflation May Justify End to ECB Crisis Mode, Says Knot

PEPP expiration in March 2022 should be reckoned with
September decision should slow purchase pace, he says

Klaas Knot — Klaas KnotPhotographer: Zach Gibson/Bloomberg

By

Carolynn Look and

August 31, 2021, 2:37 PM UTCUpdated onAugust 31, 2021, 3:17 PM UTC

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The euro zone’s inflation outlook may have improved markedly enough to justify an immediate slowdown in European Central Bank stimulus, an end to its pandemic emergency bond program in March, and then a return to pre-crisis discipline, according to policy maker Klaas Knot.