Central Banks

ECB’s Knot Says He’s Comfortable With Current Policy Stance

  • Central bank getting on top of inflation, Dutch official says
  • Slovenia’s Vasle says growth rates are still positive

Klaas Knot 

Photographer: Dhiraj Singh/Bloomberg
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European Central Bank Governing Council member Klaas Knot said he’s content with existing monetary-policy settings as officials seek to bring inflation back to 2%.

“I think I’m comfortable with the current stance of policy as it stands,” the Dutch central bank chief told a panel discussion Friday in Slovakia. “That’s not to say that there will not be new shocks.”