Central Banks

ECB’s Knot Says Neutral Is Right Policy Setting as Shocks Unfold

Klaas Knot
Photographer: Dhiraj Singh/Bloomberg

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By Alexander Weber and Jana Randow

April 23, 2025 at 4:04 PM UTC

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European Central Bank Governing Council member Klaas Knot said he doesn’t see a need to stimulate the economy with lower interest rates as the medium-term impacts of recent economic shocks remain unclear.