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MNI BRIEF: Knot Comfortable With Next Two ECB Rate Cuts

Dutch National Bank Chief is comfortable with expectations that the ECB will cut rates at its next two meetings

MNI (LONDON) - Dutch National Bank President Klaas Knot says he is comfortable with market expectations for interest rate cuts at the next two meetings of the ECB Governing Council.

In an interview with Bloomberg TV Wednesday, Knot said he was less certain about cuts beyond that time horizon as the ECB gets closer to the neutral rate of interest. 

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MNI (LONDON) - Dutch National Bank President Klaas Knot says he is comfortable with market expectations for interest rate cuts at the next two meetings of the ECB Governing Council.

In an interview with Bloomberg TV Wednesday, Knot said he was less certain about cuts beyond that time horizon as the ECB gets closer to the neutral rate of interest. 

Keep reading...Show less