Knot says much of the increase in returns this year is due to better fundamentals

An important part of the recent increase in the performance of the eurozone is due to better fundamentals, as well as the improvement of the inflation and growth outlookKlaas Knot, a member of the governing council of the European Central Bank (ECB), said on Monday, Reuters reports. However, Knot has also acknowledged that part of the increase was not justified.

Once the economic improvement materializes, the reason to wait for the purchase of assets disappears“Knot added.

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