Klaas Knot, a member of the Governing Council of the European Central Bank (ECB) and governor of the Dutch central bank, said on Thursday that the starting point of the central bank’s discussion is that the rate hike reflects better growth and inflation prospects.
Key Comments:
“It can be optimistic about the economy in the second half of 2021“.
“The market is discounting the price cautious optimism about the outlook“.
“Banks probably have enough reserves to handle the increase in bad loans.”
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.