ECB's Knot: Recovery in Europe seems to be going faster than expected

Remarks by ECB policymaker, Klaas Knot

  • Sustainable recovery only possible if coronavirus is contained on a global scale

The headline underscores some optimism as we look towards the ECB meeting next week. It may be too soon to draw a hard line on tapering but the ECB may lay the groundwork for that as risks appear to be more balanced and if anything, favouring the upside.

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