ECB's Knot - expects significant moves by ECB will be needed in 2023 to get inflation down

Dutch central bank governor and hence a European Central Bank Governing Council member, Klaas Knot,

• Markets seem to underestimate the upward risks in inflation outlook
• Expects inflation to go down in 2023, but question is how fast
• Expects significant moves by ECB will be needed in 2023 to get inflation down