ECB’s Knot: Too early to talk about a pause in interest rate rises

European Central Bank (ECB) Governing Council member Klaas Knot said in an interview with Irish Times on Thursday, it is “too early to talk about a pause in interest rate rises.”

Additional quotes

Not uncomfortable with current market pricing of terminal rate.

We are now in what i would call mildly restrictive territory but inflation is still much too high.

Mildly restrictive territory will not be enough to counter an underlying inflation rate that has been creeping up.