A post by @FirstSquawk on X.

ECB governing council member Klaas Knot said the central bank would respond to recent market moves with a "somewhat hawkish" policy stance, signaling that officials remain inclined toward tighter settings even as they calibrate their next steps. The remark, delivered via a First Squawk headline, frames the ECB's reaction function as a deliberate counter to prevailing conditions rather than a pivot toward easing. It matters because Knot is among the more influential voices shaping expectations for the ECB's rate path, and his language suggests policymakers want to avoid being read as softening prematurely. Traders will watch upcoming ECB communication and rate decisions for confirmation that the "somewhat hawkish" framing translates into concrete guidance.