A post by @FirstSquawk on X.
ECB CANDIDATE KNOTT: CORE INFLATION, SECOND-ROUND EFFECTS WILL LIKELY PICK UP
@FirstSquawk on X
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ECB governing council candidate Klaas Knot said core inflation and second-round effects are likely to pick up, signaling persistent underlying price pressure in the euro area. The remarks from a senior policy voice suggest the central bank may need to keep policy restrictive even as headline inflation cools. Traders will watch upcoming eurozone core inflation prints and wage data for confirmation of the second-round effects Knot flagged.
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Named in this story
European Central Bank, Knott