
European Central Financial institution (ECB) Governing Council member and head of the Dutch central financial institution De Nederlandsche Financial institution (DNB) Klass Knot famous on Wednesday that the present outlook on European inflation is murky, making it troublesome for the ECB to have interaction in direct strikes.
Key highlights
Medium-term inflation outlook is extra ambiguous.
Close to-term progress and inflation dangers are to the draw back.
Financial-policy stance needs to be impartial.
Inflation dynamics could trigger appreciable challenges.