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KLAAS KNOT
'ECB should keep raising rates as long as needed'The Paris-based organisation warned in its survey of the European economy that risks to inflation remain "skewed to the upside" and measure...06 Sep, 2023, 10.57 PM IST- High interest rates could impair capacity of borrowers to service debt: FSB to G20 leadersAhead of the G20 Summit here, Switzerland-based Financial Stability Board (FSB) on Tuesday warned that higher interest rates alongside a sl...05 Sep, 2023, 04.33 PM IST
- Brent oil hovers above $80 as inflation worries easeThe Brent crude oil benchmark rose above $80 a barrel, boosted by China's plan to reinvigorate economic growth and expectations that the US...19 Jul, 2023, 07.58 PM IST
- Gold dips on stronger dollar after US payrolls dataGold prices fell on Monday as the dollar firmed after the U.S. non-farm payrolls report pointed to a tight labour market and raised the odd...10 Apr, 2023, 07.42 AM IST
- ECB shouldn’t slow hikes as wage pressures grow, says SimkusThere are no grounds to depart from the rate path laid out by the ECB in December — even as energy prices plunge and headline inflation com...24 Jan, 2023, 10.31 PM IST
- Tech lifts European shares despite hawkish ECB signalsThe euro climbed 0.4% and euro zone banks added 0.7% after ECB governing council member Klaas Knot said on Sunday the central bank was set ...23 Jan, 2023, 03.12 PM IST
- Euro nears nine-month peak as ECB hawks let flyThe euro crept ahead to $1.0870 and nearer its recent nine-month peak of $1.08875. A break there would open the way to a spike top from las...23 Jan, 2023, 07.51 AM IST
- ECB’s Klaas Knot wants 50 bps rate hikes in February, March meetingsLater in the year might “be a time in which we could make a further step down from 50 to 25 basis points,” according to Knot. “But we are s...22 Jan, 2023, 11.47 PM IST
- ECB's Lagarde says inflation hasn't peaked, may surpriseHer comments, along with remarks by Dutch central bank chief Klaas Knot earlier, were likely to dampen speculation that the ECB was about t...28 Nov, 2022, 10.11 PM IST
- Gold steady as investors brace for Fed policy meetingU.S. consumer spending rose more than expected in September while underlying inflation pressures continued to bubble, keeping the Fed on tr...31 Oct, 2022, 07.53 AM IST
- Regulators propose first global rules before 'crypto winter' thawThe Financial Stability Board (FSB), which coordinates financial rulemaking among Group of 20 Economies (G20), made nine recommendations fo...11 Oct, 2022, 03.15 PM IST
- ECB needs 'significant' rate hike in September: French central bank chief VilleroyThe ECB raised rates by 50 basis points to zero in July to fight inflation that is now approaching double-digit territory and another such ...27 Aug, 2022, 11.43 PM IST
- Gold prices flat as firm dollar dents appealProduction at U.S. factories unexpectedly fell in May, the latest sign of cooling economic activity as the Federal Reserve aggressively tig...20 Jun, 2022, 07.08 AM IST
- ECB officials signal pause on more stimulusOvercoming those differences has become the first order of business for new ECB President Christine Lagarde.15 Nov, 2019, 08.05 AM IST
- First ECB rate hike possible in Q4 2019: Council member RehnRehn’s comments come as the ECB prepares to cap its bond-buying program by the end of the year19 Oct, 2018, 09.05 AM IST
- ECB confronted by banks testing exit, threat to recoveryThe key to any action will be the Governing Council’s interpretation of the “unwarranted tightening” that Draghi said would be one reason t...28 Jan, 2014, 10.53 AM IST
- Eurozone should allow Greece to default: Jim RogersJim Rogers, Rogers Holdings is of the opinion that a viable solution to sovereign debt crisis would be if Eurozone allows Greece to default.23 Sep, 2011, 10.06 PM IST
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