ECB’s Knot sees first interest rate hike in the Q4 2022

Klaas Knot, the Dutch Central Bank President and a member of the European Central Bank's governing council, said on Sunday, per Reuters than he expects the ECB to raise interest rates in the fourth quarter of this year.

The ECB policymaker appeared on Dutch television programme Buitenhof ECB’s Knot said that he supported winding down the euro zone central bank's asset purchasing program as quickly as possible.

More to come…