{"id":84496,"date":"2023-05-25T21:08:36","date_gmt":"2023-05-25T17:08:36","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=84496"},"modified":"2023-05-25T21:10:40","modified_gmt":"2023-05-25T17:10:40","slug":"ecbs-knot-we-need-at-least-two-more-rate-hikes","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/ecbs-knot-we-need-at-least-two-more-rate-hikes\/05\/25\/market-updates\/","title":{"rendered":"ECB&#8217;s Knot: We need at least two more rate hikes"},"content":{"rendered":"\n<p>ECB policymaker Klaas Knot said that the ECB needs to raise the policy rate at least two more times. Knot further argued that rates should stay put for a significant period of time following these increases.<br><br>&#8220;Headline inflation peak behind us but not sure if at peak of underlying inflation&#8221;, Knot noted adding that most of impact of ECB&#8217;s monetary tightening is still in the pipeline. &#8220;Next two ECB hikes should be 25 bps each&#8221;, he added.<br><br>These comments failed to help the Euro gather strength against its rivals. As of writing, EUR\/USD was down 0.35% on a daily basis at 1.0712.<br><br>Additional Quotes<br><br>&#8220;I am totally open-minded on what happens with rates after the summer.&#8221;<br><br>&#8220;Market pricing of rate cuts is overly optimistic.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ECB policymaker Klaas Knot said that the ECB needs to raise the policy rate at least two more times. Knot further argued that rates should stay put for a significant period of time following these increases.&#8220;Headline inflation peak behind us but not sure if at peak of underlying inflation&#8221;, Knot noted adding that most of &hellip;<\/p>\n","protected":false},"author":13,"featured_media":59567,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6923,8143,8414],"class_list":["post-84496","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-ecb","tag-interest-rate-hikes","tag-klass-knot"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=84496"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84496\/revisions"}],"predecessor-version":[{"id":84511,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84496\/revisions\/84511"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/59567"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=84496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=84496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=84496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}