Economics
Euro-Area Inflation May Justify End to ECB Crisis Mode, Says Knot
- PEPP expiration in March 2022 should be reckoned with
- September decision should slow purchase pace, he says
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The euro zone’s inflation outlook may have improved markedly enough to justify an immediate slowdown in European Central Bank stimulus, an end to its pandemic emergency bond program in March, and then a return to pre-crisis discipline, according to policy maker Klaas Knot.