ECB's Knot: unclear whether rates should rise by 25 or 50 basis points in May

AMSTERDAM, April 7 (Reuters) - ECB governing council member Klaas Knot said it was unclear to him if a rates rise of 50 basis points was necessary in May, or if a scale back to a lower 25 basis points was a possibility. "We shall have to decide that during the ECB May meeting (...) a lot of more economic data will be out by then," Knot, who is also the Dutch central bank chief, told the NRC newspaper in a interview. (Reporting by Bart Meijer; Editing by Sudip Kar-Gupta)

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off-the-wire

ECB&apos;s Knot: unclear whether rates should rise by 25 or 50 basis points in May

By Reuters

Reuters

Reuters

ECB's Knot: unclear whether rates should rise by 25 or 50 basis points in May