Frederik Ducrozet: Klaas Knot outlines willingness to design new ECB tool if needed

Frederik Ducrozet: Klaas Knot outlines willingness to design new ECB tool if needed
Knot open to new ECB measures

Klaas Knot said he would pursue a strategy of "principled pragmatism" if he were to become president of the European Central Bank, stating that the ECB would not hesitate to intervene should circumstances require. Frederik Ducrozet reported Knot's comments, including his openness to designing another more tailored tool if necessary.

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