Economics

ECB’s Knot Says Policy Rate Can Start Rising in Early 2023

Klaas Knot
Photographer: Alessia Pierdomenico/Bloomberg

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By Cagan Koc and Fred Pals

December 30, 2021 at 9:08 AM UTC

Updated on

December 30, 2021 at 4:19 PM UTC

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The European Central Bank will be ready for an interest rate hike in early 2023 after ending the remaining bond purchases by the end of next year, Governing Council member Klaas Knot said.