Weekend comments from ECB's Knot also on monetary policy

Head of the Dutch central bank Governor Klaas Knot spoke on the economy over the weekend:

• Weekend comments from ECB's Knot - expects euro zone economy to improve in H2 2019

He also had remarks on future policy direction (as he sees it) at the European Central Bank:

• ECB would need a clear monetary-policy reason to consider acting to mitigate the effects of negative interest rates on banks
• "There must at least be some evidence that negative rates are disrupting the impact of monetary policy through their effect on bank profitability"
• "I must also be convinced that tiering is the best way to solve that"

Via Bloomberg, for more.

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Background to this is that the ECB is examining the issue of "tiering" (i.e some of banks' excess reserves are exempt from the lowest rate)