Speech Klaas Knot - “The ECB’s strategy review against the background of the Covid-19 crisis”
Date 15 October 2020 Time 16:00 pm Location Online Speaker Klaas Knot
‘It is fiscal policy that has to be in the lead in mitigating the macro-economic consequences of this prolonged public health emergency. Efforts that monetary policy can support by keeping financing costs low for all borrowers.’ This was one of the messages governor Knot delivered at the Euro50 Group Videoconference. Knot spoke about the impact that COVID-19 will have on the ongoing ECB’s monetary strategy review.