International spillovers and the ECB’s monetary policy
(c) @Marieke Bijster/DNB
Date: 27 March 2021
Speaker: Klaas Knot
On Saturday, 27 March 2021, Klaas Knot joined a panel of the CF40, Euro50 Group and PIIE conference on “The Dollar, the Euro and the Renminbi in the new geopolitical environment”.
In his opening remarks, Klaas referred to the international setting within which monetary policy inevitably has to be assessed. He discussed how US bond markets have responded to President Biden’s stimulus policy, the spillover effects to the euro area in terms of interest rate movements, and the subsequent policy decision at the latest ECB meeting.