ECB rate cut uncertain amid economic uncertainty, says DNB president

A further interest rate cut by the European Central Bank (ECB) remains highly uncertain due to the looming threat of a trade war and the need to increase defense spending. These factors make it difficult to predict inflation trends in the eurozone, Klaas Knot, president of De Nederlandsche Bank (DNB), said during the presentation of the DNB’s annual report. Knot, who is also a policymaker at the ECB, stated that he remains "fully open-minded" regarding the upcoming interest rate meeting in April.