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Lead story Forex Knot Warns ECB Must Stay Hawkish to Combat Inflation Klaas Knot, a frontrunner to succeed Christine Lagarde as ECB president, stated that the ECB must maintain a hawkish policy stance due to persistent inflation risks. He noted that core inflation, driven by second-round effects, will likely increase and pose challenges. Knot warned of small inflation shocks that will require a firm monetary policy response. His comments reflect the ECB's cautious approach to managing inflation amid evolving economic conditions. Sentiment -2 Clout 100 Speculation 6 EUR

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