ECB’s Knot: Good chance inflation remains above 2% after 2022

The European Central Bank (ECB)  policymaker Klaas Knot said in an interview published on Thursday, inflation in the eurozone could very stay above the central bank's 2% target for the coming years.

"I have a different view, I think the chance we remain stuck above 2% is just as big. Not far above 2%, but still,” Knot said.

The ECB this month projected inflation in the monetary union to fall to 1.8% after 2022, although Knot said that “the outlook could prove to be too rosy.”