ECB’s Knot – monetary policy is reaching its limit

European Central Bank (ECB) member and Dutch central bank head Klaas Knot said today that the monetary policy is reaching its limit and further QE expansion increases the risk of side (unwanted) effects.

Key quotes

It may take longer to get back to the ECB's inflation target than the 18-24 months taken into consideration

Technically it's always possible to do more but you have to weigh the added value with the side effects, I have my doubts about that