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ECB's Knot: QE should be phased out after September

Below are some key comments from the Dutch central bank governor Klaas Knot's Reuters interview on the European Central Bank policy.

   •  Unwinding extraordinary stimulus could take a decade
   •  Greater risk of acting too slow rather than too quick in normalizing policy
   •  Comfortable with market expectations for ending QE in Q4 and rate hike Q2 2019
   •  Market expectations and ECB view are converging
   •  Relatively close to sustained adjustment in path of inflation
   •  Recent euro appreciation not a big concern

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