ECB's Knot: Rate hike in Q4 is still a realistic expectation, but by no means certain

European Central Bank Governing Council Member and Dutch central bank head Klass Knot said on Thursday that a rate hike in Q4 this year is still a realistic expectation, but is by no means a certainty, reported Reuters. Knot added that two rate hikes this year can't be excluded but that would require a further upward revision of inflation expectations.