ECB's Knot: Impact of economic slowdown not enough to change outlook

Dutch central bank governor and ECB member Klaas Knot, speaking to CNBC this Wednesday, said that the impact of economic slowdown is not enough to change outlook at this point but there are downside risks on the horizon. 

Additional quotes:

   •  The resilience of Euro-area is much higher. 
   •  Quite pertinent that Italy complies with fiscal rules.
   •  We are not seeing contagion that much from Italy.

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European Monetary Union Industrial Production s.a. (MoM) above forecasts (-0.4%) in September: Actual (-0.3%)

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