Sources: ECB begins discussing whether interest rates need to be lowered below neutral, or cuts earlier and more sharply than expected
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Odaily Odaily reported that sources revealed that ECB policymakers have begun discussing whether interest rates need to be lowered below the neutral level in the current easing cycle. It will take a long time for the ECB to reach any consensus, but this marks a major shift in decision-making discussions, which may eventually lead the central bank to cut interest rates earlier and more significantly than currently expected. (Jinshi)
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