ECB reportedly starting to debate whether rates need to go below neutral in latest cycle ...Middle East

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The report says that ECB policymakers have already begun debating at what level do interest rates need to go in order to start stimulating the economy. The sources did say that any consensus is still a long way off though but it marks a significant turning point in the latest cycle, which could see the ECB cut rates sooner and by more than expected.The change in thinking comes as the economic outlook is struggling and inflation continuing to hold lower than earlier predictions.One source said that "I think neutral is not enough", suggesting that the ECB may look to lower rates by much more in the months ahead. The only key piece of uncertainty though I would say, is that there is no set idea

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