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Panetta Says ECB Rates Must Move to Neutral Level to Aid Growth

By Yahoo! Finance   |   Nov 19, 2024 at 05:57 AM EST
Panetta Says ECB Rates Must Move to Neutral Level to Aid Growth

Fabio Panetta, a member of the ECB Governing Council, advocates for further interest rate cuts to boost economic growth. He believes that the ECB should move towards a neutral or even expansionary policy stance to stimulate the economy.

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