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The European Central Bank shouldn’t hurry to lower borrowing costs and go below the so-called neutral rate to stimulate the economy, according to Executive Board member Isabel Schnabel.

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The European Central Bank shouldn’t hurry to lower borrowing costs and go below the so-called neutral rate to stimulate the economy, according to Executive Board member Isabel Schnabel.

Isabel Schnabel of the European Central Bank has noted that euro-zone growth excluding Germany has been “remarkably resilient” since 2021 and faster than that of many other big economies.