Deep Tide TechFlow reports that on October 23, according to Jin Ten Data, conversations with six insiders this week show that European Central Bank policymakers have begun discussing whether interest rates need to be lowered to a level sufficient to stimulate the economy, ending years of economic restrictions. The European Central Bank has been rapidly cutting rates this year, but policymakers have thus far stated that the goal is to achieve a neutral policy, meaning the central bank neither slows down nor stimulates growth, hoping this move can maintain stable inflation.

Insiders reveal that reaching any consensus will still take a long time, but this marks a significant shift in decision-making discussions that could ultimately lead the central bank to cut interest rates earlier and more aggressively than currently expected. Some decision-makers believe that the European Central Bank has fallen behind the curve and needs to cut rates more substantially than previously anticipated to prevent inflation from being too low. They have also called for the European Central Bank to reassess its policy guidelines of 'gradual meetings' and to no longer mention restrictive rates, indicating that the European Central Bank is taking downside risks seriously.