ECB board candidates back bond buys and negative rates
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FRANKFURT (Reuters) - The two European Central Bank board nominees up for confirmation next month struck a dovish tone on Friday, arguing that weak growth and subdued inflation prospects justify stimulus.German economist Isabel Schnabel and Italy's Fabio Panetta, who are expected to join the ECB's board in early January, argued that the economy depended on the bank's help and negative interest rates, often criticised by banks, have benefited the economy. The ECB approved fresh stimulus in early..