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Another European Central Bank member says a jumbo cut is on the table

Mārtiņš Kazāks, governor of the Bank of Latvia and a member of the European Central Bank's Governing Council, on Thursday weighed in on the possibility of a jumbo half-point interest rate cut for December.

When asked for his views on a 50-basis rate cut by the ECB at its next meeting, he said that "everything should be on the table."

"But we will have that discussion in December," he told CNBC's Karen Tso at the IMF's annual meetings in Washington, D.C. Thursday.

"We will have the discussion then early next year, and from meeting to meeting, as I said, with us approaching the [inflation] 2% target," the central banker — who is not usually known for his dovish views — added.

His comments come after the ECB delivered a back-to-back interest rate cut for the first time in 13 years at its October meeting. It also comes a day after Portuguese central bank chief Mario Centeno made similar comments.

"The truth is that the print of inflation in September was very low, way lower than what we were expecting," Centeno, who is known as a dovish member of the ECB Governing Council, told CNBC Wednesday. Doves tend to prefer low interest rates in an effort to boost economic growth, whereas hawks are more concerned about inflation and its effects on society.

"We need to take that into our story," Centeno said about the recent inflation reading. "After that, we need to look at the incoming data, the trend in the data that we have been observing and certainly 50 basis points can be on the table because we continue to be data dependent and the data we are getting points in that direction."

The ECB's move earlier this month, which marked the central bank's third quarter-point cut this year, had been fully priced in by markets after decision-makers

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