ECB Governing Council Member: It is expected that the ECB's interest rates will be lowered to 2% by this autumn

ChainCatcher news, according to the minutes released by the Greek central bank on Thursday, European Central Bank Governing Council member and Greek central bank governor Stournaras told Greek Skai Radio: "The ECB's benchmark interest rate should be lowered to around 2% by the fall of 2025." He stated that this forecast would still be affected by "unforeseen circumstances" and mentioned risk factors in Europe and the United States. Economists and investors believe that as inflation stabilizes at the 2% target, the ECB will cut rates at every meeting before mid-2025, as the region's economy continues to struggle. (Jin Shi)