The European Central Bank (ECB) is poised to lower interest rates further in the next year, according to ECB policymaker Francois Villeroy de Galhau.
In a statement made on Friday, Villeroy expressed comfort with the current market expectations for future rates. His remarks come after the ECB’s decision on Thursday to reduce interest rates for the fourth time this year, amid ongoing economic challenges within the euro zone.
The central bank also indicated that it remains open to additional easing measures if necessary, as the region faces domestic political instability and the potential impact of a new trade conflict with the United States.
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