ECB Governing Council member Rehn said that if data and forecasts support it, interest rates can be cut in December. The downward trend in interest rates is obvious, and the speed of adjustment depends on the data. If the latest statistics and forecasts support current views on inflation and growth, the ECB should continue to lower interest rates. Inflation is expected to reach the ECB's target in 2025, and the Eurozone economy will slowly grow and gradually recover.

ECB Governing Council member Rehn said that if data and forecasts support it, interest rates can be cut in December. The downward trend in interest rates is obvious, and the speed of adjustment depends on the data. If the latest statistics and forecasts support current views on inflation and growth, the ECB should continue to lower interest rates. Inflation is expected to reach the ECB's target in 2025, and the Eurozone economy will slowly grow and gradually recover.