ECB Official Villeroy Signals Potential for Further Rate Cuts Amid Eurozone Economic Concerns

According to European Central Bank (ECB) official Francois Villeroy de Galhau, the ECB is preparing to further lower interest rates next year. Villeroy stated on Friday that he is satisfied with the current market expectations for future interest rates. These remarks came after the ECB's decision on Thursday to cut interest rates for the fourth time this year in response to ongoing economic challenges in the Eurozone. The central bank also indicated its openness to additional easing measures if necessary, particularly during a period when the region faces potential impacts from internal political instability and a possible new trade dispute with the United States.