ECB policymakers expect the interest rate to be lowered to 2% by the fall

Odaily Odaily News: According to the transcript released by the Bank of Greece on Thursday, ECB Governing Council member and Bank of Greece Governor Stournaras told Greece's Skai Radio: "The ECB's base rate should fall to around 2% around the autumn of 2025." He said that this forecast is still subject to "unforeseen circumstances" and mentioned risk factors in Europe and the United States. Economists and investors believe that with inflation stabilizing at the 2% target and the ECB cutting interest rates at every meeting until mid-2025, the region's economy is struggling.