Member of the European Central Bank's governing council, Francois Villeroy de Galhau, stated that potential trade tariffs during Donald Trump's second presidential term will not disrupt the European Central Bank's plans for easing policy. The French central bank governor said at a conference in Tokyo on Thursday that the tariffs the USA may impose are expected to not significantly alter Europe's inflation outlook, and the risks of rising prices and economic growth are 'shifting towards a weaker direction.' 'Based on this assessment, our council decided on October 17 to lower the deposit facility rate by 25 basis points to 3.25%, marking the third rate cut, but it won't be the last one,' he said.