Francois Villeroy de Galhau, a member of the European Central Bank, believes that the central bank should continue to lower interest rates, as inflation in the eurozone may reach 2% in the first half of 2025. "We have some good news, inflation has slowed down and is moving toward our target," he said in Dijon on Friday. "Thus, we may be able to continue lowering rates." Earlier data released on Friday showed that the consumer price index in the eurozone increased by 2.3% year-on-year in November, and this French central bank governor stated, "Within our predictions—aside from monthly fluctuations—we are confident of reaching our target next year, likely in the first half of next year." The market generally expects the European Central Bank to lower rates for the fourth time in next month’s meeting. Due to geopolitical uncertainties casting a shadow over the outlook, the subsequent path remains unclear. "Some of you say, 'We should speed up,' while others say, 'No, we need to be cautious,'" Villeroy said. "I am one of those who believe we must continue to lower interest rates, and we will see the specific pace of rate cuts in the coming months."