According to the Zhitong Finance APP, Yannis Stournaras, a member of the European Central Bank's Governing Council, stated that lowering borrowing costs should be "gradual."

The Greek central bank governor stated in an interview: "Given the increased uncertainty, our actions should be gradual, the pace should remain stable, and continue to be based on existing data. Of course, if the upcoming data shows that medium-term inflation is below target, the possibility of significant rate cuts should not be ruled out."

Currently, the European Central Bank has cut interest rates by 25 basis points four times and is expected to continue cutting rates next year. Like Stournaras, most policymakers have expressed a preference for gradual rate cuts—this term is typically interpreted by the market as a 25 basis point cut each step.

"Looking ahead, the medium-term inflation trends indicate that there is still considerable room for further easing of monetary policy," said the more dovish committee member, "However, what worries me is growth."

The Eurozone economy, composed of 20 member states, is expected to grow only 0.7% this year, and the European Central Bank predicts that output will only grow by 1.1% in 2025.

Stournaras stated: "The Eurozone economy seems to struggle to regain momentum. Geopolitical risks remain high, and due to recent developments in the USA and Other places, international trade pressures will escalate, which may further undermine global economic growth and negatively affect the already very modest growth rate of the Eurozone economy. In turn, this development may cause Eurozone inflation to fall below target."