According to the minutes released by the Greek central bank on Thursday, European Central Bank board member and Governor of the Greek Central Bank Stournaras told Greek Skai Radio: "The European Central Bank's benchmark interest rate should be lowered to around 2% by the fall of 2025." He stated that this prediction will still be influenced by "unforeseen circumstances" and mentioned risk factors from Europe and the United States. Economists and investors believe that with inflation stabilizing at the 2% target, the European Central Bank will cut rates at each of its meetings before the middle of 2025, as the region's economy is struggling.