[ECB Governing Council Member Villeroy supports an interest rate cut in September, calling it a reasonable and wise move] Golden Finance reports that ECB Governing Council Member Villeroy supports an interest rate cut next month after data showed a significant increase in inflation in August. slow. He said the ECB should foresee future progress in curbing inflation. He predicts that French inflation will continue to remain at the 2% target level by the first half of 2025, and that the euro zone inflation rate will continue to maintain the 2% target level by the second half of next year. "In my view, our meeting on September 12 should lead to action," Villeroy said. "The decision to cut rates again would be reasonable and sensible." This is one of the clearest commitments about a rate cut at the next meeting. . Some other officials have signaled a rate cut is increasingly likely. Previously, data released by Eurostat showed that consumer prices rose by 2.2% year-on-year in August, significantly lower than the 2.6% increase in July.