[ECB Governing Council member Knot believes that interest rate cuts will continue until the first half of 2025] Golden Finance reported that Klaas Knot, a member of the ECB Governing Council and president of the Dutch Central Bank, said on Tuesday that the ECB may continue to cut interest rates until at least the first half of 2025, reducing interest rates to 2%-3%. Knot said: "I expect that we will continue to gradually reduce interest rates for some time to come, including in the first half of 2025." He added: "I don't expect interest rates to return to the extremely low levels before the COVID-19 pandemic. They may eventually reach a more natural level. I don't know exactly what it is, but it may be 2 at the top."