(FILES) Governor of the Bank of France Francois Villeroy de Galhau attends a session during the annual meeting of the World Economic Forum (WEF) in Davos on January 16, 2024. The governor of the Bank of France said on October 9, 2024 that a new rate cut by the ECB next week was "very likely", adding that it would "not be the last". (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)