Jin10 data reported on October 17th that European Central Bank Governing Council member Scicluna stated that the European Central Bank should not hastily take further interest rate actions, as the impact of the United States raising trade tariffs on prices remains unclear. The Governor of the Central Bank of Malta said, "It is still uncertain whether raising trade tariffs will lead to inflation or deflation. We should not jump to conclusions, as this is crucial." Scicluna expects no change in interest rates at the end of this month but anticipates a "more intense" debate in December, when more data will be released, including new employee forecasts. He stated, "In my view, there needs to be compelling reasons to support a further rate cut. Those who want to cut rates further have the responsibility to convince the rest of us."