Golden Finance reported that European Central Bank Governing Council member Nagel said on Wednesday that the European Central Bank may cut interest rates again next week, but the easing policy should remain gradual and cautious. "Given that the pullback in inflation is proceeding essentially as currently expected, at this stage I would not object if we continued to lower the policy rate," Nagel said on Wednesday. "But I will reserve final judgment and will review it after 12 months." "