Jiahuang Bank: It is expected that the European Central Bank will cut interest rates twice more this year.

Jin10 data reported on April 22, the Royal Bank of Canada Capital Markets updated its forecast for the European Central Bank's interest rate cuts. Analysts stated that the European Central Bank is expected to implement two more rate cuts, bringing the final deposit rate down to 1.75%. The Royal Bank of Canada anticipates that the next two cuts of 25 basis points will occur in June and September, respectively. According to data from the London Stock Exchange Group, the expectations in the money market are more aggressive, with market pricing reflecting an expectation of approximately 2.5 rate cuts.