According to data from Jinshi, Rothschild Wealth Management expects the European Central Bank to cut interest rates in September, reducing the deposit rate from 2.00% to 1.75%. Bastian Freitag, the head of fixed income in Germany, stated that if economic growth remains weak and low inflation persists, the central bank may further cut rates to 1.50% in September and December. He pointed out that escalating trade conflicts with the United States or declining inflation could lead to this scenario. It is expected that the European Central Bank will keep interest rates unchanged on Thursday.