Investment bank: The European Central Bank is expected to confirm further interest rate cuts in March, thus boosting the bond market.

On January 30, Jin Shi Data reported that David Zahn, head of the fixed income department at Franklin Templeton, said that the staff's predictions on economic rise and inflation at the European Central Bank's March meeting will be key to determining the extent of possible interest rate cuts before 2025. Franklin Templeton predicts that by the end of 2025, the European Central Bank's deposit interest rate will be lowered to 1.5% (the current interest rate level is 2.75%). A looser European Central Bank should boost European bonds, especially the short-term bond market.

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