Odaily Planet Daily News: Bank of America economists said in a report that the Federal Reserve is likely to keep interest rates unchanged next week, while predicting two rate cuts this year starting in September. The bank said: "Upcoming data should convince the Fed that the economy is cooling, but it needs more evidence of slowing inflation before it can cut rates." This forecast coincides with market pricing based on CME data. Meanwhile, the European Central Bank cut interest rates as expected today, but some analysts sensed a tough tone in the central bank's communication, indicating that there may be no further rate cuts in the future. (Jinshi)