欧元区通胀持续降温 欧洲央行降息路径更明确

Group 1 - The euro is trading at approximately 1.1379 against the US dollar, showing a slight increase of 0.06% from the previous close of 1.1372 [1] - Spain's inflation rate decreased from 2.2% in April to 1.9% in May, while France's inflation rate fell from 0.9% to 0.6%, indicating a slowdown in price increases [1] - Economists expect the eurozone's inflation rate in May to be close to or below the European Central Bank's (ECB) target of 2%, reinforcing expectations for a rate cut next week [2] Group 2 - The decline in Spain's inflation is attributed to lower prices in leisure activities and a decrease in electricity prices, with core inflation also showing a slight decline [2] - The market anticipates a 0.25 percentage point rate cut by the ECB to 2.0%, marking the eighth rate cut since June 2024 [2] - The ECB is expected to adjust its inflation forecasts downward, as previous predictions did not account for the impact of US tariffs [2] Group 3 - Rising US tariffs may weaken eurozone inflation due to reduced demand for European goods, while cheaper Chinese goods may shift towards Europe [2] - The appreciation of the euro and declining energy prices, driven by slower global economic growth, are contributing to the easing of inflationary pressures [2] - The eurozone's economic growth has been partially supported by US companies stockpiling EU goods in response to tariffs, although overall inflationary pressures have eased [2] Group 4 - Despite a continued pullback in the euro against the dollar, the outlook remains bullish, with the Relative Strength Index (RSI) indicating bullish signals, although signs of weakening momentum are emerging [2]