Lower inflation expectations in 2027 may increase pressure on the euro

According to Jinshi data, institutional analysts pointed out that the overall inflation rate is expected to drop to 1.9% in 2027 and the core inflation rate drops to 1.8%. This change may increase pressure on the euro and continue to trigger speculation on interest rate cuts. The euro's decline expanded to 0.3%, German government bonds wiped out the moderate decline, and the money market expects to turn slightly milder by the end of the year, with an expected easing of about 7 basis points.