Institution: The slight increase in Germany's CPI above expectations will not change the European Central Bank's plan to cut interest rates in June.

Jin10 data reported on April 30, Finance website Forexlive: Germany's April CPI month-on-month rate was slightly higher than expected, but it will not change the European Central Bank's plan to cut interest rates in June. However, core inflation has shown a significant rise. We will observe the developments in the coming months, but trade negotiations remain the focus of the market. In the long run, if progress is made in the trade war, we may see a strong and sudden rebound in demand, which will drive economic activity and prices to rise. This is worth being cautious about, as it may trigger a re-pricing of stronger interest rate expectations.