Falling French inflation boosts hopes of an end to eurozone rate rises
法国通胀率下降，欧元区有望不久结束加息
German bonds rally and euro falls against dollar as investors see ‘clear signs of disinflation’ in Europe
法国5月通胀率降至6%，西班牙以及德国部分地区的价格压力也有所缓解，但迹象表明欧元区其他成员国面对顽固通胀压力。
Annual inflation in France fell to 6 per cent, its lowest level for a year, boosting hopes that a swift easing of eurozone price pressures will allow monetary policymakers to stop raising interest rates soon.
法国的年度通胀率降至6%，为一年来最低水平，这提振了人们的这样一个希望，即欧元区价格压力迅速缓解，将让货币政策制定者能够在不久后就停止加息。
Coupled with falling German regional inflation and Spanish price growth also dropping more than forecast to almost a two-year low, the decline in French inflation in May lifted economists’ expectations that the European Central Bank may stop increasing rates by July.
法国5月通胀率下降，加上德国部分地区通胀率下降，西班牙价格涨速也跌至近两年低点，而且降幅超出预期，这一切都强化了经济学家对欧洲央行(ECB)可能在7月停止加息的预期。
Investors responded by scaling back their bets on how much higher the ECB will raise rates. Germany’s rate-sensitive two-year bonds rallied, while the euro fell 0.6 per cent against the dollar to $1.0675, its lowest level for more than two months.
作为回应，投资者缩减了其对欧洲央行加息幅度的押注。对利率敏感的德国两年期债券上涨，而欧元对美元汇率下跌0.6%，至1欧元兑1.0675美元，为两个多月以来最低水平。
