According to the news from the currency network, on November 18, Mitsubishi UFJ said that the ECB may cut interest rates slower than the market expects, and the market's expectations for interest rate cuts are somewhat "overly high". The agency said that the ECB has been slow to respond to the slowdown in economic growth, and pointed out that when the ECB raised interest rates from 2022 to 2023, it did not pay much attention to weak economic growth. Mitsubishi UFJ believes that if inflation rises, the same situation may occur in 2025 (citing Trump's trade policy and the EU's retaliation). In addition, Mitsubishi UFJ said that the decline of the euro since the US election has been a bit excessive, and it is expected that there will be an improvement in the future.