Macro strategy Daily: Lanzhou relaxed the property market policy and the inflation in the euro zone reached a new high

Lanzhou has recently made it clear to lower the threshold for individual house purchase, increase the amount of provident fund loans, relax regional purchase restrictions and relax sales restrictions. Under the tone of urban implementation, it is expected that areas with downward pressure on the property market will continue to relax policies and finally stabilize the property market. In March, the CPI of the eurozone rose by 7.5% year-on-year and 2.5% month on month. Inflation reached a new high, mainly due to the rise of energy prices. The recent uncertainty of overseas geopolitics may have a certain impact on the food supply in Europe. Some residents choose to hoard goods because they are worried about food supply, which further exacerbates the contradiction between supply and demand. Inflation in the eurozone is expected to reach a new high in the coming months.