策略师：全球秩序重塑 未来数年通胀与利率齐升，美元走弱

Core Viewpoint - The global order is shifting from a US-led system to a more fragmented world, leading to sustained inflationary pressures, higher interest rates, a weaker dollar, record-high gold prices, and increased demand for safe-haven assets in the coming years [1] Inflation and Interest Rates - The chief macro strategist at Singapore's OCBC Bank, Mansoor Mohi-uddin, indicates that inflation will remain elevated for the next five to ten years due to the changing global dynamics [1] - The US core inflation rate has been above the Federal Reserve's 2% target for five consecutive years since the pandemic began [1] Currency and Asset Trends - A weaker dollar is anticipated as part of the global economic transition [1] - There is an expectation for gold prices to reach new highs, reflecting the increased demand for safe-haven assets [1] Government Policies Impact - Increased defense spending and tariff policies under the Trump administration are likely to contribute to sustained inflation above the Federal Reserve's target for the remainder of the decade [1]