美国8月密歇根大学消费者信心指数终值调降

Core Insights - The University of Michigan's consumer confidence index for August was revised down from 58.6 to 58.2, indicating a continuous decline that suggests a contraction in consumer spending, a critical pillar of the U.S. economy [2] - The Chicago PMI for August also fell from 47.1 to 41.5, reinforcing the downward trend in the U.S. economy [2] - Recent inflation data, including the PCE price index, shows significant stickiness in inflation, raising concerns about a potential rebound in inflation rates [2] Economic Outlook - There is a prevailing market expectation that the Federal Reserve will cut interest rates again in September; however, due to Chairman Powell's cautious stance, substantial and rapid rate cuts are unlikely, with only a few minor cuts expected to have minimal impact on the economy [2] - The uncertainty stemming from President Trump's tariff policies continues to pose risks to the U.S. economy, with the possibility of "black swan" events not being ruled out [2]