美国传出2个噩耗,失业人数创5年新高,还拿什么筹码与中国抗衡
Sou Hu Cai Jing·2025-12-15 15:49

Group 1 - The Federal Reserve's recent decision to cut interest rates by 25 basis points and increase monthly purchases of government bonds by $40 billion indicates a response to rising unemployment and economic concerns [1][3][5] - The stock market initially reacted positively to the rate cut, suggesting a psychological effect where bad news was already priced in, leading to a belief that the worst may be over [5][7] - Gold prices surged past $4,300 per ounce, reflecting market skepticism about the stability of the dollar and concerns over inflation [8][10] Group 2 - The U.S. economy is facing significant challenges, including a high number of bankruptcies among small and large businesses, with 2,221 small businesses and a notable retail giant filing for bankruptcy this year [14][15][17] - The labor market appears robust in terms of unemployment rates, but the quality of jobs is poor, with many workers in low-skill positions experiencing wage growth that lags behind inflation [19][20] - The U.S. economy's over-reliance on the stock market, with market capitalization exceeding GDP by two times, raises concerns about the effectiveness of monetary policy in reaching the real economy [22][29] Group 3 - In contrast, China's central bank did not follow the Fed's lead but instead lowered the reserve requirement ratio, injecting 1.2 trillion yuan into the economy and providing targeted low-interest loans to technology and green industries [24][25] - The Chinese economy is focusing on industrial upgrades and stability, with a notable increase in the use of the yuan for international transactions, indicating a growing confidence in its economic management [27][29] - The differing approaches of the U.S. and China highlight a potential shift in global economic dynamics, with China emphasizing real economic growth over monetary expansion [31][33][35]