美国经济：PMI显示经济放缓但仍有韧性

Economic Indicators - The ISM Services PMI decreased from 54.1 in December to 52.8 in January, indicating a slowdown in service sector growth but remaining in expansion territory[2] - The Manufacturing PMI rose from 49.3 in December to 50.9 in January, marking the first expansion in nearly 10 months, with a corresponding GDP growth rate of approximately 2.4%[2] Employment and Inflation - The employment index in the services sector increased from 51.4 to 52.3, suggesting strong non-farm payrolls for the month[2] - The prices index for services fell from 64.4 to 60.4, indicating a continued trend of slowing inflation in the service sector[2] Market Reactions and Future Outlook - PMI data alleviated some investor concerns regarding inflation rebound, with U.S. Treasury Secretary reiterating a commitment to lower inflation without interfering with Federal Reserve decisions[1] - Due to uncertainties surrounding Trump's policies, the Federal Reserve is expected to pause interest rate cuts in March and May, with potential cuts of 25 basis points in June and September[1][2]