欧央行官员释放降息信号：视经济增长与通胀而定 金十数据7月11日讯，欧洲央行执委帕内塔表示，如果经济扩张不及预期，并过度拖累通胀，欧洲央行 应进一步降息。他同时强调，决策者将在政策制定上保持灵活和务实的态度，根据最新信息及其对通胀 前景的影响，逐次会议做出判断。市场目前普遍预期欧洲央行将暂时停止降息步伐。原因之一是欧美贸 易关系仍不明朗，而俄乌和中东冲突也加剧了经济前景的不确定性。尽管如此，投资者仍押注年底前欧 洲央行还将再降息一次。帕内塔重申了央行此前的说法："我们目前处于一个可以谨慎权衡下一步行动 的位置。" ...

Core Viewpoint - The European Central Bank (ECB) is becoming more flexible in its approach to monetary policy [1] Group 1 - ECB Executive Board member Schnabel indicated that the central bank is adapting its strategies to respond to changing economic conditions [1] - The shift towards flexibility may involve adjustments in interest rates and other monetary tools to better address inflation and economic growth [1] - This change reflects a broader trend among central banks to be more responsive to real-time economic data and market dynamics [1]

Core Viewpoint - The European Central Bank (ECB) is in a favorable position due to mid-term inflation expectations reaching target levels and a more balanced economic growth outlook, making the threshold for further interest rate cuts very high [1] Group 1 - ECB Executive Board member Schnabel indicated that the current economic conditions do not warrant further rate cuts [1] - The ECB plans to gradually reduce its monetary policy bond investment portfolio to zero [1]

欧洲央行执委施纳贝尔称，欧洲央行进一步降息的门槛非常高。 ...

今日Ultima Markets为您带来了 2025年7月10日的欧元/美元深入分析。 特朗普总统在6月底促成的中东停火短暂支持了风险敏感资产，提升了市场情绪。然而，随着贸易担忧 的重新出现，这一顺风逐渐消退。 白宫周一宣布对日本和韩国商品征收25%的关税以及对铜进口征收50%的关税，尽管将下一个关税截止 日期推迟到8月1日，但重新点燃了更广泛贸易冲突的担忧，并增强了美元。 投资者对潜在的美欧贸易协议保持谨慎。尽管双方都强调达成协议的必要性，但并没有取得显著进展。 政策分歧暂时搁置 美联储（Fed）在6月将利率维持在4.25%-4.50%，上调了通胀和就业预测，并暗示年底前可能降息约50 个基点。 · 欧元/美元增加了持续的看跌基调，遇到1.1680附近的阻力。 · 美元在贸易前景日益活跃的情况下保持韧性。 · FOMC会议纪要显示本月降息缺乏信心。 周三，欧元（EUR）对美元（USD）小幅回落，欧元/美元在1.1700区域表现不稳定。在跌至1.1690- 1.1680区间的两周低点后，该货币对恢复了动能，并在当天晚些时候重新回到1.1700水平。 地缘政治和贸易不安使投资者保持谨慎 初步阻力位于2025年高 ...

【环球网财经综合报道】欧洲央行管理委员会成员、德国央行行长约阿希姆·纳格尔（Joachim Nagel）发出明确信号，鉴于当前经济不确定性显著上升，欧 洲央行必须保留所有政策选项，既不预先承诺也不排除再次降息的可能性。这一表态引发了市场对欧元区未来货币政策走向的广泛关注。 7月9日，纳格尔在相关经济论坛上指出："目前，我们处于一个良好的位置，可以对进一步的事态发展做出反应。然而，承诺某种利率路径，设想进一步的 举措，甚至排除这种可能性，都是不明智的。"作为欧洲央行管理委员会中较为鹰派的成员之一，纳格尔的言论凸显了政策制定者面对复杂经济形势时的谨 慎态度。 纳格尔还重申，2026年通胀率低于目标水平主要归因于基数效应，而非经济基本面出现问题。他强调："目前，我们的通胀率约为2%，更令人鼓舞的是，我 们的专家预计，从中期来看，通胀将大致保持在这个最佳水平。" 值得注意的是，尽管通胀率已维持在2%的目标水平附近，且经济表现出了较强的韧性，但多位政策制定者对通胀率长期低于目标的风险表示担忧。欧洲央 行副行长德金多斯上周也指出，如果欧元兑美元汇率升值至1.20美元以上，情况将"变得更加复杂"。欧洲央行最新预测显示，未来 ...

欧洲央行管委Nagel：欧洲央行既不应计划也不应排除进一步降息。 ...

Core Viewpoint - The European Central Bank (ECB) should not rush into further interest rate hikes, according to ECB Governing Council member Vujcic [1] Group 1 - Vujcic emphasizes the importance of careful consideration before making additional rate increases [1] - The current economic conditions may not warrant immediate action regarding interest rates [1] - A measured approach is suggested to ensure stability in the financial system [1]

欧洲央行管委森特诺：进一步降息的幅度和时机很难说。 ...

Group 1 - The European Central Bank (ECB) faces challenges in achieving its inflation target due to a significant appreciation of the euro, which has risen approximately 14% since January [1][4] - ECB's Francois Villeroy de Galhau indicated that a sustained 10% rise in the euro could lower inflation by 0.2 percentage points annually over the next three years, increasing the risk of not meeting the inflation target [1] - ECB Vice President Luis de Guindos noted that a rise in the euro to above 1.20 USD could complicate matters, highlighting concerns about the negative impact of currency appreciation on exporters [4] Group 2 - Villeroy emphasized that the ECB will not adjust its policies to target specific exchange rates, acknowledging the significant impact of euro appreciation on inflation [4] - The ECB is expected to maintain a flexible approach, with Villeroy suggesting that further easing of monetary policy may be necessary in the next six months [4][6] - Current inflation in France has been below 2% since August of the previous year, dropping to 0.7% in May, which is the lowest level in over four years [6]