美联储戴利：劳动力市场正在降温，经济增长趋于温和，但数据尚未出现实质性疲软。 ...

美联储戴利：经济状况良好，增长和就业稳健，通胀压力正在缓解。 ...

上半年，中国经济运行总体平稳，彰显韧性。货币政策、财政政策协同发力、相互配合，强化政策工具 逆周期调节功能，共同支持实体经济发展：货币政策维持"适度宽松"总基调，并强化结构性支持；财政 政策加力提效，突出"两新""两重"导向。 展望下半年，货币政策方面，降准降息仍有空间，以进一步降低实体经济融资成本、释放流动性。在结 构性货币政策工具创新方面，上海"先行先试"具有示范意义，后续相关举措有望逐步向其他地区推广。 财政政策方面，超长期特别国债资金在大规模设备更新、消费品以旧换新等重点领域加快落地，推动投 资消费。新型政策性金融工具预计将在三季度推出，可能由政策性银行发行专项债券，筹集资金定向投 入科技创新、数字经济等关键领域，弥补项目资本金不足，助力产业升级。 赵伟：上半年经济总体运行良好，外需强劲与内需改善共同构成支撑，预计上半年GDP增速在5%以 上。一季度经济开局良好，实际GDP增速5.4%。4月以来，经济延续向好趋势。拆分结构看，出口仍是 经济最主要的支撑力量，"抢出口"推动1至5月出口同比增长6%，相应拉动制造业生产增长6.9%。1至5 月固定资产投资增速3.7%，也高于2024年底的3.2%，主要得益 ...

金融环境支持经济增长。 关税将导致通胀上升。 关税可能会对价格产生暂时或持续的影响。 美国圣路易联储主席Musalem：经济处于良好状态，或接近充分就业。 通胀存在一些上行风险。 货币政策略带限制性。 高利润率为吸收关税提供了一些空间。 ...

美联储穆萨莱姆：货币政策适度限制。金融环境有利于经济增长。 ...

Core Viewpoint - The fiscal policy for 2025 is characterized by increased counter-cyclical adjustments, significant enhancement in fiscal spending, and proactive policy implementation, which is expected to support China's economic growth target of around 5% [2][3][5]. Fiscal Policy Characteristics - The fiscal deficit rate for 2025 has historically exceeded 4%, with a total fiscal deficit of 5.66 trillion yuan, an increase of 1.6 trillion yuan from 2024 [5][6]. - The issuance of special bonds has been raised to 4.4 trillion yuan, with an increase of 500 billion yuan compared to 2024, aimed at addressing local government debt and stimulating investment [4][6]. Economic Context - The global economic recovery remains weak, and external pressures such as tariffs and trade disturbances from the U.S. are affecting demand. The internal demand is also struggling to recover fully, necessitating a robust fiscal response [3][4]. - The central economic work conference at the end of 2024 emphasized the need for a more proactive fiscal policy to ensure sustained economic growth amidst these challenges [3]. Budgetary Allocations - The budget growth rates for general public revenue and expenditure in 2025 are projected at 0.1% and 4.4%, respectively, reflecting ongoing fiscal pressures and the need to expand domestic demand [5]. - Expenditure on health, education, and social security has increased, with a total share of 37.1% in the budget, indicating a focus on social welfare [5]. Special Bonds and Debt Management - The issuance of ultra-long special bonds has increased to 1.3 trillion yuan, with allocations for major national strategies and consumer goods replacement programs, enhancing both short-term demand and long-term sustainability [6]. - The new special bond issuance allows for the acquisition of existing housing for affordable housing projects and debt management, which helps alleviate liquidity pressures on real estate companies and supports small businesses [6].

从高书记个人自掏腰带头消费，引发了网络上关于领导带头自掏腰包下馆子消费是否值得提倡的话题。需要指出的是，领导也是人，也是拿工资吃饭的，是 不是一定要带头去下馆子，需要一切从实际出发，从自身的需要出发，只要这种举动是对当地发展有利的，那就是值得提倡和点赞的。 从积极方面来看，领导带头掏腰包下馆子，可以带动消费，助力经济。在当前的经济形势下，消费可是拉动经济增长的重要马车之一。领导带头下馆子，这 无疑是给餐饮行业注入了一剂强心针。 高书记自己掏钱请人吃饭，地点是荣昌的苍蝇小饭馆，开小饭馆的人称不上老板，最多就是底层百姓谋生的一个场所，请了两桌人花了1000元左右，平均每 人50元左右，这个消费水平不高，但对于一个领工资的人来说，的确是难能可贵的。参与消费的对象是小老板。小老板们平时要请书记吃饭，要见一次区委 书记，难度可能还是比较大的。 这下到好了，令小老板们想不到的是，这次是书记倒请，而且是自己花钱请，不但可以吃上书记的饭，还可以在饭桌上向书记反映自己的实际问题，书记也 可以利用这个机会现场办公，为小老板们解实际问题，这样的好事情，放眼全国可能只有荣昌的高书记有这个情怀，即使有争议高书记也在所不惜。 有人说，高 ...

Economic Growth Outlook - Morocco's GDP growth forecast for 2025 has been raised from 4.3% to 4.5% by Fitch, driven by strong investment, recovering consumer markets, and improving foreign trade conditions [1][2] Investment Dynamics - Productive investment is the main driver of the current economic recovery, with total capital formation in Q1 showing a significant year-on-year increase of 17.5%, marking a post-pandemic high [1] - The Moroccan central bank has cut interest rates by a total of 75 basis points, with expectations for further reductions, facilitating credit expansion across various sectors, including consumer loans [1] Infrastructure and Major Events - Preparations for major international events such as the 2025-2026 Africa Cup of Nations and the 2030 World Cup are underway, leading to increased investments in infrastructure, transportation, and hospitality [1] - Fixed asset investment growth is expected to reach 7.9% in 2025, with a slight decline to 5.9% in 2026, still significantly above historical averages [1] Consumer Spending Trends - Consumer spending is showing signs of recovery, driven by low inflation, agricultural recovery boosting farmer incomes, rapid tourism growth, and declining financing costs [2] - Private consumption growth is projected to reach 4.5% in 2025, with continued positive momentum expected in 2026 [2] Inflation and Trade Balance - Inflation expectations for 2025 have been revised down from 1.1% to 0.7%, benefiting from stable energy prices, a weaker dollar, and improved domestic food supply [2] - The trade deficit is expected to improve in 2025 due to reduced agricultural import demand and a recovering European market, supported by Morocco's deep integration with European supply chains [2]

韩国央行行长李昌镛：房价已高到抑制消费和经济增长的程度。 ...

韩国央行行长李昌镛：韩国央行将在评估相关数据后，决定优先关注经济增长还是金融稳定。 ...