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US data agency cancels October inflation report as Fed considers whether to cut rates
The Guardian· 2025-11-21 18:05
The US federal government will not publish official data on inflation for October, depriving policymakers at the Federal Reserve of key information as they consider whether to cut interest rates.The Bureau of Labor Statistics canceled the release of the closely watched consumer price index (CPI) for October, citing the government shutdown – the longest in history, before it ended earlier this month – and stating it could not “retroactively collect” the data required for the report.The decision, announced on ...
欧元区11月PMI初值保持强劲 巩固欧央行暂停降息预期
智通财经网· 2025-11-21 11:09
智通财经APP获悉,11月份,欧元区的私营经济活动依然保持强劲态势,这让人对其今年最后几个月的 经济增长有望提速抱有期待。欧元区11月SPGI综合PMI初值为52.4,几乎与 10 月份的 52.5 相持平,且 仍高于 50 这一区分增长与收缩的临界值,分析师预期为52.5。 de la Rubia表示,11月份的调查结果显示,备受关注的服务行业成本上涨速度有所加快,但这一趋势正 因销售价格涨幅放缓而得到抑制。他说道:"总体而言,对于那些特别关注服务行业通胀率的货币政策 制定者来说,面临的困扰应该是有限的。我们预计 12 月份的利率将保持不变。" 其中,服务业创下了一年半以来的最佳表现,这有助于抵消制造业出现的意外疲软态势。欧元区11月 SPGI服务业PMI初值为53.1,高于市场预期。欧元区11月SPGI制造业PMI初值意外降至49.7,不及市场 预期的50.2。 季度的增长速度应会快于第三季度。" 德国依然发挥着引领作用,尽管其经济扩张速度有所放缓,德国11月SPGI综合PMI下滑至52.1,低于预 期。与此同时,法国的经济表现则超出预期,其11月SPGI综合PMI为49.9,虽然仍低于荣枯线。而法国 在 ...
日元贬值压力剧增
财联社· 2025-11-21 06:37
此番言论正值日元兑美元汇率跌至10个月低点之际,这给日本央行和政府都带来了压力。日本央行急需遏制日元进一步贬值,以免进一步推 高日本家庭的生活成本。 本周五,日本央行行长植田和男在国会作证词时表示,央行必须考虑到日元疲软可能推高进口成本和整体物价水平,从而影响潜在的通货膨胀局 势。 尽管日本现任首相高市早苗一直倾向于推动宽松的货币政策,但植田和男此言或许暗示着日本央行将会采取行动,通过加息等手段收紧货币 政策、提振日元,从而避免日本通胀进一步失控。 弱日元可能影响通胀 此前日本央行曾表示,如果确信日本的潜在通货膨胀(即剔除一次性因素后的物价变动)将稳定高于2%的通胀目标,那么将继续提高利 率。 而根据日本政府周五公布的数据,日本10月消费者价格同比上涨3%,高于9月份的涨幅2.9%。 日本通胀率已经连续43个月高于央行2%的 目标水平 ,这是自1992年以来持续时间最长的一次。 而在剔除能源和生鲜食品因素后,日本10月的消费者价格指数更能反映通胀趋势,其涨幅从3%加快至3.1%。 在周五议会发言中,植田和男表示,日元的贬值会推高进口成本,进而传导至日本本土物价,从而推高消费者通货膨胀率。 "与过去相比,汇率变 ...
克罗地亚政府扩大限价商品数目以缓解通胀压力
Xin Hua She· 2025-11-21 04:46
克罗地亚政府新增加的30种限价商品主要包括食品、水果、蔬菜和日常卫生用品。 克罗地亚总理普连科维奇在20日举行的政府内阁会议上宣布,为缓解通货膨胀给民众、尤其是低收入群 体带来的生活压力,克罗地亚政府决定把限价商品数目增加30种,限价商品总数将达到100种。 根据这项规定,克罗地亚的零售商销售限价商品,不得超过政府设定的价格上限。克罗地亚的小型零售 商必须提供至少一种限价商品,而且要在商店入口或醒目处标明,大型超市则必须设立单独区域提供限 价商品,供民众、尤其是低收入群体选购。 普连科维奇表示,这一举措将惠及低收入和弱势群体。政府希望通过这种方式来降低消费价格,抑制通 胀给民众带来的生活压力。 近年来,克罗地亚通胀率一直居高不下,虽然今年以来有所缓解,但仍居欧元区通胀率最高之列。 (文章来源:新华社) ...
FedWatch's Ben Emons explains why he found September's jobs report to be 'bullish'
Youtube· 2025-11-20 23:05
How is the central bank looking at this data. Let's bring in Ben Emmens, founder and chief investment officer at Fed Watch Advisors. Ben, it's good to have you.There is such a data vortex right now. How much stock should we put into the September report, the revisions from August and net net what that means for the Fed. >> Hi Lesie.Well, I I felt it was a bullish report because as you mentioned, this unemployment rate rising was really for the good reason. You know, the report showed there was about 475,000 ...
Fed Has No Choice But to Keep Rates on Hold, Slok Says
Youtube· 2025-11-20 22:05
Is there real progress in this economy right now. I know we can look at these numbers and find some modicum of stability, but is a real progress, real growth. Well, this is also a very important question remain, because if we think about what was the reason why we had a slowdown over the summer, it was likely because of the turmoil that came after Liberation Day.But Immigration Day is now eight, nine months ago, and things are gradually getting better on the trade for at least us. More clarity. And we've, o ...
Cleveland Fed's Hammack supports keeping rates around current 'barely restrictive' level
CNBC· 2025-11-20 16:46
Cleveland Federal Reserve President Beth Hammack on Thursday gave indications that she thinks the central bank could be nearing the end of what could be a brief rate-cutting cycle.The policymaker told CNBC that she thinks the current level of interest rates is "barely restrictive, if at all" when it comes to the economic impact. Restrictiveness is a key metric for Fed officials, who are divided ideologically over whether labor market weakness or inflation is a bigger threat. Hammack has been more in the haw ...
Fed's Beth Hammack: We need to continue to keep policy ‘somewhat restricted' to bring inflation down
Youtube· 2025-11-20 16:28
I'm at the Cleveland Federal Reserve Bank with the president, Beth Hammock. Uh Beth, thank you for having us here in Cleveland, >> Steve. We're thrilled that you came out and made the trip.>> Great. What an interesting conference you're putting on about financial stability. A good time for that, but also good time to talk about the outlook for Fed policy.Uh let's start with the easy thing, which is my question about your takeaway from this morning's jobs report. >> Um well, we we've only had a short amount ...
December interest rate cut in doubt as Fed minutes show policymakers divided
Fox Business· 2025-11-20 16:11
The minutes of the Federal Reserve's policy meeting last month show that the path for interest rate cuts in December and early next year is far from certain. Policymakers on the Federal Open Market Committee (FOMC) were divided at their late October meeting over whether there should be an additional rate cut at their next meeting in mid-December amid concerns about a softening labor market and rising inflation.The Fed cut rates for the first time this year in September, and followed that up with a second 25 ...
Surprise job surge signals a stronger-than-ever economy
Youtube· 2025-11-20 14:45
So, the non-bar payrolls number coming in at 119,000. 119,000. The estimate was 50,000.Private sector jobs coming in at 97,000. The estimate was 50. Factory jobs, we saw a loss of 6,000. Government jobs, a gain of 22,000.Average work week, all private workers, 34.2% hours. Average hourly earnings annually up 3.8%. Little bit better than expected.Average hourly earnings month-to-month up2%. The unemployment rate 4.4%. The unemployment rate 4.4% the estimate was 4.3%. Again, non-farm 119,000 the estimate was ...