通货膨胀

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不降息!欧洲央行公布
Sou Hu Cai Jing· 2025-09-11 13:28
Group 1 - The European Central Bank (ECB) decided to keep its three key interest rates unchanged, with the deposit facility rate at 2.00%, the main refinancing rate at 2.15%, and the marginal lending facility rate at 2.40% [1] - The ECB's inflation outlook remains stable, with an expected average inflation rate of 2.1% in 2025, 1.7% in 2026, and 1.9% in 2027. Core inflation, excluding energy and food, is projected to average 2.4% in 2025, 1.9% in 2026, and 1.8% in 2027 [1] - Economic growth forecasts have been adjusted, with the ECB projecting a growth rate of 1.2% for 2025, up from a previous estimate of 0.9%. The growth forecast for 2026 has slightly decreased to 1.0%, while the 2027 forecast remains at 1.3% [1] Group 2 - The ECB emphasized that there is no pre-commitment to a specific interest rate path, and the asset purchase programs are being reduced at a measurable and predictable pace [2] - The ECB is prepared to adjust all its tools to ensure inflation stabilizes at the 2% target in the medium term and to maintain smooth monetary policy transmission [2] - Eurozone inflation for August was reported at 2.1%, aligning closely with the ECB's target, and analysts suggest that there may be a possibility of rate cuts in the coming months [2]
不降息!欧洲央行公布
证券时报· 2025-09-11 13:14
9月11日,欧洲央行管理委员会决定维持欧洲央行的三个关键利率不变。欧洲央行表示,通胀目 前处于2%的中期目标附近,管理委员会对通胀前景的评估基本保持不变。 根据欧洲央行发布的公告,存款便利、主要转按揭及边际贷款便利的利率将分别维持在2.00%、2.15%及 2.40%不变。 通胀前景并未发生重大改变,预计2025年总体通胀率平均为2.1%,2026年为1.7%,2027年为1.9%;对 不包括能源和食品的核心通胀率,预计2025年平均为2.4%,2026年为1.9%,2027年为1.8%。经济增长 方面,欧洲央行预计2025年经济增长1.2%,高于6月份预期的0.9%。2026年的增长预测目前略有下降, 为1.0%,而2027年的增长预测保持不变,为1.3%。 证券时报各平台所有原创内容,未经书面授权,任何单位及个人不得转载。我社保留追 究相关 行 为主体 法律责任的权利。 转载与合作可联系证券时报小助理,微信ID:SecuritiesTimes END 点击关键字可查看 潜望系列深度报道丨 股事会专栏 丨 投资小红书 丨 e公司调查 丨 时报会客厅 丨 十大明星私募访谈 丨 工作室确认:演员于朦胧坠楼身亡, ...
Lagarde's statement after ECB policy meeting
Yahoo Finance· 2025-09-11 13:13
Survey indicators suggest that both manufacturing and services continue to grow, signalling some positive underlying momentum in the economy. Even if demand for labour is softening, the labour market remains a source of strength, with the unemployment rate at 6.2 per cent in July. Over time, this should boost consumer spending, especially if, as foreseen in the staff projections, people save less of their income. Consumer spending and investment should benefit from our past interest rate cuts feeding throug ...
美国8月CPI数据小幅上升
Sou Hu Cai Jing· 2025-09-11 13:13
9月11日公布的数据显示,美国8月CPI年率从前值2.7%升至2.9%,8月CPI月率也从前值0.2%升至0.4%。 不过,同时公布的美国8月核心CPI年率和月率都与上月持平。 美国8月CPI数据的小幅上升反映出美国经济的通货膨胀的粘滞性依然存在。但是,前几日公布的美国8 月PPI数据的下降使得市场憧憬着不久的将来CPI数据将会传导PPI的下降。 笔者认为,在明年5月前美联储很可能延续其过去一段时间以来的谨慎作风,很难如市场所愿实施迅速 而大力度的降息政策。 如果是这样,那么美联储的货币政策会增加美国经济未来一段时间内的不确定性,美国经济面临的下行 压力也会增大。 JerryZang 免责声明:本文内容及观点仅供参考,不构成任何投资建议。投资者据此操作,风险自担。一切有关市 场的准确信息,请以相关官方公告为准。市场有风险,投资需谨慎。 同时公布的美国至9月6日当周初请失业金人数从前值23.6万人升至26.3万人。这与近期公布的最新的失 业率等数据一致,都反映出美国就业市场出现了疲软。 上述经济数据在一定程度上支撑美联储在本月的议息会议上重启降息进程。目前,市场已经基本确认, 美联储本月会降息。不过,当前市场所 ...
Inflation remained stubbornly high in August as Fed weighs rate cuts
Fox Business· 2025-09-11 13:02
Inflation rose in August and remained well above the Federal Reserve's target rate as central bank policymakers weigh potential interest rate cuts at their meeting next week. The Bureau of Labor Statistics on Thursday said that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – rose 0.4% in August compared with last month, while it rose to 2.9% on a year-over-year basis. The monthly figure was hotter than the estimate of economists polled by ...
US inflation rises in August as companies push Trump tariffs cost onto consumers
Yahoo Finance· 2025-09-11 12:42
People shop at a supermarket on 18 July 2025 in Rockville, Maryland.Photograph: China News Service/Getty Images Inflation rose slightly in August as companies continued to push the cost of tariffs onto consumers. The newest update to the consumer price index (CPI), which measures a basket of goods and services, showed that prices increased 2.9% over the last year – the highest since January. Core CPI, which excludes energy and food costs, stayed stable at 3.1% after going up in July. Despite this slight u ...
Best Moves For Income Investors As Rate Cuts Loom
Investors· 2025-09-11 11:00
SPECIAL REPORT: Most Trusted Financial Companies By CategoryInvestors and borrowers hoping for interest rate cuts from the Federal Reserve may soon get their wish.A second straight month of weak job numbers, Wall Street pros say, gives the nation's central bank all the reasons it needs to begin lowering rates.Wall Street is betting on it. Federal Reserve chair Jerome Powell is hinting at it. And President Trump is aggressively pushing for it.So, what's a saver or income investor to do now?Interest Rate Cuts ...
Stock Futures Climb Ahead of Crunch CPI Report
Barrons· 2025-09-11 09:43
Group 1 - Stock futures are rising, indicating investor optimism ahead of key inflation data that may influence Federal Reserve interest-rate decisions [1][2] - The Dow Jones Industrial Average futures increased by 38 points, or 0.1%, while S&P 500 futures also gained 0.1% [2] - The S&P 500 index reached a new record on Wednesday, reflecting strong market performance [2] Group 2 - Investors are awaiting the August consumer price index report, expected to show a rise in inflation to 2.9% from 2.7% in July [2]
就业低迷,美国这个“圣诞季”消费增速或创疫情来最低
Hua Er Jie Jian Wen· 2025-09-11 01:15
美国正在显现更多消费主导的经济放缓迹象。 德勤最新发布的预测报告指出,从今年11月到明年1月,美国假日季销售额预计将仅增长2.9%至3.4%, 显著低于去年4.2%的增幅,为疫情以来最慢的增速。这相当于销售总额从去年的1.57万亿美元增至1.61 万亿至1.62万亿美元。 由于消费者支出约占美国GDP的68%,假日季销售的放缓在"黑色星期五"和圣诞购物季之前是一个重要 的警示信号。 实际上,多重因素正在挤压美国消费者的预算。 购物者不仅要应对高企的借贷成本,还面临着储蓄耗尽、信用卡债务达到上限以及持续的通货膨胀压 力。宏观经济的普遍不确定性也削弱了他们的消费信心。 普华永道近日的一项调查预测显示,Z世代购物者在假日季的支出降幅将是所有年龄段中最陡峭的。 企业层面也反映了这种不确定性,包括百思买、塔吉特、沃尔玛、梅西百货和美泰在内的消费公司,普 遍在进入秋季返校季时发布了喜忧参半的业绩指引。 就业数据大幅下修引发衰退担忧 与此同时,美国劳动力市场也正发出危险信号。周二,美国劳工部近期对其截至今年3月的年度就业数 据进行了历史性的下修,表明商业周期可能已在2024年春季见顶。 这些动态共同指向一个方向:作为美国经 ...
美国PPI自四月以来首次下降 美联储下周重启降息稳了?
Zhong Guo Ji Jin Bao· 2025-09-10 22:41
Core Viewpoint - The unexpected decline in the Producer Price Index (PPI) in the U.S. for the first time since April strengthens the rationale for the Federal Reserve to consider interest rate cuts [2][3] Group 1: PPI Data - The PPI fell by 0.1% month-over-month in August, marking the first decline in four months, while year-over-year it increased by 2.6% [2] - Excluding food and energy, the prices of goods rose by 0.3%, while service costs decreased by 0.2% [3][4] - The report indicates that despite higher costs from tariffs, companies refrained from significant price increases due to concerns about consumer behavior amid economic uncertainty [2][3] Group 2: Market Reaction - Following the PPI data release, U.S. stock index futures and Treasury prices rose, reflecting increased expectations for interest rate cuts by the Federal Reserve [3][5] - The two-year Treasury yield fell, and the dollar weakened, with the market pricing in three rate cuts by the end of 2025 [5] Group 3: Economic Implications - The decline in wholesale inflation may influence the Federal Reserve's decision-making regarding interest rates, especially in light of a slowing labor market [3] - The upcoming Consumer Price Index (CPI) data is anticipated to provide further insights into the impact of tariffs on household inflation [3]