Core Insights - The Assistant Governor of the Reserve Bank of Australia, Hunt, emphasized the need to assess the extent to which the recent rise in inflation is temporary [1] - It is anticipated that the labor market will remain tight, with inflation rates expected to stay above target levels for some time [1] - The economic and labor market capacity pressures will be closely monitored [1]

Core Viewpoint - Brazil's inflation rate for the past 12 months reached 4.44% as of the end of January, an increase from the previous period's 4.26% [1] Inflation Data - The nationwide broad consumer price index (IPCA) in January rose by 0.33%, primarily driven by increases in fuel and transportation prices [1] - Food and beverage price increases have slowed down, while prices for housing and clothing have decreased [1] Fuel Price Impact - The head of IBGE's inflation indicators, Fernando Gonalves, noted that fuel prices dropped by approximately 5.20% at the end of January, but the full impact of this decrease was not reflected in January's data, with expectations for a more significant effect in February [1] Future Projections - The inflation rate for Brazil in 2025 is projected to be 4.26%, marking the lowest level since 2018 [1]

Core Viewpoint - In January, Croatia's annual inflation rate was reported at 3.4%, making it one of the highest in the Eurozone despite a slowdown in price growth [1] Group 1: Inflation Data - The annual inflation rate measured by the consumer price index (CPI) in January was 3.4% [1] - The harmonized index of consumer prices (HICP) indicated an annual inflation rate of 3.6%, second only to Slovakia's 4.2% and significantly above the Eurozone average of 1.7% [1] Group 2: Price Changes by Category - Service prices saw the highest increase, with a year-on-year growth of 7.2% and a month-on-month increase of 2.2% [1] - Energy prices rose by 3.7% year-on-year and 1.8% month-on-month [1] - Prices for food, beverages, and tobacco increased by 3% year-on-year and 1% month-on-month [1] - Non-food industrial goods, excluding energy, experienced a slight year-on-year increase of 0.1% but a month-on-month decrease of 3.4% [1]

Economic Growth Forecast - Thailand's economy is projected to grow by 2.0% this year, consistent with previous expectations [1] - The growth rate is expected to slow to 2.2% in 2025, down from 2.5% in 2024 [1] Export Performance - Exports are anticipated to increase by 1.0% this year, a revision from an earlier forecast of a 1.5% decline [1] Currency and Inflation - The Thai Baht has appreciated approximately 1.4% against the US dollar this year, with a projected increase of 9% by 2025, impacting export and tourism competitiveness [1] - Overall inflation rate for this year is forecasted at 0.3%, revised down from 0.5% [1] Tourism Outlook - The number of foreign tourists visiting Thailand is expected to reach 35.5 million this year, consistent with prior estimates, compared to 32.9 million last year [1] Trade Tariffs - The US imposes a 19% tariff on goods imported from Thailand, aligning with practices in other regional countries, but uncertainties remain regarding tariffs on goods transiting through Thailand from third countries [2]

Core Insights - The meeting between the government of São Paulo and the Social Consultation Council focused on the main directions of the 2026 national budget, economic conditions, and issues affecting workers' interests [2] Economic Growth Projections - The economic growth rate for 2024 is projected at 1.1%, with an acceleration to approximately 2.9% in 2025, and further improvement to about 4.7% in 2026 [2] Inflation Trends - The annual inflation rate for October 2025 is estimated to be around 12.1%, indicating a high but declining trend in inflation [2] Wage Adjustments and Labor Issues - The meeting highlighted the issue of wage adjustments, particularly noting that the private sector has not made any wage adjustments since 2016, which has significantly impacted workers' purchasing power [2] - The review of the minimum wage system was identified as an important topic for future budget discussions, especially in light of inflation and cost of living pressures [2]

Core Viewpoint - Zimbabwe's annual inflation rate has dropped to single digits for the first time since 1997, marking the end of a 29-year high inflation cycle [1] Group 1: Inflation Rate - The official inflation rate in Zimbabwe, measured in local currency (Zimbabwean dollar), decreased significantly from 15% in December 2025 to 4.1% in January 2026 [1] - The monthly inflation rate for January 2026 was recorded at 0.0%, indicating overall price stability in the local currency [1] Group 2: Contributing Factors - The decline in inflation is attributed to tighter liquidity management, enhanced coordination between fiscal and central bank policies, and increased public trust in the local currency [1] - Other inflation indicators, including weighted year-on-year inflation and inflation measured in US dollars, have also shown significant improvement [1]

Core Insights - A recent report from a think tank indicates that the tariff policies implemented by the Trump administration will increase the average cost of living for American households by approximately $1,000 by 2025 [1] - The report highlights that these tariffs represent the largest tax increase in the U.S. since 1993, measured as a percentage of GDP, exacerbating the economic burden on ordinary families amid already high living costs [3] - The total revenue generated by the federal government from tariffs is projected to be around $264 billion in 2025, significantly lower than the "trillions of dollars" previously mentioned by the White House [5] Economic Impact - If current tariffs remain unchanged, the average cost of living for American households is expected to increase by an additional $1,300 this year [3] - The effective tariff rate in the U.S. has surged from approximately 2% in 2024 to about 10% in 2025, marking the highest level since 1946 [6] - The negative impacts of these tariffs are likely to offset much of the economic benefits generated by the new round of tax cuts that took effect this year [5] Inflation and Economic Growth - The White House argues that despite the increase in tariffs, domestic inflation has cooled, real wages have risen, and economic growth has accelerated, with significant investments continuing to flow into U.S. manufacturing [6] - As of December 2025, the inflation rate in the U.S. is reported to be 2.7%, roughly equivalent to the rate when Trump took office in January 2025 [6]

Core Viewpoint - Japan plans to suspend sales tax on food, which is expected to result in a fiscal revenue loss of approximately 0.8% of GDP and a decrease in inflation rate by about two percentage points, potentially pushing overall inflation into negative territory [1] Group 1 - Marcel Thieliant, head of Asia-Pacific at Capital Economics, highlights that the reduction in Japan's budget deficit is occurring at a faster pace than most anticipated [1] - Despite an expected widening of the deficit this year and next, strong nominal GDP growth will lead to a rapid decline in the public debt-to-GDP ratio [1]

杰斐逊指出，尽管通胀率一直高于美联储设定的2%的目标，但预计今年晚些时候通胀率下降的趋势将 会重现。 同时，他估计经济总体状况良好，2026年的经济增长率有望达到约2.2%。他表示："我看到一些迹象表 明，劳动力市场正趋于稳定，通胀有望回归到我们设定的2%的目标水平，而且可持续的经济增长也将 持续下去。" 杰斐逊表示，去年9月至12月期间美联储实施的三次降息，将利率调整至3.5%至3.75%的区间——接近 市场对"中性水平"的预期，该水平既不会刺激也不会抑制经济。他指出，这种立场在央行面临的两大风 险之间取得了合理平衡。 沪银上周在17230筑底，目前收盘在20000之上，算是有多头反攻的表现，周内或有较大的上涨空间，预 计目标放在25000。沪银溢价收敛至1300元/克，国内情绪迅速降温。银价或将维稳回升，白银高位波动 率极大。沪银主力合约参考运行区间18500-21000区间。 打开APP，查看更多高清行情>> 【要闻速递】 美联储副主席杰斐逊表示，央行当前的利率立场"完全适合"稳健的经济状况，这表明他目前并不急于重 启美联储在1月份暂停的降息举措。 【最新白银期货行情解析】 今日周一(2月9日)亚盘时段 ...

格隆汇2月7日｜土耳其副总统耶尔马兹周六表示，土耳其将继续维持紧缩货币政策并保持财政纪律，以 进一步降低通胀。官方数据显示，土耳其1月份消费者价格指数（CPI）环比上涨4.84%，高于预期，部 分原因是新年价格调整以及食品和非酒精饮料价格上涨。年通胀率降至30.65%。耶尔马兹表示，自 2024年5月以来通胀率下降45个百分点还不够，并补充说政府正在努力进一步降低消费者价格。 ...