Core Viewpoint - The Governor of the Bank of Japan, Kazuo Ueda, anticipates that real wage growth will support consumer spending, although the impact of wage increases on service prices has not been significant yet [1] Group 1: Wage Growth and Consumer Spending - Real wage growth is expected to bolster consumer spending [1] - The chain reaction of wage increases on service prices has not been substantial [1] Group 2: Tariffs and Economic Impact - It is currently difficult to determine whether tariffs will affect the neutral interest rate level [1] - Tariffs have a negative impact on resource allocation efficiency [1]

Group 1 - The European Central Bank (ECB) should only consider lowering interest rates below neutral levels if growth expectations in the Eurozone deteriorate significantly [1] - Excessive rate cuts could limit future policy options for the ECB [2]

英国央行货币政策委员会委员格林：中性利率高于原来的水平。 ...