金十数据6月23日讯，美联储理事鲍曼表示："如果通胀压力得到控制，我将支持在下次会议上尽快降低 政策利率，以使其更接近中性水平并维持健康的劳动力市场。"鲍曼去年一直非常关注通胀风险。她 说，由于预计今年经济将出现更多闲置产能，她认为关税带来的价格上涨将是"小幅且一次性"的。她将 劳动力市场描述为坚实且预计接近充分就业的水平。但她亦援引了脆弱性的证据，包括劳动力市场活力 减弱、经济增长放缓和就业增长的狭隘集中，因此认为美联储在未来的决策中应"更加重视就业目标所 面临的下行风险"。这是鲍曼自今年春季被特朗普提名并经参议院确认出任美联储监管副主席以来，首 次就经济前景发表实质性评论。 美联储理事鲍曼暗示：或会支持7月降息 ...

Core Viewpoint - The June LPR remains unchanged at 3.0% for the 1-year rate and 3.5% for the 5-year rate, which aligns with market expectations following the previous monetary policy adjustments [1][2]. Group 1: LPR Stability - The stability of the June LPR is attributed to the recent monetary policy changes, where a 10 basis point reduction was implemented in May, leading to a corresponding adjustment in LPR rates [1][2]. - Experts indicate that the current economic conditions do not necessitate further immediate adjustments to the LPR, as the policy rates are expected to remain stable [2][3]. Group 2: Market Expectations - Analysts believe that the unchanged LPR reflects the lack of significant changes in the factors influencing LPR pricing, thus meeting market expectations [2]. - The chief economist from China Minsheng Bank noted that the recent financial policies aim to stabilize market expectations, contributing to the current LPR stability [2]. Group 3: Future Outlook - While there may be potential for future LPR reductions, market participants are advised to temper their expectations regarding the timing and extent of such adjustments [3]. - The ongoing reduction of deposit rates by major banks is expected to continue, which may impact the LPR if further reductions are pursued [3]. - Experts suggest that the focus should be on reducing overall financing costs rather than solely relying on LPR adjustments, especially in light of external factors such as the Federal Reserve's monetary policy [3].

Core Viewpoint - The Director of the Federal Housing Finance Agency (FHFA), Bill Pulte, criticizes Federal Reserve Chairman Jerome Powell for harming the American public and the mortgage market by maintaining the current policy interest rates [1] Group 1 - Bill Pulte highlights the negative impact of the Federal Reserve's unchanged interest rate policy on the American populace [1] - The statement suggests that the current monetary policy is detrimental to the mortgage market [1]

挪威央行：如果前景显示工资和价格通胀将比预期持续更长时间，可能需要比目前预期的更高的政策利 率。 ...

瑞典央行：政策利率的预测包含今年再次降息的可能性。 ...

瑞典央行：瑞典央行预计2025年第三季度政策利率平均为1.99%，之前预测为2.25%。预计2025年第四 季度的政策利率平均为1.92%，之前预测为2.25%。 ...

Core Viewpoint - The Bank of Japan is gradually reducing its bond purchases, transitioning from an ultra-loose monetary policy to a more market-driven approach, while maintaining a policy interest rate of 0.5% [1][2]. Group 1: Monetary Policy Adjustments - The Bank of Japan decided to continue reducing its purchases of Japanese government bonds, decreasing the quarterly reduction from 4 trillion yen to 2 trillion yen starting in April 2026 [1]. - By March 2026, the monthly bond purchase amount will decrease from 5.7 trillion yen to 2.9 trillion yen, with further reductions planned for 2027 [1][2]. - The central bank will retain the flexibility to increase bond purchases if there is a surge in interest rates, with evaluations scheduled for June 2026 [1]. Group 2: Bond Holdings and Market Impact - Since the initiation of the ultra-loose monetary policy in 2013, the Bank of Japan has accumulated approximately 560 trillion yen in government bonds, representing 52% of the issuance balance [2]. - The central bank plans to phase out bond purchases to avoid market disruption, with expectations that bond holdings will decrease by 16-17% by March 2027 compared to June 2024 [2]. - To enhance liquidity in the bond market, the Bank of Japan has relaxed conditions for financial institutions to purchase bonds directly without returning them [2]. Group 3: Economic Considerations - The impact of U.S. tariff policies has not yet shown significant negative effects on Japan's economic statistics, but the Bank of Japan is closely monitoring potential adverse effects on wage growth and capital investment [3].

Group 1 - The Japanese 5-year government bond yield increased by 1.5 basis points to 1.025% [1] - The Japanese 10-year government bond yield also rose by 1.5 basis points to 1.465% [1] - The Bank of Japan decided to maintain the policy interest rate at 0.5% and will slow down the pace of bond purchase reduction [1]

Group 1 - The core viewpoint of the article is that central banks in the US, UK, and Japan are expected to maintain their policy interest rates unchanged during their upcoming meetings [1] - The market is particularly focused on the progress of tariff negotiations between the US and Japan during the G7 meeting, with low visibility on the negotiations suggesting that the Bank of Japan will likely remain inactive [1] - The Bank of England is anticipated to align its policy with the Federal Reserve's potential rate cuts later in the year, also indicating a hold on interest rates this week [1]

乌兹别克斯坦央行宣布维持政策利率不变，仍为14.0%。 ...