美国总统特朗普：昨天鲍威尔给人的印象是，他可能准备降息。 ...

Core Viewpoint - The European Central Bank's decision to maintain interest rates after eight rate cuts is deemed reasonable by Governing Council member Nagel [1] Group 1 - The European Central Bank has implemented eight interest rate cuts prior to the current decision [1] - Maintaining the current interest rate is seen as a strategic move in response to economic conditions [1] - The decision reflects a cautious approach to monetary policy amid ongoing economic challenges [1]

特朗普再度施压降息，黄金"深蹲"何时结束？黄金日内下跌再度延续，短线是否见底？立即观看超V推 荐官Jason的分析，马上进入直播间>>> 相关链接 ...

俄罗斯央行25日宣布降息200个基点至18%，这是俄央行自今年六月以来第二次下调关键利率。(央视新 闻) ...

《华尔街日报》近期刊发了一篇深度分析文章，探讨了特朗普政府与美联储之间日益激化的冲突。 华尔街日报资深市场专栏作家James Mackintosh在文章中详细剖析了白宫对美联储主席鲍威尔施压降息的策略及其可能产生的适得其反效果。 Mackintosh通过对市场数据和政策机制的深入分析，揭示了一个看似矛盾的现象： 特朗普越是公开施压美联储，反而越难达成其降息目标 。文章认为 ， 这场 争端本质上反映了制度独立性与民粹主义之间的根本分歧。 据Mackintosh统计，在特朗普呼吁降息3个百分点的第二天，纽约联储衡量的10年期期限溢价升至0.84个百分点，高于他在4月份类似攻击后回落时的0.6个百 分点，更远高于去年选举前一个月的零水平。 Mackintosh指出，特朗普近几周来加大了对鲍威尔的攻击力度，希望推动美联储降息。然而，文章称，" 他喊得越响，越不可能得到他真正想要的：更低的政 府借贷成本和更便宜的抵押贷款。 "这种施压策略可能正在破坏投资者信心，推高长期债券收益率。 文章强调，这场冲突的核心在于两种截然不同的治理理念碰撞。特朗普的观点体现了"人民的声音就是上帝的声音"这一民粹主义理念，而美联储则恰恰相反 ...

Core Viewpoint - The decision to lower interest rates by the Reserve Bank of India will depend on the outlook for economic growth and inflation rather than current data [1] Group 1 - The Reserve Bank of India's stance indicates a forward-looking approach to monetary policy, focusing on future economic conditions [1] - The central bank emphasizes the importance of economic growth and inflation expectations in determining interest rate adjustments [1]

Core Viewpoint - The article discusses President Trump's visit to the Federal Reserve, where he criticized the cost overruns of a renovation project and reiterated his call for interest rate cuts, indicating a potential political motive behind his criticisms of Fed Chairman Powell [1][6][8]. Group 1: Renovation Project - The Federal Reserve's renovation project, initially estimated at $1.9 billion in 2021, has ballooned to $2.5 billion, with Trump claiming it could be as high as $3.1 billion [1][2]. - The renovation involves updating infrastructure in two buildings constructed in the 1930s, which had never been renovated before [1]. - Trump criticized the project, comparing it unfavorably to a previous renovation he oversaw, which cost approximately $200 million [5]. Group 2: Interest Rate Discussion - Trump urged the Federal Reserve to lower interest rates, claiming that a reduction of 3 percentage points could save the government over $1 trillion annually [5]. - Financial analysts caution that lowering rates too soon could exacerbate inflation risks, which currently remain above the Fed's target of 2% [10]. - The Fed has maintained a cautious stance on interest rate cuts, with most economists predicting inflation rates to remain above 3% for the remainder of the year [10]. Group 3: Political Implications - Trump's ongoing criticisms of Powell and the Fed may be aimed at undermining Powell's credibility and justifying a potential dismissal [6][7]. - The political environment surrounding the Fed is tense, with Republican lawmakers also criticizing Powell, suggesting a coordinated effort to challenge his leadership [7]. - Analysts speculate that Trump's focus on the Fed's renovation costs serves to shift public attention from other issues, such as his legal troubles [9].

金十数据7月25日讯，随着通胀放缓以及政府和商界对经济陷入衰退的担忧加剧，俄罗斯央行具备进一 步下调关键利率的操作空间。机构对经济学家的调查显示，预计俄罗斯央行政策制定者将在周五会议上 连续第二次下调基准利率。其中六成受访者预计将降息200个基点至18%，一位分析师预期更大幅度降 息，另有三位预测降幅在100-150个基点之间。在俄乌冲突持续的背景下，此次利率决议将为下半年政 策定调。央行官员们正艰难平衡通胀风险与经济疲软加剧之间的矛盾。莫斯科Finam投资公司经济学家 Olga Belenkaya指出："俄罗斯央行必须对通胀显著放缓作出反应。否则实际利率上升可能导致经济过度 降温，加剧企业财务压力"。 经济学家：俄罗斯经济困境加剧，央行或加大降息力度 ...

贵金属周报(黄金与白银) 特朗普政府持续施压鲍威尔尽快降息， 美国经济与就业数据表现相对景气 黄金和白银 1、美国参众两院通过稳定币相关法案且特朗普将准许养老基金等投资黄金、数字货币等资产；进口关 税推升商品价格致美国6月消费端通胀CPI年率有所升高，初请失业金人数为21.7万低于预期和前值，但因 特朗普政府持续施压鲍威尔实施降息，使美联储9月降息概率有所升高但12月降息概率有所下降。 2、欧洲央行7月暂停降息使存款机制利率维持2%。欧元区与德法7月制造业PMI为49.8/49.2/48.4均延 续回升，欧元区(德国)6月消费者物价指数CPI年率为2%(2%)持平预期但高于前值(低于预期和前值)，拉加 德表示欧美贸易冲突升级或使通胀承压，使市场预期欧洲央行25年底前或降息1次左右。 3、英国央行5月关键利率下降25个基点至4.25%，延续24年10月至25年9月减持1000亿英镑政府债券。 英国6月消费者物价指数CPI（核心CPI）年率为3.6%（3.7%）高于预期和前值，7月SPGI制造(服务)业PMI为 48.2(51.2)高(低)于预期和前值，但因4-5月国内生产总值GDP月率连续为负，使英国央行8月降 ...

Group 1 - The core viewpoint of the articles revolves around President Trump's visit to the Federal Reserve, where he expressed a strong desire for interest rate cuts, indicating a potential influence on future monetary policy decisions [1][2]. - Trump's visit comes just before a crucial two-day interest rate meeting of the Federal Reserve, with market expectations leaning towards maintaining the current benchmark rate of 4.25%-4.50% [2]. - The dollar index showed a slight increase, reported at 97.57 with a rise of 0.09%, indicating a potential recovery from previous declines [1]. Group 2 - Trump's comments during the visit suggest a continued push for lower borrowing costs to stimulate economic growth, which he believes will benefit American businesses and consumers [2]. - Despite his previous criticisms of the Federal Reserve's monetary policy, Trump's tone during this visit appeared more conciliatory, opting for public appeals rather than direct pressure [2]. - The technical analysis of the dollar index indicates a fragile recovery, with key resistance levels at 98.400 and support at 96.377, suggesting that the index's future movements will be closely watched [3].