德国联邦统计局数据显示，德国9月份消费者价格指数同比上涨2.4%，环比上涨0.2%。同时，调和 消费者价格指数也呈现上升趋势，同比上涨2.4%，环比上涨0.2%。剔除波动较大的食品和能源价格后 的核心通胀率为2.8%，涨幅高于整体通胀水平。 （原标题：德国9月份通胀率为2.4%） ...

Core Viewpoint - The Federal Reserve's recent comments on inflation indicate a serious concern about rising prices, with a specific focus on maintaining the 2% inflation target, which has been a long-standing policy goal since 2012 [3][5][9] Inflation Indicators - The core PCE inflation rate, a key indicator monitored by the Federal Reserve, peaked at over 5% in 2023 but has since decreased to 3.9% as of August [3] - The Consumer Price Index (CPI) showed a decline from 9.1% in June 2022 to 3.7% in September 2023, yet essential items like food, housing, and healthcare continue to rise [5] Market Sentiment and Expectations - Public expectations for inflation remain high, with a survey indicating a 3.6% expectation for the next year, suggesting a lack of confidence in returning to the 2% target [5] - Market reactions to Federal Reserve signals have shown volatility, with the probability of interest rate hikes increasing from 15% to over 30% in early October [7] Monetary Policy Actions - The Federal Reserve has raised interest rates to a range of 5.25% to 5.50%, the highest level in 22 years, which increases borrowing costs for consumers and businesses [7] - The total credit card debt in the U.S. surpassed $1 trillion in Q2 2023, indicating significant financial pressure on consumers [7] Economic Challenges - The Federal Reserve faces a dilemma between managing rising debt levels among consumers and businesses and controlling inflation, which remains stubbornly high [9] - The potential for further interest rate hikes or balance sheet reduction could tighten market liquidity, impacting economic growth [11] External Factors - Ongoing trade issues, particularly between the U.S. and China, and rising international oil prices are contributing to inflationary pressures, complicating the Federal Reserve's policy decisions [5][9]

Core Insights - Germany's inflation rate rose to 2.4% in September, the highest level of the year, influenced by increased service prices and a slowdown in the decline of energy prices [1][1][1] Inflation Data - Food prices in Germany increased by 2.1% year-on-year in September, while energy prices decreased by 0.7% [1][1] - The core inflation rate, excluding food and energy, was recorded at 2.8% for the month [1][1] - Service prices saw a year-on-year increase of 3.4%, surpassing the previous two months' rate of 3.1% [1][1] Economic Commentary - The head of the Federal Statistical Office noted that after a continuous decline since the beginning of the year, the inflation rate has risen for the second consecutive month [1][1] - The Federal Ministry of Economics and Energy indicated that the service sector remains the primary driver of price increases in Germany, with expectations that the inflation rate will remain slightly above 2% by the end of the year [1][1][1] Eurozone Context - The Eurozone's inflation rate for September was reported at 2.2%, up from 2% in August, remaining above the European Central Bank's medium-term target [1][1]

新华财经悉尼10月14日电（记者李晓渝）澳大利亚国民银行最新发布的一份报告显示，9月澳大利亚的 商业信心指数上升3点至7点，商业状况指数则维持在8点不变。 瓦纳迦斯说，商业状况指数维持在8点不变，处于自2024年中期以来的最高水平，但仅比长期平均水平 高出1点。这表明，与历史常态相比，目前的状况仅是略有好转。从分项指标来看，企业对贸易状况的 评估上升了3点，达到16点，比历史平均水平高出4点。盈利能力也小幅上升了1点，达到6点。然而，用 工指标下降了2点，至3点，这意味着企业未通过增加用工来应对商业状况的变化。 他说，澳大利亚国民银行的调查指出了企业保持相对谨慎的几个原因。首先，远期订单指标在8月达到 长期平均水平后，9月下降了3点，说明向好的贸易环境变化可能无法持久。其次，澳大利亚企业似乎已 经持有相对较高的库存水平，让库存指标上升了4点，达到10点，这是近期的最高水平。在此背景下， 调查显示企业的资本支出略有减弱，相关指标下降2点至7点，这意味着商业环境需要得到持续改善才能 鼓励企业大幅增加投资。 此外，他还表示，9月稳固的商业状况增强了企业对未来的信心，推高商业信心指数3点至7点，扭转了8 月下降4点的 ...

Core Insights - Germany's inflation rate rose to 2.4% in September, the highest level of the year, influenced by an increase in service prices and a slowdown in the decline of energy prices [1][1][1] Inflation Data - Food prices in Germany increased by 2.1% year-on-year in September, while energy prices decreased by 0.7% [1][1] - The core inflation rate, excluding food and energy, was recorded at 2.8% for the month [1][1] - Service prices saw a year-on-year increase of 3.4%, surpassing the previous two months' rate of 3.1% [1][1] Economic Commentary - The head of the German Federal Statistical Office noted that after a continuous decline since the beginning of the year, the inflation rate has risen for the second consecutive month [1][1] - The German Federal Ministry for Economic Affairs and Energy indicated that the service sector remains the primary driver of rising prices, with expectations that the inflation rate will remain slightly above 2% by the end of the year [1][1][1] Eurozone Context - The Eurozone's inflation rate for September was reported at 2.2%, an increase from 2% in August, remaining above the European Central Bank's medium-term target [1][1]

Core Points - Federal Reserve Chair Jerome Powell is set to speak at the National Association for Business Economics, marking his first public appearance since the September FOMC meeting, with investors keenly awaiting insights on interest rate policy direction [1] - The Fed lowered interest rates by 25 basis points to a range of 4.00%-4.25% during the September meeting, with nearly unanimous support, except for new board member Stephen Miran, who advocated for a 50 basis point cut [1] - There is a notable division among Fed officials regarding future rate cuts, with one faction advocating for further reductions this year, while another believes the current stance is sufficiently accommodative, adding uncertainty to future policy paths [1][2] Economic Context - The Fed's dual mandate of achieving maximum employment and price stability is currently challenged by competing concerns, as signs of a cooling labor market suggest potential vulnerabilities in employment, while inflation remains stubbornly above the 2% target for the past five years [2] - Powell's focus on the labor market could indicate room for one or two more rate cuts before year-end, whereas an emphasis on persistent inflation would raise the threshold for further easing, suggesting a pause in rate cuts at the upcoming October meeting [3] Data Challenges - The speech occurs amid a government shutdown that has halted the release of key employment and inflation reports, complicating the Fed's ability to make informed policy decisions [1][3] - Investors currently perceive a 97% probability of another rate cut at the October meeting, according to the CME FedWatch tool, highlighting market expectations despite the lack of new economic data [3]

Core Insights - Goldman Sachs economists report that by the end of this year, U.S. consumers will bear more than half of the costs associated with President Trump's tariff actions, specifically 55% of the tariff costs [1] - The report indicates that U.S. businesses will absorb 22% of the tariff costs, while foreign exporters will take on 18% through price reductions, and 5% will be avoided [1] - The economists note that due to the time required for price adjustments, U.S. businesses may currently be shouldering a larger share of the costs [1] Economic Impact - Tariffs have already caused a 0.44% increase in core personal consumption expenditure prices in the U.S. this year, with potential inflation rates rising to 3% by December, significantly above the Federal Reserve's 2% target [1] - Goldman Sachs has revised its expectations regarding the impact of tariffs, previously estimating that U.S. consumers would bear about 22% of the costs as of June, but now projecting this figure to rise to 67% [2] Political Response - The White House spokesperson stated that while U.S. consumers may face a transitional period due to tariffs, the ultimate cost will be borne by foreign exporters [1] - In response to the tariffs, businesses are diversifying and relocating supply chains, including moving production back to the U.S. [1] - President Trump has criticized Goldman Sachs for their previous predictions regarding market reactions and tariffs, asserting that they have been wrong in their assessments [3]

Group 1 - The core viewpoint of the articles highlights a rebound in gold and silver prices following a significant drop, with December 2025 gold futures rising by 1.58% to $4035.50 per ounce on October 10 [1] - The U.S. Labor Department is recalling employees to compile the Consumer Price Index report for September, which is expected to be released before the Federal Reserve's policy meeting on October 28-29 [1] - The University of Michigan reported a slight decrease in the consumer confidence index for October, with an initial value of 55, compared to 55.1 in September, while economists had anticipated a lower figure of 54.2 [1] Group 2 - The World Gold Council reported record inflows into gold exchange-traded funds (ETFs) in the third quarter, with September accounting for over 60% of the total inflow, amounting to 145.6 tons valued at over $17.3 billion [2] - In the third quarter, gold ETF holdings increased by 221.7 tons, valued at nearly $26 billion [2] - Silver futures for December delivery also saw an increase, rising by 0.76% to $47.52 per ounce on the same day [3]

根据捷克统计局数据，7月捷克消费者价格同比上涨自6月的2.9%放缓至2.7%，环比下降0.5%。价 格同比上涨放缓主要受食品价格涨幅放缓及燃料价格同比下降的影响。食品和非酒精饮料价格同比上涨 5.2%。燃料价格同比下降8.8%，电力价格下降4%，天然气价格下降7.9%。环比看，商品价格下降 0.2%，服务价格上涨1.4%。 （原标题：2025年7月捷克通胀率放缓至2.7%） ...

新华财经圣保罗10月10日电（记者杨家和）受财政政策不确定性及国会否决关键财政法案影响，当地时 间9日巴西金融市场承压运行。圣保罗证券交易所基准股指Ibovespa当天下跌0.31%，收于141708.19点； 雷亚尔兑美元汇率下挫0.61%，美元收报5.3754雷亚尔。 （文章来源：新华财经） 阿达同时提及，巴西最高法院已确认总统在相关税收政策中的法律权限，为政府在年底前维持财政稳定 提供了"必要保障"。 在宏观经济层面，巴西地理统计局当天公布数据显示，9月全国广义消费者物价指数（IPCA）环比上涨 0.48%，低于市场预期的0.52%。截至9月的12个月累计通胀率为5.17%。 受国内政治与财政因素叠加影响，巴西股市当日盘中虽一度重返143000点，但最终受石油巨头巴西国家 石油公司股价下跌拖累收低。与此同时，受全球市场避险情绪升温及美元走强影响，雷亚尔进一步走 弱。 巴西央行当天上午还举行了4万份美元掉期续作拍卖，用以对冲11月3日到期的合约，维持外汇市场流动 性稳定。 分析人士指出，市场情绪受前一日晚间国会下架政府关于金融交易税（IOF）替代方案的临时法令影 响。该法令原为卢拉政府提出的主要财政平衡措 ...