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万腾外汇:美国就业通胀数据意外走强 经济走势是否仍支持降息?
Sou Hu Cai Jing· 2025-08-15 10:55
Group 1 - The core viewpoint indicates that the latest employment and price data from the U.S. show significant economic resilience, with initial jobless claims falling to 224,000, a decrease of 3,000 from the previous week, and remaining at a low level since November 2021 [1] - The Producer Price Index (PPI) for July increased by 3.3% year-on-year and 0.9% month-on-month, marking the largest monthly increase since June 2022, which suggests upward pressure on costs for goods and services [3] - The tight labor market and unexpectedly high PPI data reflect an imbalance within the economy, where strong employment may support consumer demand and wage growth, while rising costs could lead to sustained inflationary pressures [3] Group 2 - Investors should monitor inflation indicators and employment data in the coming weeks to assess potential adjustments in the Federal Reserve's policy path, which may influence stock, bond, and dollar market trends [4] - The recent data suggests that policymakers may need to be more cautious in their monetary policy operations to avoid misjudgments due to short-term data fluctuations [4]