Core Viewpoint - The article emphasizes that the core theme of the A-share market remains the unprecedented low interest rate environment and the relative value of high-quality equity assets within the broader asset classes [1]. Monetary Policy Transmission Mechanism - The central bank has been focusing on improving the transmission mechanism of monetary policy, which is crucial for enhancing the efficiency of monetary policy [5]. - The transmission mechanism implies that when the central bank lowers the policy interest rate, banks subsequently reduce deposit rates, which allows them to lower loan rates, ultimately reducing the overall borrowing costs for enterprises and individuals [6][7]. Market Behavior and Self-Discipline - There are issues in the transmission chain where not all participants follow the rules, leading to discrepancies in interest rates offered by banks [8]. - An example illustrates how a bank can manipulate deposit rates to meet its KPIs, which can disrupt the market equilibrium and lead to a "theater effect" where all banks are forced to raise rates to compete [11][12]. Regulatory Changes - The article discusses new regulations aimed at clarifying the interest rate range for interbank deposits, which will limit the survival of high-interest deposit offerings [14]. - The focus has shifted from overall weighted rates to monitoring the deviation of individual deposit rates, making it harder for banks to use creative accounting to meet their deposit targets [14]. Impacts on Various Markets - For banks, the long-term outlook is positive as the reduction in "price gouging" will likely lower liability costs and stabilize interest margins [17]. - The bond market will see a significant impact on short-term rates, as non-bank asset management products can no longer rely on high-interest interbank deposits [17]. - Pure bond asset management products may face challenges as high-yield assets diminish, leading to lower returns for money market funds [17][19]. Stock Market Implications - The article concludes that the low interest rate environment continues to be a core factor for A-share investment, with a focus on high-quality equity assets as a relative value proposition [22]. - Investors are advised to be cautious, as the current equity market may not be suitable for those who frequently trade without strong judgment capabilities [22][27].

Group 1 - The central bank noted a relatively flat underlying trend in inflation for February [1] - The impact of the war has led to increased energy prices [1] - The global risk appetite has been reduced due to the ongoing conflict [1]

1. Report Industry Investment Rating - No relevant content provided 2. Core Viewpoints - On March 11, the liquidity situation was slightly tightened while remaining stable. Market sentiment weakened, and the bond market experienced overall volatile adjustments. Convertible bond market indices followed the upward trend, but most individual convertible bonds declined. Yields of U.S. Treasuries across various maturities generally rose, and yields of 10 - year government bonds in major European economies also generally increased [1][2] 3. Summary by Directory Bond Market News Domestic News - The Fourth Session of the 14th National Committee of the Chinese People's Political Consultative Conference concluded successfully on the morning of March 11 [4] - The 14th National People's Congress Financial and Economic Committee proposed to actively and orderly resolve local debt risks, optimize the debt structure of central and local governments, strengthen the efficiency assessment of local government special bond projects, and increase support for resolving non - standard and "double non" debts [5] - The committee also suggested continuing to implement a moderately loose monetary policy, reducing capital costs, and guiding funds to flow into the real economy [6][7] International News - On March 11, the U.S. Bureau of Labor Statistics announced that the CPI in February increased by 2.4% year - on - year, and the core CPI increased by 2.5% year - on - year. The market generally expected the Fed to keep interest rates unchanged in the next week's meeting, but some investors thought the Fed might need to maintain high interest rates for a longer period due to potential inflationary pressures from the war [8] - On March 11, the U.S. government announced a "Section 301" investigation targeting 16 economies including South Korea, China, and Japan, aiming to seek new tax measures [9] Commodities - On March 11, WTI April crude oil futures rose 4.55% to $87.25 per barrel, Brent May crude oil futures rose 4.76% to $91.98 per barrel, COMEX April gold futures fell 0.28% to $5183.9 per ounce, and NYMEX April natural gas futures rose 5.46% to $3.227 per million British thermal units [10] Liquidity Situation Open Market Operations - On March 11, the central bank conducted 265 billion yuan of 7 - day reverse repurchase operations at a fixed - rate and quantity - tender method with an operation rate of 1.40%. With 405 billion yuan of reverse repurchases maturing on the same day, the net capital withdrawal was 140 billion yuan [12] Funding Rates - On March 11, the liquidity situation was slightly tightened while remaining stable, and major repurchase rates increased. DR001 rose 4.51bp to 1.370%, and DR007 rose 2.42bp to 1.465% [13] Bond Market Dynamics Interest - rate Bonds - Spot bond yields: On March 11, market sentiment weakened, and the bond market experienced overall volatile adjustments. As of 20:00 Beijing time, the yield of the 10 - year Treasury active bond 250016 rose 0.65bp to 1.8140%, and the yield of the 10 - year CDB active bond 250220 rose 0.55bp to 1.9795% [16] - Bond issuance: Information on the issuance scale, winning bid yields, and other aspects of multiple bonds such as 25进出清发007 (additional issue 26) and 26贴现国债16 was provided [18] Credit Bonds - Secondary market trading anomalies: On March 11, 5 industrial bonds had a trading price deviation of over 10%, and 1 urban investment bond had a trading price deviation of over 10% [18][19] - Credit bond events: Huazhong Group may face a book loss of about 797 million yuan due to the potential recovery of idle land, and a subsidiary of Weinan Urban Investment Group was subject to an enforcement of 144 million yuan [20] Convertible Bonds - Equity and convertible bond indices: On March 11, the three major A - share indices rose, and the convertible bond market followed the upward trend. The CSI Convertible Bond Index, Shanghai Stock Exchange Convertible Bond Index, and Shenzhen Stock Exchange Convertible Bond Index rose 0.34%, 0.14%, and 0.65% respectively. Most individual convertible bonds declined, with 161 rising, 192 falling, and 21 remaining flat [21] - Convertible bond tracking: News such as the upcoming listing of Haitian Convertible Bond, the potential downward revision of the conversion price of Zhongte Convertible Bond, and the early redemption of Baichuan Convertible Bond 2 was reported [27] Overseas Bond Markets - U.S. bond market: On March 11, yields of U.S. Treasuries across various maturities generally rose. The 2 - year U.S. Treasury yield rose 7bp to 3.64%, and the 10 - year U.S. Treasury yield rose 6bp to 4.21%. The yield spread between 2 - year and 10 - year U.S. Treasuries narrowed by 1bp to 57bp, and the yield spread between 5 - year and 30 - year U.S. Treasuries widened by 2bp to 107bp [23][24] - European bond market: On March 11, yields of 10 - year government bonds in major European economies generally rose. The 10 - year German government bond yield rose 8bp to 2.93%, and the 10 - year government bond yields of France, Italy, Spain, and the UK rose 9bp, 13bp, 9bp, and 12bp respectively [26] - Daily price changes of Chinese - funded U.S. dollar bonds: Information on the daily price changes, credit entities, bond balances, and other aspects of multiple Chinese - funded U.S. dollar bonds was provided [29]

Core Viewpoint - The shift in the government's work report from "actively preventing" financial risks to "steadily resolving" them indicates a transition to a focus on "clearing existing risks and curbing new ones," signaling a systemic restructuring of financial governance [2][11]. Group 1: Financial Risk Management - The key task of mitigating risks in small and medium financial institutions is crucial for preventing and resolving financial sector risks [4]. - The approach to financial risk control has evolved from merely managing risks to actively eliminating them, with a focus on comprehensive risk resolution [11][12]. - The government aims to enhance capital supplementation for small banks, establishing a long-term mechanism to improve their resilience and service capabilities [12]. Group 2: Support for New Employment Groups - The "three vehicles and two workers" group faces three main challenges in financial services: inadequate insurance coverage, low financing accessibility, and insufficient service convenience [5][6][7]. - Financial institutions are encouraged to develop tailored products for this group, such as specialized insurance and flexible credit options that align with their income patterns [8]. - A collaborative mechanism is needed to break down data barriers and implement policy support, ensuring financial services meet the specific needs of these new employment groups [8]. Group 3: Support for Physical Stores and SMEs - To support physical stores, a differentiated, community-oriented, and integrated online-offline approach is essential [9]. - Financial institutions should innovate credit products based on operational data, reduce financing costs, and enhance service efficiency to meet the unique needs of small and micro enterprises [10]. - A collaborative mechanism involving government guidance, financial support, and platform empowerment is crucial for the sustainable development of physical stores [10].

Core Viewpoint - The article emphasizes the strategic importance of Shanghai as a global financial center, focusing on its role in the internationalization of the Renminbi and the promotion of cross-border financial services under the national top-level design [3]. Group 1: Shanghai's Role in International Finance - Shanghai is positioned as a core hub for financial reform and opening up, aiming to become a global center for Renminbi asset allocation and risk management [3][5]. - The city is set to enhance its offshore financial capabilities, particularly through the development of free trade zones and offshore economic (financial) functional areas [5][6]. Group 2: Enhancements in Cross-Border Renminbi Usage - In 2025, Shanghai's cross-border Renminbi payment volume reached 32.4 trillion yuan, a 9% increase year-on-year, accounting for 46% of the national total [10]. - The city plans to facilitate cross-border Renminbi settlements by expanding the coverage of convenience policies and enhancing the efficiency of fund transfers [11]. Group 3: Attracting Foreign Investment - Shanghai's advantages in attracting foreign investment include a rich variety of financial products, high levels of internationalization, and robust financial infrastructure [13]. - The city will continue to improve its business environment for foreign investors by expanding pilot programs for free trade accounts and enhancing offshore financial services [14]. Group 4: Addressing Challenges in Cross-Border Trade - The article highlights the need to improve the convenience of foreign exchange management for traditional trade and support the healthy development of new trade formats like cross-border e-commerce [16]. - It also addresses the challenges posed by "small currency" exchange difficulties and emphasizes the importance of providing comprehensive financial services tailored to the needs of enterprises [16]. Group 5: Risk Management and Financial Security - The article stresses the importance of balancing financial openness with risk prevention, advocating for enhanced monitoring of cross-border capital flows [17]. - It calls for the integration of technology in risk management, utilizing big data to improve the efficiency of financial oversight [17]. Group 6: Digital Currency Initiatives - The establishment of the Digital Renminbi International Operation Center in Shanghai is seen as a significant step in enhancing the city's financial capabilities, with three major platforms launched to facilitate cross-border digital payments [19][20].

1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints of the Report - The export and import growth rates in the first two months were significantly better than expected, but the growth rates in March may adjust significantly, and the export downward risk may increase after the second quarter [27]; - China's exports in 2026 are expected to perform well, with the export growth rate expected to reach around 17% in the first quarter under the neutral scenario [28]; - The Mideast situation has increased the volatility of major asset classes, and the conflict may develop into a "war of attrition" or a slight easing, with the trading logic transitioning from risk - aversion to stagflation [28]; - The downward space for certificate of deposit rates in the short - term is limited [29]; - The CPI is being repaired, the PPI's year - on - year decline continues to narrow, and the bond market is expected to be volatile in the long - term [29]. 3. Summary by Directory Macro Data Overview - GDP growth rate in Q4 2025 was 4.5%, down from 4.8% in the previous quarter and 5.4% in the same period last year [1]; - In February 2026, the manufacturing PMI was 49.0%, down from 49.2% in the previous month and 50.2% in the same period last year; the non - manufacturing PMI was 49.5%, unchanged from the previous month but down from 50.4% in the same period last year [1]; - In January 2026, the social financing scale was 7220.8 billion yuan, much higher than 817.8 billion yuan in the previous month and 7054.6 billion yuan in the same period last year [1]; - In February 2026, CPI increased by 1.3% year - on - year, up from 0.7% in the previous month and - 0.7% in the same period last year; PPI decreased by 0.9% year - on - year, an improvement from - 2.2% in the previous month and the same period last year [1]; - In December 2025, the cumulative year - on - year growth rate of fixed - asset investment was - 3.8%, down from - 0.5% in the previous period and 3.2% in the same period last year; the cumulative year - on - year growth rate of total retail sales of consumer goods was 3.7%, down from 4.5% in the previous period but up from 3.5% in the same period last year [1]; - In February 2026, the export amount increased by 39.6% year - on - year, up from 5.9% in the previous month and - 3.1% in the same period last year; the import amount increased by 13.8% year - on - year, up from 1.9% in the previous month and 1.6% in the same period last year [1]. Commodity Investment Reference Comprehensive - Since March, many banks, mainly local commercial banks, have collectively lowered deposit rates, and the long - term deposit rates have generally entered the "1 - digit" range. The deposit rates of small and medium - sized banks are expected to continue to decline but at a slower pace [2]; - On March 11, 32 domestic commodity varieties had positive basis, and 36 had negative basis. The basis of Shanghai nickel, Shanghai tin, and Zhengzhou cotton was the largest, while that of apples, butadiene rubber, and live pigs was the smallest [2]; - The Zhengzhou Commodity Exchange will adjust the trading margin and daily price limit of apple futures contracts 2604 and 2605 from March 16 [2]; - The US inflation data in February met market expectations, but the impact of the oil price surge caused by the Iran situation was not reflected, and more data is needed to determine when the Fed will cut interest rates again [3]; - The energy price surge caused by the Iran war is reshaping the European Central Bank's policy expectations. The ECB may raise interest rates earlier than expected, and the price risk is upward [3]. Metals - In February, global physical gold ETFs had an inflow of about $5.3 billion, with the total gold holdings reaching a record high of 4171 tons, and the total asset management scale reaching a record $701 billion [4]; - Peru has approved the environmental assessment report of Buenaventura's Trapiche copper project, with an expected investment of $3.4 billion [5]; - The Polish central bank maintains a gold reserve target of 700 tons [6]; - As of March 11, 2026, the silver holdings of the world's largest silver ETF decreased by 115.51 tons, while the gold holdings of the world's largest gold ETF increased by 3.71 tons [6]; - Indonesia is evaluating a policy to cut coal and nickel production, and a decision may be submitted in June or July [6]. Coal, Coke, Steel, and Minerals - The coal inventory of Indian power plants is 54.05 million tons, sufficient for about 24 days of consumption [7]. Energy and Chemicals - On March 12, Brent crude oil exceeded $99 per barrel, and US oil futures rose by more than 6%. It was reported that Iranian boats attacked two oil tankers in Iraqi waters [8]; - The International Energy Agency agreed to release 400 million barrels of strategic oil reserves, and many countries, including the US, Japan, and Germany, also plan to release reserves to stabilize oil prices [8][16][17]; - Iran warns that it will implement a "serial strike" strategy and has the ability to block the Strait of Hormuz. Western attempts to lower oil prices may fail [9]; - Iraqi oil ports have stopped operations. The EU warns that if oil prices remain high, inflation in the EU may exceed 3% this year [9]; - OPEC maintains its forecast for global oil demand growth in the current and next years, but the impact of the geopolitical situation on oil demand is still uncertain [9]; - The US crude oil inventory in Cushing reached its highest level since August 2024 last week [9]; - The EU is considering measures to suppress energy prices, including setting a cap on natural gas prices [10]. Agricultural Products - After the Spring Festival, the domestic live - pig market has been in a slump, and the DCE live - pig futures price has reached a record low [11]; - In February, Malaysia's palm oil inventory decreased by 3.94% month - on - month, production decreased by 18.55% month - on - month, and exports decreased by 22.48% month - on - month [11]. Financial News Compilation Open Market - On March 11, the central bank conducted 26.5 billion yuan of 7 - day reverse repurchase operations, with a net withdrawal of 14 billion yuan on the day [12]. Important News - The Fourth Session of the 14th National Committee of the Chinese People's Political Consultative Conference closed on March 11, and the Fourth Session of the 14th National People's Congress will close on March 12 [13]; - As of the end of January, the balance of inclusive small and micro - enterprise loans in China was 37.6 trillion yuan, with a year - on - year growth of 11.4%. The average interest rate of newly issued loans in January decreased by 0.16 percentage points compared with the average rate in 2025 [13]; - The People's Bank of China held a science and technology work meeting in 2026, putting forward requirements for scientific and technological work in 2026 [14]; - The National People's Congress Financial and Economic Committee proposed six suggestions for budget implementation and fiscal work in 2026, including actively and orderly resolving local debt risks and optimizing the debt structure of the central and local governments [14]; - Among nearly 1,800 "fixed - income +" funds, 94% had positive returns this year. The newly established "fixed - income +" funds in 2026 had a total issuance scale of 36.2 billion yuan [15]; - Since March, many banks have lowered deposit rates, and the deposit rates of small and medium - sized banks are expected to continue to decline but at a slower pace [15]; - The first batch of savings bonds in 2026 were in high demand and were quickly sold out [15]; - The Hong Kong Special Administrative Region Government plans to increase the borrowing limit of the infrastructure bond plan and the government sustainable bond plan from HK$500 billion to HK$900 billion [15]; - US President Trump said that the military action against Iran is "about to end," but US and Israeli officials have not received instructions to stop [16]; - The International Energy Agency agreed to release 400 million barrels of strategic oil reserves, and many countries plan to release reserves to stabilize oil prices [16]; - The US will release 172 million barrels of oil from its strategic reserves, and will replenish the reserves by 200 million barrels next year [17]; - The US Trade Representative's Office plans to conduct a "301 investigation" related to forced - labor finished products, covering about 60 countries [17]; - The US government budget deficit in February 2026 was $308 billion, and the budget deficit from the beginning of the fiscal year to February was $1.004 trillion, a 12% decrease compared with the same period last year [17]; - Amazon issued euro - denominated bonds for the first time, with a scale of 14.5 billion euros, and plans to invest A$750 million in an automated logistics hub in Australia [18]; - There are major events in the bond market, including new defaults, credit rating changes, and bond redemptions [18][19]. Bond Market Summary - The inter - bank bond market in China was weak, with most yields of major interest - rate bonds rising slightly. Treasury bond futures declined, and the 30 - year main contract led the decline. The inter - bank market liquidity was slightly tightened [21]; - In the exchange bond market, some bonds rose, while others fell [21]; - The CSI Convertible Bond Index rose by 0.34%, and the Wind Convertible Bond Equal - Weighted Index rose by 0.05% [22]; - Most money market interest rates rose [22]; - Most short - term Shibor rates rose [23]; - Most inter - bank repo fixed - rate prices were flat or rose [23]; - The yields of some government bonds and financial bonds in the primary market were determined [24]; - European and US bond yields rose across the board [24][25]. Foreign Exchange Market - On March 11, the on - shore RMB against the US dollar rose by 18 basis points at the 16:30 close, and the central parity rate of the RMB against the US dollar was raised by 65 basis points [26]; - In the New York market, the US dollar index rose by 0.32%, and non - US currencies showed different trends [26]. Research Report Highlights - CICC believes that the foreign trade data in the first two months were better than expected, but the growth rates in March may adjust, and the export downward risk may increase after the second quarter [27]; - CITIC Securities believes that China's exports in 2026 will perform well, with the first - quarter export growth rate expected to reach around 17% [28]; - Huatai Securities believes that the Mideast situation has increased the volatility of major asset classes, and the conflict may develop into a "war of attrition" or a slight easing [28]; - CITIC Securities believes that the downward space for certificate of deposit rates in the short - term is limited [29]; - Changjiang Securities believes that the CPI is being repaired, the PPI's year - on - year decline continues to narrow, and the bond market is expected to be volatile in the long - term [29]. Today's Reminders - On March 12, 215 bonds will be listed, 208 bonds will be issued, 120 bonds will be paid, and 156 bonds will be redeemed or pay interest [30][31][32]. Stock Market News - On Wednesday, the Shanghai Composite Index rose by 0.25%, the Shenzhen Component Index rose by 0.78%, the ChiNext Index rose by 1.31%, and the market turnover was 2.53 trillion yuan. The new energy and chemical sectors performed well, while the military and rare metal sectors declined [32]; - The Hong Kong stock market opened higher and closed lower. The Hang Seng Index fell by 0.24%, the Hang Seng Tech Index fell by 0.11%, and the Hang Seng China Enterprises Index fell slightly. Southbound funds had a net purchase of more than HK$3.4 billion, while Tencent Holdings had a net sale of more than HK$2.4 billion [32].

Core Viewpoint - Raízen, a Brazilian sugar and ethanol producer, is undergoing an out-of-court debt restructuring process involving approximately 65 billion Brazilian Reais (about 12.6 billion USD) in debt, with major creditors including international and local financial institutions [1][2]. Group 1: Debt Restructuring Details - Raízen has agreed to initiate an out-of-court debt restructuring program, pausing repayments to seek creditor support for a more comprehensive restructuring plan within 90 days [2]. - The restructuring options may include capital injections from shareholders, converting some debt into equity, or asset sales [2]. - The disclosure of the creditor list provides clearer insight into the scale of risk faced by various financial institutions involved in this significant debt crisis [2]. Group 2: Major Creditors - The largest known creditor is BNP Paribas, holding approximately 4.2 billion Brazilian Reais (about 810 million USD) [3]. - Other banks, including Banco Bradesco, Banco Santander, Coöperatieve Rabobank, and Sumitomo Mitsui Banking Corp., each hold around 2 billion Brazilian Reais in debt [3]. - Itaú Unibanco, the largest private financial group in Brazil, has an exposure exceeding 1 billion Brazilian Reais [3]. Group 3: Financial Challenges - Raízen, once a leader in Brazil's biofuel sector, is now facing severe financial difficulties due to high interest rates, consecutive poor harvests, and large upfront investments that have yet to yield returns [5][6]. - The company's dollar-denominated bond prices have fallen to levels typically indicative of distress, and its credit rating has been significantly downgraded to junk status [6]. - Concerns about the scale of its debt continue to grow, compounded by protracted negotiations regarding support from major shareholders, which further heightens investor apprehension about the company's future [7].

Market Overview - The central bank conducted a 7-day reverse repurchase operation of 26.5 billion yuan at a fixed rate of 1.40%, with a net withdrawal of 14 billion yuan for the day after 40.5 billion yuan of reverse repos matured [3][4]. - The interbank market showed a slight tightening, with the weighted average rate of DR001 rising over 4 basis points to around 1.37% [5][6]. - The latest transaction rate for one-year interbank certificates of deposit was approximately 1.557%, showing a slight decline from the previous day [7]. Key Financial Events - The National Development Bank plans to issue up to 35 billion yuan in financial bonds on March 12 [17]. - Amazon intends to issue bonds to raise at least 37 billion dollars to support its significant investments in artificial intelligence infrastructure [17]. Global Macro Insights - The International Energy Agency (IEA) proposed the largest-ever release of oil reserves to stabilize soaring oil prices amid the conflict between the U.S. and Iran, exceeding the 182 million barrels released during the Russia-Ukraine conflict [15]. - European Central Bank officials expressed differing views on interest rate hikes due to the Iran situation, with some suggesting faster increases while others believe current rates should remain unchanged [15]. Investment Risks - Recent reports indicated various non-standard asset risks, including trust plans and financing lease disputes, highlighting potential vulnerabilities in the market [19].

Economic Insights - The U.S. economy is showing resilience, but internal momentum is weakening, with GDP growth expected to slow to 2.2% in 2025, primarily due to government shutdown impacts[2] - AI-related investments are becoming a significant growth pillar, contributing over 1 percentage point to GDP growth in Q1, Q2, and Q4 of 2025, with contributions of 1.29%, 1.17%, 0.55%, and 1.16% respectively[2] - The labor market is experiencing a fragile stabilization, with non-farm payrolls showing volatility and overall conditions still trending downward[5] Inflation Dynamics - Inflation remains sticky, with core inflation driven by non-housing services being a key variable; the super core CPI remains strong[5] - Energy inflation, influenced by geopolitical factors, could see a 10% rise in oil prices pushing energy CPI up by approximately 2.4%, contributing about 0.15 percentage points to overall CPI[6] Monetary and Fiscal Policy - The Federal Reserve is adopting a cautious stance, with potential policy shifts expected post-chairman transition in May; current effective federal funds rate may be below the nominal neutral rate[7] - Fiscal policy is expected to provide strong support to GDP growth in Q1 2026, contributing approximately 2 percentage points, but this support is projected to decline in subsequent quarters[8] Government Strategy - The Trump administration is refocusing its strategy, emphasizing domestic political mobilization and a "New Monroe Doctrine" in foreign policy, prioritizing the Western Hemisphere[9] - The administration's military strategy aims to avoid prolonged conflicts, favoring limited military actions to achieve strategic objectives[10] - Trade policy remains uncertain, with recent court rulings affecting tariff implementations, yet the administration continues to explore new tariff measures as negotiation tools[11]

然而，这位来自北卡罗来纳州的共和党参议员重申了他的立场：在司法部结束对现任美联储主席杰 罗姆·鲍威尔（Jerome Powell）的调查之前，他将阻止任何央行人事任命通过参议院银行委员会。 蒂利斯将这项调查称为"虚假调查"，并希望其能尽快结束。 "我希望我们能够消除我对这项调查的反对意见，这样我们就能让他（沃什）及时上任，赶上5月的 日子，"蒂利斯对记者表示。 会面前，蒂利斯曾对媒体表示，他本就对沃什的能力"印象已经很深刻"，并了解其过往工作，这也 正是他对当前处境感到"非常沮丧"的原因——在另一个问题解决之前，他无法投下赞成票。蒂利斯 透露，会面中沃什并未对正在进行的调查发表评论，他也未要求对方就此表态。 蒂利斯在参议院银行委员会的投票至关重要。若缺少他的支持，沃什的提名可能无法在委员会获得 足够票数并推进至参议院全体投票环节。 现任美联储主席鲍威尔的任期将于今年5月结束。截至当前，沃什能否在此之前顺利完成确认程序并 接任主席一职，仍存在不确定性。 来源丨国际财闻汇 美国总统特朗普提名的下一任美联储主席人选凯文·沃什（Kevin Warsh）3月11日与关键共和党参 议员汤姆·蒂利斯（Thom Tillis ...