负值非农与通胀隐忧交织 美联储降息预期持续搁浅——市场动态分析

投资观察
Mar 06

0909 ET——尽管二月非农就业数据意外跌入负值区间,但市场普遍认为这难以扭转美联储全年维持利率不变的决策基调。卡森集团分析师索努·瓦尔盖塞指出,本次报告实际录得减少9.2万人,与《华尔街日报》调查预期的增长5万人形成巨大反差,同时失业率微升至4.4%(前值4.3%)。这份报告犹如一记警钟,提醒市场劳动力市场的潜在风险远未消散。

更值得关注的是,当前通胀水平已然高企,而未来能源价格冲击与人工智能产业链瓶颈可能加剧这一态势。瓦尔盖塞强调,双重压力将形成合力,迫使美联储在降息决策上保持审慎态度——短期内启动降息的可能性已微乎其微。期货市场定价显示,投资者当前仅押注今年内会出现一次降息操作。

(END)道琼斯通讯社

2026年3月6日 09:09 ET(14:09 GMT)

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