美银美林:滞胀风险下,美联储大概率不降息,但要降就得大降

华尔街见闻
Mar 10, 2025

美国经济增长与通胀数据相互矛盾,滞胀风险为美联储政策前景增添不确定性。 根据美银美林最新报告,美国经济正处于一个微妙的平衡点:一方面面临消费支出疲软、企业信心下降和关税政策冲击;另一方面却有通胀压力上升的担忧。 这种滞胀风险正在重塑市场对美联储政策路径的预期——不降息可能仍然是最有可能的结果,只是大幅降息的风险有所增加。 美国银行经济学家Aditya Bhave表示: 这种滞胀压力意味着美联储...

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