来源:CSC研究 海外\x26amp;大类资产团队核心观点(1)鲍威尔考虑调整联储框架,是否突发事件?不是联储每5年对框架进行重审和修订,上一次是2020年,今年修订是既定流程。尽管这个时点(美债跌、关税冲击通胀)很微妙,但框架调整本身在预期内,市场已多次讨论。(2)2020年上一次框架声明,主要的修改有哪些?新判断:持续性的低利率,比以往更容易受到零利率下限的制约、更容易出现通胀和就业下行的风险...
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