为何鸽声未歇但美股市场涨幅有限?

格隆汇
Dec 12, 2025

本文来自格隆汇专栏:周浩宏观研究,作者:周浩、黄凯鸿近期,美联储再次降息25个基点,年内已累计降息75个基点,然而美股涨幅有限。北京时间12月11日凌晨,美联储如期宣布下调联邦基金利率25个基点,使目标区间落于3.50%至3.75%之间。然而,尽管美联储如期在12月议息会议上宣布降息,美股市场上涨,但上涨幅度有限;市场并未出现以往那般的亢奋行情。美股三大股指当日上涨1个百分点左右。其中,...

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