中信证券:美国 CPI 大幅低于预期,预计美联储明年降息两次

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ChainCatcher 消息,据金十报道,中信证券研报称,美国 11 月 CPI 大幅低于预期,核心服务通胀明显降温,但数据噪音较大、质量存疑。分析认为美国通胀前景趋于缓和,关税对物价的扰动将逐步减弱,租金通胀和超级核心通胀可能在明年维持中低增速。

尽管本次 CPI 报告对美元流动性构成短期利好,但数据质量问题和就业市场平静状态使降息预期不足以明显提振,预计美联储明年全年降息两次,各降息 25 个基点。

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