美联储哈玛克:11月通胀或存在数据收集扭曲问题,中性利率或比普遍预期更高

Blockbeats
Dec 21, 2025

BlockBeats 消息,12 月 21 日,美联储哈玛克表示,11 月通胀数据积极,可能是由于 10 月和 11 月上半月政府停摆造成的数据收集扭曲,而低估了 12 个月的价格增长。虽然劳工统计局报告称 11 月 CPI 同比上涨 2.7%,但针对数据测量困难进行调整后的估计值使其更接近预测者们普遍预期的 2.9% 或 3.0% 的水平。此外,哈玛克对降息的担忧核心在于她的观点,即中性利率水平比普遍认为的要高,且经济本身就具备在明年保持稳健增长的势头。中性利率无法直接观测,但可以通过经济运行状况来推断。(金十)

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