BTC $78,787.67 -0.34%
ETH $2,491.26 +0.96%
BNB $703.24 +1.07%
XRP $1.41 -2.14%
SOL $101.11 +4.29%
TRX $0.3343 -0.97%
DOGE $0.0869 +0.52%
ADA $0.2092 -0.97%
BCH $266.60 +0.02%
LINK $11.55 +1.46%
HYPE $80.95 -0.84%
AAVE $124.81 -2.37%
SUI $0.7495 -1.54%
XLM $0.1830 -0.68%
ZEC $782.27 +0.08%
BTC $78,787.67 -0.34%
ETH $2,491.26 +0.96%
BNB $703.24 +1.07%
XRP $1.41 -2.14%
SOL $101.11 +4.29%
TRX $0.3343 -0.97%
DOGE $0.0869 +0.52%
ADA $0.2092 -0.97%
BCH $266.60 +0.02%
LINK $11.55 +1.46%
HYPE $80.95 -0.84%
AAVE $124.81 -2.37%
SUI $0.7495 -1.54%
XLM $0.1830 -0.68%
ZEC $782.27 +0.08%

中金:鲍威尔讲话不应视为货币宽松起点

2025-08-26 07:51:46

ChainCatcher 消息,据金十报道,中金研报指出,美联储主席鲍威尔在 Jackson Hole 会议的讲话被市场解读为“鸽派”信号,但并未给出降息的持续性与幅度指引。中金认为,鲍威尔的言论阐明了美联储的“反应函数”,即在就业风险大于通胀时倾向降息。然而,当前高关税与收紧移民政策下,就业与通胀风险并存,鲍威尔可能会在通胀风险超越就业时停止降息。市场应认识到货币政策面临的挑战,风险偏好可能下降,波动加剧。

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