为何我们认为 3 月美联储大概率不降息

9 12CPI12CPICPI 10CPI 20243 20111290 Z0017101 1.12CPI....................................................................................1 1.1202432024................................................................................................11.2............21.2.112CPI..................................................21.2.2.............................................31.2.3..............................................................................5 2............................................................................................................6 1.1.1:12CPI........................................................................................................11.1.2:CME FedWatch202432024...........................................................................................................21.2.1:12CPI.........................................................................31.2.2:CPI%....................................................................41.2.3:CPI%....................................................................41.2.4:CPI%....................................................................41.2.5:CPI%....................................................................41.2.6:12........................................5 1.12CPI 12CPICPI3.4%3.2%3.1%CPI0.3%0.2%0.1%CPI0.3%0.3%0.3%CPI3.9%3.8%4.0% 1.1202432024 12CPI102024370%CME FedWatch3FOMC100%2024150175 USDCNHUSDCNY10Bloomberg 1.2 1.2.112CPI 12CPI 1)20231212122.0%113.40.4%112.7 2)12CPI0.5%0.2% 3)12CPI1.80.9% 1.2.2 12CPICPI12CPICPI12CPICPI 12CPI10 iFinD iFinD 12CPICPI0.11%1011122023 0.44%12CPI 1.2.3 3FOMC20231220245FOMC20243 2. 12FOMCCPI2023112024GDP7.11 77.20 / 136310008400 8888 910www.nanhua.net603093