从资金面的角度,2020 年疫情冲击促使美联储超常规放水,引发持续通胀压力。为应对物价走高,美联储自 2022 年初连续加息至今,资金面一直处于紧缩状态。今年,我们预期,利率方面的最好结果是不再继续加息。

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