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文件名称:“东升西落”核心假设有哪些?.docx
文件大小:5.86 MB
总页数:20 页
更新时间:2025-04-03
总字数:约小于1千字
文档摘要

Catalog

A W}DWAVSTWA*]. 2

2O25BR fiB4R?L?}NiA. 3

B. R fiW:W%%flBZ. 7

A. R tt?T 18

PMI 50.3%2025 2 ISM

PMI 50.3%

6.5

48.6%

1.8

50.7%

7.5

62.4%

PMI 53.5%52.6%0.952.2%2.262.6%ISMPMIISMPMI2025 2 ISM 52.8%

PMI 53.5%

52.6%

0.9

52.2%

2.2

62.6%

ISM

PMI

ISM

PMI

112025 3 57.9% 2022

11

63.1%764.0% 54.2% 2022

63.1%

7

65.7%63.5%

65.7%

24.3%34.9%11

2

4.3%

3

4.9%

11

3.9%19933.5%

3.9%

1993

-0.9%-1.2%20.2%0.6%0.3%0.4%2Wind2025

-0.9%

-1.2%

2

0.2%

0.6%

0.3%

0.4%

2

Wind

-0.4%-0.6%2

-0.4%

-0.6%

2

-1.5%

2

2

12.54.1%4%4%Wind15.11614.32025 2

12.5

4.1%

4%

4%

Wind

15.1

16

14.3

14.421.1

1

4.4

2

1.1

62.4%0.2

62.4%

0.2

FOMC

FOMC

22.122.23 11871902025 3 8 22 22.5

22.1

22.2

3 1

187

190

2

2

3

1

1

33

4

25050

250

50

4 3

1ChristopherJ.Waller

1

2024

12

2025

3

2025

3

122025

12

2025

50

2025 32024 12

2025 3

2024 12

ISMPMI

ISM

ISMPMI

ISM

32025

3

122024

12