欧洲中央银行管理委员会于2026年7月23日决定保持三大关键利率不变。1ECB主席克里斯蒂娜·拉加德表示，虽然中东冲突持续造成能源价格波动和通胀压力，但考虑到6月以来的多重因素，央行将采取数据依赖型的逐次会议决策方式，在9月前密切监测二阶效应和经济数据。1
通胀形势方面，欧元区6月通胀率为2.8%，低于5月的3.2%。1能源价格通胀从5月的10.8%降至6月的8.5%。1然而，6月以色列-伊朗停火后油价曾显著下跌，但随后再度上升，且胡塞武装对沙特船只的威胁可能进一步推高油价。1就业市场保持韧性，5月失业率为6.2%，接近历史低点。1
关于物价持续上升的传导机制，拉加德表示不存在二阶效应迹象。1ECB将在9月前接收两份月度通胀指标、二季度GDP数据、两份消费预期指数、一份员工薪酬指数和两份PMI数据。1
The Governing Council of the European Central Bank decided to maintain its three key interest rates unchanged on July 23, 2026.1 ECB President Christine Lagarde indicated that while the Middle East conflict continues to create energy price fluctuations and inflationary pressures, the central bank will adopt a data-dependent approach, making decisions on a meeting-by-meeting basis and closely monitoring second-round effects and economic developments through September.1
Eurozone inflation declined to 2.8 percent in June from 3.2 percent in May, with energy price inflation falling from 10.8 percent to 8.5 percent over the same period.1 The unemployment rate stood at 6.2 percent in May, approaching historic lows.1 Oil prices experienced significant volatility during the period, initially dropping following a Memorandum of Understanding and an Israeli-Iranian ceasefire in June, before rising again subsequently.1 Lagarde stated that the ECB is "not seeing" signs of second-round effects taking hold.1 Ahead of September, the ECB will receive two monthly inflation indicators, second-quarter GDP data, two consumer sentiment indices, one compensation index, and two PMI reports to inform its assessment.1
评论
还没有评论，欢迎留下第一条。