?¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

??????��??/STRONG>

????ç¾?欧å??ºæ??ç»????¡ä???ï¼?欧央è¡?3??ä¼?è®?????0bpï¼????????³å?ä¸???ï¼?ä½??¨å£°?????ä¸?¼ºè°?ä¿??¤é????稳å??§ï????¶æ???5?????????å¼?ï¼?ç¡??¶ä?件å??å¸??ºå?ç¾????¨ç??????????¾è????温ï??¥æ??¤®è¡?3??ä¼?è®?»´??è´§å??¿ç?ä¸?????

????欧洲ï¼?ç¾?欧å??ºæ??ç»????¡ä???ï¼?欧央è¡?????0bpï¼????????³å?ä¸?????

  • ????å¸??ºæ??????ç»?¿®å¤???é£??£æµªå°?ï¼?欧央è¡?3??ç»´æ??????0bp??ç¡?è°·é?¶è?????å£?¿¡è´·ä?件æ?¥è?è§þ@??å¸??ºé?¿é?©æ??ç»???å°½ç?两起äº?件å???¨å??¹ä??¥ä?è¶?äº?å¹³æ???ä½???????ç»?½®èµ·æ½®?½ä??´ï?å¸??ºä???对æ?å¤???????????å·²ä?ä¸??¨ç??3??5??????50bp大å?è½???3??ä»???25bp??é£??£æµªå°?ä¹???ï¼?欧央è¡?宣å?ä¸?è°??¿ç??©ç??50bpï¼?并维??缩表计å????

  • ???????????ºç??????¹å??ï¼?ä½?????é£??©ä»¤é¹°æ´¾ç©ºé?´å?ä¿???

    ????1. 为ä?ä¹???50bpï¼??¸å??????§æ?§ä????????»è????????³è?声æ??å¼?ç¯?å®?è°???é¢?计é????å°??¨å??¿ç???¶é?´å??ä¿????¨å?é«???æ°´å¹³????欧å???????¸å?CPI??æ¯????¼å???´æ?°é?ï¼?å°½ç??½æ?ä»·æ?¼å¤§å¹?ä¸?è¡?ï¼?ä½?ä»??¨å???¸å?????ä»·æ?¼æ???ä¼?导ï?23å¹???欧å???ºä??±å??°ç???¸å?????????ä½?äº???å¹´å????æ°´å¹³ï¼?å°½ç?å·¥è?å¢???å°?平稳ï¼?ä½????¡ä??¨ç?人é?¨é?¨ç??æ¶?费修å¤?ä¸???¸´?¾è??é«?äº??????????³å?¨å????¼ºï¼?è¿????³ç????????æ½??¨ä?è¡?é£??©ã?????ä¼?è®??å¤??å°?23å¹´å?¨å¹´???¸å?????é¢?æµ?ä¸?è°?äº?0.4ï¼???.6ï¼???????å¾·å??称æ??????ä»????è¦???????

    ????2. ????é£??©ä?顾å??ï¼??³è????注é??维稳??ç»??并为5????ä½??°ã???©ç??ç»´æ???¨é?ä½??¿å????§é????é£??©ï?è¿?????å¤?é¢???ä¸?å¸??ºæ??ç»???åºþ=????ï¼?å¤????许ä?å¾?ä¸?ä»??ºé?å¤??????»å¹³è¡¡é????稳å??§ã?????ä¼?è®?£°??ä¸????大é???³ä?????稳å???æ­£é?¢æ???ï¼?2??声æ??ä¸?²¡??ï¼?以维稳å??ºæ??ç»??声称欧å???ºé?¶è?ä¸??§æ?§å??足ï?ä¸??¿ç?å·¥å?·ç?å°????¶ä¸º????ä½?ç³»æ??ä¾?æµ??¨æ?§æ????ï¼?ä»???ä¿??¤è´§å¸??¿ç???ä¼?导é???????þ@?ï¼?ä¸?ä¸?次声??ä¸???ç¡???ç¤????????åºþ????????????声æ????????ä¸?次ä?è®????????ä¼?ï¼?为å??ç»??¿ç???ä¸?ä½??°ã??

  • ????ä»·æ?¼ä?????稳å???????ï¼??¥ä??¥å?继续??????稳å???è§?å¯?çª??£æ????????å¾·å?¨å??å¸?ä¼?ä¸?称价?¼ç¨³å®???????稳å?ä¹??´å¹¶???????³ç³»ï¼???no trade-off??ï¼?ï¼??³è?声æ??ä¹??¨å???è¡??´ä??°å?ºæ?å¤??å°?ä¼???ä¹????½å??å®??°è?两个??????å½???欧å???ºç???¸å????????°å?ºé??§æ?§ï?????²¡??ä¸?继续ä¸??»ç?????±ï?ä½???ç»?´§ç¼©ç?????å°?ä¸?????????稳å??§æ?½å?????¨é??????å¼±æ?§å???????§æ?§ç??????????ä¸?ï¼?å¤??ä¸?å¾?ä¸? ???°å??ä¸?èµ·è????ï¼?è°¨æ????è¡???

????ç¾??½ï?ç¡??¶ä?件å???????????温ï????¨è´·?ºæ?°æ???¾ç¤º?¶è?èµ????¢è?ç´§ã??ç¾??½é?¶è?ä¸?èµ????¢è?ç´§ï???????15?¥å???????¨è´´?°ç??£è´·?ºè???è¾?528.5亿ç???ï¼??´æ?è´·å?±æ?ºä»¥?¥è?å½?ï¼????¶ï?BTFP?±è´·??19亿ç????????¨ä??¹é?¢å?¨é????ç²??§ä???ç»´æ??é«??©ç??ï¼?ä¸??¹é?¢å?¨è???è¶?ç´§ä???注å?¥æ??¨æ?§ï?èµ?产è??ºè¡¨?©è??.69ä¸?亿ç???ï¼?为å?»å¹´11??以æ?¥ç????é«?æ°´å¹³??

?????¥æ???å¤????å®?????足â??ï¼?????????????½å?þ=??ç»?????????é»??°å?¨ä»»????ä¸?次ä?è®?»´??è´§å??¿ç?ä¸???ï¼?屡å???°é???????并æ???¼å?¨å??¾æ?¿ç?ï¼???å®?????????????½å?þA¾¾?°â?????§é????????å­???ï¼??³æ?¥æ???½å?þ@??°ä¼´????å·¥è?ä¸?涨ç????æ±????¨å??????ï¼???4季度?°æ????????æ±??²è½¯??æ¤??°ç§°?????¿ç?ä»?????ï¼?ä½??©ä»·?????¹å????ä¼?????正常??ï¼???ç»????è½????¶ç?¹ä?é¢?????å¼?ä¸???æ³¢å?¨ã??

????é£??©æ??示ï???????ç»??§è?é¢???ï¼??¨ç??è´§å??¿ç??¶ç´§è¶?é¢???ï¼?????é£??©å???§ã??

????æ­£æ??

????Evidence&ï¼?Analysis

?????????¨ç??å¤?????¹æ?°æ???´æ?°ï?

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

?????´è?å®?è§???æ³?ï½??¨å?°å??ä¸?èµ·è???????¨ç??å¤??追踪ç¬?????

????é£??©æ??示ï???????ç»??§è?é¢???ï¼??¨ç??è´§å??¿ç??¶ç´§è¶?é¢???ï¼?????é£??©å???§ã??

?³é?????读ï? ?°å??

责任���??�nbsp;RF12607
精彩?¨è??
??è½½æ?´å?
?¨é?¨è?è®