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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡-行業數據

2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡
2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡
同樣是降息即將到來，與 2024 相對較接近的宏觀情形是 2019 年：1）美國經濟似乎都在朝著軟著陸的方向發展，且首次降息都更像是一次“預防式降息”；2）同樣都是鮑威爾掌管聯儲，貨幣政策都是數據依賴框架，預期管理的方式也基本類似；3）中國、歐洲經濟也都處于走弱的環境中。
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第1頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第2頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第3頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第4頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第5頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第6頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第7頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第8頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第9頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第10頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第11頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第12頁
2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第13頁
2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第14頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第15頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第16頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第17頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第18頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第19頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第20頁
2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第21頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第22頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第23頁
2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第24頁
2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第25頁
2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第26頁
2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第27頁
2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第28頁
2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第29頁
2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第30頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第31頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第32頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第33頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第34頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第35頁
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2019年與2024年對比：更低的通脹，更低失業率——更好的風險平衡_第36頁
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所屬報告： 有色金屬行業深度報告：歷史上首次降息前后金銅價格走勢如何？-240806（35頁）.pdf
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