NASDAQ26523▲ +0.72%DXY100.2▲ +0.58%US10Y5.00%▲ +0.75%VIX14.81▼ -13.39%OIL96.60▼ -8.72%GOLD4416▲ +1.93%MOVE80.64▼ -1.92%NASDAQ26523▲ +0.72%DXY100.2▲ +0.58%US10Y5.00%▲ +0.75%VIX14.81▼ -13.39%OIL96.60▼ -8.72%GOLD4416▲ +1.93%MOVE80.64▼ -1.92%

Ztrader · Research

See the structure

Research Flow for ongoing notes — Intelligence Library for permanent assets.Membership ≠ Library · EN / 中文One-click translateAI read-aloudFree · switch language in the header

Research Flow

Ongoing market research

Daily / event-driven notes. Membership unlocks full PRO reports — not Library products.

SubscribeArchive →
Intelligence Library

Permanent desk Bibles

Own the machinery once — 2 institutional Bibles (Yen Carry Bible · VIX Trading Bible). Membership never unlocks Library.

Browse LibraryMy Library →
2ARTICLES · 篇文章
0FREE · 免费
2PRO · 付费
4TOPICS · 主题

Two desks

Flow vs permanent assets

Subscribe for Research PRO notes. Buy Library Bibles once — membership does not unlock Library.

SubscribeLibrary →Archive →
Codex · KnowledgeOpen Codex →
Tag map1 topics · 2 notes — optional
Knowledge Topology1 nodes · 2 articlesAuto-rotating mobile mode
Knowledge Topology1 nodes · 2 articlesAuto-rotating mobile mode

#美国经济

RSS2 articles · p1/1
Cover for 假降息，真通胀：被特朗普绑架的美联储
FEDPRO
LATEST

Dec 12, 2025

假降息，真通胀：被特朗普绑架的美联储

一、表面“3%通胀”的温和叙事，掩盖的是结构性撕裂 先把“面板数据”摊开： 通胀 ：到 2025 年 9 月，美国 CPI 同比约 3.0% ，核心通胀也在 3% 左右 ，明显高于联储 2% 目标；Cleveland Fed 的 nowcast 显示 10–12 月月度通胀仍在 0.2–0.3% 区间徘徊，说明价格压力并未真正消失。

#美联储#特朗普#美国经济
Continue →