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美国二季度实际 GDP 数据初值将公布 如 GDP 再次负增长会有哪些影响?
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从美国、中国、全球角度看
如果再次出现负增长,美国将很难找到新的重大增长点,经济衰退可能“如期而至”。 中国最大的优势是制造业,只是也很难像2009年那样,推出一系列的经济复兴计划。 从全球经济来看,各经济体短时期内都很难找到新的增长点。
俄罗斯或成此次危机中的“最大赢家”
7月26日,国际货币基金组织(IMF)公布了最新一期《世界经济展望》。
欧美国家经济增速明显放缓,但其中有一个国家的情况要比之前的预测情况好的多,那就是俄罗斯。
IMF4月份时给出的俄罗斯经济增长预期分别是萎缩8.5%和2.3%,但这次修正后,预期俄今年和明年将分别萎缩6%和3.5%。
虽然乌克兰战争严重损害了俄罗斯经济,但战争引发的石油和天然气价格上涨,推高了俄罗斯的出口收入。此外,俄罗斯央行通过迅速提高利率,还巧妙应对了西方国家实施经济制裁的影响。
俄罗斯或成此次危机中的“最大赢家”。
美国是如何走到现在的?
2020年3月中旬,为应对全球疫情危机,美联储降息,美联储资产负债大规模扩张,两年后已达到9万亿美元,相当于2007年7月美国次贷危机爆发前的10倍。 美国政府大规模扩大债务,加大社会救助力度,至2022年2月1日债务已突破30万亿美元,与2020年初相比,增加了约7万亿美元。 2021年3月开始,美国CPI出现加快上涨态势,从2月同比上涨1.7%,提高到10月的6.2%且继续保持上升压力。 2021年11月,美联储宣布开始收缩购债规模,并发出可能加息的提示。 2022年2月,美国CPI同比增长7.9%,超出人们的预期。 2022年3月中旬,美联储宣布加息0.25个百分点,并停止扩大债务。3月CPI同比上升8.5%,创下最近40年来最高水平。 2022年4月,CPI有所降低但仍达到8.3%。5月美联储再次加息0.5个百分点,并宣布从6月开始推动缩表(指资产负债表)。
实际执行上,量化宽松扩表容易缩表很难,最后美联储远未缩表到位。
更重要的是,美国严重的通货膨胀,并不完全是政府救助、央行扩表推动的需求扩张、经济增长引发的,还存在着供给端受阻的影响。
事已至此,如果结果真的如IMF预测的一般,美国政府会气到跳脚吧。
来源:金色财经 |
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