J.P.摩根全球宏观数据观察2019年6月：增长下调与央行利率预期

报告摘要

本报告由J.P.摩根发布，涵盖全球经济增长下修、央行利率预测转向鸽派、美中关税影响及多国经济分析。核心内容包括美国零售销售展望、中国活动数据、欧元区核心通胀缓慢上升、日本消费税推迟讨论等，为投资者提供宏观策略参考。

📋 核心要点(部分)

1. US-China tariffs: Out of the frying pan…, EM monetary policy: Easy come easy go, Japan: Pros/cons of postponing the VAT hike, Euro area: Country details signal very slow rise in core, German auto sector: Gauging the spillovers and new shocks, Climate change and the macroeconomy: a first look, Taiwan's export sector adjusts to US-China trade conflicts, Philippines: Restarting the fiscal engine