中信证券：明年美联储全年或降息50bps左右"/> <meta property="og:contentid" content="comos:nhcrpzq9388382"/> <meta property="og:url" content="https://finance.sina.cn/2025-12-22/detail-inhcrpzq9388382.d.html"/> <meta property="og:time" content="2025-12-22 08:27:19"/> <meta property="og:published_time" content="2025-12-22 08:27:19"/> <meta property="og:updated_time" content="2025-12-22 08:27:19"/> <meta property="og:author" content="格隆汇APP"/> <meta property="og:site_name" content="手机新浪网"/> <meta property="og:locale" content="zh_CN"/> <meta property="article:modified_time" content="2025-12-22 08:27:19"/> <meta property="article:published_time" content="2025-12-22 08:27:19"/> <meta property="og:description" content="格隆汇12月22日｜中信证券研报称，美国11月失业率进一步上行，非农就业人数仍处于较低水平。同时，11月非农就业增长结构也较差。类似地，ADP就业增长也继续在低位水平，较多行业也出现负增长情况。整体而言，当前美国就业市场继续弱势运行，短期该趋势或将持续，明年美"/> <meta property="og:image" content="//n.sinaimg.cn/default/2fb77759/20151125/320X320.png"/> <meta property="og:category" content="财经"/> <meta property="article:section" content="财经"/> <meta property="article_tags" content="财经行业动态"/> <meta property="article_tags" content="中信证券"/> <meta property="article_tags" content="美联储"/> <meta property="article_tags" content="降息"/> <meta property="article_tags" content="美国"/>  <link rel="canonical" href="https://finance.sina.cn/2025-12-22/detail-inhcrpzq9388382.d.html?vt=4"/><meta name="publishid" content="nhcrpzq9388382, 美联储, 中信证券, 降息, 就业, 格隆, 失业率, 弱势, 负增长, 研报, 低位