未来可能有三个因素带动通胀缓慢下行，支持两次降息

《生物安全法案》议案新增八年缓冲期，下一步将等待分别在参众两院全体投票

该草案将为药明康德等法案点名的公司提供数年时间，重整业务以降低财务影响

澳大利亚央行维持利率在12年高位，符合市场广泛预期，同时维持中性立场

在当前菲利普斯曲线凹陷区间内，美联储将继续保持高利率水平更加持久

上市公司与未上市企业的收购和反向收购是中国当前发展阶段的现实选择，这两种模式能够实现四种功效：上市公司做大做强，“次新股”二次腾飞，优质企业进入资本市场，低效和低质资产退出市场

预计2024年美国经济增速将呈现前高后低走势，全年经济增速可能与去年水平大致相仿。展望未来，控通胀进入最重要、最艰难的最后一公里

美国第一季度经济增速降至近两年低点，通胀率升至令人不安的水平，持续一段时间以来的需求强劲和物价压力温和的趋势被打破，遏制了对软着陆的乐观预期

价格战愈演愈烈，小米汽车称锁单量已超7万；消息面密集冲击市场，固态电池概念早间再度拉升；

• Social security payment bases are increasing across various regions due to annual adjustments based on local average wages, which have been rising in recent years. This increase is causing higher costs for businesses and individuals, adding pressure to employment costs.
• In response to economic challenges and calls from businesses for reduced burdens, some local governments have implemented measures such as temporarily lowering medical insurance rates for employees. For example, Shanghai has reduced the rate from 10% to 9%, effective March 2024.
• Despite these reductions in medical insurance contributions, the overall burden of social security payments remains high due to the rigid increases in pension contribution bases. This situation is particularly challenging for small and medium-sized enterprises and flexible employment individuals who face significant financial strain from these adjustments.

• The State Council of China has issued new guidelines, known as the "new 'National Nine Articles'", aimed at enhancing supervision and risk prevention to promote high-quality development in the capital market. This includes full-chain management from listing to delisting, increased regulation of market institutions, and strengthened oversight of algorithmic and high-frequency trading to ensure market fairness.
• To implement these guidelines, the China Securities Regulatory Commission (CSRC) has released several draft rules, and stock exchanges are revising their business rules, forming a "1+N+X" policy system. These measures address issues revealed by stock market fluctuations since August 2023 and aim to resolve long-standing contradictions in the capital market.
• The new regulations emphasize stricter IPO standards, including higher thresholds for profitability and revenue on main boards and growth boards, while also focusing on improving company quality through rigorous entry barriers. This approach is expected to impact the scale of equity financing in 2024 significantly, with projections suggesting a substantial decrease compared to 2023.

推动资本市场高质量发展，既要解决长期积累的深层矛盾，也要更尊重市场规律，真正把选择权交给市场

【本文系数据通用户提前专享】推动资本市场高质量发展，既要解决长期积累的深层矛盾，也要更尊重市场规律，真正把选择权交给市场

【本文系数据通用户提前专享】企业减负和基本养老制度的可持续性如何兼顾？

推进退市需处理好两个关系：退市与维稳的政策平衡；强制退市与自愿、自主退市的边界。A股市场的制度选择可将强制退市与主动退出相结合

摩根大通首席美国经济学家Michael Feroli表示，他仍预计美联储将在7月首次降息，但仍需更多数据来做判断

国际货币基金组织(IMF)暗示，将小幅上调全球增长预测，但也警告称，如果未能应对通胀和债务挑战，世界经济仍将面临“不温不火的20年代”的风险

就在几个月前，华尔街大行还在轮番警告一项重要收入来源的创纪录行情料将结束。而如今，预计一些机构将上调对贷款业务盈利的预测

亚洲利率下行原因有二：全球层面，美国利率下滑将会为本地区利率带来压力；地区层面，内需低于趋势水平叠加信贷和通胀增速大幅放缓，也可能推动降息

摩根大通首席执行官杰米·戴蒙称，人工智能(AI)可能是他的银行正在努力解决的最大问题。戴蒙将AI的潜在影响与蒸汽机相提并论，并表示这项技术“几乎可以帮助所有工作”