EPISODE · Apr 20, 2026 · 6 MIN
美联储缩表能减2万亿？
from 深度
美联储缩表障碍不在准备金供给，而在被监管抬高的需求基线。三重机制推高需求，量化估算有1.2-2.1万亿美元缩减空间，15项改革菜单分类解读，中信证券可行性评估，不改变下半年降息判断。
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美联储缩表能减2万亿？
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