在2026年市场波动不断上升的情况下,主要中央银行预计将保持利率稳定或放松。 Major central banks expected to keep rates steady or ease in 2026 amid rising market volatility.

预计2026年全球货币政策将基本保持通融,美联储、英格兰银行、Norges银行和中国人民银行等主要央行可能会放松或保持利率稳定,而欧洲央行、加拿大银行、SNB和Riks银行则有望维持目前的利率。 Global monetary policy is expected to stay largely accommodative in 2026, with major central banks like the U.S. Fed, Bank of England, Norges Bank, and China’s PBOC likely to ease or hold rates steady, while the ECB, Bank of Canada, SNB, and Riksbank are expected to maintain current rates. 少数国家,包括日本的BoJ和澳大利亚的RBA可能会收紧。 A few, including Japan’s BoJ and Australia’s RBA, may tighten. 2025年,由于贸易紧张、关税和政策差异,尽管平均差幅较紧,市场波动加剧,公司债券的分散范围在扩大。 Corporate bond spread dispersion widened in 2025 due to trade tensions, tariffs, and policy divergence, increasing market volatility despite tighter average spreads. 2025年12月,印度的RBI将其回购利率削减了25个基点,达到5.25%,这是该年125个基点削减的一部分,理由是宏观经济状况有所改善。 In December 2025, India’s RBI cut its repo rate by 25 basis points to 5.25%, part of a 125 basis point reduction for the year, citing improved macroeconomic conditions.