高盛策略師 Rich Privorotsky認爲，油價可能比傑克遜霍爾年會更重要。也就是說，在高盛看來，市場現在可能過度關注沃什的講話，而低估了油價對通脹和金融市場的影響。高盛認爲，如果油價下降：油價↓→ 通脹預期↓→ 消費者壓力↓→ 長端美債收益率↓→ 股票估值壓力↓→ 風險資產受益。因此，油價可能比沃什講話本身更重要。Privorotsky認爲，除非沃什明顯偏離此前的政策立場，否則傑克遜霍爾本身可能不會成爲“重大事件風險”。

歐洲央行管委卡扎克斯：不能讓通脹紮根。

The National Health Commission on Aug 28 released its 2025 Health Development Statistical Communique: total medical visits 10.65 bln in 2025, up 510 mln YoY; residents' life expectancy 79.25 years; maternal mortality 13.4 per 100,000; infant mortality 3.8 per 1,000. Reported cost control: average inpatient cost per stay 9,768.9 yuan, down 1.0% YoY on both current and comparable prices; average outpatient cost per visit 357.7 yuan, down 0.9% YoY. Preliminary total health expenditure 9.33672 tln yuan; financing mix—government 25.2%, social 47.7%, household 27.1%; per capita health spending 6,637.9 yuan; health spending 6.7% of GDP. Childcare: end‑2025 under‑3 slots 4.73 per 1,000 population, county‑level service coverage 98.8%; 126,000 childcare institutions, 6.657 mln slots and 1.431 mln staff.