{"id":6041,"date":"2022-06-15T17:46:40","date_gmt":"2022-06-15T09:46:40","guid":{"rendered":"https:\/\/ma.tzjkj.com\/index.php\/2022\/06\/15\/6041\/"},"modified":"2022-06-15T17:46:40","modified_gmt":"2022-06-15T09:46:40","slug":"%e7%be%8e%e8%81%94%e5%82%a8%e5%86%b3%e8%ae%ae%e5%89%8d%e7%9e%bb%ef%bc%9a%e5%8a%a0%e6%81%af75%e5%9f%ba%e7%82%b9%e6%a6%82%e7%8e%87%e6%9c%80%e9%ab%98-%e6%b2%83%e5%b0%94%e5%85%8b2-0","status":"publish","type":"post","link":"https:\/\/ma.tzjkj.com\/index.php\/2022\/06\/15\/6041\/","title":{"rendered":"\u7f8e\u8054\u50a8\u51b3\u8bae\u524d\u77bb\uff1a\u52a0\u606f75\u57fa\u70b9\u6982\u7387\u6700\u9ad8 \u201c\u6c83\u5c14\u514b2.0\u201d\u65f6\u4ee3\u5f00\u542f\uff1f"},"content":{"rendered":"

\u4e0b\u8f7d\u65b0\u6d6a\u8d22\u7ecfAPP\uff0c\u4e86\u89e3\u5168\u7403\u5b9e\u65f6\u6c47\u7387<\/p>\n<\/blockquote>\n

\u3000\u3000\u8d22\u8054\u793e6\u670815\u65e5\u8baf\uff08\u7f16\u8f91 \u6f47\u6e58\uff09<\/font>\u5317\u4eac\u65f6\u95f4\u5468\u56db\u51cc\u66682\u70b9\uff0c\u7f8e\u8054\u50a8\u5373\u5c06\u516c\u5e036\u6708\u5229\u7387\u51b3\u8bae\uff0c\u968f\u540e\u7684\u51cc\u66682\u70b9\u534a\uff0c\u7f8e\u8054\u50a8\u4e3b\u5e2d\u9c8d\u5a01\u5c14\u5c06\u4e3b\u6301\u53ec\u5f00\u4f8b\u884c\u7684\u65b0\u95fb\u53d1\u5e03\u4f1a\u3002\u5728\u4e0a\u5468\u4e94\u7f8e\u56fd5\u6708CPI\u6570\u636e\u7206\u8868\u540e\uff0c\u4eca\u665a\u7684\u8fd9\u4e2a\u7f8e\u8054\u50a8\u8bae\u606f\u591c\u53ef\u8c13\u4e07\u4f17\u77a9\u76ee\uff0c\u5168\u7403\u5e02\u573a\u7684\u6295\u8d44\u8005\u90fd\u5c06\u805a\u7126\u4e8e\u9c8d\u5a01\u5c14\uff0c\u5173\u6ce8\u4ed6\u662f\u5426\u4f1a\u91c7\u53d6\u66f4\u5f3a\u6709\u529b\u7684\u7d27\u7f29\u884c\u52a8\u6765\u5c1d\u8bd5\u6d47\u706d\u9ad8\u901a\u80c0\u4e0b\u7684\u201c\u718a\u718a\u5927\u706b\u201d\u3002<\/p>\n

\u3000\u3000\u4ece\u91d1\u878d\u5e02\u573a\u7684\u9884\u671f\u770b\uff0c\u4eca\u665a\u7684\u7f8e\u8054\u50a8\u51b3\u8bae\u6beb\u65e0\u7591\u95ee\u5c06\u662f\u8fd1\u5e74\u6765\u6700\u4e3a\u5145\u6ee1\u620f\u5267\u6027\u7684\u4e00\u6b21\u3002<\/font><\/p>\n

\u3000\u3000\u56db\u5e74\u4efb\u671f\u5185\u4e00\u76f4\u5c31\u52a0\u606f\u95ee\u9898\u4e0e\u5e02\u573a\u5c0f\u5fc3\u6c9f\u901a\u7684\u9c8d\u5a01\u5c14\uff0c\u5176\u5b9e\u5728\u4e0a\u4e2a\u6708\u5c31\u65e9\u65e9\u548c\u5e02\u573a\u5b9a\u4e0b\u4e86\u57286\u6708\u4efd\u548c7\u6708\u4efd\u5206\u522b\u52a0\u606f50\u4e2a\u57fa\u70b9\u7684\u57fa\u7ebf\u60c5\u5883\uff0c\u7136\u800c\uff0c\u8fd9\u4e00\u51e0\u4e4e\u6240\u6709\u4eba\u90fd\u8ba4\u4e3a\u677f\u4e0a\u9489\u9489\u768450\u57fa\u70b9\u52a0\u606f\u8def\u5f84\uff0c\u5374\u5728\u7f8e\u8054\u50a8\u8fdb\u5165\u8bae\u606f\u4f1a\u8bae\u524d\u4e00\u5468\u7684\u7f04\u9ed8\u671f\u540e\uff0c\u53d1\u751f\u4e86\u5929\u7ffb\u5730\u8986\u7684\u6539\u53d8\u3002<\/p>\n

\u3000\u3000\u7531\u4e8e\u7f8e\u56fd5\u6708\u6d88\u8d39\u8005\u7269\u4ef7\u6307\u6570\uff08CPI\uff09\u610f\u5916\u5347\u81f31981\u5e74\u4ee5\u6765\u65b0\u9ad8\uff0c\u5e02\u573a\u6c89\u5bc2\u4e86\u591a\u65f6\u7684\u5bf9\u7f8e\u8054\u50a8\u53ef\u80fd\u5355\u6b21\u52a0\u606f75\u4e2a\u57fa\u70b9\u7684\u731c\u6d4b\uff0c\u5728\u521a\u521a\u8fc7\u53bb\u7684\u8fd9\u4e2a\u5468\u672b\u8fc5\u901f\u5347\u6e29\u3002<\/p>\n

\u3000\u3000\u4ece50\u4e2a\u57fa\u70b9\u523075\u4e2a\u57fa\u70b9\uff0c\u7f8e\u8054\u50a8\u7684\u52a0\u606f\u9884\u671f\u51e0\u4e4e\u5728\u77ed\u77ed\u4e24\u4e2a\u4ea4\u6613\u65e5\u5c31\u53d1\u751f\u4e86\u5de8\u53d8\uff0c\u6295\u8d44\u8005\u4e5f\u4f3c\u4e4e\u5728\u671d\u5915\u4e4b\u95f4\u5c31\u5b8c\u6210\u4e86\u5bf9\u6b64\u7684\u5fc3\u7406\u8f6c\u53d8\u3002\u81f3\u4e8e\u8fd9\u4e9b\u201c\u5589\u820c\u201d\u7206\u6599\u3001\u5e02\u573a\u9884\u6d4b\u662f\u5426\u51c6\u786e\u2014\u2014\u4eca\u665a\uff0c\u4e00\u5207\u663e\u7136\u5c31\u5c06\u6c34\u843d\u77f3\u51fa\u2026\u2026<\/font><\/p>\n

\u3000\u30006\u6708\u51b3\u8bae\u524d\u6295\u884c\u9884\u6d4b\u4e00\u89c8\uff1a\u52a0\u606f75\u57fa\u70b9\u6210\u4e3b\u6d41\u62bc\u6ce8<\/font><\/p>\n

\u3000\u3000\u6839\u636e\u829d\u5546\u6240\u7684\u7f8e\u8054\u50a8\u89c2\u5bdf\u5de5\u5177\uff08FedWatch Tool\uff09\u663e\u793a\uff0c\u76ee\u524d\u5229\u7387\u671f\u8d27\u5e02\u573a\u9884\u8ba1\u7f8e\u8054\u50a8\u4eca\u665a\u8bae\u606f\u4f1a\u8bae\u5ba3\u5e03\u52a0\u606f75\u4e2a\u57fa\u70b9\u6982\u7387\u5df2\u9ad8\u8fbe96.9%<\/font>\uff0c\u800c\u5269\u4e0b\u76843.1%\uff0c\u751a\u81f3\u5df2\u4e0d\u662f\u9884\u6d4b\u52a0\u606f50\u4e2a\u57fa\u70b9\uff0c\u800c\u662f\u52a0\u606f100\u4e2a\u57fa\u70b9\u3002<\/p>\n

<\/span><\/p>\n

\u3000\u3000\u9664\u4e86\u5229\u7387\u5e02\u573a\u7684\u5b9a\u4ef7\u5916\uff0c\u591a\u5bb6\u6295\u884c\u5168\u9762\u4e0a\u8c03\u5229\u7387\u524d\u666f\u7684\u6700\u65b0\u9884\u6d4b\uff0c\u4e5f\u80fd\u76f4\u89c2\u53cd\u6620\u5e02\u573a\u5bf9\u7f8e\u8054\u50a8\u52a0\u606f\u62bc\u6ce8\u7684\u8f6c\u53d8\u2014\u2014\u4e0b\u56fe\u662f\u77e5\u540d\u8d22\u7ecf\u535a\u5ba2\u7f51\u7ad9Zerohedge\u7edf\u8ba1\u7684\u5404\u4e3b\u8981\u534e\u5c14\u8857\u5927\u884c\u6700\u65b0\u5bf96\u6708\u51b3\u8bae\u7684\u52a0\u606f\u5e45\u5ea6\u9884\u6d4b\uff1a<\/font><\/p>\n

<\/span><\/p>\n

\u3000\u3000\u5176\u4e2d\uff0c\u5df4\u514b\u83b1\u3001\u6770\u5bcc\u745e\u3001\u6469\u6839\u5927\u901a\u3001\u9ad8\u76db\u548c\u91ce\u6751\uff0c\u90fd\u662f\u8fd1\u4e24\u5929\u88ab\u5404\u5a92\u4f53\u96c6\u4e2d\u62a5\u9053\u4e0a\u8c03\u52a0\u606f\u9884\u6d4b\u2014\u2014\u9884\u8ba1\u7f8e\u8054\u50a8\u672c\u5468\u5c06\u52a0\u606f75\u4e2a\u57fa\u70b9\u7684\u6295\u884c\u673a\u6784\u3002<\/p>\n

\u3000\u3000\u6574\u4f53\u6765\u770b\uff0c\u5728\u8fd9\u4efd\u7edf\u8ba1\u4e2d\uff0c\u9884\u6d4b\u7f8e\u8054\u50a8\u4eca\u665a\u52a0\u606f75\u4e2a\u57fa\u70b9\u7684\u6295\u884c\u6570\u91cf\u5df2\u7ecf\u8d85\u8fc7\u4e86\u9884\u6d4b\u52a0\u606f50\u4e2a\u57fa\u70b9\u7684\u6570\u91cf\uff0c\u800c\u8fd9\u8fd8\u4e0d\u6392\u9664\u5176\u4e2d\u6709\u4e9b\u6295\u884c\u5b58\u5728\u5c1a\u6765\u4e0d\u53ca\u4fee\u6b63\u9884\u671f\u7684\u53ef\u80fd\u3002<\/font><\/p>\n

\u3000\u3000\u5df4\u514b\u83b1\u9ad8\u7ea7\u7ecf\u6d4e\u5b66\u5bb6Jonathan Millar\u662f\u7387\u5148\u4f5c\u51fa\u52a0\u606f75\u4e2a\u57fa\u70b9\u9884\u6d4b\u7684\u4e1a\u5185\u4eba\u58eb\u4e4b\u4e00\u3002\u4ed6\u5468\u4e8c\u518d\u5ea6\u8868\u793a\uff0c\u201c\u4e00\u822c\u6765\u8bf4\uff0c\u5982\u679c\u4f60\u62c5\u5fc3\u81ea\u8eab\u4e3e\u52a8\u5bf9\u91d1\u878d\u5e02\u573a\u7684\u5f71\u54cd\uff0c\u4f60\u5c31\u4f1a\u5c0f\u5fc3\u7ffc\u7ffc\u5730\u884c\u52a8\u2014\u2014\u62c5\u5fc3\u53ef\u80fd\u4f1a\u6253\u7834\u67d0\u4e9b\u4e1c\u897f\u3002\u4f46\u5728\u8fd9\u79cd\u60c5\u51b5\u4e0b\uff0c\u6253\u7834\u662f\u503c\u5f97\u7684\u3002\u6211\u4eec\u6b63\u5904\u4e8e\u4e00\u4e2a\u975e\u5e38\u5173\u952e\u7684\u65f6\u523b\uff0c\u4ed6\u4eec\uff08\u7f8e\u8054\u50a8\uff09\u7684\u4fe1\u8a89\u4f3c\u4e4e\u5df2\u5f00\u59cb\u53d7\u5230\u4fb5\u8680\u3002\u201d<\/p>\n

\u3000\u3000\u6469\u6839\u5927\u901a\u548c\u9ad8\u76db\u4e0a\u8c03\u52a0\u606f\u9884\u671f\u7684\u65f6\u95f4\u70b9\u867d\u7136\u6bd4\u5df4\u514b\u83b1\u665a\uff0c\u4f46\u672c\u5468\u4e5f\u5747\u8d76\u5728\u8bae\u606f\u65e5\u524d\u5b8c\u6210\u4e86\u9884\u6d4b\u8c03\u6574\u3002\u6469\u6839\u5927\u901a\u7ecf\u6d4e\u5b66\u5bb6Michael Feroli\u5c31\u6697\u793a\uff0c\u957f\u671f\u901a\u80c0\u9884\u671f\u610f\u5916\u4e0a\u5347\uff0c\u7f8e\u8054\u50a8\u5b98\u5458\u4e0d\u4f1a\u53d7\u5236\u4e8e\u4e4b\u524d50\u4e2a\u57fa\u70b9\u7684\u52a0\u606f\u5e45\u5ea6\u3002\u4ed6\u751a\u81f3\u8ba4\u4e3a\u7f8e\u8054\u50a8\u672c\u6b21\u6709\u53ef\u80fd\u52a0\u606f100\u4e2a\u57fa\u70b9\u3002<\/p>\n

\u3000\u3000\u9ad8\u76db\u9996\u5e2d\u7ecf\u6d4e\u5b66\u5bb6Jan Hatzius\u5728\u5468\u4e00\u7684\u62a5\u544a\u4e2d\u4e5f\u5199\u9053\uff0c\u201c\u6211\u4eec\u4fee\u6b63\u4e86\u6211\u4eec\u7684\u9884\u6d4b\uff0c\u5c066\u6708\u548c7\u6708\u5404\u52a0\u606f75\u4e2a\u57fa\u70b9\u5305\u62ec\u5728\u5185\u3002\u8fd9\u5c06\u8fc5\u901f\u5c06\u57fa\u91d1\u5229\u7387\u8c03\u6574\u52302.25-2.5%\u7684\u6c34\u5e73\uff0c\u8fd9\u662fFOMC\u5bf9\u4e2d\u6027\u5229\u7387\u7684\u4e2d\u503c\u4f30\u8ba1\u3002\u7136\u540e\u6211\u4eec\u9884\u8ba19\u6708\u52a0\u606f50\u4e2a\u57fa\u70b9\uff0c11\u6708\u548c12\u6708\u52a0\u606f25\u4e2a\u57fa\u70b9\uff0c\u6700\u7ec8\u5229\u7387\u4fdd\u6301\u57283.25-3.5%\u4e0d\u53d8\u3002\u201d<\/p>\n

\u3000\u3000\u5f53\u7136\uff0c\u5c3d\u7ba175\u4e2a\u57fa\u70b9\u7684\u52a0\u606f\u547c\u58f0\u5df2\u6108\u53d1\u9ad8\u6da8\uff0c\u4f46\u76ee\u524d\u4f9d\u7136\u6709\u4e00\u4e9b\u4e1a\u5185\u4eba\u58eb\u76f8\u4fe1\uff0c\u7f8e\u8054\u50a8\u4eca\u665a\u4ecd\u5b58\u5728\u7ef4\u6301\u6b64\u524d\u8def\u5f84\u2014\u2014\u52a0\u606f50\u4e2a\u57fa\u70b9\u7684\u53ef\u80fd\u6027\u3002<\/font>\u7f8e\u56fd\u94f6\u884c\u7684\u7ecf\u6d4e\u5b66\u5bb6\u5c31\u8ba4\u4e3a\uff0c\u7f8e\u8054\u50a8\u4ecd\u5c06\u6309\u7167\u6b64\u524d\u4e0e\u5e02\u573a\u6c9f\u901a\u7684\u90a3\u822c\uff0c\u91c7\u53d650\u4e2a\u57fa\u70b9\u52a0\u606f\u3002<\/p>\n

\u3000\u3000\u8fd9\u4e9b\u575a\u5b88\u52a0\u606f50\u4e2a\u57fa\u70b9\u9635\u8425\u7684\u4eba\u58eb\u7ed9\u51fa\u7684\u7406\u7531\u662f\uff0c\u867d\u7136\u9c8d\u5a01\u5c14\u627f\u8bfa\u4f1a\u4fdd\u6301\u7075\u6d3b\uff0c\u4f4675\u4e2a\u57fa\u70b9\u7684\u4e3e\u52a8\u5c06\u6807\u5fd7\u7740\u8fd9\u4f4d\u4e3b\u5e2d\u6307\u5f15\u5e02\u573a\u65b9\u5f0f\u7684\u663e\u8457\u53d8\u5316\u3002Dreyfus&Mellon\u9996\u5e2d\u7ecf\u6d4e\u5b66\u5bb6Vincent Reinhart\u8868\u793a\uff0c\u201c\u9c8d\u5a01\u5c14\u4e3b\u5e2d\u8ba8\u538c\u8ba9\u5e02\u573a\u611f\u5230\u610f\u5916\uff0c\u867d\u713675\u4e2a\u57fa\u70b9\u4f3c\u4e4e\u662f\u53ef\u80fd\u7684\uff0c\u4f46\u4ed6\u4eec\u575a\u6301\u539f\u8ba1\u5212\u7684\u53ef\u80fd\u6027\u6bd4\u76ee\u524d\u5e02\u573a\u8ba4\u4e3a\u7684\u66f4\u9ad8\u3002\u201d<\/p>\n

\u3000\u3000\u9664\u4e866\u6708\u52a0\u606f\u5e45\u5ea6\uff1a\u4eca\u665a\u7f8e\u8054\u50a8\u51b3\u8bae\u8fd8\u6709\u54ea\u4e9b\u770b\u70b9\uff1f<\/font><\/p>\n

\u3000\u3000\u6beb\u65e0\u7591\u95ee\uff0c\u7f8e\u8054\u50a8\u7a76\u7adf\u4f1a\u57286\u6708\u52a0\u606f50\u4e2a\u57fa\u70b9\u8fd8\u662f75\u4e2a\u57fa\u70b9\uff0c\u5c06\u662f\u4eca\u665a\u8bae\u606f\u591c\u7684\u6700\u5927\u770b\u70b9\u3002\u65e0\u8bba\u7f8e\u8054\u50a8\u4f5c\u51fa\u4f55\u79cd\u9009\u62e9\uff0c\u90fd\u5c06\u4f1a\u662f\u4e00\u4e2a\u8f70\u52a8\u5168\u7403\u91d1\u878d\u5e02\u573a\u7684\u51b3\u5b9a\u3002\u4f46\u9664\u6b64\u4e4b\u5916\uff0c\u4eca\u665a\u7684\u8fd9\u4e2a\u7f8e\u8054\u50a8\u8bae\u606f\u4e4b\u591c\uff0c\u53ef\u80fd\u8fd8\u5b58\u5728\u7740\u4e0d\u5c11\u5176\u4ed6\u5173\u952e\u7684\u60ac\u5ff5\uff0c\u7b49\u5f85\u9c8d\u5a01\u5c14\u548c\u4ed6\u7684\u540c\u50da\u4eec\u7ed9\u51fa\u7b54\u6848\u2026\u2026<\/p>\n

\u3000\u3000\u4ee5\u4e0b\u662f\u4e1a\u5185\u4eba\u58eb\u6240\u7f57\u5217\u7684\u4eca\u665a\u51b3\u8bae\u591c\u9887\u53d7\u5173\u6ce8\u7684\u51e0\u5927\u5176\u4ed6\u770b\u70b9\uff1a<\/p>\n

\u3000\u3000\u2460\u7f8e\u8054\u50a87\u6708\u548c9\u6708\u7684\u52a0\u606f\u8def\u5f84\u4f1a\u5982\u4f55\uff1f<\/font><\/p>\n

\u3000\u3000\u65e0\u8bba\u7f8e\u8054\u50a8\u4eca\u665a\u52a0\u606f50\u4e2a\u57fa\u70b9\u8fd8\u662f75\u4e2a\u57fa\u70b9\uff0c\u5e02\u573a\u4eba\u58eb\u663e\u7136\u90fd\u4f1a\u975e\u5e38\u5173\u6ce8\u7f8e\u8054\u50a8\u4e0b\u4e00\u6b65\u4f1a\u600e\u4e48\u505a\uff1a<\/p>\n

\n

\u5982\u679c\u7f8e\u8054\u50a8\u672c\u6708\u4ec550\u4e2a\u52a0\u606f\u57fa\u70b9\uff0c\u90a3\u4e48\u9c8d\u5a01\u5c14\u662f\u5426\u4f1a\u91ca\u653e\u4e0b\u6708\u52a0\u606f75\u4e2a\u57fa\u70b9\u7684\u4fe1\u53f7\uff1f<\/p>\n<\/blockquote>\n

\n

\u800c\u82e5\u7f8e\u8054\u50a8\u672c\u6708\u5c31\u4e00\u4e3e\u52a0\u606f\u4e8675\u4e2a\u57fa\u70b9\uff0c\u8fd9\u4e001994\u5e74\u4ee5\u6765\u5c31\u672a\u89c1\u7684\u52a0\u606f\u529b\u5ea6\uff0c\u662f\u4e00\u6b21\u6027\u7684\u8fd8\u662f\u4f1a\u6210\u4e3a\u4eca\u590f\u7684\u52a0\u606f\u5e38\u6001\u5462\uff1f<\/p>\n<\/blockquote>\n

\u3000\u3000\u5728\u9887\u4e3a\u91cd\u89c6\u4e0e\u5e02\u573a\u6c9f\u901a\u7684\u9c8d\u5a01\u5c14\u6267\u638c\u4e0b\uff0c\u7f8e\u8054\u50a8\u4ee5\u5f80\u901a\u5e38\u4f1a\u5c3d\u53ef\u80fd\u4e0e\u5e02\u573a\u5145\u5206\u6c9f\u901a\uff0c\u907f\u514d\u5f15\u53d1\u51b3\u7b56\u9707\u8361\u3002\u800c\u5373\u4fbf\u8fd9\u4e00\u56de\u9c8d\u5a01\u5c14\u53ef\u80fd\u4e0d\u5f97\u4e0d\u201c\u81ea\u6211\u6253\u8138\u201d\u822c\u4e0d\u518d\u5ef6\u7eed\u6b64\u524d\u52a0\u606f50\u4e2a\u57fa\u70b9\u7684\u65e2\u5b9a\u8def\u5f84\uff0c\u4ed6\u4e5f\u6599\u5c06\u5728\u4f1a\u540e\u7684\u65b0\u95fb\u53d1\u5e03\u4f1a\u4e0a\uff0c\u5bf9\u672a\u6765\u7684\u52a0\u606f\u8def\u5f84\u4f5c\u51fa\u65b0\u7684\u6307\u5f15\u3002<\/p>\n

\u3000\u3000\u5728\u4e00\u5468\u524d\uff0c\u4eba\u4eec\u53ef\u80fd\u4f1a\u5bf9\u7f8e\u8054\u50a89\u6708\u4f5c\u4f55\u51b3\u7b56\u611f\u5230\u4e0d\u786e\u5b9a\uff0c\u800c\u968f\u7740\u5229\u7387\u9884\u6d4b\u7684\u91cd\u65b0\u201c\u6d17\u724c\u201d\uff0c\u7f8e\u8054\u50a8\u4e0b\u6708\u4f1a\u5982\u4f55\u505a\u2014\u2014\u9c8d\u5a01\u5c14\u4e5f\u5c06\u6709\u201c\u4e49\u52a1\u201d\u8fdb\u884c\u91cd\u65b0\u8bf4\u660e\u2026\u2026<\/p>\n

\u3000\u3000\u4ece\u5e02\u573a\u5b9a\u4ef7\u770b\uff0c\u76ee\u524d\u4e1a\u5185\u666e\u904d\u9884\u8ba1\u7f8e\u8054\u50a8\u5c06\u57286\u6708-9\u6708\u7684\u4e09\u6b21\u8bae\u606f\u4f1a\u8bae\u4e0a\u52a0\u606f\u7d2f\u8ba1\u52a0\u606f200\u4e2a\u70b9\u3002\u5176\u4e2d\uff0c\u4eca\u665a\u548c7\u6708\u6700\u6709\u53ef\u80fd\u5206\u522b\u52a0\u606f75\u4e2a\u57fa\u70b9\uff0c9\u6708\u52a0\u606f50\u4e2a\u57fa\u70b9\u3002<\/p>\n

<\/span><\/p>\n

\u3000\u3000\u2461\u7f8e\u8054\u50a8\u5229\u7387\u70b9\u9635\u56fe\u5c06\u4f1a\u51fa\u73b0\u54ea\u4e9b\u53d8\u5316\uff1f<\/font><\/p>\n

\u3000\u3000\u4f5c\u4e3a\u6bcf\u5b63\u5ea6\u4e00\u6b21\u5c06\u53d1\u5e03\u5229\u7387\u70b9\u9635\u56fe\u548c\u5b63\u5ea6\u7ecf\u6d4e\u5c55\u671b\uff08SEP\uff09\u62a5\u544a\u7684\u5b63\u5ea6\u6027\u51b3\u8bae\uff0c\u4eca\u665a\u5907\u53d7\u77a9\u76ee\u7684\u7f8e\u8054\u50a8\u5229\u7387\u70b9\u9635\u56fe\u65f6\u9694\u4e09\u4e2a\u6708\u540e\u53c8\u5c06\u4e0e\u6295\u8d44\u8005\u201c\u89c1\u9762\u201d\u3002\u800c\u672c\u6708\u7684\u70b9\u9635\u56fe\u4e5f\u5c06\u6709\u671b\u5411\u5e02\u573a\u76f4\u89c2\u5730\u53cd\u6620\u51fa\u51e0\u4e2a\u5173\u952e\u4fe1\u606f\uff1a\u4eca\u660e\u4e24\u5e74\u7f8e\u8054\u50a8\u52a0\u606f\u7684\u5e45\u5ea6\u7a76\u7adf\u53ef\u80fd\u8fbe\u5230\u591a\u5c11\uff1f\u7f8e\u8054\u50a8\u672c\u8f6e\u52a0\u606f\u7684\u7ec8\u70b9\uff0c\u53c8\u4f1a\u5728\u4f55\u65b9\uff1f<\/p>\n

\u3000\u3000\u76ee\u524d\uff0c\u5f6d\u535a\u793e\u8c03\u67e5\u7684\u7ed3\u679c\u663e\u793a\uff0c\u672c\u6708\u70b9\u9635\u56fe\u4e0a\u5bf9\u5e74\u672b\u5229\u7387\u7684\u9884\u6d4b\u4e2d\u503c\u53ef\u80fd\u5347\u81f33%\u5de6\u53f3\uff0c\u6bd4\u5f53\u524d\u5229\u7387\u9ad82\u4e2a\u767e\u5206\u70b9\u3002\u540c\u65f6\uff0c\u8fd9\u4e5f\u5c06\u6bd43\u6708\u65f6\u7684\u70b9\u9635\u56fe\u5927\u5e45\u4e0a\u79fb\u2014\u2014\u4eca\u5e743\u6708\uff0c\u7f8e\u8054\u50a8\u5b98\u5458\u5bf9\u5e74\u672b\u653f\u7b56\u5229\u7387\u7684\u9884\u4f30\u4ec5\u4e3a1.9%\u5de6\u53f3\u3002<\/p>\n

\u3000\u3000\u591a\u5bb6\u673a\u6784\u6b64\u524d\u4e5f\u5df2\u4e0a\u8c03\u4e86\u5e74\u672b\u5229\u7387\u9884\u671f\u3002\u6469\u6839\u5927\u901a\u9884\u8ba1\uff0c\u70b9\u9635\u56fe\u5c06\u53cd\u6620\u66f4\u5feb\u7684\u653f\u7b56\u7d27\u7f29\u6b65\u4f10\uff0c\u7f8e\u8054\u50a8\u5bf9\u8054\u90a6\u57fa\u91d1\u5229\u7387\u7684\u9884\u6d4b\u5c06\u663e\u793a\uff0c\u5e74\u5e95\u4e2d\u503c\u5c06\u8fbe\u52302.625%\uff0c\u8fdc\u9ad8\u4e8e3\u6708\u4efd\u9884\u6d4b\u76841.875%\u3002\u5bcc\u56fd\u94f6\u884c\u5219\u9884\u8ba1\uff0c\u70b9\u9635\u56fe\u201c\u4e0a\u79fb\u201d\u540e\uff0c\u5e74\u672b\u5229\u7387\u4e2d\u503c\u5c06\u8fbe\u52302.875%\uff0c\u903c\u8fd1\u7f8e\u8054\u50a8\u6b64\u524d\u63d0\u53ca\u7684\u4e2d\u6027\u5229\u7387\u533a\u95f4\u4e0a\u9650\u3002<\/p>\n

\u3000\u3000\u9664\u4e86\u7f8e\u8054\u50a8\u5bf9\u5e74\u5185\u7684\u5229\u7387\u9884\u6d4b\u5916\uff0c\u4eca\u665a\u7684\u70b9\u9635\u56fe\u4e5f\u6709\u671b\u53cd\u9988\u51fa\uff0c\u7f8e\u8054\u50a8\u5b98\u5458\u5f53\u524d\u7a76\u7adf\u9884\u8ba1\u672c\u8f6e\u52a0\u606f\u7684\u7ec8\u70b9\u5728\u4f55\u65b9\uff1f\u76ee\u524d\u4e00\u4e9b\u5e02\u573a\u9884\u6d4b\u5df2\u8ba4\u4e3a\uff0c\u968f\u7740\u7f8e\u8054\u50a8\u52a0\u5feb\u6536\u7d27\u653f\u7b56\uff0c\u5176\u5173\u952e\u9694\u591c\u5229\u7387\u53ef\u80fd\u5c06\u5728\u660e\u5e74\u5e74\u4e2d\u8fbe\u52304%\u7684\u5cf0\u503c\u3002<\/p>\n

\u3000\u3000\u2462\u7f8e\u8054\u50a8\u5bf9\u4e8e\u901a\u80c0\u7684\u6700\u65b0\u770b\u6cd5\u5982\u4f55\uff1f<\/font><\/p>\n

\u3000\u3000\u8ffd\u672c\u6eaf\u6e90\uff0c\u9020\u6210\u5e02\u573a\u5f53\u524d\u5bf9\u7f8e\u8054\u50a8\u672c\u5468\u6fc0\u8fdb\u52a0\u606f\u9884\u671f\u9ad8\u6da8\u7684\u4e3b\u8981\u539f\u56e0\uff0c\u4fbf\u662f\u4e0a\u5468\u4e94\u7206\u8868\u7684\u7f8e\u56fd5\u6708CPI\u6570\u636e\u3002<\/p>\n

\u3000\u3000\u7f8e\u56fd\u52b3\u5de5\u90e8\u4e0a\u5468\u4e94\u53d1\u5e03\u7684\u62a5\u544a\u663e\u793a\uff0c5\u6708\u4efd\u7f8e\u56fd\u6d88\u8d39\u8005\u4ef7\u683c\u540c\u6bd4\u4e0a\u6da88.6%\uff0c\u8fdc\u8d85\u9884\u671f\u7684\u540c\u65f6\u8fdb\u4e00\u6b65\u5237\u65b0\u4e8640\u5e74\u6765\u7684\u6700\u9ad8\u7eaa\u5f55\uff0c\u4e0d\u542b\u98df\u54c1\u548c\u80fd\u6e90\u7684\u6838\u5fc3\u6d88\u8d39\u8005\u4ef7\u683c\u540c\u6bd4\u4e0a\u6da86%\uff0c\u73af\u6bd4\u4e0a\u6da80.6%\uff0c\u540c\u6837\u9ad8\u4e8e\u9884\u671f\u3002\u8fd9\u4e00\u6570\u636e\u5f7b\u5e95\u6253\u7834\u4e86\u767d\u5bab\u6709\u5173\u51b3\u7b56\u8005\u7ba1\u4f4f\u4e86\u7f8e\u56fd\u4eba\u751f\u6d3b\u6210\u672c\u98d9\u5347\u7684\u8bf4\u6cd5\u3002<\/p>\n

<\/span><\/p>\n

\u3000\u3000\u800c\u5728\u672c\u5468\u7684\u5229\u7387\u51b3\u8bae\u4e2d\uff0c\u7f8e\u8054\u50a8\u5bf9\u5f53\u524d\u201c\u901a\u80c0\u89c1\u9876\u8bba\u201d\u7684\u7834\u706d\u7a76\u7adf\u5982\u4f55\u770b\uff0c\u663e\u7136\u4e5f\u5c06\u5907\u53d7\u77a9\u76ee\u3002\u5728\u8fd9\u65b9\u9762\uff0c\u6295\u8d44\u8005\u4eca\u665a\u4e00\u65b9\u9762\u9700\u8981\u5bc6\u5207\u7559\u610f\u5b63\u5ea6\u7ecf\u6d4e\u5c55\u671b\uff08SEP\uff09\u62a5\u544a\u4e2d\u5bf9\u672a\u6765\u4e09\u5e74\u7684\u901a\u80c0\u9884\u6d4b\uff0c\u53e6\u4e00\u65b9\u9762\u4e5f\u9700\u7740\u91cd\u5173\u6ce8\u7f8e\u8054\u50a8\u9c8d\u5a01\u5c14\u5728\u65b0\u95fb\u53d1\u5e03\u4f1a\u4e0a\u7684\u8868\u6001\u3002<\/p>\n

\u3000\u3000\u9c8d\u5a01\u5c14\u5c06\u4e8e6\u670822\u65e5\u548c23\u65e5\u53c2\u52a0\u56fd\u4f1a\u534a\u5e74\u4e00\u5ea6\u7684\u542c\u8bc1\u4f1a\u3002\u56fd\u4f1a\u8bae\u5458\u4eec\u773c\u4e0b\u6b63\u6301\u7eed\u5bf9\u9ad8\u7269\u4ef7\u6301\u6279\u8bc4\u6001\u5ea6\u3002\u4e00\u4e9b\u5206\u6790\u4eba\u58eb\u6307\u51fa\uff0c\u5728\u6b64\u4e4b\u524d\uff0c\u9c8d\u5a01\u5c14\u672c\u5468\u5728\u65b0\u95fb\u53d1\u5e03\u4f1a\u4e0a\u5bf9\u901a\u80c0\u7684\u770b\u6cd5\u5c06\u663e\u5f97\u683c\u5916\u91cd\u8981\u3002<\/p>\n

\u3000\u3000\u2463\u7f8e\u8054\u50a8\u662f\u5426\u4ecd\u5bf9\u7ecf\u6d4e\u8f6f\u7740\u9646\u4fe1\u5fc3\u6ee1\u6ee1\uff1f<\/font><\/p>\n

\u3000\u3000\u8fd1\u671f\u516c\u5e03\u7684\u591a\u9879\u6307\u6807\u663e\u793a\uff0c\u7f8e\u56fd\u7ecf\u6d4e\u52a8\u80fd\u5f00\u59cb\u653e\u7f13\uff0c\u800c\u968f\u7740\u7f8e\u8054\u50a8\u53ef\u80fd\u66f4\u4e3a\u6fc0\u8fdb\u5730\u52a0\u606f\uff0c\u534e\u5c14\u8857\u673a\u6784\u5bf9\u4e8e\u7f8e\u56fd\u7ecf\u6d4e\u53ef\u80fd\u9677\u5165\u8870\u9000\u7684\u62c5\u5fe7\u66f4\u662f\u4e0e\u65e5\u4ff1\u589e\u3002\u6469\u6839\u58eb\u4e39\u5229\u9996\u5e2d\u6267\u884c\u5b98James Gorman\u8fd1\u671f\u5c31\u8868\u793a\uff0c\u4f34\u968f\u7740\u7f8e\u8054\u50a8\u4e0e\u901a\u80c0\u7684\u4e0d\u65ad\u89d2\u529b\uff0c\u7f8e\u56fd\u7ecf\u6d4e\u8870\u9000\u7684\u53ef\u80fd\u6027\u5df2\u8fbe\u5230\u4e86\u4e94\u4e94\u5f00\u3002<\/p>\n

\u3000\u3000\u5c3d\u7ba1\u7f8e\u8054\u50a8\u653f\u7b56\u5236\u5b9a\u8005\u5e0c\u671b\u5b9e\u73b0\u6240\u8c13\u7684\u201c\u8f6f\u7740\u9646\u201d\u2014\u2014\u5373\u5728\u4e0d\u4f7f\u7ecf\u6d4e\u9677\u5165\u8870\u9000\u7684\u60c5\u51b5\u4e0b\u4f7f\u901a\u80c0\u964d\u6e29\uff0c\u4f46\u4e1a\u5185\u4eba\u58eb\u773c\u4e0b\u5374\u666e\u904d\u9884\u8ba1\u7f8e\u8054\u50a8\u6210\u529f\u7684\u6982\u7387\u8f83\u5c0f\u3002\u8fd9\u4ee4\u4eba\u4eec\u4eca\u665a\u4e5f\u6599\u5c06\u5bc6\u5207\u7559\u610f\u9c8d\u5a01\u5c14\u7684\u8868\u6001\uff0c\u770b\u770b\u7f8e\u8054\u50a8\u662f\u5426\u8fd8\u80fd\u5bf9\u7ecf\u6d4e\u8f6f\u7740\u9646\u4fe1\u5fc3\u6ee1\u6ee1\u2026\u2026<\/p>\n

\u3000\u3000FOMC\u7684\u6700\u65b0\u7ecf\u6d4e\u9884\u6d4b\u4e5f\u53ef\u4ee5\u8ba9\u4eba\u4eec\u4e86\u89e3\u5230\uff0c\u8be5\u59d4\u5458\u4f1a\u5bf9\u901a\u8fc7\u5931\u4e1a\u7387\u4e0a\u5347\u6765\u7ed9\u7ecf\u6d4e\u548c\u901a\u81a8\u964d\u6e29\u7684\u5b89\u5fc3\u7a0b\u5ea6\u3002\u8fd9\u4e9b\u9884\u6d4b\u53ef\u80fd\u663e\u793a\uff0c2023\u5e74\u548c2024\u5e74\u5931\u4e1a\u7387\u5c06\u4ece\u4eca\u5e74\u9884\u6d4b\u76843.5%\u4e0a\u5347\u3002<\/p>\n

<\/span><\/p>\n

\u3000\u3000Pictet Wealth Management\u7684\u9ad8\u7ea7\u7f8e\u56fd\u7ecf\u6d4e\u5b66\u5bb6Thomas Costerg\u8868\u793a\uff0c\u201c\u73b0\u5728\uff0c\u8033\u8fb9\u542c\u8d77\u6765\u5c31\u50cf\u5168\u662f\u901a\u80c0\u3001\u901a\u80c0\u3001\u901a\u80c0\uff0c\u800c\u6211\u4eec\u5c06\u8ba4\u771f\u89e3\u8bfb\uff0c\u4ed6\u4eec\u662f\u5426\u771f\u7684\u76f8\u4fe1\u8981\u5e73\u6291\u901a\u80c0\u5c31\u9700\u8981\u7ecf\u6d4e\u9677\u5165\u8870\u9000\u3002\u8870\u9000\u7684\u4fe1\u53f7\u662f\u4ed6\u4eec\u662f\u5426\u8ba4\u4e3a2023\u5e74\u5931\u4e1a\u7387\u4f1a\u4e0a\u5347\u2014\u2014\u8fd9\u5c06\u662f\u4e00\u4e2a\u975e\u5e38\u7cdf\u7cd5\u7684\u4fe1\u606f\u3002\u201d<\/p>\n

\u3000\u3000\u2464\u4eca\u665a\u51b3\u8bae\u7a76\u7adf\u4f1a\u51fa\u73b0\u51e0\u5f20\u53cd\u5bf9\u7968\uff1f<\/font><\/p>\n

\u3000\u3000\u6700\u540e\uff0c\u4e5f\u5c06\u662f\u4eca\u665a\u9887\u4e3a\u6709\u8da3\u7684\u4e00\u4e2a\u8bdd\u9898\u662f\uff0cFOMC\u5185\u90e8\u5bf9\u4e8e\u4eca\u665a\u7684\u52a0\u606f\u51b3\u5b9a\uff0c\u7a76\u7adf\u4f1a\u51fa\u73b0\u51e0\u5f20\u53cd\u5bf9\u7968\uff1f\u65e0\u8bba\u7f8e\u8054\u50a8\u6700\u7ec8\u662f\u9009\u62e9\u52a0\u606f50\u4e2a\u57fa\u70b9\u8fd8\u662f75\u4e2a\u57fa\u70b9\uff0c\u4f3c\u4e4e\u90fd\u53ea\u6709\u5f88\u5c0f\u7684\u6982\u7387\u83b7\u5f97\u5168\u7968\u901a\u8fc7\u2026\u2026<\/p>\n

\u3000\u3000\u5982\u679c\u7f8e\u8054\u50a8\u9009\u62e9\u52a0\u606f50\u4e2a\u57fa\u70b9\uff0c\u90a3\u4e48\u6700\u53ef\u80fd\u6295\u51fa\u53cd\u5bf9\u7968\u7684\u4fbf\u5c06\u662f\u7f8e\u8054\u50a8\u5185\u90e8\u7684\u4e24\u5927\u9e70\u6d3e\u2014\u2014\u8054\u50a8\u7406\u4e8b\u6c83\u52d2\u548c\u5723\u8def\u6613\u65af\u8054\u50a8\u4e3b\u5e2d\u5e03\u62c9\u5fb7\uff1b\u800c\u5982\u679c\u7f8e\u8054\u50a8\u9009\u62e9\u201c\u6253\u8138\u201d\u822c\u5730\u52a0\u606f75\u4e2a\u57fa\u70b9\uff0c\u90a3\u4e48\u4e5f\u96be\u4fdd\u6b64\u524d\u957f\u671f\u9f13\u5439\u52a0\u606f50\u4e2a\u57fa\u70b9\u7684\u5b98\u5458\u4eec\u8df3\u51fa\u6765\u53cd\u5bf9\u3002<\/p>\n

<\/span><\/p>\n

\u3000\u3000\u6b64\u5916\uff0c\u65b0\u5ba3\u8a93\u5c31\u804c\u7684\u4e24\u4f4d\u7f8e\u8054\u50a8\u7406\u4e8b\u2014\u2014\u83f2\u5229\u666e-\u6770\u5f17\u900a\u4ee5\u53ca\u4e3d\u838e-\u5e93\u514b\uff0c\u672c\u6b21\u5c06\u9996\u6b21\u572818\u4eba\u7684\u7f8e\u8054\u50a8\u51b3\u7b56\u673a\u6784\u4e2d\u5c31\u4efb\u3002\u5e02\u573a\u6b64\u524d\u8ba4\u4e3a\u8fd9\u4e24\u4f4d\u65b0\u4e0a\u4efb\u7684\u7406\u4e8b\u662f\u8f83\u4e3a\u9e3d\u6d3e\u7684\uff0c\u4f5c\u4e3a\u4eba\u4eec\u4e0d\u592a\u719f\u6089\u7684\u65b0\u5b98\u5458\uff0c\u4ed6\u4eec\u7684\u8d27\u5e01\u653f\u7b56\u7acb\u573a\u4e5f\u5c06\u53d7\u5230\u5173\u6ce8\u3002<\/p>\n

\u3000\u3000\u51ef\u6295\u5b8f\u89c2\u7684\u9ad8\u7ea7\u7f8e\u56fd\u7ecf\u6d4e\u5b66\u5bb6Andrew Hunter\u8868\u793a\uff0c\u201c\u867d\u7136\u5e93\u514b\u548c\u6770\u5f17\u900a\u9884\u8ba1\u4f1a\u6210\u4e3a\u7f8e\u8054\u50a8\u7684\u9e3d\u6d3e\u6210\u5458\uff0c\u4f46\u5728\u901a\u80c0\u7387\u8fc8\u51658\u65f6\u4ee3\u65f6\uff0c\u8fd9\u53d8\u5f97\u4e0d\u592a\u91cd\u8981\u3002\u4f46\u6211\u4eec\u6000\u7591\uff0c\u4ed6\u4eec\u4f1a\u5f88\u5feb\u5bf9\u7f8e\u8054\u50a8\u7684\u7d27\u7f29\u8ba1\u5212\u8fdb\u884c\u53cd\u51fb\u3002\u201d<\/p>\n

\u3000\u3000\u534e\u5c14\u8857\u65b0\u98ce\u66b4\u5c06\u81f3\uff1f\u5bf9\u51b2\u57fa\u91d1\u7eb7\u7eb7\u593a\u8def\u51fa\u9003<\/font><\/p>\n

\u3000\u3000\u7f8e\u56fd\u94f6\u884c\u6700\u65b0\u7684\u6708\u5ea6\u8c03\u67e5\u663e\u793a\uff0c\u9e70\u6d3e\u592e\u884c\u76ee\u524d\u4f9d\u7136\u88ab\u6295\u8d44\u8005\u89c6\u4e3a\u5e02\u573a\u9762\u4e34\u7684\u6700\u5927\u5c3e\u90e8\u98ce\u9669\uff0c\u5168\u7403\u7ecf\u6d4e\u8870\u9000\u5219\u662f\u7b2c\u4e8c\u5927\u98ce\u9669\u3002\u800c\u663e\u7136\uff0c\u8fd9\u4e24\u5927\u98ce\u9669\u90fd\u53ef\u80fd\u5c06\u4e0e\u4eca\u665a\u7f8e\u8054\u50a8\u7684\u51b3\u7b56\u8131\u4e0d\u4e86\u5e72\u7cfb\u2014\u2014\u8fd9\u4e5f\u65e0\u602a\u4e4e\uff0c\u8bb8\u591a\u534e\u5c14\u8857\u4eba\u58eb\u773c\u4e0b\u5df2\u65e9\u65e9\u5730\u5f00\u59cb\u79bb\u573a\u89c2\u671b\u2026\u2026<\/p>\n

\u3000\u3000\u76ee\u524d\uff0c\u4f17\u4eba\u7eb5\u7136\u5bf9\u7f8e\u8054\u50a8\u52a0\u606f\u5e45\u5ea6\u7b03\u5b9a\u5730\u505a\u4e86\u591a\u79cd\u9884\u6d4b\uff0c\u4f46\u4f1a\u8bae\u7ed3\u679c\u7a76\u7adf\u4f1a\u600e\u6837\uff0c\u5927\u5bb6\u90fd\u65e0\u4ece\u53ef\u77e5\uff0c\u66f4\u522b\u8bf4\u5bf9\u5e02\u573a\u5f71\u54cd\u5c06\u4f1a\u5982\u4f55\u3002\u4e0d\u8fc7\uff0c\u4e13\u4e1a\u6295\u8d44\u8005\u663e\u7136\u4e0d\u4f1a\u5750\u4ee5\u5f85\u6bd9\u2014\u2014\u5c24\u5176\u662f\u90a3\u4e9b\u91cf\u5316\u57fa\u91d1\uff0c\u5df2\u5c06\u80a1\u7968\u548c\u5176\u4ed6\u98ce\u9669\u8d44\u4ea7\u655e\u53e3\u5927\u5e45\u524a\u51cf\u3002<\/font><\/p>\n

\u3000\u3000\u7ecf\u8fc7\u8fde\u7eed\u51e0\u5468\u7684\u629b\u552e\uff0c\u5fb7\u610f\u5fd7\u94f6\u884c\u8861\u91cf\u7684\u7cfb\u7edf\u6027\u6301\u4ed3\u8f83\u81ea2010\u5e74\u6709\u6570\u636e\u4ee5\u6765\u7684\u5e73\u5747\u6c34\u5e73\u4f4e\u4e24\u4e2a\u6807\u51c6\u5dee\u3002\u6b64\u5916\uff0c\u9ad8\u76db\u96c6\u56e2\u673a\u6784\u7ecf\u7eaa\u4e1a\u52a1\u6570\u636e\u663e\u793a\uff0c\u5bf9\u51b2\u57fa\u91d1\u540c\u6837\u4e5f\u4e0d\u542b\u7cca\uff0c\u5468\u4e00\u7684\u80a1\u7968\u629b\u552e\u521b\u51fa\u6709\u53f2\u4ee5\u6765\u6700\u5feb\u4e24\u5929\u51cf\u6301\u7eaa\u5f55\u3002\u5404\u5927\u8d44\u4ea7\u9690\u542b\u6ce2\u52a8\u7387\u5904\u4e8e10\u591a\u5e74\u6765\u7f8e\u8054\u50a8\u653f\u7b56\u4f1a\u8bae\u524d\u6700\u9ad8\u6c34\u5e73\u3002<\/p>\n

<\/span><\/p>\n

\u3000\u3000\u6240\u6709\u8fd9\u4e00\u5207\u90fd\u8bc1\u660e\u5728\u7f8e\u8054\u50a8\u5468\u4e09\u4f1a\u8bae\u524d\u5915\uff0c\u4e0d\u786e\u5b9a\u6027\u4e0d\u65ad\u52a0\u5267\u3002\u4e0a\u5468\u4e94\u7684CPI\u6570\u636e\u53d1\u5e03\u540e\uff0c\u7f8e\u56fd\u91d1\u878d\u5e02\u573a\u518d\u5ea6\u906d\u9047\u7684\u201c\u80a1\u503a\u53cc\u6740\u201d\u5c40\u9762\uff0c\u4e5f\u5df2\u7ecf\u4ee4\u8d8a\u6765\u8d8a\u591a\u7684\u4e1a\u5185\u4eba\u58eb\u4e0d\u5bd2\u800c\u6817\u2014\u2014\u6807\u666e500\u6307\u6570\u76ee\u524d\u6b63\u8fc8\u54112020\u5e74\u75ab\u60c5\u5bfc\u81f4\u5e02\u573a\u5d29\u76d8\u540e\u6700\u5dee\u5355\u6708\u8868\u73b0\u3002\u503a\u5238\u5e02\u573a\u4e5f\u52a8\u8361\u4e0d\u5b89\uff0c2\u5e74\u671f\u7f8e\u56fd\u56fd\u503a\u6536\u76ca\u7387\u98d9\u5347\u81f32007\u5e74\u4ee5\u6765\u7684\u6700\u9ad8\u6c34\u5e73\u3002<\/p>\n

\u3000\u3000Alpha Theory Advisors\u7684\u603b\u88c1Benjamin Dunn\u8868\u793a\uff0c\u201c\u6211\u4eec\u5904\u4e8e\u5e02\u573a\u5e95\u90e8\uff0c\u4e5f\u6709\u5f88\u591a\u8d44\u91d1\uff0c\u4f46\u5927\u5bb6\u90fd\u5728\u9003\u79bb\uff0c\u60f3\u6301\u6709\u73b0\u91d1\u548c\u5bb3\u6015\u901a\u80c0\u5931\u63a7\u3002\u6709\u4e00\u4e9b\u5384\u8fd0\u8bba\u8005\u79f0\uff0c\u51b3\u7b56\u8005\u65e0\u6cd5\u5728\u4e0d\u5b8c\u5168\u7834\u574f\u503a\u5238\u5e02\u573a\u7684\u60c5\u51b5\u4e0b\uff0c\u91c7\u53d6\u5fc5\u8981\u7684\u63aa\u65bd\u6765\u538b\u4f4e\u901a\u80c0\u3002\u201d<\/p>\n

\u3000\u3000\u56de\u987e\u7f8e\u8054\u50a8\u5386\u53f2\uff0c\u52a0\u606f75\u4e2a\u57fa\u70b9\u6216\u66f4\u591a\u7684\u6b21\u6570\u5176\u5b9e\u5f88\u5c11\u2014\u2014\u81ea1970\u5e74\u4ee3\u4ee5\u6765\u53ea\u670928\u6b21\u3002\u800c\u82e5\u4ece\u7d27\u7f29\u653f\u7b56\u7684\u529b\u5ea6\u770b\uff0c\u82e5\u7f8e\u8054\u50a8\u4eca\u665a\u4e0d\u5f97\u4e0d\u796d\u51fa\u52a0\u606f75\u4e2a\u57fa\u70b9\u7684\u5927\u62db\uff0c\u90a3\u4e48\u4fbf\u5f88\u96be\u4e0d\u4ee4\u4eba\u5c06\u4e4b\u4e0e\u4e0a\u4e16\u7eaa70\u5e74\u4ee3\u672b\u7684\u201c\u6c83\u5c14\u514b\u65f6\u4ee3\u201d\u8054\u7cfb\u5728\u4e00\u8d77\u3002<\/font><\/p>\n

<\/span><\/p>\n

\u3000\u3000\u4e0a\u4e16\u7eaa70\u5e74\u4ee3\u672b\u81f380\u5e74\u4ee3\u521d\uff0c\u65f6\u4efb\u7f8e\u8054\u50a8\u4e3b\u5e2d\u4fdd\u7f57\u00b7\u6c83\u514b\u5c14\u5728\u77ed\u77ed\u4e00\u5e74\u591a\u65f6\u95f4\u5185\u4fbf\u5c06\u8054\u90a6\u57fa\u91d1\u5229\u7387\u4ece11%\u5927\u5e45\u4e0a\u8c03\u81f3\u8d8520%\u3002\u6b64\u4e3e\u5728\u6210\u529f\u904f\u5236\u901a\u80c0\u7684\u540c\u65f6\uff0c\u4e5f\u5bfc\u81f4\u7f8e\u56fd\u5931\u4e1a\u7387\u6b64\u540e\u98d9\u5347\u8d8510%\u53ca1980-1982\u5e74\u7684\u7ecf\u6d4e\u8870\u9000\u3002<\/p>\n

\u3000\u3000\u5bf9\u6b64\uff0c\u524d\u7f8e\u8054\u50a8\u7814\u7a76\u4e3b\u4efb\u3001\u73b0\u4efb\u5f7c\u5f97\u68ee\u56fd\u9645\u7ecf\u6d4e\u7814\u7a76\u6240\u9ad8\u7ea7\u7814\u7a76\u5458David Wilcox\u9884\u8ba1\uff0c\u9c8d\u5a01\u5c14\u6216\u5c06\u50cf\u6c83\u5c14\u514b\u90a3\u6837\uff0c\u4fdd\u6301\u5bf9\u7f8e\u8054\u50a8\u653f\u7b56\u76ee\u6807\u4e4b\u4e00\u7684\u901a\u80c0\u65b9\u9762\u7684\u9510\u5229\u5173\u6ce8\u3002\u201c\u5982\u679c\u6709\u5fc5\u8981\uff0c\u9c8d\u5a01\u5c14\u5f88\u53ef\u80fd\u4f1a\u4f5c\u4e3a\u4fdd\u7f57-\u6c83\u5c14\u514b\u76842.0\u7248\u8f7d\u5165\u53f2\u518c\u3002\u201d<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"

\u4e0b\u8f7d\u65b0\u6d6a\u8d22\u7ecfAPP\uff0c\u4e86\u89e3\u5168\u7403\u5b9e\u65f6\u6c47\u7387 \u3000\u3000\u8d22\u8054\u793e6\u670815\u65e5\u8baf\uff08\u7f16\u8f91 \u6f47\u6e58\uff09\u5317\u4eac\u65f6\u95f4\u5468\u56db\u51cc\u66682\u70b9\uff0c\u7f8e\u8054\u50a8\u5373\u5c06\u516c\u5e03…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-6041","post","type-post","status-publish","format-standard","hentry","category-xinwen"],"_links":{"self":[{"href":"https:\/\/ma.tzjkj.com\/index.php\/wp-json\/wp\/v2\/posts\/6041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ma.tzjkj.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ma.tzjkj.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ma.tzjkj.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ma.tzjkj.com\/index.php\/wp-json\/wp\/v2\/comments?post=6041"}],"version-history":[{"count":0,"href":"https:\/\/ma.tzjkj.com\/index.php\/wp-json\/wp\/v2\/posts\/6041\/revisions"}],"wp:attachment":[{"href":"https:\/\/ma.tzjkj.com\/index.php\/wp-json\/wp\/v2\/media?parent=6041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ma.tzjkj.com\/index.php\/wp-json\/wp\/v2\/categories?post=6041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ma.tzjkj.com\/index.php\/wp-json\/wp\/v2\/tags?post=6041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}