{"id":468,"date":"2023-03-23T20:00:00","date_gmt":"2023-03-23T12:00:00","guid":{"rendered":"https:\/\/www.concatdata.com\/?p=468"},"modified":"2023-03-24T01:16:27","modified_gmt":"2023-03-23T17:16:27","slug":"%e9%93%b6%e8%a1%8c%e4%b8%9a%e5%8d%b1%e6%9c%ba%e6%9a%82%e7%bc%93%ef%bc%8c%e7%be%8e%e8%81%94%e5%82%a8%e5%8a%a0%e6%81%af25bp%e9%a2%84%e6%9c%9f%e4%b9%8b%e5%86%85","status":"publish","type":"post","link":"https:\/\/www.concatdata.com\/?p=468","title":{"rendered":"\u94f6\u884c\u4e1a\u5371\u673a\u6682\u7f13\uff0c\u7f8e\u8054\u50a8\u52a0\u606f25bp\u9884\u671f\u4e4b\u5185"},"content":{"rendered":"\n

\u672c\u6587\u4e3a\u6211\u53f8\u9996\u5e2d\u7ecf\u6d4e\u5b66\u5bb6\u6768\u656c\u660a\u5c31\u7f8e\u8054\u50a83\u6708FOMC\u4f1a\u8bae\u51b3\u8bae\u63a5\u53d7<\/b>\u300a\u8bc1\u5238\u65e5\u62a5<\/a>\u300b\u97e9\u6631\u8bb0\u8005<\/strong>\u548c\u300a\u5317\u4eac\u5546\u62a5<\/a>\u300b\u65b9\u5f6c\u6960\u3001\u8d75\u5929\u8212\u8bb0\u8005\u7684\u91c7\u8bbf\u3002<\/strong><\/p>\n\n\n\n

\u672c\u6b21\u52a0\u606f25bp\u5c5e\u4e8e\u5e02\u573a\u9884\u6599\u4e4b\u5185\uff0c\u4e24\u65b9\u9762\u539f\u56e0\u3002<\/p>\n\n\n\n

\u5176\u4e00<\/strong>\uff0c\u9c8d\u5a01\u5c14\u56fd\u4f1a\u542c\u8bc1\u4f1a\u8bc1\u8bcd\u516c\u5e03\u540e\u63a5\u53d7\u5a92\u4f53\u91c7\u8bbf\u65f6\u63d0\u5230\u7684\u7f8e\u8054\u50a8\u7684\u52a0\u606f\u51b3\u7b56\u6700\u7ec8\u4f9d\u7136\u53d6\u51b3\u4e8e2023\u5e743\u6708\u4e0a\u65ec\u516c\u5e03\u7684\u7f8e\u56fd\u901a\u80c0\u6570\u636e\u3001\u5c31\u4e1a\u6570\u636e<\/strong>\uff0c\u8fd9\u4e24\u4e2a\u6570\u636e\u5b9e\u9645\u5f55\u5f97\u60c5\u51b5\u5747\u7b26\u5408\u7f8e\u8054\u50a825bp\u52a0\u606f\u7684\u8d27\u5e01\u653f\u7b56\u8981\u6c42\u2014\u2014\u5373\u7f8e\u56fd3\u6708\u4e0a\u65ec\u7684\u901a\u80c0\u6570\u636e\u5ef6\u7eed\u4e0b\u884c\u52bf\u5934\u4e14\u5728\u9884\u671f\u4e4b\u5185\uff0c\u65b0\u589e\u5c31\u4e1a\u867d\u7136\u8d85\u8fc7\u9884\u671f\u503c\uff0c\u4f46\u5931\u4e1a\u73873.4%\u4ee5\u8d85\u8fc7\u5e02\u573a0.2%\u7684\u9884\u671f\u56de\u5347\u81f33.6%\uff0c4.6%\u7684\u65f6\u85aa\u589e\u901f\u4e5f\u4f4e\u4e8e\u5e02\u573a\u9884\u671f\u76844.7%\u3002\u56e0\u6b64\uff0c\u7f8e\u8054\u50a8\u672c\u6b2125bp\u7684\u52a0\u606f\u4ece\u7ecf\u6d4e\u6570\u636e\u7684\u89d2\u5ea6\u6765\u770b\uff0c\u662f\u9884\u671f\u4e4b\u5185\u3002<\/p>\n\n\n\n

\u5176\u4e8c\uff0c\u7f8e\u56fd\u4e2d\u5c0f\u94f6\u884c\u7684\u6d41\u52a8\u6027\u5371\u673a<\/strong>\uff0c\u7531\u4e8e\u8054\u50a8\u52a0\u606f\u4f1a\u901a\u8fc7\u8054\u90a6\u57fa\u91d1\u5229\u7387\u6574\u4f53\u62ac\u5347\u7f8e\u56fd\u94f6\u884c\u95f4\u7684\u62c6\u501f\u5229\u7387\uff0c\u4e14\u5bf9\u94f6\u884c\u4f53\u7cfb\u65e0\u8bba\u4f53\u91cf\u662f\u4e00\u81f4\u6027\u63d0\u5347\uff0c\u7531\u4e8e\u7845\u8c37\u94f6\u884c\u4e3a\u4ee3\u8868\u7684\u7f8e\u56fd\u4e2d\u5c0f\u94f6\u884c\u51fa\u73b0\u6d41\u52a8\u6027\u5371\u673a\u9020\u6210\u7834\u4ea7\u7684\u610f\u5916\u60c5\u51b5\uff0c\u7f8e\u8054\u50a8\u4e5f\u4e0d\u5f97\u4e0d\u8003\u8651\u653e\u7f13\u52a0\u606f\uff0c\u81f3\u5c11\u4e0d\u80fd\u6309\u7167\u9c8d\u5a01\u5c14\u56fd\u4f1a\u542c\u8bc1\u4f1a\u65f650bp\u7684\u5e02\u573a\u9884\u671f\u6c34\u5e73\u52a0\u606f\u3002\u503c\u5f97\u4e00\u63d0\u7684\u662f\uff0c\u4ee5\u7f8e\u8054\u50a8\u7684\u8d27\u5e01\u653f\u7b56\u4f20\u5bfc\u6846\u67b6\u800c\u8a00\uff0c\u7f8e\u56fd\u7684\u91d1\u878d\u7cfb\u7edf\u201c\u5e94\u5f53\u201d\u662f\u4e0d\u7f3a\u4e4f\u6d41\u52a8\u6027\u7684\uff0c\u6bd5\u7adf\u5728\u7845\u8c37\u94f6\u884c\u66b4\u96f7\u7684\u65f6\u523b\uff0c\u4ee3\u8868\u8d85\u989d\u6d41\u52a8\u6027\u7684\u7f8e\u8054\u50a8\u9694\u591c\u9006\u56de\u8d2d\uff08ORR\uff09\u89c4\u6a21\u8fd8\u572821000\u4ebf\u7f8e\u5143\u5de6\u53f3\uff0c\u4f46\u603b\u91cf\u8d85\u989d\u63a9\u76d6\u4e86\u7f8e\u56fd\u76ee\u524d\u94f6\u884c\u4f53\u7cfb\u7684\u7ed3\u6784\u6027\u6d41\u52a8\u6027\u95ee\u9898<\/strong>\uff0c\u8fd9\u4e5f\u662f\u6700\u8fd1\u7f8e\u8054\u50a8\u901a\u8fc7\u8d34\u73b0\u7a97\u53e3\u653f\u7b56\u5de5\u5177\u4e3a\u4e2d\u5c0f\u94f6\u884c\u6ce8\u5165\u6d41\u52a8\u6027\u800c\u9020\u6210\u5b9e\u8d28\u6027\u6269\u8868\u7684\u539f\u56e0\uff0c\u503c\u5f97\u5173\u6ce8\u7684\u662f\u7f8e\u8054\u50a8\u572890\u5929\u7684\u8d34\u73b0\u7a97\u53e3\u5de5\u5177\u5230\u671f\u540e\u662f\u5426\u7eed\u4f5c\u4ee5\u53ca\u8f6c\u7528\u66f4\u957f\u4e45\u671f\u7684\u6d41\u52a8\u6027\u5de5\u5177<\/strong>\u3002<\/p>\n\n\n\n

\u5bf9\u4e8e\u5e02\u573a\u53c2\u4e0e\u8005\u800c\u8a00\u503c\u5f97\u6ce8\u610f\u7684\u662f\u9c8d\u5a01\u5c14\u5728\u8bb0\u8005\u53d1\u5e03\u4f1a\u4e0a\u7684\u8868\u6001\uff0c\u5373\u7f8e\u8054\u50a8\u5728\u672c\u6b21FOMC\u4f1a\u8bae\u524d\u5915\u66fe\u8003\u8651\u8fc7\u505c\u6b62\u52a0\u606f\u3002\u6b64\u6b21\u51b3\u7b56\u9762\u4e34\u7684\u901a\u80c0\u3001\u91d1\u878d\u98ce\u9669\u3001\u7ecf\u6d4e\u4e0b\u884c\u5404\u65b9\u9762\u56e0\u7d20\u7684\u8003\u91cf\u535a\u5f08\u786e\u5b9e\u4f7f\u5f97\u51b3\u7b56\u4e0d\u6613\uff0c\u591a\u4e2a\u7ea6\u675f\u6761\u4ef6\u5171\u540c\u5b58\u5728\uff0c\u5fc5\u7136\u4f7f\u5f97\u653f\u7b56\u7a7a\u95f4\u975e\u5e38\u6709\u9650\uff0c\u4f46\u7ed9\u5b9a\u5b9e\u9645\u51b3\u8bae\u4f9d\u7136\u52a0\u606f25bp\uff0c\u90a3\u4e48\u5411\u5e02\u573a\u4f20\u9012\u7684\u4fe1\u53f7\u6709\u4e8c\uff1a\u4e00\u5219\u7f8e\u8054\u50a8\u4f9d\u7136\u5728\u7aed\u529b\u7ef4\u63012%\u7684\u901a\u80c0\u76ee\u6807<\/strong>\uff0c\u52aa\u529b\u63a7\u5236\u901a\u80c0\uff0c\u7ef4\u6301\u592e\u884c\u8d27\u5e01\u653f\u7b56\u9884\u671f\u7ba1\u7406\u7684\u673a\u5236\u4e0d\u53d8\uff1b\u4e8c\u5219\u7f8e\u56fd\u4e2d\u5c0f\u94f6\u884c\u6d41\u52a8\u6027\u5371\u673a\u901a\u8fc7\u7f8e\u8054\u50a8\u7684\u8d34\u73b0\u7a97\u53e3\u6ce8\u5165\u7d27\u6025\u6d41\u52a8\u6027\u540e\u5df2\u7ecf\u76f8\u5bf9\u53ef\u63a7<\/strong>\u3002 <\/p>\n\n\n\n

\u5982\u7f8e\u8054\u50a8\u672c\u6708FOMC\u4f1a\u8bae\u4e00\u5e76\u7ed9\u51fa\u7684SEP\u70b9\u9635\u56fe\u6240\u793a\uff0c2023\u5e74\u5e74\u5e95\u8054\u90a6\u57fa\u91d1\u5229\u7387\u533a\u95f4\u4e3a[5.00%\uff0c5.25%]\uff0c\u5728\u4e00\u5b9a\u7a0b\u5ea6\u4e0a\u662f\u4f4e\u4e8e\u6b64\u524d\u5e02\u573a\u9884\u671f\u7684[5.50%, 5.75%]\u3002\u7531\u4e8e\u672c\u6b21\u52a0\u606f\uff0c\u5229\u7387\u533a\u95f4\u5df2\u7ecf\u63d0\u5347\u81f3[4.75%, 5.00%]\uff0c\u90a3\u4e48\u672a\u6765\u7f8e\u8054\u50a8\u4f1a\u89c6\u7ecf\u6d4e\u6570\u636e\u800c\u5b9a\uff0c\u518d\u8fdb\u884c\u4e00\u6b2125bp\u7684\u52a0\u606f\u64cd\u4f5c\u3002\u4f46\u5e02\u573a\u671f\u5f85\u7684\u964d\u606f\u5468\u671f\u6700\u5feb\u4e5f\u8981\u52302024\u5e74\u4e00\u5b63\u5ea6\u624d\u4f1a\u8fdb\u884c\uff0c\u8fd9\u4e5f\u7b26\u5408\u9c8d\u5a01\u5c14\u5728\u56fd\u4f1a\u4e0a\u7684\u201cHigher for Longer\u201d\u7684\u4e45\u671f\u8868\u8ff0\u3002<\/strong><\/p>\n\n\n\n

\n\n\n\n

\u4f9d\u7167\u6211\u53f8\u5408\u89c4\u548c\u5185\u63a7\u8981\u6c42\uff0c\u5bf9\u672c\u6587\u53ca\u5176\u8f6c\u8f7d\u548c\u5f15\u7528\uff0c\u987b\u4f5c\u4ee5\u4e0b\u58f0\u660e\uff1a
1. \u672c\u6587\u4e2d\u7684\u4fe1\u606f\u5747\u6e90\u4e8e\u516c\u5f00\u8d44\u6599\uff0c\u4ec5\u4f5c\u53c2\u8003\u4e4b\u7528\uff0c\u5e76\u529b\u6c42\u51c6\u786e\u53ef\u9760\uff0c\u4f46\u5bf9\u4e8e\u4fe1\u606f\u7684\u51c6\u786e\u6027\u53ca\u5b8c\u5907\u6027\u4e0d\u4f5c\u4efb\u4f55\u4fdd\u8bc1\u3002\u4e0d\u7ba1\u5728\u4f55\u79cd\u60c5\u51b5\u4e0b\uff0c\u672c\u6587\u4e0d\u6784\u6210\u4e2a\u4eba\u6295\u8d44\u5efa\u8bae\uff0c\u4e5f\u6ca1\u6709\u8003\u8651\u5230\u4e2a\u522b\u5ba2\u6237\u7279\u6b8a\u7684\u6295\u8d44\u76ee\u7684\u3001\u8d22\u52a1\u72b6\u51b5\u6216\u9700\u8981\uff0c\u4e0d\u80fd\u5f53\u4f5c\u8d2d\u4e70\u6216\u51fa\u552e\u62a5\u544a\u4e2d\u6240\u63d0\u53ca\u7684\u5546\u54c1\u53ca\u5176\u8d44\u4ea7\u6807\u7684\u6216\u5408\u7ea6\u7684\u4f9d\u636e\uff0c\u4e14\u672c\u516c\u53f8\u4e0d\u627f\u62c5\u56e0\u6839\u636e\u672c\u6587\u64cd\u4f5c\u800c\u5bfc\u81f4\u7684\u635f\u5931\u3002
2. \u4f9d\u7167\u4e2d\u534e\u4eba\u6c11\u5171\u548c\u56fd\u8bc1\u5238\u76d1\u7763\u7ba1\u7406\u59d4\u5458\u4f1a\u300a\u8bc1\u5238\u671f\u8d27\u6295\u8d44\u8005\u9002\u5f53\u6027\u7ba1\u7406\u529e\u6cd5\u300b\u53ca\u5176\u914d\u5957\u6307\u5f15\uff0c\u656c\u8bf7\u6295\u8d44\u8005\u4f9d\u7167\u6295\u8d44\u8005\u9002\u5f53\u6027\u6d4b\u8bd5\u7ed3\u679c\uff0c\u5ba1\u614e\u64cd\u4f5c\uff0c\u5e76\u6ce8\u610f\u53ef\u80fd\u5b58\u5728\u7684\u4ea4\u6613\u98ce\u9669\u3002
3. \u5bf9\u672c\u6587\u7684\u5f15\u8ff0\u3001\u5f15\u7528\u548c\u8f6c\u8f7d\u884c\u4e3a\uff0c\u4f9d\u7167\u300a\u4e2d\u534e\u4eba\u6c11\u5171\u548c\u56fd\u8457\u4f5c\u6743\u6cd5\u300b\u987b\u6ce8\u660e\u51fa\u5904\uff1b\u9664\u91c7\u8bbf\u5a92\u4f53\u4ee5\u5916\u7684\u5a92\u4f53\u3001\u673a\u6784\u6216\u4e2a\u4eba\u5bf9\u672c\u6587\u8fdb\u884c\u5168\u6587\u8f6c\u8f7d\u6216\u5f15\u7528\u7684\uff0c\u9664\u6ce8\u660e\u51fa\u5904\u4ee5\u5916\uff0c\u5fc5\u987b\u53d6\u5f97\u6211\u516c\u53f8\u7684\u4e66\u9762\u6388\u6743\u3002
\u7279\u6b64\u58f0\u660e<\/strong>\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u672c\u6587\u4e3a\u6211\u53f8\u9996\u5e2d\u7ecf\u6d4e\u5b66\u5bb6\u6768\u656c\u660a\u5c31…<\/p>\n","protected":false},"author":2,"featured_media":470,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[11,65,47,27],"class_list":["post-468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-condatview","tag-11","tag-65","tag-47","tag-27"],"_links":{"self":[{"href":"https:\/\/www.concatdata.com\/index.php?rest_route=\/wp\/v2\/posts\/468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.concatdata.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.concatdata.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.concatdata.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.concatdata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=468"}],"version-history":[{"count":2,"href":"https:\/\/www.concatdata.com\/index.php?rest_route=\/wp\/v2\/posts\/468\/revisions"}],"predecessor-version":[{"id":471,"href":"https:\/\/www.concatdata.com\/index.php?rest_route=\/wp\/v2\/posts\/468\/revisions\/471"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.concatdata.com\/index.php?rest_route=\/wp\/v2\/media\/470"}],"wp:attachment":[{"href":"https:\/\/www.concatdata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.concatdata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.concatdata.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}