{"id":8842,"date":"2016-12-29T14:26:45","date_gmt":"2016-12-29T06:26:45","guid":{"rendered":"http:\/\/blog.moneydj.com\/joe\/?p=8842"},"modified":"2016-12-29T14:26:45","modified_gmt":"2016-12-29T06:26:45","slug":"%e7%be%8e%e5%85%83%e5%8f%88%e5%8d%87%e6%81%af%e4%ba%86%ef%bc%8c%e7%84%b6%e5%be%8c%e5%91%a2%ef%bc%9f","status":"publish","type":"post","link":"https:\/\/blog.moneydj.com\/joe\/2016\/12\/29\/%e7%be%8e%e5%85%83%e5%8f%88%e5%8d%87%e6%81%af%e4%ba%86%ef%bc%8c%e7%84%b6%e5%be%8c%e5%91%a2%ef%bc%9f\/","title":{"rendered":"\u7f8e\u5143\u53c8\u5347\u606f\u4e86\uff0c\u7136\u5f8c\u5462\uff1f"},"content":{"rendered":"<p>2016\u5e7412\u6708\uff0c\u7f8e\u570b\u806f\u6e96\u6703\uff08FED\uff09\u516c\u958b\u5e02\u5834\u64cd\u4f5c\u59d4\u54e1\u6703\uff08FOMC\uff09\u5b98\u54e1\u5982\u9810\u671f\u5730\u9032\u884c\u7f8e\u5143\u5347\u606f0.25%\u3002\u7d93\u904e2016\u5e74\u7684\u7d93\u6fdf\u548c\u653f\u6cbb\u52d5\u76ea\u5f8c\uff0cFOMC\u518d\u6b21\u555f\u52d5\u5347\u606f\uff0c\u56e0\u70ba2016\u5e74\u7684\u5e74\u521d\u548c\u5e74\u5c3e\uff0c\u806f\u6e96\u6703FED\u7d66\u5e02\u5834\u7684\u5229\u7387\u9810\u671f\u5be6\u5728\u843d\u5dee\u592a\u5927\u4e86\uff0c\u96d6\u71362016\u5e74\u4ecd\u7136\u8655\u65bc\u7f8e\u5143\u5347\u606f\u5faa\u74b0\u521d\u671f\uff0c\u4f46\u7f8e\u5143\u6307\u6578\u537b\u6c92\u6709\u660e\u986f\u7684\u6f32\u52e2\uff0c\u53cd\u800c\u662f12\u6708\u4efd\u7684\u5229\u7387\u6703\u8b70\u524d\u5f8c\uff0c\u7f8e\u5143\u6307\u6578\u624d\u51fa\u73fe\u986f\u8457\u4e0a\u6f32\u3002<\/p>\n<p><span class=\"Article_picinfo_normal\">\u57161\uff1a2014\u5e74\u81f3\u4eca\u7f8e\u5143\u6307\u6578\u8d70\u52e2 <\/span><br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.naipo.com\/Portals\/1\/web_tw\/images\/pic0175-013-a01.png\" alt=\"\" width=\"645\" height=\"439\" \/><\/p>\n<p>2015\u5e74\u5e95FOMC\u9810\u671f\u7f8e\u5143\u57fa\u790e\u5229\u7387\u57282016\u5e74\u5e95\u53ef\u80fd\u843d\u57281.25%\uff0c\u81f3\u5c119\u7968\u662f\u9810\u671f\u5229\u7387\u53ef\u4ee5\u7dad\u6301\u57281.25%\u4ee5\u4e0a<\/p>\n<p><span class=\"Article_picinfo_normal\">\u57162\uff1a2015\u5e74\u5e95FOMC\u5c0d\u7f8e\u5143\u57fa\u790e\u5229\u7387\u9810\u671f <\/span><br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.naipo.com\/Portals\/1\/web_tw\/images\/pic0175-013-a03.jpg\" alt=\"\" width=\"679\" height=\"447\" \/><br \/>\n<span class=\"Article_footer_note\">\u8cc7\u6599\u4f86\u6e90\uff1a<a href=\"https:\/\/www.federalreserve.gov\/\" target=\"_top\">\u7f8e\u570b\u806f\u6e96\u6703<\/a><\/span><\/p>\n<p>2016\u5e74\u5e95FOMC\u8a2d\u5b9a\u7684\u7f8e\u5143\u57fa\u790e\u5229\u7387\u5be6\u969b\u4e0a\u53ea\u67090.5%\uff0c\u6240\u4ee5FED\u539f\u5148\u7d66\u5e02\u5834\u7684\u9810\u671f\u662f\u9df9\u6d3e\uff0c\u4f46\u5be6\u969b\u4e0a\u537b\u662f\u9d3f\u6d3e\u3002<\/p>\n<p><span class=\"Article_picinfo_normal\">\u57163\uff1a2016\u5e74\u5e95FOMC\u5c0d\u7f8e\u5143\u57fa\u790e\u5229\u7387\u9810\u671f <\/span><br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.naipo.com\/Portals\/1\/web_tw\/images\/pic0175-013-a05.jpg\" alt=\"\" width=\"666\" height=\"428\" border=\"0\" \/><br \/>\n<span class=\"Article_picinfo_normal\">\u8cc7\u6599\u4f86\u6e90\uff1a<a href=\"https:\/\/www.federalreserve.gov\/\" target=\"_top\">\u7f8e\u570b\u806f\u6e96\u6703<\/a><\/span><\/p>\n<p>\u4f46\u662f\u5b98\u54e1\u5011\u537b\u6709\u81f3\u5c1111\u7968\u662f\u9810\u671f2017\u5e74\u5e95\u7f8e\u5143\u5229\u7387\u53ef\u4ee5\u7dad\u6301\u57281.25%\u4ee5\u4e0a\uff0c\u4e5f\u5c31\u662f\u76f8\u5c0d\u65bc2016\u5e74\u5e95\u7684\u9d3f\u6d3e\u6c23\u6c1b\uff0cFED\u7d66\u5e02\u5834\u7684\u9810\u671f\u662f2017\u5e74\u6703\u504f\u5411\u9df9\u6d3e\uff0c\u65bc\u662f\u50b5\u5238\u5e02\u5834\u548c\u975e\u7f8e\u5143\u8ca8\u5e63\u7684\u4e0b\u8dcc\u8da8\u52e2\uff0c\u572812\u6708\u7684FOMC\u5229\u7387\u6703\u8b70\u5f8c\u8b8a\u5f97\u66f4\u70ba\u660e\u986f\u3002<\/p>\n<p><span class=\"Article_picinfo_normal\">\u57164\uff1a\u7f8e\u570b10\u5e74\u50b5\u6b96\u5229\u7387 <\/span><br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.naipo.com\/Portals\/1\/web_tw\/images\/pic0175-013-a06.png\" alt=\"\" width=\"680\" height=\"246\" border=\"0\" \/><br \/>\n<span class=\"Article_picinfo_normal\">\u8cc7\u6599\u4f86\u6e90\uff1a<a href=\"http:\/\/www.tradingeconomics.com\/\">http:\/\/www.tradingeconomics.com<\/a><\/span><\/p>\n<p>\u7f8e\u570b\u570b\u50b5\u57282016\u5e74\u4e0b\u534a\u5e74\u958b\u59cb\uff0c\u50b5\u5238\u50f9\u683c\u5f9e\u9ad8\u9ede\u9010\u6f38\u4e0b\u8dcc\uff0c\u6b96\u5229\u7387\u6301\u7e8c\u5411\u4e0a\u6500\u5347\uff0c\u5e02\u5834\u4e2d\u8d8a\u4f86\u8d8a\u591a\u71b1\u9322\u610f\u8b58\u5230\uff0c\u7f8e\u570b\u901a\u8ca8\u81a8\u8139\u7a69\u5b9a\u4e0a\u5347\uff0c\u7d93\u6fdf\u5b8c\u5168\u56de\u5fa9\u6210\u9577\u53ea\u662f\u6642\u9593\u554f\u984c\uff0cFED\u52e2\u5fc5\u6703\u56de\u5230\u5347\u606f\u8da8\u52e2\uff0c\u6240\u4ee5\u71b1\u9322\u6301\u7e8c\u5f9e\u50b5\u5238\u5e02\u5834\u6d41\u51fa\uff0c\u7b49\u523012\u6708FOMC\u6703\u8b70\u5f8c\uff0c\u5b98\u54e1\u5011\u7684\u5347\u606f\u614b\u5ea6\u66f4\u70ba\u660e\u78ba\uff0c2017\u5e74\u7adf\u7136\u9810\u671f\u5347\u606f0.75%\uff0c\u65bc\u662f\u7f8e\u50b5\u7e7c\u7e8c\u64f4\u5927\u8dcc\u52e2\u3002<\/p>\n<p class=\"Article_picinfo_normal\">\u57165\uff1a\u4e2d\u570b10\u5e74\u50b5\u6b96\u5229\u7387<br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.naipo.com\/Portals\/1\/web_tw\/images\/pic0175-013-a07.png\" alt=\"\" width=\"683\" height=\"325\" border=\"0\" \/><br \/>\n\u8cc7\u6599\u4f86\u6e90\uff1a<a href=\"http:\/\/www.tradingeconomics.com\/\" target=\"_top\">http:\/\/www.tradingeconomics.com<\/a><\/p>\n<p>\u4e0d\u53ea\u7f8e\u50b5\u5982\u6b64\uff0c\u8a31\u591a\u975e\u7f8e\u5143\u8ca8\u5e63\u548c\u50b5\u5238\u5e02\u5834\u4e5f\u90fd\u51fa\u73fe\u8cb6\u503c\u8da8\u52e2\uff0c\u50cf\u662f\u4e2d\u570b\u570b\u50b5\u5c31\u51fa\u73fe\u50b5\u5e02\u548c\u532f\u7387\u96d9\u8cb6\u7684\u60c5\u6cc1\u3002\u50b5\u5238\u906d\u5230\u62cb\u552e\uff0c\u4e2d\u570b\u5e02\u5834\u7684\u8cc7\u91d1\u501f\u8cb8\u6210\u672c\u4e0a\u5347\uff0c\u9280\u884c\u540c\u696d\u9593\u62c6\u6b3e\u5229\u7387\u9a5f\u5347\uff0c\u4e2d\u570b\u592e\u884c\u53ea\u597d\u4e0d\u65b7\u7684\u62cb\u7f8e\u50b5\u63db\u73fe\u91d1\uff0c\u8f49\u5230\u4e2d\u570b\u5883\u5167\u91cb\u653e\u4eba\u6c11\u5e63\u6d41\u52d5\u6027\uff0c\u7de9\u885d\u50b5\u5238\u5e02\u5834\u7684\u6050\u614c\u9a5f\u8dcc\uff0c\u540c\u6642\u7dad\u6301\u4eba\u6c11\u5e63\u7684\u7a69\u5b9a\u6027\u3002\u4f46\u9019\u4ecd\u7136\u64cb\u4e0d\u4f4f\u4eba\u6c11\u5e63\u7684\u8cb6\u52e2\uff0c\u56e0\u70ba\u71b1\u9322\u5982\u679c\u4e0d\u96e2\u958b\u4e2d\u570b\uff0c\u6050\u6015\u6703\u6709\u532f\u5dee\u6216\u6a19\u7684\u50f9\u5dee\u7684\u8667\u640d\uff1b\u71b1\u9322\u4e00\u96e2\u958b\uff0c\u53c8\u52a0\u91cd\u4eba\u6c11\u5e63\u7684\u8cb6\u503c\u8da8\u52e2\uff0c\u4e2d\u570b\u653f\u5e9c\u53ea\u597d\u518d\u5ea6\u65bd\u5c55\u52a0\u5f37\u5e72\u9810\u5e02\u5834\u7684\u4e00\u8cab\u4f5c\u98a8\uff0c\u56b4\u683c\u63a7\u7ba1\u6d77\u5916\u6295\u8cc7\u91d1\u984d\uff0c\u532f\u6b3e\u5230\u6d77\u5916\u7684\u5be9\u6838\u904e\u7a0b\u8b8a\u5f97\u66f4\u70ba\u56b4\u683c\uff0c\u9019\u7a2e\u653f\u7b56\u5df2\u7d93\u8b93\u4e2d\u570b\u6b50\u76df\u5546\u6703\uff08EUCCC\uff09\u611f\u5230\u6975\u70ba\u4e0d\u59a5\u3002<\/p>\n<p class=\"Article_tittle_3_blue_bold\">\u4e2d\u570b\u5b98\u65b9\u5e72\u9810\u8cc7\u91d1\u6d41\u52d5\uff0c\u53cd\u800c\u52a0\u901f\u71b1\u9322\u9003\u96e2\u4e2d\u570b<\/p>\n<p>\u4e8b\u5be6\u4e0a\uff0c\u7576\u4e2d\u570b\u5b98\u65b9\u4f01\u5716\u900f\u904e\u5e72\u9810\u653f\u7b56\u4f86\u9396\u4f4f\u8cc7\u91d1\uff0c\u8cc7\u91d1\u53cd\u800c\u6703\u9867\u616e\u653f\u6cbb\u98a8\u96aa\u800c\u52a0\u901f\u64a4\u9000\u3002\u4e2d\u570b\u4eba\u6c11\u5e63\u662f\u6700\u53d7\u5230\u5e02\u5834\u6ce8\u76ee\u7684\u8ca8\u5e63\uff0c\u56e0\u70ba\u4e2d\u570b\u5b98\u65b9\u8fd1\u5e74\u4f86\u529b\u63a8\u4eba\u6c11\u5e63\u570b\u969b\u5316\uff0c\u57282015\u5e74\u9806\u5229\u7d0d\u5165\u570b\u969b\u8ca8\u5e63\u57fa\u91d1\uff08IMF\uff09\u7684\u7279\u5225\u63d0\u6b3e\u6b0a\uff08SDR\uff09\u8ca8\u5e63\u7c43\u5b50\uff0c\u4e26\u65bc2016\u5e7410\u67081\u65e5\u6b63\u5f0f\u751f\u6548\u3002\u4f46\u662f\u6b64\u5f8c\u4eba\u6c11\u5e63\u7684\u5168\u7403\u4f7f\u7528\u91cf\u4e0d\u589e\u53cd\u6e1b\uff0c\u4e0d\u7ba1\u662f\u4eba\u6c11\u5e63\u7d50\u7b97\u7684\u5c0d\u5916\u8cbf\u6613\u984d\uff0c\u9084\u662f\u8de8\u5883\u4eba\u6c11\u5e63\u652f\u4ed8\u8207\u5168\u7403\u6d3b\u8e8d\u7a0b\u5ea6\uff0c\u5168\u9762\u90fd\u5728\u4e0b\u964d\uff0c\u56e0\u70ba\u5e02\u5834\u666e\u904d\u5c0d\u4eba\u6c11\u5e63\u770b\u8cb6\u3002\u4e8b\u5be6\u4e0a\uff0c\u5982\u679c\u4e0d\u662f\u4e2d\u570b\u4eba\u884c\u62cb\u552e\u5916\u532f\u5b58\u5e95\u4f86\u634d\u885b\u532f\u7387\uff0c\u4eba\u6c11\u5e63\u532f\u7387\u6050\u6015\u6703\u8dcc\u66f4\u5147\u3002<\/p>\n<p>\u65e2\u7136\u7b2c\u4e8c\u5927\u7d93\u6fdf\u9ad4\u7684\u4eba\u6c11\u5e63\u5728\u7f8e\u5143\u5347\u606f\u5faa\u74b0\u4e2d\u4e5f\u4e0d\u5f97\u4e0d\u7dad\u6301\u5f31\u52e2\u8cb6\u503c\uff0c\u90a3\u9ebc\u5176\u4ed6\u570b\u969b\u4e3b\u8981\u8ca8\u5e63\u4e5f\u5f88\u96e3\u4e0d\u5c0d\u7f8e\u5143\u8cb6\u503c\u30022014\u5e74\u4ee5\u4f86\uff0c\u5f9e\u82f1\u938a\u3001\u6b50\u5143\u3001\u52a0\u62ff\u5927\u5e63\u3001\u7d10\u5e63\u3001\u6fb3\u5e63\u3001\u745e\u58eb\u6cd5\u90ce\u3001\u745e\u5178\u514b\u6717\u7b49\u5927\u4ea4\u6613\u91cf\u8ca8\u5e63\uff0c\u5230\u99ac\u4f86\u897f\u4e9e\u4ee4\u5409\u3001\u58a8\u897f\u54e5\u62ab\u7d22\u3001\u5357\u97d3\u97d3\u571c\u3001\u4fc4\u7f85\u65af\u76e7\u5e03\u3001\u83f2\u5f8b\u8cd3\u62ab\u7d22\u3001\u65b0\u52a0\u5761\u5e63\u3001\u5370\u5c3c\u76fe\u3001\u5370\u5ea6\u76e7\u6bd4\u3001\u6cf0\u570b\u6cf0\u9296\u3001\u5df4\u897f\u91cc\u62c9\u7b49\u5c0f\u5e02\u5834\u8ca8\u5e63\uff0c\u7121\u4e00\u4e0d\u8cb6\u503c\u3002\u96d6\u71362016\u5e74\u7684\u8cb6\u503c\u5e45\u5ea6\u5df2\u7d93\u6bd42014\u548c2015\u5e74\u7de9\u548c\u8a31\u591a\uff0c\u4f46\u5927\u90e8\u5206\u975e\u7f8e\u5143\u8ca8\u5e63\u4ecd\u7136\u7dad\u6301\u8cb6\u503c\u8da8\u52e2\uff1b\u5982\u679cFED\u57282017\u5e74\u771f\u7684\u5347\u606f\u81f3\u5c110.75%\u4ee5\u4e0a\uff0c\u90a3\u9ebc\u5168\u7403\u975e\u7f8e\u5143\u8ca8\u5e63\u5f88\u53ef\u80fd\u6703\u7dad\u6301\u76f8\u5c0d\u5f31\u52e2\u3002<\/p>\n<p class=\"Article_picinfo_normal\">\u57166\uff1a\u7f8e\u570bGDP\u5e74\u5ea6\u6210\u9577\u7387<br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.naipo.com\/Portals\/1\/web_tw\/images\/pic0175-013-a08.png\" alt=\"\" width=\"657\" height=\"276\" border=\"0\" \/><br \/>\n\u8cc7\u6599\u4f86\u6e90\uff1a<a href=\"http:\/\/www.tradingeconomics.com\/\" target=\"_top\">http:\/\/www.tradingeconomics.com<\/a><\/p>\n<p class=\"Article_picinfo_normal\">\u57167\uff1a2016\u5e7412\u6708FOMC\u7684\u7f8e\u570bGDP\u524d\u666f\u9810\u671f<br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.naipo.com\/Portals\/1\/web_tw\/images\/pic0175-013-a10.jpg\" alt=\"\" width=\"625\" height=\"211\" border=\"0\" \/><br \/>\n\u8cc7\u6599\u4f86\u6e90\uff1a<a href=\"https:\/\/www.federalreserve.gov\/\" target=\"_top\">\u7f8e\u570b\u806f\u6e96\u6703<\/a><\/p>\n<p>\u7576\u7136\uff0cFED\u8981\u80fd\u52a0\u5feb\u5347\u606f\u901f\u5ea6\uff0c\u9084\u5fc5\u9808\u6709\u7a69\u5b9a\u6210\u9577\u7684\u7d93\u6fdf\u914d\u5408\u3002\u7f8e\u570b2016\u5e74\u7b2c\u4e09\u5b63\u7684GDP\u6210\u9577\u7387\u662f1.6%\uff0c\u9019\u662f\u76f8\u5c0d\u65bc2015\u5e74\u7b2c\u4e09\u5b63\u7684\u6578\u64da\uff0c2015\u5e74\u7b2c\u56db\u5b63\u52302016\u5e74\u7b2c\u4e8c\u5b63\u7f8e\u570bGDP\u6210\u9577\u7387\u7684\u57fa\u671f\u9023\u4e09\u5b63\u4e0b\u964d\uff0c\u53ea\u8981\u7f8e\u570b\u672a\u4f86\u534a\u5e74\u5167\u4e0d\u8981\u51fa\u73fe\u5c0d\u7d93\u6fdf\u592a\u5927\u7684\u8ca0\u9762\u56e0\u7d20\uff0c\u57fa\u672c\u4e0a\u7f8e\u570b2017\u5e74\u7684GDP\u6210\u9577\u4e0d\u6703\u592a\u5dee\uff1b\u9019\u662f\u4f4e\u57fa\u671f\u52a0\u4e0a\u7d93\u6fdf\u64f4\u5f35\u7684\u5408\u7406\u9810\u671f\uff0c\u800c\u4e14\u7f8e\u570b\u5c31\u696d\u5e02\u5834\u5df2\u7d93\u9032\u5165\u8fd1\u5341\u5e74\u4f86\u6700\u5f37\u7684\u6210\u9577\u671f\uff0c\u6301\u7e8c\u7684\u5347\u606f\u5c0d\u65bc\u7f8e\u570b\u5c31\u696d\u5e02\u5834\u7684\u8ca0\u9762\u5f71\u97ff\u76f8\u5c0d\u7e2e\u5c0f\uff0c\u552f\u4e00\u7684\u98a8\u96aa\u53ea\u6709\u7f8e\u570b\u901a\u8ca8\u81a8\u8139\u3002<\/p>\n<p class=\"Article_picinfo_normal\">\u57168\uff1a\u8fd1\u5e74\u4f86\u7f8e\u570b\u91cd\u8981\u7d93\u6fdf\u6578\u64da\u8b8a\u5316<br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.naipo.com\/Portals\/1\/web_tw\/images\/pic0175-013-a12.jpg\" alt=\"\" width=\"612\" height=\"210\" border=\"0\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.naipo.com\/Portals\/1\/web_tw\/images\/pic0175-013-a14.jpg\" alt=\"\" width=\"575\" height=\"197\" border=\"0\" \/><br \/>\n\u8cc7\u6599\u4f86\u6e90\uff1a<a href=\"https:\/\/www.newyorkfed.org\/\" target=\"_top\">https:\/\/www.newyorkfed.org<\/a><\/p>\n<p class=\"Article_tittle_3_blue_bold\">\u901a\u81a8\u62c9\u5347 \u71df\u9020\u9069\u5408\u5347\u606f\u74b0\u5883<\/p>\n<p>\u7f8e\u570bFED\u5f9e2009\u5e74\u4e0a\u534a\u5e74\u6301\u7e8c\u5370\u9214\u6551\u5e02\uff0c\u4e09\u6b21\u7684\u91cf\u5316\u5bec\u9b06\u91cb\u51fa\u5927\u91cf\u8cc7\u91d1\u5230\u7f8e\u570b\u8cc7\u672c\u5e02\u5834\uff0c\u4f46\u662f\u7f8e\u570b\u7684\u901a\u8ca8\u81a8\u8139\u4e26\u6c92\u6709\u8d85\u6a19\u30022014\u5e74\u4e0b\u534a\u5e74\uff0c\u570b\u969b\u6cb9\u50f9\u5f9e\u4e00\u767e\u7f8e\u5143\u4ee5\u4e0a\u7684\u9ad8\u50f9\u9a5f\u8dcc\uff0c\u4e00\u5ea6\u91cd\u632b\u523020\u591a\u584a\u7f8e\u5143\uff0c\u5927\u5e45\u62c9\u4f4e\u4e86\u7f8e\u570b\u901a\u8ca8\u81a8\u8139\u6c34\u5e73\uff0c\u4f46\u662f\u96a8\u8457\u570b\u969b\u6cb9\u50f9\u518d\u5ea6\u6253\u5e95\u4e0a\u6f32\uff0c2015\u5e74\u7684\u4f4e\u5ea6\u901a\u8ca8\u81a8\u8139\u6210\u70ba\u4f4e\u57fa\u671f\uff0c\u588a\u9ad8\u4e862016\u5e74\u7684\u901a\u8ca8\u81a8\u8139\uff1b\u52a0\u4e0a\u7f8e\u570b\u670d\u52d9\u696d\u7684\u901a\u8ca8\u81a8\u8139\u8d8a\u4f86\u8d8a\u5f37\u52c1\uff0c\u7f8e\u570b\u6574\u9ad4\u901a\u8ca8\u81a8\u8139\u57282017\u5e74\u52e2\u5fc5\u6703\u8df3\u5347\u5230\u81f3\u5c112%\u7684\u6c34\u6e96\uff0c\u9019\u7d55\u5c0d\u662f\u8b93FED\u5347\u606f\u7684\u9069\u5408\u74b0\u5883\u3002<\/p>\n<p class=\"Article_picinfo_normal\">\u57169\uff1a\u8fd1\u5e74\u4f86\u7f8e\u570b\u4f01\u696d\u7372\u5229\u8b8a\u5316<br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.naipo.com\/Portals\/1\/web_tw\/images\/pic0175-013-a16.jpg\" alt=\"\" width=\"533\" height=\"374\" border=\"0\" \/><br \/>\n\u8cc7\u6599\u4f86\u6e90\uff1a<a href=\"https:\/\/www.newyorkfed.org\/\" target=\"_top\">https:\/\/www.newyorkfed.org<\/a><\/p>\n<p>\u5168\u7403\u91d1\u878d\u5e02\u5834\u666e\u904d\u9810\u671f\uff0c2017\u5e74\u7684\u6b50\u7f8e\u7d93\u6fdf\u6703\u5fa9\u7526\u66f4\u70ba\u5feb\u901f\uff0c\u901a\u8ca8\u81a8\u8139\u4e5f\u6703\u589e\u6eab\uff0c\u7f8e\u5143\u7e7c\u7e8c\u5347\u606f\u3001\u6b50\u5143\u7d50\u675f\u91cf\u5316\u5bec\u9b06\u53ea\u662f\u6642\u9593\u554f\u984c\u3002\u7576\u7136\u6b50\u5143\u7d50\u675f\u91cf\u5316\u5bec\u9b06\u7684\u6642\u9593\u9ede\u6703\u6bd4\u7f8e\u5143\u5347\u606f\u4f86\u5f97\u66f4\u665a\uff0c\u6240\u4ee5\u7f8e\u5143\u6307\u6578\u57282017\u5e74\u5927\u591a\u6578\u6642\u9593\u88e1\uff0c\u5f88\u53ef\u80fd\u9084\u6709\u5347\u503c\u7a7a\u9593\uff1b\u4e0d\u904e\u9019\u5c0d\u7f8e\u570b\u7684\u4f01\u696d\u71df\u904b\u6050\u6015\u6703\u662f\u8f03\u8ca0\u9762\u7684\u8a0a\u606f\uff0c2014\u5e74\u4e0b\u534a\u5e74\u958b\u59cb\u7684\u7f8e\u5143\u5feb\u901f\u5347\u503c\uff0c\u8b932015\u5e74\u7f8e\u570b\u4f01\u696d\u7684\u5be6\u9ad4\u71df\u904b\u4e0d\u751a\u7406\u60f3\uff0c2016\u5e74\u524d\u4e09\u5b63\u4e2d\u7f8e\u5143\u6307\u6578\u5448\u73fe\u76e4\u6574\u7684\u8da8\u52e2\uff0c\u7f8e\u570b\u4f01\u696d\u7684\u71df\u904b\u7372\u5229\u518d\u5ea6\u6b62\u8dcc\u56de\u5347\u3002<\/p>\n<p class=\"Article_tittle_3_blue_bold\">\u7f8e\u5143\u5347\u606f\u901f\u5ea6\u53ef\u80fd\u5f71\u97ff\u7f8e\u570b\u4f01\u696d\u6d77\u5916\u7372\u5229<\/p>\n<p>\u7531\u65bcS&amp;P500\u4f01\u696d\u56e0\u70ba\u6709\u9ad8\u6bd4\u91cd\u7684\u6d77\u5916\u696d\u52d9\uff0c\u4f01\u696d\u6536\u76ca\u4e3b\u8981\u662f\u975e\u7f8e\u5143\u8ca8\u5e63\u70ba\u4e3b\uff0c\u6240\u4ee5\u7f8e\u5143\u5982\u679c\u5347\u503c\u592a\u5feb\uff0cS&amp;P500\u4f01\u696d\u5c31\u6703\u9762\u81e8\u8f03\u56b4\u91cd\u7684\u532f\u514c\u640d\u5931\uff0c\u7576\u7136\u4ee5S&amp;P500\u7684\u4f01\u696d\u7af6\u722d\u529b\u4f86\u8aaa\uff0c\u5982\u679c\u7f8e\u5143\u6307\u6578\u7de9\u6162\u4e0a\u6f32\uff0c\u4f01\u696d\u53ef\u4ee5\u52c9\u5f37\u6490\u904e\u53bb\uff0c\u4f46\u662f\u7f8e\u5143\u6307\u6578\u4e0a\u6f32\u592a\u5feb\uff0cS&amp;P500\u4f01\u696d\u4e5f\u6703\u66ab\u6642\u9069\u61c9\u4e0d\u826f\uff0c\u6240\u4ee5FED\u4e5f\u6703\u89c0\u5bdf\u4f01\u696d\u7684\u71df\u904b\u72c0\u6cc1\uff0c\u4f86\u7576\u4f5c\u5347\u606f\u901f\u5ea6\u5feb\u6162\u7684\u5176\u4e2d\u4e00\u9805\u56e0\u7d20\u3002<\/p>\n<p>\u53e6\u5916\uff0c\u91d1\u878d\u5e02\u5834\u9084\u8a8d\u70ba\uff0c\u7f8e\u570b\u7684\u65b0\u7e3d\u7d71\u5ddd\u666e\uff08Donald Trump\uff09\u4e5f\u662f\u4e00\u9805\u5347\u606f\u8b8a\u6578\uff0c\u56e0\u70ba\u5ddd\u666e\u5728\u9078\u524d\u591a\u6b21\u6279\u8a55FED\u7684\u8ca8\u5e63\u653f\u7b56\uff0c\u6839\u64da\u7f8e\u570b\u7e3d\u7d71\u7684\u884c\u653f\u6b0a\u9650\uff0c\u4ed6\u53ef\u4ee5\u57282018\u5e74\u521d\u5c31\u66f4\u63dbFED\u8463\u4e8b\uff0c\u73fe\u4efb\u4e3b\u5e2d\u8449\u502b\uff08Janet Yellen\uff09\u78ba\u5be6\u53ef\u80fd\u6703\u4e0b\u53f0\uff0c\u4e26\u5f71\u97ffFED\u7684\u5229\u7387\u653f\u7b56\uff1b\u4f46\u5f9e\u653f\u6cbb\u65b9\u9762\u4f86\u8003\u91cf\uff0c\u9019\u5f88\u53ef\u80fd\u53ea\u662f\u9078\u524d\u7684\u5a92\u9ad4\u624b\u6cd5\uff0c\u5f9e\u653f\u6cbb\u7684\u89d2\u5ea6\u4f86\u770b\uff0c\u5ddd\u666e\u9078\u524d\u4e26\u975e\u57f7\u653f\u9ee8\uff0c\u6240\u4ee5\u6279\u5224\u57f7\u653f\u9ee8\u7684\u76f8\u95dc\u4eba\u4e8b\u4f48\u7f72\u548c\u570b\u5bb6\u653f\u7b56\u662f\u5f88\u6b63\u5e38\u7684\uff0c\u518d\u52a0\u4e0a\u5ddd\u666e\u9078\u524d\u767c\u8868\u8a31\u591a\u640f\u5a92\u9ad4\u7248\u9762\u7684\u8a87\u5f35\u8a00\u8ad6\uff0c\u6240\u4ee5\u5373\u4f7f\u5ddd\u666e\u66fe\u653e\u8a71\u5e72\u9810FED\uff0c\u5728\u9078\u5f8c\u53ef\u672a\u5fc5\u771f\u7684\u6703\u9019\u9ebc\u505a\u3002\u518d\u8005\uff0c\u4ed6\u4e5f\u4e0d\u9700\u8981\u89aa\u81ea\u5e72\u9810\uff0cFED\u81ea\u5df1\u5728\u5ddd\u666e\u4e0a\u53f0\u5f8c\uff0cFOMC\u6210\u54e1\u5c31\u6703\u56e0\u61c9\u5c40\u52e2\u800c\u6709\u6240\u8abf\u6574\u3002FED\u53ef\u80fd\u6703\u52a0\u5feb\u5347\u606f\u7684\u8173\u6b65\uff0c\u52a0\u4e0a\u5ddd\u666e\u7684\u64f4\u5927\u8ca1\u653f\u652f\u51fa\u65b9\u6848\u53ef\u4ee5\u7de9\u885d\u5347\u606f\u7684\u8ca0\u9762\u5f71\u97ff\u3002\u5ddd\u666e\u9078\u524d\u7684\u8a00\u8ad6\u5df2\u7d93\u8b93FED\u6210\u54e1\u611f\u5230\u58d3\u529b\uff0c\u8070\u660e\u7684\u5ddd\u666e\u6703\u91cd\u8996\u7d93\u6fdf\u6210\u9577\u751a\u65bc\u5e72\u9810FED\u7684\u8ca8\u5e63\u653f\u7b56\uff1b\u81f3\u65bc\u8ca8\u5e63\u653f\u7b56\u4e3b\u8ef8\uff0cFED\u6703\u9069\u7576\u300c\u5f48\u6027\u8abf\u6574\u300d\u7684\u3002<\/p>\n<p>http:\/\/www.naipo.com\/Portals\/1\/web_tw\/Knowledge_Center\/Editorial\/IPNC_161228_1502.htm<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>2016\u5e7412\u6708\uff0c\u7f8e\u570b\u806f\u6e96\u6703\uff08FED\uff09\u516c\u958b\u5e02\u5834\u64cd\u4f5c <a class=\"mh-excerpt-more\" href=\"https:\/\/blog.moneydj.com\/joe\/2016\/12\/29\/%e7%be%8e%e5%85%83%e5%8f%88%e5%8d%87%e6%81%af%e4%ba%86%ef%bc%8c%e7%84%b6%e5%be%8c%e5%91%a2%ef%bc%9f\/\" title=\"\u7f8e\u5143\u53c8\u5347\u606f\u4e86\uff0c\u7136\u5f8c\u5462\uff1f\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[],"class_list":["post-8842","post","type-post","status-publish","format-standard","hentry","category-news-opinion"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4VJae-2iC","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/blog.moneydj.com\/joe\/wp-json\/wp\/v2\/posts\/8842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.moneydj.com\/joe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.moneydj.com\/joe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.moneydj.com\/joe\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.moneydj.com\/joe\/wp-json\/wp\/v2\/comments?post=8842"}],"version-history":[{"count":1,"href":"https:\/\/blog.moneydj.com\/joe\/wp-json\/wp\/v2\/posts\/8842\/revisions"}],"predecessor-version":[{"id":8843,"href":"https:\/\/blog.moneydj.com\/joe\/wp-json\/wp\/v2\/posts\/8842\/revisions\/8843"}],"wp:attachment":[{"href":"https:\/\/blog.moneydj.com\/joe\/wp-json\/wp\/v2\/media?parent=8842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.moneydj.com\/joe\/wp-json\/wp\/v2\/categories?post=8842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.moneydj.com\/joe\/wp-json\/wp\/v2\/tags?post=8842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}