{"id":22606,"date":"2021-01-20T15:09:09","date_gmt":"2021-01-20T07:09:09","guid":{"rendered":"http:\/\/cn.dailyeconomic.com\/finance\/?p=22606"},"modified":"2021-01-20T15:09:09","modified_gmt":"2021-01-20T07:09:09","slug":"%e6%96%b0%e5%85%b4%e5%b8%82%e5%9c%ba%e6%97%a0%e9%9c%80%e8%bf%87%e4%ba%8e%e6%8b%85%e5%bf%a7%e7%be%8e%e8%81%94%e5%82%a8%e5%86%8d%e5%ba%a6%e5%bc%95%e8%87%b4%e7%bc%a9%e5%87%8f%e6%81%90%e6%85%8c","status":"publish","type":"post","link":"https:\/\/cn.dailyeconomic.com\/finance\/2021\/01\/20\/22606.html","title":{"rendered":"\u65b0\u5174\u5e02\u573a\u65e0\u9700\u8fc7\u4e8e\u62c5\u5fe7\u7f8e\u8054\u50a8\u518d\u5ea6\u5f15\u81f4\u201c\u7f29\u51cf\u6050\u614c\u201d"},"content":{"rendered":"

\u7f8e\u56fd\u653f\u5e9c\u503a\u5238\u5e02\u573a\u6700\u8fd1\u7684\u52a8\u8361\u518d\u6b21\u5f15\u53d1\u4e86\u5173\u4e8e\u6f5c\u5728\u7684\u201c\u7f29\u51cf\u6050\u614c\u201d(taper tantrum)\u7684\u8ba8\u8bba\uff0c\u8fd9\u53cd\u6620\u51fa\u4eba\u4eec\u9884\u671f\u53ef\u80fd\u51fa\u73b02013\u5e74\u7684\u60c5\u5f62\uff0c\u5f53\u65f6\u7f8e\u8054\u50a8\u6697\u793a\u6709\u610f\u524a\u51cf\u5e9e\u5927\u7684\u8d2d\u503a\u8ba1\u5212\uff0c\u5bfc\u81f4\u5229\u7387\u7a81\u7136\u4e0a\u5347\u3002<\/p>\n

\u5f53\u65f6\uff0c\u8be5\u6d88\u606f\u4ee4\u6295\u8d44\u8005\u5927\u5403\u4e00\u60ca\uff0c\u5e76\u9707\u52a8\u4e86\u65b0\u5174\u5e02\u573a\u3002\u4f46\u8fd9\u4e00\u6b21\uff0c\u51fa\u73b0\u7c7b\u4f3c\u60c5\u51b5\u7684\u53ef\u80fd\u6027\u4e0d\u5927\u2236\u7f8e\u8054\u50a8\u9c8d\u5a01\u5c14(Jerome Powell)\u8868\u793a\uff0c\u4ed6\u5e0c\u671b\u7f8e\u8054\u50a8\u5728\u4efb\u4f55\u7f29\u51cf\u4e4b\u524d\u63d0\u524d\u53d1\u51fa\u4fe1\u53f7\u3002<\/p>\n

\u800c\u4e14\u540c\u6837\u91cd\u8981\u7684\u662f\uff0c\u4e0e2013\u5e74\u76f8\u6bd4\uff0c\u53d1\u5c55\u4e2d\u5e02\u573a\u4f3c\u4e4e\u53d7\u5230\u4e86\u66f4\u597d\u7684\u4fdd\u62a4\u3002<\/p>\n

\u5bf9\u65b0\u5174\u5e02\u573a\u6765\u8bf4\uff0c\u5173\u7cfb\u91cd\u5927\u7684\u4e0d\u4ec5\u4ec5\u662f\u201c\u7f29\u51cf\u6050\u614c\u201d\u672c\u8eab\uff0c\u8fd8\u6709\u968f\u540e\u4e00\u5e74\u5916\u6c47\u5e02\u573a\u7684\u53d8\u5316\u3002\u4ece2014\u5e74\u6625\u5b63\u52302015\u5e74\u6625\u5b63\uff0cICE\u7f8e\u5143\u6307\u6570\u4e0a\u6da8\u4e8625%\u4e4b\u591a\u3002\u8fd9\u4e00\u6da8\u52bf\u6253\u4e71\u4e86\u4f01\u4e1a\u548c\u653f\u5e9c\u591a\u5e74\u7684\u89c4\u5212\uff0c\u5b83\u4eec\u539f\u672c\u9884\u8ba1\u7f8e\u5143\u4f1a\u76f8\u5bf9\u75b2\u8f6f\uff0c\u5f53\u65f6\u8fd9\u5df2\u662f\u8fd1\u5341\u5e74\u7684\u65b0\u5e38\u6001\u3002<\/p>\n

\u4f46\u76ee\u524d\u7684\u60c5\u51b5\u5e76\u975e\u5982\u6b64\u3002\u9996\u5148\uff0c\u7f8e\u5143\u57282020\u5e74\u7684\u8dcc\u5e45\u8fdc\u5c0f\u4e8e2000\u5e74\u4ee3\u4e2d\u671f\u66b4\u8dcc\u65f6\u7684\u5e45\u5ea6\u3002\u5982\u679c\u51fa\u73b0\u4e0e\u4e0a\u6b21\u5dee\u4e0d\u591a\u7684\u5347\u5e45\uff0c\u7f8e\u5143\u5c06\u8fdb\u5165\u53ea\u6709\u57282000\u5e74\u81f32002\u5e74\u4e4b\u95f4\u624d\u51fa\u73b0\u8fc7\u7684\u9ad8\u4f4d\u3002\u8fd9\u5e76\u975e\u4e0d\u53ef\u80fd\uff0c\u53ea\u662f\u53ef\u80fd\u6027\u4e5f\u4e0d\u9ad8\u3002<\/p>\n

\u65b0\u5174\u5e02\u573a\u4e5f\u6ca1\u6709\u5728\u75ab\u60c5\u671f\u95f4\u5927\u4e3e\u53d1\u884c\u7f8e\u5143\u503a\u52a1\u2236\u6839\u636e\u56fd\u9645\u6e05\u7b97\u94f6\u884c(Bank for International Settlements)\u7684\u6570\u636e\uff0c2020\u5e74\u7b2c\u4e00\u5b63\u5ea6\u81f3\u7b2c\u4e09\u5b63\u5ea6\uff0c\u53d1\u5c55\u4e2d\u56fd\u5bb6\u7684\u653f\u5e9c\u548c\u4f01\u4e1a\u5e73\u5747\u53d1\u884c\u4e86\u7ea6772.5\u4ebf\u7f8e\u5143\u7684\u4e2d\u957f\u671f\u7f8e\u5143\u503a\u5238\u3002\u8fd9\u6bd4\u524d\u4e09\u5e74\u5e73\u5747\u6bcf\u4e2a\u5b63\u5ea6\u53d1\u884c\u7684679.6\u4ebf\u7f8e\u5143\u9ad8\u4e0d\u4e86\u591a\u5c11\u3002<\/p>\n

2020\u5e74\u524d\u4e5d\u4e2a\u6708\uff0c\u8fd9\u4e9b\u56fd\u5bb6\u53d1\u884c\u7684\u671f\u9650\u4e0d\u5230\u4e00\u5e74\u7684\u503a\u5238\u51c0\u989d\u4e3a\u8d1f\u3002\u8fd9\u7c7b\u503a\u5238\u5bf9\u5229\u7387\u4e0a\u5347\u5e26\u6765\u7684\u518d\u878d\u8d44\u98ce\u9669\u6700\u4e3a\u654f\u611f\u3002<\/p>\n

\u6709\u9274\u4e8e\u6b64\uff0c\u5982\u679c\u7f8e\u5143\u56de\u5347\u5230\u75ab\u60c5\u4e4b\u524d\u7684\u6c34\u5e73\uff0c\u53d1\u5c55\u4e2d\u7ecf\u6d4e\u4f53\u7684\u503a\u5238\u548c\u80a1\u7968\u4e8c\u7ea7\u5e02\u573a\u5c06\u53d7\u5230\u51b2\u51fb\uff0c\u4f46\u5728\u773c\u4e0b\u7f8e\u5143\u8d70\u8f6f\u4e4b\u9645\uff0c\u5b9e\u9645\u65b0\u53d1\u884c\u7684\u503a\u5238\u548c\u80a1\u7968\u4f3c\u4e4e\u5e76\u6ca1\u6709\u8d81\u673a\u5927\u5e45\u589e\u52a0\u3002<\/p>\n

2020\u5e74\u975e\u5c45\u6c11\u8d44\u91d1\u6d41\u5165\u80a1\u5e02\u7684\u89c4\u6a21\u4e5f\u6ca1\u6709\u8fbe\u5230\u538b\u5012\u6027\u7684\u6c34\u5e73\u3002\u56fd\u9645\u91d1\u878d\u534f\u4f1a(Institute of International Finance)\u7684\u6570\u636e\u663e\u793a\uff0c\u4e0d\u5305\u62ec\u4e2d\u56fd\u80a1\u5e02\uff0c\u5916\u56fd\u6295\u8d44\u8005\u5bf9\u65b0\u5174\u5e02\u573a\u80a1\u7968\u7684\u8d2d\u4e70\u91cf\u4e0b\u964d\u3002\u63a5\u8fd1\u5e74\u5e95\u65f6\u8d44\u91d1\u6d41\u5165\u6709\u6240\u589e\u52a0\uff0c\u4f46\u65b0\u5174\u5e02\u573a\u80a1\u5e02\u666e\u904d\u6ca1\u6709\u8db3\u4ee5\u5e26\u6765\u771f\u6b63\u98ce\u9669\u7684\u6301\u7eed\u70ed\u94b1\u6d41\u5165\u3002\u5c3d\u7ba1\u5370\u5ea6\u80a1\u5e02\u53bb\u5e74\u53d7\u5230\u56fd\u9645\u6295\u8d44\u8005\u7684\u6b22\u8fce\uff0c\u4f46\u97e9\u56fd\u7b49\u770b\u4f3c\u5b58\u5728\u6ce1\u6cab\u7684\u80a1\u5e02\u5374\u662f\u53d7\u5230\u4e86\u56fd\u5185\u4ea4\u6613\u7684\u63d0\u632f\u3002<\/p>\n

\u7f8e\u8054\u50a8\u53d8\u5f97\u66f4\u52a0\u8c28\u614e\uff0c\u4eba\u4eec\u5bf9\u4e0a\u4e00\u6b21\u6050\u614c\u94ed\u8bb0\u4e8e\u5fc3\uff0c\u800c\u4e14\u65b0\u5174\u5e02\u573a\u53d1\u884c\u4eba\u8086\u65e0\u5fcc\u60ee\u5730\u501f\u5165\u7f8e\u5143\u7684\u8ff9\u8c61\u51cf\u5c11\uff0c\u5728\u8fd9\u79cd\u60c5\u51b5\u4e0b\uff0c\u8fd9\u4e00\u6b21\u5e02\u573a\u51fa\u73b0\u6050\u614c\u53cd\u5e94\u7684\u53ef\u80fd\u6027\u4f3c\u4e4e\u66f4\u5c0f\u4e86\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u7f8e\u56fd\u653f\u5e9c\u503a\u5238\u5e02\u573a\u6700\u8fd1\u7684\u52a8\u8361\u518d\u6b21\u5f15\u53d1\u4e86\u5173\u4e8e\u6f5c\u5728\u7684\u201c\u7f29\u51cf\u6050\u614c\u201d(taper […]<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22606","post","type-post","status-publish","format-standard","category-news"],"_links":{"self":[{"href":"https:\/\/cn.dailyeconomic.com\/finance\/wp-json\/wp\/v2\/posts\/22606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cn.dailyeconomic.com\/finance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cn.dailyeconomic.com\/finance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cn.dailyeconomic.com\/finance\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cn.dailyeconomic.com\/finance\/wp-json\/wp\/v2\/comments?post=22606"}],"version-history":[{"count":1,"href":"https:\/\/cn.dailyeconomic.com\/finance\/wp-json\/wp\/v2\/posts\/22606\/revisions"}],"predecessor-version":[{"id":22607,"href":"https:\/\/cn.dailyeconomic.com\/finance\/wp-json\/wp\/v2\/posts\/22606\/revisions\/22607"}],"wp:attachment":[{"href":"https:\/\/cn.dailyeconomic.com\/finance\/wp-json\/wp\/v2\/media?parent=22606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cn.dailyeconomic.com\/finance\/wp-json\/wp\/v2\/categories?post=22606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cn.dailyeconomic.com\/finance\/wp-json\/wp\/v2\/tags?post=22606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}