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\u7f8e\u570b\u7b2c\u56db\u5b63\u6838\u5fc3\u500b\u4eba\u6d88\u8cbb\u958b\u652f\uff08Core PCE\uff09\u6309\u5b63\u4e0a\u53472.7%\uff0c\u7b26\u5408\u5e02\u5834\u9810\u671f\u3002<\/p>\n

\u6838\u5fc3PCE\u7269\u50f9\u6307\u6578\u7528\u4f86\u8861\u91cf\u901a\u8139\uff0c\u4f46\u6703\u6263\u9664\u98df\u54c1\u53ca\u80fd\u6e90\u7b49\u50f9\u683c\u6ce2\u52d5\u8f03\u5927\u7684\u9805\u76ee\uff0c\u5f9e\u800c\u66f4\u53cd\u6620\u6d88\u8cbb\u958b\u652f\u7684\u300c\u57fa\u672c\u300d\u50f9\u683c\u8b8a\u5316\u3002<\/p>\n

\u5e02\u5834\u5f71\u97ff\u8207\u6ce2\u52d5<\/h3>\n

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\u5c0d\u80a1\u7968\u6307\u6578\u4ea4\u6613\u8005\u800c\u8a00\uff0c\u8f03\u5e38\u898b\u7684\u90e8\u7f72\u662f\u6cbd\u51fa\u770b\u6f32\u671f\u6b0a\uff08Upside calls\uff0c\u5373\u5728\u6307\u6578\u4e0a\u5347\u6642\u624d\u6709\u5229\u53ef\u5716\u7684\u671f\u6b0a\uff09\u6216\u5efa\u7acb\u770b\u6f32\u50f9\u5dee\u7b56\u7565\uff08Call credit spread\uff0c\u5373\u540c\u6642\u300c\u8ce3\u51fa\u8f03\u4f4e\u884c\u4f7f\u50f9\u7684\u770b\u6f32\u671f\u6b0a\u3001\u8cb7\u5165\u8f03\u9ad8\u884c\u4f7f\u50f9\u7684\u770b\u6f32\u671f\u6b0a\u300d\uff0c\u6536\u53d6\u671f\u6b0a\u91d1\uff0c\u9069\u5408\u9810\u671f\u5e02\u6cc1\u4e0d\u4e0a\u4e0d\u4e0b\u6216\u5c0f\u5e45\u4e0b\u8dcc\uff09\u3002\u5728\u300c\u5229\u7387\u9ad8\u4f4d\u7dad\u6301\u8f03\u9577\u6642\u9593\u300d\uff08Higher for longer\uff09\u7684\u60c5\u6cc1\u4e0b\uff0c\u901a\u5e38\u6703\u9650\u5236\u6a19\u666e500\u7b49\u5927\u578b\u6307\u6578\u7684\u5347\u5e45\u3002\u9019\u985e\u7b56\u7565\u5728\u672a\u4f86\u6578\u661f\u671f\u82e5\u5e02\u5834\u6a6b\u884c\u6216\u8f15\u5fae\u56de\u843d\uff0c\u8f03\u6709\u5229\u3002<\/p>\n

2024\u5e74\u5927\u90e8\u5206\u6642\u9593\u4ea6\u66fe\u51fa\u73fe\u985e\u4f3c\u60c5\u6cc1\uff1a\u901a\u8139\u6578\u64da\u504f\u9ad8\uff0c\u8feb\u4f7f\u4ea4\u6613\u8005\u4e00\u518d\u5ef6\u5f8c\u5c0d\u6e1b\u606f\u6642\u9593\u7684\u9810\u671f\u3002\u7576\u6642\uff0c\u8f03\u591a\u56de\u5831\u4f86\u81ea\u62bc\u6ce8\u300c\u4e0d\u6703\u51fa\u73fe\u5927\u5e45\u6ce2\u52d5\u300d\u7684\u7b56\u7565\uff0c\u800c\u975e\u9810\u671f\u5e02\u5834\u6703\u51fa\u73fe\u660e\u986f\u55ae\u908a\u7a81\u7834\u3002\u5f9e\u904e\u5f80\u7d93\u9a57\u770b\uff0c\u5728\u901a\u8139\u672a\u6709\u66f4\u660e\u986f\u964d\u6eab\u524d\uff0c\u4e0d\u5b9c\u904e\u5ea6\u62bc\u6ce8\u5e02\u5834\u5927\u5e45\u53cd\u5f48\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

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