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2022 \u81f3 2023 \u5e74\u4ea6\u51fa\u73fe\u904e\u76f8\u8fd1\u60c5\u6cc1\uff1a\u80fd\u6e90\u50f9\u683c\u885d\u64ca\u4ee4\u591a\u570b\u592e\u884c\u5927\u5e45\u52a0\u606f\u3002\u7576\u6642\u767d\u9280\u4f5c\u70ba\u907f\u96aa\u8cc7\u7522\uff08safe haven\uff1a\u5e02\u5834\u52d5\u76ea\u6642\u8cc7\u91d1\u504f\u597d\u7684\u76f8\u5c0d\u7a69\u5b9a\u8cc7\u7522\uff09\u7684\u4f5c\u7528\uff0c\u88ab\u8f03\u9ad8\u5229\u7387\u5e36\u4f86\u7684\u8f03\u9ad8\u56de\u5831\u5438\u5f15\u529b\u84cb\u904e\uff0c\u50f9\u683c\u8868\u73fe\u843d\u5f8c\u3002\u904e\u53bb\u7d93\u9a57\u986f\u793a\uff0c\u7576\u806f\u5132\u5c40\u63a1\u53d6\u504f\u9df9\u7acb\u5834\uff08hawkish\uff1a\u504f\u5411\u52a0\u606f\u6216\u7dad\u6301\u9ad8\u5229\u7387\u4ee5\u58d3\u6291\u901a\u8139\uff09\u5c0d\u6297\u901a\u8139\u6642\uff0c\u5c0d\u767d\u9280\u4ea4\u6613\u8005\u800c\u8a00\uff0c\u5229\u7387\u56e0\u7d20\u5f80\u5f80\u6bd4\u5730\u7de3\u653f\u6cbb\u4e0d\u78ba\u5b9a\u6027\u66f4\u5177\u4e3b\u5c0e\u3002 <\/p>\n

\u5e02\u5834\u61c9\u5bc6\u5207\u7559\u610f\u5468\u4e8c\u516c\u5e03\u7684 PPI\u3002\u82e5 PPI \u504f\u9ad8\uff0c\u5c07\u78ba\u8a8d\u901a\u8139\u58d3\u529b\u4ecd\u5728\u7d2f\u7a4d\uff0c\u6216\u63a8\u52d5\u7f8e\u5143\u9032\u4e00\u6b65\u8d70\u5f37\uff0c\u4e26\u52a0\u5927\u767d\u9280\u4e0b\u884c\u58d3\u529b\u3002 <\/p>\n

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