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class=\"wp-block-heading has-large-font-size\">\u8be5\u7b56\u7565\u80cc\u540e\u7684\u7ed3\u6784\u6027\u98ce\u9669<\/h2>\n\n\n\n<p>\u5f53\u524d\u7684\u95ee\u9898\u5728\u4e8e\uff0cSLR\u5c06\u7f8e\u56fd\u56fd\u503a\u89c6\u4e3a\u8d44\u672c\u5360\u7528\u8f83\u9ad8\u7684\u8d44\u4ea7\u3002\u81ea2020\u5e74\u4ee5\u6765\uff0c\u7f8e\u56fd\u653f\u5e9c\u53d1\u884c\u4e86\u6570\u4e07\u4ebf\u7f8e\u5143\u7684\u65b0\u503a\u52a1\u3002\u94f6\u884c\u662f\u8fd9\u4e9b\u503a\u52a1\u7684\u4e3b\u8981\u4e70\u5bb6\uff0c\u4f46\u5728SLR\u9650\u5236\u4e0b\uff0c\u6bcf\u589e\u52a0\u4e00\u7b14\u56fd\u503a\u8d2d\u4e70\u90fd\u9700\u8981\u989d\u5916\u7b79\u96c6\u6602\u8d35\u8d44\u672c\u3002<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Proposed changes to the Supplementary Leverage Ratio could allow banks and their subsidiaries to hold more Treasury securities. <br><br>Here&#39;s what that means in practice: <a href=\"https:\/\/t.co\/UA1KnYhJNI\">https:\/\/t.co\/UA1KnYhJNI<\/a><\/p>&mdash; ING Economics (@ING_Economics) <a href=\"https:\/\/twitter.com\/ING_Economics\/status\/1956615912066367939?ref_src=twsrc%5Etfw\">August 16, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>\u56e0\u6b64\uff0c\u94f6\u884c\u9010\u6e10\u51cf\u5c11\u5bf9\u56fd\u503a\u7684\u5438\u7eb3\uff0c\u8fd9\u5728\u4e00\u5b9a\u7a0b\u5ea6\u4e0a\u589e\u52a0\u4e86\u503a\u5238\u5e02\u573a\u7684\u8106\u5f31\u6027\u3002<\/p>\n\n\n\n<p>\u6c83\u4ec0\u4e0e\u65af\u79d1\u7279\u00b7\u8d1d\u68ee\u7279\uff08Scott Bessent\uff09\u90fd\u66fe\u6279\u8bc4\u8fd9\u4e00\u6846\u67b6\u3002\u4ed6\u4eec\u8ba4\u4e3a\uff0c\u7f8e\u56fd\u56fd\u503a\u662f\u91d1\u878d\u4f53\u7cfb\u4e2d\u6700\u5b89\u5168\u7684\u8d44\u4ea7\uff0c\u4e0d\u5e94\u50cf\u9ad8\u98ce\u9669\u8d37\u6b3e\u4e00\u6837\u9650\u5236\u94f6\u884c\u8d44\u4ea7\u8d1f\u503a\u8868\u3002<\/p>\n\n\n\n<p>\u5982\u679c\u53d6\u6d88\u6216\u653e\u5bbdSLR\u9650\u5236\uff0c\u94f6\u884c\u5c06\u91ca\u653e\u8d44\u4ea7\u8d1f\u503a\u8868\u7a7a\u95f4\uff0c\u6062\u590d\u5bf9\u56fd\u503a\u7684\u9700\u6c42\uff0c\u5e76\u7a33\u5b9a\u5e02\u573a\u57fa\u7840\u8bbe\u65bd\u3002<\/p>\n\n\n\n<p>\u4f46\u8fd9\u79cd\u505a\u6cd5\u4e5f\u5b58\u5728\u98ce\u9669\u3002\u53d6\u6d88\u6760\u6746\u7ea6\u675f\u53ef\u4ee5\u6539\u5584\u6d41\u52a8\u6027\uff0c\u4f46\u4e5f\u79fb\u9664\u4e86\u5b89\u5168\u5e26\u3002\u94f6\u884c\u53ef\u80fd\u901a\u8fc7\u9ad8\u6760\u6746\u79ef\u7d2f\u653f\u5e9c\u503a\u52a1\u3002\u5982\u679c\u901a\u80c0\u91cd\u65b0\u4e0a\u5347\u5bfc\u81f4\u503a\u5238\u4ef7\u683c\u4e0b\u8dcc\uff0c\u94f6\u884c\u8d44\u672c\u53ef\u80fd\u8fc5\u901f\u88ab\u4fb5\u8680\uff0c\u7cfb\u7edf\u7a33\u5b9a\u6027\u5c06\u53d7\u5230\u5a01\u80c1\u2014\u2014\u4e0d\u662f\u56e0\u4e3a\u8d44\u4ea7\u6709\u6bd2\uff0c\u800c\u662f\u56e0\u4e3a\u6760\u6746\u5931\u63a7\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-large-font-size\">\u653f\u6cbb\u4e0e\u7ecf\u6d4e\u903b\u8f91<\/h2>\n\n\n\n<p>\u4ece\u653f\u6cbb\u89d2\u5ea6\u770b\uff0c\u8fd9\u4e00\u7b56\u7565\u4ecd\u7136\u53ef\u80fd\u662f\u7406\u6027\u7684\u3002<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">President Trump said he is ordering his representatives to buy $200 billion in mortgage bonds to bring down housing costs <a href=\"https:\/\/t.co\/PCiCmNvkPV\">https:\/\/t.co\/PCiCmNvkPV<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/2009465173187191197?ref_src=twsrc%5Etfw\">January 9, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>\u5982\u679c\u62b5\u62bc\u8d37\u6b3e\u5229\u7387\u957f\u671f\u7ef4\u6301\u9ad8\u4f4d\uff0c\u7279\u6717\u666e\u96be\u4ee5\u7ef4\u6301\u5f3a\u52b2\u7684\u7ecf\u6d4e\u53d9\u4e8b\u3002\u4f4f\u623f\u53ef\u8d1f\u62c5\u6027\u5728\u653f\u6cbb\u4e0a\u5f80\u5f80\u6bd4\u80a1\u5e02\u8868\u73b0\u66f4\u5177\u5f71\u54cd\u529b\u3002\u727a\u7272\u80a1\u5e02\u52a8\u80fd\u4ee5\u6062\u590d\u503a\u5238\u5e02\u573a\u7684\u5b9a\u4ef7\u7eaa\u5f8b\uff0c\u6700\u7ec8\u53ef\u80fd\u964d\u4f4e\u957f\u671f\u6536\u76ca\u7387\u548c\u62b5\u62bc\u8d37\u6b3e\u5229\u7387\u3002<\/p>\n\n\n\n<p>\u7ed3\u675f\u91cf\u5316\u5bbd\u677e\u53ef\u80fd\u538b\u5236\u80a1\u5e02\uff0c\u4f46\u4f1a\u6062\u590d\u503a\u5238\u5e02\u573a\u7684\u4ef7\u683c\u53d1\u73b0\u673a\u5236\u3002\u5982\u679c\u901a\u80c0\u9884\u671f\u4e0b\u964d\uff0c\u62b5\u62bc\u8d37\u6b3e\u5229\u7387\u6700\u7ec8\u4e5f\u4f1a\u4e0b\u964d\u3002<\/p>\n\n\n\n<p>\u8fd9\u79cd\u53d6\u820d\u610f\u5473\u7740\u4f18\u5148\u8003\u8651\u957f\u671f\u7ecf\u6d4e\u7a33\u5b9a\uff0c\u800c\u4e0d\u662f\u77ed\u671f\u8d44\u4ea7\u901a\u80c0\u3002<\/p>\n\n\n\n<h2 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