{"id":44320,"date":"2026-04-10T09:04:12","date_gmt":"2026-04-10T09:04:12","guid":{"rendered":"https:\/\/www.vtmarketsmy.com\/cn\/uncategorized\/3%e6%9c%88%ef%bc%8c%e5%93%a5%e4%bc%a6%e6%af%94%e4%ba%9a%e6%9c%88%e5%ba%a6cpi%e4%b8%8a%e6%b6%a80-78%ef%bc%8c%e9%ab%98%e4%ba%8e%e7%bb%8f%e6%b5%8e%e5%ad%a6%e5%ae%b6%e9%a2%84%e6%b5%8b%e7%9a%840-69\/"},"modified":"2026-04-10T09:04:12","modified_gmt":"2026-04-10T09:04:12","slug":"3%e6%9c%88%ef%bc%8c%e5%93%a5%e4%bc%a6%e6%af%94%e4%ba%9a%e6%9c%88%e5%ba%a6cpi%e4%b8%8a%e6%b6%a80-78%ef%bc%8c%e9%ab%98%e4%ba%8e%e7%bb%8f%e6%b5%8e%e5%ad%a6%e5%ae%b6%e9%a2%84%e6%b5%8b%e7%9a%840-69","status":"publish","type":"post","link":"https:\/\/www.vtmarketsmy.com\/cn\/live-updates\/3%e6%9c%88%ef%bc%8c%e5%93%a5%e4%bc%a6%e6%af%94%e4%ba%9a%e6%9c%88%e5%ba%a6cpi%e4%b8%8a%e6%b6%a80-78%ef%bc%8c%e9%ab%98%e4%ba%8e%e7%bb%8f%e6%b5%8e%e5%ad%a6%e5%ae%b6%e9%a2%84%e6%b5%8b%e7%9a%840-69\/","title":{"rendered":"3\u6708\uff0c\u54e5\u4f26\u6bd4\u4e9a\u6708\u5ea6CPI\u4e0a\u6da80.78%\uff0c\u9ad8\u4e8e\u7ecf\u6d4e\u5b66\u5bb6\u9884\u6d4b\u76840.69%"},"content":{"rendered":"

\u54e5\u4f26\u6bd4\u4e9a\u6d88\u8d39\u8005\u4ef7\u683c\u6307\u6570\uff08CPI\uff0c\u6309\u6708\uff09\u57283\u6708\u4e0a\u53470.78%\uff0c\u9ad8\u4e8e\u5e02\u573a\u9884\u671f\u76840.69%\u3002<\/p>\n

\u6570\u636e\u663e\u793a\uff0c\u5f53\u6708\u901a\u80c0\u5347\u5e45\u9ad8\u4e8e\u9884\u6d4b\u3002\u76ee\u524d\u4ec5\u63d0\u4f9b\u4e86\u6309\u6708CPI\u6570\u636e\u53ca\u5e02\u573a\u9884\u671f\uff0c\u6ca1\u6709\u63d0\u4f9b\u5176\u4ed6\u7ec6\u9879\u3002<\/p>\n

Inflation Surprise And Policy Implications<\/h3>\n

3\u6708\u901a\u80c0\u6309\u6708\u53470.78%\uff0c\u9ad8\u4e8e\u9884\u671f\uff0c\u53cd\u6620\u7269\u4ef7\u4e0a\u6da8\u538b\u529b\uff08\u5373\u5546\u54c1\u4e0e\u670d\u52a1\u4ef7\u683c\u6301\u7eed\u4e0a\u5347\u7684\u60c5\u51b5\uff09\u7f13\u89e3\u901f\u5ea6\u6bd4\u539f\u5148\u4f30\u8ba1\u66f4\u6162\u3002\u8fd9\u53ef\u80fd\u4fc3\u4f7f\u54e5\u4f26\u6bd4\u4e9a\u5171\u548c\u56fd\u94f6\u884c\uff08Banco de la Rep\u00fablica\uff0c\u54e5\u4f26\u6bd4\u4e9a\u4e2d\u592e\u94f6\u884c\uff09\u91cd\u65b0\u8bc4\u4f30\u5176\u653e\u5bbd\u8d27\u5e01\u653f\u7b56\uff08\u4e00\u822c\u6307\u964d\u606f\u6216\u51cf\u5c11\u7d27\u7f29\u529b\u5ea6\uff09\u7684\u8282\u594f\u3002\u63a5\u4e0b\u6765\u51e0\u6b21\u8bae\u606f\u4f1a\u8bae\u4e0a\uff0c\u592e\u884c\u7acb\u573a\u53ef\u80fd\u66f4\u504f\u201c\u9e70\u6d3e\u201d\uff08\u5373\u66f4\u503e\u5411\u7ef4\u6301\u8f83\u9ad8\u5229\u7387\u3001\u4f18\u5148\u538b\u5236\u901a\u80c0\uff0c\u800c\u975e\u5c3d\u5feb\u964d\u606f\u523a\u6fc0\u7ecf\u6d4e\uff09\u3002<\/p>\n

\u5728\u5e74\u901a\u80c0\u7387\u5df2\u8fbe5.8%\u7684\u60c5\u51b5\u4e0b\uff08\u201c\u5e74\u901a\u80c0\u7387\u201d\u6307\u4e0e\u4e00\u5e74\u524d\u540c\u6708\u76f8\u6bd4\u7684\u6da8\u5e45\uff09\uff0c\u4ecd\u660e\u663e\u9ad8\u4e8e\u5b98\u65b93%\u76ee\u6807\uff0c\u8fd9\u7ec4\u6570\u636e\u652f\u6301\u653f\u7b56\u5229\u7387\uff08\u592e\u884c\u8bbe\u5b9a\u3001\u5f71\u54cd\u6574\u4f53\u5e02\u573a\u5229\u7387\u7684\u57fa\u51c6\u5229\u7387\uff09\u7ee7\u7eed\u7ef4\u6301\u5728\u5f53\u524d9.50%\u7684\u8f83\u9ad8\u6c34\u5e73\u3002\u4ea4\u6613\u8005\u53ef\u5173\u6ce8\u5229\u7387\u66f2\u7ebf\uff08\u4e0d\u540c\u671f\u9650\u5229\u7387\u7684\u5206\u5e03\uff0c\u7528\u6765\u53cd\u6620\u5e02\u573a\u5bf9\u672a\u6765\u5229\u7387\u7684\u9884\u671f\uff09\u4e2d\u201c\u7b2c\u4e8c\u5b63\u964d\u606f\u6b21\u6570\u88ab\u4e0b\u8c03\u201d\u7684\u673a\u4f1a\uff0c\u5373\u5e02\u573a\u53ef\u80fd\u4f1a\u51cf\u5c11\u5bf9\u964d\u606f\u7684\u62bc\u6ce8\u3002\u8fd9\u4e0e2025\u5e74\u5e02\u573a\u9010\u6b65\u5f62\u6210\u7684\u201c\u66f4\u5feb\u964d\u606f\u8def\u5f84\u201d\u9884\u671f\u76f8\u6bd4\uff0c\u5c5e\u4e8e\u660e\u663e\u8f6c\u5411\u3002<\/p>\n

\u8fd9\u4e5f\u8ba9\u54e5\u4f26\u6bd4\u4e9a\u6bd4\u7d22\uff08COP\uff09\u5bf9\u201c\u5229\u5dee\u4ea4\u6613\u201d\uff08carry trade\uff1a\u501f\u5165\u4f4e\u5229\u7387\u8d27\u5e01\u3001\u4e70\u5165\u9ad8\u5229\u7387\u8d27\u5e01\u4ee5\u8d5a\u53d6\u5229\u5dee\uff09\u66f4\u5177\u5438\u5f15\u529b\uff0c\u56e0\u4e3a\u5176\u4e0e\u5176\u4ed6\u8d27\u5e01\u7684\u5229\u7387\u5dee\uff08interest rate differential\uff1a\u4e24\u79cd\u8d27\u5e01\u5229\u7387\u4e4b\u95f4\u7684\u5dee\u8ddd\uff09\u4ecd\u7136\u504f\u5927\u3002\u82e5\u7f8e\u8054\u50a8\u91ca\u653e\u653f\u7b56\u7ef4\u6301\u7a33\u5b9a\u7684\u4fe1\u53f7\uff0cCOP\u76f8\u5bf9\u7f8e\u5143\u53ef\u80fd\u8fdb\u4e00\u6b65\u8d70\u5f3a\u3002\u672a\u6765\u6570\u5468\uff0c\u7f8e\u5143\/\u54e5\u4f26\u6bd4\u4e9a\u6bd4\u7d22\uff08USD\/COP\uff09\u6c47\u7387\u66f4\u53ef\u80fd\u671d3,800\u6c34\u5e73\u9760\u62e2\uff08\u53731\u7f8e\u5143\u53ef\u5151\u6362\u7684\u6bd4\u7d22\u6570\u91cf\u4e0b\u964d\uff0c\u4ee3\u8868\u6bd4\u7d22\u5347\u503c\uff09\u3002<\/p>\n

\u540c\u65f6\u4e5f\u9700\u8bb0\u5f97\uff0c\u592e\u884c\u66fe\u57282023\u5e74\u4e3a\u5e94\u5bf9\u7c7b\u4f3c\u7684\u7269\u4ef7\u4e0a\u5347\u800c\u8fdb\u884c\u6fc0\u8fdb\u52a0\u606f\u5468\u671f\uff08hiking cycle\uff1a\u8fde\u7eed\u52a0\u606f\u7684\u4e00\u6bb5\u65f6\u671f\uff09\uff0c\u663e\u793a\u5176\u613f\u610f\u4f18\u5148\u5c65\u884c\u901a\u80c0\u63a7\u5236\u4f7f\u547d\uff08inflation mandate\uff1a\u592e\u884c\u4ee5\u7a33\u5b9a\u7269\u4ef7\u4e3a\u4e3b\u8981\u804c\u8d23\uff09\uff0c\u5373\u4f7f\u77ed\u671f\u7ecf\u6d4e\u589e\u957f\u4f1a\u53d7\u5230\u5f71\u54cd\u3002\u8fd9\u6bb5\u5386\u53f2\u589e\u5f3a\u4e86\u201c\u592e\u884c\u76ee\u524d\u4f1a\u66f4\u8c28\u614e\u3001\u504f\u5411\u7ef4\u6301\u8f83\u9ad8\u5229\u7387\u201d\u7684\u5224\u65ad\u4f9d\u636e\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u54e5\u4f26\u6bd4\u4e9a3\u6708CPI\u6708\u589e0.78%\u7206\u51b7\u9ad8\u4e8e\u9884\u671f\uff0c\u901a\u80c0\u964d\u6e29\u66f4\u6162\uff1b\u592e\u884c\u6216\u8f6c\u9e70\u3001\u5ef6\u540e\u964d\u606f\uff0c\u5229\u5dee\u4ea4\u6613\u652f\u6491COP\u8d70\u5f3a\uff0cUSD\/COP\u6216\u903c\u8fd13,800\u3002<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[129],"tags":[],"class_list":["post-44320","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/44320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/comments?post=44320"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/44320\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media?parent=44320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/categories?post=44320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/tags?post=44320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}