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\u7f8e\u8054\u50a8\u504f\u9e70\u6d3e\uff08hawkish\uff1b\u503e\u5411\u7d27\u7f29\u3001\u504f\u597d\u66f4\u9ad8\u5229\u7387\u4ee5\u538b\u901a\u80c0\uff09\u7684\u7acb\u573a\u610f\u5473\u7740\u9700\u66f4\u8c28\u614e\u770b\u5f85\u5927\u76d8\uff0c\u5c24\u5176\u662f\u5229\u7387\u654f\u611f\u677f\u5757\uff08rate-sensitive sectors\uff1b\u5bf9\u5229\u7387\u53d8\u5316\u66f4\u654f\u611f\u7684\u884c\u4e1a\uff0c\u5982\u623f\u5730\u4ea7\u3001\u516c\u7528\u4e8b\u4e1a\u7b49\uff09\u3002\u8fd9\u4e0e2025\u5e74\u5e95\u5e02\u573a\u9884\u671f\u591a\u6b21\u964d\u606f\u7684\u5b9a\u4ef7\u660e\u663e\u4e0d\u540c\u3002\u56e0\u6b64\uff0c\u6211\u4eec\u7528\u90e8\u5206\u7ec4\u5408\u4e70\u5165\u9053\u743c\u65af\u6307\u6570\u7684\u4fdd\u62a4\u6027\u770b\u8dcc\u671f\u6743\uff08protective put\uff1b\u6301\u6709\u8d44\u4ea7\u540c\u65f6\u4e70\u5165\u770b\u8dcc\u671f\u6743\u7528\u4e8e\u4e0b\u8dcc\u65f6\u5bf9\u51b2\uff09\uff0c\u56e0\u4e3a\u9053\u6307\u8fd1\u671f\u76f8\u5bf9\u66f4\u5f31\uff0c\u800c\u7eb3\u6307100\u66f4\u504f\u79d1\u6280\u80a1\u3002<\/p>\n

FOMC\u6295\u7968\u51fa\u73b08\u6bd44\u7684\u5206\u88c2\u975e\u5e38\u7f55\u89c1\uff0c\u53cd\u6620\u5bf9\u672a\u6765\u5229\u7387\u8def\u5f84\u5b58\u5728\u660e\u663e\u5206\u6b67\u3002\u8fd9\u79cd\u5185\u90e8\u51b2\u7a81\u6c34\u5e73\u4e3a1992\u5e74\u4ee5\u6765\u6700\u9ad8\uff0c\u610f\u5473\u7740\u540e\u7eed\u653f\u7b56\u58f0\u660e\u53ef\u80fd\u66f4\u96be\u9884\u6d4b\uff0c\u5e76\u5f15\u53d1\u5e02\u573a\u5267\u70c8\u53cd\u5e94\u3002\u56e0\u6b64\uff0c\u6211\u4eec\u4f1a\u9488\u5bf9\u672a\u6765\u51e0\u4efd\u6708\u5ea6\u901a\u80c0\u62a5\u544a\uff08\u5bf9\u7f8e\u8054\u50a8\u5185\u90e8\u4e89\u8bba\u5f71\u54cd\u5173\u952e\uff09\u53ef\u80fd\u5e26\u6765\u7684\u60c5\u7eea\u8fc7\u5ea6\u53cd\u5e94\u8fdb\u884c\u5e03\u5c40\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

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