{"id":49395,"date":"2026-06-18T15:40:30","date_gmt":"2026-06-18T15:40:30","guid":{"rendered":"https:\/\/www.vtmarketsmy.com\/cn\/uncategorized\/%e7%be%8e%e8%81%94%e5%82%a8%e7%ab%8b%e5%9c%ba%e5%9d%9a%e5%ae%9a%ef%bc%8c%e7%be%8e%e5%85%83%e9%87%8d%e6%96%b0%e4%b8%8e%e5%88%a9%e5%b7%ae%e6%8c%82%e9%92%a9%ef%bc%8c%e6%b5%8b%e8%af%9512%e4%b8%aa%e6%9c%88\/"},"modified":"2026-06-18T15:40:30","modified_gmt":"2026-06-18T15:40:30","slug":"%e7%be%8e%e8%81%94%e5%82%a8%e7%ab%8b%e5%9c%ba%e5%9d%9a%e5%ae%9a%ef%bc%8c%e7%be%8e%e5%85%83%e9%87%8d%e6%96%b0%e4%b8%8e%e5%88%a9%e5%b7%ae%e6%8c%82%e9%92%a9%ef%bc%8c%e6%b5%8b%e8%af%9512%e4%b8%aa%e6%9c%88","status":"publish","type":"post","link":"https:\/\/www.vtmarketsmy.com\/cn\/live-updates\/%e7%be%8e%e8%81%94%e5%82%a8%e7%ab%8b%e5%9c%ba%e5%9d%9a%e5%ae%9a%ef%bc%8c%e7%be%8e%e5%85%83%e9%87%8d%e6%96%b0%e4%b8%8e%e5%88%a9%e5%b7%ae%e6%8c%82%e9%92%a9%ef%bc%8c%e6%b5%8b%e8%af%9512%e4%b8%aa%e6%9c%88\/","title":{"rendered":"\u7f8e\u8054\u50a8\u7acb\u573a\u575a\u5b9a\uff0c\u7f8e\u5143\u91cd\u65b0\u4e0e\u5229\u5dee\u6302\u94a9\uff0c\u6d4b\u8bd512\u4e2a\u6708\u9ad8\u4f4d"},"content":{"rendered":"<p>\u6cd5\u56fd\u5174\u4e1a\u94f6\u884c\uff08Societe Generale\uff09\u8868\u793a\uff0c\u5728\u4e00\u6bb5\u65f6\u95f4\u91cc\u7531\u4e8e\u7f8e\u56fd\u653f\u7b56\u5f71\u54cd\u4ee4\u7f8e\u5143\u6bd4\u5b8f\u89c2\u4e0e\u8d27\u5e01\u73af\u5883\u6240\u6697\u793a\u7684\u66f4\u4e3a\u75b2\u5f31\u4e4b\u540e\uff0c\u7f8e\u56fd\u7f8e\u5143\u6307\u6570\u8fd1\u671f\u7684\u8d70\u52bf\u5df2\u5927\u81f4\u4e0e\u6b27\u5143\/\u7f8e\u5143\u540c\u6b65\u3002\u8be5\u884c\u8ba4\u4e3a\uff0c\u968f\u7740\u8fd1\u671f\u7269\u4ef7\u4e0e\u7ecf\u6d4e\u6d3b\u52a8\u6570\u636e\u5f71\u54cd\u5e02\u573a\u5bf9\u7f8e\u8054\u50a8\uff08Federal Reserve\uff09\u53cd\u5e94\u51fd\u6570\u7684\u89e3\u8bfb\uff0c\u7f8e\u5143\u5982\u4eca\u6b63\u91cd\u65b0\u4e0e\u76f8\u5bf9\u5229\u7387\u6302\u94a9\u3002<\/p>\n<p>\u5728\u901a\u80c0\u987d\u56fa\u3001\u589e\u957f\u5177\u97e7\u6027\u7684\u80cc\u666f\u4e0b\uff0c\u8054\u90a6\u516c\u5f00\u5e02\u573a\u59d4\u5458\u4f1a\uff08FOMC\uff09\u91ca\u653e\u51fa\u8f83\u8bb8\u591a\u4eba\u9884\u671f\u66f4\u4e0d\u9e3d\u6d3e\u7684\u8baf\u606f\uff0c\u7f8e\u5143\u6b63\u6d4b\u8bd512\u4e2a\u6708\u9ad8\u4f4d\u3002\u6cd5\u56fd\u5174\u4e1a\u94f6\u884c\u8865\u5145\uff0c\u5176\u7ecf\u6d4e\u5b66\u5bb6\u7684\u57fa\u51c6\u60c5\u5883\u662f\u7f8e\u8054\u50a8\u4eca\u5e74\u5c06\u5168\u7a0b\u6309\u5175\u4e0d\u52a8\uff0c\u4e0d\u8fc7\u201c\u9ad8\u4f01\u4e14\u9ecf\u6027\u7684\u901a\u80c0\u201d\u53e0\u52a0\u201c\u706b\u70ed\u7684\u80a1\u5e02\u201d\uff0c\u88ab\u5f62\u5bb9\u4e3a\u6301\u7eed\u5bf9\u653f\u7b56\u9884\u671f\u6784\u6210\u538b\u529b\u3002\u6587\u4e2d\u79f0\u8be5\u5185\u5bb9\u5728\u4eba\u5de5\u667a\u80fd\u5de5\u5177\u534f\u52a9\u4e0b\u5b8c\u6210\u5e76\u7531\u7f16\u8f91\u5ba1\u9605\uff0c\u7f72\u540d\u4e3a FXStreet Insights Team\u3002<\/p>\n<h3>\u7f8e\u5143\u4e0e\u5229\u5dee\u91cd\u65b0\u5bf9\u9f50\u5e76\u83b7\u5f97\u4e0a\u884c\u52a8\u80fd<\/h3>\n<p>\u6211\u4eec\u770b\u5230\u7f8e\u5143\u6b63\u5728\u91cd\u65b0\u4e0e\u5229\u7387\u5dee\uff08interest rate differentials\uff09\u5bf9\u9f50\uff0c\u9010\u6b65\u6446\u8131\u6b64\u524d\u538b\u5236\u5176\u8868\u73b0\u7684\u5176\u4ed6\u56e0\u7d20\u3002\u7f8e\u8054\u50a8\u6700\u8fd1\u4e00\u6b21\u4f1a\u8bae\u4e4b\u540e\uff0c\u987d\u56fa\u7684\u901a\u80c0\u4e0e\u5177\u97e7\u6027\u7684\u7ecf\u6d4e\u4ee4\u5176\u7acb\u573a\u8f83\u5e02\u573a\u9884\u671f\u66f4\u4e0d\u504f\u9e3d\u6d3e\u3002\u6b64\u4e00\u653f\u7b56\u8f6c\u5411\u6b63\u63a8\u52a8\u7f8e\u5143\u6307\u6570\u8fc8\u5411\u8fc7\u53bb\u4e00\u5e74\u91cc\u7684\u9ad8\u4f4d\u533a\u95f4\u3002<\/p>\n<p>\u6700\u65b0\u7ecf\u6d4e\u6570\u636e\u5f3a\u5316\u4e86\u6211\u4eec\u5bf9\u8be5\u8d8b\u52bf\u7684\u4fe1\u5fc3\uff1a5\u6708\u6d88\u8d39\u8005\u7269\u4ef7\u6307\u6570\uff08CPI\uff09\u7ef4\u6301\u57283.1%\uff0c\u800c\u6700\u65b0\u975e\u519c\u5c31\u4e1a\u62a5\u544a\u663e\u793a\u65b0\u589e\u804c\u4f4d\u8fbe22\u4e07\u4e2a\uff0c\u8868\u73b0\u5f3a\u52b2\u3002\u8fd9\u5370\u8bc1\u4e86\u7f8e\u8054\u50a8\u7684\u5224\u65ad\uff0c\u5e76\u6269\u5927\u4e86\u7f8e\u56fd\u56fd\u503a\u6536\u76ca\u7387\u4e0e\u5176\u4ed6\u4e3b\u8981\u7ecf\u6d4e\u4f53\uff08\u4f8b\u5982\u5fb7\u56fd\uff09\u6536\u76ca\u7387\u4e4b\u95f4\u7684\u5dee\u8ddd\u3002\u76ee\u524d\u7f8e\u56fd2\u5e74\u671f\u6536\u76ca\u7387\u7ea6\u57284.75%\uff0c\u5f62\u6210\u663e\u8457\u7684\u6536\u76ca\u7387\u6ea2\u4ef7\uff0c\u5438\u5f15\u8d44\u91d1\u6d41\u5165\u5e76\u652f\u6491\u7f8e\u5143\u8d70\u5f3a\u3002<\/p>\n<h3>\u4ea4\u6613\u7b56\u7565\u4e0e\u66f4\u5e7f\u6cdb\u8d44\u4ea7\u7c7b\u522b\u5f71\u54cd<\/h3>\n<p>\u5c55\u671b\u672a\u6765\u6570\u5468\uff0c\u6211\u4eec\u8ba4\u4e3a\u884d\u751f\u54c1\u4ea4\u6613\u8005\u5e94\u4e3a\u7f8e\u5143\u5ef6\u7eed\u5f3a\u52bf\u8fdb\u884c\u5e03\u5c40\u3002\u4e70\u5165\u7f8e\u5143\u6307\u6570\u770b\u6da8\u671f\u6743\uff08call options\uff09\uff0c\u6216\u5728\u6b27\u5143\/\u7f8e\u5143\u4e0a\u5356\u51fa\u770b\u8dcc\u4ef7\u5dee\uff08put spreads\uff09\uff0c\u53ef\u5728\u98ce\u9669\u53ef\u63a7\u7684\u60c5\u51b5\u4e0b\u83b7\u5f97\u504f\u591a\u655e\u53e3\u3002\u8fd9\u4e9b\u7b56\u7565\u62bc\u6ce8\u53ea\u8981\u7f8e\u8054\u50a8\u7ef4\u6301\u201c\u66f4\u9ad8\u5229\u7387\u7ef4\u6301\u66f4\u4e45\uff08higher-for-longer\uff09\u201d\u7684\u653f\u7b56\u53d6\u5411\uff0c\u7f8e\u5143\u4fbf\u6709\u671b\u7ee7\u7eed\u4e0a\u884c\u3002<\/p>\n<p>\u8fd9\u4e00\u73af\u5883\u8ba9\u4eba\u8054\u60f3\u52302022\u20142023\u5e74\u671f\u95f4\uff0c\u7f8e\u8054\u50a8\u6fc0\u8fdb\u52a0\u606f\u5f15\u53d1\u7f8e\u5143\u6301\u7eed\u8d70\u5f3a\u3002\u5c3d\u7ba1\u6211\u4eec\u9884\u8ba1\u8be5\u8d8b\u52bf\u5c06\u5ef6\u7eed\uff0c\u4ea4\u6613\u8005\u4ecd\u5e94\u5bc6\u5207\u5173\u6ce8\u540e\u7eed\u7f8e\u56fd\u7ecf\u6d4e\u6570\u636e\uff0c\u7559\u610f\u4efb\u4f55\u8d85\u9884\u671f\u8d70\u5f31\u7684\u8ff9\u8c61\uff0c\u56e0\u4e3a\u8fd9\u53ef\u80fd\u6539\u53d8\u7f8e\u8054\u50a8\u7684\u653f\u7b56\u8def\u5f84\u3002\u8fd0\u7528\u671f\u6743\u5de5\u5177\u4e5f\u6709\u52a9\u4e8e\u9632\u8303\u6838\u5fc3\u89c2\u70b9\u51fa\u73b0\u7a81\u7136\u53cd\u8f6c\u7684\u98ce\u9669\u3002<\/p>\n<p>\u5f71\u54cd\u4e0d\u53ea\u5c40\u9650\u4e8e\u6c47\u7387\uff1a\u7f8e\u5143\u8d70\u5f3a\u901a\u5e38\u4f1a\u5bf9\u5927\u5b97\u5546\u54c1\u4ef7\u683c\u6784\u6210\u538b\u529b\u3002\u6211\u4eec\u8ba4\u4e3a\u53ef\u8003\u8651\u5728\u9ec4\u91d1\u4e0e\u539f\u6cb9ETF\u4e0a\u4e70\u5165\u770b\u8dcc\u671f\u6743\uff08puts\uff09\uff0c\u56e0\u4e3a\u5728\u5176\u4ed6\u8d27\u5e01\u8ba1\u4ef7\u4e0b\uff0c\u8fd9\u4e9b\u8d44\u4ea7\u4f1a\u53d8\u5f97\u66f4\u6602\u8d35\u3002\u8fd9\u4e3a\u6295\u8d44\u8005\u63d0\u4f9b\u4e86\u901a\u8fc7\u4e0d\u540c\u8d44\u4ea7\u7c7b\u522b\u53c2\u4e0e\u7f8e\u5143\u5f3a\u52bf\u7684\u65b9\u5f0f\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u7f8e\u5143\u91cd\u65b0\u4e0e\u5229\u5dee\u6302\u94a9\uff0c\u7f8e\u8054\u50a8\u201c\u66f4\u4e45\u66f4\u9ad8\u201d\u9884\u671f\u63a8\u5347\u7f8e\u5143\u6d4b\u8bd5\u4e00\u5e74\u9ad8\u4f4d\uff1b\u7b56\u7565\u5efa\u8bae\u504f\u591a\u7f8e\u5143\u4e0e\u671f\u6743\u5e03\u5c40\uff0c\u5e76\u8b66\u60d5\u5f3a\u7f8e\u5143\u538b\u5236\u9ec4\u91d1\u3001\u539f\u6cb9\u7b49\u5546\u54c1\u3002<\/p>\n","protected":false},"author":12,"featured_media":47964,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[129],"tags":[],"class_list":["post-49395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/49395","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=49395"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/49395\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media\/47964"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media?parent=49395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/categories?post=49395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/tags?post=49395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}