{"id":36184,"date":"2025-09-15T22:11:37","date_gmt":"2025-09-15T14:11:37","guid":{"rendered":"https:\/\/www.kafeizha.com\/?p=36184"},"modified":"2025-09-15T22:11:37","modified_gmt":"2025-09-15T14:11:37","slug":"%e3%80%90%e4%b8%ad%e6%80%a7%e3%80%91bloomberg%e4%b8%ad%e5%9b%bd%e6%88%96%e8%b7%9f%e9%9a%8f%e7%be%8e%e8%81%94%e5%82%a8%e9%99%8d%e6%81%af%ef%bc%9f","status":"publish","type":"post","link":"https:\/\/news.tomjun.com\/?p=36184","title":{"rendered":"\u3010\u4e2d\u6027\u3011[bloomberg]\u4e2d\u56fd\u6216\u8ddf\u968f\u7f8e\u8054\u50a8\u964d\u606f\uff1f"},"content":{"rendered":"<p>\u6211\u662f\u6089\u5c3c\u7684\u56fd\u9645\u7ecf\u6d4e\u7f16\u8f91\u3002\u4eca\u5929\uff0c\u6211\u4eec\u5c06\u5173\u6ce8\u4e2d\u56fd\u7ecf\u6d4e\u653e\u7f13\u4ee5\u53ca\u662f\u5426\u9700\u8981\u964d\u606f\u7684\u95ee\u9898\u3002<\/p>\n<p>\u4e16\u754c\u6700\u5927\u7684\u4e24\u4e2a\u7ecf\u6d4e\u4f53\u90fd\u5728\u8e52\u8dda\u800c\u884c\u3002\u5b83\u4eec\u7684\u592e\u884c\u90fd\u4e0d\u613f\u610f\u63a8\u51fa\u5927\u89c4\u6a21\u523a\u6fc0\u63aa\u65bd\u3002\u672c\u5468\u53ef\u80fd\u4f1a\u6539\u53d8\u8fd9\u4e00\u5207\u3002\u5e02\u573a\u666e\u904d\u9884\u8ba1\uff0c\u7f8e\u8054\u50a8\u5c06\u57289\u670817\u65e5\u964d\u606f\uff0c\u56e0\u4e3a\u5b83\u6b63\u5728\u52aa\u529b\u5e94\u5bf9\u52b3\u52a8\u529b\u5e02\u573a\u653e\u7f13\u3001\u987d\u56fa\u7684\u901a\u8d27\u81a8\u80c0\u4ee5\u53ca\u5510\u7eb3\u5fb7\u00b7\u7279\u6717\u666e\u603b\u7edf\u524d\u6240\u672a\u6709\u5730\u63a8\u52a8\u964d\u4f4e\u501f\u8d37\u6210\u672c\u3002\u4ed6\u5468\u65e5\u665a\u4e9b\u65f6\u5019\u544a\u8bc9\u8bb0\u8005\uff0c\u4ed6\u9884\u8ba1\u592e\u884c\u5c06\u91c7\u53d6\u201c\u5927\u52a8\u4f5c\u201d\u3002<\/p>\n<p>\u5982\u679c\u4e2d\u56fd\u4e0d\u60f3\u5192\u7740\u65e0\u6cd5\u5b9e\u73b0\u4eca\u5e745%\u7684\u7ecf\u6d4e\u589e\u957f\u76ee\u6807\u7684\u98ce\u9669\uff0c\u5b83\u5f88\u53ef\u80fd\u88ab\u8feb\u6548\u4eff\u3002\u5468\u4e00\u7684\u6570\u636e\u663e\u793a\uff0c8\u6708\u4efd\u4e2d\u56fd\u7ecf\u6d4e\u5168\u9762\u75b2\u8f6f\uff0c\u7ee77\u6708\u4efd\u7684\u75b2\u8f6f\u4e4b\u540e\uff0c\u6295\u8d44\u5c24\u5176\u4e0d\u7a33\u5b9a\u3002\u5f6d\u535a\u7ecf\u6d4e\u7684\u7ecf\u6d4e\u5b66\u5bb6\u5728\u4e00\u4efd\u62a5\u544a\u4e2d\u5199\u9053\uff1a\u201c\u8fde\u7eed\u7b2c\u4e8c\u4e2a\u6708\u7684\u75b2\u8f6f\u6570\u636e\u8868\u660e\uff0c\u4e2d\u56fd\u7ecf\u6d4e\u7684\u5feb\u901f\u653e\u7f13\u662f\u7531\u7ed3\u6784\u6027\u56e0\u7d20\u800c\u975e\u6682\u65f6\u6027\u56e0\u7d20\u9a71\u52a8\u7684\u3002\u6700\u660e\u786e\u7684\u8b66\u544a\u4fe1\u53f7\u6765\u81ea\u6295\u8d44\u4e0b\u6ed1\uff0c\u8fd9\u65e2\u7a81\u663e\u4e86\u623f\u5730\u4ea7\u5e02\u573a\u518d\u6b21\u75b2\u8f6f\uff0c\u4e5f\u8868\u660e\u653f\u5e9c\u4e3b\u5bfc\u7684\u652f\u51fa\u4f5c\u4e3a\u589e\u957f\u6760\u6746\u7684\u5f71\u54cd\u6709\u9650\u3002\u201d<\/p>\n<p>\u9ea6\u683c\u7406\u7684\u4e2d\u56fd\u7ecf\u6d4e\u5b66\u5bb6\u80e1\u4f1f\u4fca\u8b66\u544a\u8bf4\uff0c\u5982\u679c\u76ee\u524d\u7684\u52bf\u5934\u6301\u7eed\u4e0b\u53bb\uff0c\u5317\u4eac\u7684\u589e\u957f\u76ee\u6807\u5c06\u9762\u4e34\u98ce\u9669\uff0c\u8fd9\u610f\u5473\u7740\u4e2d\u56fd\u4eba\u6c11\u94f6\u884c\u662f\u5426\u4f1a\u5728\u672a\u6765\u51e0\u5929\u8ddf\u968f\u7f8e\u8054\u50a8\u964d\u606f\uff0c\u8fd9\u662f\u4e00\u4e2a\u60ac\u800c\u672a\u51b3\u7684\u95ee\u9898\u3002\u80e1\u4f1f\u4fca\u8868\u793a\uff0c\u867d\u7136\u62c5\u5fc3\u6b64\u4e3e\u53ef\u80fd\u52a9\u957f\u80a1\u5e02\u4e0a\u6da8\uff0c\u4e2d\u56fd\u4eba\u6c11\u94f6\u884c\u53ef\u80fd\u4f1a\u6682\u65f6\u6401\u7f6e\uff0c\u4f46\u5230\u5e74\u5e95\u524d\u53ef\u80fd\u8fd8\u4f1a\u518d\u964d\u606f10\u4e2a\u57fa\u70b9\u3002<\/p>\n<p>\u9ad8\u76db\u7ecf\u6d4e\u5b66\u5bb6\u738b\u7acb\u5347\u548c\u6768\u5b87\u9706\u4e5f\u8ba4\u4e3a\uff0c\u9700\u8981\u201c\u6e10\u8fdb\u548c\u6709\u9488\u5bf9\u6027\u7684\u5bbd\u677e\u653f\u7b56\u201d\uff0c\u4ee5\u786e\u4fdd\u660e\u5e74\u7684\u7a33\u5b9a\u589e\u957f\u548c\u5c31\u4e1a\uff0c\u56e0\u4e3a\u7ed3\u6784\u6027\u6311\u6218\u548c\u4e0d\u5229\u7684\u57fa\u6570\u6548\u5e94 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Cavallino\u548cMathias Drehmann\u5728\u4e00\u7bc7\u7531\u7ebd\u7ea6\u8054\u90a6\u50a8\u5907\u94f6\u884c\u7684Richard Finlay\u548cJulie Remache\u5408\u7740\u7684\u6587\u7ae0\u4e2d\u5199\u9053\uff1a\u201c\u5c06\u5206\u7c7b\u6cd5\u5e94\u7528\u4e8e\u73b0\u5b9e\u4e16\u754c\u7684\u8fd0\u8425\u6846\u67b6\uff0c\u63ed\u793a\u4e86\u901a\u5e38\u88ab\u8ba4\u4e3a\u662f\u4e0d\u540c\u7684\u6846\u67b6\u4e4b\u95f4\u60ca\u4eba\u7684\u76f8\u4f3c\u4e4b\u5904\uff0c\u5e76\u5f3a\u8c03\u4e86\u76f8\u4f3c\u7684\u8bbe\u8ba1\u5982\u4f55\u4ea7\u751f\u622a\u7136\u4e0d\u540c\u7684\u7ed3\u679c\u3002\u201d<\/p>\n<p>\u4f8b\u5982\uff0c\u4ed6\u4eec\u6bd4\u8f83\u4e86\u6fb3\u5927\u5229\u4e9a\u50a8\u5907\u94f6\u884c\u3001\u52a0\u62ff\u5927\u94f6\u884c\u548c\u745e\u5178\u7684\u745e\u5178\u592e\u884c\uff0c\u5b83\u4eec\u5206\u522b\u4f7f\u7528\u4e0b\u9650\u7cfb\u7edf\u3001\u7a84\u5e45\u901a\u9053\u548c\u5145\u8db3\u51c6\u5907\u91d1\u4e0e\u5168\u989d\u5206\u914d\u6846\u67b6\u2014\u2014\u6240\u6709\u8fd9\u4e9b\u90fd\u5b9e\u73b0\u4e86\u9002\u5ea6\u5927\u91cf\u7684\u51c6\u5907\u91d1\uff0c\u5e76\u7ed3\u5408\u4e86\u8f83\u4f4e\u4f46\u79ef\u6781\u7684\u8fb9\u9645\u673a\u4f1a\u6210\u672c\u3002 <\/p>\n<hr>\n<p><b>\u5206\u6790\u5927\u6a21\u578b\uff1a<\/b>gemma2<br \/><b>\u5f97\u5206\uff1a<\/b>0<br \/><b>\u539f\u56e0\uff1a<\/b><\/p>\n<pre style=\"white-space: pre-wrap;font-size: inherit;\">\u6587\u7ae0\u5ba2\u89c2\u5730\u5206\u6790\u4e86\u4e2d\u56fd\u7ecf\u6d4e\u9762\u4e34\u7684\u6311\u6218\uff0c\u5e76\u63d0\u5230\u4e86\u4e2d\u56fd\u53ef\u80fd\u91c7\u53d6\u7684\u5e94\u5bf9\u63aa\u65bd\uff0c\u4f8b\u5982\u964d\u606f\u3002\u867d\u7136\u4e5f\u63d0\u5230\u4e86\u7ecf\u6d4e\u653e\u7f13\u7b49\u95ee\u9898\uff0c\u4f46\u6574\u4f53\u4e0a\u6ca1\u6709\u660e\u663e\u7684\u504f\u8892\u6216\u8d1f\u9762\u8bc4\u4ef7\uff0c\u8f83\u4e3a\u4e2d\u7acb\u3002<\/pre>\n<hr>\n<p><b>\u539f\u6587\u5730\u5740\uff1a<\/b><a href=\"https:\/\/www.bloomberg.com\/news\/newsletters\/2025-09-15\/could-china-follow-the-fed-with-rate-cuts\" target=\"_blank\">Could China Follow the Fed With Rate Cuts?<\/a><br \/> <b>\u65b0\u95fb\u65e5\u671f\uff1a<\/b>2025-09-15<\/p>\n<div style=\"margin: 20px 0;\"><div 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