{"id":36133,"date":"2025-09-06T10:27:29","date_gmt":"2025-09-06T02:27:29","guid":{"rendered":"https:\/\/www.staging.thinktrader.com\/learn-academy\/copy-%e5%88%a9%e7%8e%87%e6%98%af%e4%bb%80%e4%b9%88\/"},"modified":"2026-04-20T08:13:45","modified_gmt":"2026-04-20T00:13:45","slug":"fed-rate","status":"publish","type":"academy","link":"https:\/\/thinkmarkets.asia\/zh-hans\/academy\/fundamental-knowledge\/central-banks\/fed-rate\/","title":{"rendered":"\u5168\u7403\u5e02\u573a\u7684\u6838\u5fc3\uff1a\u7f8e\u8054\u50a8\u5229\u7387\u4e0e\u8bae\u606f\u4f1a\u8bae"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"36133\" class=\"elementor elementor-36133\" data-elementor-post-type=\"academy\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1d68cc2d e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no e-con e-parent\" data-id=\"1d68cc2d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-35cfe663 elementor-widget elementor-widget-text-editor\" data-id=\"35cfe663\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u7f8e\u8054\u50a8\u5229\u7387\u4e0d\u4ec5\u662f\u5168\u7403\u91d1\u878d\u5e02\u573a\u7684\u6838\u5fc3\uff0c\u66f4\u5f71\u54cd\u7740\u4e16\u754c\u7ecf\u6d4e\u7684\u8fd0\u884c\u3002\u672c\u6587\u5c06\u4ee5\u6700\u7b80\u660e\u7684\u8bed\u8a00\uff0c\u4e3a\u60a8\u89e3\u6790\u5176\u4e2d\u7684\u903b\u8f91\u4e0e\u6df1\u5c42\u539f\u56e0\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d011b50 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"d011b50\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e23f7d0 elementor-widget elementor-widget-heading\" data-id=\"e23f7d0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u7f8e\u8054\u50a8\u5229\u7387\u7a76\u7adf\u662f\u4ec0\u4e48<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-71ea751 elementor-widget elementor-widget-text-editor\" data-id=\"71ea751\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u7f8e\u8054\u50a8\u5229\u7387\u82f1\u6587\u662f Federal Funds Rate\uff0c\u4e2d\u6587\u5e38\u7ffb\u8bd1\u4e3a<strong>\u8054\u90a6\u57fa\u91d1\u5229\u7387\u3002<\/strong>\u8981\u771f\u6b63\u7406\u89e3\u7f8e\u8054\u50a8\u5229\u7387\uff0c\u9700\u8981\u5148\u5f04\u61c2\u4e24\u4e2a\u6982\u5ff5\uff1a\u51c6\u5907\u91d1\u548c\u51c6\u5907\u91d1\u9694\u591c\u62c6\u501f\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3849813 elementor-widget elementor-widget-text-editor\" data-id=\"3849813\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>\u51c6\u5907\u91d1\u8d26\u6237\u662f\u4ec0\u4e48<\/strong><\/p><p data-pm-slice=\"0 0 []\">\u7f8e\u56fd\u94f6\u884c\u7684\u8de8\u884c\u8f6c\u8d26\u548c\u5927\u989d\u652f\u4ed8\u7b49\u65e5\u5e38\u4e1a\u52a1\uff0c\u5747\u9700\u901a\u8fc7\u7f8e\u8054\u50a8\u6e05\u7b97\u7cfb\u7edf\u5b8c\u6210\uff0c\u56e0\u6b64\u6bcf\u5bb6\u94f6\u884c\u90fd\u5728\u7f8e\u8054\u50a8\u8bbe\u7acb\u4e86\u51c6\u5907\u91d1\u8d26\u6237\uff0c\u7528\u4e8e\u8d44\u91d1\u6e05\u7b97\u3002<\/p><p data-pm-slice=\"0 0 []\">\u7f8e\u8054\u50a8\u4e0d\u4ec5\u4f1a\u4e3a\u8fd9\u4e9b\u4f59\u989d\u652f\u4ed8\u5229\u606f\uff0c\u94f6\u884c\u8fd8\u53ef\u5c06\u5176\u8ba1\u4f5c\u9ad8\u6d41\u52a8\u6027\u8d44\u4ea7\u4ee5\u6ee1\u8db3\u76d1\u7ba1\u8981\u6c42\uff0c\u56e0\u6b64\uff0c\u94f6\u884c\u5927\u90e8\u5206\u6d41\u52a8\u8d44\u91d1\u901a\u5e38\u90fd\u4f1a\u5b58\u653e\u5728\u8be5\u8d26\u6237\u4e2d\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-90b1970 elementor-widget elementor-widget-text-editor\" data-id=\"90b1970\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>\u4e3a\u4f55\u8981\u9694\u591c\u62c6\u501f\u51c6\u5907\u91d1<\/b><\/p><p>\u94f6\u884c\u5e38\u9700\u8981\u9694\u591c\u540c\u4e1a\u62c6\u501f\uff0c\u56e0\u4e3a\u6bcf\u5929\u7684\u65e5\u5e38\u4e1a\u52a1\u90fd\u4f1a\u5bfc\u81f4\u51c6\u5907\u91d1\u6ce2\u52a8\u3002\u901a\u8fc7\u8fd9\u79cd\u7075\u6d3b\u3001\u4f4e\u6210\u672c\u7684\u77ed\u671f\u501f\u8d37\uff0c\u94f6\u884c\u5f97\u4ee5\u5e73\u8861\u8d44\u91d1\uff0c\u6ee1\u8db3\u5408\u89c4\u548c\u7ecf\u8425\u9700\u6c42\u3002<\/p><p>\u4f8b\u5982\uff0c\u94f6\u884cA\u906d\u9047\u5927\u989d\u63d0\u6b3e\u5bfc\u81f4\u51c6\u5907\u91d1\u4e0d\u8db3\uff0c\u800c\u94f6\u884cB\u8d44\u91d1\u5145\u88d5\u3002A\u613f\u4ed8\u51fa\u9ad8\u4e8e\u7f8e\u8054\u50a8\u5229\u7387\u7684\u5229\u606f\u5411B\u501f\u6b3e\uff0cB \u4e5f\u4e50\u4e8e\u51fa\u501f\u4ee5\u83b7\u5f97\u989d\u5916\u6536\u76ca\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-664f516 elementor-widget elementor-widget-text-editor\" data-id=\"664f516\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u7406\u89e3\u4e86\u51c6\u5907\u91d1\u4e0e\u9694\u591c\u62c6\u501f\u7684\u6982\u5ff5\u540e\uff0c\u6211\u4eec\u5c31\u80fd\u66f4\u51c6\u786e\u5730\u5b9a\u4e49<strong data-start=\"36\" data-end=\"46\">\u8054\u90a6\u57fa\u91d1\u5229\u7387<\/strong>\uff1a\u94f6\u884c\u95f4\u4e3a\u6ee1\u8db3\u65e5\u5e38\u6d41\u52a8\u6027\u548c\u76d1\u7ba1\u8981\u6c42\uff0c\u76f8\u4e92\u5728\u51c6\u5907\u91d1\u8d26\u6237\u4e2d\u8fdb\u884c\u9694\u591c\u62c6\u501f\u65f6\u6240\u5f62\u6210\u7684\u5229\u7387\u3002<\/p><p>\u8054\u90a6\u57fa\u91d1\u5229\u7387\u672c\u8d28\u4e0a\u662f\u7531\u5e02\u573a\u4f9b\u9700\u51b3\u5b9a\u7684\u5229\u7387\uff0c\u4f46\u7f8e\u8054\u50a8\u4f1a\u8bbe\u5b9a\u4e00\u4e2a\u76ee\u6807\u533a\u95f4\uff0c\u5e76\u901a\u8fc7\u591a\u79cd\u8d27\u5e01\u653f\u7b56\u5de5\u5177\uff0c\u5c06\u5176\u5f15\u5bfc\u5e76\u7a33\u5b9a\u5728\u8fd9\u4e00\u8303\u56f4\u5185\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-52c0775 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"52c0775\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-266731d elementor-widget elementor-widget-heading\" data-id=\"266731d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u8054\u90a6\u57fa\u91d1\u5229\u7387\u5982\u4f55\u5f71\u54cd\u5e02\u573a<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-adf408d elementor-widget elementor-widget-text-editor\" data-id=\"adf408d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u8054\u90a6\u57fa\u91d1\u5229\u7387\u662f\u7f8e\u56fd\u94f6\u884c\u5728\u51fa\u73b0\u8d44\u91d1\u7f3a\u53e3\u65f6\u83b7\u53d6\u77ed\u671f\u8d44\u91d1\u7684\u5229\u7387\u3002\u7b80\u5355\u6765\u8bf4\uff0c\u5b83\u4ee3\u8868\u4e86\u94f6\u884c\u7684\u8d44\u91d1\u6210\u672c\uff0c\u800c\u94f6\u884c\u8d44\u91d1\u53c8\u662f\u6574\u4e2a\u793e\u4f1a\u878d\u8d44\u7684\u6e90\u5934\uff0c\u56e0\u6b64\uff1a<\/p><ul><li>\u8054\u90a6\u57fa\u91d1\u5229\u7387\u4e0a\u5347\uff1a\u94f6\u884c\u8d44\u91d1\u6210\u672c\u589e\u52a0\uff0c\u793e\u4f1a\u5404\u7c7b\u8d37\u6b3e\u4e0e\u878d\u8d44\u6210\u672c\u968f\u4e4b\u8d70\u9ad8\u3002<\/li><li>\u8054\u90a6\u57fa\u91d1\u5229\u7387\u4e0b\u964d\uff1a\u94f6\u884c\u8d44\u91d1\u6210\u672c\u964d\u4f4e\uff0c\u793e\u4f1a\u5404\u7c7b\u8d37\u6b3e\u4e0e\u878d\u8d44\u6210\u672c\u540c\u6b65\u8d70\u4f4e\u3002<\/li><\/ul><p>\u6211\u4eec\u518d\u6765\u770b\u5b83\u5bf9\u7f8e\u5143\u6c47\u7387\u548c\u7f8e\u80a1\u8d70\u52bf\u7684\u5f71\u54cd\uff1a<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1ec59da e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no e-con e-child\" data-id=\"1ec59da\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6a0fbab elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"6a0fbab\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><strong>\u5bf9\u7f8e\u5143\u6c47\u7387\u7684\u5f71\u54cd<\/strong><\/p><p>\u7f8e\u5143\u6c47\u7387\u4e0e\u8054\u90a6\u57fa\u91d1\u5229\u7387\u5448\u6b63\u76f8\u5173\uff0c\u4ece\u4e00\u4e2a\u975e\u5e38\u7b80\u5355\u7684\u903b\u8f91\u6765\u7406\u89e3\uff1a\u5f53\u8054\u90a6\u57fa\u91d1\u5229\u7387\u4e0a\u5347\u65f6\uff0c\u7f8e\u5143\u5b58\u6b3e\u5229\u7387\u63d0\u9ad8\uff0c\u5168\u7403\u8d44\u91d1\u66f4\u503e\u5411\u6d41\u5165\u7f8e\u5143\u8d44\u4ea7\uff0c\u63a8\u9ad8\u7f8e\u5143\u6c47\u7387\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-991e4e5 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"991e4e5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><strong>\u5bf9\u7f8e\u80a1\u8d70\u52bf\u7684\u5f71\u54cd<\/strong><\/p><p>\u7f8e\u80a1\u7406\u8bba\u4e0a\u4e0e\u8054\u90a6\u57fa\u91d1\u5229\u7387\u5448\u8d1f\u76f8\u5173\u3002\u5f53\u5229\u7387\u8fdb\u5165\u4e0a\u5347\u5468\u671f\u65f6\uff0c\u4f01\u4e1a\u878d\u8d44\u6210\u672c\u4e0a\u5347\uff0c\u6269\u5f20\u610f\u613f\u51cf\u5f31\u751a\u81f3\u6536\u7f29\u7ecf\u8425\uff0c\u4ece\u800c\u538b\u7f29\u5229\u6da6\uff0c\u63a8\u52a8\u80a1\u4ef7\u4e0b\u8dcc\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8314221 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"8314221\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-33e3c80 elementor-widget elementor-widget-heading\" data-id=\"33e3c80\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u7f8e\u8054\u50a8\u5229\u7387\u5982\u4f55\u5f71\u54cd\u5168\u7403<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aad74e7 elementor-widget elementor-widget-text-editor\" data-id=\"aad74e7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u4e3a\u4f55\u8bf4\u7f8e\u8054\u50a8\u5229\u7387\u8fd8\u662f\u5168\u7403\u5e02\u573a\u7684\u6838\u5fc3\uff1f\u53c8\u4e3a\u4ec0\u4e48\u5176\u4ed6\u592e\u884c\u5f80\u5f80\u8981\u8ddf\u968f\u7f8e\u8054\u50a8\u7684\u5229\u7387\u8282\u594f\uff1f\u6211\u4eec\u5c06\u4ece\u5168\u7403\u8d44\u672c\u6d41\u52a8\u4e0e\u8d44\u4ea7\u5b9a\u4ef7\u4e24\u4e2a\u89d2\u5ea6\u6765\u89e3\u6790\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-74a290f elementor-widget elementor-widget-heading\" data-id=\"74a290f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">\u56fd\u9645\u8d44\u672c\u5229\u5dee\u6d41\u52a8<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-355db42 elementor-widget elementor-widget-text-editor\" data-id=\"355db42\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u4ee5\u7f8e\u8054\u50a8\u5347\u606f\u4e3a\u4f8b\uff0c\u5b83\u4f1a\u62ac\u9ad8\u7f8e\u5143\u8d44\u4ea7\u7684\u56de\u62a5\u7387\uff0c\u5982\u679c\u5176\u4ed6\u592e\u884c\u4e0d\u8ddf\u968f\u52a0\u606f\uff0c\u5c06\u4f1a\u5f15\u53d1\u8d44\u672c\u5916\u6d41\u81f4\u4f7f\u672c\u5e01\u8d2c\u503c\uff0c\u4ece\u800c\u5e26\u6765\u8f93\u5165\u6027\u901a\u80c0\uff08\u4ee5\u7f8e\u5143\u8ba1\u4ef7\u7684\u8fdb\u53e3\u5546\u54c1\u6da8\u4ef7\uff09\uff0c\u56e0\u4e3a\uff1a<\/p><ul><li>\u539f\u6cb9\u3001\u77ff\u4ea7\u3001\u519c\u4ea7\u54c1\u7b49\u4e3b\u8981\u5927\u5b97\u5546\u54c1\u5747\u4ee5\u7f8e\u5143\u8ba1\u4ef7\uff1b<\/li><li>\u5168\u7403\u8fd150%\u7684\u56fd\u9645\u8d38\u6613\u4f7f\u7528\u7f8e\u5143\u8ba1\u4ef7\u548c\u7ed3\u7b97\u3002<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bd0653c elementor-widget elementor-widget-heading\" data-id=\"bd0653c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">\u7f8e\u503a\u7684\u5b9a\u4ef7\u951a\u6548\u5e94<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-44349b8 elementor-widget elementor-widget-text-editor\" data-id=\"44349b8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u5728\u73b0\u4ee3\u91d1\u878d\u4f53\u7cfb\u4e0b\uff0c\u7f8e\u56fd\u56fd\u503a\u6536\u76ca\u7387\u88ab\u89c6\u4e3a\u5168\u7403\u7684\u65e0\u98ce\u9669\u5229\u7387\u57fa\u51c6 &#8211; \u53ea\u6709\u56de\u62a5\u7387\u9ad8\u4e8e\u8fd9\u4e00\u6c34\u5e73\uff0c\u6295\u8d44\u624d\u53ef\u80fd\u5438\u5f15\u8d44\u91d1\u3002\u8fd9\u610f\u5473\u7740\uff0c\u5168\u7403\u6240\u6709\u80a1\u7968\u3001\u4f01\u4e1a\u503a\u5238\u548c\u91d1\u878d\u884d\u751f\u54c1\u7684\u4f30\u503c\u4e0e\u5b9a\u4ef7\uff0c\u51e0\u4e4e\u90fd\u662f\u4ee5\u7f8e\u503a\u6536\u76ca\u7387\u4e3a\u57fa\u7840\u3002<\/p><p>\u56e0\u6b64\uff0c\u7f8e\u503a\u6536\u76ca\u7387\u7684\u53d8\u5316\uff0c\u4f1a\u76f4\u63a5\u5f71\u54cd\u5168\u7403\u8d44\u4ea7\u7684\u5b9a\u4ef7\u3002\u77ed\u671f\u56fd\u503a\u6536\u76ca\u7387\uff0c\u51e0\u4e4e\u4e0e\u7f8e\u8054\u50a8\u7684\u5f53\u524d\u653f\u7b56\u5229\u7387\u540c\u6b65\uff1b\u800c\u957f\u671f\u56fd\u503a\u6536\u76ca\u7387\uff0c\u5219\u53cd\u6620\u4e86\u5e02\u573a\u5bf9\u672a\u6765\u7f8e\u8054\u50a8\u5229\u7387\u7684\u9884\u671f\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb3cdd6 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"cb3cdd6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e2398ca elementor-widget elementor-widget-heading\" data-id=\"e2398ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u7f8e\u8054\u50a8\u8bae\u606f\u4f1a\u8bae\u770b\u70b9<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b1b5955 elementor-widget elementor-widget-text-editor\" data-id=\"b1b5955\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u7f8e\u8054\u50a8\u6bcf\u5e74\u5b9a\u671f\u4e3e\u884c8\u6b21\u8bae\u606f\u4f1a\u8bae\uff0c\u7531\u5176\u516c\u5f00\u5e02\u573a\u59d4\u5458\u4f1a\uff08FOMC\uff09\u768412\u4f4d\u59d4\u5458\uff0c\u6295\u7968\u51b3\u5b9a\u8054\u90a6\u57fa\u91d1\u5229\u7387\u7684\u76ee\u6807\u533a\u95f4\u3002\u7136\u800c\uff0c\u5229\u7387\u51b3\u8bae\u7ed3\u679c\u672c\u8eab\uff0c\u5e76\u975e\u5e02\u573a\u5173\u6ce8\u7684\u7126\u70b9\uff0c\u62c9\u4e0b\u6765\u6211\u4eec\u5c06\u5206\u62c6\u8bae\u606f\u4f1a\u8bae\u56db\u5927\u770b\u70b9\uff1a<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d9c77f8 elementor-widget elementor-widget-text-editor\" data-id=\"d9c77f8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3>\u5229\u7387\u51b3\u8bae\u7ed3\u679c<\/h3><ul><li>\u65f6\u95f4\uff1a\u7f8e\u4e1c\u65f6\u95f4\u5229\u7387\u51b3\u8bae\u5f53\u592914:00<\/li><li>\u91cd\u8981\u6027\uff1a\u2606\u2606\u2606<\/li><li>\u5185\u5bb9\uff1a\u52a0\u606f\u3001\u51cf\u606f\u6216\u7ef4\u6301\u5229\u7387\u4e0d\u53d8<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a78164a elementor-widget elementor-widget-text-editor\" data-id=\"a78164a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u5728\u8bae\u606f\u4f1a\u8bae\u524d\uff0c\u5305\u62ec\u7f8e\u8054\u50a8\u4e3b\u5e2d\u5728\u5185\u7684FOMC\u5b98\u5458\uff0c\u5e38\u4f1a\u901a\u8fc7\u6f14\u8bb2\u548c\u91c7\u8bbf\u91ca\u653e\u653f\u7b56\u4fe1\u53f7\uff0c\u5f15\u5bfc\u5e02\u573a\u9884\u671f\uff0c\u4ece\u800c\u964d\u4f4e\u51b3\u8bae\u5e26\u6765\u7684\u51b2\u51fb\u3002\u56e0\u6b64\uff0c\u5927\u591a\u6570\u60c5\u51b5\u4e0b\uff0c\u5229\u7387\u51b3\u8bae\u7ed3\u679c\u65e9\u5df2\u88ab\u5e02\u573a\u6d88\u5316\uff0c\u96be\u4ee5\u5f15\u53d1\u660e\u663e\u6ce2\u52a8\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-77d900f elementor-widget elementor-widget-text-editor\" data-id=\"77d900f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3>\u8d27\u5e01\u653f\u7b56\u58f0\u660e<\/h3><ul><li>\u65f6\u95f4\uff1a\u7f8e\u4e1c\u65f6\u95f4\u5229\u7387\u51b3\u8bae\u5f53\u592914:00<\/li><li>\u91cd\u8981\u6027\uff1a\u2606\u2606\u2606\u2606\u2606<\/li><li>\u5185\u5bb9\uff1a\u5bf9\u7ecf\u6d4e\u73b0\u72b6\u7684\u8bc4\u4f30\u3001\u901a\u80c0\u4e0e\u5c31\u4e1a\u5c55\u671b\u3001\u672a\u6765\u653f\u7b56\u503e\u5411\u7b49<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9264f3c elementor-widget elementor-widget-text-editor\" data-id=\"9264f3c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u5728\u516c\u5e03\u5229\u7387\u51b3\u8bae\u7684\u540c\u65f6\uff0c\u7f8e\u8054\u50a8\u4f1a\u5728\u5b98\u7f51\u53d1\u5e03\u4e00\u4efd\u7b80\u77ed\u7684\u8d27\u5e01\u653f\u7b56\u58f0\u660e\uff0c\u7528\u4e8e\u8bc4\u4f30\u7ecf\u6d4e\u73b0\u72b6\u5e76\u63d0\u4f9b\u5bf9\u672a\u6765\u653f\u7b56\u8def\u5f84\u7684\u524d\u77bb\u6307\u5f15\u3002<\/p><p>\u7531\u4e8e\u5176\u4e2d\u5305\u542b\u5bf9\u672a\u6765\u8d27\u5e01\u653f\u7b56\u8d70\u5411\u7684\u5173\u952e\u4fe1\u53f7\uff0c\u653f\u7b56\u58f0\u660e\u5f80\u5f80\u6bd4\u5229\u7387\u7ed3\u679c\u672c\u8eab\u66f4\u53d7\u5173\u6ce8\uff0c\u5176\u63aa\u8f9e\u7684\u7ec6\u5fae\u53d8\u5316\u90fd\u53ef\u80fd\u5f15\u53d1\u5e02\u573a\u5267\u70c8\u6ce2\u52a8\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-16c13d5 elementor-widget elementor-widget-text-editor\" data-id=\"16c13d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3>\u65b0\u95fb\u53d1\u5e03\u4f1a<\/h3><ul><li>\u65f6\u95f4\uff1a\u7f8e\u4e1c\u65f6\u95f4\u5229\u7387\u51b3\u8bae\u5f53\u592914:30<\/li><li>\u91cd\u8981\u6027\uff1a\u2606\u2606\u2606\u2606\u2606<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-16bdcb4 elementor-widget elementor-widget-text-editor\" data-id=\"16bdcb4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u5728\u5229\u7387\u51b3\u8bae\u516c\u5e03\u7ea6\u534a\u5c0f\u65f6\u540e\uff0c\u7f8e\u8054\u50a8\u4e3b\u5e2d\u4f1a\u53ec\u5f00\u65b0\u95fb\u53d1\u5e03\u4f1a\uff0c\u5bf9\u653f\u7b56\u51b3\u5b9a\u548c\u58f0\u660e\u4f5c\u51fa\u89e3\u8bfb\u3002\u5982\u679c\u8bf4\u8d27\u5e01\u653f\u7b56\u58f0\u660e\u662f\u201c\u5b98\u65b9\u516c\u544a\u201d\uff0c\u90a3\u4e48\u65b0\u95fb\u53d1\u5e03\u4f1a\u5c31\u662f\u201c\u8bf4\u660e\u4e0e\u4e92\u52a8\u201d\u3002<\/p><p>\u5728\u8bb0\u8005\u63d0\u95ee\u73af\u8282\uff0c\u4e3b\u5e2d\u5f80\u5f80\u4f1a\u900f\u9732\u6bd4\u653f\u7b56\u58f0\u660e\u66f4\u7ec6\u81f4\u7684\u89c2\u70b9\uff0c\u4ece\u800c\u8fdb\u4e00\u6b65\u4fee\u6b63\u548c\u5f15\u5bfc\u5e02\u573a\u5bf9\u672a\u6765\u8d27\u5e01\u653f\u7b56\u7684\u9884\u671f\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3592125 elementor-widget elementor-widget-text-editor\" data-id=\"3592125\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3>\u70b9\u9635\u56fe\u548c\u7ecf\u6d4e\u9884\u6d4b\u6458\u8981<\/h3><ul><li>\u65f6\u95f4\uff1a\u6bcf\u5e743\u30016\u30019\u548c12\u6708\u5229\u7387\u51b3\u8bae\u5f53\u5929\u768414:00<\/li><li>\u91cd\u8981\u6027\uff1a\u2606\u2606\u2606\u2606\u2606<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4ff6605 elementor-widget elementor-widget-text-editor\" data-id=\"4ff6605\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u70b9\u9635\u56fe\u5c55\u793a\u4e86FOMC\u5404\u4f4d\u59d4\u5458\u5bf9\u672a\u6765\u5229\u7387\u7684\u9884\u6d4b\uff0c\u662f\u7f8e\u8054\u50a8\u6700\u76f4\u89c2\u7684\u524d\u77bb\u6307\u5f15\u4e4b\u4e00\uff1b\u800c\u7ecf\u6d4e\u9884\u6d4b\u6458\u8981\u5219\u63d0\u4f9b\u5b8f\u89c2\u7ecf\u6d4e\u5c55\u671b\uff0c\u6db5\u76d6\u59d4\u5458\u4eec\u5bf9GDP\u589e\u957f\u3001\u5931\u4e1a\u7387\u548c\u901a\u80c0\u7684\u5224\u65ad\u3002<\/p><p>\u70b9\u9635\u56fe\u548c\u7ecf\u6d4e\u9884\u6d4b\u6458\u8981\u90fd\u662f\u5b63\u5ea6\u6027\u6587\u4ef6\uff0c\u4f1a\u5728\u6bcf\u5e74\u6307\u5b9a\u6708\u4efd\uff0c\u4e0e\u5229\u7387\u51b3\u8bae\u7ed3\u679c\u548c\u653f\u7b56\u58f0\u660e\u4e00\u540c\u53d1\u5e03\u4e8e\u7f8e\u8054\u50a8\u5b98\u7f51\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8dbaf69 elementor-widget elementor-widget-text-editor\" data-id=\"8dbaf69\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u4e00\u53e5\u8bdd\u603b\u7ed3\u7f8e\u8054\u50a8\u8bae\u606f\u4f1a\u8bae\uff1a\u5229\u7387\u51b3\u8bae\u53ea\u662f\u8868\u8c61\uff0c\u771f\u6b63\u7684\u770b\u70b9\u5728\u4e8e\u653f\u7b56\u58f0\u660e\u548c\u65b0\u95fb\u53d1\u5e03\u4f1a\uff1b\u7ed3\u679c\u5f80\u5f80\u65e9\u5df2\u88ab\u5e02\u573a\u6d88\u5316\uff0c\u5e02\u573a\u5173\u6ce8\u7684\u662f\u672a\u6765\u653f\u7b56\u8d70\u5411\u7684\u4fe1\u53f7\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"featured_media":43806,"template":"","banner-type":[],"article-topics":[272],"difficult-level":[244],"article-categories":[199],"class_list":["post-36133","academy","type-academy","status-publish","has-post-thumbnail","hentry","article-topics-central-banks","difficult-level-intermediate","article-categories-fundamental-knowledge"],"_links":{"self":[{"href":"https:\/\/thinkmarkets.asia\/zh-hans\/wp-json\/wp\/v2\/academy\/36133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thinkmarkets.asia\/zh-hans\/wp-json\/wp\/v2\/academy"}],"about":[{"href":"https:\/\/thinkmarkets.asia\/zh-hans\/wp-json\/wp\/v2\/types\/academy"}],"version-history":[{"count":0,"href":"https:\/\/thinkmarkets.asia\/zh-hans\/wp-json\/wp\/v2\/academy\/36133\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thinkmarkets.asia\/zh-hans\/wp-json\/wp\/v2\/media\/43806"}],"wp:attachment":[{"href":"https:\/\/thinkmarkets.asia\/zh-hans\/wp-json\/wp\/v2\/media?parent=36133"}],"wp:term":[{"taxonomy":"banner-type","embeddable":true,"href":"https:\/\/thinkmarkets.asia\/zh-hans\/wp-json\/wp\/v2\/banner-type?post=36133"},{"taxonomy":"article-topics","embeddable":true,"href":"https:\/\/thinkmarkets.asia\/zh-hans\/wp-json\/wp\/v2\/article-topics?post=36133"},{"taxonomy":"difficult-level","embeddable":true,"href":"https:\/\/thinkmarkets.asia\/zh-hans\/wp-json\/wp\/v2\/difficult-level?post=36133"},{"taxonomy":"article-categories","embeddable":true,"href":"https:\/\/thinkmarkets.asia\/zh-hans\/wp-json\/wp\/v2\/article-categories?post=36133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}