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\u7279\u6717\u666e\u82e5\u4e0d\u80fd\u6216\u4e0d\u60f3\u4ed8\u51fa\u592a\u9ad8\u6210\u672c\u8fad\u9000\u9b91\u5a01\u723e\uff0c\u90a3\u4ed6\u4ecd\u53ef\u4ee5\u7b49\u5230\u6709\u7a7a\u7f3a\u6642\u59d4\u4efb\u5fd7\u540c\u9053\u5408\u8005\u70ba\u7406\u4e8b\u6703\u6210\u54e1\u6216\u4e3b\u5e2d\uff0c\u53bb\u5f71\u97ff\u806f\u5132\u5c40\u7684\u8ca8\u5e63\u653f\u7b56\uff0c\u4e0d\u904e\u9019\u6709\u4e00\u5b9a\u7684\u56f0\u96e3\u3002\u4ed6\u5728\u7b2c\u4e00\u4efb\u7e3d\u7d71\u671f\u5167\u63d0\u540d\u4e863\u4eba\uff0c\u5747\u904e\u4e0d\u4e86\u53c3\u8b70\u9662\uff0c\u5176\u4e2d\u5973\u7d93\u6fdf\u5b78\u8005\u8b1d\u723e\u9813\uff08Judy Shelton\uff09\u56e0\u4e3b\u5f35\u7f8e\u5143\u8207\u9ec3\u91d1\u639b\u920e\u53ca\u5c0d\u806f\u5132\u5c40\u7368\u7acb\u6027\u7f6e\u7591\u800c\u5931\u53bb\u4e00\u4e9b\u5171\u548c\u9ee8\u53c3\u8b70\u54e1\u7684\u652f\u6301\u3002 \u6709\u8da3\u7684\u662f\uff0c\u88ab\u7279\u6717\u666e\u8003\u616e\u505a\u8ca1\u653f\u90e8\u9577\u7684\u8c9d\u6851\uff08Scott Bessent\uff09\uff0c\u5efa\u8b70\u7279\u6717\u666e\u4e0a\u4efb\u5f8c\u5373\u63d0\u540d\u53ca\u722d\u53d6\u53c3\u8b70\u9662\u63d0\u65e9\u78ba\u8a8d\u65b0\u7684\u7406\u4e8b\u6703\u4e3b\u5e2d\u4eba\u9078\uff0c\u4f5c\u70ba\u5f71\u5b50\u4e3b\u5e2d\uff0c\u67b6\u7a7a\u9b91\u5a01\u723e\u3002\u5f71\u5b50\u4e3b\u5e2d\u53ef\u5c31\u8ca8\u5e63\u653f\u7b56\u767c\u8a00\uff0c\u5728\u6163\u5e38\u7684\u524d\u77bb\u6307\u5f15\uff08forward guidance\uff09\u505a\u6cd5\u4e0b\uff0c\u5e02\u5834\u6703\u6bd4\u8f03\u807d\u53d6\u5f71\u5b50\u4e3b\u5e2d\u610f\u898b\u800c\u4e0d\u7406\u6703\u4efb\u671f\u53ea\u52302026\u5e74\u7684\u9b91\u5a01\u723e\u3002\u8c9d\u6851\u8aaa\u9019\u53ea\u662f\u4ed6\u500b\u4eba\u610f\u898b\uff0c\u800c\u975e\u7279\u6717\u666e\u7684\u610f\u898b\uff0c\u4f46\u53c8\u8aaa\u66fe\u548c\u7279\u6717\u666e\u8a0e\u8ad6\uff0c\u4e26\u6709\u628a\u9019\u500b\u60f3\u6cd5\u8207\u7279\u6717\u666e\u7684\u9867\u554f\u5206\u4eab\u3002\u672a\u77e5\u8c9d\u6851\u9019\u4e00\u62db\u6703\u5426\u5728\u672a\u4f86\u7f8e\u570b\u9ee8\u722d\u4e2d\u88ab\u91cd\u8907\u4f7f\u7528\uff0c\u5c0e\u81f4\u653f\u58c7\u5e7b\u5f71\u91cd\u91cd\uff1f \u9678\u708e\u8f1d\u535a\u58eb \u6e2f\u5927\u7d93\u7ba1\u5b78\u9662\u69ae\u8b7d\u526f\u6559\u6388 \uff08\u672c\u6587\u540c\u6642\u65bc\u4e8c\u96f6\u4e8c\u56db\u5e74\u5341\u4e00\u6708\u4e8c\u5341\u65e5\u8f09\u65bc\u300a\u4fe1\u5831\u300b\u300c\u9f8d\u864e\u5c71\u4e0b\u300d\u5c08\u6b04\uff09\" \/>\n\t<meta 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\u7279\u6717\u666e\u82e5\u4e0d\u80fd\u6216\u4e0d\u60f3\u4ed8\u51fa\u592a\u9ad8\u6210\u672c\u8fad\u9000\u9b91\u5a01\u723e\uff0c\u90a3\u4ed6\u4ecd\u53ef\u4ee5\u7b49\u5230\u6709\u7a7a\u7f3a\u6642\u59d4\u4efb\u5fd7\u540c\u9053\u5408\u8005\u70ba\u7406\u4e8b\u6703\u6210\u54e1\u6216\u4e3b\u5e2d\uff0c\u53bb\u5f71\u97ff\u806f\u5132\u5c40\u7684\u8ca8\u5e63\u653f\u7b56\uff0c\u4e0d\u904e\u9019\u6709\u4e00\u5b9a\u7684\u56f0\u96e3\u3002\u4ed6\u5728\u7b2c\u4e00\u4efb\u7e3d\u7d71\u671f\u5167\u63d0\u540d\u4e863\u4eba\uff0c\u5747\u904e\u4e0d\u4e86\u53c3\u8b70\u9662\uff0c\u5176\u4e2d\u5973\u7d93\u6fdf\u5b78\u8005\u8b1d\u723e\u9813\uff08Judy Shelton\uff09\u56e0\u4e3b\u5f35\u7f8e\u5143\u8207\u9ec3\u91d1\u639b\u920e\u53ca\u5c0d\u806f\u5132\u5c40\u7368\u7acb\u6027\u7f6e\u7591\u800c\u5931\u53bb\u4e00\u4e9b\u5171\u548c\u9ee8\u53c3\u8b70\u54e1\u7684\u652f\u6301\u3002 \u6709\u8da3\u7684\u662f\uff0c\u88ab\u7279\u6717\u666e\u8003\u616e\u505a\u8ca1\u653f\u90e8\u9577\u7684\u8c9d\u6851\uff08Scott Bessent\uff09\uff0c\u5efa\u8b70\u7279\u6717\u666e\u4e0a\u4efb\u5f8c\u5373\u63d0\u540d\u53ca\u722d\u53d6\u53c3\u8b70\u9662\u63d0\u65e9\u78ba\u8a8d\u65b0\u7684\u7406\u4e8b\u6703\u4e3b\u5e2d\u4eba\u9078\uff0c\u4f5c\u70ba\u5f71\u5b50\u4e3b\u5e2d\uff0c\u67b6\u7a7a\u9b91\u5a01\u723e\u3002\u5f71\u5b50\u4e3b\u5e2d\u53ef\u5c31\u8ca8\u5e63\u653f\u7b56\u767c\u8a00\uff0c\u5728\u6163\u5e38\u7684\u524d\u77bb\u6307\u5f15\uff08forward guidance\uff09\u505a\u6cd5\u4e0b\uff0c\u5e02\u5834\u6703\u6bd4\u8f03\u807d\u53d6\u5f71\u5b50\u4e3b\u5e2d\u610f\u898b\u800c\u4e0d\u7406\u6703\u4efb\u671f\u53ea\u52302026\u5e74\u7684\u9b91\u5a01\u723e\u3002\u8c9d\u6851\u8aaa\u9019\u53ea\u662f\u4ed6\u500b\u4eba\u610f\u898b\uff0c\u800c\u975e\u7279\u6717\u666e\u7684\u610f\u898b\uff0c\u4f46\u53c8\u8aaa\u66fe\u548c\u7279\u6717\u666e\u8a0e\u8ad6\uff0c\u4e26\u6709\u628a\u9019\u500b\u60f3\u6cd5\u8207\u7279\u6717\u666e\u7684\u9867\u554f\u5206\u4eab\u3002\u672a\u77e5\u8c9d\u6851\u9019\u4e00\u62db\u6703\u5426\u5728\u672a\u4f86\u7f8e\u570b\u9ee8\u722d\u4e2d\u88ab\u91cd\u8907\u4f7f\u7528\uff0c\u5c0e\u81f4\u653f\u58c7\u5e7b\u5f71\u91cd\u91cd\uff1f \u9678\u708e\u8f1d\u535a\u58eb \u6e2f\u5927\u7d93\u7ba1\u5b78\u9662\u69ae\u8b7d\u526f\u6559\u6388 \uff08\u672c\u6587\u540c\u6642\u65bc\u4e8c\u96f6\u4e8c\u56db\u5e74\u5341\u4e00\u6708\u4e8c\u5341\u65e5\u8f09\u65bc\u300a\u4fe1\u5831\u300b\u300c\u9f8d\u864e\u5c71\u4e0b\u300d\u5c08\u6b04\uff09\" \/>\n\t\t<meta 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