{"id":9004,"date":"2026-01-12T08:56:51","date_gmt":"2026-01-12T08:56:51","guid":{"rendered":"https:\/\/www.mdwcc.com\/?p=9004"},"modified":"2026-01-12T08:56:55","modified_gmt":"2026-01-12T08:56:55","slug":"non-farm-payroll-data-barometer-shifts-the-feds-policy-anchor-point-shifts-and-new-market-dynamics","status":"publish","type":"post","link":"https:\/\/www.mdwcc.com\/zh_hk\/non-farm-payroll-data-barometer-shifts-the-feds-policy-anchor-point-shifts-and-new-market-dynamics\/","title":{"rendered":"\u975e\u8fb2\u6578\u64da\u201c\u6674\u96e8\u8868\u201d\u8f49\u8b8a\uff01\u7f8e\u806f\u5132\u653f\u7b56\u9328\u9ede\u8f49\u8b8a\u8207\u5e02\u5834\u65b0\u52d5\u614b"},"content":{"rendered":"

\u4f5c\u70ba\u53cd\u6620\u7f8e\u570b\u7d93\u6fdf\u6d3b\u529b\u7684\u6674\u96e8\u8868\uff0c\u7f8e\u570b\u975e\u8fb2\u6578\u64da\u7684\u767c\u5e03\u4e0d\u50c5\u76f4\u63a5\u5f71\u97ff\u5e02\u5834\u5c0d\u7d93\u6fdf\u524d\u666f\u7684\u5224\u65b7\uff0c\u9084\u8207\u7f8e\u806f\u5132\u7684\u653f\u7b56\u8d70\u5411\u548c\u5168\u7403\u8cc7\u7522\u50f9\u683c\u6ce2\u52d5\u6709\u8457\u6df1\u523b\u7684\u806f\u7e6b\u3002\u5f9e2025\u5e74\u4e0b\u534a\u5e74\u7684\u7279\u6b8a\u5e02\u5834\u5206\u5316\uff0c\u5230\u5e74\u5e95\u95dc\u9375\u6578\u64da\u7684\u767c\u5e03\uff0c\u4e00\u7cfb\u5217\u975e\u8fb2\u5831\u544a\u52fe\u52d2\u51fa\u7f8e\u570b\u7d93\u6fdf\u8f49\u578b\u671f\u7684\u8907\u96dc\u5716\u666f\uff0c\u4e5f\u5f15\u767c\u4e86\u5168\u7403\u653f\u7b56\u8abf\u6574\u8207\u5e02\u5834\u8d70\u52e2\u7684\u6df1\u5ea6\u535a\u5f08\u3002<\/p>\n

2025\u5e74\u4e0b\u534a\u5e74\uff0c\u7f8e\u570b\u5c31\u696d\u5e02\u5834\u51fa\u73fe\u4e86\u7f55\u898b\u7684\u5206\u5316\uff1a\u5c31\u696d\u5d17\u4f4d\u5275\u9020\u91cf\u540c\u6b65\u4e0a\u5347\uff0c\u5931\u696d\u7387\u4e0a\u5347\u3002 9\u6708\u975e\u8fb2\u5c31\u696d\u5831\u544a\u986f\u793a\uff0c\u7576\u6708\u65b0\u589e\u5c31\u696d\u5d17\u4f4d11.9\u842c\u500b\uff0c\u9060\u8d85\u5e02\u5834\u9810\u671f\u76845.1\u842c\u500b\uff0c\u4f46\u5931\u696d\u7387\u74b0\u6bd4\u5347\u81f34.4%\u3002\u9020\u6210\u9019\u4e00\u77db\u76fe\u73fe\u8c61\u7684\u6838\u5fc3\u539f\u56e0\u4e0d\u662f\u5931\u696d\uff0c\u800c\u662f\u52de\u52d5\u529b\u4f9b\u6c42\u95dc\u4fc2\u7684\u7d50\u69cb\u6027\u8abf\u6574\u3002\u5275\u9020\u5c31\u696d\u6a5f\u6703\u7684\u589e\u52a0\u6e90\u65bc\u4f01\u696d\u6301\u7e8c\u7a4d\u6975\u62db\u8058\uff0c\u7279\u5225\u662f\u653f\u5e9c\u95dc\u9580\u7d50\u675f\u5f8c\u7684\u4e00\u6b21\u6027\u518d\u5c31\u696d\uff1b\u800c\u5931\u696d\u7387\u4e0a\u5347\u662f\u7531\u65bc\u7d0450\u842c\u4eba\u91cd\u65b0\u9032\u5165\u52de\u52d5\u529b\u5e02\u5834\uff0c\u5c0e\u81f4\u52de\u52d5\u529b\u53c3\u8207\u7387\u540c\u6b65\u4e0a\u5347\u3002\u4f9b\u61c9\u7684\u589e\u52a0\u62b5\u6d88\u4e86\u65b0\u5275\u9020\u5c31\u696d\u6a5f\u6703\u7684\u7a4d\u6975\u5f71\u97ff\u3002<\/p>\n

\"\u5716\u7247<\/p>\n

\u540c\u6642\uff0c\u6578\u64da\u7d71\u8a08\u7684\u7368\u7279\u6027\u9032\u4e00\u6b65\u653e\u5927\u4e86\u9019\u7a2e\u5dee\u7570\uff1a8\u6708\u4efd\u975e\u8fb2\u8abf\u67e5\u4f01\u696d\u56de\u590d\u7387\u50c5\u70ba75.6%\uff0c1.2\u842c\u5bb6\u4f01\u696d\u7684\u5c31\u696d\u6578\u64da\u63a8\u9072\u52309\u6708\u4efd\u516c\u4f48\u3002\u518d\u52a0\u4e0a\u5730\u65b9\u653f\u5e9c\u96c6\u4e2d\u7d0d\u51651.9\u842c\u500b\u6559\u5e2b\u5d17\u4f4d\uff0c\u76f4\u63a5\u62c9\u52d59\u6708\u4efd\u65b0\u589e\u5d17\u4f4d\u7d043.8\u842c\u500b\u3002\u6b64\u5916\uff0c\u6a5f\u69cb\u8abf\u67e5\u4e2d\u7684\u201c\u5d17\u4f4d\u591a\u3001\u91cd\u8907\u7d71\u8a08\u201d\uff0c\u8a87\u5927\u4e86\u5d17\u4f4d\u6578\u91cf\u7d047.4\u842c\u500b\uff0c\u800c\u5165\u6236\u8abf\u67e5\u8986\u84cb\u7684\u500b\u9ad4\u6236\u3001\u96f6\u5de5\u5d17\u4f4d\u591a\u70ba\u4f4e\u85aa\u6216\u517c\u8077\u5d17\u4f4d\uff0c\u7121\u6cd5\u771f\u6b63\u63d0\u9ad8\u5c31\u696d\u8cea\u91cf\u3002<\/p>\n

12\u6708\u975e\u8fb2\u5c31\u696d\u5831\u544a\u6210\u70ba\u5e02\u5834\u7126\u9ede\u2014\u2014\u4f5c\u70ba\u7f8e\u570b\u653f\u5e9c\u95dc\u958043\u5929\u540e\u9996\u500b\u6309\u6642\u516c\u4f48\u7684\u5c31\u696d\u6578\u64da\uff0c\u5176\u6e96\u78ba\u6027\u548c\u5b8c\u6574\u6027\u986f\u8457\u63d0\u5347\uff0c\u53c3\u8003\u50f9\u503c\u9060\u8d85\u6b64\u524d\u66ff\u4ee3\u6307\u6a19\u3002\u95dc\u9375\u6578\u64da\u986f\u793a\uff0c12\u6708\u7d93\u5b63\u7bc0\u8abf\u6574\u7684\u975e\u8fb2\u5c31\u696d\u4eba\u6578\u50c5\u589e\u52a05\u842c\uff08\u4f4e\u65bc\u9810\u671f\u76846\u842c\uff0c\u524d\u503c\u4fee\u6b63\u70ba5.6\u842c\uff09\uff0c\u5931\u696d\u7387\u70ba4.4%\uff0c\u7565\u4f4e\u65bc\u9810\u671f\u3002\u5206\u884c\u696d\u770b\uff0c\u9910\u98f2\u3001\u91ab\u7642\u4fdd\u5065\u884c\u696d\u5c31\u696d\u4eba\u6578\u6301\u7e8c\u589e\u52a0\uff0c\u96f6\u552e\u696d\u5c31\u696d\u4eba\u6578\u6e1b\u5c11\u3002\u5728\u5de5\u8cc7\u548c\u5de5\u6642\u65b9\u9762\uff0c\u79c1\u71df\u90e8\u9580\u975e\u8fb2\u50f1\u54e1\u7684\u5e73\u5747\u6642\u85aa\u74b0\u6bd4\u4e0a\u6f320.3%\u81f337.02\u7f8e\u5143\uff08\u540c\u6bd4\u4e0a\u6f323.8%\uff09\uff0c\u800c\u5e73\u5747\u6bcf\u9031\u5de5\u4f5c\u6642\u9593\u7565\u6709\u4e0b\u964d\u81f334.2\u5c0f\u6642\u3002\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0c10\u6708\u548c11\u6708\u975e\u8fb2\u5c31\u696d\u6578\u64da\u5408\u8a08\u4e0b\u8abf7.6\u842c\uff0c\u4e09\u500b\u6708\u79fb\u52d5\u5e73\u5747\u5c31\u696d\u4eba\u6578\u840e\u7e2e2.2\u842c\uff0c\u88ab\u8996\u70ba\u4e0d\u5229\u65bc\u6d88\u8cbb\u8005\u652f\u51fa\u3002\u7e31\u89c0\u5168\u5e74\uff0c\u9810\u8a082025\u5e74\u975e\u8fb2\u5c31\u696d\u4eba\u6578\u50c5\u589e\u52a058.4\u842c\u4eba\uff0c\u70ba2020\u5e74\u4ee5\u4f86\u6700\u5f31\uff0c\u9060\u4f4e\u65bc2024\u5e74\u7684200\u842c\u4eba\u3002<\/p>\n

\"\u5716\u7247<\/p>\n

\u975e\u8fb2\u5c31\u696d\u6578\u64da\u76f4\u63a5\u5f71\u97ff\u7f8e\u806f\u5132\u7684\u8ca8\u5e63\u653f\u7b56\u3002\u4f5c\u70ba\u7f8e\u806f\u5132\u5229\u7387\u653f\u7b56\u7684\u6838\u5fc3\u53c3\u8003\u6307\u6a19\u4e4b\u4e00\uff0c\u975e\u8fb2\u6578\u64da\u7684\u8868\u73fe\u6301\u7e8c\u4fee\u6b63\u5e02\u5834\u5c0d\u964d\u606f\u6b65\u4f10\u7684\u62bc\u6ce8\u3002 2025\u5e74\u4e0b\u534a\u5e74\u5c31\u696d\u75b2\u8edf\u7684\u8de1\u8c61\u6b63\u5728\u986f\u73fe\uff1a\u6311\u6230\u800510\u6708\u88c1\u54e1\u74b0\u6bd4\u6fc0\u589e183%\uff08\u70ba2003\u5e74\u4ee5\u4f86\u6700\u9ad8\uff09\uff0c11\u6708ADP\u6578\u64da\u986f\u793a\u524d4\u5468\u5e73\u5747\u6bcf\u9031\u6de8\u88c1\u54e113,500\u4eba\u3002\u5e02\u5834\u539f\u672c\u9810\u671f\u7f8e\u806f\u513212\u6708\u964d\u606f\uff0c\u4f4612\u6708\u975e\u8fb2\u6578\u64da\u6539\u8b8a\u9810\u671f\uff1a\u4ea4\u6613\u54e1\u76ee\u524d\u8a8d\u70ba1\u6708\u964d\u606f\u7684\u53ef\u80fd\u6027\u70ba\u96f6\u3002 CME\u6578\u64da\u986f\u793a\uff0c1\u6708\u4efd\u964d\u606f25\u500b\u57fa\u9ede\u7684\u6982\u7387\u5f9e11.6%\u4e0b\u964d\u81f32.8%\uff08\u4e0d\u8b8a\u6982\u7387\u70ba97.2%\uff09\uff0c3\u6708\u4efd\u964d\u606f25\u500b\u57fa\u9ede\u7684\u6982\u7387\u70ba32.3%\u3002\u9ad8\u76db\u7684Lindsey Rosenner\u8a8d\u70ba\uff0c\u52de\u52d5\u529b\u5e02\u5834\u6b63\u5728\u986f\u73fe\u51fa\u4f01\u7a69\u7684\u521d\u6b65\u8de1\u8c61\uff0c11\u6708\u4efd\u5931\u696d\u7387\u7684\u98c6\u5347\u662f\u7531\u65bc\u500b\u4eba\u5931\u696d\u548c\u6578\u64da\u626d\u66f2\u9020\u6210\u7684\uff0c\u800c\u4e0d\u662f\u7cfb\u7d71\u6027\u75b2\u8edf\u3002\u7f8e\u806f\u5132\u53ef\u80fd\u6703\u7dad\u6301\u73fe\u72c0\u3002<\/p>\n

\u9b91\u5a01\u723e\u6697\u793a\u964d\u606f\u9580\u6abb\u8f03\u9ad8\uff0c\u8868\u793a\u7576\u524d\u501f\u8cb8\u6210\u672c\u5408\u9069\uff0c\u4e26\u5c0d\u52de\u5de5\u7d71\u8a08\u5c40\u6578\u64da\u7684\u6e96\u78ba\u6027\u8868\u793a\u64d4\u6182\uff08\u8a8d\u70ba\u6bcf\u6708\u5be6\u969b\u5c31\u696d\u589e\u9577\u6bd4\u5831\u544a\u7684\u5c116\u842c\uff09\u3002\u9019\u4e9b\u56e0\u7d20\u69cb\u6210\u4e86\u7f8e\u806f\u5132\u66ab\u505c\u964d\u606f\u7684\u57fa\u790e\u3002\u975e\u8fb2\u6578\u64da\u7684\u50b3\u5c0e\u6548\u61c9\u5df2\u8fc5\u901f\u6ce2\u53ca\u5168\u7403\u8cc7\u7522\u5e02\u5834\u3002\u5f9e\u6b77\u53f2\u4e0a\u770b\uff0c\u7a4d\u6975\u7684\u975e\u8fb2\u5c31\u696d\u6578\u64da\u901a\u5e38\u6709\u5229\u65bc\u7f8e\u5143\uff0c\u524a\u5f31\u8cb4\u91d1\u5c6c\uff0c\u4e26\u63d0\u632f\u7f8e\u570b\u5468\u671f\u6027\u80a1\u7968\uff1b\u53e6\u4e00\u65b9\u9762\uff0c\u75b2\u8edf\u7684\u6578\u64da\u6703\u524a\u5f31\u7f8e\u5143\uff0c\u589e\u52a0\u5c0d\u9ec3\u91d1\u548c\u767d\u9280\u4f5c\u70ba\u907f\u96aa\u8cc7\u7522\u7684\u9700\u6c42\uff0c\u4e26\u6709\u5229\u65bc\u7f8e\u570b\u5e02\u5834\u7684\u6210\u9577\u578b\u80a1\u7968\u3002\u57282025\u5e7412\u6708\u975e\u8fb2\u6578\u64da\u75b2\u5f31\u548c\u5730\u7de3\u653f\u6cbb\u98a8\u96aa\u5347\u7d1a\u96d9\u91cd\u63a8\u52d5\u4e0b\uff0c\u4eca\u65e5\u5168\u7403\u8cb4\u91d1\u5c6c\u5e02\u5834\u5927\u5e45\u6ce2\u52d5\uff0c\u6210\u70ba\u975e\u8fb2\u6578\u64da\u50b3\u5c0e\u6548\u61c9\u7684\u6838\u5fc3\u9ad4\u73fe\uff1a\u570b\u969b\u73fe\u8ca8\u9ec3\u91d1\u9996\u6b21\u7a81\u78344600\u7f8e\u5143\u95dc\u53e3\uff0c\u76e4\u4e2d\u6f32\u5e45\u4e00\u5ea6\u64f4\u5927\u81f32%\uff0c\u6700\u9ad8\u89f8\u53ca4612\u7f8e\u5143\/\u76ce\u53f8\uff0c\u96a8\u5f8c\u56de\u843d\u81f34580.38\u7f8e\u5143\/\u76ce\u53f8\u3002\u622a\u81f3\u64b0\u5beb\u672c\u6587\u6642\uff0c\u81ea2026\u5e74\u521d\u4ee5\u4f86\u7d2f\u8a08\u6f32\u5e45\u8d85\u904e6%\uff1b\u73fe\u8ca8\u767d\u9280\u5927\u6f32\u8fd15%\uff0c\u7a81\u783484\u7f8e\u5143\u5927\u95dc\uff0c\u7e7c\u7e8c\u5237\u65b0\u6b77\u53f2\u65b0\u9ad8\uff0cCOMEX\u767d\u9280\u4e5f\u5927\u6f32\u903e5%\uff0c\u903c\u8fd184\u7f8e\u5143\/\u76ce\u53f8\u3002<\/p>\n

\"IMG_257\"<\/p>\n

\u7f8e\u570b\u570b\u50b5\u5e02\u5834\u65b9\u9762\uff0c10\u5e74\u671f\u7f8e\u570b\u570b\u50b5\u6536\u76ca\u7387\u7dad\u6301\u57284.177%\u5de6\u53f3\uff0c30\u5e74\u671f\u8d85\u9577\u671f\u570b\u50b5\u6536\u76ca\u7387\u7dad\u6301\u57284.84%\u7684\u8f03\u9ad8\u6c34\u5e73\uff0c\u5ef6\u7e8c\u8fd1\u671f\u8abf\u6574\u614b\u52e2\u3002\u9019\u53cd\u6620\u51fa\u5e02\u5834\u5728\u975e\u8fb2\u6578\u64da\u75b2\u5f31\u548c\u964d\u606f\u9810\u671f\u4ea4\u7e54\u4e0b\u7684\u8b39\u614e\u614b\u5ea6\u3002\u5118\u7ba112\u6708\u975e\u8fb2\u5c31\u696d\u6578\u64da\u524a\u5f31\u4e86\u7d93\u6fdf\u97cc\u6027\u9810\u671f\uff0c\u4f46\u5730\u7de3\u653f\u6cbb\u98a8\u96aa\u548c\u9577\u671f\u8ca1\u653f\u64d4\u6182\u7e7c\u7e8c\u652f\u6490\u9577\u671f\u5229\u7387\u3002\u5c0d\u65bc\u7f8e\u80a1\u800c\u8a00\uff0c\u5982\u679c\u5f8c\u7e8c\u975e\u8fb2\u6578\u64da\u7e7c\u7e8c\u8b49\u5be6\u52de\u52d5\u529b\u5e02\u5834\u7684\u8106\u5f31\uff0c\u5e02\u5834\u5c0d\u7f8e\u806f\u5132\u964d\u606f\u7684\u9810\u671f\u53ef\u80fd\u6703\u91cd\u65b0\u71c3\u8d77\u3002\u9019\u53ef\u80fd\u70ba\u7d0d\u65af\u9054\u514b\u7b49\u6210\u9577\u578b\u80a1\u7968\u63d0\u4f9b\u65b0\u7684\u652f\u6490\uff0c\u800c\u9053\u74ca\u65af\u7b49\u5468\u671f\u6027\u80a1\u7968\u7684\u8868\u73fe\u5247\u9700\u8981\u6839\u64da\u7d93\u6fdf\u589e\u9577\u6578\u64da\u9032\u4e00\u6b65\u9a57\u8b49\u3002\u6b64\u5916\uff0c\u540c\u671f\u7f8e\u5143\u6307\u6578\u4e0b\u8dcc1.2%\uff0c\u8207\u8cb4\u91d1\u5c6c\u50f9\u683c\u5448\u73fe\u5178\u578b\u7684\u8ca0\u76f8\u95dc\u95dc\u4fc2\u3002\u82e5\u5f8c\u7e8c\u975e\u8fb2\u6578\u64da\u91cb\u653e\u9032\u4e00\u6b65\u75b2\u8edf\u4fe1\u865f\uff0c\u7f8e\u5143\u8d70\u5f31\u8da8\u52e2\u6216\u5c07\u9032\u4e00\u6b65\u5f37\u5316\u3002<\/p>\n

\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0c\u89e3\u8b80\u975e\u8fb2\u6578\u64da\u9700\u8981\u907f\u514d\u57fa\u65bc\u55ae\u4e00\u6307\u6a19\u7684\u8aa4\u5224\uff0c\u4e26\u517c\u9867\u6578\u64da\u8cea\u91cf\u548c\u5f8c\u7e8c\u9a57\u8b49\u3002\u4e00\u65b9\u9762\uff0c\u91cd\u8981\u7684\u662f\u8981\u8003\u616e\u65b0\u589e\u5c31\u696d\u5d17\u4f4d\u662f\u5426\u96c6\u4e2d\u5728\u517c\u8077\u6216\u4f4e\u5de5\u8cc7\u884c\u696d\uff1b\u5982\u679c\u662f\u9019\u6a23\uff0c\u5be6\u969b\u5c31\u696d\u8cea\u91cf\u53ef\u80fd\u4f4e\u65bc\u8868\u9762\u6578\u64da\u986f\u793a\u7684\u6c34\u5e73\u3002\u52de\u52d5\u529b\u53c3\u8207\u7387\u7684\u8b8a\u5316\u4e5f\u81f3\u95dc\u91cd\u8981\u3002 2025\u5e749\u6708\uff0c\u52de\u52d5\u529b\u53c3\u8207\u7387\u4e0b\u964d\u5c0e\u81f4\u5931\u696d\u7387\u201c\u865b\u5047\u4e0b\u964d\u201d\uff0c\u9019\u7a2e\u60c5\u6cc1\u503c\u5f97\u8b66\u60d5\u3002 2025\u5e7412\u6708\u7684\u6578\u64da\u986f\u793a\uff0c\u7d04\u6709530\u842c\u4eba\u56e0\u7d93\u6fdf\u539f\u56e0\u5f9e\u4e8b\u517c\u8077\u5de5\u4f5c\uff08\u540c\u6bd4\u589e\u52a098\u842c\u4eba\uff09\uff0c\u5176\u4e2d\u5927\u90e8\u5206\u662f\u56e0\u5de5\u4f5c\u6642\u9593\u6e1b\u5c11\u6216\u627e\u4e0d\u5230\u5168\u8077\u5d17\u4f4d\u800c\u88ab\u8feb\u5f9e\u4e8b\u517c\u8077\u5de5\u4f5c\uff0c\u53cd\u6620\u51fa\u5c0d\u5c31\u696d\u8cea\u91cf\u7684\u64d4\u6182\u3002\u53e6\u4e00\u65b9\u9762\uff0c\u9700\u8981\u8207\u5f8c\u7e8c\u7d93\u6fdf\u6578\u64da\u9032\u884c\u4ea4\u53c9\u9a57\u8b49\u3002\u5982\u679c\u975e\u8fb2\u6578\u64da\u8207\u5176\u4ed6\u6307\u6a19\u51fa\u73fe\u504f\u5dee\uff0c\u5247\u53ef\u80fd\u53cd\u6620\u51fa\u7d50\u69cb\u6027\u7d93\u6fdf\u77db\u76fe\u3002\u5728\u9019\u7a2e\u60c5\u6cc1\u4e0b\uff0c\u5e02\u5834\u9700\u8981\u7b49\u5f85\u66f4\u591a\u6578\u64da\u4f86\u78ba\u8a8d\u8da8\u52e2\uff0c\u907f\u514d\u904e\u65e9\u62bc\u6ce8\u653f\u7b56\u65b9\u5411\u3002<\/p>\n

\"\u5716\u7247<\/p>\n

\u5f9e2025\u5e74\u4e0b\u534a\u5e74\u4f9b\u9700\u7d50\u69cb\u8abf\u6574\u5230\u5e74\u5e95\u6578\u64da\u767c\u5e03\uff0c\u7f8e\u570b\u975e\u8fb2\u6578\u64da\u59cb\u7d42\u767c\u63ee\u8457\u7d93\u6fdf\u6674\u96e8\u8868\u7684\u6838\u5fc3\u4f5c\u7528\u3002\u5b83\u4e0d\u50c5\u662f\u5224\u65b7\u7f8e\u570b\u7d93\u6fdf\u201c\u8edf\u8457\u9678\u201d\u9032\u5c55\u7684\u91cd\u8981\u57fa\u6e96\uff0c\u4e5f\u662f\u7f8e\u806f\u5132\u653f\u7b56\u64cd\u4f5c\u7684\u6838\u5fc3\u9328\u9ede\u548c\u5168\u7403\u8cc7\u7522\u50f9\u683c\u6ce2\u52d5\u7684\u91cd\u8981\u9a45\u52d5\u529b\u3002\u4e0b\u9031\u5c07\u516c\u4f48\u7684\u7f8e\u570b12\u6708CPI\u6578\u64da\u81f3\u95dc\u91cd\u8981\u3002\u5982\u679cCPI\u53cd\u5f48\u6216\u6c92\u6709\u5927\u5e45\u4f4e\u65bc\u9810\u671f\uff0c1\u6708\u4efd\u964d\u606f\u57fa\u672c\u4e0a\u80af\u5b9a\u6703\u88ab\u53d6\u6d88\u3002\u5728\u9019\u500b\u7d93\u6fdf\u8f49\u578b\u548c\u653f\u7b56\u8abf\u6574\u7684\u95dc\u9375\u6642\u671f\uff0c\u53ea\u6709\u7d9c\u5408\u8003\u616e\u6578\u64da\u7d30\u7bc0\u3001\u7d71\u8a08\u7d30\u7bc0\u548c\u5f8c\u7e8c\u9a57\u8b49\u6307\u6a19\uff0c\u624d\u80fd\u66f4\u6e96\u78ba\u5730\u628a\u63e1\u7d93\u6fdf\u8d70\u52e2\u548c\u5e02\u5834\u8108\u640f\uff0c\u61c9\u5c0d\u9019\u4e00\u6838\u5fc3\u6578\u64da\u7684\u591a\u91cd\u5f71\u97ff\u3002<\/p>","protected":false},"excerpt":{"rendered":"

\u7f8e\u570b\u975e\u8fb2\u5c31\u696d\u6578\u64da\u91cd\u5851\u4e86\u7f8e\u806f\u51322025\u5e74\u672b\u964d\u606f\u9810\u671f\uff0c\u63a8\u52d5\u7f8e\u5143\u3001\u9ec3\u91d1\u3001\u767d\u9280\u3001\u570b\u50b5\u548c\u5168\u7403\u98a8\u96aa\u8cc7\u7522\u7684\u6ce2\u52d5\u3002<\/p>","protected":false},"author":1,"featured_media":9005,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[115],"tags":[512,514,513],"class_list":["post-9004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-news","tag-december-nfp-data","tag-federal-reserve-rate-outlook","tag-us-non-farm-payroll"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mdwcc.com\/zh_hk\/wp-json\/wp\/v2\/posts\/9004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mdwcc.com\/zh_hk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mdwcc.com\/zh_hk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/zh_hk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/zh_hk\/wp-json\/wp\/v2\/comments?post=9004"}],"version-history":[{"count":1,"href":"https:\/\/www.mdwcc.com\/zh_hk\/wp-json\/wp\/v2\/posts\/9004\/revisions"}],"predecessor-version":[{"id":9010,"href":"https:\/\/www.mdwcc.com\/zh_hk\/wp-json\/wp\/v2\/posts\/9004\/revisions\/9010"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/zh_hk\/wp-json\/wp\/v2\/media\/9005"}],"wp:attachment":[{"href":"https:\/\/www.mdwcc.com\/zh_hk\/wp-json\/wp\/v2\/media?parent=9004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mdwcc.com\/zh_hk\/wp-json\/wp\/v2\/categories?post=9004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mdwcc.com\/zh_hk\/wp-json\/wp\/v2\/tags?post=9004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}