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Macroeconomics\u4e9a\u6d32\u4e13\u5bb6Kelvin Lam\u6355\u6349\u5230\u4e86\u5e02\u573a\u7684\u7126\u8651\uff1a\u201c\u53ea\u8981\u4f60\u4e0d\u8bf4\u660e\u5c06\u5982\u4f55\u4e3a\u652f\u51fa\u878d\u8d44\uff0c\u4f60\u5c31\u6b63\u671d\u7740\u7279\u62c9\u65af\u65f6\u523b\u8fc8\u8fdb\u3002\u201d\u2014\u2014\u5c06\u4e4b\u6bd4\u4f5c\u90a3\u4f4d\u56e0450\u4ebf<a href='https:\/\/quote.fx678.com\/symbol\/GBPUSD' target='_blank' rel=\"noopener\">\u82f1\u9551<\/a>\u65e0\u8d44\u91d1\u652f\u6301\u7684\u51cf\u7a0e\u8ba1\u5212\u800c\u5f15\u53d1\u503a\u5238\u5e02\u573a\u5d29\u76d8\u7684\u82f1\u56fd\u524d\u9996\u76f8\uff0c\u8fd9\u4e00\u7c7b\u6bd4\u5728\u9ad8\u5e02\u81ea\u5df1\u7684\u515a\u5185\u5e76\u672a\u88ab\u5ffd\u89c6\uff0c\u9ad8\u7ea7\u6210\u5458\u79c1\u4e0b\u8868\u8fbe\u4e86\u201c\u6295\u8d44\u8ba1\u5212\u53ef\u80fd\u5f15\u7206\u7ecf\u6d4e\u201d\u7684\u62c5\u5fe7\u3002<\/p>\n<h2>\u653f\u5e9c\u7684\u7d27\u6025\u8865\u6551<\/h2>\n<p>\u5f53\u5c40\u7d27\u6025\u5c55\u5f00\u635f\u5bb3\u63a7\u5236\u3002\u57287\u670815\u65e5\u7684\u515a\u9b41\u8fa9\u8bba\u4e2d\uff0c\u9ad8\u5e02\u88ab\u56fd\u6c11\u6c11\u4e3b\u515a\u4ee3\u8868\u7389\u6728\u96c4\u4e00\u90ce\u903c\u5165\u5b88\u52bf\uff0c\u540e\u8005\u8d28\u7591\u653f\u5e9c\u7684\u8d22\u653f\u9c81\u83bd\u662f\u5426\u5f15\u53d1\u4e86\u5e02\u573a\u51b2\u51fb\u3002\u9996\u76f8\u907f\u800c\u4e0d\u7b54\uff0c\u575a\u79f0\u201c\u6c47\u7387\u548c\u5229\u7387\u53d7\u591a\u79cd\u56e0\u7d20\u9a71\u52a8\u201d\uff0c\u4e14\u4e00\u4efd\u672a\u7ecf\u6279\u51c6\u7684\u8349\u6848\u4e0d\u53ef\u80fd\u9020\u6210\u5982\u6b64\u52a8\u8361\u3002<\/p>\n<p>\u52307\u670821\u65e5\u5185\u9601\u6b63\u5f0f\u6279\u51c6\u5b9a\u7a3f\u7248\u84dd\u56fe\u65f6\uff0c\u76f8\u5173\u63aa\u8f9e\u5df2\u88ab\u4fee\u8ba2\u4e3a\u660e\u786e\u786e\u8ba4\u201c\u8d27\u5e01\u653f\u7b56\u7684\u5177\u4f53\u65b9\u6cd5\u7531\u65e5\u672c\u592e\u884c\u51b3\u5b9a\u201d\uff0c\u4f9d\u636e\u300a\u65e5\u672c\u94f6\u884c\u6cd5\u300b\u7b2c\u4e09\u6761\u3002\u6587\u4ef6\u8fdb\u4e00\u6b65\u89c4\u5b9a\uff0c\u8d27\u5e01\u653f\u7b56\u5e94\u201c\u6709\u52a9\u4e8e\u5b9e\u73b0\u7a33\u5b9a\u901a\u80c0\u201d\u2014\u2014\u8fd9\u4e00\u8868\u8ff0\u610f\u5728\u5411\u5e02\u573a\u4fdd\u8bc1\uff0c\u653f\u5e9c\u5e76\u672a\u5bfb\u6c42\u5c06\u592e\u884c\u7f6e\u4e8e\u5176\u589e\u957f\u8bae\u7a0b\u4e4b\u4e0b\u3002<\/p>\n<p>\u7136\u800c\uff0c\u5b9e\u8d28\u6027\u7684\u652f\u51fa\u627f\u8bfa\u672a\u4f5c\u6539\u53d8\uff0c\u800c\u878d\u8d44\u65b9\u5f0f\u2014\u2014\u901a\u8fc7\u589e\u7a0e\u3001\u652f\u51fa\u91cd\u65b0\u5206\u914d\u8fd8\u662f\u8fdb\u4e00\u6b65\u4e3e\u503a\u2014\u2014\u4ecd\u7136\u5f15\u4eba\u6ce8\u76ee\u5730\u60ac\u800c\u672a\u51b3\u3002<\/p>\n<h2>\u7f8e\u56fd\u8d22\u653f\u90e8\u7684\u5e72\u9884\u4e0e\u65e5\u5143\u8d2c\u503c\u7684\u8b66\u793a<\/h2>\n<p>\u63a5\u4e0b\u6765\u7684\u51e0\u5929\u91cc\uff0c\u4e00\u8fde\u4e32\u6570\u636e\u548c\u5916\u4ea4\u4fe1\u53f7\u51f8\u663e\u4e86\u65e5\u672c\u56f0\u5883\u7684\u6df1\u5ea6\u30027\u670823\u65e5\uff0c\u7f8e\u56fd\u8d22\u653f\u90e8\u53d1\u5e03\u534a\u5e74\u5ea6\u6c47\u7387\u62a5\u544a\uff0c\u8ba4\u5b9a\u65e5\u5143\u57282011\u5e74\u5e95\u81f32026\u5e744\u6708\u5e95\u671f\u95f4\u5b9e\u9645\u6709\u6548\u6c47\u7387\u8d2c\u503c51%\uff0c\u5bfc\u81f4\u201c\u65e5\u5143\u5927\u5e45\u4f4e\u4f30\u201d\u3002<\/p>\n<p>\u62a5\u544a\u8b66\u544a\u8d27\u5e01\u8fc7\u5ea6\u6ce2\u52a8\u201c\u4e0d\u53ef\u53d6\u201d\uff0c\u5e76\u660e\u786e\u547c\u5401\u65e5\u672c\u592e\u884c\u8fdb\u4e00\u6b65\u52a0\u606f\uff0c\u8ba4\u4e3a\u201c\u8d27\u5e01\u653f\u7b56\u6b63\u5e38\u5316\u5c06\u6709\u52a9\u4e8e\u951a\u5b9a\u901a\u80c0\u9884\u671f\u5e76\u51cf\u5c11\u6c47\u7387\u8fc7\u5ea6\u6ce2\u52a8\u201d\u3002<\/p>\n<p>\u65e5\u5143\u6b64\u524d\u5df2\u8dcc\u7834163\u51511\u7f8e\u5143\uff0c\u4e3a40\u5e74\u4f4e\u70b9\uff0c\u65e5\u672c\u5f53\u5c40\u5df2\u5a01\u80c1\u5728\u6ce2\u52a8\u8fc7\u5ea6\u65f6\u5c06\u8fdb\u884c\u5e72\u9884\u3002\u7f8e\u56fd\u8d22\u653f\u90e8\u6b64\u6b21\u4ecb\u5165\u65f6\u673a\u8010\u4eba\u5bfb\u5473\u2014\u2014\u6b63\u503c\u9ad8\u5e02\u51c6\u5907\u524d\u5f80\u534e\u76db\u987f\u4e0e\u7279\u6717\u666e\u4e3e\u884c\u767d\u5bab\u4f1a\u6664\uff0c\u800c\u540e\u8005\u5bf9\u65e5\u672c\u7684\u4e3b\u8981\u4e0d\u6ee1\u2014\u2014\u53cc\u8fb9\u8d38\u6613\u9006\u5dee\u89c4\u6a21\u548c\u65e5\u5143\u4f4e\u4f30\u2014\u2014\u6070\u6070\u662f\u62a5\u544a\u6240\u5f3a\u8c03\u7684\u95ee\u9898\u3002<\/p>\n<h2>\u901a\u80c0\u6570\u636e\u80cc\u540e\u7684\u9690\u6027\u538b\u529b<\/h2>\n<p>\u4e0e\u6b64\u540c\u65f6\uff0c\u65e5\u672c6\u6708\u901a\u80c0\u6570\u636e\u63cf\u7ed8\u4e86\u4e00\u5e45\u5728\u5e73\u9759\u8868\u9762\u4e0b\u7d2f\u79ef\u538b\u529b\u7684\u56fe\u666f\u3002\u5254\u9664\u751f\u9c9c\u98df\u54c1\u7684\u6838\u5fc3\u6d88\u8d39\u8005\u4ef7\u683c\u540c\u6bd4\u4e0a\u6da81.6%\uff0c\u8fde\u7eed\u7b2c\u4e94\u4e2a\u6708\u4f4e\u4e8e\u592e\u884c2%\u7684\u76ee\u6807\u3002\u98df\u54c1\u901a\u80c0\u56e0\u7c73\u4ef7\u4e0b\u8dcc\u800c\u653e\u7f13\uff0c\u670d\u52a1\u901a\u80c0\u964d\u81f31.2%\u3002\u7136\u800c\uff0c\u751f\u4ea7\u8005\u4ef7\u683c\u6307\u6570\u57286\u6708\u98d9\u53477.1%\uff0c\u4e3a\u4e09\u5e74\u591a\u6765\u6700\u5feb\u589e\u901f\uff0c\u53d7\u4e2d\u4e1c\u51b2\u7a81\u548c\u65e5\u5143\u75b2\u8f6f\u5e26\u6765\u7684\u71c3\u6599\u53ca\u8fdb\u53e3\u6210\u672c\u4e0a\u6da8\u63a8\u52a8\u3002<\/p>\n<p>Capital Economics\u3001Moodys Analytics\u548c\u91ce\u6751\u8bc1\u5238\u7684\u5206\u6790\u5e08\u8fbe\u6210\u5171\u8bc6\uff1a\u5f53\u524d\u6d88\u8d39\u8005\u4ef7\u683c\u7684\u75b2\u8f6f\u662f\u6682\u65f6\u7684\uff0c\u662f\u653f\u5e9c\u8865\u8d34\u548c\u57fa\u6570\u6548\u5e94\u7684\u4ea7\u7269\uff0c\u6f5c\u5728\u901a\u80c0\u53ef\u80fd\u57282026\u5e74\u7b2c\u56db\u5b63\u5ea6\u968f\u7740\u6279\u53d1\u6210\u672c\u538b\u529b\u5411\u5bb6\u5ead\u4f20\u5bfc\u800c\u56de\u5347\u81f32%\u4ee5\u4e0a\u3002<\/p>\n<p>Haver Analytics\u7684Robert 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