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\u591a\u4f4d\u7ecf\u6d4e\u5b66\u5bb6\u8ba4\u4e3a\uff0c\u80fd\u6e90\u4ef7\u683c\u4ecd\u662f\u672c\u8f6e\u901a\u80c0\u7684\u4e3b\u8981\u63a8\u52a8\u56e0\u7d20\u3002\u53d7\u4e2d\u4e1c\u5c40\u52bf\u7d27\u5f20\u4ee5\u53ca\u970d\u5c14\u6728\u5179\u6d77\u5ce1\u8fd0\u8f93\u53d7\u963b\u5f71\u54cd\uff0c\u56fd\u9645\u6cb9\u4ef7\u6301\u7eed\u9ad8\u4f4d\u8fd0\u884c\uff0c\u5e76\u8fdb\u4e00\u6b65\u4f20\u5bfc\u81f3\u6c7d\u6cb9\u3001\u822a\u7a7a\u8fd0\u8f93\u53ca\u516c\u7528\u4e8b\u4e1a\u7b49\u591a\u4e2a\u9886\u57df\u3002 \u7231\u5fb7\u534e\u00b7\u743c\u65af\uff08Edward Jones\uff09\u9ad8\u7ea7\u7ecf\u6d4e\u5b66\u5bb6\u9ea6\u80af\uff08James McCann\uff09\u8b66\u544a\u79f0\uff0c\u7531\u4e8e\u970d\u5c14\u6728\u5179\u6d77\u5ce1\u76ee\u524d\u5b9e\u9645\u4e0a\u4ecd\u5904\u4e8e\u53d7\u9650\u72b6\u6001\uff0c\u672a\u6765\u4ef7\u683c\u538b\u529b\u7ee7\u7eed\u4e0a\u5347\u7684\u98ce\u9669\u6b63\u5728\u589e\u52a0\u3002 \u65af\u5df4\u8fbe\u8d44\u672c\u8bc1\u5238\uff08Spartan Capital 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Bush\uff09\u6307\u51fa\uff0c4\u6708\u8ba1\u7b97\u673a\u8f6f\u4ef6\u53ca\u76f8\u5173\u914d\u4ef6\u4ef7\u683c\u73af\u6bd4\u4e0a\u6da85%\uff0c\u5bf9\u6838\u5fc3PCE\u6570\u636e\u5e26\u6765\u660e\u663e\u5f71\u54cd\u3002\u8fd9\u8868\u660e\uff0cAI\u5e26\u52a8\u7684\u8d44\u672c\u652f\u51fa\u6b63\u5728\u6539\u53d8\u90e8\u5206\u5546\u54c1\u548c\u670d\u52a1\u884c\u4e1a\u7684\u4ef7\u683c\u7ed3\u6784\u3002 \u65bd\u7f57\u5fb7\uff08Schroders\uff09\u9ad8\u7ea7\u7ecf\u6d4e\u5b66\u5bb6\u5e03\u6717\uff08George Brown\uff09\u8ba4\u4e3a\uff0c\u5e02\u573a\u5bf9\u4e8e2026\u5e74\u524d\u964d\u606f\u7684\u671f\u5f85\u5df2\u5927\u5e45\u964d\u6e29\uff0c\u76ee\u524d\u5916\u754c\u751a\u81f3\u5f00\u59cb\u8ba8\u8bba\uff0c\u7f8e\u8054\u50a8\u662f\u5426\u53ef\u80fd\u88ab\u8feb\u91cd\u65b0\u6536\u7d27\u653f\u7b56\u3002 \u76f8\u6bd4\u4e4b\u4e0b\uff0c\u9ad8\u76db\u8d44\u4ea7\u7ba1\u7406\uff08Goldman Sachs Asset Management\uff09\u6295\u8d44\u7b56\u7565\u5e08\u5384\u5df4\u8bfa\u7ef4\u5947\uff08Tim Urbanowicz\uff09\u6001\u5ea6\u76f8\u5bf9\u4e50\u89c2\u3002\u4ed6\u8ba4\u4e3a\uff0c\u5e02\u573a\u5df2\u7ecf\u57fa\u672c\u6d88\u5316\u4e86\u201c2026\u5e74\u540e\u518d\u964d\u606f\u201d\u7684\u9884\u671f\uff0c\u53ea\u898110\u5e74\u671f\u7f8e\u503a\u6536\u76ca\u7387\u7ef4\u6301\u57284.5%\u4ee5\u4e0b\uff0c\u7f8e\u80a1\u6574\u4f53\u4ecd\u5177\u5907\u4e00\u5b9a\u97e7\u6027\u3002 Annex\u8d22\u5bcc\u7ba1\u7406\u516c\u53f8\u9996\u5e2d\u7ecf\u6d4e\u5b66\u5bb6\u96c5\u5404\u5e03\u68ee\uff08Brian Jacobson\uff09\u5219\u6307\u51fa\uff0c\u7f8e\u56fd\u5f53\u524d\u7684\u901a\u80c0\u7ed3\u6784\uff0c\u6b63\u4ece\u6b64\u524d\u7684\u201c\u5173\u7a0e\u9a71\u52a8\u578b\u201d\u9010\u6e10\u8f6c\u5411\u201c\u77f3\u6cb9\u9a71\u52a8\u578b\u201d\uff0c\u8fd9\u610f\u5473\u7740\u672a\u6765\u8d27\u5e01\u653f\u7b56\u8c03\u63a7\u7684\u96be\u5ea6\u5c06\u8fdb\u4e00\u6b65\u589e\u52a0\u3002 \u6574\u4f53\u6765\u770b\uff0c4\u6708\u901a\u80c0\u62a5\u544a\u518d\u6b21\u663e\u793a\uff0c\u7f8e\u56fd\u7ecf\u6d4e\u4ecd\u5904\u4e8e\u201c\u7f13\u6162\u964d\u6e29\u201d\u7684\u590d\u6742\u9636\u6bb5\u3002\u5c3d\u7ba1\u9000\u7a0e\u4f18\u60e0\u548c\u4f01\u4e1a\u5229\u6da6\u589e\u957f\u4ecd\u4e3a\u7ecf\u6d4e\u63d0\u4f9b\u4e00\u5b9a\u652f\u6491\uff0c\u4f46\u5c1a\u4e0d\u8db3\u4ee5\u63a8\u52a8\u7f8e\u8054\u50a8\u5728\u77ed\u671f\u5185\u5f00\u542f\u5bbd\u677e\u5468\u671f\u3002\u5e02\u573a\u76ee\u524d\u666e\u904d\u9884\u8ba1\uff0c\u5728\u80fd\u6e90\u4ef7\u683c\u660e\u663e\u56de\u843d\u6216\u52b3\u52a8\u529b\u5e02\u573a\u51fa\u73b0\u5b9e\u8d28\u6027\u964d\u6e29\u4e4b\u524d\uff0c\u9ad8\u5229\u7387\u73af\u5883\u5f88\u53ef\u80fd\u6210\u4e3a2026\u5e74\u524d\u7f8e\u56fd\u7ecf\u6d4e\u548c\u91d1\u878d\u5e02\u573a\u7684\u201c\u65b0\u5e38\u6001\u201d\u3002 \u4fa8\u62a5 &nbsp; 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content=\"\u636e\u8def\u900f\u793e\u62a5\u9053\uff0c\u7f8e\u56fd\u52b3\u5de5\u90e85\u670812\u65e5\u516c\u5e03\u7684\u6700\u65b0\u6570\u636e\u663e\u793a\uff0c\u7f8e\u56fd4\u6708\u6d88\u8d39\u8005\u4ef7\u683c\u6307\u6570\uff08CPI\uff09\u8fde\u7eed\u7b2c\u4e8c\u4e2a\u6708\u660e\u663e\u4e0a\u6da8\uff0c\u5e76\u521b\u4e0b\u8fd1\u4e09\u5e74\u6765\u6700\u5927\u7684\u5e74\u5ea6\u6da8\u5e45\u3002\u8fd9\u4e00\u6570\u636e\u8fdb\u4e00\u6b65\u5f3a\u5316\u4e86\u5e02\u573a\u5bf9\u4e8e\u7f8e\u8054\u50a8\u5c06\u957f\u671f\u7ef4\u6301\u9ad8\u5229\u7387\u7684\u9884\u671f\uff0c\u5e74\u5185\u964d\u606f\u5e0c\u671b\u6b63\u5728\u51cf\u5f31\u3002 \u6570\u636e\u663e\u793a\uff0c4\u6708CPI\u73af\u6bd4\u4e0a\u6da80.6%\uff0c\u540c\u6bd4\u6da8\u5e45\u5219\u75313\u6708\u76843.3%\u5927\u5e45\u5347\u81f33.8%\uff0c\u4e0d\u4ec5\u521b\u4e0b\u81ea2023\u5e745\u6708\u4ee5\u6765\u7684\u65b0\u9ad8\uff0c\u4e5f\u7565\u9ad8\u4e8e\u5e02\u573a\u6b64\u524d\u9884\u671f\u76843.7%\u3002 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\u591a\u4f4d\u7ecf\u6d4e\u5b66\u5bb6\u8ba4\u4e3a\uff0c\u80fd\u6e90\u4ef7\u683c\u4ecd\u662f\u672c\u8f6e\u901a\u80c0\u7684\u4e3b\u8981\u63a8\u52a8\u56e0\u7d20\u3002\u53d7\u4e2d\u4e1c\u5c40\u52bf\u7d27\u5f20\u4ee5\u53ca\u970d\u5c14\u6728\u5179\u6d77\u5ce1\u8fd0\u8f93\u53d7\u963b\u5f71\u54cd\uff0c\u56fd\u9645\u6cb9\u4ef7\u6301\u7eed\u9ad8\u4f4d\u8fd0\u884c\uff0c\u5e76\u8fdb\u4e00\u6b65\u4f20\u5bfc\u81f3\u6c7d\u6cb9\u3001\u822a\u7a7a\u8fd0\u8f93\u53ca\u516c\u7528\u4e8b\u4e1a\u7b49\u591a\u4e2a\u9886\u57df\u3002 \u7231\u5fb7\u534e\u00b7\u743c\u65af\uff08Edward Jones\uff09\u9ad8\u7ea7\u7ecf\u6d4e\u5b66\u5bb6\u9ea6\u80af\uff08James McCann\uff09\u8b66\u544a\u79f0\uff0c\u7531\u4e8e\u970d\u5c14\u6728\u5179\u6d77\u5ce1\u76ee\u524d\u5b9e\u9645\u4e0a\u4ecd\u5904\u4e8e\u53d7\u9650\u72b6\u6001\uff0c\u672a\u6765\u4ef7\u683c\u538b\u529b\u7ee7\u7eed\u4e0a\u5347\u7684\u98ce\u9669\u6b63\u5728\u589e\u52a0\u3002 \u65af\u5df4\u8fbe\u8d44\u672c\u8bc1\u5238\uff08Spartan Capital Securities\uff09\u9996\u5e2d\u5e02\u573a\u7ecf\u6d4e\u5b66\u5bb6\u5361\u8fea\u7f57\uff08Peter Cardillo\uff09\u5219\u8868\u793a\uff0c\u53ea\u8981\u9ad8\u6cb9\u4ef7\u6301\u7eed\u5b58\u5728\uff0c\u901a\u80c0\u5411\u5176\u4ed6\u9886\u57df\u6269\u6563\u7684\u98ce\u9669\u5c31\u96be\u4ee5\u6d88\u9664\uff0c\u8fd9\u4e5f\u5c06\u6781\u5927\u9650\u5236\u65b0\u4efb\u7f8e\u8054\u50a8\u4e3b\u5e2d\u7684\u653f\u7b56\u64cd\u4f5c\u7a7a\u95f4\u3002 \u6b64\u5916\uff0c\u4eba\u5de5\u667a\u80fd\uff08AI\uff09\u6295\u8d44\u70ed\u6f6e\u4e5f\u6b63\u5728\u5bf9\u901a\u80c0\u7ed3\u6784\u4ea7\u751f\u610f\u5916\u5f71\u54cd\u3002\u53e4\u6839\u6d77\u59c6\u6295\u8d44\uff08Guggenheim Investments\uff09\u7ecf\u6d4e\u5b66\u5bb6\u5e03\u4ec0\uff08Matt Bush\uff09\u6307\u51fa\uff0c4\u6708\u8ba1\u7b97\u673a\u8f6f\u4ef6\u53ca\u76f8\u5173\u914d\u4ef6\u4ef7\u683c\u73af\u6bd4\u4e0a\u6da85%\uff0c\u5bf9\u6838\u5fc3PCE\u6570\u636e\u5e26\u6765\u660e\u663e\u5f71\u54cd\u3002\u8fd9\u8868\u660e\uff0cAI\u5e26\u52a8\u7684\u8d44\u672c\u652f\u51fa\u6b63\u5728\u6539\u53d8\u90e8\u5206\u5546\u54c1\u548c\u670d\u52a1\u884c\u4e1a\u7684\u4ef7\u683c\u7ed3\u6784\u3002 \u65bd\u7f57\u5fb7\uff08Schroders\uff09\u9ad8\u7ea7\u7ecf\u6d4e\u5b66\u5bb6\u5e03\u6717\uff08George Brown\uff09\u8ba4\u4e3a\uff0c\u5e02\u573a\u5bf9\u4e8e2026\u5e74\u524d\u964d\u606f\u7684\u671f\u5f85\u5df2\u5927\u5e45\u964d\u6e29\uff0c\u76ee\u524d\u5916\u754c\u751a\u81f3\u5f00\u59cb\u8ba8\u8bba\uff0c\u7f8e\u8054\u50a8\u662f\u5426\u53ef\u80fd\u88ab\u8feb\u91cd\u65b0\u6536\u7d27\u653f\u7b56\u3002 \u76f8\u6bd4\u4e4b\u4e0b\uff0c\u9ad8\u76db\u8d44\u4ea7\u7ba1\u7406\uff08Goldman Sachs Asset Management\uff09\u6295\u8d44\u7b56\u7565\u5e08\u5384\u5df4\u8bfa\u7ef4\u5947\uff08Tim 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