{"id":650891,"date":"2026-07-15T22:52:28","date_gmt":"2026-07-16T05:52:28","guid":{"rendered":"https:\/\/nai500.com\/?p=650891"},"modified":"2026-07-15T22:52:28","modified_gmt":"2026-07-16T05:52:28","slug":"natixis-%e9%a6%96%e5%b8%ad-%e7%b6%93%e6%bf%9f-%e5%ad%b8%e5%ae%b6-2026%e5%b9%b4-%e7%be%8e%e8%81%af%e5%84%b2-%e4%b8%8d%e6%9c%83-%e5%8a%a0%e6%81%af-%e5%85%a8%e7%90%83-%e5%a4%ae%e8%a1%8c-%e8%bd%89","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2026\/07\/natixis-%e9%a6%96%e5%b8%ad-%e7%b6%93%e6%bf%9f-%e5%ad%b8%e5%ae%b6-2026%e5%b9%b4-%e7%be%8e%e8%81%af%e5%84%b2-%e4%b8%8d%e6%9c%83-%e5%8a%a0%e6%81%af-%e5%85%a8%e7%90%83-%e5%a4%ae%e8%a1%8c-%e8%bd%89\/","title":{"rendered":"Natixis\u9996\u5e2d\u7d93\u6fdf\u5b78\u5bb6\uff1a2026\u5e74\u7f8e\u806f\u5132\u4e0d\u6703\u52a0\u606f\uff0c\u7f8e\u570b\u653f\u7b56\u63a8\u52d5\u5168\u7403\u592e\u884c\u8f49\u5411\u9ec3\u91d1"},"content":{"rendered":"<p>Natixis\u7f8e\u570b\u9996\u5e2d\u7d93\u6fdf\u5b78\u5bb6Christopher Hodge\u8fd1\u65e5\u5728\u63a5\u53d7\u91c7\u8a2a\u6642\u8868\u793a\uff0c\u901a\u8139\u5c07\u662f\u7f8e\u806f\u5132\u57282026\u5e74\u5269\u9918\u6642\u9593\u88cf\u7684\u9996\u8981\u95dc\u6ce8\u76ee\u6a19\uff0c\u4f46\u9019\u4e26\u4e0d\u610f\u5473\u8457\u8ca8\u5e63\u653f\u7b56\u6703\u6709\u6240\u884c\u52d5\u3002\u4ed6\u9810\u8a08\u7f8e\u806f\u5132\u5c07\u5728\u6574\u500b2026\u5e74\u7dad\u6301\u5229\u7387\u4e0d\u8b8a\uff0c\u800c\u65b0\u4efb\u4e3b\u5e2d\u51f1\u6587\u00b7\u6c83\u4ec0\u904e\u65bc\u9df9\u6d3e\u7684\u958b\u5834\u8868\u614b\uff0c\u53ef\u80fd\u5df2\u70ba\u81ea\u5df1\u5236\u9020\u4e86\u653f\u7b56\u56f0\u5883\u3002<\/p>\n<p>Hodge\u66fe\u4efb\u7d10\u7d04\u806f\u5132\u9996\u5e2d\u7d93\u6fdf\u5b78\u5bb6\u53ca\u7f8e\u570b\u8ca1\u653f\u90e8\u6b50\u6d32\u8207\u6b50\u4e9e\u4e8b\u52d9\u526f\u4e3b\u4efb\u3002\u4ed6\u6307\u51fa\uff0c\u7f8e\u806f\u5132\u7576\u524d\u7684\u653f\u7b56\u53cd\u61c9\u660e\u986f\u5411\u7269\u50f9\u7a69\u5b9a\u50be\u659c\uff0c\u539f\u56e0\u5728\u65bc\u7f8e\u570b\u5df2\u8d85\u904e\u4e94\u5e74\u672a\u80fd\u9054\u62102%\u7684\u901a\u8139\u76ee\u6a19\uff0c\u800c\u904e\u53bb\u5169\u5e74\u9593\u95dc\u7a05\u8207\u80fd\u6e90\u6c96\u64ca\u6301\u7e8c\u63a8\u5347\u7269\u50f9\u3002Natixis\u8a8d\u70ba\u7f8e\u806f\u5132\u6700\u512a\u9078\u64c7\u662f\u5ef6\u9577\u89c0\u671b\u671f\uff0c\u7b49\u5f85\u5916\u90e8\u50f9\u683c\u58d3\u529b\u5411\u6838\u5fc3\u901a\u8139\u7684\u50b3\u5c0e\u8def\u5f91\u9032\u4e00\u6b65\u660e\u6670\u3002<\/p>\n<p><strong><b>\u6c83\u4ec0\u9df9\u6d3e\u7acb\u5834\u6697\u85cf\u4fe1\u8b7d\u9677\u9631<\/b><\/strong><\/p>\n<p>\u8ac7\u53ca\u65b0\u4efb\u4e3b\u5e2d\u6c83\u4ec0\u5c0d\u524d\u77bb\u6307\u5f15\u7684\u6452\u68c4\u53ca\u62d2\u7d55\u53c3\u8207\u9ede\u9663\u5716\u7684\u505a\u6cd5\uff0cHodge\u8a8d\u70ba\u5728\u7576\u4e0b\u9ad8\u5ea6\u4e0d\u78ba\u5b9a\u7684\u74b0\u5883\u4e2d\uff0c\u6b64\u8209\u5177\u6709\u5408\u7406\u6027\u3002\u7136\u800c\u4ed6\u540c\u6642\u8b66\u544a\uff0c\u6c83\u4ec0\u4e0a\u4efb\u9996\u6b21\u6703\u8b70\u5373\u4ee5\u6975\u5f37\u786c\u63aa\u8fad\u5f37\u8abf\u6297\u901a\u8139\u6c7a\u5fc3\uff0c\u9019\u53ef\u80fd\u58d3\u7e2e\u4e86\u672a\u4f86\u7684\u653f\u7b56\u5f48\u6027\u3002\u82e5\u5f8c\u7e8c\u901a\u8139\u6578\u64da\u6301\u7e8c\u8d70\u9ad8\uff0c\u5e02\u5834\u5c07\u64da\u6b64\u65bd\u58d3\u7f8e\u806f\u5132\u843d\u5730\u52a0\u606f\uff0c\u4f7f\u5176\u9677\u5165\u88ab\u52d5\u7684\u201c\u4fe1\u8b7d\u9677\u9631\u201d\u3002<\/p>\n<p>\u5916\u754c\u6709\u89c0\u9ede\u8a8d\u70ba\u6c83\u4ec0\u523b\u610f\u91cb\u653e\u9df9\u6d3e\u4fe1\u865f\u4ee5\u5411\u7e3d\u7d71\u7279\u6717\u666e\u5c55\u793a\u7368\u7acb\u6027\uff0c\u4f46Hodge\u5206\u6790\u6307\u51fa\uff0c\u6c83\u4ec0\u8077\u696d\u751f\u6daf\u6574\u9ad4\u7acb\u5834\u9577\u671f\u504f\u9df9\uff0c\u50c5\u5169\u6b21\u89d2\u9010\u7f8e\u806f\u5132\u4e3b\u5e2d\u63d0\u540d\u6642\u77ed\u66ab\u6d41\u9732\u6eab\u548c\u89c0\u9ede\uff0c\u7576\u524d\u8868\u614b\u66f4\u591a\u662f\u201c\u56de\u6b78\u5747\u503c\u201d\u3002\u800c\u5f9e6\u6708FOMC\u6703\u8b70\u4ee5\u4f86\uff0c\u6838\u5fc3PCE\u512a\u65bc\u9810\u671f\u3001\u6cb9\u50f9\u56de\u843d\u3001\u6838\u5fc3GDP\u4e0b\u4fee\u3001\u975e\u8fb2\u5c31\u696d\u5927\u5e45\u5f31\u65bc\u9810\u671f\uff0c\u5747\u4e0d\u652f\u63017\u6708\u52a0\u606f\u2014\u2014Hodge\u76f4\u8a00\uff1a\u201c\u5982\u679c6\u6708\u6c92\u6709\u52d5\u624b\uff0c7\u6708\u52a0\u606f\u4e26\u4e0d\u5728\u8a2d\u60f3\u4e4b\u4e2d\u3002\u201d<\/p>\n<p><strong><b>\u7f8e\u570b\u653f\u7b56\u4e0d\u78ba\u5b9a\u6027\u9a45\u52d5\u5168\u7403\u592e\u884c\u589e\u6301\u9ec3\u91d1<\/b><\/strong><\/p>\n<p>\u5728\u5168\u7403\u592e\u884c\u5132\u5099\u914d\u7f6e\u5c64\u9762\uff0cHodge\u6307\u51fa\uff0c2022\u5e74\u4fc4\u70cf\u6c96\u7a81\u662f\u5404\u570b\u52a0\u901f\u201c\u53bb\u7f8e\u5143\u5316\u201d\u7684\u50ac\u5316\u5291\uff0c\u4f46\u771f\u6b63\u63a8\u52d5\u9019\u4e00\u8da8\u52e2\u6301\u7e8c\u767c\u9175\u7684\uff0c\u662f\u7f8e\u570b\u81ea\u8eab\u7684\u653f\u7b56\u53cd\u8907\u2014\u2014\u5c24\u5176\u662f\u8cbf\u6613\u8207\u5236\u88c1\u653f\u7b56\u3002\u5404\u570b\u592e\u884c\u4e26\u672a\u5927\u898f\u6a21\u62cb\u552e\u7f8e\u5143\u8cc7\u7522\uff0c\u66f4\u5e38\u898b\u7684\u505a\u6cd5\u662f\u4e0d\u518d\u7e8c\u4f5c\u7f8e\u5143\u982d\u5bf8\u6295\u8cc7\uff0c\u985e\u4f3c\u4e00\u7a2e\u201c\u5b89\u975c\u9000\u51fa\u201d\u3002<\/p>\n<p>\u76e1\u7ba1\u7f8e\u570b\u79c1\u71df\u90e8\u9580\u4ecd\u662f\u5168\u7403\u6700\u5177\u6d3b\u529b\u3001\u9748\u6d3b\u6027\u548c\u5275\u65b0\u529b\u7684\u9ad4\u7cfb\uff0c\u70ba\u7f8e\u5143\u63d0\u4f9b\u5e95\u5c64\u652f\u6490\uff0c\u4f46\u4e3b\u6b0a\u5132\u5099\u5c64\u9762\u5c0d\u7f8e\u5143\u7684\u914d\u7f6e\u610f\u9858\u5df2\u660e\u986f\u8d70\u5f31\u3002\u9ec3\u91d1\u4f5c\u70ba\u7121\u4e3b\u6b0a\u98a8\u96aa\u7684\u5132\u5099\u8cc7\u7522\uff0c\u5176\u9577\u671f\u8cfc\u9700\u5177\u5099\u5805\u5be6\u652f\u6490\uff0c\u5728\u5168\u7403\u5b98\u65b9\u5132\u5099\u4e2d\u7684\u5730\u4f4d\u6b63\u6301\u7e8c\u63d0\u5347\u3002<\/p>\n<p><strong><b>\u7d50\u8a9e<\/b><\/strong><\/p>\n<p>\u7d9c\u5408\u4f86\u770b\uff0c\u7f8e\u570b\u5167\u751f\u901a\u8139\u58d3\u529b\u6eab\u548c\uff0c\u5916\u90e8\u80fd\u6e90\u64fe\u52d5\u5b58\u5728\u968e\u6bb5\u6027\u7279\u5f81\uff0cNatixis\u9810\u8a08\u7f8e\u806f\u51322026\u5e74\u5168\u5e74\u5927\u6982\u7387\u6309\u5175\u4e0d\u52d5\u3002\u7136\u800c\uff0c\u6c83\u4ec0\u4ee5\u5f37\u786c\u9df9\u6d3e\u7acb\u5834\u958b\u5834\u3001\u540c\u6642\u5f31\u5316\u524d\u77bb\u6307\u5f15\u6e9d\u901a\u6846\u67b6\u7684\u7b56\u7565\uff0c\u96d6\u8cbc\u5408\u7576\u4e0b\u7d93\u6fdf\u73fe\u72c0\uff0c\u537b\u4e5f\u70ba\u5176\u81ea\u8eab\u9810\u7559\u653f\u7b56\u7a7a\u9593\u5236\u9020\u4e86\u7d04\u675f\u3002\u5728\u5927\u6d0b\u5f7c\u5cb8\uff0c\u7f8e\u570b\u653f\u7b56\u7684\u4e0d\u53ef\u9810\u6e2c\u6027\u6b63\u6301\u7e8c\u524a\u5f31\u7f8e\u5143\u5728\u5b98\u65b9\u5132\u5099\u4e2d\u7684\u5438\u5f15\u529b\uff0c\u9ec3\u91d1\u4f5c\u70ba\u591a\u5143\u5316\u914d\u7f6e\u7684\u6838\u5fc3\u9078\u9805\uff0c\u5176\u9577\u671f\u914d\u7f6e\u908f\u8f2f\u6b63\u6108\u767c\u5805\u5be6\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Natixis\u7f8e\u570b\u9996\u5e2d\u7d93\u6fdf\u5b78\u5bb6Christopher Hodge\u8fd1\u65e5\u5728\u63a5\u53d7\u91c7\u8a2a\u6642\u8868\u793a\uff0c\u901a\u8139\u5c07\u662f\u7f8e\u806f\u5132\u57282026 [&hellip;]<\/p>\n","protected":false},"author":31,"featured_media":551893,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[426,2197],"tags":[2589,2165,2162,561],"class_list":["post-650891","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hant","category-2197","tag-precious-metals","tag--zh-hant","tag-2162","tag-561","sectors-gold-zh-hant","locations-us-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/650891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=650891"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/650891\/revisions"}],"predecessor-version":[{"id":650894,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/650891\/revisions\/650894"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/551893"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=650891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=650891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=650891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}