Sau nhi\u1ec1u th\u00e1ng \u0111\u1ed3n \u0111o\u00e1n, C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang cu\u1ed1i c\u00f9ng \u0111\u00e3 h\u00e0nh \u0111\u1ed9ng, c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t 25 \u0111i\u1ec3m c\u01a1 b\u1ea3n v\u00e0 h\u1ea1 bi\u00ean \u0111\u1ed9 m\u1ee5c ti\u00eau xu\u1ed1ng c\u00f2n 4,00\u20134,25%. Th\u1ecb tr\u01b0\u1eddng \u0111\u00e3 t\u00ednh \u0111\u1ebfn kh\u1ea3 n\u0103ng n\u00e0y, nh\u01b0ng ph\u1ea3n \u1ee9ng v\u1eabn kh\u00e1 d\u00e8 d\u1eb7t, kh\u00f4ng c\u00f2n l\u00e0 m\u1ed9t kho\u1ea3nh kh\u1eafc h\u01b0ng ph\u1ea5n m\u00e0 l\u00e0 m\u1ed9t s\u1ef1 \u0111i\u1ec1u ch\u1ec9nh th\u1eadn tr\u1ecdng.<\/p>\n
T\u1ea1i sao ph\u1ea3i c\u1eaft gi\u1ea3m?<\/strong><\/p>\n Th\u1ecb tr\u01b0\u1eddng lao \u0111\u1ed9ng \u0111ang cho th\u1ea5y nh\u1eefng d\u1ea5u hi\u1ec7u suy y\u1ebfu, l\u1ea1m ph\u00e1t v\u1eabn cao h\u01a1n m\u1ee5c ti\u00eau, v\u00e0 Powell cho r\u1eb1ng quy\u1ebft \u0111\u1ecbnh n\u00e0y mang t\u00ednh ph\u00f2ng ng\u1eeba h\u01a1n l\u00e0 m\u1ed9t s\u1ef1 thay \u0111\u1ed5i c\u01a1 b\u1ea3n v\u1ec1 \u0111\u1ecbnh h\u01b0\u1edbng. Theo \u00f4ng, \u0111\u00e2y l\u00e0 v\u1ea5n \u0111\u1ec1 "qu\u1ea3n l\u00fd r\u1ee7i ro", m\u1ed9t \u0111\u1ed9ng th\u00e1i ph\u00f2ng th\u1ee7 \u0111\u1ec3 duy tr\u00ec t\u00ednh linh ho\u1ea1t, ch\u1ee9 kh\u00f4ng ph\u1ea3i l\u00e0 m\u1ed9t s\u1ef1 thay \u0111\u1ed5i chi\u1ebfn l\u01b0\u1ee3c t\u00e1o b\u1ea1o.<\/p>\n Ph\u1ea3n \u1ee9ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng \u2013 Nhi\u1ec1u s\u1ef1 m\u01a1 h\u1ed3 h\u01a1n l\u00e0 s\u1ef1 nhi\u1ec7t t\u00ecnh<\/strong><\/p>\n \u2022 C\u1ed5 phi\u1ebfu: Nh\u1eefng n\u1ed7 l\u1ef1c ban \u0111\u1ea7u nh\u1eb1m ph\u1ee5c h\u1ed3i nhanh ch\u00f3ng tan bi\u1ebfn. S&P t\u0103ng nh\u1eb9 tr\u01b0\u1edbc khi gi\u1ea3m, m\u1ed9t \u0111\u1ed9ng th\u00e1i \u0111i\u1ec3n h\u00ecnh "mua tin \u0111\u1ed3n, b\u00e1n s\u1ef1 th\u1eadt".<\/p>\n \u2022 \u0110\u1ed3ng \u0111\u00f4 la: T\u0103ng gi\u00e1 khi c\u00e1c nh\u00e0 giao d\u1ecbch k\u1ebft lu\u1eadn r\u1eb1ng Fed s\u1ebd kh\u00f4ng b\u1eaft \u0111\u1ea7u m\u1ed9t chu k\u1ef3 n\u1edbi l\u1ecfng s\u00e2u.<\/p>\n \u2022 V\u00e0ng & D\u1ea7u: V\u00e0ng dao \u0111\u1ed9ng gi\u1eefa l\u1ee3i su\u1ea5t th\u1ea5p h\u01a1n v\u00e0 \u0111\u1ed3ng \u0111\u00f4 la m\u1ea1nh h\u01a1n tr\u01b0\u1edbc khi \u0111\u00f3ng c\u1eeda \u1edf m\u1ee9c y\u1ebfu h\u01a1n. D\u1ea7u gi\u1ea3m gi\u00e1 khi lo ng\u1ea1i v\u1ec1 t\u0103ng tr\u01b0\u1edfng t\u00e1i xu\u1ea5t hi\u1ec7n.<\/p>\n Suy ngh\u0129 cu\u1ed1i c\u00f9ng<\/strong><\/p>\n Vi\u1ec7c c\u1eaft gi\u1ea3m n\u00e0y kh\u00f4ng \u0111\u00e1nh d\u1ea5u s\u1ef1 kh\u1edfi \u0111\u1ea7u c\u1ee7a m\u1ed9t ch\u01b0\u01a1ng tr\u00ecnh n\u1edbi l\u1ecfng m\u1ea1nh m\u1ebd. Thay v\u00e0o \u0111\u00f3, n\u00f3 b\u00e1o hi\u1ec7u Fed \u0111ang t\u1ef1 t\u1ea1o cho m\u00ecnh kh\u00f4ng gian \u0111\u1ec3 th\u1edf, mua v\u00e0o c\u00e1c l\u1ef1a ch\u1ecdn trong khi \u0111\u00e1nh gi\u00e1 di\u1ec5n bi\u1ebfn d\u1eef li\u1ec7u kinh t\u1ebf. Ng\u01b0\u1eddi vay \u0111\u01b0\u1ee3c h\u01b0\u1edfng l\u1ee3i \u0111\u00f4i ch\u00fat, nh\u01b0ng c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u1eabn \u0111ang c\u00e2n nh\u1eafc li\u1ec7u \u0111\u00e2y ch\u1ec9 l\u00e0 m\u1ed9t \u0111\u1ee3t \u0111i\u1ec1u ch\u1ec9nh nh\u1ea5t th\u1eddi hay l\u00e0 b\u01b0\u1edbc m\u1edf \u0111\u1ea7u cho m\u1ed9t s\u1ef1 thay \u0111\u1ed5i l\u1edbn h\u01a1n.<\/p>\n T\u00f3m l\u1ea1i: Fed \u0111\u00e3 c\u00f3 \u0111\u1ed9ng th\u00e1i, nh\u01b0ng v\u1eabn ch\u01b0a c\u00f3 ni\u1ec1m tin ch\u1eafc ch\u1eafn. D\u1eef li\u1ec7u l\u1ea1m ph\u00e1t v\u00e0 lao \u0111\u1ed9ng trong v\u00e0i th\u00e1ng t\u1edbi s\u1ebd quy\u1ebft \u0111\u1ecbnh li\u1ec7u \u0111\u1ee3t c\u1eaft gi\u1ea3m n\u00e0y c\u00f3 ph\u1ea3i l\u00e0 kh\u1edfi \u0111\u1ea7u c\u1ee7a m\u1ed9t chu k\u1ef3 hay ch\u1ec9 l\u00e0 m\u1ed9t \u0111\u1ed9ng th\u00e1i mang t\u00ednh bi\u1ec3u t\u01b0\u1ee3ng.<\/p>\n D\u00f9 sao th\u00ec, h\u1eb9n g\u1eb7p l\u1ea1i c\u00e1c b\u1ea1n l\u1ea7n sau, h\u00e3y giao d\u1ecbch an to\u00e0n nh\u00e9!<\/p>\n B\u1edfi James Trescothick Tuy\u00ean b\u1ed1 mi\u1ec5n tr\u1eeb r\u1ee7i ro: Th\u00f4ng tin n\u00e0y ch\u1ec9 d\u00e0nh cho m\u1ee5c \u0111\u00edch gi\u00e1o d\u1ee5c v\u00e0 kh\u00f4ng c\u1ea5u th\u00e0nh l\u1eddi khuy\u00ean \u0111\u1ea7u t\u01b0. Th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh li\u00ean quan \u0111\u1ebfn r\u1ee7i ro v\u00e0 hi\u1ec7u su\u1ea5t trong qu\u00e1 kh\u1ee9 kh\u00f4ng ch\u1ec9 ra k\u1ebft qu\u1ea3 trong t\u01b0\u01a1ng lai. Lu\u00f4n t\u1ef1 nghi\u00ean c\u1ee9u v\u00e0 t\u00ecm ki\u1ebfm l\u1eddi khuy\u00ean chuy\u00ean nghi\u1ec7p tr\u01b0\u1edbc khi \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0.<\/p>","protected":false},"excerpt":{"rendered":" Sau nhi\u1ec1u th\u00e1ng \u0111\u1ed3n \u0111o\u00e1n, C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang cu\u1ed1i c\u00f9ng \u0111\u00e3 h\u00e0nh \u0111\u1ed9ng, c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t 25 \u0111i\u1ec3m c\u01a1 b\u1ea3n v\u00e0 \u0111\u01b0a ph\u1ea1m vi m\u1ee5c ti\u00eau xu\u1ed1ng c\u00f2n 4,00\u20134,25%. Th\u1ecb tr\u01b0\u1eddng \u0111\u00e3 ph\u1ea3n \u00e1nh kh\u1ea3 n\u0103ng n\u00e0y, nh\u01b0ng ph\u1ea3n \u1ee9ng v\u1eabn kh\u00e1 d\u00e8 d\u1eb7t, kh\u00f4ng c\u00f2n l\u00e0 m\u1ed9t kho\u1ea3nh kh\u1eafc h\u01b0ng ph\u1ea5n, m\u00e0 l\u00e0 m\u1ed9t s\u1ef1 \u0111i\u1ec1u ch\u1ec9nh th\u1eadn tr\u1ecdng. T\u1ea1i sao l\u1ea1i c\u1eaft gi\u1ea3m? Th\u1ecb tr\u01b0\u1eddng lao \u0111\u1ed9ng \u0111ang cho th\u1ea5y nh\u1eefng d\u1ea5u hi\u1ec7u m\u1ec7t m\u1ecfi, l\u1ea1m ph\u00e1t [\u2026]<\/p>","protected":false},"author":6,"featured_media":23900,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[29,38],"tags":[],"class_list":["post-23990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-analysis","category-market-analysis"],"acf":[],"yoast_head":"\n
\nTr\u01b0\u1edfng ph\u00f2ng Nghi\u00ean c\u1ee9u th\u1ecb tr\u01b0\u1eddng v\u00e0 Ph\u00e2n t\u00edch th\u1ecb tr\u01b0\u1eddng<\/p>\n