{"id":17549,"date":"2025-09-27T07:20:40","date_gmt":"2025-09-27T00:20:40","guid":{"rendered":"https:\/\/nopphatnguoi.vn\/blog\/hai-thanh-vien-fed-phan-doi-giu-nguyen-lai-suat\/"},"modified":"2025-09-27T07:20:42","modified_gmt":"2025-09-27T00:20:42","slug":"hai-thanh-vien-fed-phan-doi-giu-nguyen-lai-suat","status":"publish","type":"post","link":"https:\/\/nopphatnguoi.vn\/blog\/hai-thanh-vien-fed-phan-doi-giu-nguyen-lai-suat\/","title":{"rendered":"Hai th\u00e0nh vi\u00ean Fed ph\u1ea3n \u0111\u1ed1i gi\u1eef nguy\u00ean l\u00e3i su\u1ea5t"},"content":{"rendered":"<div>\n<p>Ng&agrave;y 01\/08, hai th&agrave;nh vi&ecirc;n quan tr&#7885;ng c&#7911;a C&#7909;c D&#7921; tr&#7919; Li&ecirc;n bang M&#7929; (Fed) &#273;&atilde; l&ecirc;n ti&#7871;ng v&#7873; quy&#7871;t &#273;&#7883;nh ph&#7843;n &#273;&#7889;i gi&#7919; nguy&ecirc;n l&atilde;i su&#7845;t. Th&#7889;ng &#273;&#7889;c Christopher Waller v&agrave; Th&#7889;ng &#273;&#7889;c Michelle Bowman cho r&#7857;ng Fed &#273;ang ph&#7841;m sai l&#7847;m khi tr&igrave; ho&atilde;n vi&#7879;c n&#7899;i l&#7887;ng ch&iacute;nh s&aacute;ch trong b&#7889;i c&#7843;nh th&#7883; tr&#432;&#7901;ng lao &#273;&#7897;ng &#273;ang &#273;&#7889;i m&#7863;t v&#7899;i nhi&#7873;u r&#7911;i ro.<\/p>\n<p>C&#7843; hai th&#7889;ng &#273;&#7889;c &#273;&#7873;u b&#7887; phi&#7871;u ph&#7843;n &#273;&#7889;i quy&#7871;t &#273;&#7883;nh gi&#7919; nguy&ecirc;n l&atilde;i su&#7845;t v&agrave; &#7911;ng h&#7897; vi&#7879;c c&#7855;t gi&#7843;m l&atilde;i su&#7845;t 0,25 &#273;i&#7875;m ph&#7847;n tr&#259;m. H&#7885; cho r&#7857;ng thu&#7871; quan ch&#7881; c&oacute; t&aacute;c &#273;&#7897;ng t&#7841;m th&#7901;i &#273;&#7871;n l&#7841;m ph&aacute;t v&agrave; vi&#7879;c gi&#7919; nguy&ecirc;n l&atilde;i su&#7845;t s&#7869; g&acirc;y r&#7911;i ro cho n&#7873;n kinh t&#7871;. Trong c&aacute;c tuy&ecirc;n b&#7889; ri&ecirc;ng bi&#7879;t, &ocirc;ng Waller v&agrave; b&agrave; Bowman &#273;&atilde; tr&igrave;nh b&agrave;y chi ti&#7871;t l&yacute; do b&#7887; phi&#7871;u ph&#7843;n &#273;&#7889;i. S&#7921; b&#7845;t &#273;&#7891;ng &yacute; ki&#7871;n n&agrave;y ph&#7843;n &aacute;nh m&#7897;t cu&#7897;c th&#7843;o lu&#7853;n l&agrave;nh m&#7841;nh v&agrave; s&ocirc;i n&#7893;i trong &#7910;y ban Th&#7883; tr&#432;&#7901;ng M&#7903; Li&ecirc;n bang (FOMC), &ocirc;ng Waller nh&#7853;n x&eacute;t.<\/p>\n<p>FOMC &#273;&atilde; b&#7887; phi&#7871;u gi&#7919; nguy&ecirc;n l&atilde;i su&#7845;t v&#7899;i t&#7927; l&#7879; 9-2. S&#7921; ki&#7879;n n&agrave;y x&#7843;y ra ngay tr&#432;&#7899;c khi B&#7897; Lao &#273;&#7897;ng c&ocirc;ng b&#7889; b&aacute;o c&aacute;o cho th&#7845;y s&#7889; vi&#7879;c l&agrave;m phi n&ocirc;ng nghi&#7879;p ch&#7881; t&#259;ng 73.000 trong th&aacute;ng 7, th&#7845;p h&#417;n k&#7923; v&#7885;ng. &Ocirc;ng Waller v&agrave; b&agrave; Bowman &#273;&#7873;u &#273;&#432;&#7907;c T&#7893;ng th&#7889;ng Donald Trump b&#7893; nhi&#7879;m v&agrave;o Fed. H&#7885; kh&ocirc;ng &#7911;ng h&#7897; vi&#7879;c c&#7855;t gi&#7843;m l&atilde;i su&#7845;t m&#7841;nh nh&#432; l&#7901;i k&ecirc;u g&#7885;i c&#7911;a &ocirc;ng Trump. Thay v&agrave;o &#273;&oacute;, h&#7885; &#273;&#7873; xu&#7845;t c&aacute;ch ti&#7871;p c&#7853;n th&#7853;n tr&#7885;ng h&#417;n &#8211; c&#7855;t gi&#7843;m t&#7889;i &#273;a 1,5 &#273;i&#7875;m ph&#7847;n tr&#259;m v&#7899;i t&#7889;c &#273;&#7897; ch&#7853;m.<\/p>\n<p>B&agrave; Bowman cho r&#7857;ng thu&#7871; quan ch&#7881; c&oacute; t&aacute;c &#273;&#7897;ng h&#7841;n ch&#7871; &#273;&#7871;n gi&aacute; c&#7843; v&agrave; n&#7871;u kh&ocirc;ng c&oacute; thu&#7871; quan, th&#432;&#7899;c &#273;o l&#7841;m ph&aacute;t ch&iacute;nh c&#7911;a Fed s&#7869; &#7903; d&#432;&#7899;i 2,5% v&agrave; g&#7847;n h&#417;n v&#7899;i m&#7909;c ti&ecirc;u 2% c&#7911;a Fed.  Th&ocirc;ng tin n&agrave;y &#273;&atilde; gi&uacute;p c&aacute;c nh&agrave; &#273;&#7847;u t&#432; &#273;&aacute;nh gi&aacute; cao kh&#7843; n&#259;ng Fed s&#7869; th&#7921;c hi&#7879;n c&aacute;c bi&#7879;n ph&aacute;p c&#7847;n thi&#7871;t &#273;&#7875; h&#7895; tr&#7907; n&#7873;n kinh t&#7871;.<\/p>\n<p>&Ocirc;ng Trump v&#7851;n ti&#7871;p t&#7909;c ch&#7881; tr&iacute;ch Fed v&igrave; kh&ocirc;ng c&#7855;t gi&#7843;m l&atilde;i su&#7845;t. &Ocirc;ng l&#7841;i m&#7897;t l&#7847;n n&#7919;a ch&#7881; tr&iacute;ch Fed, &#273;&#7863;c bi&#7879;t l&agrave; Ch&#7911; t&#7883;ch Jerome Powell, tr&ecirc;n trang m&#7841;ng x&atilde; h&#7897;i Truth Social v&agrave;o s&aacute;ng ng&agrave;y 01\/08.  C&aacute;c &#273;&#7897;ng th&aacute;i n&agrave;y c&#7911;a &ocirc;ng Trump &#273;&atilde; thu h&uacute;t s&#7921; ch&uacute; &yacute; c&#7911;a c&ocirc;ng ch&uacute;ng v&agrave; l&agrave;m d&#7845;y l&ecirc;n lo ng&#7841;i v&#7873; &aacute;p l&#7921;c ch&iacute;nh tr&#7883; l&ecirc;n quy&#7871;t &#273;&#7883;nh c&#7911;a Fed.<\/p>\n<p>Trong b&#7889;i c&#7843;nh th&#7883; tr&#432;&#7901;ng lao &#273;&#7897;ng &#273;ang &#273;&#7889;i m&#7863;t v&#7899;i nhi&#7873;u r&#7911;i ro, c&aacute;c nh&agrave; &#273;&#7847;u t&#432; &#273;ang ch&#7901; &#273;&#7907;i c&aacute;c &#273;&#7897;ng th&aacute;i ti&#7871;p theo c&#7911;a Fed. Li&#7879;u Fed c&oacute; th&#7921;c hi&#7879;n c&aacute;c bi&#7879;n ph&aacute;p c&#7847;n thi&#7871;t &#273;&#7875; h&#7895; tr&#7907; n&#7873;n kinh t&#7871; hay s&#7869; gi&#7919; nguy&ecirc;n l&atilde;i su&#7845;t trong th&#7901;i gian t&#7899;i? C&acirc;u tr&#7843; l&#7901;i s&#7869; &#273;&#432;&#7907;c h&eacute; l&#7897; trong c&aacute;c cu&#7897;c h&#7885;p ti&#7871;p theo c&#7911;a FOMC.  Th&ocirc;ng c&aacute;o b&aacute;o ch&iacute; c&#7911;a Fed  s&#7869; cung c&#7845;p th&ecirc;m th&ocirc;ng tin chi ti&#7871;t v&#7873; c&aacute;c quy&#7871;t &#273;&#7883;nh v&agrave; ch&iacute;nh s&aacute;ch c&#7911;a h&#7885; trong th&#7901;i gian t&#7899;i.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Th\u1ed1ng \u0111\u1ed1c Fed Christopher Waller v\u00e0 Michelle Bowman ph\u1ea3n \u0111\u1ed1i gi\u1eef nguy\u00ean l\u00e3i su\u1ea5t, k\u00eau g\u1ecdi gi\u1ea3m 0.25 \u0111i\u1ec3m ph\u1ea7n tr\u0103m, tr\u00edch d\u1eabn r\u1ee7i ro \u0111\u1ed1i v\u1edbi n\u1ec1n kinh t\u1ebf.<\/p>\n","protected":false},"author":1,"featured_media":17550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[3],"tags":[3068,3069,6552,94],"class_list":["post-17549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-thoi-su","tag-fed","tag-lai-suat","tag-nen-kinh-te","tag-tai-chinh"],"_links":{"self":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/posts\/17549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/comments?post=17549"}],"version-history":[{"count":0,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/posts\/17549\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/media\/17550"}],"wp:attachment":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/media?parent=17549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/categories?post=17549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/tags?post=17549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}