{"id":926,"date":"2024-09-27T01:49:21","date_gmt":"2024-09-27T01:49:21","guid":{"rendered":"https:\/\/economy.theblock101.com\/?p=926"},"modified":"2024-09-27T01:49:21","modified_gmt":"2024-09-27T01:49:21","slug":"cuoc-hop-cua-fed-la-gi","status":"publish","type":"post","link":"https:\/\/economy.theblock101.com\/?p=926","title":{"rendered":"Cu\u1ed9c h\u1ecdp c\u1ee7a FED l\u00e0 g\u00ec? T\u00e1c \u0111\u1ed9ng \u0111\u1ebfn n\u1ec1n kinh t\u1ebf v\u00e0 th\u1ecb tr\u01b0\u1eddng Crypto th\u1ebf n\u00e0o?"},"content":{"rendered":"\n<p>Cu\u1ed9c h\u1ecdp c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 (FED) lu\u00f4n l\u00e0 m\u1ed9t trong nh\u1eefng s\u1ef1 ki\u1ec7n kinh t\u1ebf \u0111\u01b0\u1ee3c theo d\u00f5i s\u00e1t sao nh\u1ea5t tr\u00ean to\u00e0n c\u1ea7u. C\u00e1c quy\u1ebft \u0111\u1ecbnh \u0111\u01b0\u1ee3c \u0111\u01b0a ra t\u1eeb nh\u1eefng cu\u1ed9c h\u1ecdp n\u00e0y kh\u00f4ng ch\u1ec9 t\u00e1c \u0111\u1ed9ng m\u1ea1nh \u0111\u1ebfn n\u1ec1n kinh t\u1ebf M\u1ef9 m\u00e0 c\u00f2n c\u00f3 \u1ea3nh h\u01b0\u1edfng s\u00e2u r\u1ed9ng \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh qu\u1ed1c t\u1ebf, bao g\u1ed3m c\u1ea3 th\u1ecb tr\u01b0\u1eddng ti\u1ec1n \u0111i\u1ec7n t\u1eed.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span style=\"font-size: 17pt; font-family: Arial, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; vertical-align: baseline;\"><\/span><strong>1. FED l\u00e0 g\u00ec?<\/strong><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/gettyimages-2164053810-1024x576.jpg\" alt=\"\" class=\"wp-image-933\" srcset=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/gettyimages-2164053810-1024x576.jpg 1024w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/gettyimages-2164053810-300x169.jpg 300w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/gettyimages-2164053810-768x432.jpg 768w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/gettyimages-2164053810.jpg 1480w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>Ch\u1ee7 t\u1ecbch Fed<\/em><\/figcaption><\/figure><\/div>\n\n\n<p><a href=\"https:\/\/theblock101.com\/fed-la-gi\" title=\"\"><strong>FED<\/strong> hay C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang Hoa K\u1ef3<\/a>, l\u00e0 ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng c\u1ee7a M\u1ef9, c\u00f3 nhi\u1ec7m v\u1ee5 ch\u00ednh l\u00e0 duy tr\u00ec \u1ed5n \u0111\u1ecbnh kinh t\u1ebf v\u00e0 t\u00e0i ch\u00ednh. Vi\u1ec7c hi\u1ec3u r\u00f5 v\u1ec1 FED gi\u00fap b\u1ea1n n\u1eafm b\u1eaft \u0111\u01b0\u1ee3c t\u1ea7m quan tr\u1ecdng c\u1ee7a c\u00e1c quy\u1ebft \u0111\u1ecbnh v\u00e0 ch\u00ednh s\u00e1ch m\u00e0 t\u1ed5 ch\u1ee9c n\u00e0y \u0111\u01b0a ra.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>1.1. Vai tr\u00f2 c\u1ee7a FED<\/strong><\/h3>\n\n\n\n<p>FED \u0111\u01b0\u1ee3c th\u00e0nh l\u1eadp v\u00e0o n\u0103m 1913 \u0111\u1ec3 cung c\u1ea5p m\u1ed9t h\u1ec7 th\u1ed1ng t\u00e0i ch\u00ednh v\u00e0 ti\u1ec1n t\u1ec7 \u1ed5n \u0111\u1ecbnh cho n\u01b0\u1edbc M\u1ef9. Vai tr\u00f2 c\u1ee7a FED bao g\u1ed3m:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u0110i\u1ec1u ti\u1ebft l\u01b0\u1ee3ng ti\u1ec1n l\u01b0u th\u00f4ng<\/strong>: FED ki\u1ec3m so\u00e1t l\u01b0\u1ee3ng ti\u1ec1n l\u01b0u th\u00f4ng trong n\u1ec1n kinh t\u1ebf b\u1eb1ng c\u00e1ch s\u1eed d\u1ee5ng c\u00e1c c\u00f4ng c\u1ee5 ti\u1ec1n t\u1ec7 nh\u01b0 l\u00e3i su\u1ea5t v\u00e0 nghi\u1ec7p v\u1ee5 th\u1ecb tr\u01b0\u1eddng m\u1edf.<\/li>\n\n\n\n<li><strong>Qu\u1ea3n l\u00fd l\u00e3i su\u1ea5t<\/strong>: B\u1eb1ng c\u00e1ch \u0111i\u1ec1u ch\u1ec9nh l\u00e3i su\u1ea5t c\u01a1 b\u1ea3n, FED c\u00f3 th\u1ec3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn chi ph\u00ed vay v\u1ed1n, \u0111\u1ea7u t\u01b0 v\u00e0 ti\u00eau d\u00f9ng, t\u1eeb \u0111\u00f3 \u0111i\u1ec1u ch\u1ec9nh t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf.<\/li>\n\n\n\n<li><strong>Cung c\u1ea5p d\u1ecbch v\u1ee5 t\u00e0i ch\u00ednh<\/strong>: FED cung c\u1ea5p c\u00e1c d\u1ecbch v\u1ee5 t\u00e0i ch\u00ednh cho ch\u00ednh ph\u1ee7 M\u1ef9 v\u00e0 c\u00e1c ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i, bao g\u1ed3m c\u00e1c d\u1ecbch v\u1ee5 thanh to\u00e1n v\u00e0 thanh to\u00e1n b\u00f9 tr\u1eeb.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>1.2. C\u00e1c ch\u1ee9c n\u0103ng ch\u00ednh c\u1ee7a FED<\/strong><\/h3>\n\n\n\n<p>FED c\u00f3 ba ch\u1ee9c n\u0103ng ch\u00ednh:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7<\/strong>: Quy \u0111\u1ecbnh v\u00e0 \u0111i\u1ec1u ch\u1ec9nh l\u00e3i su\u1ea5t, cung ti\u1ec1n, v\u00e0 c\u00e1c bi\u1ec7n ph\u00e1p kinh t\u1ebf kh\u00e1c nh\u1eb1m \u0111\u1ea3m b\u1ea3o \u1ed5n \u0111\u1ecbnh gi\u00e1 c\u1ea3 v\u00e0 t\u1ed1i \u0111a h\u00f3a vi\u1ec7c l\u00e0m.<\/li>\n\n\n\n<li><strong>Gi\u00e1m s\u00e1t v\u00e0 \u0111i\u1ec1u ch\u1ec9nh ng\u00e2n h\u00e0ng<\/strong>: \u0110\u1ea3m b\u1ea3o h\u1ec7 th\u1ed1ng ng\u00e2n h\u00e0ng M\u1ef9 ho\u1ea1t \u0111\u1ed9ng \u1ed5n \u0111\u1ecbnh v\u00e0 tu\u00e2n th\u1ee7 c\u00e1c quy \u0111\u1ecbnh ph\u00e1p lu\u1eadt.<\/li>\n\n\n\n<li><strong>Cung c\u1ea5p d\u1ecbch v\u1ee5 t\u00e0i ch\u00ednh<\/strong>: Cung c\u1ea5p c\u00e1c d\u1ecbch v\u1ee5 nh\u01b0 thanh to\u00e1n b\u00f9 tr\u1eeb v\u00e0 l\u01b0u k\u00fd ch\u1ee9ng kho\u00e1n, h\u1ed7 tr\u1ee3 thanh kho\u1ea3n cho c\u00e1c ng\u00e2n h\u00e0ng.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>2. Cu\u1ed9c h\u1ecdp c\u1ee7a FED l\u00e0 g\u00ec?<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/News-Story-Federal-Reserve-Preview-FINAL-2-d4a7d4079433481e8a6611db4f040ca2-1-1024x683.png\" alt=\"\" class=\"wp-image-932\" srcset=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/News-Story-Federal-Reserve-Preview-FINAL-2-d4a7d4079433481e8a6611db4f040ca2-1-1024x683.png 1024w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/News-Story-Federal-Reserve-Preview-FINAL-2-d4a7d4079433481e8a6611db4f040ca2-1-300x200.png 300w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/News-Story-Federal-Reserve-Preview-FINAL-2-d4a7d4079433481e8a6611db4f040ca2-1-768x512.png 768w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/News-Story-Federal-Reserve-Preview-FINAL-2-d4a7d4079433481e8a6611db4f040ca2-1-600x400.png 600w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/News-Story-Federal-Reserve-Preview-FINAL-2-d4a7d4079433481e8a6611db4f040ca2-1.png 1500w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Cu\u1ed9c h\u1ecdp c\u1ee7a FED l\u00e0 m\u1ed9t s\u1ef1 ki\u1ec7n kinh t\u1ebf quan tr\u1ecdng, n\u01a1i c\u00e1c quy\u1ebft \u0111\u1ecbnh v\u1ec1 ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 \u0111\u01b0\u1ee3c \u0111\u01b0a ra. \u0110\u00e2y l\u00e0 m\u1ed9t trong nh\u1eefng s\u1ef1 ki\u1ec7n \u0111\u01b0\u1ee3c mong \u0111\u1ee3i nh\u1ea5t trong n\u0103m b\u1edfi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0, chuy\u00ean gia kinh t\u1ebf v\u00e0 c\u00e1c nh\u00e0 ho\u1ea1ch \u0111\u1ecbnh ch\u00ednh s\u00e1ch.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2.1. M\u1ee5c ti\u00eau c\u1ee7a cu\u1ed9c h\u1ecdp FED<\/strong><\/h3>\n\n\n\n<p>M\u1ee5c ti\u00eau ch\u00ednh c\u1ee7a cu\u1ed9c h\u1ecdp c\u1ee7a FED l\u00e0:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Th\u1ea3o lu\u1eadn v\u00e0 quy\u1ebft \u0111\u1ecbnh ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7<\/strong>: Bao g\u1ed3m l\u00e3i su\u1ea5t, cung ti\u1ec1n v\u00e0 c\u00e1c bi\u1ec7n ph\u00e1p kinh t\u1ebf kh\u00e1c.<\/li>\n\n\n\n<li><strong>Duy tr\u00ec \u1ed5n \u0111\u1ecbnh gi\u00e1 c\u1ea3<\/strong>: Ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o s\u1ee9c mua c\u1ee7a \u0111\u1ed3ng ti\u1ec1n.<\/li>\n\n\n\n<li><strong>T\u1ed1i \u0111a h\u00f3a vi\u1ec7c l\u00e0m<\/strong>: Th\u00fac \u0111\u1ea9y c\u00e1c \u0111i\u1ec1u ki\u1ec7n kinh t\u1ebf thu\u1eadn l\u1ee3i cho vi\u1ec7c t\u1ea1o vi\u1ec7c l\u00e0m v\u00e0 t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf.<\/li>\n\n\n\n<li><strong>\u1ed4n \u0111\u1ecbnh l\u00e3i su\u1ea5t d\u00e0i h\u1ea1n<\/strong>: \u0110\u1ea3m b\u1ea3o m\u1ed9t m\u00f4i tr\u01b0\u1eddng kinh t\u1ebf \u1ed5n \u0111\u1ecbnh \u0111\u1ec3 h\u1ed7 tr\u1ee3 t\u0103ng tr\u01b0\u1edfng b\u1ec1n v\u1eefng.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2.2. L\u1ecbch s\u1eed v\u00e0 t\u1ea7m quan tr\u1ecdng c\u1ee7a cu\u1ed9c h\u1ecdp FED<\/strong><\/h3>\n\n\n\n<p>FED \u0111\u00e3 t\u1ed5 ch\u1ee9c c\u00e1c cu\u1ed9c h\u1ecdp n\u00e0y t\u1eeb khi th\u00e0nh l\u1eadp, v\u1edbi m\u1ee5c \u0111\u00edch \u0111i\u1ec1u ch\u1ec9nh v\u00e0 \u1ed5n \u0111\u1ecbnh n\u1ec1n kinh t\u1ebf M\u1ef9. C\u00e1c quy\u1ebft \u0111\u1ecbnh t\u1eeb cu\u1ed9c h\u1ecdp c\u1ee7a FED c\u00f3 th\u1ec3 g\u00e2y ra nh\u1eefng bi\u1ebfn \u0111\u1ed9ng l\u1edbn tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh v\u00e0 \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn n\u1ec1n kinh t\u1ebf to\u00e0n c\u1ea7u.<\/p>\n\n\n\n<p>Nh\u1eefng quy\u1ebft \u0111\u1ecbnh n\u00e0y th\u01b0\u1eddng \u0111\u01b0\u1ee3c \u0111\u01b0a ra sau khi ph\u00e2n t\u00edch k\u1ef9 l\u01b0\u1ee1ng c\u00e1c s\u1ed1 li\u1ec7u kinh t\u1ebf nh\u01b0 GDP, t\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p, l\u1ea1m ph\u00e1t, v\u00e0 c\u00e1c ch\u1ec9 s\u1ed1 kinh t\u1ebf kh\u00e1c. Ch\u00ednh v\u00ec v\u1eady, c\u00e1c cu\u1ed9c h\u1ecdp c\u1ee7a FED lu\u00f4n \u0111\u01b0\u1ee3c c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0 doanh nghi\u1ec7p tr\u00ean to\u00e0n th\u1ebf gi\u1edbi theo d\u00f5i s\u00e1t sao.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>3. T\u1ea7m quan tr\u1ecdng c\u1ee7a cu\u1ed9c h\u1ecdp FED<\/strong><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/220901170946-nightcap-inflation-16x9-1-1024x576.jpg\" alt=\"\" class=\"wp-image-934\" srcset=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/220901170946-nightcap-inflation-16x9-1-1024x576.jpg 1024w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/220901170946-nightcap-inflation-16x9-1-300x169.jpg 300w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/220901170946-nightcap-inflation-16x9-1-768x432.jpg 768w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/220901170946-nightcap-inflation-16x9-1.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>FED t\u00e1c \u0111\u1ed9ng l\u1edbn \u0111\u1ebfn l\u00e3i su\u1ea5t<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Cu\u1ed9c h\u1ecdp c\u1ee7a FED c\u00f3 t\u00e1c \u0111\u1ed9ng s\u00e2u r\u1ed9ng \u0111\u1ebfn nhi\u1ec1u kh\u00eda c\u1ea1nh c\u1ee7a n\u1ec1n kinh t\u1ebf. Hi\u1ec3u r\u00f5 t\u1ea7m quan tr\u1ecdng c\u1ee7a cu\u1ed9c h\u1ecdp n\u00e0y s\u1ebd gi\u00fap b\u1ea1n n\u1eafm b\u1eaft \u0111\u01b0\u1ee3c nh\u1eefng thay \u0111\u1ed5i v\u00e0 chu\u1ea9n b\u1ecb t\u1ed1t h\u01a1n cho c\u00e1c bi\u1ebfn \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>3.1. T\u00e1c \u0111\u1ed9ng \u0111\u1ebfn l\u00e3i su\u1ea5t<\/strong><\/h3>\n\n\n\n<p>Quy\u1ebft \u0111\u1ecbnh v\u1ec1 l\u00e3i su\u1ea5t c\u1ee7a FED l\u00e0 m\u1ed9t trong nh\u1eefng y\u1ebfu t\u1ed1 quan tr\u1ecdng nh\u1ea5t trong vi\u1ec7c \u0111i\u1ec1u ch\u1ec9nh kinh t\u1ebf.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>T\u0103ng l\u00e3i su\u1ea5t<\/strong>: Khi FED t\u0103ng l\u00e3i su\u1ea5t, chi ph\u00ed vay v\u1ed1n c\u1ee7a c\u00e1c doanh nghi\u1ec7p v\u00e0 ng\u01b0\u1eddi ti\u00eau d\u00f9ng t\u0103ng l\u00ean, l\u00e0m gi\u1ea3m c\u1ea7u vay v\u1ed1n v\u00e0 \u0111\u1ea7u t\u01b0. \u0110i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 l\u00e0m gi\u1ea3m t\u1ed1c \u0111\u1ed9 t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf.<\/li>\n\n\n\n<li><strong>Gi\u1ea3m l\u00e3i su\u1ea5t<\/strong>: Ng\u01b0\u1ee3c l\u1ea1i, khi FED gi\u1ea3m l\u00e3i su\u1ea5t, chi ph\u00ed vay v\u1ed1n gi\u1ea3m, khuy\u1ebfn kh\u00edch ti\u00eau d\u00f9ng v\u00e0 \u0111\u1ea7u t\u01b0, t\u1eeb \u0111\u00f3 th\u00fac \u0111\u1ea9y t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>3.2. \u1ea2nh h\u01b0\u1edfng \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh<\/strong><\/h3>\n\n\n\n<p>C\u00e1c th\u00f4ng b\u00e1o v\u00e0 quy\u1ebft \u0111\u1ecbnh t\u1eeb cu\u1ed9c h\u1ecdp c\u1ee7a FED th\u01b0\u1eddng g\u00e2y ra bi\u1ebfn \u0111\u1ed9ng l\u1edbn tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n<\/strong>: Nh\u00e0 \u0111\u1ea7u t\u01b0 theo d\u00f5i s\u00e1t sao c\u00e1c th\u00f4ng tin n\u00e0y \u0111\u1ec3 \u0111i\u1ec1u ch\u1ec9nh chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 c\u1ee7a h\u1ecd, d\u1eabn \u0111\u1ebfn s\u1ef1 thay \u0111\u1ed5i gi\u00e1 c\u1ed5 phi\u1ebfu v\u00e0 ch\u1ec9 s\u1ed1 th\u1ecb tr\u01b0\u1eddng.<\/li>\n\n\n\n<li><strong>T\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i<\/strong>: Thay \u0111\u1ed5i trong l\u00e3i su\u1ea5t c\u00f3 th\u1ec3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn gi\u00e1 tr\u1ecb \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 so v\u1edbi c\u00e1c lo\u1ea1i ti\u1ec1n t\u1ec7 kh\u00e1c. Khi l\u00e3i su\u1ea5t t\u0103ng, \u0111\u1ed3ng \u0111\u00f4 la th\u01b0\u1eddng m\u1ea1nh l\u00ean, ng\u01b0\u1ee3c l\u1ea1i khi l\u00e3i su\u1ea5t gi\u1ea3m, \u0111\u1ed3ng \u0111\u00f4 la c\u00f3 th\u1ec3 y\u1ebfu \u0111i.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>3.3. T\u00e1c \u0111\u1ed9ng \u0111\u1ebfn n\u1ec1n kinh t\u1ebf to\u00e0n c\u1ea7u<\/strong><\/h3>\n\n\n\n<p>Quy\u1ebft \u0111\u1ecbnh c\u1ee7a FED kh\u00f4ng ch\u1ec9 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn n\u1ec1n kinh t\u1ebf M\u1ef9 m\u00e0 c\u00f2n t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn n\u1ec1n kinh t\u1ebf to\u00e0n c\u1ea7u.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>T\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i<\/strong>: Thay \u0111\u1ed5i trong ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 c\u1ee7a M\u1ef9 c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i, l\u00e0m thay \u0111\u1ed5i c\u00e1n c\u00e2n th\u01b0\u01a1ng m\u1ea1i v\u00e0 \u0111\u1ea7u t\u01b0 qu\u1ed1c t\u1ebf.<\/li>\n\n\n\n<li><strong>L\u1ea1m ph\u00e1t to\u00e0n c\u1ea7u<\/strong>: C\u00e1c quy\u1ebft \u0111\u1ecbnh c\u1ee7a FED v\u1ec1 cung ti\u1ec1n v\u00e0 l\u00e3i su\u1ea5t c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn l\u1ea1m ph\u00e1t kh\u00f4ng ch\u1ec9 \u1edf M\u1ef9 m\u00e0 c\u00f2n tr\u00ean to\u00e0n c\u1ea7u.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>3.4. T\u00e1c \u0111\u1ed9ng \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng Crypto<\/strong><\/h3>\n\n\n\n<p>Th\u1ecb tr\u01b0\u1eddng ti\u1ec1n \u0111i\u1ec7n t\u1eed (Crypto) c\u0169ng b\u1ecb \u1ea3nh h\u01b0\u1edfng m\u1ea1nh m\u1ebd b\u1edfi c\u00e1c quy\u1ebft \u0111\u1ecbnh c\u1ee7a FED.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Khi l\u00e3i su\u1ea5t t\u0103ng<\/strong>: Nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 xu h\u01b0\u1edbng chuy\u1ec3n v\u1ed1n sang c\u00e1c t\u00e0i s\u1ea3n an to\u00e0n h\u01a1n, d\u1eabn \u0111\u1ebfn s\u1ef1 s\u1ee5t gi\u1ea3m gi\u00e1 tr\u1ecb c\u1ee7a c\u00e1c lo\u1ea1i ti\u1ec1n \u0111i\u1ec7n t\u1eed nh\u01b0 Bitcoin v\u00e0 Ethereum.<\/li>\n\n\n\n<li><strong>Khi l\u00e3i su\u1ea5t gi\u1ea3m<\/strong>: Ng\u01b0\u1ee3c l\u1ea1i, th\u1ecb tr\u01b0\u1eddng Crypto c\u00f3 th\u1ec3 t\u0103ng tr\u01b0\u1edfng do nh\u00e0 \u0111\u1ea7u t\u01b0 t\u00ecm ki\u1ebfm c\u00e1c c\u01a1 h\u1ed9i sinh l\u1eddi cao h\u01a1n trong b\u1ed1i c\u1ea3nh l\u00e3i su\u1ea5t th\u1ea5p.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>4. C\u00e1c th\u00e0nh ph\u1ea7n ch\u00ednh c\u1ee7a cu\u1ed9c h\u1ecdp FED<\/strong><\/h2>\n\n\n\n<p>Cu\u1ed9c h\u1ecdp c\u1ee7a FED bao g\u1ed3m nhi\u1ec1u th\u00e0nh ph\u1ea7n quan tr\u1ecdng, t\u1eeb quy tr\u00ecnh chu\u1ea9n b\u1ecb \u0111\u1ebfn c\u00e1c quy\u1ebft \u0111\u1ecbnh cu\u1ed1i c\u00f9ng.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>4.1. Quy tr\u00ecnh chu\u1ea9n b\u1ecb<\/strong><\/h3>\n\n\n\n<p>Tr\u01b0\u1edbc khi di\u1ec5n ra cu\u1ed9c h\u1ecdp, c\u00e1c th\u00e0nh vi\u00ean c\u1ee7a FED ti\u1ebfn h\u00e0nh nghi\u00ean c\u1ee9u v\u00e0 ph\u00e2n t\u00edch c\u00e1c d\u1eef li\u1ec7u kinh t\u1ebf hi\u1ec7n t\u1ea1i. C\u00e1c b\u00e1o c\u00e1o v\u00e0 th\u00f4ng tin th\u1ecb tr\u01b0\u1eddng \u0111\u01b0\u1ee3c xem x\u00e9t k\u1ef9 l\u01b0\u1ee1ng \u0111\u1ec3 \u0111\u01b0a ra nh\u1eefng quy\u1ebft \u0111\u1ecbnh ch\u00ednh x\u00e1c.<\/p>\n\n\n\n<p>Trong qu\u00e1 tr\u00ecnh chu\u1ea9n b\u1ecb, c\u00e1c th\u00e0nh vi\u00ean c\u1ee7a FED s\u1ebd th\u1ea3o lu\u1eadn v\u1ec1 c\u00e1c xu h\u01b0\u1edbng kinh t\u1ebf g\u1ea7n \u0111\u00e2y, d\u1ef1 b\u00e1o v\u1ec1 t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf, l\u1ea1m ph\u00e1t, v\u00e0 c\u00e1c y\u1ebfu t\u1ed1 kh\u00e1c c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn n\u1ec1n kinh t\u1ebf. M\u1ee5c ti\u00eau l\u00e0 \u0111\u1ea3m b\u1ea3o r\u1eb1ng c\u00e1c quy\u1ebft \u0111\u1ecbnh \u0111\u01b0\u1ee3c \u0111\u01b0a ra d\u1ef1a tr\u00ean nh\u1eefng th\u00f4ng tin c\u1eadp nh\u1eadt v\u00e0 ch\u00ednh x\u00e1c nh\u1ea5t.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>4.2. Cu\u1ed9c h\u1ecdp ch\u00ednh<\/strong><\/h3>\n\n\n\n<p>Cu\u1ed9c h\u1ecdp ch\u00ednh th\u01b0\u1eddng di\u1ec5n ra trong v\u00f2ng hai ng\u00e0y, bao g\u1ed3m c\u00e1c phi\u00ean th\u1ea3o lu\u1eadn v\u1ec1 t\u00ecnh h\u00ecnh kinh t\u1ebf v\u00e0 c\u00e1c quy\u1ebft \u0111\u1ecbnh v\u1ec1 ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Phi\u00ean th\u1ea3o lu\u1eadn<\/strong>: C\u00e1c th\u00e0nh vi\u00ean s\u1ebd ph\u00e2n t\u00edch t\u00ecnh h\u00ecnh kinh t\u1ebf hi\u1ec7n t\u1ea1i, xem x\u00e9t c\u00e1c r\u1ee7i ro ti\u1ec1m t\u00e0ng v\u00e0 th\u1ea3o lu\u1eadn v\u1ec1 c\u00e1c bi\u1ec7n ph\u00e1p c\u1ea7n thi\u1ebft \u0111\u1ec3 duy tr\u00ec \u1ed5n \u0111\u1ecbnh kinh t\u1ebf.<\/li>\n\n\n\n<li><strong>B\u1ecf phi\u1ebfu<\/strong>: Cu\u1ed1i c\u00f9ng, c\u00e1c th\u00e0nh vi\u00ean s\u1ebd b\u1ecf phi\u1ebfu \u0111\u1ec3 th\u00f4ng qua c\u00e1c quy\u1ebft \u0111\u1ecbnh quan tr\u1ecdng nh\u01b0 thay \u0111\u1ed5i l\u00e3i su\u1ea5t ho\u1eb7c th\u1ef1c hi\u1ec7n c\u00e1c ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 kh\u00e1c.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>4.3. Th\u00f4ng b\u00e1o v\u00e0 b\u00e1o c\u00e1o<\/strong><\/h3>\n\n\n\n<p>Sau khi k\u1ebft th\u00fac cu\u1ed9c h\u1ecdp, FED th\u01b0\u1eddng ph\u00e1t h\u00e0nh th\u00f4ng b\u00e1o v\u00e0 b\u00e1o c\u00e1o ch\u00ednh th\u1ee9c v\u1ec1 c\u00e1c quy\u1ebft \u0111\u1ecbnh \u0111\u00e3 \u0111\u01b0\u1ee3c th\u00f4ng qua.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Th\u00f4ng b\u00e1o ch\u00ednh th\u1ee9c<\/strong>: Th\u00f4ng b\u00e1o n\u00e0y bao g\u1ed3m chi ti\u1ebft v\u1ec1 c\u00e1c quy\u1ebft \u0111\u1ecbnh v\u00e0 l\u00fd do \u0111\u1eb1ng sau ch\u00fang, gi\u00fap c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0 doanh nghi\u1ec7p hi\u1ec3u r\u00f5 h\u01a1n v\u1ec1 ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 c\u1ee7a FED.<\/li>\n\n\n\n<li><strong>H\u1ecdp b\u00e1o<\/strong>: Ch\u1ee7 t\u1ecbch FED th\u01b0\u1eddng t\u1ed5 ch\u1ee9c h\u1ecdp b\u00e1o \u0111\u1ec3 gi\u1ea3i th\u00edch c\u00e1c quy\u1ebft \u0111\u1ecbnh v\u00e0 tr\u1ea3 l\u1eddi c\u00e2u h\u1ecfi t\u1eeb b\u00e1o ch\u00ed. \u0110\u00e2y l\u00e0 c\u01a1 h\u1ed9i \u0111\u1ec3 FED gi\u1ea3i th\u00edch r\u00f5 h\u01a1n v\u1ec1 c\u00e1c ch\u00ednh s\u00e1ch c\u1ee7a m\u00ecnh v\u00e0 l\u00e0m r\u00f5 b\u1ea5t k\u1ef3 hi\u1ec3u l\u1ea7m n\u00e0o.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>5. C\u00e1c chi\u1ebfn l\u01b0\u1ee3c v\u00e0 c\u00f4ng c\u1ee5 c\u1ee7a FED<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/GJMQNPFPOFHUHHT3UABTAMBTZM-1024x536.png\" alt=\"\" class=\"wp-image-935\" srcset=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/GJMQNPFPOFHUHHT3UABTAMBTZM-1024x536.png 1024w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/GJMQNPFPOFHUHHT3UABTAMBTZM-300x157.png 300w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/GJMQNPFPOFHUHHT3UABTAMBTZM-768x402.png 768w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/GJMQNPFPOFHUHHT3UABTAMBTZM.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>FED s\u1eed d\u1ee5ng nhi\u1ec1u chi\u1ebfn l\u01b0\u1ee3c v\u00e0 c\u00f4ng c\u1ee5 kh\u00e1c nhau \u0111\u1ec3 \u0111i\u1ec1u ch\u1ec9nh ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 v\u00e0 duy tr\u00ec \u1ed5n \u0111\u1ecbnh kinh t\u1ebf.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5.1. L\u00e3i su\u1ea5t c\u01a1 b\u1ea3n<\/strong><\/h3>\n\n\n\n<p>L\u00e3i su\u1ea5t c\u01a1 b\u1ea3n l\u00e0 c\u00f4ng c\u1ee5 quan tr\u1ecdng nh\u1ea5t c\u1ee7a FED.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>T\u00e1c \u0111\u1ed9ng tr\u1ef1c ti\u1ebfp<\/strong>: Vi\u1ec7c thay \u0111\u1ed5i l\u00e3i su\u1ea5t c\u01a1 b\u1ea3n \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn l\u00e3i su\u1ea5t cho vay v\u00e0 ti\u1ebft ki\u1ec7m, t\u1eeb \u0111\u00f3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn ti\u00eau d\u00f9ng v\u00e0 \u0111\u1ea7u t\u01b0.<\/li>\n\n\n\n<li><strong>C\u00f4ng c\u1ee5 ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t<\/strong>: B\u1eb1ng c\u00e1ch t\u0103ng ho\u1eb7c gi\u1ea3m l\u00e3i su\u1ea5t, FED c\u00f3 th\u1ec3 ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t v\u00e0 \u0111i\u1ec1u ch\u1ec9nh t\u1ed1c \u0111\u1ed9 t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5.2. Mua v\u00e0 b\u00e1n tr\u00e1i phi\u1ebfu<\/strong><\/h3>\n\n\n\n<p>FED th\u1ef1c hi\u1ec7n c\u00e1c giao d\u1ecbch mua v\u00e0 b\u00e1n tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 \u0111\u1ec3 \u0111i\u1ec1u ch\u1ec9nh cung ti\u1ec1n trong n\u1ec1n kinh t\u1ebf.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Mua tr\u00e1i phi\u1ebfu<\/strong>: Khi mua tr\u00e1i phi\u1ebfu, FED b\u01a1m ti\u1ec1n v\u00e0o n\u1ec1n kinh t\u1ebf, l\u00e0m t\u0103ng cung ti\u1ec1n v\u00e0 th\u00fac \u0111\u1ea9y ti\u00eau d\u00f9ng v\u00e0 \u0111\u1ea7u t\u01b0.<\/li>\n\n\n\n<li><strong>B\u00e1n tr\u00e1i phi\u1ebfu<\/strong>: Khi b\u00e1n tr\u00e1i phi\u1ebfu, FED r\u00fat ti\u1ec1n ra kh\u1ecfi h\u1ec7 th\u1ed1ng, l\u00e0m gi\u1ea3m cung ti\u1ec1n v\u00e0 ki\u1ec1m ch\u1ebf l\u1ea1m ph\u00e1t.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5.3. Ch\u00ednh s\u00e1ch t\u00edn d\u1ee5ng<\/strong><\/h3>\n\n\n\n<p>FED c\u0169ng c\u00f3 th\u1ec3 s\u1eed d\u1ee5ng c\u00e1c bi\u1ec7n ph\u00e1p t\u00edn d\u1ee5ng \u0111\u1ec3 h\u1ed7 tr\u1ee3 c\u00e1c ng\u00e2n h\u00e0ng v\u00e0 c\u00e1c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Kho\u1ea3n vay kh\u1ea9n c\u1ea5p<\/strong>: FED cung c\u1ea5p c\u00e1c kho\u1ea3n vay kh\u1ea9n c\u1ea5p cho c\u00e1c ng\u00e2n h\u00e0ng g\u1eb7p kh\u00f3 kh\u0103n, \u0111\u1ea3m b\u1ea3o r\u1eb1ng h\u1ec7 th\u1ed1ng t\u00e0i ch\u00ednh kh\u00f4ng b\u1ecb gi\u00e1n \u0111o\u1ea1n.<\/li>\n\n\n\n<li><strong>\u0110i\u1ec1u ch\u1ec9nh d\u1ef1 tr\u1eef b\u1eaft bu\u1ed9c<\/strong>: FED c\u00f3 th\u1ec3 \u0111i\u1ec1u ch\u1ec9nh c\u00e1c y\u00eau c\u1ea7u v\u1ec1 d\u1ef1 tr\u1eef b\u1eaft bu\u1ed9c \u0111\u1ec3 ki\u1ec3m so\u00e1t l\u01b0\u1ee3ng ti\u1ec1n m\u00e0 c\u00e1c ng\u00e2n h\u00e0ng c\u00f3 th\u1ec3 cho vay, t\u1eeb \u0111\u00f3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn cung ti\u1ec1n v\u00e0 l\u00e3i su\u1ea5t.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>6. T\u00e1c \u0111\u1ed9ng c\u1ee7a cu\u1ed9c h\u1ecdp FED \u0111\u1ebfn n\u1ec1n kinh t\u1ebf<\/strong><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"783\" height=\"498\" src=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/Chung-khoan-My-chiu-ap-luc-khi-Fed-quyet-tam-duy-tri-lai-suat-cao.jpg\" alt=\"\" class=\"wp-image-936\" srcset=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/Chung-khoan-My-chiu-ap-luc-khi-Fed-quyet-tam-duy-tri-lai-suat-cao.jpg 783w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/Chung-khoan-My-chiu-ap-luc-khi-Fed-quyet-tam-duy-tri-lai-suat-cao-300x191.jpg 300w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/Chung-khoan-My-chiu-ap-luc-khi-Fed-quyet-tam-duy-tri-lai-suat-cao-768x488.jpg 768w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/Chung-khoan-My-chiu-ap-luc-khi-Fed-quyet-tam-duy-tri-lai-suat-cao-150x95.jpg 150w\" sizes=\"auto, (max-width: 783px) 100vw, 783px\" \/><figcaption class=\"wp-element-caption\"><em>Fed t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Cu\u1ed9c h\u1ecdp c\u1ee7a FED c\u00f3 nh\u1eefng t\u00e1c \u0111\u1ed9ng s\u00e2u r\u1ed9ng \u0111\u1ebfn n\u1ec1n kinh t\u1ebf M\u1ef9 v\u00e0 to\u00e0n c\u1ea7u.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>6.1. T\u00e1c \u0111\u1ed9ng \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n<\/strong><\/h3>\n\n\n\n<p>C\u00e1c quy\u1ebft \u0111\u1ecbnh c\u1ee7a FED th\u01b0\u1eddng g\u00e2y ra bi\u1ebfn \u0111\u1ed9ng l\u1edbn tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n. Nh\u00e0 \u0111\u1ea7u t\u01b0 theo d\u00f5i s\u00e1t sao c\u00e1c th\u00f4ng b\u00e1o t\u1eeb FED \u0111\u1ec3 \u0111i\u1ec1u ch\u1ec9nh chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 c\u1ee7a h\u1ecd.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>T\u0103ng l\u00e3i su\u1ea5t<\/strong>: Khi FED t\u0103ng l\u00e3i su\u1ea5t, th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n th\u01b0\u1eddng gi\u1ea3m do chi ph\u00ed vay v\u1ed1n t\u0103ng, l\u00e0m gi\u1ea3m l\u1ee3i nhu\u1eadn c\u1ee7a doanh nghi\u1ec7p.<\/li>\n\n\n\n<li><strong>Gi\u1ea3m l\u00e3i su\u1ea5t<\/strong>: Ng\u01b0\u1ee3c l\u1ea1i, khi FED gi\u1ea3m l\u00e3i su\u1ea5t, th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n th\u01b0\u1eddng t\u0103ng do chi ph\u00ed vay v\u1ed1n gi\u1ea3m, khuy\u1ebfn kh\u00edch ti\u00eau d\u00f9ng v\u00e0 \u0111\u1ea7u t\u01b0.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>6.2. T\u00e1c \u0111\u1ed9ng \u0111\u1ebfn t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i<\/strong><\/h3>\n\n\n\n<p>Quy\u1ebft \u0111\u1ecbnh v\u1ec1 l\u00e3i su\u1ea5t c\u1ee7a FED c\u0169ng \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i c\u1ee7a \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>L\u00e3i su\u1ea5t cao<\/strong>: Khi FED t\u0103ng l\u00e3i su\u1ea5t, \u0111\u1ed3ng \u0111\u00f4 la th\u01b0\u1eddng m\u1ea1nh l\u00ean do l\u1ee3i su\u1ea5t cao h\u01a1n thu h\u00fat nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i.<\/li>\n\n\n\n<li><strong>L\u00e3i su\u1ea5t th\u1ea5p<\/strong>: Khi FED gi\u1ea3m l\u00e3i su\u1ea5t, \u0111\u1ed3ng \u0111\u00f4 la c\u00f3 th\u1ec3 y\u1ebfu \u0111i do l\u1ee3i su\u1ea5t th\u1ea5p h\u01a1n, l\u00e0m gi\u1ea3m s\u1ee9c h\u1ea5p d\u1eabn c\u1ee7a \u0111\u1ed3ng ti\u1ec1n n\u00e0y.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>6.3. T\u00e1c \u0111\u1ed9ng \u0111\u1ebfn l\u1ea1m ph\u00e1t<\/strong><\/h3>\n\n\n\n<p>M\u1ed9t trong nh\u1eefng m\u1ee5c ti\u00eau ch\u00ednh c\u1ee7a FED l\u00e0 ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t<\/strong>: B\u1eb1ng c\u00e1ch \u0111i\u1ec1u ch\u1ec9nh l\u00e3i su\u1ea5t v\u00e0 cung ti\u1ec1n, FED c\u1ed1 g\u1eafng duy tr\u00ec l\u1ea1m ph\u00e1t \u1edf m\u1ee9c \u1ed5n \u0111\u1ecbnh v\u00e0 tr\u00e1nh nh\u1eefng bi\u1ebfn \u0111\u1ed9ng l\u1edbn c\u00f3 th\u1ec3 g\u00e2y h\u1ea1i cho n\u1ec1n kinh t\u1ebf.<\/li>\n\n\n\n<li><strong>L\u1ea1m ph\u00e1t t\u0103ng cao<\/strong>: N\u1ebfu l\u1ea1m ph\u00e1t t\u0103ng qu\u00e1 m\u1ee9c, FED c\u00f3 th\u1ec3 t\u0103ng l\u00e3i su\u1ea5t \u0111\u1ec3 gi\u1ea3m cung ti\u1ec1n v\u00e0 ki\u1ec1m ch\u1ebf gi\u00e1 c\u1ea3.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>6.4. T\u00e1c \u0111\u1ed9ng \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng Crypto<\/strong><\/h3>\n\n\n\n<p>Th\u1ecb tr\u01b0\u1eddng <a href=\"https:\/\/theblock101.com\/crypto-la-gi\" title=\"\">Crypto<\/a> l\u00e0 m\u1ed9t trong nh\u1eefng l\u0129nh v\u1ef1c b\u1ecb \u1ea3nh h\u01b0\u1edfng m\u1ea1nh m\u1ebd b\u1edfi c\u00e1c quy\u1ebft \u0111\u1ecbnh c\u1ee7a FED.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>T\u0103ng l\u00e3i su\u1ea5t<\/strong>: Khi l\u00e3i su\u1ea5t t\u0103ng, gi\u00e1 tr\u1ecb c\u1ee7a Bitcoin v\u00e0 c\u00e1c lo\u1ea1i ti\u1ec1n \u0111i\u1ec7n t\u1eed kh\u00e1c th\u01b0\u1eddng gi\u1ea3m do nh\u00e0 \u0111\u1ea7u t\u01b0 chuy\u1ec3n v\u1ed1n sang c\u00e1c t\u00e0i s\u1ea3n an to\u00e0n h\u01a1n.<\/li>\n\n\n\n<li><strong>Gi\u1ea3m l\u00e3i su\u1ea5t<\/strong>: Ng\u01b0\u1ee3c l\u1ea1i, khi l\u00e3i su\u1ea5t gi\u1ea3m, gi\u00e1 tr\u1ecb c\u1ee7a ti\u1ec1n \u0111i\u1ec7n t\u1eed c\u00f3 th\u1ec3 t\u0103ng do s\u1ef1 quan t\u00e2m c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c t\u00e0i s\u1ea3n c\u00f3 r\u1ee7i ro cao h\u01a1n.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>7. C\u00e1c cu\u1ed9c h\u1ecdp quan tr\u1ecdng g\u1ea7n \u0111\u00e2y c\u1ee7a FED<\/strong><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/31dc-fedpreview-copy-superJumbo-v2-1024x683.jpg\" alt=\"\" class=\"wp-image-937\" srcset=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/31dc-fedpreview-copy-superJumbo-v2-1024x683.jpg 1024w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/31dc-fedpreview-copy-superJumbo-v2-300x200.jpg 300w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/31dc-fedpreview-copy-superJumbo-v2-768x512.jpg 768w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/31dc-fedpreview-copy-superJumbo-v2-1536x1024.jpg 1536w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/31dc-fedpreview-copy-superJumbo-v2-600x400.jpg 600w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/31dc-fedpreview-copy-superJumbo-v2.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>C\u00e1c cu\u1ed9c h\u1ecdp quan tr\u1ecdng g\u1ea7n \u0111\u00e2y c\u1ee7a FED<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>\u0110\u1ec3 hi\u1ec3u r\u00f5 h\u01a1n v\u1ec1 t\u00e1c \u0111\u1ed9ng c\u1ee7a c\u00e1c cu\u1ed9c h\u1ecdp c\u1ee7a FED, h\u00e3y xem x\u00e9t m\u1ed9t s\u1ed1 cu\u1ed9c h\u1ecdp quan tr\u1ecdng g\u1ea7n \u0111\u00e2y v\u00e0 c\u00e1c quy\u1ebft \u0111\u1ecbnh \u0111\u01b0\u1ee3c \u0111\u01b0a ra.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>7.1. Cu\u1ed9c h\u1ecdp th\u00e1ng 3 n\u0103m 2020<\/strong><\/h3>\n\n\n\n<p>Trong cu\u1ed9c h\u1ecdp th\u00e1ng 3 n\u0103m 2020, FED \u0111\u00e3 quy\u1ebft \u0111\u1ecbnh gi\u1ea3m l\u00e3i su\u1ea5t xu\u1ed1ng m\u1ee9c g\u1ea7n b\u1eb1ng 0 \u0111\u1ec3 \u0111\u1ed1i ph\u00f3 v\u1edbi kh\u1ee7ng ho\u1ea3ng kinh t\u1ebf do \u0111\u1ea1i d\u1ecbch COVID-19 g\u00e2y ra. Quy\u1ebft \u0111\u1ecbnh n\u00e0y \u0111\u00e3 t\u00e1c \u0111\u1ed9ng m\u1ea1nh \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh v\u00e0 Crypto, khi nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 chuy\u1ec3n h\u01b0\u1edbng sang Bitcoin v\u00e0 c\u00e1c t\u00e0i s\u1ea3n k\u1ef9 thu\u1eadt s\u1ed1 kh\u00e1c.<\/p>\n\n\n\n<p><strong>K\u1ebft qu\u1ea3<\/strong>: Th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh v\u00e0 Crypto \u0111\u1ec1u ch\u1ee9ng ki\u1ebfn s\u1ef1 bi\u1ebfn \u0111\u1ed9ng l\u1edbn, v\u1edbi Bitcoin t\u0103ng m\u1ea1nh do nh\u00e0 \u0111\u1ea7u t\u01b0 t\u00ecm ki\u1ebfm c\u00e1c t\u00e0i s\u1ea3n c\u00f3 t\u00ednh ph\u00f2ng th\u1ee7 cao.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>7.2. Cu\u1ed9c h\u1ecdp th\u00e1ng 12 n\u0103m 2021<\/strong><\/h3>\n\n\n\n<p>Cu\u1ed9c h\u1ecdp th\u00e1ng 12 n\u0103m 2021 ch\u1ee9ng ki\u1ebfn FED quy\u1ebft \u0111\u1ecbnh gi\u1ea3m quy m\u00f4 c\u1ee7a c\u00e1c ch\u01b0\u01a1ng tr\u00ecnh mua tr\u00e1i phi\u1ebfu, \u0111\u00e1nh d\u1ea5u s\u1ef1 chuy\u1ec3n \u0111\u1ed5i t\u1eeb ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 n\u1edbi l\u1ecfng sang ch\u00ednh s\u00e1ch th\u1eaft ch\u1eb7t h\u01a1n.<\/p>\n\n\n\n<p><strong>K\u1ebft qu\u1ea3<\/strong>: Th\u1ecb tr\u01b0\u1eddng Crypto tr\u1ea3i qua m\u1ed9t \u0111\u1ee3t b\u00e1n th\u00e1o l\u1edbn do lo ng\u1ea1i v\u1ec1 vi\u1ec7c gi\u1ea3m thanh kho\u1ea3n, v\u1edbi Bitcoin v\u00e0 c\u00e1c lo\u1ea1i ti\u1ec1n \u0111i\u1ec7n t\u1eed kh\u00e1c gi\u1ea3m m\u1ea1nh.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>7.3. Cu\u1ed9c h\u1ecdp th\u00e1ng 6 n\u0103m 2023<\/strong><\/h3>\n\n\n\n<p>Trong cu\u1ed9c h\u1ecdp th\u00e1ng 6 n\u0103m 2023, FED quy\u1ebft \u0111\u1ecbnh t\u0103ng l\u00e3i su\u1ea5t l\u1ea7n \u0111\u1ea7u ti\u00ean sau nhi\u1ec1u n\u0103m duy tr\u00ec \u1edf m\u1ee9c th\u1ea5p.<\/p>\n\n\n\n<p><strong>K\u1ebft qu\u1ea3<\/strong>: Quy\u1ebft \u0111\u1ecbnh n\u00e0y nh\u1eb1m ki\u1ec1m ch\u1ebf l\u1ea1m ph\u00e1t v\u00e0 \u1ed5n \u0111\u1ecbnh n\u1ec1n kinh t\u1ebf sau th\u1eddi k\u1ef3 ph\u1ee5c h\u1ed3i t\u1eeb \u0111\u1ea1i d\u1ecbch, g\u00e2y ra s\u1ef1 bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh tr\u00ean th\u1ecb tr\u01b0\u1eddng Crypto, v\u1edbi s\u1ef1 gi\u1ea3m gi\u00e1 m\u1ea1nh c\u1ee7a Bitcoin v\u00e0 c\u00e1c lo\u1ea1i ti\u1ec1n \u0111i\u1ec7n t\u1eed kh\u00e1c.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>8. C\u00e1ch chu\u1ea9n b\u1ecb cho c\u00e1c cu\u1ed9c h\u1ecdp c\u1ee7a FED<\/strong><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"590\" height=\"393\" src=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/rsz_istock-476022888.jpg\" alt=\"\" class=\"wp-image-938\" srcset=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/rsz_istock-476022888.jpg 590w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/rsz_istock-476022888-300x200.jpg 300w\" sizes=\"auto, (max-width: 590px) 100vw, 590px\" \/><figcaption class=\"wp-element-caption\"><em>L\u00ean k\u1ebf ho\u1ea1ch qu\u1ea3n l\u00fd r\u1ee7i ro<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>\u0110\u1ec3 \u0111\u1ed1i ph\u00f3 v\u1edbi nh\u1eefng thay \u0111\u1ed5i t\u1eeb c\u00e1c cu\u1ed9c h\u1ecdp c\u1ee7a FED, nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0 doanh nghi\u1ec7p c\u1ea7n chu\u1ea9n b\u1ecb k\u1ef9 l\u01b0\u1ee1ng.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>8.1. Theo d\u00f5i th\u00f4ng tin kinh t\u1ebf<\/strong><\/h3>\n\n\n\n<p>Lu\u00f4n c\u1eadp nh\u1eadt c\u00e1c th\u00f4ng tin kinh t\u1ebf v\u00e0 c\u00e1c d\u1ef1 b\u00e1o t\u1eeb chuy\u00ean gia \u0111\u1ec3 hi\u1ec3u r\u00f5 h\u01a1n v\u1ec1 t\u00ecnh h\u00ecnh hi\u1ec7n t\u1ea1i v\u00e0 nh\u1eefng g\u00ec c\u00f3 th\u1ec3 x\u1ea3y ra trong cu\u1ed9c h\u1ecdp c\u1ee7a FED.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>C\u00e1c ngu\u1ed3n th\u00f4ng tin<\/strong>: C\u00e1c trang web t\u00e0i ch\u00ednh uy t\u00edn nh\u01b0 Bloomberg, Reuters, v\u00e0 c\u00e1c b\u00e1o c\u00e1o kinh t\u1ebf t\u1eeb c\u00e1c ng\u00e2n h\u00e0ng l\u1edbn \u0111\u1ec1u l\u00e0 nh\u1eefng ngu\u1ed3n th\u00f4ng tin \u0111\u00e1ng tin c\u1eady.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>8.2. \u0110\u00e1nh gi\u00e1 danh m\u1ee5c \u0111\u1ea7u t\u01b0<\/strong><\/h3>\n\n\n\n<p>Tr\u01b0\u1edbc m\u1ed7i cu\u1ed9c h\u1ecdp c\u1ee7a FED, h\u00e3y \u0111\u00e1nh gi\u00e1 l\u1ea1i danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a b\u1ea1n \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o r\u1eb1ng b\u1ea1n \u0111\u00e3 s\u1eb5n s\u00e0ng \u0111\u1ed1i ph\u00f3 v\u1edbi nh\u1eefng thay \u0111\u1ed5i c\u00f3 th\u1ec3 x\u1ea3y ra.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u0110a d\u1ea1ng h\u00f3a danh m\u1ee5c \u0111\u1ea7u t\u01b0<\/strong>: \u0110\u1ea3m b\u1ea3o r\u1eb1ng danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a b\u1ea1n \u0111\u01b0\u1ee3c \u0111a d\u1ea1ng h\u00f3a \u0111\u1ee7 \u0111\u1ec3 gi\u1ea3m thi\u1ec3u r\u1ee7i ro t\u1eeb b\u1ea5t k\u1ef3 quy\u1ebft \u0111\u1ecbnh n\u00e0o c\u1ee7a FED.<\/li>\n\n\n\n<li><strong>\u0110i\u1ec1u ch\u1ec9nh c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 r\u1ee7i ro cao<\/strong>: Xem x\u00e9t vi\u1ec7c gi\u1ea3m b\u1edbt c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 r\u1ee7i ro cao n\u1ebfu d\u1ef1 \u0111o\u00e1n r\u1eb1ng FED s\u1ebd c\u00f3 nh\u1eefng quy\u1ebft \u0111\u1ecbnh g\u00e2y b\u1ea5t l\u1ee3i cho nh\u1eefng lo\u1ea1i t\u00e0i s\u1ea3n n\u00e0y.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>8.3. L\u00ean k\u1ebf ho\u1ea1ch d\u1ef1 ph\u00f2ng<\/strong><\/h3>\n\n\n\n<p>C\u00f3 k\u1ebf ho\u1ea1ch d\u1ef1 ph\u00f2ng cho c\u00e1c k\u1ecbch b\u1ea3n kh\u00e1c nhau gi\u00fap b\u1ea1n linh ho\u1ea1t v\u00e0 s\u1eb5n s\u00e0ng \u1ee9ng ph\u00f3 v\u1edbi b\u1ea5t k\u1ef3 quy\u1ebft \u0111\u1ecbnh n\u00e0o t\u1eeb FED.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>K\u1ecbch b\u1ea3n t\u0103ng l\u00e3i su\u1ea5t<\/strong>: Chu\u1ea9n b\u1ecb cho k\u1ecbch b\u1ea3n FED t\u0103ng l\u00e3i su\u1ea5t b\u1eb1ng c\u00e1ch t\u0103ng t\u1ef7 l\u1ec7 n\u1eafm gi\u1eef ti\u1ec1n m\u1eb7t ho\u1eb7c c\u00e1c t\u00e0i s\u1ea3n an to\u00e0n kh\u00e1c.<\/li>\n\n\n\n<li><strong>K\u1ecbch b\u1ea3n gi\u1ea3m l\u00e3i su\u1ea5t<\/strong>: N\u1ebfu d\u1ef1 \u0111o\u00e1n FED s\u1ebd gi\u1ea3m l\u00e3i su\u1ea5t, b\u1ea1n c\u00f3 th\u1ec3 c\u00e2n nh\u1eafc t\u0103ng t\u1ef7 l\u1ec7 n\u1eafm gi\u1eef c\u00e1c t\u00e0i s\u1ea3n r\u1ee7i ro nh\u01b0 c\u1ed5 phi\u1ebfu ho\u1eb7c ti\u1ec1n \u0111i\u1ec7n t\u1eed.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>9. K\u1ebft lu\u1eadn<\/strong><\/h2>\n\n\n\n<p>Cu\u1ed9c h\u1ecdp c\u1ee7a FED l\u00e0 m\u1ed9t s\u1ef1 ki\u1ec7n quan tr\u1ecdng v\u1edbi nh\u1eefng t\u00e1c \u0111\u1ed9ng s\u00e2u r\u1ed9ng \u0111\u1ebfn n\u1ec1n kinh t\u1ebf v\u00e0 th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh to\u00e0n c\u1ea7u, bao g\u1ed3m c\u1ea3 th\u1ecb tr\u01b0\u1eddng Crypto. Hi\u1ec3u r\u00f5 v\u1ec1 FED, c\u00e1c ch\u1ee9c n\u0103ng c\u1ee7a n\u00f3, v\u00e0 c\u00e1ch th\u1ee9c ho\u1ea1t \u0111\u1ed9ng c\u1ee7a cu\u1ed9c h\u1ecdp s\u1ebd gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0 doanh nghi\u1ec7p chu\u1ea9n b\u1ecb t\u1ed1t h\u01a1n cho nh\u1eefng thay \u0111\u1ed5i v\u00e0 t\u1eadn d\u1ee5ng c\u00e1c c\u01a1 h\u1ed9i \u0111\u1ea7u t\u01b0.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/theblock101.com\/lai-suat-dsr-debt-service-ratio-la-gi-tam-quan-trong-cua-lai-suat-dsr\" title=\"\">L\u00e3i su\u1ea5t DSR (Debt-Service Ratio) l\u00e0 g\u00ec? T\u1ea7m quan tr\u1ecdng c\u1ee7a l\u00e3i su\u1ea5t DSR<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/theblock101.com\/lai-suat-am-co-y-nghia-gi-doi-voi-tien-dien-tu\" title=\"\">L\u00e3i su\u1ea5t \u00e2m l\u00e0 g\u00ec? L\u00e3i su\u1ea5t \u00e2m c\u00f3 \u00fd ngh\u0129a g\u00ec \u0111\u1ed1i v\u1edbi ti\u1ec1n \u0111i\u1ec7n t\u1eed?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/theblock101.com\/lai-suat-tha-noi\" title=\"\">L\u00e3i su\u1ea5t th\u1ea3 n\u1ed5i l\u00e0 g\u00ec? Hi\u1ec3u r\u00f5 v\u1ec1 kh\u00e1i ni\u1ec7m, \u01b0u nh\u01b0\u1ee3c \u0111i\u1ec3m v\u00e0 c\u00e1ch t\u00ednh to\u00e1n<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Cu\u1ed9c h\u1ecdp c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 (FED) lu\u00f4n l\u00e0 m\u1ed9t trong nh\u1eefng s\u1ef1 ki\u1ec7n kinh t\u1ebf \u0111\u01b0\u1ee3c theo d\u00f5i s\u00e1t sao nh\u1ea5t tr\u00ean to\u00e0n c\u1ea7u. C\u00e1c quy\u1ebft \u0111\u1ecbnh \u0111\u01b0\u1ee3c \u0111\u01b0a ra t\u1eeb nh\u1eefng cu\u1ed9c h\u1ecdp n\u00e0y kh\u00f4ng ch\u1ec9 t\u00e1c \u0111\u1ed9ng m\u1ea1nh \u0111\u1ebfn n\u1ec1n kinh t\u1ebf M\u1ef9 m\u00e0 c\u00f2n c\u00f3 \u1ea3nh h\u01b0\u1edfng s\u00e2u&#8230;<\/p>\n","protected":false},"author":3,"featured_media":929,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[14],"class_list":["post-926","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kinh-te-the-gioi","tag-fed"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/20240125_Previsioni-Riunione-FED.png","_links":{"self":[{"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=\/wp\/v2\/posts\/926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=926"}],"version-history":[{"count":6,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=\/wp\/v2\/posts\/926\/revisions"}],"predecessor-version":[{"id":1351,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=\/wp\/v2\/posts\/926\/revisions\/1351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=\/wp\/v2\/media\/929"}],"wp:attachment":[{"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}