{"id":993,"date":"2024-09-27T02:04:09","date_gmt":"2024-09-27T02:04:09","guid":{"rendered":"https:\/\/economy.theblock101.com\/?p=993"},"modified":"2024-09-27T02:04:09","modified_gmt":"2024-09-27T02:04:09","slug":"lam-phat-my","status":"publish","type":"post","link":"https:\/\/economy.theblock101.com\/?p=993","title":{"rendered":"L\u1ea1m ph\u00e1t M\u1ef9 N\u0103m 2024: Th\u1ef1c tr\u1ea1ng, nguy\u00ean nh\u00e2n v\u00e0 t\u00e1c \u0111\u1ed9ng"},"content":{"rendered":"\n<p>L\u1ea1m ph\u00e1t l\u00e0 m\u1ed9t trong nh\u1eefng y\u1ebfu t\u1ed1 kinh t\u1ebf quan tr\u1ecdng, \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn m\u1ecdi m\u1eb7t c\u1ee7a n\u1ec1n kinh t\u1ebf. N\u0103m 2024, l\u1ea1m ph\u00e1t M\u1ef9 ti\u1ebfp t\u1ee5c l\u00e0 ch\u1ee7 \u0111\u1ec1 n\u00f3ng h\u1ed5i khi m\u1ee9c t\u0103ng gi\u00e1 h\u00e0ng h\u00f3a v\u00e0 d\u1ecbch v\u1ee5 v\u1eabn duy tr\u00ec \u1edf m\u1ee9c cao. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>1. Th\u1ef1c tr\u1ea1ng l\u1ea1m ph\u00e1t M\u1ef9 n\u0103m 2024<\/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\/USA-inflation-rising-EquityRT-1024x683.jpg\" alt=\"\" class=\"wp-image-1000\" srcset=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/USA-inflation-rising-EquityRT-1024x683.jpg 1024w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/USA-inflation-rising-EquityRT-300x200.jpg 300w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/USA-inflation-rising-EquityRT-768x512.jpg 768w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/USA-inflation-rising-EquityRT-1536x1024.jpg 1536w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/USA-inflation-rising-EquityRT-600x400.jpg 600w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/USA-inflation-rising-EquityRT.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>T\u1ef7 l\u1ec7 l\u1ea1m ph\u00e1t M\u1ef9<\/strong><\/li>\n<\/ul>\n\n\n\n<p>N\u0103m 2024, t\u1ef7 l\u1ec7 <a href=\"https:\/\/theblock101.com\/lam-phat-la-gi\" title=\"\">l\u1ea1m ph\u00e1t<\/a> t\u1ea1i M\u1ef9 ti\u1ebfp t\u1ee5c duy tr\u00ec \u1edf m\u1ee9c cao, dao \u0111\u1ed9ng t\u1eeb 3% \u0111\u1ebfn 4% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc. \u0110\u00e2y l\u00e0 m\u1ee9c l\u1ea1m ph\u00e1t cao h\u01a1n so v\u1edbi m\u1ee5c ti\u00eau 2% m\u00e0 <a href=\"https:\/\/theblock101.com\/fed-la-gi\" title=\"\">C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 (Fed)<\/a> \u0111\u00e3 \u0111\u1eb7t ra. M\u1eb7c d\u00f9 t\u1ef7 l\u1ec7 l\u1ea1m ph\u00e1t \u0111\u00e3 gi\u1ea3m nh\u1eb9 so v\u1edbi n\u0103m 2023, nh\u01b0ng v\u1eabn c\u00f2n xa so v\u1edbi m\u1ee9c \u1ed5n \u0111\u1ecbnh m\u00e0 Fed mong mu\u1ed1n.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Gi\u00e1 c\u1ea3 h\u00e0ng h\u00f3a v\u00e0 d\u1ecbch v\u1ee5<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Gi\u00e1 c\u1ea3 c\u1ee7a c\u00e1c m\u1eb7t h\u00e0ng thi\u1ebft y\u1ebfu nh\u01b0 th\u1ef1c ph\u1ea9m, n\u0103ng l\u01b0\u1ee3ng v\u00e0 nh\u00e0 \u1edf ti\u1ebfp t\u1ee5c t\u0103ng. M\u1eb7c d\u00f9 v\u1edbi x\u0103ng d\u1ea7u c\u00f3 s\u1ef1 gi\u1ea3m nh\u1eb9, nh\u01b0ng v\u1eabn \u1edf m\u1ee9c cao, g\u00e2y \u00e1p l\u1ef1c l\u1edbn l\u00ean chi ph\u00ed v\u1eadn chuy\u1ec3n v\u00e0 s\u1ea3n xu\u1ea5t.<\/p>\n\n\n\n<p> Th\u1ef1c ph\u1ea9m, \u0111\u1eb7c bi\u1ec7t l\u00e0 c\u00e1c s\u1ea3n ph\u1ea9m t\u01b0\u01a1i s\u1ed1ng, c\u0169ng ghi nh\u1eadn m\u1ee9c t\u0103ng gi\u00e1 \u0111\u00e1ng k\u1ec3 do \u1ea3nh h\u01b0\u1edfng t\u1eeb chi ph\u00ed v\u1eadn chuy\u1ec3n v\u00e0 thi\u1ebfu h\u1ee5t ngu\u1ed3n cung.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 v\u00e0 ch\u00ednh s\u00e1ch t\u00e0i kh\u00f3a<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Fed \u0111\u00e3 duy tr\u00ec ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 th\u1eaft ch\u1eb7t trong su\u1ed1t n\u0103m 2024, v\u1edbi vi\u1ec7c t\u0103ng l\u00e3i su\u1ea5t \u0111\u1ec3 ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t. <\/p>\n\n\n\n<p>Tuy nhi\u00ean, t\u00e1c \u0111\u1ed9ng c\u1ee7a c\u00e1c \u0111\u1ee3t t\u0103ng l\u00e3i su\u1ea5t n\u00e0y \u0111\u1ebfn l\u1ea1m ph\u00e1t v\u1eabn c\u00f2n ch\u1eadm, trong khi \u0111\u00f3 l\u1ea1i g\u00e2y ra lo ng\u1ea1i v\u1ec1 kh\u1ea3 n\u0103ng <a href=\"https:\/\/theblock101.com\/rui-ro-suy-thoai-tai-chinh\" title=\"\">kinh t\u1ebf suy tho\u00e1i<\/a>. C\u00e1c ch\u00ednh s\u00e1ch t\u00e0i kh\u00f3a c\u1ee7a ch\u00ednh ph\u1ee7 c\u0169ng b\u1ecb gi\u1edbi h\u1ea1n b\u1edfi t\u00ecnh tr\u1ea1ng n\u1ee3 c\u00f4ng cao v\u00e0 \u00e1p l\u1ef1c ph\u1ea3i c\u1eaft gi\u1ea3m chi ti\u00eau.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>2. Nguy\u00ean nh\u00e2n ch\u00ednh d\u1eabn \u0111\u1ebfn l\u1ea1m ph\u00e1t M\u1ef9 n\u0103m 2024<\/strong><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/2022-07-13T221721Z_1513607492_RC28BV9A0YGT_RTRMADP_3_USA-INFLATION-1024x683-1.jpg\" alt=\"\" class=\"wp-image-1001\" srcset=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/2022-07-13T221721Z_1513607492_RC28BV9A0YGT_RTRMADP_3_USA-INFLATION-1024x683-1.jpg 1024w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/2022-07-13T221721Z_1513607492_RC28BV9A0YGT_RTRMADP_3_USA-INFLATION-1024x683-1-300x200.jpg 300w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/2022-07-13T221721Z_1513607492_RC28BV9A0YGT_RTRMADP_3_USA-INFLATION-1024x683-1-768x512.jpg 768w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/2022-07-13T221721Z_1513607492_RC28BV9A0YGT_RTRMADP_3_USA-INFLATION-1024x683-1-600x400.jpg 600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">A resident buys strawberries at a local market, in downtown San Francisco, California, U.S., July 13, 2022. REUTERS\/Carlos Barria<\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\">2.1 <strong>H\u1eadu qu\u1ea3 t\u1eeb ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 m\u1edf r\u1ed9ng trong giai \u0111o\u1ea1n tr\u01b0\u1edbc<\/strong><\/h3>\n\n\n\n<p>Sau cu\u1ed9c kh\u1ee7ng ho\u1ea3ng kinh t\u1ebf do \u0111\u1ea1i d\u1ecbch COVID-19, C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 (Fed) \u0111\u00e3 th\u1ef1c hi\u1ec7n ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 n\u1edbi l\u1ecfng \u0111\u1ec3 k\u00edch th\u00edch kinh t\u1ebf. Vi\u1ec7c b\u01a1m ti\u1ec1n v\u00e0o n\u1ec1n kinh t\u1ebf th\u00f4ng qua ch\u01b0\u01a1ng tr\u00ecnh mua tr\u00e1i phi\u1ebfu quy m\u00f4 l\u1edbn v\u00e0 l\u00e3i su\u1ea5t th\u1ea5p \u0111\u00e3 g\u00f3p ph\u1ea7n t\u0103ng c\u01b0\u1eddng ti\u00eau d\u00f9ng v\u00e0 \u0111\u1ea7u t\u01b0. <\/p>\n\n\n\n<p>Tuy nhi\u00ean, \u0111i\u1ec1u n\u00e0y c\u0169ng d\u1eabn \u0111\u1ebfn s\u1ef1 gia t\u0103ng \u00e1p l\u1ef1c l\u1ea1m ph\u00e1t khi l\u01b0\u1ee3ng ti\u1ec1n l\u01b0u th\u00f4ng t\u0103ng nhanh h\u01a1n so v\u1edbi s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a h\u00e0ng h\u00f3a v\u00e0 d\u1ecbch v\u1ee5.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2.2 <strong>Gi\u00e1 nguy\u00ean li\u1ec7u v\u00e0 n\u0103ng l\u01b0\u1ee3ng t\u0103ng cao<\/strong><\/h3>\n\n\n\n<p>M\u1eb7c d\u00f9 gi\u00e1 d\u1ea7u th\u00f4 \u0111\u00e3 gi\u1ea3m t\u1eeb m\u1ee9c \u0111\u1ec9nh cao trong n\u0103m 2022 v\u00e0 2023, nh\u01b0ng chi ph\u00ed n\u0103ng l\u01b0\u1ee3ng v\u1eabn \u1edf m\u1ee9c cao do nhu c\u1ea7u to\u00e0n c\u1ea7u t\u0103ng tr\u1edf l\u1ea1i sau \u0111\u1ea1i d\u1ecbch. C\u00e1c cu\u1ed9c xung \u0111\u1ed9t \u0111\u1ecba ch\u00ednh tr\u1ecb, \u0111\u1eb7c bi\u1ec7t l\u00e0 \u1edf Trung \u0110\u00f4ng v\u00e0 \u0110\u00f4ng \u00c2u, c\u0169ng \u0111\u00e3 g\u00f3p ph\u1ea7n \u0111\u1ea9y gi\u00e1 n\u0103ng l\u01b0\u1ee3ng l\u00ean cao.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2.3 <strong>\u0110\u1ee9t g\u00e3y chu\u1ed7i cung \u1ee9ng<\/strong><\/h3>\n\n\n\n<p>\u0110\u1ea1i d\u1ecbch COVID-19 v\u00e0 c\u00e1c bi\u1ec7n ph\u00e1p ph\u00f2ng ch\u1ed1ng d\u1ecbch \u0111\u00e3 l\u00e0m gi\u00e1n \u0111o\u1ea1n chu\u1ed7i cung \u1ee9ng to\u00e0n c\u1ea7u, g\u00e2y thi\u1ebfu h\u1ee5t nguy\u00ean li\u1ec7u v\u00e0 h\u00e0ng h\u00f3a. M\u1eb7c d\u00f9 c\u00e1c chu\u1ed7i cung \u1ee9ng \u0111\u00e3 d\u1ea7n h\u1ed3i ph\u1ee5c, nh\u01b0ng c\u00e1c v\u1ea5n \u0111\u1ec1 nh\u01b0 t\u1eafc ngh\u1ebdn t\u1ea1i c\u00e1c c\u1ea3ng v\u00e0 thi\u1ebfu h\u1ee5t lao \u0111\u1ed9ng v\u1eabn ti\u1ebfp t\u1ee5c k\u00e9o d\u00e0i, l\u00e0m t\u0103ng chi ph\u00ed s\u1ea3n xu\u1ea5t v\u00e0 v\u1eadn chuy\u1ec3n.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2.4 <strong>Ch\u00ednh s\u00e1ch k\u00edch th\u00edch kinh t\u1ebf<\/strong><\/h3>\n\n\n\n<p>C\u00e1c g\u00f3i k\u00edch th\u00edch kinh t\u1ebf l\u1edbn t\u1eeb ch\u00ednh ph\u1ee7 trong nh\u1eefng n\u0103m tr\u01b0\u1edbc \u0111\u00e3 d\u1eabn \u0111\u1ebfn l\u01b0\u1ee3ng ti\u1ec1n t\u1ec7 l\u01b0u th\u00f4ng trong n\u1ec1n kinh t\u1ebf t\u0103ng cao. \u0110i\u1ec1u n\u00e0y, k\u1ebft h\u1ee3p v\u1edbi nhu c\u1ea7u ti\u00eau d\u00f9ng t\u0103ng m\u1ea1nh sau \u0111\u1ea1i d\u1ecbch, \u0111\u00e3 \u0111\u1ea9y gi\u00e1 c\u1ea3 h\u00e0ng h\u00f3a v\u00e0 d\u1ecbch v\u1ee5 l\u00ean cao.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2.5 <strong>Th\u1ecb tr\u01b0\u1eddng lao \u0111\u1ed9ng<\/strong><\/h3>\n\n\n\n<p>Th\u1ecb tr\u01b0\u1eddng lao \u0111\u1ed9ng t\u1ea1i M\u1ef9 v\u1eabn duy tr\u00ec s\u1ef1 th\u1eaft ch\u1eb7t v\u1edbi t\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p th\u1ea5p. \u0110i\u1ec1u n\u00e0y \u0111\u00e3 t\u1ea1o \u00e1p l\u1ef1c t\u0103ng l\u01b0\u01a1ng, \u0111\u1eb7c bi\u1ec7t trong c\u00e1c ng\u00e0nh d\u1ecbch v\u1ee5 v\u00e0 s\u1ea3n xu\u1ea5t. M\u1eb7c d\u00f9 t\u0103ng l\u01b0\u01a1ng c\u00f3 l\u1ee3i cho ng\u01b0\u1eddi lao \u0111\u1ed9ng, nh\u01b0ng n\u00f3 l\u1ea1i l\u00e0 m\u1ed9t y\u1ebfu t\u1ed1 \u0111\u1ea9y gi\u00e1 c\u1ea3 h\u00e0ng h\u00f3a v\u00e0 d\u1ecbch v\u1ee5 l\u00ean cao, g\u00f3p ph\u1ea7n v\u00e0o l\u1ea1m ph\u00e1t.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>3. T\u00e1c \u0111\u1ed9ng c\u1ee7a l\u1ea1m ph\u00e1t M\u1ef9 \u0111\u1ebfn kinh t\u1ebf v\u00e0 x\u00e3 h\u1ed9i <\/strong><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"767\" height=\"511\" src=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/image-1.png\" alt=\"\" class=\"wp-image-1003\" srcset=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/image-1.png 767w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/image-1-300x200.png 300w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/image-1-600x400.png 600w\" sizes=\"auto, (max-width: 767px) 100vw, 767px\" \/><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\">3.1 <strong>\u0110\u1eddi s\u1ed1ng ng\u01b0\u1eddi d\u00e2n<\/strong><\/h3>\n\n\n\n<p>L\u1ea1m ph\u00e1t cao l\u00e0m gi\u1ea3m s\u1ee9c mua c\u1ee7a ng\u01b0\u1eddi d\u00e2n, \u0111\u1eb7c bi\u1ec7t l\u00e0 nh\u1eefng ng\u01b0\u1eddi c\u00f3 thu nh\u1eadp c\u1ed1 \u0111\u1ecbnh nh\u01b0 ng\u01b0\u1eddi v\u1ec1 h\u01b0u v\u00e0 nh\u1eefng ng\u01b0\u1eddi lao \u0111\u1ed9ng l\u01b0\u01a1ng th\u1ea5p. Khi gi\u00e1 c\u1ea3 h\u00e0ng h\u00f3a v\u00e0 d\u1ecbch v\u1ee5 t\u0103ng, c\u00e1c h\u1ed9 gia \u0111\u00ecnh ph\u1ea3i \u0111i\u1ec1u ch\u1ec9nh chi ti\u00eau, c\u1eaft gi\u1ea3m nh\u1eefng nhu c\u1ea7u kh\u00f4ng c\u1ea7n thi\u1ebft, th\u1eadm ch\u00ed l\u00e0 nh\u1eefng nhu c\u1ea7u c\u01a1 b\u1ea3n.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3.2 <strong>T\u0103ng tr\u01b0\u1edfng kinh t\u1ebf<\/strong><\/h3>\n\n\n\n<p>L\u1ea1m ph\u00e1t cao c\u00f9ng v\u1edbi l\u00e3i su\u1ea5t cao c\u00f3 th\u1ec3 l\u00e0m ch\u1eadm t\u1ed1c \u0111\u1ed9 t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf. C\u00e1c doanh nghi\u1ec7p \u0111\u1ed1i m\u1eb7t v\u1edbi chi ph\u00ed cao h\u01a1n, khi\u1ebfn cho vi\u1ec7c \u0111\u1ea7u t\u01b0 m\u1edf r\u1ed9ng s\u1ea3n xu\u1ea5t kinh doanh tr\u1edf n\u00ean kh\u00f3 kh\u0103n. Ng\u01b0\u1eddi ti\u00eau d\u00f9ng c\u0169ng tr\u1edf n\u00ean th\u1eadn tr\u1ecdng h\u01a1n trong chi ti\u00eau, d\u1eabn \u0111\u1ebfn suy gi\u1ea3m nhu c\u1ea7u ti\u00eau d\u00f9ng, m\u1ed9t trong nh\u1eefng \u0111\u1ed9ng l\u1ef1c ch\u00ednh c\u1ee7a t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3.3 <strong>Th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh<\/strong><\/h3>\n\n\n\n<p>Th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh M\u1ef9 \u0111\u00e3 tr\u1ea3i qua nhi\u1ec1u bi\u1ebfn \u0111\u1ed9ng trong n\u0103m 2024 do lo ng\u1ea1i v\u1ec1 l\u1ea1m ph\u00e1t cao v\u00e0 l\u00e3i su\u1ea5t t\u0103ng. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 tr\u1edf n\u00ean th\u1eadn tr\u1ecdng h\u01a1n, d\u1eabn \u0111\u1ebfn s\u1ef1 suy gi\u1ea3m c\u1ee7a c\u00e1c ch\u1ec9 s\u1ed1 ch\u1ee9ng kho\u00e1n v\u00e0 s\u1ef1 d\u1ecbch chuy\u1ec3n d\u00f2ng ti\u1ec1n sang c\u00e1c k\u00eanh \u0111\u1ea7u t\u01b0 an to\u00e0n nh\u01b0 v\u00e0ng v\u00e0 tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3.4 <strong>Ch\u00ednh s\u00e1ch kinh t\u1ebf<\/strong><\/h3>\n\n\n\n<p>Ch\u00ednh ph\u1ee7 M\u1ef9 \u0111ang \u0111\u1ee9ng tr\u01b0\u1edbc nh\u1eefng th\u00e1ch th\u1ee9c l\u1edbn trong vi\u1ec7c c\u00e2n b\u1eb1ng gi\u1eefa vi\u1ec7c ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t v\u00e0 duy tr\u00ec t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf. C\u00e1c bi\u1ec7n ph\u00e1p th\u1eaft ch\u1eb7t ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 c\u1ee7a Fed tuy \u0111\u00e3 c\u00f3 hi\u1ec7u qu\u1ea3 nh\u1ea5t \u0111\u1ecbnh trong vi\u1ec7c ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t, nh\u01b0ng l\u1ea1i t\u1ea1o ra r\u1ee7i ro v\u1ec1 suy tho\u00e1i kinh t\u1ebf. <\/p>\n\n\n\n<p>Trong khi \u0111\u00f3, c\u00e1c bi\u1ec7n ph\u00e1p t\u00e0i kh\u00f3a b\u1ecb h\u1ea1n ch\u1ebf b\u1edfi t\u00ecnh tr\u1ea1ng n\u1ee3 c\u00f4ng cao, khi\u1ebfn cho ch\u00ednh ph\u1ee7 kh\u00f3 c\u00f3 th\u1ec3 th\u1ef1c hi\u1ec7n c\u00e1c ch\u01b0\u01a1ng tr\u00ecnh k\u00edch th\u00edch kinh t\u1ebf m\u1edbi.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>4. Tri\u1ec3n v\u1ecdng v\u00e0 c\u00e1c bi\u1ec7n ph\u00e1p ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t M\u1ef9 trong n\u0103m 2024<\/strong><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"697\" src=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/fbe5f8c2-174d-4910-95e9-182c357f517b-1024x697.jpg\" alt=\"\" class=\"wp-image-1004\" srcset=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/fbe5f8c2-174d-4910-95e9-182c357f517b-1024x697.jpg 1024w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/fbe5f8c2-174d-4910-95e9-182c357f517b-300x204.jpg 300w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/fbe5f8c2-174d-4910-95e9-182c357f517b-768x523.jpg 768w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/fbe5f8c2-174d-4910-95e9-182c357f517b-1536x1046.jpg 1536w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/fbe5f8c2-174d-4910-95e9-182c357f517b-2048x1395.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p>Trong b\u1ed1i c\u1ea3nh l\u1ea1m ph\u00e1t cao, ch\u00ednh ph\u1ee7 v\u00e0 Fed s\u1ebd ph\u1ea3i th\u1ef1c hi\u1ec7n nhi\u1ec1u bi\u1ec7n ph\u00e1p \u0111\u1ec3 ki\u1ec3m so\u00e1t v\u00e0 gi\u1ea3m thi\u1ec3u t\u00e1c \u0111\u1ed9ng ti\u00eau c\u1ef1c c\u1ee7a l\u1ea1m ph\u00e1t \u0111\u1ed1i v\u1edbi n\u1ec1n kinh t\u1ebf.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4.1 <strong>Ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 ch\u1eb7t ch\u1ebd<\/strong><\/h3>\n\n\n\n<p>M\u1ed9t trong nh\u1eefng bi\u1ec7n ph\u00e1p ch\u00ednh \u0111\u1ec3 ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t l\u00e0 th\u1eaft ch\u1eb7t ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7. Fed c\u00f3 th\u1ec3 s\u1ebd ti\u1ebfp t\u1ee5c t\u0103ng l\u00e3i su\u1ea5t \u0111\u1ec3 gi\u1ea3m l\u01b0\u1ee3ng ti\u1ec1n l\u01b0u th\u00f4ng trong n\u1ec1n kinh t\u1ebf v\u00e0 ki\u1ec1m ch\u1ebf s\u1ef1 t\u0103ng gi\u00e1. Tuy nhi\u00ean, \u0111i\u1ec1u n\u00e0y c\u0169ng \u0111i k\u00e8m v\u1edbi r\u1ee7i ro l\u00e0m ch\u1eadm t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4.2 <strong>Ki\u1ec3m so\u00e1t gi\u00e1 n\u0103ng l\u01b0\u1ee3ng v\u00e0 nguy\u00ean li\u1ec7u<\/strong><\/h3>\n\n\n\n<p>Ch\u00ednh ph\u1ee7 M\u1ef9 c\u00f3 th\u1ec3 tri\u1ec3n khai c\u00e1c bi\u1ec7n ph\u00e1p ki\u1ec3m so\u00e1t gi\u00e1 n\u0103ng l\u01b0\u1ee3ng v\u00e0 nguy\u00ean li\u1ec7u \u0111\u1ec3 gi\u1ea3m \u00e1p l\u1ef1c l\u1ea1m ph\u00e1t. Vi\u1ec7c ph\u00e1t tri\u1ec3n c\u00e1c ngu\u1ed3n n\u0103ng l\u01b0\u1ee3ng thay th\u1ebf v\u00e0 t\u0103ng c\u01b0\u1eddng s\u1ea3n xu\u1ea5t trong n\u01b0\u1edbc c\u0169ng l\u00e0 m\u1ed9t h\u01b0\u1edbng \u0111i ti\u1ec1m n\u0103ng \u0111\u1ec3 gi\u1ea3m b\u1edbt s\u1ef1 ph\u1ee5 thu\u1ed9c v\u00e0o nh\u1eadp kh\u1ea9u.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4.3 <strong>T\u0103ng c\u01b0\u1eddng h\u1ed7 tr\u1ee3 cho c\u00e1c t\u1ea7ng l\u1edbp thu nh\u1eadp th\u1ea5p<\/strong><\/h3>\n\n\n\n<p>\u0110\u1ec3 gi\u1ea3m thi\u1ec3u t\u00e1c \u0111\u1ed9ng c\u1ee7a l\u1ea1m ph\u00e1t \u0111\u1ed1i v\u1edbi c\u00e1c t\u1ea7ng l\u1edbp thu nh\u1eadp th\u1ea5p, ch\u00ednh ph\u1ee7 c\u00f3 th\u1ec3 tri\u1ec3n khai c\u00e1c ch\u01b0\u01a1ng tr\u00ecnh h\u1ed7 tr\u1ee3 t\u00e0i ch\u00ednh, tr\u1ee3 c\u1ea5p th\u1ef1c ph\u1ea9m v\u00e0 ch\u0103m s\u00f3c s\u1ee9c kh\u1ecfe. C\u00e1c bi\u1ec7n ph\u00e1p n\u00e0y kh\u00f4ng ch\u1ec9 gi\u00fap \u1ed5n \u0111\u1ecbnh \u0111\u1eddi s\u1ed1ng c\u1ee7a ng\u01b0\u1eddi d\u00e2n m\u00e0 c\u00f2n gi\u1ea3m b\u1edbt b\u1ea5t \u1ed5n x\u00e3 h\u1ed9i.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4.4 <strong>Ph\u00e1t tri\u1ec3n c\u00e1c chi\u1ebfn l\u01b0\u1ee3c d\u00e0i h\u1ea1n cho chu\u1ed7i cung \u1ee9ng<\/strong><\/h3>\n\n\n\n<p>\u0110\u1ec3 \u0111\u1ed1i ph\u00f3 v\u1edbi c\u00e1c v\u1ea5n \u0111\u1ec1 v\u1ec1 chu\u1ed7i cung \u1ee9ng, ch\u00ednh ph\u1ee7 v\u00e0 c\u00e1c doanh nghi\u1ec7p c\u1ea7n ph\u00e1t tri\u1ec3n c\u00e1c chi\u1ebfn l\u01b0\u1ee3c d\u00e0i h\u1ea1n nh\u01b0 \u0111a d\u1ea1ng h\u00f3a ngu\u1ed3n cung, t\u0103ng c\u01b0\u1eddng s\u1ea3n xu\u1ea5t trong n\u01b0\u1edbc v\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0o c\u00f4ng ngh\u1ec7 s\u1ea3n xu\u1ea5t ti\u00ean ti\u1ebfn. \u0110i\u1ec1u n\u00e0y s\u1ebd gi\u00fap gi\u1ea3m thi\u1ec3u r\u1ee7i ro v\u00e0 t\u0103ng c\u01b0\u1eddng s\u1ef1 \u1ed5n \u0111\u1ecbnh c\u1ee7a n\u1ec1n kinh t\u1ebf.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>5. D\u1ef1 b\u00e1o l\u1ea1m ph\u00e1t M\u1ef9 trong t\u01b0\u01a1ng lai<\/strong><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"564\" height=\"317\" src=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/GettyImages-1411330785-Inflation.jpeg\" alt=\"\" class=\"wp-image-1005\" srcset=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/GettyImages-1411330785-Inflation.jpeg 564w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/GettyImages-1411330785-Inflation-300x169.jpeg 300w\" sizes=\"auto, (max-width: 564px) 100vw, 564px\" \/><\/figure><\/div>\n\n\n<p>D\u1ef1 b\u00e1o l\u1ea1m ph\u00e1t trong t\u01b0\u01a1ng lai lu\u00f4n l\u00e0 m\u1ed9t b\u00e0i to\u00e1n kh\u00f3, v\u1edbi nhi\u1ec1u bi\u1ebfn s\u1ed1 kh\u00f4ng th\u1ec3 ki\u1ec3m so\u00e1t \u0111\u01b0\u1ee3c. Tuy nhi\u00ean, d\u1ef1a tr\u00ean t\u00ecnh h\u00ecnh hi\u1ec7n t\u1ea1i v\u00e0 c\u00e1c bi\u1ec7n ph\u00e1p \u0111ang \u0111\u01b0\u1ee3c tri\u1ec3n khai, c\u00f3 th\u1ec3 \u0111\u01b0a ra m\u1ed9t s\u1ed1 k\u1ecbch b\u1ea3n cho l\u1ea1m ph\u00e1t M\u1ef9 trong nh\u1eefng n\u0103m t\u1edbi.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>L<strong>\u1ea1c quan:<\/strong> N\u1ebfu c\u00e1c bi\u1ec7n ph\u00e1p ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t hi\u1ec7n t\u1ea1i c\u1ee7a FED hi\u1ec7u qu\u1ea3, c\u00f9ng v\u1edbi vi\u1ec7c ph\u1ee5c h\u1ed3i c\u1ee7a chu\u1ed7i cung \u1ee9ng v\u00e0 \u1ed5n \u0111\u1ecbnh gi\u00e1 n\u0103ng l\u01b0\u1ee3ng, l\u1ea1m ph\u00e1t c\u00f3 th\u1ec3 gi\u1ea3m d\u1ea7n xu\u1ed1ng m\u1ee9c 2-3% v\u00e0o cu\u1ed1i n\u0103m 2024 ho\u1eb7c \u0111\u1ea7u n\u0103m 2025.<\/li>\n\n\n\n<li><strong>Trung b\u00ecnh:<\/strong> Trong tr\u01b0\u1eddng h\u1ee3p l\u1ea1m ph\u00e1t ch\u1ec9 \u0111\u01b0\u1ee3c ki\u1ec3m so\u00e1t m\u1ed9t ph\u1ea7n v\u00e0 c\u00e1c y\u1ebfu t\u1ed1 nh\u01b0 gi\u00e1n \u0111o\u1ea1n chu\u1ed7i cung \u1ee9ng ho\u1eb7c gi\u00e1 n\u0103ng l\u01b0\u1ee3ng ti\u1ebfp t\u1ee5c g\u00e2y \u00e1p l\u1ef1c, l\u1ea1m ph\u00e1t c\u00f3 th\u1ec3 duy tr\u00ec \u1edf m\u1ee9c 4-5% trong su\u1ed1t n\u0103m 2024.<\/li>\n\n\n\n<li><strong>Ti\u00eau c\u1ef1c:<\/strong> N\u1ebfu c\u00e1c bi\u1ec7n ph\u00e1p ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t kh\u00f4ng hi\u1ec7u qu\u1ea3 v\u00e0 c\u00e1c y\u1ebfu t\u1ed1 to\u00e0n c\u1ea7u nh\u01b0 xung \u0111\u1ed9t \u0111\u1ecba ch\u00ednh tr\u1ecb ho\u1eb7c kh\u1ee7ng ho\u1ea3ng n\u0103ng l\u01b0\u1ee3ng ti\u1ebfp t\u1ee5c di\u1ec5n bi\u1ebfn x\u1ea5u, l\u1ea1m ph\u00e1t c\u00f3 th\u1ec3 leo thang l\u00ean m\u1ee9c 6-7% ho\u1eb7c cao h\u01a1n.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>6. K\u1ebft lu\u1eadn<\/strong><\/h2>\n\n\n\n<p>L\u1ea1m ph\u00e1t t\u1ea1i M\u1ef9 n\u0103m 2024 l\u00e0 k\u1ebft qu\u1ea3 c\u1ee7a nhi\u1ec1u y\u1ebfu t\u1ed1 k\u1ebft h\u1ee3p, t\u1eeb chi ph\u00ed n\u0103ng l\u01b0\u1ee3ng cao, \u0111\u1ee9t g\u00e3y chu\u1ed7i cung \u1ee9ng, cho \u0111\u1ebfn c\u00e1c ch\u00ednh s\u00e1ch kinh t\u1ebf c\u1ee7a ch\u00ednh ph\u1ee7. <\/p>\n\n\n\n<p>D\u00f9 \u0111\u00e3 c\u00f3 nh\u1eefng d\u1ea5u hi\u1ec7u gi\u1ea3m nh\u1eb9, nh\u01b0ng l\u1ea1m ph\u00e1t v\u1eabn ti\u1ebfp t\u1ee5c g\u00e2y \u00e1p l\u1ef1c l\u1edbn l\u00ean n\u1ec1n kinh t\u1ebf v\u00e0 \u0111\u1eddi s\u1ed1ng ng\u01b0\u1eddi d\u00e2n. Trong th\u1eddi gian t\u1edbi, vi\u1ec7c c\u00e2n b\u1eb1ng gi\u1eefa ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t v\u00e0 duy tr\u00ec t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf s\u1ebd l\u00e0 m\u1ed9t th\u00e1ch th\u1ee9c l\u1edbn \u0111\u1ed1i v\u1edbi ch\u00ednh ph\u1ee7 M\u1ef9 v\u00e0 Fed.<\/p>\n\n\n\n<p><strong>\u0110\u1ecdc th\u00eam:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/theblock101.com\/stagflation-la-gi\" title=\"\">Stagflation (l\u1ea1m ph\u00e1t \u0111\u00ecnh tr\u1ec7) l\u00e0 g\u00ec? T\u00e1c \u0111\u1ed9ng c\u1ee7a Stagflation trong th\u1ecb tr\u01b0\u1eddng crypto<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/theblock101.com\/cpi-la-gi\" title=\"\">CPI l\u00e0 g\u00ec? S\u1ef1 \u1ea3nh h\u01b0\u1edfng c\u1ee7a ch\u1ec9 s\u1ed1 CPI \u0111\u1ebfn n\u1ec1n kinh t\u1ebf v\u00e0 th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/theblock101.com\/rui-ro-suy-thoai-tai-chinh\" title=\"\">R\u1ee7i ro suy tho\u00e1i t\u00e0i ch\u00ednh, nh\u00e0 \u0111\u1ea7u t\u01b0 Crypto c\u1ea7n chu\u1ea9n b\u1ecb nh\u1eefng g\u00ec?<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>L\u1ea1m ph\u00e1t l\u00e0 m\u1ed9t trong nh\u1eefng y\u1ebfu t\u1ed1 kinh t\u1ebf quan tr\u1ecdng, \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn m\u1ecdi m\u1eb7t c\u1ee7a n\u1ec1n kinh t\u1ebf. N\u0103m 2024, l\u1ea1m ph\u00e1t M\u1ef9 ti\u1ebfp t\u1ee5c l\u00e0 ch\u1ee7 \u0111\u1ec1 n\u00f3ng h\u1ed5i khi m\u1ee9c t\u0103ng gi\u00e1 h\u00e0ng h\u00f3a v\u00e0 d\u1ecbch v\u1ee5 v\u1eabn duy tr\u00ec \u1edf m\u1ee9c cao. 1. Th\u1ef1c tr\u1ea1ng l\u1ea1m ph\u00e1t&#8230;<\/p>\n","protected":false},"author":3,"featured_media":1000,"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":[],"class_list":["post-993","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kinh-te-the-gioi"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/09\/USA-inflation-rising-EquityRT.jpg","_links":{"self":[{"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=\/wp\/v2\/posts\/993","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=993"}],"version-history":[{"count":6,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=\/wp\/v2\/posts\/993\/revisions"}],"predecessor-version":[{"id":1006,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=\/wp\/v2\/posts\/993\/revisions\/1006"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=\/wp\/v2\/media\/1000"}],"wp:attachment":[{"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}