{"id":9878,"date":"2026-05-11T15:24:10","date_gmt":"2026-05-11T07:24:10","guid":{"rendered":"https:\/\/www.kpai1.cn\/?p=9878"},"modified":"2026-05-11T15:24:14","modified_gmt":"2026-05-11T07:24:14","slug":"%e7%a9%bf%e9%80%8f%e9%9d%9e%e5%86%9c%e6%95%b0%e6%8d%ae%e8%bf%b7%e9%9b%be%ef%bc%9awmax-%e8%a7%a3%e8%af%bb%e7%be%8e%e5%9b%bd%e5%b0%b1%e4%b8%9a%e7%9c%9f%e7%9b%b8%e4%b8%8e%e9%bb%84%e9%87%91%e5%ae%9a","status":"publish","type":"post","link":"https:\/\/www.kpai1.cn\/vi\/luu-tru\/9878","title":{"rendered":"V\u01b0\u1ee3t qua l\u00e0n s\u01b0\u01a1ng m\u00f9 d\u1eef li\u1ec7u phi n\u00f4ng nghi\u1ec7p: Wmax di\u1ec5n gi\u1ea3i s\u1ef1 th\u1eadt v\u1ec1 vi\u1ec7c l\u00e0m \u1edf Hoa K\u1ef3 v\u00e0 logic \u0111\u1ecbnh gi\u00e1 v\u00e0ng"},"content":{"rendered":"

Nh\u00f3m nghi\u00ean c\u1ee9u v\u0129 m\u00f4 c\u1ee7a Wmax tin r\u1eb1ng b\u00e1o c\u00e1o vi\u1ec7c l\u00e0m phi n\u00f4ng nghi\u1ec7p th\u00e1ng 4 c\u1ee7a Hoa K\u1ef3 \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 v\u00e0o th\u1ee9 S\u00e1u tu\u1ea7n tr\u01b0\u1edbc l\u00e0 m\u1ed9t \"d\u1eef li\u1ec7u hai m\u1eb7t\" r\u1ea5t kh\u00f3 hi\u1ec3u - nh\u00ecn b\u1ec1 ngo\u00e0i, 115.000 vi\u1ec7c l\u00e0m m\u1edbi cao h\u01a1n nhi\u1ec1u so v\u1edbi k\u1ef3 v\u1ecdng c\u1ee7a th\u1ecb tr\u01b0\u1eddng l\u00e0 62.000, \u0111\u1ea1t \u0111\u01b0\u1ee3c hai th\u00e1ng t\u0103ng tr\u01b0\u1edfng li\u00ean ti\u1ebfp l\u1ea7n \u0111\u1ea7u ti\u00ean trong n\u0103m qua v\u00e0 t\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p \u1ed5n \u0111\u1ecbnh \u1edf m\u1ee9c t\u01b0\u01a1ng \u0111\u1ed1i th\u1ea5p l\u00e0 4,3%; nh\u01b0ng khi b\u00f3c t\u00e1ch d\u1eef li\u1ec7u t\u1ed5ng th\u1ec3, nh\u1eefng lo l\u1eafng v\u1ec1 c\u01a1 c\u1ea5u c\u1ee7a th\u1ecb tr\u01b0\u1eddng lao \u0111\u1ed9ng M\u1ef9 \u0111\u00e3 ho\u00e0n to\u00e0n xu\u1ea5t hi\u1ec7n, \u0111\u00f3 l\u00e0 l\u00fd do t\u1ea1i sao v\u00e0ng b\u1ecf qua m\u1ee9c t\u0103ng ng\u1eafn h\u1ea1n \"danh ngh\u0129a t\u00edch c\u1ef1c\". 20 \u0111\u00f4 la, nguy\u00ean nh\u00e2n c\u1ed1t l\u00f5i khi\u1ebfn ch\u1ec9 s\u1ed1 \u0111\u00f4 la M\u1ef9 gi\u1ea3m nh\u1eb9. T\u00edn hi\u1ec7u cu\u1ed1i c\u00f9ng m\u00e0 b\u00e1o c\u00e1o n\u00e0y g\u1eedi \u0111\u1ebfn l\u00e0 c\u1ef1c k\u1ef3 r\u00f5 r\u00e0ng: n\u1ec1n kinh t\u1ebf M\u1ef9 \u0111ang \u1edf trong t\u00ecnh tr\u1ea1ng c\u00e2n b\u1eb1ng mong manh \"c\u00f3 v\u1ebb \u1ed5n \u0111\u1ecbnh nh\u01b0ng th\u1ef1c ra l\u00e0 y\u1ebfu\", v\u00e0 quan \u0111i\u1ec3m ch\u00ednh s\u00e1ch gi\u1eef nguy\u00ean trong n\u0103m c\u1ee7a Fed v\u1ec1 c\u01a1 b\u1ea3n \u0111\u00e3 b\u1ecb kh\u00f3a.<\/p>\n

\u201c\u0110\u1ed9 \u1ea9m\u201d d\u1eef li\u1ec7u phi n\u00f4ng nghi\u1ec7p: T\u1ed5ng s\u1ed1 v\u01b0\u1ee3t qu\u00e1 mong \u0111\u1ee3i v\u00e0 kh\u00f4ng che gi\u1ea5u \u0111\u01b0\u1ee3c s\u1ef1 suy tho\u00e1i c\u1ee7a c\u01a1 c\u1ea5u<\/h2>\n

Nh\u00f3m Wmax lu\u00f4n nh\u1ea5n m\u1ea1nh r\u1eb1ng vi\u1ec7c \u0111\u00e1nh gi\u00e1 s\u1ee9c kh\u1ecfe c\u1ee7a th\u1ecb tr\u01b0\u1eddng lao \u0111\u1ed9ng kh\u00f4ng th\u1ec3 ch\u1ec9 nh\u00ecn v\u00e0o d\u1eef li\u1ec7u vi\u1ec7c l\u00e0m m\u1edbi v\u00e0 t\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p m\u00e0 ph\u1ea3i k\u1ebft h\u1ee3p s\u1eeda \u0111\u1ed5i d\u1eef li\u1ec7u, kh\u1ea3o s\u00e1t h\u1ed9 gia \u0111\u00ecnh v\u00e0 c\u01a1 c\u1ea5u ng\u00e0nh \u0111\u1ec3 ph\u00e2n t\u00edch \u0111a chi\u1ec1u. Trong b\u00e1o c\u00e1o n\u00e0y, vi\u1ec7c \u0111i\u1ec1u ch\u1ec9nh d\u1eef li\u1ec7u c\u1ee7a C\u1ee5c Th\u1ed1ng k\u00ea Lao \u0111\u1ed9ng Hoa K\u1ef3 trong hai th\u00e1ng \u0111\u1ea7u ti\u00ean \u0111\u00e3 cho th\u1ea5y \u0111\u00e0 suy gi\u1ea3m nh\u1eb9 c\u1ee7a \u0111\u00e0 vi\u1ec7c l\u00e0m: s\u1ed1 vi\u1ec7c l\u00e0m phi n\u00f4ng nghi\u1ec7p trong th\u00e1ng 2 \u0111\u00e3 \u0111\u01b0\u1ee3c \u0111i\u1ec1u ch\u1ec9nh gi\u1ea3m 23.000 xu\u1ed1ng m\u1ee9c gi\u1ea3m 156.000. M\u1eb7c d\u00f9 th\u00e1ng 3 \u0111\u00e3 \u0111\u01b0\u1ee3c \u0111i\u1ec1u ch\u1ec9nh t\u0103ng th\u00eam 7.000 l\u00ean 185.000, nh\u01b0ng t\u1ed5ng s\u1ed1 ti\u1ec1n trong hai th\u00e1ng v\u1eabn th\u1ea5p h\u01a1n 16.000 so v\u1edbi gi\u00e1 tr\u1ecb ban \u0111\u1ea7u. S\u1ef1 suy gi\u1ea3m d\u1eef li\u1ec7u vi\u1ec7c l\u00e0m trong th\u00e1ng 2 v\u01b0\u1ee3t xa nh\u1eefng g\u00ec th\u1ecb tr\u01b0\u1eddng \u0111\u00e3 nh\u1eadn ra tr\u01b0\u1edbc \u0111\u00f3.<\/p>\n

\"\u0110\u00e1nh<\/p>\n

\u0110i\u1ec1u \u0111\u00e1ng ph\u1ea3i c\u1ea3nh gi\u00e1c h\u01a1n l\u00e0 t\u00edn hi\u1ec7u \u201csuy tho\u00e1i ti\u1ec1m \u1ea9n\u201d \u0111\u01b0\u1ee3c truy\u1ec1n t\u1ea3i qua c\u00e1c cu\u1ed9c kh\u1ea3o s\u00e1t h\u1ed9 gia \u0111\u00ecnh. Ngay t\u1eeb th\u00e1ng 3, nh\u00f3m v\u0129 m\u00f4 Wmax \u0111\u00e3 \u0111\u1ec1 xu\u1ea5t trong b\u00e1o c\u00e1o chi\u1ebfn l\u01b0\u1ee3c h\u00e0ng th\u00e1ng c\u1ee7a m\u00ecnh r\u1eb1ng t\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p \u1edf m\u1ee9c \"\u1ed5n \u0111\u1ecbnh th\u1ea5p\" \u1edf Hoa K\u1ef3 \u0111ang b\u1ecb v\u01b0\u1ee3t qu\u00e1 m\u1ee9c do t\u1ef7 l\u1ec7 tham gia l\u1ef1c l\u01b0\u1ee3ng lao \u0111\u1ed9ng gi\u1ea3m. D\u1eef li\u1ec7u n\u00e0y ch\u1ec9 x\u00e1c nh\u1eadn nh\u1eadn \u0111\u1ecbnh n\u00e0y: s\u1ed1 ng\u01b0\u1eddi c\u00f3 vi\u1ec7c l\u00e0m trong cu\u1ed9c kh\u1ea3o s\u00e1t h\u1ed9 gia \u0111\u00ecnh v\u00e0o th\u00e1ng 4 \u0111\u00e3 gi\u1ea3m th\u00e1ng th\u1ee9 t\u01b0 li\u00ean ti\u1ebfp v\u00e0 t\u1ef7 l\u1ec7 tham gia l\u1ef1c l\u01b0\u1ee3ng lao \u0111\u1ed9ng gi\u1ea3m xu\u1ed1ng 61,8%, m\u1ee9c th\u1ea5p m\u1edbi k\u1ec3 t\u1eeb th\u00e1ng 10 n\u0103m 2021; t\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p tr\u00ean di\u1ec7n r\u1ed9ng, bao g\u1ed3m c\u1ea3 nh\u1eefng ng\u01b0\u1eddi l\u00e0m vi\u1ec7c b\u00e1n th\u1eddi gian v\u00e0 nh\u1eefng ng\u01b0\u1eddi kh\u00f4ng khuy\u1ebfn kh\u00edch t\u00ecm vi\u1ec7c, \u0111\u00e3 t\u0103ng l\u00ean 8,2%, m\u1ee9c cao nh\u1ea5t trong n\u0103m nay. Nh\u01b0 \u201cng\u01b0\u1eddi ph\u00e1t ng\u00f4n c\u1ee7a Fed\u201d Nick Timiraos \u0111\u00e3 ch\u1ec9 ra, t\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p t\u0103ng kh\u00f4ng ph\u1ea3i v\u00ec nhi\u1ec1u ng\u01b0\u1eddi t\u00ecm \u0111\u01b0\u1ee3c vi\u1ec7c l\u00e0m h\u01a1n m\u00e0 v\u00ec m\u1ed9t s\u1ed1 l\u01b0\u1ee3ng l\u1edbn ng\u01b0\u1eddi \u0111\u00e3 ho\u00e0n to\u00e0n r\u1eddi b\u1ecf th\u1ecb tr\u01b0\u1eddng lao \u0111\u1ed9ng. N\u1ebfu t\u00ednh d\u1ef1a tr\u00ean t\u1ef7 l\u1ec7 tham gia l\u1ef1c l\u01b0\u1ee3ng lao \u0111\u1ed9ng v\u00e0o n\u0103m 2024, t\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p th\u1ef1c t\u1ebf hi\u1ec7n nay \u1edf M\u1ef9 l\u00ean t\u1edbi 5,3%, cao h\u01a1n nhi\u1ec1u so v\u1edbi m\u1ee9c ch\u00ednh th\u1ee9c l\u00e0 4,3%.<\/p>\n

T\u1eeb g\u00f3c \u0111\u1ed9 c\u01a1 c\u1ea5u ng\u00e0nh, s\u1ef1 ph\u00e2n h\u00f3a c\u1ee7a th\u1ecb tr\u01b0\u1eddng vi\u1ec7c l\u00e0m ng\u00e0y c\u00e0ng tr\u1edf n\u00ean s\u00e2u s\u1eafc h\u01a1n. C\u00e1c ng\u00e0nh ch\u0103m s\u00f3c s\u1ee9c kh\u1ecfe, v\u1eadn t\u1ea3i v\u00e0 kho b\u00e3i \u0111\u00e3 tr\u1edf th\u00e0nh ngu\u1ed3n t\u1ea1o vi\u1ec7c l\u00e0m ch\u00ednh, \u0111\u1ed3ng th\u1eddi c\u00e1c ng\u00e0nh x\u00e2y d\u1ef1ng, gi\u1ea3i tr\u00ed v\u00e0 kh\u00e1ch s\u1ea1n \u0111\u00e3 ph\u1ee5c h\u1ed3i trong hai th\u00e1ng li\u00ean ti\u1ebfp sau khi \u0111\u1ee3t x\u00e1o tr\u1ed9n m\u00f9a \u0111\u00f4ng l\u1eafng xu\u1ed1ng, trong \u0111\u00f3 vi\u1ec7c x\u00e2y d\u1ef1ng trung t\u00e2m d\u1eef li\u1ec7u tr\u1edf th\u00e0nh h\u1ed7 tr\u1ee3 c\u1ed1t l\u00f5i cho nhu c\u1ea7u lao \u0111\u1ed9ng trong ng\u00e0nh x\u00e2y d\u1ef1ng. Tuy nhi\u00ean, \u0111\u1ed3ng th\u1eddi, vi\u1ec7c l\u00e0m trong ng\u00e0nh th\u00f4ng tin \u0111\u00e3 gi\u1ea3m th\u00e1ng th\u1ee9 16 li\u00ean ti\u1ebfp. Nh\u1eefng g\u00e3 kh\u1ed5ng l\u1ed3 c\u00f4ng ngh\u1ec7 nh\u01b0 Meta v\u00e0 Microsoft ti\u1ebfp t\u1ee5c sa th\u1ea3i nh\u00e2n vi\u00ean \u0111\u1ec3 b\u00f9 \u0111\u1eafp kho\u1ea3n chi kh\u1ed5ng l\u1ed3 trong l\u0129nh v\u1ef1c tr\u00ed tu\u1ec7 nh\u00e2n t\u1ea1o, \u0111\u1ed3ng th\u1eddi s\u1ed1 l\u01b0\u1ee3ng vi\u1ec7c l\u00e0m c\u1ee7a ch\u00ednh ph\u1ee7 li\u00ean bang ti\u1ebfp t\u1ee5c gi\u1ea3m. M\u00f4 h\u00ecnh \"h\u1ed7 tr\u1ee3 m\u1ed9t ph\u1ea7n nh\u01b0ng \u0111i\u1ec3m y\u1ebfu t\u1ed5ng th\u1ec3\" n\u00e0y c\u00f3 ngh\u0129a l\u00e0 th\u1ecb tr\u01b0\u1eddng lao \u0111\u1ed9ng Hoa K\u1ef3 ch\u01b0a \u0111\u1ea1t \u0111\u01b0\u1ee3c s\u1ef1 ph\u1ee5c h\u1ed3i th\u1ef1c s\u1ef1 m\u00e0 ch\u1ec9 duy tr\u00ec tr\u1ea1ng th\u00e1i \u1ea3m \u0111\u1ea1m l\u00e0 \"t\u1ef7 l\u1ec7 sa th\u1ea3i th\u1ea5p v\u00e0 tuy\u1ec3n d\u1ee5ng y\u1ebfu\".<\/p>\n

C\u1ed1t l\u00f5i c\u1ee7a s\u1ef1 t\u0103ng v\u1ecdt c\u1ee7a v\u00e0ng so v\u1edbi xu h\u01b0\u1edbng: k\u1ef3 v\u1ecdng v\u1ec1 vi\u1ec7c t\u0103ng l\u00e3i su\u1ea5t ho\u00e0n to\u00e0n m\u1edd nh\u1ea1t + ph\u00ed b\u1ea3o hi\u1ec3m tr\u00fa \u1ea9n an to\u00e0n \u0111\u01b0\u1ee3c k\u00edch ho\u1ea1t<\/h2>\n

Nh\u00f3m v\u0129 m\u00f4 Wmax tin r\u1eb1ng th\u1ecb tr\u01b0\u1eddng kh\u00f4ng bao gi\u1edd \u0111\u1ecbnh gi\u00e1 b\u1ea3n th\u00e2n d\u1eef li\u1ec7u m\u00e0 l\u00e0 s\u1ef1 kh\u00e1c bi\u1ec7t \u0111\u01b0\u1ee3c mong \u0111\u1ee3i \u0111\u1eb1ng sau d\u1eef li\u1ec7u. S\u1ef1 t\u0103ng gi\u00e1 c\u1ee7a v\u00e0ng so v\u1edbi xu h\u01b0\u1edbng sau khi c\u00f4ng b\u1ed1 d\u1eef li\u1ec7u phi n\u00f4ng nghi\u1ec7p l\u1ea7n n\u00e0y v\u1ec1 c\u01a1 b\u1ea3n l\u00e0 s\u1ef1 sai l\u1ec7ch ho\u00e0n to\u00e0n so v\u1edbi k\u1ef3 v\u1ecdng c\u1ee7a th\u1ecb tr\u01b0\u1eddng r\u1eb1ng \u201cFed s\u1ebd tr\u1edf l\u1ea1i ch\u00ednh s\u00e1ch di\u1ec1u h\u00e2u\u201d, c\u00f9ng v\u1edbi s\u1ef1 c\u1ed9ng h\u01b0\u1edfng c\u1ee7a nhu c\u1ea7u tr\u00fa \u1ea9n an to\u00e0n do b\u1ea5t \u1ed5n v\u0129 m\u00f4 gia t\u0103ng g\u00e2y ra.<\/p>\n

<\/p>\n

L\u00e0 m\u1ed9t t\u00e0i s\u1ea3n kh\u00f4ng l\u00e3i su\u1ea5t, xu h\u01b0\u1edbng gi\u00e1 v\u00e0ng c\u00f3 m\u1ed1i t\u01b0\u01a1ng quan ngh\u1ecbch chi\u1ec1u v\u1edbi l\u00e3i su\u1ea5t th\u1ef1c v\u00e0 k\u1ef3 v\u1ecdng v\u1ec1 vi\u1ec7c t\u0103ng l\u00e3i su\u1ea5t do \"v\u00f2ng xo\u00e1y gi\u00e1 l\u01b0\u01a1ng\" g\u00e2y ra l\u00e0 nh\u1eefng y\u1ebfu t\u1ed1 ti\u00eau c\u1ef1c c\u1ed1t l\u00f5i ng\u0103n c\u1ea3n v\u00e0ng. Tuy nhi\u00ean, trong b\u00e1o c\u00e1o n\u00e0y, t\u1ed1c \u0111\u1ed9 t\u0103ng l\u01b0\u01a1ng ch\u1eadm l\u1ea1i r\u00f5 r\u00e0ng \u0111\u00e3 xua tan ho\u00e0n to\u00e0n nh\u1eefng lo ng\u1ea1i c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u1ec1 l\u1ea1m ph\u00e1t t\u0103ng tr\u1edf l\u1ea1i: l\u01b0\u01a1ng trung b\u00ecnh m\u1ed7i gi\u1edd trong th\u00e1ng 4 ch\u1ec9 t\u0103ng 0,2% so v\u1edbi th\u00e1ng tr\u01b0\u1edbc v\u00e0 3,6% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc, c\u1ea3 hai \u0111\u1ec1u \u1edf m\u1ee9c v\u1eeba ph\u1ea3i. M\u1ea3nh gh\u00e9p cu\u1ed1i c\u00f9ng cho s\u1ef1 ph\u1ee5c h\u1ed3i l\u1ea1m ph\u00e1t v\u1eabn ch\u01b0a c\u00f3. \u0110i\u1ec1u \u0111\u00f3 c\u00f3 ngh\u0129a l\u00e0 Fed kh\u00f4ng c\u1ea7n ph\u1ea3i th\u1eaft ch\u1eb7t h\u01a1n n\u1eefa \u0111\u1ec3 ki\u1ec1m ch\u1ebf l\u1ea1m ph\u00e1t, v\u00e0 ph\u1ea3n \u1ee9ng tr\u00ean th\u1ecb tr\u01b0\u1eddng ho\u00e1n \u0111\u1ed5i l\u00e3i su\u1ea5t \u0111\u00e3 x\u00e1c nh\u1eadn \u0111i\u1ec1u n\u00e0y: c\u00e1c nh\u00e0 giao d\u1ecbch \u0111ang \u0111\u1eb7t c\u01b0\u1ee3c l\u1edbn v\u00e0o vi\u1ec7c Fed s\u1ebd gi\u1eef chi ph\u00ed \u0111i vay kh\u00f4ng \u0111\u1ed5i trong n\u0103m, v\u00e0 th\u1eadm ch\u00ed \u0111\u1eb7t ra 40% c\u01a1 h\u1ed9i t\u0103ng l\u00e3i su\u1ea5t v\u00e0o th\u00e1ng 4 n\u0103m 2027. Khi thanh ki\u1ebfm Damocles treo tr\u00ean \u0111\u1ea7u v\u00e0ng \u0111\u01b0\u1ee3c g\u1ee1 b\u1ecf kh\u1ecfi \u0111\u1ee3t \"t\u0103ng l\u00e3i su\u1ea5t\", nh\u1eefng lo l\u1eafng v\u1ec1 v\u1ecb th\u1ebf v\u1ed1n d\u00e0i \u0111\u00e3 bi\u1ebfn m\u1ea5t ngay l\u1eadp t\u1ee9c.<\/p>\n

\u0110\u1ed3ng th\u1eddi, s\u1ef1 kh\u00f4ng ch\u1eafc ch\u1eafn \u1edf c\u1ea5p \u0111\u1ed9 v\u0129 m\u00f4 c\u00e0ng k\u00edch ho\u1ea1t th\u00eam gi\u00e1 tr\u1ecb tr\u00fa \u1ea9n an to\u00e0n c\u1ee7a v\u00e0ng. Nh\u1eefng r\u1ee7i ro ch\u00ednh tr\u1ecb v\u00e0 \u0111\u1ecba ch\u00ednh tr\u1ecb m\u00e0 nh\u00f3m Wmax ti\u1ebfp t\u1ee5c theo d\u00f5i cho th\u1ea5y hi\u1ec7n t\u1ea1i \u0111ang c\u00f3 s\u1ef1 kh\u00e1c bi\u1ec7t ng\u00e0y c\u00e0ng t\u0103ng trong C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang v\u1ec1 c\u00fa s\u1ed1c n\u0103ng l\u01b0\u1ee3ng do chi\u1ebfn tranh Iran g\u00e2y ra. M\u1ed9t s\u1ed1 quan ch\u1ee9c \u0111\u00e3 b\u00e0y t\u1ecf lo ng\u1ea1i r\u00f5 r\u00e0ng r\u1eb1ng gi\u00e1 n\u0103ng l\u01b0\u1ee3ng t\u0103ng c\u00f3 th\u1ec3 \u0111\u1ea9y l\u1ea1m ph\u00e1t l\u00ean cao \u0111\u1ed3ng th\u1eddi k\u00ecm h\u00e3m nhu c\u1ea7u ti\u00eau d\u00f9ng, cu\u1ed1i c\u00f9ng h\u00ecnh th\u00e0nh m\u00f4 h\u00ecnh \"l\u1ea1m ph\u00e1t \u0111\u00ecnh \u0111\u1ed1n\". M\u1ed9t khi c\u00e1c c\u00f4ng ty b\u1eaft \u0111\u1ea7u sa th\u1ea3i quy m\u00f4 l\u1edbn do chi ph\u00ed t\u0103ng v\u00e0 nhu c\u1ea7u y\u1ebfu, c\u00e1n c\u00e2n vi\u1ec7c l\u00e0m mong manh hi\u1ec7n t\u1ea1i s\u1ebd s\u1ee5p \u0111\u1ed5 ngay l\u1eadp t\u1ee9c. Trong b\u1ed1i c\u1ea3nh n\u00e0y, gi\u00e1 tr\u1ecb ph\u00e2n b\u1ed5 c\u1ee7a v\u00e0ng nh\u01b0 m\u1ed9t t\u00e0i s\u1ea3n tr\u00fa \u1ea9n an to\u00e0n truy\u1ec1n th\u1ed1ng \u0111\u00e3 t\u0103ng l\u00ean \u0111\u00e1ng k\u1ec3.<\/p>\n

Tri\u1ec3n v\u1ecdng ch\u00ednh s\u00e1ch v\u00e0 th\u1ecb tr\u01b0\u1eddng: Fed v\u1eabn \u0111\u1ee9ng ngo\u00e0i cu\u1ed9c, lo ng\u1ea1i v\u1ec1 suy tho\u00e1i kinh t\u1ebf d\u00e0i h\u1ea1n v\u1eabn c\u00f2n<\/h2>\n

D\u1ef1a tr\u00ean d\u1eef li\u1ec7u phi n\u00f4ng nghi\u1ec7p n\u00e0y v\u00e0 nhi\u1ec1u ch\u1ec9 s\u1ed1 kinh t\u1ebf g\u1ea7n \u0111\u00e2y, nh\u00f3m v\u0129 m\u00f4 Wmax x\u00e1c \u0111\u1ecbnh r\u1eb1ng C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang s\u1ebd ti\u1ebfp t\u1ee5c duy tr\u00ec l\u1eadp tr\u01b0\u1eddng ch\u00ednh s\u00e1ch \u201ckh\u00f4ng \u0111\u1ee5ng h\u00e0ng\u201d trong th\u1eddi gian d\u00e0i t\u1edbi. M\u1ed9t m\u1eb7t, m\u1eb7c d\u00f9 c\u00f3 nh\u1eefng lo l\u1eafng ti\u1ec1m \u1ea9n tr\u00ean th\u1ecb tr\u01b0\u1eddng lao \u0111\u1ed9ng, nh\u01b0ng t\u00ecnh h\u00ecnh chung v\u1eabn t\u01b0\u01a1ng \u0111\u1ed1i \u1ed5n \u0111\u1ecbnh, t\u1ef7 l\u1ec7 sa th\u1ea3i v\u1eabn \u1edf m\u1ee9c th\u1ea5p, vi\u1ec7c c\u1eaft gi\u1ea3m thu\u1ebf c\u0169ng \u0111\u00e3 h\u1ed7 tr\u1ee3 nh\u1ea5t \u0111\u1ecbnh cho ti\u00eau d\u00f9ng v\u00e0 \u0111\u1ea7u t\u01b0 c\u1ee7a doanh nghi\u1ec7p v\u00e0 kh\u00f4ng c\u1ea7n thi\u1ebft ph\u1ea3i c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t.<\/p>\n

\"\u0110\u00e1nh<\/p>\n

M\u1eb7t kh\u00e1c, t\u1ed1c \u0111\u1ed9 t\u0103ng l\u01b0\u01a1ng ch\u1eadm l\u1ea1i c\u00f3 ngh\u0129a l\u00e0 \u00e1p l\u1ef1c l\u1ea1m ph\u00e1t c\u00f3 th\u1ec3 ki\u1ec3m so\u00e1t \u0111\u01b0\u1ee3c. \u0110\u1ed3ng th\u1eddi, nguy c\u01a1 l\u1ea1m ph\u00e1t \u0111\u00ecnh tr\u1ec7 do c\u00fa s\u1ed1c n\u0103ng l\u01b0\u1ee3ng v\u1eabn ch\u01b0a xu\u1ea5t hi\u1ec7n \u0111\u1ea7y \u0111\u1ee7 v\u00e0 C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang kh\u00f4ng c\u1ea7n ph\u1ea3i b\u1eaft \u0111\u1ea7u l\u1ea1i vi\u1ec7c t\u0103ng l\u00e3i su\u1ea5t. Gi\u00e1m \u0111\u1ed1c danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a BlackRock, Jeffrey Rosenberg, \u0111\u00e3 x\u00e1c \u0111\u1ecbnh b\u00e1o c\u00e1o n\u00e0y l\u00e0 m\u1ed9t \u201cb\u00e1o c\u00e1o t\u00ecnh tr\u1ea1ng\u201d t\u1eeb Fed, r\u1ea5t ph\u00f9 h\u1ee3p v\u1edbi nh\u1eadn \u0111\u1ecbnh tr\u01b0\u1edbc \u0111\u00f3 c\u1ee7a nh\u00f3m Wmax.<\/p>\n

\u0110\u1ed1i v\u1edbi th\u1ecb tr\u01b0\u1eddng, b\u00e1o c\u00e1o phi n\u00f4ng nghi\u1ec7p \u201c\u1ea5m \u00e1p\u201d n\u00e0y t\u01b0\u01a1ng \u0111\u1ed1i c\u00f3 l\u1ee3i cho c\u00e1c t\u00e0i s\u1ea3n r\u1ee7i ro trong trung h\u1ea1n, nh\u01b0ng nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n c\u1ea3nh gi\u00e1c v\u1edbi vi\u1ec7c \u0111\u1ecbnh gi\u00e1 d\u1ea7n d\u1ea7n c\u00e1c r\u1ee7i ro suy tho\u00e1i trong t\u01b0\u01a1ng lai. Wmax lu\u00f4n kh\u1eb3ng \u0111\u1ecbnh b\u1eaft \u0111\u1ea7u t\u1eeb c\u1ea5u tr\u00fac d\u1eef li\u1ec7u v\u00e0 th\u00e2m nh\u1eadp v\u00e0o di\u1ec7n m\u1ea1o v\u0129 m\u00f4 \u0111\u1ec3 n\u1eafm b\u1eaft logic th\u1ef1c s\u1ef1 c\u1ee7a th\u1ecb tr\u01b0\u1eddng. \u0110\u00e2y c\u0169ng l\u00e0 c\u1ed1t l\u00f5i kh\u1ea3 n\u0103ng c\u1ee7a ch\u00fang t\u00f4i trong vi\u1ec7c th\u00fac \u0111\u1ea9y c\u00e1c c\u01a1 h\u1ed9i ph\u00e2n b\u1ed5 v\u00e0ng tr\u01b0\u1edbc khi h\u1ea7u h\u1ebft c\u00e1c t\u1ed5 ch\u1ee9c \u0111\u00e1nh gi\u00e1 sai v\u1ec1 v\u00e0ng ti\u00eau c\u1ef1c phi n\u00f4ng nghi\u1ec7p. Trong t\u01b0\u01a1ng lai, ch\u00fang t\u00f4i s\u1ebd ti\u1ebfp t\u1ee5c theo d\u00f5i d\u1eef li\u1ec7u l\u1ea1m ph\u00e1t c\u1ee7a Hoa K\u1ef3, c\u00e1c b\u00e0i ph\u00e1t bi\u1ec3u c\u1ee7a c\u00e1c quan ch\u1ee9c Fed v\u00e0 nh\u1eefng thay \u0111\u1ed5i v\u1ec1 t\u00ecnh h\u00ecnh \u0111\u1ecba ch\u00ednh tr\u1ecb \u0111\u1ec3 cung c\u1ea5p cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1eefng t\u00e0i li\u1ec7u tham kh\u1ea3o h\u01b0\u1edbng t\u1edbi t\u01b0\u01a1ng lai h\u01a1n cho vi\u1ec7c ra quy\u1ebft \u0111\u1ecbnh.<\/p>","protected":false},"excerpt":{"rendered":"

Wmax di\u1ec5n gi\u1ea3i d\u1eef li\u1ec7u phi n\u00f4ng nghi\u1ec7p c\u1ee7a Hoa K\u1ef3 trong th\u00e1ng 4: 115.000 vi\u1ec7c l\u00e0m m\u1edbi \u0111\u01b0\u1ee3c t\u1ea1o ra, v\u01b0\u1ee3t qu\u00e1 mong \u0111\u1ee3i, nh\u01b0ng t\u1ef7 l\u1ec7 tham gia lao \u0111\u1ed9ng gi\u1ea3m xu\u1ed1ng 61,8%, m\u1ee9c th\u1ea5p m\u1edbi k\u1ec3 t\u1eeb n\u0103m 2021 v\u00e0 t\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p tr\u00ean di\u1ec7n r\u1ed9ng t\u0103ng l\u00ean 8,2%. T\u0103ng tr\u01b0\u1edfng ti\u1ec1n l\u01b0\u01a1ng ch\u1eadm l\u1ea1i \u0111\u00e3 xua tan nh\u1eefng lo ng\u1ea1i v\u1ec1 l\u1ea1m ph\u00e1t, v\u00e0ng \u0111i ng\u01b0\u1ee3c xu h\u01b0\u1edbng v\u00e0 t\u0103ng gi\u00e1, c\u00f2n C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang \u0111\u00e3 gi\u1eef nguy\u00ean tr\u1ea1ng th\u00e1i kh\u00f4ng chuy\u1ec3n \u0111\u1ed9ng trong n\u0103m nay.<\/p>","protected":false},"author":1,"featured_media":9879,"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":[121],"tags":[1019,179,340,1018],"class_list":["post-9878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-news","tag-1019","tag-179","tag-340","tag-1018"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/9878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/comments?post=9878"}],"version-history":[{"count":1,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/9878\/revisions"}],"predecessor-version":[{"id":9883,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/9878\/revisions\/9883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media\/9879"}],"wp:attachment":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media?parent=9878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/categories?post=9878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/tags?post=9878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}