{"id":40040,"date":"2025-08-16T16:54:15","date_gmt":"2025-08-16T09:54:15","guid":{"rendered":"https:\/\/hbbgroup.net\/vip-chuyen-sau-thi-truong-cho-cu-hich-tu-fed-bien-ban-hop-thang-7-va-jackson-hole-quyet-dinh-xu-huong-kinh-te-my\/"},"modified":"2025-08-16T16:54:15","modified_gmt":"2025-08-16T09:54:15","slug":"vip-chuyen-sau-thi-truong-cho-cu-hich-tu-fed-bien-ban-hop-thang-7-va-jackson-hole-quyet-dinh-xu-huong-kinh-te-my","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/vip-chuyen-sau-thi-truong-cho-cu-hich-tu-fed-bien-ban-hop-thang-7-va-jackson-hole-quyet-dinh-xu-huong-kinh-te-my\/","title":{"rendered":"VIP Chuy\u00ean s\u00e2u: Th\u1ecb tr\u01b0\u1eddng ch\u1edd \u201cc\u00fa h\u00edch\u201d t\u1eeb Fed: Bi\u00ean b\u1ea3n h\u1ecdp th\u00e1ng 7 v\u00e0 Jackson Hole quy\u1ebft \u0111\u1ecbnh xu h\u01b0\u1edbng kinh t\u1ebf M\u1ef9"},"content":{"rendered":"<div>\n<h3><strong>(GVNET) Tu\u1ea7n qua, th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh M\u1ef9 ch\u1ee9ng ki\u1ebfn lo\u1ea1t d\u1eef li\u1ec7u kinh t\u1ebf quan tr\u1ecdng xoay quanh l\u1ea1m ph\u00e1t v\u00e0 s\u1ee9c kh\u1ecfe ng\u01b0\u1eddi ti\u00eau d\u00f9ng. Tuy nhi\u00ean, trong tu\u1ea7n t\u1edbi, m\u1ecdi s\u1ef1 ch\u00fa \u00fd s\u1ebd d\u1ed3n v\u1ec1 C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 (Fed) v\u1edbi bi\u00ean b\u1ea3n h\u1ecdp th\u00e1ng 7 v\u00e0 b\u00e0i ph\u00e1t bi\u1ec3u c\u1ee7a Ch\u1ee7 t\u1ecbch Jerome Powell t\u1ea1i Jackson Hole.<\/strong><\/h3>\n<h4><strong>L\u1ea1m ph\u00e1t M\u1ef9: CPI h\u1ea1 nhi\u1ec7t, nh\u01b0ng PPI t\u0103ng n\u00f3ng<\/strong><\/h4>\n<p>Theo b\u00e1o c\u00e1o c\u1ee7a C\u1ee5c Th\u1ed1ng k\u00ea Lao \u0111\u1ed9ng M\u1ef9, ch\u1ec9 s\u1ed1 gi\u00e1 ti\u00eau d\u00f9ng (CPI) th\u00e1ng 7 t\u0103ng 0,2%, th\u1ea5p h\u01a1n m\u1ee9c t\u0103ng 0,3% c\u1ee7a th\u00e1ng 6 v\u00e0 \u0111\u00fang v\u1edbi d\u1ef1 b\u00e1o. CPI h\u00e0ng n\u0103m \u0111\u1ea1t 2,7%, th\u1ea5p h\u01a1n m\u1ed9t ch\u00fat so v\u1edbi k\u1ef3 v\u1ecdng 2,8%.<\/p>\n<p>Trong khi \u0111\u00f3, l\u1ea1m ph\u00e1t l\u00f5i (kh\u00f4ng t\u00ednh th\u1ef1c ph\u1ea9m v\u00e0 n\u0103ng l\u01b0\u1ee3ng) t\u0103ng 0,3% so v\u1edbi th\u00e1ng tr\u01b0\u1edbc v\u00e0 3,1% so v\u1edbi c\u00f9ng k\u1ef3, cao h\u01a1n m\u1ed9t ch\u00fat so v\u1edbi d\u1ef1 b\u00e1o 3,0%.<\/p>\n<p>\u0110\u00e1ng ch\u00fa \u00fd, ch\u1ec9 s\u1ed1 gi\u00e1 s\u1ea3n xu\u1ea5t (PPI) b\u1ea5t ng\u1edd t\u0103ng v\u1ecdt 0,9% trong th\u00e1ng 7, cao g\u1ea5p nhi\u1ec1u l\u1ea7n so v\u1edbi k\u1ef3 v\u1ecdng 0,2%. PPI h\u00e0ng n\u0103m \u0111\u1ea1t 3,3% \u2013 m\u1ee9c t\u0103ng m\u1ea1nh nh\u1ea5t k\u1ec3 t\u1eeb th\u00e1ng 2\/2025. L\u1ea1m ph\u00e1t l\u00f5i PPI c\u0169ng t\u0103ng 0,9% trong th\u00e1ng v\u00e0 2,8% so v\u1edbi c\u00f9ng k\u1ef3. \u0110i\u1ec1u n\u00e0y t\u1ea1o th\u00eam \u00e1p l\u1ef1c l\u00ean k\u1ef3 v\u1ecdng c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t c\u1ee7a Fed.<\/p>\n<h4><strong>Ng\u01b0\u1eddi ti\u00eau d\u00f9ng M\u1ef9: Chi ti\u00eau t\u00edch c\u1ef1c nh\u01b0ng t\u00e2m l\u00fd suy gi\u1ea3m<\/strong><\/h4>\n<p>B\u00e1o c\u00e1o b\u00e1n l\u1ebb th\u00e1ng 7 cho th\u1ea5y chi ti\u00eau ti\u00eau d\u00f9ng ti\u1ebfp t\u1ee5c kh\u1ea3 quan: doanh s\u1ed1 b\u00e1n l\u1ebb t\u0103ng 0,5% theo th\u00e1ng v\u00e0 3,9% theo n\u0103m, \u0111\u1ec1u v\u01b0\u1ee3t k\u1ef3 v\u1ecdng. C\u00e1c l\u0129nh v\u1ef1c nh\u01b0 \u00f4 t\u00f4, n\u1ed9i th\u1ea5t, qu\u1ea7n \u00e1o, s\u00e1ch v\u00e0 s\u1ea3n ph\u1ea9m th\u1ec3 thao ghi nh\u1eadn m\u1ee9c t\u0103ng tr\u01b0\u1edfng t\u1ed1t.<\/p>\n<p>Tuy nhi\u00ean, kh\u1ea3o s\u00e1t Ni\u1ec1m tin Ng\u01b0\u1eddi ti\u00eau d\u00f9ng c\u1ee7a \u0110\u1ea1i h\u1ecdc Michigan l\u1ea1i gi\u1ea3m m\u1ea1nh xu\u1ed1ng 58,6 \u0111i\u1ec3m trong th\u00e1ng 8, th\u1ea5p h\u01a1n k\u1ef3 v\u1ecdng 62 v\u00e0 m\u1ee9c 61,7 c\u1ee7a th\u00e1ng 7. Gi\u00e1m \u0111\u1ed1c kh\u1ea3o s\u00e1t Joanne Hsu cho bi\u1ebft: \u201cT\u00e2m l\u00fd ng\u01b0\u1eddi ti\u00eau d\u00f9ng suy y\u1ebfu ch\u1ee7 y\u1ebfu do lo ng\u1ea1i l\u1ea1m ph\u00e1t gia t\u0103ng tr\u1edf l\u1ea1i.\u201d<\/p>\n<p>Bill Adams, Kinh t\u1ebf tr\u01b0\u1edfng c\u1ee7a Comerica Bank, nh\u1eadn \u0111\u1ecbnh: <em>\u201cNg\u01b0\u1eddi ti\u00eau d\u00f9ng M\u1ef9 v\u1eabn \u1edf tr\u1ea1ng th\u00e1i \u2018kh\u1ecfe nh\u01b0ng lo l\u1eafng\u2019. H\u00e0nh vi chi ti\u00eau kh\u00e1 \u1ed5n \u0111\u1ecbnh, song ni\u1ec1m tin l\u1ea1i suy gi\u1ea3m. D\u1ef1 ki\u1ebfn ti\u00eau d\u00f9ng s\u1ebd t\u0103ng tr\u01b0\u1edfng v\u1eeba ph\u1ea3i trong n\u1eeda cu\u1ed1i 2025 v\u00e0 c\u1ea3i thi\u1ec7n h\u01a1n v\u00e0o 2026 khi ch\u00ednh s\u00e1ch c\u1eaft gi\u1ea3m thu\u1ebf c\u00f3 hi\u1ec7u l\u1ef1c.\u201d<\/em><\/p>\n<h4><strong>T\u00e2m \u0111i\u1ec3m tu\u1ea7n t\u1edbi: Fed v\u00e0 Jackson Hole<\/strong><\/h4>\n<p>Tu\u1ea7n t\u1edbi s\u1ebd t\u01b0\u01a1ng \u0111\u1ed1i \u201cl\u1eb7ng s\u00f3ng\u201d v\u1ec1 d\u1eef li\u1ec7u kinh t\u1ebf, nh\u01b0ng l\u1ea1i b\u00f9ng n\u1ed5 v\u1ec1 s\u1ef1 ki\u1ec7n Fed:<\/p>\n<ul>\n<li><strong>Th\u1ee9 Ba (19\/8):<\/strong> Gi\u1ea5y ph\u00e9p x\u00e2y d\u1ef1ng &#038; nh\u00e0 \u1edf kh\u1edfi c\u00f4ng th\u00e1ng 7, ph\u00e1t bi\u1ec3u c\u1ee7a Fed Bowman.<\/li>\n<li><strong>Th\u1ee9 T\u01b0 (20\/8):<\/strong> C\u00f4ng b\u1ed1 bi\u00ean b\u1ea3n h\u1ecdp FOMC th\u00e1ng 7, ph\u00e1t bi\u1ec3u c\u1ee7a Fed Waller &#038; Bostic, khai m\u1ea1c H\u1ed9i ngh\u1ecb Jackson Hole.<\/li>\n<li><strong>Th\u1ee9 N\u0103m (21\/8):<\/strong> Ch\u1ec9 s\u1ed1 s\u1ea3n xu\u1ea5t Philly Fed, \u0111\u01a1n xin tr\u1ee3 c\u1ea5p th\u1ea5t nghi\u1ec7p, PMI s\u01a1 b\u1ed9 th\u00e1ng 8 c\u1ee7a S&#038;P Global, doanh s\u1ed1 b\u00e1n nh\u00e0 hi\u1ec7n t\u1ea1i th\u00e1ng 7.<\/li>\n<li><strong>Th\u1ee9 S\u00e1u (22\/8):<\/strong> B\u00e0i ph\u00e1t bi\u1ec3u quan tr\u1ecdng c\u1ee7a Ch\u1ee7 t\u1ecbch Fed Jerome Powell t\u1ea1i Jackson Hole.<\/li>\n<\/ul>\n<h4><strong>K\u1ebft lu\u1eadn: Th\u1ecb tr\u01b0\u1eddng ch\u1edd t\u00edn hi\u1ec7u t\u1eeb Fed<\/strong><\/h4>\n<p>Di\u1ec5n bi\u1ebfn l\u1ea1m ph\u00e1t tr\u00e1i chi\u1ec1u c\u00f9ng v\u1edbi s\u1ef1 ph\u00e2n h\u00f3a trong ti\u00eau d\u00f9ng khi\u1ebfn th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh M\u1ef9 ti\u1ebfp t\u1ee5c bi\u1ebfn \u0111\u1ed9ng. Trong tu\u1ea7n t\u1edbi, m\u1ecdi \u00e1nh m\u1eaft s\u1ebd h\u01b0\u1edbng v\u1ec1 bi\u00ean b\u1ea3n h\u1ecdp FOMC v\u00e0 \u0111\u1eb7c bi\u1ec7t l\u00e0 th\u00f4ng \u0111i\u1ec7p t\u1eeb Jerome Powell t\u1ea1i Jackson Hole \u2013 y\u1ebfu t\u1ed1 c\u00f3 th\u1ec3 \u0111\u1ecbnh h\u00ecnh k\u1ef3 v\u1ecdng c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t trong nh\u1eefng th\u00e1ng cu\u1ed1i n\u0103m 2025.<\/p>\n<hr>\n<div>\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"917\" height=\"1024\" src=\"https:\/\/giavang.net\/wp-content\/uploads\/2025\/02\/xKhong-co-tieu-de-917x1024.jpg.pagespeed.ic.QtPzlLjjwA.jpg\" alt data-pagespeed-url-hash   =\"2139270918\" onload=\"pagespeed.CriticalImages.checkImageForCriticality(this);\"><\/figure>\n<div>\n<p><strong>Chu Ph\u01b0\u01a1ng \u2013 Chuy\u00ean gia Giavang Net<\/strong><br \/>Chu Ph\u01b0\u01a1ng \u2013 Th\u1ea1c s\u0129 Kinh t\u1ebf Qu\u1ed1c t\u1ebf v\u1edbi h\u01a1n 12 n\u0103m theo d\u00f5i th\u1ecb tr\u01b0\u1eddng V\u00e0ng, Ngo\u1ea1i h\u1ed1i. V\u1edbi vai tr\u00f2 l\u00e0 chuy\u00ean gia ph\u00e2n t\u00edch th\u1ecb tr\u01b0\u1eddng t\u1ea1i Giavang.net; Chu Ph\u01b0\u01a1ng chia s\u1ebb c\u00e1c th\u00f4ng tin kinh t\u1ebf, ch\u00ednh tr\u1ecb c\u00f3 t\u1ea7m \u1ea3nh h\u01b0\u1edfng t\u1edbi th\u1ecb tr\u01b0\u1eddng, ph\u00e2n t\u00edch \u2013 d\u1ef1 b\u00e1o tri\u1ec3n v\u1ecdng th\u1ecb tr\u01b0\u1eddng c\u1ea3 theo g\u00f3c \u0111\u1ed9 c\u01a1 b\u1ea3n v\u00e0 k\u0129 thu\u1eadt<\/p>\n<ul>\n<li>\ud83d\udceb Facebook: <a href=\"https:\/\/www.facebook.com\/giavangface\">Phuong Chu \u2013 Giavang Net<\/a><\/li>\n<li>\ud83d\udceb Email: <a href=\"http:\/\/giavang.net\/mailto:admin@giavang.net\">admin@giavang.net<\/a><\/li>\n<li>\ud83d\udceb Zalo:<a href=\"https:\/\/zalo.me\/g\/hbkfmi008\">https:\/\/zalo.me\/g\/hbkfmi008<\/a><\/li>\n<\/ul><\/div>\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>(GVNET) Tu\u1ea7n qua, th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh M\u1ef9 ch\u1ee9ng ki\u1ebfn lo\u1ea1t d\u1eef li\u1ec7u kinh t\u1ebf quan tr\u1ecdng xoay quanh l\u1ea1m [&hellip;]<\/p>","protected":false},"author":1,"featured_media":40041,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,219],"tags":[],"class_list":["post-40040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","category-vang"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/40040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=40040"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/40040\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/40041"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=40040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=40040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=40040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}