{"id":83311,"date":"2026-05-29T09:11:12","date_gmt":"2026-05-29T02:11:12","guid":{"rendered":"https:\/\/hbbgroup.net\/japans-tokyo-cpi-inflation-declines-to-1-4-yoy-in-may-2\/"},"modified":"2026-05-29T09:39:13","modified_gmt":"2026-05-29T02:39:13","slug":"lam-phat-cpi-cua-tokyo-nhat-ban-giam-xuong-con-14-so-voi-cung-ky-nam-truoc-trong-thang-5","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/lam-phat-cpi-cua-tokyo-nhat-ban-giam-xuong-con-14-so-voi-cung-ky-nam-truoc-trong-thang-5\/","title":{"rendered":"L\u1ea1m ph\u00e1t CPI c\u1ee7a Tokyo, Nh\u1eadt B\u1ea3n gi\u1ea3m xu\u1ed1ng c\u00f2n 1,4% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc trong th\u00e1ng 5."},"content":{"rendered":"
\n

Ch\u1ec9 s\u1ed1 Gi\u00e1 Ti\u00eau d\u00f9ng (CPI) t\u1ed5ng th\u1ec3 c\u1ee7a Tokyo trong th\u00e1ng 5 t\u0103ng 1,4% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc<\/strong>, th\u1ea5p h\u01a1n m\u1ee9c 1,5%<\/strong> c\u1ee7a th\u00e1ng tr\u01b0\u1edbc, theo d\u1eef li\u1ec7u \u0111\u01b0\u1ee3c C\u1ee5c Th\u1ed1ng k\u00ea Nh\u1eadt B\u1ea3n c\u00f4ng b\u1ed1 v\u00e0o th\u1ee9 S\u00e1u.<\/p>\n

Ngo\u00e0i ra, CPI Tokyo kh\u00f4ng bao g\u1ed3m th\u1ef1c ph\u1ea9m t\u01b0\u01a1i s\u1ed1ng<\/strong> t\u0103ng 1,3%<\/strong> so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc trong th\u00e1ng 5, th\u1ea5p h\u01a1n m\u1ee9c d\u1ef1 b\u00e1o 1,5%<\/strong> v\u00e0 c\u0169ng th\u1ea5p h\u01a1n m\u1ee9c 1,5%<\/strong> c\u1ee7a th\u00e1ng tr\u01b0\u1edbc.<\/p>\n

Trong khi \u0111\u00f3, CPI Tokyo kh\u00f4ng bao g\u1ed3m th\u1ef1c ph\u1ea9m t\u01b0\u01a1i s\u1ed1ng v\u00e0 n\u0103ng l\u01b0\u1ee3ng<\/strong> t\u0103ng 1,6%<\/strong> so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc trong th\u00e1ng 5, gi\u1ea3m so v\u1edbi m\u1ee9c 1,9%<\/strong> tr\u01b0\u1edbc \u0111\u00f3.<\/p>\n

Ph\u1ea3n \u1ee9ng c\u1ee7a USD\/JPY v\u1edbi d\u1eef li\u1ec7u CPI Tokyo<\/h3>\n

T\u1ea1i th\u1eddi \u0111i\u1ec3m vi\u1ebft b\u00e0i, c\u1eb7p USD\/JPY<\/strong> gi\u1ea3m 0,17%<\/strong> trong ng\u00e0y xu\u1ed1ng c\u00f2n 159,25<\/strong>.<\/p>\n

Bi\u1ebfn \u0111\u1ed9ng c\u1ee7a \u0111\u1ed3ng Y\u00ean Nh\u1eadt h\u00f4m nay<\/h3>\n

B\u1ea3ng d\u01b0\u1edbi \u0111\u00e2y cho th\u1ea5y m\u1ee9c thay \u0111\u1ed5i ph\u1ea7n tr\u0103m c\u1ee7a \u0111\u1ed3ng Y\u00ean Nh\u1eadt (JPY) so v\u1edbi c\u00e1c \u0111\u1ed3ng ti\u1ec1n ch\u00ednh trong ng\u00e0y h\u00f4m nay.<\/p>\n

\u0110\u1ed3ng Y\u00ean Nh\u1eadt l\u00e0 \u0111\u1ed3ng ti\u1ec1n y\u1ebfu nh\u1ea5t so v\u1edbi \u0110\u00f4 la New Zealand (NZD).<\/strong><\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/th>\nUSD<\/th>\nEUR<\/th>\nGBP<\/th>\nJPY<\/th>\nCAD<\/th>\nAUD<\/th>\nNZD<\/th>\nCHF<\/th>\n<\/tr>\n<\/thead>\n
USD<\/th>\n<\/td>\n-0.22%<\/td>\n-0.13%<\/td>\n-0.16%<\/td>\n-0.41%<\/td>\n-0.30%<\/td>\n-0.71%<\/td>\n-0.41%<\/td>\n<\/tr>\n
EUR<\/th>\n0.22%<\/td>\n<\/td>\n0.09%<\/td>\n0.02%<\/td>\n-0.20%<\/td>\n-0.10%<\/td>\n-0.47%<\/td>\n-0.20%<\/td>\n<\/tr>\n
GBP<\/th>\n0.13%<\/td>\n-0.09%<\/td>\n<\/td>\n-0.04%<\/td>\n-0.29%<\/td>\n-0.17%<\/td>\n-0.54%<\/td>\n-0.30%<\/td>\n<\/tr>\n
JPY<\/th>\n0.16%<\/td>\n-0.02%<\/td>\n0.04%<\/td>\n<\/td>\n-0.25%<\/td>\n-0.13%<\/td>\n-0.55%<\/td>\n-0.25%<\/td>\n<\/tr>\n
CAD<\/th>\n0.41%<\/td>\n0.20%<\/td>\n0.29%<\/td>\n0.25%<\/td>\n<\/td>\n0.12%<\/td>\n-0.29%<\/td>\n-0.01%<\/td>\n<\/tr>\n
AUD<\/th>\n0.30%<\/td>\n0.10%<\/td>\n0.17%<\/td>\n0.13%<\/td>\n-0.12%<\/td>\n<\/td>\n-0.39%<\/td>\n-0.13%<\/td>\n<\/tr>\n
NZD<\/th>\n0.71%<\/td>\n0.47%<\/td>\n0.54%<\/td>\n0.55%<\/td>\n0.29%<\/td>\n0.39%<\/td>\n<\/td>\n0.27%<\/td>\n<\/tr>\n
CHF<\/th>\n0.41%<\/td>\n0.20%<\/td>\n0.30%<\/td>\n0.25%<\/td>\n0.00%<\/td>\n0.13%<\/td>\n-0.27%<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

B\u1ea3n \u0111\u1ed3 nhi\u1ec7t (Heat Map) hi\u1ec3n th\u1ecb m\u1ee9c thay \u0111\u1ed5i ph\u1ea7n tr\u0103m c\u1ee7a c\u00e1c \u0111\u1ed3ng ti\u1ec1n ch\u00ednh so v\u1edbi nhau.<\/p>\n

\u0110\u1ed3ng ti\u1ec1n c\u01a1 s\u1edf (Base Currency) \u0111\u01b0\u1ee3c ch\u1ecdn t\u1eeb c\u1ed9t b\u00ean tr\u00e1i, trong khi \u0111\u1ed3ng ti\u1ec1n \u0111\u1ecbnh gi\u00e1 (Quote Currency) \u0111\u01b0\u1ee3c ch\u1ecdn t\u1eeb h\u00e0ng ph\u00eda tr\u00ean.<\/p>\n

V\u00ed d\u1ee5, n\u1ebfu b\u1ea1n ch\u1ecdn Y\u00ean Nh\u1eadt (JPY)<\/strong> t\u1eeb c\u1ed9t b\u00ean tr\u00e1i v\u00e0 di chuy\u1ec3n theo h\u00e0ng ngang \u0111\u1ebfn \u0110\u00f4 la M\u1ef9 (USD)<\/strong>, t\u1ef7 l\u1ec7 ph\u1ea7n tr\u0103m hi\u1ec3n th\u1ecb trong \u00f4 s\u1ebd \u0111\u1ea1i di\u1ec7n cho m\u1ee9c thay \u0111\u1ed5i c\u1ee7a c\u1eb7p JPY (\u0111\u1ed3ng ti\u1ec1n c\u01a1 s\u1edf) \/ USD (\u0111\u1ed3ng ti\u1ec1n \u0111\u1ecbnh gi\u00e1)<\/strong>.<\/p>\n

\n

Ph\u1ea7n d\u01b0\u1edbi \u0111\u00e2y \u0111\u01b0\u1ee3c xu\u1ea5t b\u1ea3n nh\u01b0 m\u1ed9t b\u00e0i xem tr\u01b0\u1edbc d\u1eef li\u1ec7u Ch\u1ec9 s\u1ed1 Gi\u00e1 Ti\u00eau d\u00f9ng (CPI) Tokyo c\u1ee7a Nh\u1eadt B\u1ea3n<\/strong> v\u00e0o l\u00fac 21:27 GMT.<\/p>\n

    \n
  • CPI Tokyo th\u00e1ng 5 s\u1ebd \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 l\u00fac 23:30 GMT th\u1ee9 N\u0103m, \u0111\u00e2y l\u00e0 ch\u1ea5t x\u00fac t\u00e1c quan tr\u1ecdng cu\u1ed1i c\u00f9ng c\u1ee7a \u0111\u1ed3ng Y\u00ean tr\u01b0\u1edbc cu\u1ed1i tu\u1ea7n.<\/li>\n
  • D\u1eef li\u1ec7u th\u00e1ng 4 th\u1ea5p h\u01a1n k\u1ef3 v\u1ecdng tr\u00ean m\u1ecdi ch\u1ec9 s\u1ed1, khi\u1ebfn k\u1ef3 v\u1ecdng t\u0103ng l\u00e3i su\u1ea5t trong th\u00e1ng 6 b\u1ecb \u0111\u1ea9y l\u00f9i.<\/li>\n
  • Hi\u1ec7n t\u1ea1i, d\u1eef li\u1ec7u n\u00e0y l\u00e0 y\u1ebfu t\u1ed1 t\u00e1c \u0111\u1ed9ng l\u1edbn nh\u1ea5t \u0111\u1ebfn \u0111\u1ed3ng Y\u00ean ngo\u00e0i kh\u1ea3 n\u0103ng can thi\u1ec7p t\u1ef7 gi\u00e1.<\/li>\n<\/ul>\n

    Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Nh\u1eadt B\u1ea3n (BoJ) v\u1ec1 c\u01a1 b\u1ea3n \u0111\u00e3 giao quy\u1ebft \u0111\u1ecbnh ch\u00ednh s\u00e1ch ti\u1ebfp theo c\u1ee7a m\u00ecnh cho c\u01a1 quan th\u1ed1ng k\u00ea. Sau hai \u0111\u1ee3t can thi\u1ec7p \u0111\u01b0\u1ee3c cho l\u00e0 tr\u1ecb gi\u00e1 h\u01a1n 60 t\u1ef7 USD v\u00e0o cu\u1ed1i th\u00e1ng 4 v\u00e0 \u0111\u1ea7u th\u00e1ng 5, USD\/JPY \u0111\u00e3 ph\u1ee5c h\u1ed3i kho\u1ea3ng 80% m\u1ee9c gi\u1ea3m tr\u01b0\u1edbc \u0111\u00f3 v\u00e0 hi\u1ec7n giao d\u1ecbch quanh 159,20, r\u1ea5t g\u1ea7n m\u1ed1c nh\u1ea1y c\u1ea3m 160,00.<\/p>\n

    Nh\u1eefng ph\u00e1t bi\u1ec3u g\u1ea7n \u0111\u00e2y c\u1ee7a Th\u1ed1ng \u0111\u1ed1c Kazuo Ueda kh\u00f4ng l\u00e0m ch\u1eadm l\u1ea1i \u0111\u00e0 t\u0103ng c\u1ee7a t\u1ef7 gi\u00e1, v\u00e0 c\u00e1c nh\u00e0 giao d\u1ecbch ng\u00e0y c\u00e0ng xem nh\u1eefng b\u00ecnh lu\u1eadn c\u1ee7a \u00f4ng nh\u01b0 l\u1eddi c\u1ea3nh b\u00e1o h\u01a1n l\u00e0 cam k\u1ebft h\u00e0nh \u0111\u1ed9ng. \u0110i\u1ec1u \u0111\u00f3 khi\u1ebfn CPI Tokyo tr\u1edf th\u00e0nh y\u1ebfu t\u1ed1 duy nh\u1ea5t c\u00f3 th\u1ec3 bu\u1ed9c th\u1ecb tr\u01b0\u1eddng ph\u1ea3i thay \u0111\u1ed5i quan \u0111i\u1ec3m m\u00e0 kh\u00f4ng c\u1ea7n th\u00eam s\u1ef1 can thi\u1ec7p t\u1eeb B\u1ed9 T\u00e0i ch\u00ednh Nh\u1eadt B\u1ea3n.<\/p>\n

    D\u1eef li\u1ec7u y\u1ebfu c\u1ee7a th\u00e1ng 4 v\u1eabn \u0111ang g\u00e2y \u1ea3nh h\u01b0\u1edfng<\/h3>\n

    CPI Tokyo th\u00e1ng tr\u01b0\u1edbc th\u1ea5p h\u01a1n k\u1ef3 v\u1ecdng \u1edf t\u1ea5t c\u1ea3 c\u00e1c ch\u1ec9 s\u1ed1 quan tr\u1ecdng.<\/p>\n

      \n
    • CPI t\u1ed5ng th\u1ec3: 1,5% YoY<\/li>\n
    • CPI kh\u00f4ng bao g\u1ed3m th\u1ef1c ph\u1ea9m t\u01b0\u01a1i s\u1ed1ng: 1,5% YoY<\/li>\n
    • CPI l\u00f5i-l\u00f5i (kh\u00f4ng g\u1ed3m th\u1ef1c ph\u1ea9m t\u01b0\u01a1i s\u1ed1ng v\u00e0 n\u0103ng l\u01b0\u1ee3ng): 1,9% YoY so v\u1edbi d\u1ef1 b\u00e1o 2,3%<\/li>\n<\/ul>\n

      S\u1ef1 s\u1ee5t gi\u1ea3m c\u1ee7a ch\u1ec9 s\u1ed1 l\u00f5i-l\u00f5i l\u00e0 y\u1ebfu t\u1ed1 quan tr\u1ecdng nh\u1ea5t, \u0111\u00e1nh d\u1ea5u t\u1ed1c \u0111\u1ed9 th\u1ea5p nh\u1ea5t k\u1ec3 t\u1eeb th\u00e1ng 3\/2022 v\u00e0 l\u00e0 th\u00e1ng th\u1ee9 ba li\u00ean ti\u1ebfp d\u01b0\u1edbi m\u1ee5c ti\u00eau 2% c\u1ee7a BoJ.<\/p>\n

      Th\u1ecb tr\u01b0\u1eddng l\u00e3i su\u1ea5t ph\u1ea3n \u1ee9ng ngay l\u1eadp t\u1ee9c b\u1eb1ng c\u00e1ch gi\u1ea3m k\u1ef3 v\u1ecdng t\u0103ng l\u00e3i su\u1ea5t trong th\u00e1ng 6, khi\u1ebfn \u0111\u1ed3ng Y\u00ean m\u1ea5t \u0111i m\u1ed9t trong s\u1ed1 \u00edt y\u1ebfu t\u1ed1 h\u1ed7 tr\u1ee3 ngo\u00e0i can thi\u1ec7p t\u1ef7 gi\u00e1.<\/p>\n

      D\u1ef1 b\u00e1o cho th\u00e1ng 5 cho th\u1ea5y CPI kh\u00f4ng bao g\u1ed3m th\u1ef1c ph\u1ea9m t\u01b0\u01a1i s\u1ed1ng gi\u1eef nguy\u00ean \u1edf m\u1ee9c 1,5% YoY. \u0110i\u1ec1u n\u00e0y ph\u1ea3n \u00e1nh \u0111\u00fang k\u1ef3 v\u1ecdng hi\u1ec7n t\u1ea1i c\u1ee7a th\u1ecb tr\u01b0\u1eddng.<\/p>\n

      V\u00ec sao c\u00e1c nh\u00e0 giao d\u1ecbch carry trade kh\u00f4ng lo l\u1eafng?<\/h3>\n

      Carry trade \u0111\u1ed3ng Y\u00ean hi\u1ec7n \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1edfi kho\u1ea3ng ch\u00eanh l\u1ec7ch l\u00e3i su\u1ea5t kho\u1ea3ng 300 \u0111i\u1ec3m c\u01a1 b\u1ea3n gi\u1eefa m\u1ee9c l\u00e3i su\u1ea5t m\u1ee5c ti\u00eau 3,50% – 3,75% c\u1ee7a Fed v\u00e0 l\u00e3i su\u1ea5t ch\u00ednh s\u00e1ch 0,75% c\u1ee7a BoJ.<\/p>\n

      M\u1ed7i ng\u00e0y CPI Tokyo kh\u00f4ng t\u1ea1o b\u1ea5t ng\u1edd theo h\u01b0\u1edbng t\u0103ng l\u00e0 th\u00eam m\u1ed9t ng\u00e0y l\u1ee3i th\u1ebf n\u00e0y \u0111\u01b0\u1ee3c duy tr\u00ec v\u00e0 c\u00e1c v\u1ecb th\u1ebf mua USD\/JPY ti\u1ebfp t\u1ee5c \u0111\u01b0\u1ee3c x\u00e2y d\u1ef1ng l\u1ea1i v\u1ec1 c\u00e1c m\u1ee9c tr\u01b0\u1edbc \u0111\u1ee3t can thi\u1ec7p ng\u00e0y 30\/4.<\/p>\n

      L\u1ee3i th\u1ebf hi\u1ec7n nghi\u00eang ho\u00e0n to\u00e0n v\u1ec1 ph\u00eda c\u00e1c nh\u00e0 giao d\u1ecbch carry trade. N\u1ebfu d\u1eef li\u1ec7u th\u1ea5p h\u01a1n k\u1ef3 v\u1ecdng, k\u1ecbch b\u1ea3n hi\u1ec7n t\u1ea1i \u0111\u01b0\u1ee3c c\u1ee7ng c\u1ed1. N\u1ebfu d\u1eef li\u1ec7u cao h\u01a1n k\u1ef3 v\u1ecdng, n\u00f3 ch\u1ec9 t\u1ea1o ra bi\u1ebfn \u0111\u1ed9ng ng\u1eafn h\u1ea1n v\u00ec m\u1ed9t b\u00e1o c\u00e1o CPI Tokyo \u0111\u01a1n l\u1ebb kh\u00f4ng \u0111\u1ee7 \u0111\u1ec3 bu\u1ed9c BoJ ph\u1ea3i t\u0103ng l\u00e3i su\u1ea5t n\u1ebfu \u00f4ng Ueda ch\u01b0a mu\u1ed1n l\u00e0m \u0111i\u1ec1u \u0111\u00f3.<\/p>\n

      D\u1eef li\u1ec7u c\u1ea7n t\u1ea1o b\u1ea5t ng\u1edd \u0111\u00e1ng k\u1ec3 \u1edf c\u1ea3 CPI t\u1ed5ng th\u1ec3 v\u00e0 CPI l\u00f5i-l\u00f5i, \u0111\u1eb7c bi\u1ec7t l\u00e0 nh\u1edd l\u1ea1m ph\u00e1t d\u1ecbch v\u1ee5 t\u0103ng t\u1ed1c r\u00f5 r\u1ec7t, m\u1edbi c\u00f3 th\u1ec3 th\u1ef1c s\u1ef1 thay \u0111\u1ed5i tri\u1ec3n v\u1ecdng ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7.<\/p>\n

      Bi\u1ec3u \u0111\u1ed3 c\u0169ng \u0111\u1ed3ng t\u00ecnh v\u1edbi b\u1ee9c tranh v\u0129 m\u00f4<\/h3>\n

      C\u1ea5u tr\u00fac bi\u1ec3u \u0111\u1ed3 ng\u00e0y cho th\u1ea5y USD\/JPY v\u1eabn n\u1eb1m tr\u00ean \u0111\u01b0\u1eddng EMA 50 ng\u00e0y quanh 158,50, trong khi EMA 200 ng\u00e0y \u1edf g\u1ea7n 155,50.<\/p>\n

      Ch\u1ec9 b\u00e1o Stochastic RSI tr\u00ean bi\u1ec3u \u0111\u1ed3 ng\u00e0y \u0111ang \u0111i l\u00ean v\u00e0 ti\u1ebfn g\u1ea7n v\u00f9ng qu\u00e1 mua, cho th\u1ea5y \u0111\u00e0 t\u0103ng c\u00f3 th\u1ec3 \u0111ang d\u1ea7n suy y\u1ebfu trong ng\u1eafn h\u1ea1n nh\u01b0ng ch\u01b0a xu\u1ea5t hi\u1ec7n t\u00edn hi\u1ec7u \u0111\u1ea3o chi\u1ec1u.<\/p>\n

      Trong phi\u00ean, t\u1ef7 gi\u00e1 gi\u1ea3m t\u1eeb 159,65 xu\u1ed1ng kho\u1ea3ng 159,20 tr\u01b0\u1edbc khi d\u1eef li\u1ec7u \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1, cho th\u1ea5y nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111ang gi\u1ea3m b\u1edbt v\u1ecb th\u1ebf tr\u01b0\u1edbc s\u1ef1 ki\u1ec7n thay v\u00ec b\u00e1n th\u00e1o m\u1ea1nh.<\/p>\n

      M\u1ed1c 160,00 v\u1eabn l\u00e0 ranh gi\u1edbi m\u00e0 B\u1ed9 T\u00e0i ch\u00ednh Nh\u1eadt B\u1ea3n \u0111\u00e3 th\u1ec3 hi\u1ec7n r\u00f5 s\u1ef1 quan t\u00e2m. Trong khi \u0111\u00f3, v\u00f9ng 158,50 \u0111\u00f3ng vai tr\u00f2 h\u1ed7 tr\u1ee3 \u0111\u1ea7u ti\u00ean, v\u00e0 n\u1ebfu b\u1ecb ph\u00e1 v\u1ee1, m\u1ee5c ti\u00eau ti\u1ebfp theo s\u1ebd l\u00e0 156,00.<\/p>\n

      C\u00e1c k\u1ecbch b\u1ea3n quan tr\u1ecdng<\/h3>\n
        \n
      • N\u1ebfu d\u1eef li\u1ec7u \u0111\u00fang k\u1ef3 v\u1ecdng (CPI kh\u00f4ng bao g\u1ed3m th\u1ef1c ph\u1ea9m t\u01b0\u01a1i s\u1ed1ng \u1edf m\u1ee9c 1,5% v\u00e0 CPI l\u00f5i-l\u00f5i quanh 1,9%), \u0111\u1ed3ng Y\u00ean c\u00f3 th\u1ec3 ti\u1ebfp t\u1ee5c suy y\u1ebfu v\u00e0 USD\/JPY c\u00f3 kh\u1ea3 n\u0103ng ki\u1ec3m tra m\u1ed1c 160,00 trong tu\u1ea7n t\u1edbi.<\/li>\n
      • N\u1ebfu d\u1eef li\u1ec7u th\u1ea5p h\u01a1n \u0111\u00e1ng k\u1ec3 (CPI kho\u1ea3ng 1,3% v\u00e0 CPI l\u00f5i-l\u00f5i d\u01b0\u1edbi 1,8%), k\u1ef3 v\u1ecdng t\u0103ng l\u00e3i su\u1ea5t th\u00e1ng 6 g\u1ea7n nh\u01b0 s\u1ebd b\u1ecb lo\u1ea1i b\u1ecf ho\u00e0n to\u00e0n. USD\/JPY c\u00f3 th\u1ec3 v\u01b0\u1ee3t 160,00 v\u00e0 kh\u1ea3 n\u0103ng Nh\u1eadt B\u1ea3n can thi\u1ec7p t\u1ef7 gi\u00e1 s\u1ebd tr\u1edf n\u00ean c\u1ea5p b\u00e1ch h\u01a1n.<\/li>\n
      • N\u1ebfu d\u1eef li\u1ec7u b\u1ea5t ng\u1edd m\u1ea1nh (CPI tr\u00ean 1,7% v\u00e0 CPI l\u00f5i-l\u00f5i t\u1eeb 2,1% tr\u1edf l\u00ean), \u0111\u00e2y s\u1ebd l\u00e0 y\u1ebfu t\u1ed1 h\u1ed7 tr\u1ee3 m\u1ea1nh nh\u1ea5t cho \u0111\u1ed3ng Y\u00ean trong tu\u1ea7n, \u0111\u1ed3ng th\u1eddi kh\u00f4i ph\u1ee5c k\u1ef3 v\u1ecdng t\u0103ng l\u00e3i su\u1ea5t v\u00e0o th\u00e1ng 6 ho\u1eb7c th\u00e1ng 7. Khi \u0111\u00f3 USD\/JPY c\u00f3 th\u1ec3 nhanh ch\u00f3ng gi\u1ea3m v\u1ec1 158,50.<\/li>\n<\/ul>\n

        Quan \u0111i\u1ec3m<\/h3>\n

        Xu h\u01b0\u1edbng d\u1ec5 x\u1ea3y ra nh\u1ea5t v\u1eabn l\u00e0 USD\/JPY ti\u1ebfp t\u1ee5c t\u0103ng tr\u1eeb khi CPI Tokyo t\u1ea1o b\u1ea5t ng\u1edd t\u0103ng \u0111\u1ee7 m\u1ea1nh \u0111\u1ec3 bu\u1ed9c th\u1ecb tr\u01b0\u1eddng ph\u1ea3i \u0111\u1ecbnh gi\u00e1 l\u1ea1i tri\u1ec3n v\u1ecdng t\u0103ng l\u00e3i su\u1ea5t c\u1ee7a BoJ trong ng\u1eafn h\u1ea1n.<\/p>\n

        Cho \u0111\u1ebfn l\u00fac \u0111\u00f3, c\u00e1c nh\u1ecbp \u0111i\u1ec1u ch\u1ec9nh gi\u1ea3m v\u1eabn \u0111\u01b0\u1ee3c xem l\u00e0 c\u01a1 h\u1ed9i mua, v\u00e0 s\u1ed1 ph\u1eadn c\u1ee7a \u0111\u1ed3ng Y\u00ean v\u1eabn ph\u1ee5 thu\u1ed9c v\u00e0o nh\u1eefng con s\u1ed1 th\u1ed1ng k\u00ea m\u00e0 l\u1ebd ra BoJ n\u00ean ch\u00fa \u00fd t\u1eeb l\u00e2u.<\/p>\n

        <\/h3>\n<\/div>\n
        \n

        C\u00e2u h\u1ecfi th\u01b0\u1eddng g\u1eb7p v\u1ec1 Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Nh\u1eadt B\u1ea3n (BoJ)<\/h3>\n

        Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Nh\u1eadt B\u1ea3n (BoJ) l\u00e0 ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng c\u1ee7a Nh\u1eadt B\u1ea3n, ch\u1ecbu tr\u00e1ch nhi\u1ec7m ho\u1ea1ch \u0111\u1ecbnh ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 c\u1ee7a qu\u1ed1c gia. Nhi\u1ec7m v\u1ee5 c\u1ee7a BoJ l\u00e0 ph\u00e1t h\u00e0nh ti\u1ec1n gi\u1ea5y v\u00e0 th\u1ef1c hi\u1ec7n c\u00e1c bi\u1ec7n ph\u00e1p ki\u1ec3m so\u00e1t ti\u1ec1n t\u1ec7 nh\u1eb1m \u0111\u1ea3m b\u1ea3o \u1ed5n \u0111\u1ecbnh gi\u00e1 c\u1ea3, v\u1edbi m\u1ee5c ti\u00eau l\u1ea1m ph\u00e1t kho\u1ea3ng 2%.<\/p>\n

        BoJ b\u1eaft \u0111\u1ea7u tri\u1ec3n khai ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 si\u00eau n\u1edbi l\u1ecfng t\u1eeb n\u0103m 2013 nh\u1eb1m k\u00edch th\u00edch n\u1ec1n kinh t\u1ebf v\u00e0 th\u00fac \u0111\u1ea9y l\u1ea1m ph\u00e1t trong b\u1ed1i c\u1ea3nh l\u1ea1m ph\u00e1t \u1edf m\u1ee9c th\u1ea5p k\u00e9o d\u00e0i. Ch\u00ednh s\u00e1ch n\u00e0y d\u1ef1a tr\u00ean ch\u01b0\u01a1ng tr\u00ecnh N\u1edbi l\u1ecfng \u0110\u1ecbnh l\u01b0\u1ee3ng v\u00e0 \u0110\u1ecbnh t\u00ednh (QQE), t\u1ee9c l\u00e0 in ti\u1ec1n \u0111\u1ec3 mua c\u00e1c t\u00e0i s\u1ea3n nh\u01b0 tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 v\u00e0 tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p nh\u1eb1m b\u01a1m thanh kho\u1ea3n v\u00e0o n\u1ec1n kinh t\u1ebf.<\/p>\n

        \u0110\u1ebfn n\u0103m 2016, BoJ ti\u1ebfp t\u1ee5c n\u1edbi l\u1ecfng ch\u00ednh s\u00e1ch b\u1eb1ng c\u00e1ch \u00e1p d\u1ee5ng l\u00e3i su\u1ea5t \u00e2m v\u00e0 sau \u0111\u00f3 tr\u1ef1c ti\u1ebfp ki\u1ec3m so\u00e1t l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 k\u1ef3 h\u1ea1n 10 n\u0103m. V\u00e0o th\u00e1ng 3 n\u0103m 2024, BoJ \u0111\u00e3 t\u0103ng l\u00e3i su\u1ea5t, \u0111\u00e1nh d\u1ea5u b\u01b0\u1edbc r\u00fat lui kh\u1ecfi ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 si\u00eau n\u1edbi l\u1ecfng k\u00e9o d\u00e0i nhi\u1ec1u n\u0103m.<\/p>\n

        C\u00e1c bi\u1ec7n ph\u00e1p k\u00edch th\u00edch quy m\u00f4 l\u1edbn c\u1ee7a BoJ \u0111\u00e3 khi\u1ebfn \u0111\u1ed3ng Y\u00ean suy y\u1ebfu so v\u1edbi c\u00e1c \u0111\u1ed3ng ti\u1ec1n ch\u1ee7 ch\u1ed1t kh\u00e1c. Xu h\u01b0\u1edbng n\u00e0y tr\u1edf n\u00ean m\u1ea1nh h\u01a1n trong giai \u0111o\u1ea1n 2022\u20132023 khi kho\u1ea3ng c\u00e1ch ch\u00ednh s\u00e1ch gi\u1eefa BoJ v\u00e0 c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng l\u1edbn kh\u00e1c ng\u00e0y c\u00e0ng m\u1edf r\u1ed9ng. Trong khi nhi\u1ec1u ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng tr\u00ean th\u1ebf gi\u1edbi t\u0103ng m\u1ea1nh l\u00e3i su\u1ea5t \u0111\u1ec3 ch\u1ed1ng l\u1ea1m ph\u00e1t cao nh\u1ea5t trong nhi\u1ec1u th\u1eadp k\u1ef7, BoJ v\u1eabn duy tr\u00ec ch\u00ednh s\u00e1ch c\u1ef1c k\u1ef3 n\u1edbi l\u1ecfng.<\/p>\n

        S\u1ef1 kh\u00e1c bi\u1ec7t n\u00e0y l\u00e0m gia t\u0103ng ch\u00eanh l\u1ec7ch l\u00e3i su\u1ea5t gi\u1eefa Nh\u1eadt B\u1ea3n v\u00e0 c\u00e1c qu\u1ed1c gia kh\u00e1c, g\u00e2y \u00e1p l\u1ef1c gi\u1ea3m l\u00ean \u0111\u1ed3ng Y\u00ean. Xu h\u01b0\u1edbng n\u00e0y ch\u1ec9 ph\u1ea7n n\u00e0o \u0111\u1ea3o ng\u01b0\u1ee3c trong n\u0103m 2024 khi BoJ quy\u1ebft \u0111\u1ecbnh t\u1eeb b\u1ecf l\u1eadp tr\u01b0\u1eddng si\u00eau n\u1edbi l\u1ecfng tr\u01b0\u1edbc \u0111\u00f3.<\/p>\n

        \u0110\u1ed3ng Y\u00ean suy y\u1ebfu c\u00f9ng v\u1edbi \u0111\u00e0 t\u0103ng c\u1ee7a gi\u00e1 n\u0103ng l\u01b0\u1ee3ng to\u00e0n c\u1ea7u \u0111\u00e3 khi\u1ebfn l\u1ea1m ph\u00e1t t\u1ea1i Nh\u1eadt B\u1ea3n t\u0103ng l\u00ean v\u00e0 v\u01b0\u1ee3t m\u1ee5c ti\u00eau 2% c\u1ee7a BoJ. B\u00ean c\u1ea1nh \u0111\u00f3, tri\u1ec3n v\u1ecdng ti\u1ec1n l\u01b0\u01a1ng t\u0103ng cao trong n\u01b0\u1edbc \u2013 m\u1ed9t y\u1ebfu t\u1ed1 quan tr\u1ecdng th\u00fac \u0111\u1ea9y l\u1ea1m ph\u00e1t \u2013 c\u0169ng g\u00f3p ph\u1ea7n h\u1ed7 tr\u1ee3 xu h\u01b0\u1edbng n\u00e0y.<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

        Ch\u1ec9 s\u1ed1 Gi\u00e1 Ti\u00eau d\u00f9ng (CPI) t\u1ed5ng th\u1ec3 c\u1ee7a Tokyo trong th\u00e1ng 5 t\u0103ng 1,4% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m […]<\/p>","protected":false},"author":5,"featured_media":83312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[222],"tags":[],"class_list":["post-83311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ngoai-hoi"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/83311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=83311"}],"version-history":[{"count":1,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/83311\/revisions"}],"predecessor-version":[{"id":83421,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/83311\/revisions\/83421"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/83312"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=83311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=83311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=83311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}