{"id":7419,"date":"2025-08-18T07:25:37","date_gmt":"2025-08-18T07:25:37","guid":{"rendered":"https:\/\/www.mdwcc.com\/?p=7419"},"modified":"2025-09-23T01:41:15","modified_gmt":"2025-09-23T01:41:15","slug":"a-panoramic-view-of-the-us-economy-from-cpi-to-debt-inflation-divergence-policy-gambling-and-debt-pressure-intertwined","status":"publish","type":"post","link":"https:\/\/www.mdwcc.com\/vi\/a-panoramic-view-of-the-us-economy-from-cpi-to-debt-inflation-divergence-policy-gambling-and-debt-pressure-intertwined\/","title":{"rendered":"To\u00e0n c\u1ea3nh n\u1ec1n kinh t\u1ebf Hoa K\u1ef3 t\u1eeb CPI \u0111\u1ebfn n\u1ee3: S\u1ef1 ph\u00e2n k\u1ef3 l\u1ea1m ph\u00e1t, ch\u00ednh s\u00e1ch \u0111\u00e1nh b\u1ea1c v\u00e0 \u00e1p l\u1ef1c n\u1ee3 \u0111an xen"},"content":{"rendered":"<p>V\u00e0o th\u00e1ng 7 n\u0103m 2025, Hoa K\u1ef3 \u0111\u00e3 c\u00f4ng b\u1ed1 m\u1ed9t l\u01b0\u1ee3ng l\u1edbn d\u1eef li\u1ec7u kinh t\u1ebf. Bi\u1ebfn \u0111\u1ed9ng trong d\u1eef li\u1ec7u l\u1ea1m ph\u00e1t CPI, ph\u1ea3n \u1ee9ng d\u00e2y chuy\u1ec1n tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh, s\u1ef1 kh\u00e1c bi\u1ec7t trong k\u1ef3 v\u1ecdng ch\u00ednh s\u00e1ch c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang v\u00e0 s\u1ef1 gia t\u0103ng li\u00ean t\u1ee5c c\u1ee7a th\u00e2m h\u1ee5t ng\u00e2n s\u00e1ch \u0111\u00e3 ph\u00e1c h\u1ecda m\u1ed9t b\u1ee9c tranh ph\u1ee9c t\u1ea1p v\u1ec1 ho\u1ea1t \u0111\u1ed9ng kinh t\u1ebf hi\u1ec7n t\u1ea1i.<\/p>\n<h4>1. D\u1eef li\u1ec7u CPI bi\u1ebfn \u0111\u1ed9ng v\u01b0\u1ee3t qu\u00e1 d\u1ef1 ki\u1ebfn \u200b\u200bv\u00e0 th\u1ecb tr\u01b0\u1eddng ph\u1ea3n \u1ee9ng m\u1ea1nh<\/h4>\n<p>D\u1eef li\u1ec7u CPI c\u1ee7a Hoa K\u1ef3 trong th\u00e1ng 7 cho th\u1ea5y m\u1ed9t m\u00f4 h\u00ecnh ph\u00e2n k\u1ef3 gi\u1eefa \"l\u1ea1m ph\u00e1t c\u01a1 b\u1ea3n m\u1ea1nh v\u00e0 l\u1ea1m ph\u00e1t chung y\u1ebfu\". CPI c\u01a1 b\u1ea3n, kh\u00f4ng bao g\u1ed3m th\u1ef1c ph\u1ea9m v\u00e0 n\u0103ng l\u01b0\u1ee3ng, \u0111\u00e3 t\u0103ng l\u00ean 3,1% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc, m\u1ee9c cao nh\u1ea5t trong n\u0103m th\u00e1ng v\u00e0 v\u01b0\u1ee3t qu\u00e1 k\u1ef3 v\u1ecdng c\u1ee7a th\u1ecb tr\u01b0\u1eddng l\u00e0 3,0%. CPI c\u01a1 b\u1ea3n h\u00e0ng th\u00e1ng \u0111\u00e3 t\u0103ng l\u00ean 0,3%, l\u1ea7n \u0111\u1ea7u ti\u00ean \u0111\u1ea1t m\u1ee9c n\u00e0y k\u1ec3 t\u1eeb th\u00e1ng 1 v\u00e0 cao h\u01a1n 0,2% so v\u1edbi s\u1ed1 li\u1ec7u tr\u01b0\u1edbc \u0111\u00f3, cho th\u1ea5y \u00e1p l\u1ef1c l\u1ea1m ph\u00e1t c\u01a1 b\u1ea3n ti\u1ebfp t\u1ee5c t\u00edch t\u1ee5. Ng\u01b0\u1ee3c l\u1ea1i, CPI to\u00e0n ph\u1ea7n \u0111\u1ea1t 2,7% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc, th\u1ea5p h\u01a1n k\u1ef3 v\u1ecdng 2,8% v\u00e0 kh\u00f4ng thay \u0111\u1ed5i so v\u1edbi s\u1ed1 li\u1ec7u tr\u01b0\u1edbc \u0111\u00f3. CPI h\u00e0ng th\u00e1ng l\u00e0 0,2% ph\u00f9 h\u1ee3p v\u1edbi k\u1ef3 v\u1ecdng nh\u01b0ng gi\u1ea3m so v\u1edbi m\u1ee9c 0,3% trong s\u1ed1 li\u1ec7u tr\u01b0\u1edbc \u0111\u00f3.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" width=\"1182\" height=\"648\" class=\"wp-image-7420\" src=\"https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256.png\" alt=\"IMG_256\" srcset=\"https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256.png 1182w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256-300x164.png 300w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256-1024x561.png 1024w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256-768x421.png 768w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256-900x493.png 900w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256-600x329.png 600w\" sizes=\"(max-width: 1182px) 100vw, 1182px\" \/><\/p>\n<p>Vi\u1ec7c c\u00f4ng b\u1ed1 d\u1eef li\u1ec7u ngay l\u1eadp t\u1ee9c l\u00e0m chao \u0111\u1ea3o th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh: gi\u00e1 v\u00e0ng giao ngay t\u0103ng v\u1ecdt l\u00ean m\u1ee9c cao nh\u1ea5t l\u00e0 3.354 \u0111\u00f4 la m\u1ed9t ounce, r\u1ed3i ph\u1ee5c h\u1ed3i sau m\u1ed9t \u0111\u1ee3t gi\u1ea3m m\u1ea1nh, cu\u1ed1i c\u00f9ng \u0111\u00f3ng c\u1eeda \u1edf m\u1ee9c 3.351,21 \u0111\u00f4 la m\u1ed9t ounce. Ch\u1ec9 s\u1ed1 \u0111\u00f4 la M\u1ef9 gi\u1ea3m h\u01a1n 30 \u0111i\u1ec3m trong th\u1eddi gian ng\u1eafn, trong khi c\u00e1c \u0111\u1ed3ng ti\u1ec1n kh\u00e1c nh\u00ecn chung \u0111\u1ec1u t\u0103ng gi\u00e1. \u0110\u1ed3ng b\u1ea3ng Anh v\u01b0\u1ee3t m\u1ed1c 1,35 so v\u1edbi \u0111\u00f4 la M\u1ef9, \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 gi\u1ea3m xu\u1ed1ng d\u01b0\u1edbi 148 so v\u1edbi \u0111\u1ed3ng y\u00ean Nh\u1eadt, v\u00e0 \u0111\u1ed3ng euro t\u0103ng g\u1ea7n 50 \u0111i\u1ec3m so v\u1edbi \u0111\u00f4 la M\u1ef9. H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai l\u00e3i su\u1ea5t ng\u1eafn h\u1ea1n c\u1ee7a M\u1ef9 gi\u1ea3m, do c\u00e1c nh\u00e0 giao d\u1ecbch t\u0103ng \u0111\u1eb7t c\u01b0\u1ee3c v\u00e0o vi\u1ec7c C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang (Fed) s\u1ebd c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t v\u00e0o th\u00e1ng 9, trong khi v\u1eabn duy tr\u00ec k\u1ef3 v\u1ecdng v\u1ec1 vi\u1ec7c c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t v\u00e0o th\u00e1ng 12.<\/p>\n<h4>2. C\u00e1c y\u1ebfu t\u1ed1 th\u00fac \u0111\u1ea9y l\u1ea1m ph\u00e1t r\u1ea5t ph\u1ee9c t\u1ea1p, trong \u0111\u00f3 thu\u1ebf quan v\u00e0 \u201cc\u00e1c d\u1ecbch v\u1ee5 si\u00eau c\u1ed1t l\u00f5i\u201d \u0111ang tr\u1edf th\u00e0nh tr\u1ecdng t\u00e2m.<\/h4>\n<p>\u0110\u1eb7c \u0111i\u1ec3m c\u01a1 c\u1ea5u c\u1ee7a l\u1ea1m ph\u00e1t \u0111\u1eb7c bi\u1ec7t n\u1ed5i b\u1eadt trong th\u00e1ng 7. \"C\u00e1c d\u1ecbch v\u1ee5 si\u00eau c\u1ed1t l\u00f5i\" (kh\u00f4ng bao g\u1ed3m nh\u00e0 \u1edf, h\u00e0ng h\u00f3a, th\u1ef1c ph\u1ea9m v\u00e0 n\u0103ng l\u01b0\u1ee3ng), tr\u1ecdng t\u00e2m ch\u00ednh c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang, \u0111\u00e3 t\u0103ng 0,48% trong th\u00e1ng 7, m\u1ee9c t\u0103ng l\u1edbn nh\u1ea5t k\u1ec3 t\u1eeb th\u00e1ng 1. Gi\u00e1 v\u00e9 m\u00e1y bay t\u0103ng 4% (cao nh\u1ea5t trong h\u01a1n ba n\u0103m) v\u00e0 d\u1ecbch v\u1ee5 nha khoa t\u0103ng 2,6% (m\u1ee9c cao k\u1ef7 l\u1ee5c), g\u00f3p ph\u1ea7n \u0111\u00e1ng k\u1ec3 v\u00e0o l\u1ea1m ph\u00e1t c\u1ed1t l\u00f5i. T\u00e1c \u0111\u1ed9ng c\u1ee7a thu\u1ebf quan \u0111\u1ed1i v\u1edbi gi\u00e1 c\u1ea3 ti\u1ebfp t\u1ee5c \u0111\u01b0\u1ee3c c\u1ea3m nh\u1eadn. Gi\u00e1 c\u00e1c m\u1eb7t h\u00e0ng gia d\u1ee5ng, b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi thu\u1ebf quan, \u0111\u00e3 t\u0103ng 0,7% trong th\u00e1ng. M\u1eb7c d\u00f9 t\u1ed1c \u0111\u1ed9 t\u0103ng \u0111\u00e3 ch\u1eadm l\u1ea1i, m\u1ee9c t\u0103ng 2,4% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc v\u1eabn \u0111\u1ea1t m\u1ee9c cao nh\u1ea5t trong hai n\u0103m. Gi\u00e1 c\u00e1c s\u1ea3n ph\u1ea9m video v\u00e0 \u00e2m thanh t\u0103ng 0,8% trong th\u00e1ng v\u00e0 m\u1ee9c t\u0103ng 0,4% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc l\u00e0 m\u1ee9c t\u0103ng l\u1edbn nh\u1ea5t k\u1ec3 t\u1eeb n\u0103m 2021.<\/p>\n<p><img decoding=\"async\" width=\"1037\" height=\"529\" class=\"wp-image-7421\" src=\"https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/20250813_155457.png\" alt=\"Tr\u00edch \u0111o\u1ea1n c\u1ee5c b\u1ed9_20250813_155457\" srcset=\"https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/20250813_155457.png 1037w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/20250813_155457-300x153.png 300w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/20250813_155457-1024x522.png 1024w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/20250813_155457-768x392.png 768w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/20250813_155457-900x459.png 900w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/20250813_155457-600x306.png 600w\" sizes=\"(max-width: 1037px) 100vw, 1037px\" \/><\/p>\n<p>C\u00e1c t\u1ed5 ch\u1ee9c nh\u01b0 Ng\u00e2n h\u00e0ng Th\u01b0\u01a1ng m\u1ea1i Ho\u00e0ng gia Canada d\u1ef1 \u0111o\u00e1n r\u1eb1ng thu\u1ebf quan c\u00f3 th\u1ec3 \u0111\u1ea9y gi\u00e1 xe m\u1edbi l\u00ean cao h\u01a1n n\u1eefa sau khi c\u00e1c m\u1eabu xe m\u1edbi ra m\u1eaft v\u00e0o m\u00f9a thu, do t\u00e1c \u0111\u1ed9ng k\u1ebft h\u1ee3p c\u1ee7a vi\u1ec7c gi\u1ea3m l\u01b0\u1ee3ng h\u00e0ng t\u1ed3n kho v\u00e0 thu\u1ebf quan m\u1edbi. Tuy nhi\u00ean, t\u1ed1c \u0111\u1ed9 t\u0103ng gi\u00e1 qu\u1ea7n \u00e1o \u0111\u00e3 ch\u1eadm l\u1ea1i \u1edf m\u1ee9c 0,1%, ban \u0111\u1ea7u cho th\u1ea5y t\u00e1c \u0111\u1ed9ng c\u1ee7a thu\u1ebf quan \u0111\u1ed1i v\u1edbi l\u0129nh v\u1ef1c n\u00e0y c\u00f3 th\u1ec3 \u0111\u00e3 gi\u1ea3m nh\u1eb9. \u0110\u00e1ng ch\u00fa \u00fd, gi\u00e1 c\u1ea3 \u1edf c\u00e1c m\u1eb7t h\u00e0ng thi\u1ebft y\u1ebfu, \u0111i\u1ec1u m\u00e0 Trump \u0111\u00e3 nhi\u1ec1u l\u1ea7n nh\u1ea5n m\u1ea1nh, \u0111\u00e3 h\u1ea1 nhi\u1ec7t: \"Th\u1ef1c ph\u1ea9m \u0111\u1ec3 b\u00e1n\" gi\u1ea3m nh\u1eb9 0,1%, trong khi gi\u00e1 n\u0103ng l\u01b0\u1ee3ng gi\u1ea3m 1,1%, gi\u00e1 x\u0103ng gi\u1ea3m 2,2%, gi\u00fap gi\u1ea3m b\u1edbt m\u1ed9t s\u1ed1 \u00e1p l\u1ef1c chi ph\u00ed sinh ho\u1ea1t cho c\u00e1c h\u1ed9 gia \u0111\u00ecnh.<\/p>\n<h4>3. S\u1ef1 kh\u00e1c bi\u1ec7t v\u1ec1 th\u1ec3 ch\u1ebf ng\u00e0y c\u00e0ng gia t\u0103ng v\u00e0 \u0111\u1ecbnh h\u01b0\u1edbng ch\u00ednh s\u00e1ch c\u1ee7a Fed tr\u1edf th\u00e0nh m\u1ed1i quan t\u00e2m c\u1ed1t l\u00f5i c\u1ee7a th\u1ecb tr\u01b0\u1eddng<\/h4>\n<p>C\u00e1c nh\u00e0 ph\u00e2n t\u00edch v\u00e0 t\u1ed5 ch\u1ee9c c\u00f3 quan \u0111i\u1ec3m kh\u00e1c nhau \u0111\u00e1ng k\u1ec3 v\u1ec1 d\u1eef li\u1ec7u CPI th\u00e1ng 7. Nh\u00e0 ph\u00e2n t\u00edch Anstey c\u1ea3nh b\u00e1o r\u1eb1ng CPI l\u00f5i \u0111\u00e3 v\u01b0\u1ee3t k\u1ef3 v\u1ecdng l\u1ea7n \u0111\u1ea7u ti\u00ean sau s\u00e1u th\u00e1ng, khuy\u1ebfn c\u00e1o th\u1eadn tr\u1ecdng tr\u01b0\u1edbc \u0111i\u1ec3m u\u1ed1n l\u1ea1m ph\u00e1t. D\u1eef li\u1ec7u n\u00e0y c\u00f3 th\u1ec3 ti\u1ebfp t\u1ee5c v\u01b0\u1ee3t k\u1ef3 v\u1ecdng, tr\u00e1i ng\u01b0\u1ee3c v\u1edbi xu h\u01b0\u1edbng l\u1ea1m ph\u00e1t 12 th\u00e1ng m\u00e0 Ch\u1ee7 t\u1ecbch C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang Powell \u0111ang t\u1eadp trung theo d\u00f5i, v\u00e0 kh\u00f4ng ph\u1ea3i l\u00e0 m\u1ed9t t\u00edn hi\u1ec7u t\u00edch c\u1ef1c.<\/p>\n<p><img decoding=\"async\" width=\"1024\" height=\"540\" class=\"wp-image-7422\" src=\"https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/20250813_160708.png\" alt=\"C\u1eaft m\u1ed9t ph\u1ea7n_20250813_160708\" srcset=\"https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/20250813_160708.png 1024w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/20250813_160708-300x158.png 300w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/20250813_160708-768x405.png 768w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/20250813_160708-900x475.png 900w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/20250813_160708-600x316.png 600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>Tuy nhi\u00ean, nh\u1eefng ng\u01b0\u1eddi l\u1ea1c quan tin r\u1eb1ng v\u1eabn c\u00f2n d\u01b0 \u0111\u1ecba cho vi\u1ec7c n\u1edbi l\u1ecfng ch\u00ednh s\u00e1ch. Nh\u00e0 ph\u00e2n t\u00edch Jersey l\u01b0u \u00fd r\u1eb1ng d\u1eef li\u1ec7u CPI h\u00e0ng th\u00e1ng cho th\u1ea5y ch\u1ec9 s\u1ed1 PCE tr\u01b0\u1edbc cu\u1ed9c h\u1ecdp c\u1ee7a Fed v\u00e0o th\u00e1ng 9 c\u00f3 th\u1ec3 \u0111\u1ea1t m\u1ee5c ti\u00eau 2%, m\u1edf \u0111\u01b0\u1eddng cho vi\u1ec7c c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t. CreditSights th\u1eadm ch\u00ed c\u00f2n d\u1ef1 \u0111o\u00e1n l\u00e3i su\u1ea5t s\u1ebd gi\u1ea3m 50 \u0111i\u1ec3m c\u01a1 b\u1ea3n v\u00e0o th\u00e1ng 9, do th\u1ecb tr\u01b0\u1eddng lao \u0111\u1ed9ng \u0111ang h\u1ea1 nhi\u1ec7t \u0111\u00e3 tr\u1edf th\u00e0nh m\u1ed1i quan t\u00e2m c\u1ed1t l\u00f5i c\u1ee7a c\u00e1c nh\u00e0 ho\u1ea1ch \u0111\u1ecbnh ch\u00ednh s\u00e1ch.<\/p>\n<h4>4. \u0110\u1ed9 tin c\u1eady c\u1ee7a d\u1eef li\u1ec7u b\u1ecb nghi ng\u1edd v\u00e0 c\u00e1c y\u1ebfu t\u1ed1 ch\u00ednh tr\u1ecb \u0111ang can thi\u1ec7p v\u00e0o gi\u00e1 th\u1ecb tr\u01b0\u1eddng.<\/h4>\n<p>B\u00e1o c\u00e1o CPI th\u00e1ng 7 \u0111\u1eb7c bi\u1ec7t \u1edf ch\u1ed7 \u0111\u00e2y l\u00e0 d\u1eef li\u1ec7u l\u1ea1m ph\u00e1t \u0111\u1ea7u ti\u00ean \u0111\u01b0\u1ee3c C\u1ee5c Th\u1ed1ng k\u00ea Lao \u0111\u1ed9ng (BLS) c\u00f4ng b\u1ed1 k\u1ec3 t\u1eeb khi T\u1ed5ng th\u1ed1ng Trump sa th\u1ea3i gi\u00e1m \u0111\u1ed1c c\u01a1 quan n\u00e0y. \u0110\u1ed9ng th\u00e1i n\u00e0y \u0111\u00e3 l\u00e0m d\u1ea5y l\u00ean lo ng\u1ea1i c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u1ec1 \u0111\u1ed9 tin c\u1eady c\u1ee7a d\u1eef li\u1ec7u ch\u00ednh th\u1ee9c. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 to\u00e0n c\u1ea7u d\u1ef1a v\u00e0o d\u1eef li\u1ec7u n\u00e0y \u0111\u1ec3 \u0111\u1ecbnh gi\u00e1 h\u00e0ng ngh\u00ecn t\u1ef7 \u0111\u00f4 la t\u00e0i s\u1ea3n, v\u00e0 t\u1ef7 l\u1ec7 ph\u1ea3n h\u1ed3i kh\u1ea3o s\u00e1t c\u1ee7a BLS gi\u1ea3m s\u00fat trong nhi\u1ec1u n\u0103m qua \u0111\u00e3 l\u00e0m d\u1ea5y l\u00ean nghi ng\u1edd v\u1ec1 ch\u1ea5t l\u01b0\u1ee3ng c\u1ee7a n\u00f3. Chi\u1ebfn l\u01b0\u1ee3c gia Thierry Weitzman c\u1ee7a Macquarie \u0111\u00e3 th\u1eb3ng th\u1eafn tuy\u00ean b\u1ed1 r\u1eb1ng nh\u1eefng nghi ng\u1edd v\u1ec1 vi\u1ec7c thao t\u00fang d\u1eef li\u1ec7u ch\u00ednh tr\u1ecb c\u00f3 th\u1ec3 tr\u1ef1c ti\u1ebfp l\u00e0m sai l\u1ec7ch xu h\u01b0\u1edbng th\u1ecb tr\u01b0\u1eddng.<\/p>\n<h4>Th\u00e2m h\u1ee5t t\u00e0i ch\u00ednh \u0111\u1ea1t m\u1ee9c cao m\u1edbi v\u00e0 \u00e1p l\u1ef1c n\u1ee3 \u0111ang ti\u1ebfn g\u1ea7n \u0111\u1ebfn \u0111i\u1ec3m t\u1edbi h\u1ea1n<\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"988\" height=\"644\" class=\"wp-image-7423\" src=\"https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256-1.png\" alt=\"IMG_256\" srcset=\"https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256-1.png 988w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256-1-300x196.png 300w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256-1-768x501.png 768w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256-1-900x587.png 900w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256-1-600x391.png 600w\" sizes=\"(max-width: 988px) 100vw, 988px\" \/><\/p>\n<p>B\u00e1o c\u00e1o t\u00e0i ch\u00ednh \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 c\u00f9ng v\u1edbi d\u1eef li\u1ec7u l\u1ea1m ph\u00e1t \u0111\u00e3 v\u1ebd n\u00ean m\u1ed9t b\u1ee9c tranh th\u1eadm ch\u00ed c\u00f2n \u1ea3m \u0111\u1ea1m h\u01a1n. Chi ti\u00eau c\u1ee7a ch\u00ednh ph\u1ee7 li\u00ean bang Hoa K\u1ef3 \u0111\u00e3 t\u0103ng v\u1ecdt 9,7% trong th\u00e1ng 7 l\u00ean 630 t\u1ef7 \u0111\u00f4 la, m\u1ee9c cao th\u1ee9 hai k\u1ec3 t\u1eeb th\u00e1ng 1. Doanh thu ch\u1ec9 t\u0103ng 2,5% l\u00ean 338 t\u1ef7 \u0111\u00f4 la, bao g\u1ed3m 19,3 t\u1ef7 \u0111\u00f4 la doanh thu thu\u1ebf quan (kh\u00f4ng bao g\u1ed3m thu\u1ebf quan, doanh thu th\u1ef1c t\u1ebf \u0111\u00e3 gi\u1ea3m so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m ngo\u00e1i). S\u1ef1 m\u1ea5t c\u00e2n b\u1eb1ng n\u00e0y \u0111\u00e3 khi\u1ebfn th\u00e2m h\u1ee5t t\u00e0i ch\u00ednh t\u0103ng v\u1ecdt l\u00ean 291 t\u1ef7 \u0111\u00f4 la trong th\u00e1ng 7, t\u0103ng 20% \u200b\u200bso v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc v\u00e0 l\u00e0 m\u1ee9c th\u00e2m h\u1ee5t th\u00e1ng 7 cao th\u1ee9 hai \u0111\u01b0\u1ee3c ghi nh\u1eadn. T\u00ednh \u0111\u1ebfn th\u00e1ng 7, th\u00e2m h\u1ee5t t\u00edch l\u0169y cho n\u0103m t\u00e0i ch\u00ednh hi\u1ec7n t\u1ea1i \u0111\u1ea1t 1,629 ngh\u00ecn t\u1ef7 \u0111\u00f4 la, t\u0103ng 7,4% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m ngo\u00e1i. N\u0103m t\u00e0i ch\u00ednh 2025 c\u00f3 th\u1ec3 l\u00e0 n\u0103m th\u00e2m h\u1ee5t l\u1edbn th\u1ee9 ba trong l\u1ecbch s\u1eed Hoa K\u1ef3.<\/p>\n<p>Nghi\u00eam tr\u1ecdng h\u01a1n, t\u1ed5ng n\u1ee3 qu\u1ed1c gia c\u1ee7a Hoa K\u1ef3 \u0111\u00e3 v\u01b0\u1ee3t qu\u00e1 37 ngh\u00ecn t\u1ef7 \u0111\u00f4 la l\u1ea7n \u0111\u1ea7u ti\u00ean, g\u1ea5p kho\u1ea3ng 1,27 l\u1ea7n GDP danh ngh\u0129a n\u0103m 2024. Ch\u1ec9 ri\u00eang trong th\u00e1ng 7, chi tr\u1ea3 l\u00e3i \u0111\u00e3 \u0111\u1ea1t 91,9 t\u1ef7 \u0111\u00f4 la, n\u00e2ng t\u1ed5ng s\u1ed1 ti\u1ec1n trong m\u01b0\u1eddi th\u00e1ng \u0111\u1ea7u n\u0103m l\u00ean h\u01a1n 1,019 ngh\u00ecn t\u1ef7 \u0111\u00f4 la v\u00e0 c\u00f3 kh\u1ea3 n\u0103ng v\u01b0\u1ee3t qu\u00e1 1,2 ngh\u00ecn t\u1ef7 \u0111\u00f4 la cho c\u1ea3 n\u0103m, v\u1eefng ch\u1eafc x\u1ebfp h\u1ea1ng \u0111\u00e2y l\u00e0 kho\u1ea3n chi ti\u00eau li\u00ean bang l\u1edbn th\u1ee9 hai, ch\u1ec9 sau An sinh X\u00e3 h\u1ed9i. M\u1eb7c d\u00f9 doanh thu thu\u1ebf quan v\u1eabn \u1edf m\u1ee9c cao trong b\u1ed1n th\u00e1ng li\u00ean ti\u1ebfp (kho\u1ea3ng 19,3 t\u1ef7 \u0111\u00f4 la trong th\u00e1ng 7, ho\u1eb7c 240 t\u1ef7 \u0111\u00f4 la c\u1ea3 n\u0103m), nh\u01b0ng \u0111\u00e2y ch\u1ec9 l\u00e0 m\u1ed9t ph\u1ea7n nh\u1ecf so v\u1edbi m\u1ee9c t\u0103ng g\u1ea7n 10% trong chi ti\u00eau, khi\u1ebfn vi\u1ec7c \u0111\u1ea3o ng\u01b0\u1ee3c t\u00ecnh h\u00ecnh t\u00e0i kh\u00f3a \u0111ang x\u1ea5u \u0111i tr\u1edf n\u00ean kh\u00f3 kh\u0103n.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1020\" height=\"651\" class=\"wp-image-7424\" src=\"https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256-2.png\" alt=\"IMG_256\" srcset=\"https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256-2.png 1020w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256-2-300x191.png 300w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256-2-768x490.png 768w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256-2-900x574.png 900w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2025\/08\/img_256-2-600x383.png 600w\" sizes=\"(max-width: 1020px) 100vw, 1020px\" \/><\/p>\n<h4>Ph\u1ea7n k\u1ebft lu\u1eadn<\/h4>\n<p>D\u1eef li\u1ec7u th\u00e1ng 7 cho th\u1ea5y nhi\u1ec1u m\u00e2u thu\u1eabn trong n\u1ec1n kinh t\u1ebf Hoa K\u1ef3: l\u1ea1m ph\u00e1t l\u00f5i kh\u00f3 ki\u1ec3m so\u00e1t song h\u00e0nh v\u1edbi l\u1ea1m ph\u00e1t chung \u0111ang h\u1ea1 nhi\u1ec7t; gi\u00e1 c\u1ea3 t\u0103ng ng\u1eafn h\u1ea1n do thu\u1ebf quan \u0111an xen v\u1edbi \u00e1p l\u1ef1c t\u00e0i kh\u00f3a d\u00e0i h\u1ea1n; v\u00e0 s\u1ef1 gi\u1eb1ng co gi\u1eefa k\u1ef3 v\u1ecdng v\u1ec1 vi\u1ec7c C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t v\u00e0 r\u1ee7i ro l\u1ea1m ph\u00e1t v\u1eabn ti\u1ebfp di\u1ec5n. Nh\u1eefng m\u00e2u thu\u1eabn n\u00e0y kh\u00f4ng ch\u1ec9 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn nh\u1eefng bi\u1ebfn \u0111\u1ed9ng ng\u1eafn h\u1ea1n tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh m\u00e0 c\u00f2n b\u00e1o tr\u01b0\u1edbc s\u1ef1 ph\u1ee9c t\u1ea1p c\u1ee7a c\u00e1c \u0111i\u1ec1u ch\u1ec9nh ch\u00ednh s\u00e1ch kinh t\u1ebf trong t\u01b0\u01a1ng lai. Vi\u1ec7c t\u00ecm ki\u1ebfm s\u1ef1 c\u00e2n b\u1eb1ng gi\u1eefa ki\u1ec1m ch\u1ebf l\u1ea1m ph\u00e1t, \u1ed5n \u0111\u1ecbnh vi\u1ec7c l\u00e0m v\u00e0 gi\u1ea3m thi\u1ec3u r\u1ee7i ro t\u00e0i kh\u00f3a s\u1ebd v\u1eabn l\u00e0 m\u1ed9t th\u00e1ch th\u1ee9c c\u1ed1t l\u00f5i \u0111\u1ed1i v\u1edbi n\u1ec1n kinh t\u1ebf Hoa K\u1ef3.<\/p>","protected":false},"excerpt":{"rendered":"<p>CPI c\u1ed1t l\u00f5i c\u1ee7a Hoa K\u1ef3 th\u00e1ng 7 n\u0103m 2025 l\u00e0 3,1%, gi\u00e1 v\u00e0ng l\u00e0 3.354 \u0111\u00f4 la, USD\/JPY d\u01b0\u1edbi 148. Thu\u1ebf quan v\u00e0 c\u00e1c d\u1ecbch v\u1ee5 si\u00eau c\u1ed1t l\u00f5i \u0111\u1ea9y gi\u00e1 l\u00ean, th\u00fac \u0111\u1ea9y k\u1ef3 v\u1ecdng c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t c\u1ee7a Fed v\u00e0o th\u00e1ng 9 trong b\u1ed1i c\u1ea3nh th\u00e2m h\u1ee5t 291 t\u1ef7 \u0111\u00f4 la.<\/p>","protected":false},"author":1,"featured_media":7342,"comment_status":"closed","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":[115],"tags":[129,131,130],"class_list":["post-7419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-news","tag-cpi","tag-fed","tag-inflation"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/7419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/comments?post=7419"}],"version-history":[{"count":4,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/7419\/revisions"}],"predecessor-version":[{"id":7681,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/7419\/revisions\/7681"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/media\/7342"}],"wp:attachment":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/media?parent=7419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/categories?post=7419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/tags?post=7419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}