{"id":9555,"date":"2026-06-16T09:54:01","date_gmt":"2026-06-16T09:54:01","guid":{"rendered":"https:\/\/www.mdwcc.com\/?p=9555"},"modified":"2026-06-16T09:54:03","modified_gmt":"2026-06-16T09:54:03","slug":"global-central-bank-policies-are-diverging-with-australia-and-japan-issuing-policy-decisions-on-the-same-day-sending-different-signals","status":"publish","type":"post","link":"https:\/\/www.mdwcc.com\/vi\/global-central-bank-policies-are-diverging-with-australia-and-japan-issuing-policy-decisions-on-the-same-day-sending-different-signals\/","title":{"rendered":"C\u00e1c ch\u00ednh s\u00e1ch c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng to\u00e0n c\u1ea7u \u0111ang c\u00f3 s\u1ef1 kh\u00e1c bi\u1ec7t, trong \u0111\u00f3 \u00dac v\u00e0 Nh\u1eadt B\u1ea3n ban h\u00e0nh c\u00e1c quy\u1ebft \u0111\u1ecbnh ch\u00ednh s\u00e1ch trong c\u00f9ng m\u1ed9t ng\u00e0y g\u1eedi \u0111i nh\u1eefng t\u00edn hi\u1ec7u kh\u00e1c nhau."},"content":{"rendered":"

Nh\u00f3m Theo d\u00f5i Ch\u00ednh s\u00e1ch Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng To\u00e0n c\u1ea7u c\u1ee7a ACE Markets, k\u1ebft h\u1ee3p c\u00e1c quy\u1ebft \u0111\u1ecbnh l\u00e3i su\u1ea5t m\u1edbi nh\u1ea5t, d\u1eef li\u1ec7u kinh t\u1ebf t\u1ea7n s\u1ed1 cao v\u00e0 \u0111\u00e1nh gi\u00e1 t\u1eeb c\u00e1c t\u1ed5 ch\u1ee9c ch\u00ednh th\u1ed1ng, \u0111\u01b0a ra ph\u00e2n t\u00edch chuy\u00ean s\u00e2u b\u1eb1ng c\u00e1ch s\u1eed d\u1ee5ng h\u1ec7 th\u1ed1ng li\u00ean k\u1ebft xuy\u00ean th\u1ecb tr\u01b0\u1eddng: V\u00e0o ng\u00e0y 16 th\u00e1ng 6, Ng\u00e2n h\u00e0ng D\u1ef1 tr\u1eef \u00dac (RBA) v\u00e0 Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n (BOJ) \u0111\u00e3 c\u00f4ng b\u1ed1 c\u00e1c quy\u1ebft \u0111\u1ecbnh ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 c\u1ee7a h\u1ecd trong c\u00f9ng m\u1ed9t ng\u00e0y, nh\u01b0ng \u0111\u1ecbnh h\u01b0\u1edbng ch\u00ednh s\u00e1ch c\u1ee7a h\u1ecd ho\u00e0n to\u00e0n tr\u00e1i ng\u01b0\u1ee3c nhau. RBA \u0111\u00e3 ch\u1ea5m d\u1ee9t chu\u1ed7i ba n\u0103m t\u0103ng l\u00e3i su\u1ea5t, duy tr\u00ec l\u00e3i su\u1ea5t chu\u1ea9n \u1edf m\u1ee9c 4,35%, b\u00e1o hi\u1ec7u r\u00f5 r\u00e0ng v\u1ec1 m\u1ed9t n\u1ec1n kinh t\u1ebf \u0111ang h\u1ea1 nhi\u1ec7t; trong khi BOJ t\u0103ng l\u00e3i su\u1ea5t th\u00eam 25 \u0111i\u1ec3m c\u01a1 b\u1ea3n l\u00ean 1,00%, m\u1ee9c cao nh\u1ea5t trong 31 n\u0103m, v\u1edbi m\u1ee5c ti\u00eau c\u1ed1t l\u00f5i l\u00e0 ch\u1ed1ng l\u1ea1m ph\u00e1t. S\u1ef1 kh\u00e1c bi\u1ec7t v\u1ec1 ch\u00ednh s\u00e1ch gi\u1eefa ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng c\u1ee7a hai n\u1ec1n kinh t\u1ebf ph\u00e1t tri\u1ec3n l\u1edbn c\u00e0ng kh\u1eb3ng \u0111\u1ecbnh s\u1ef1 kh\u00f4ng \u0111\u1ed3ng \u0111\u1ec1u c\u1ee7a qu\u00e1 tr\u00ecnh ph\u1ee5c h\u1ed3i kinh t\u1ebf to\u00e0n c\u1ea7u v\u00e0 \u0111\u01b0a ra nh\u1eefng bi\u1ebfn s\u1ed1 m\u1edbi trong vi\u1ec7c \u0111\u1ecbnh gi\u00e1 t\u00e0i s\u1ea3n to\u00e0n c\u1ea7u.<\/p>\n

<\/a>Ng\u00e2n h\u00e0ng D\u1ef1 tr\u1eef \u00dac: T\u1ea1m d\u1eebng t\u0103ng l\u00e3i su\u1ea5t, suy tho\u00e1i kinh t\u1ebf k\u1ebft th\u00fac chu k\u1ef3 th\u1eaft ch\u1eb7t m\u1ea1nh m\u1ebd<\/strong><\/p>\n

Ng\u00e2n h\u00e0ng D\u1ef1 tr\u1eef \u00dac (RBA) h\u00f4m th\u1ee9 Ba tuy\u00ean b\u1ed1 s\u1ebd duy tr\u00ec l\u00e3i su\u1ea5t chu\u1ea9n ch\u00ednh th\u1ee9c \u1edf m\u1ee9c 4,35%, ph\u00f9 h\u1ee3p v\u1edbi k\u1ef3 v\u1ecdng c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u00e0 ch\u00ednh th\u1ee9c ch\u1ea5m d\u1ee9t chu k\u1ef3 th\u1eaft ch\u1eb7t m\u1ea1nh m\u1ebd c\u1ee7a ba l\u1ea7n t\u0103ng l\u00e3i su\u1ea5t li\u00ean ti\u1ebfp k\u1ec3 t\u1eeb n\u0103m 2026. Quy\u1ebft \u0111\u1ecbnh n\u00e0y \u0111\u00e3 \u0111\u01b0\u1ee3c \u1ee7y ban nh\u1ea5t tr\u00ed th\u00f4ng qua. Trong tuy\u00ean b\u1ed1 c\u1ee7a m\u00ecnh, RBA v\u1eabn gi\u1eef nguy\u00ean l\u1ef1a ch\u1ecdn t\u0103ng l\u00e3i su\u1ea5t, nh\u1ea5n m\u1ea1nh r\u1eb1ng \u201cl\u1ea1m ph\u00e1t t\u1ed5ng th\u1ec3 v\u00e0 l\u1ea1m ph\u00e1t c\u01a1 b\u1ea3n v\u1eabn \u1edf m\u1ee9c qu\u00e1 cao v\u00e0 l\u00e3i su\u1ea5t ti\u1ec1n m\u1eb7t s\u1ebd t\u0103ng th\u00eam n\u1ebfu c\u1ea7n thi\u1ebft\u201d. Tuy nhi\u00ean, th\u1ecb tr\u01b0\u1eddng v\u00e0 c\u00e1c t\u1ed5 ch\u1ee9c ch\u00ednh th\u1ed1ng th\u01b0\u1eddng tin r\u1eb1ng chu k\u1ef3 t\u0103ng l\u00e3i su\u1ea5t n\u00e0y c\u00f3 th\u1ec3 \u0111\u00e3 \u0111\u1ea1t \u0111\u1ebfn \u0111\u1ec9nh \u0111i\u1ec3m. Vi\u1ec7c theo d\u00f5i d\u1eef li\u1ec7u kinh t\u1ebf v\u0129 m\u00f4 c\u1ee7a ACE Markets cho th\u1ea5y l\u00fd do c\u1ed1t l\u00f5i khi\u1ebfn RBA t\u1ea1m d\u1eebng t\u0103ng l\u00e3i su\u1ea5t l\u00e0 do ho\u1ea1t \u0111\u1ed9ng kinh t\u1ebf trong n\u01b0\u1edbc h\u1ea1 nhi\u1ec7t \u0111\u00e1ng k\u1ec3.<\/p>\n

\"\u5c40\u90e8\u622a\u53d6_20260616_161138\"<\/p>\n

T\u0103ng tr\u01b0\u1edfng GDP th\u1ef1c t\u1ebf c\u1ee7a Trung Qu\u1ed1c trong qu\u00fd 1 ch\u1ec9 \u0111\u1ea1t 0,3% so v\u1edbi qu\u00fd tr\u01b0\u1edbc, gi\u1ea3m \u0111\u00e1ng k\u1ec3 so v\u1edbi m\u1ee9c 0,9% trong qu\u00fd 4 n\u0103m ngo\u00e1i; t\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p t\u0103ng v\u1ecdt l\u00ean 4,5% trong th\u00e1ng 5, m\u1ee9c cao nh\u1ea5t k\u1ec3 t\u1eeb n\u0103m 2021; chi ti\u00eau c\u1ee7a h\u1ed9 gia \u0111\u00ecnh cho nh\u1eefng m\u1eb7t h\u00e0ng ti\u00eau d\u00f9ng kh\u00f4ng thi\u1ebft y\u1ebfu g\u1ea7n nh\u01b0 b\u1ecb \u0111\u00ecnh tr\u1ec7 v\u00e0 qu\u1ef9 ti\u1ebft ki\u1ec7m d\u1ef1 tr\u1eef c\u1ee7a h\u1ed9 gia \u0111\u00ecnh g\u1ea7n nh\u01b0 \u0111\u00e3 c\u1ea1n ki\u1ec7t. Ph\u00e2n t\u00edch c\u1ee7a Fitch Ratings r\u1ea5t nh\u1ea5t qu\u00e1n v\u1edbi \u0111\u00e1nh gi\u00e1 tr\u01b0\u1edbc \u0111\u00e2y c\u1ee7a ACE Markets: t\u00e1c \u0111\u1ed9ng c\u1ee7a vi\u1ec7c t\u0103ng l\u00e3i su\u1ea5t v\u00e0o n\u0103m 2026 \u0111\u1ed1i v\u1edbi ti\u00eau d\u00f9ng s\u1ebd l\u1edbn h\u01a1n nhi\u1ec1u so v\u1edbi c\u00e1c chu k\u1ef3 tr\u01b0\u1edbc, ch\u1ee7 y\u1ebfu l\u00e0 do d\u1ef1 tr\u1eef ti\u1ec1n m\u1eb7t m\u00e0 c\u00e1c h\u1ed9 gia \u0111\u00ecnh t\u00edch l\u0169y trong \u0111\u1ea1i d\u1ecbch \u0111\u00e3 c\u1ea1n ki\u1ec7t. T\u00e1c \u0111\u1ed9ng c\u1ee7a \u00e1p l\u1ef1c l\u00e3i su\u1ea5t l\u00ean khu v\u1ef1c h\u1ed9 gia \u0111\u00ecnh \u0111\u1eb7c bi\u1ec7t r\u00f5 r\u1ec7t. T\u00ednh to\u00e1n c\u1ee7a ACE Markets cho th\u1ea5y r\u1eb1ng, l\u1ea5y kho\u1ea3n vay mua nh\u00e0 m\u1edbi ti\u00eau chu\u1ea9n d\u00e0nh cho ch\u1ee7 s\u1edf h\u1eefu s\u1edf h\u1eefu l\u00e0 745.000 AUD l\u00e0m v\u00ed d\u1ee5, ba l\u1ea7n t\u0103ng l\u00e3i su\u1ea5t trong n\u0103m nay \u0111\u00e3 \u0111\u1ea9y kho\u1ea3n thanh to\u00e1n h\u00e0ng th\u00e1ng t\u0103ng t\u1eeb 4.114 AUD l\u00ean 4.467 AUD; n\u1ebfu \u0111\u1ee3t t\u0103ng l\u00e3i su\u1ea5t l\u1ea7n th\u1ee9 t\u01b0 \u0111\u01b0\u1ee3c b\u1eaft \u0111\u1ea7u, kho\u1ea3n thanh to\u00e1n h\u00e0ng th\u00e1ng s\u1ebd t\u0103ng th\u00eam 120 AUD, c\u00e0ng l\u00e0m h\u1ea1n ch\u1ebf kh\u1ea3 n\u0103ng ti\u00eau d\u00f9ng c\u1ee7a h\u1ed9 gia \u0111\u00ecnh.<\/p>\n

\u0110\u00e2y c\u0169ng l\u00e0 y\u1ebfu t\u1ed1 quan tr\u1ecdng c\u1ea7n c\u00e2n nh\u1eafc \u0111\u1eb1ng sau quy\u1ebft \u0111\u1ecbnh t\u1ea1m d\u1eebng ho\u1ea1t \u0111\u1ed9ng ch\u00ednh s\u00e1ch c\u1ee7a Ng\u00e2n h\u00e0ng D\u1ef1 tr\u1eef Australia d\u00f9 l\u1ea1m ph\u00e1t ch\u01b0a \u0111\u1ea1t m\u1ee5c ti\u00eau. \u00dd ki\u1ebfn \u200b\u200b\u200b\u200bth\u1ecb tr\u01b0\u1eddng v\u1ec1 con \u0111\u01b0\u1eddng ch\u00ednh s\u00e1ch trong t\u01b0\u01a1ng lai r\u00f5 r\u00e0ng l\u00e0 kh\u00e1c nhau. Vi\u1ec7c x\u00e1c th\u1ef1c ch\u00e9o c\u1ee7a ACE Markets \u0111\u1ed1i v\u1edbi quan \u0111i\u1ec3m c\u1ee7a b\u1ed1n ng\u00e2n h\u00e0ng l\u1edbn c\u1ee7a \u00dac cho th\u1ea5y r\u1eb1ng ANZ, Commonwealth Bank v\u00e0 National Australia Bank \u0111\u1ec1u tin r\u1eb1ng l\u00e3i su\u1ea5t hi\u1ec7n t\u1ea1i \u0111\u00e3 \u0111\u1ea1t \u0111\u1ebfn \u0111\u1ec9nh chu k\u1ef3, v\u1edbi th\u1eddi \u0111i\u1ec3m c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t s\u1ebd m\u1edf v\u00e0o gi\u1eefa n\u0103m 2027; ch\u1ec9 c\u00f3 Westpac kh\u1eb3ng \u0111\u1ecbnh r\u1eb1ng s\u1ebd c\u00f3 th\u00eam hai \u0111\u1ee3t t\u0103ng l\u00e3i su\u1ea5t n\u1eefa v\u00e0o th\u00e1ng 8 v\u00e0 th\u00e1ng 9, v\u00e0 chu k\u1ef3 c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t s\u1ebd kh\u00f4ng b\u1eaft \u0111\u1ea7u s\u1edbm nh\u1ea5t cho \u0111\u1ebfn n\u0103m 2028. Gi\u00e1 c\u1ea3 tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh cho th\u1ea5y x\u00e1c su\u1ea5t x\u1ea3y ra m\u1ed9t \u0111\u1ee3t t\u0103ng l\u00e3i su\u1ea5t kh\u00e1c trong 12 th\u00e1ng t\u1edbi v\u1eabn cao h\u01a1n kh\u1ea3 n\u0103ng c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t.<\/p>\n

Ph\u00e2n t\u00edch chuy\u00ean s\u00e2u c\u1ee7a ACE Markets cho th\u1ea5y t\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p s\u1ebd l\u00e0 bi\u1ebfn s\u1ed1 c\u1ed1t l\u00f5i quy\u1ebft \u0111\u1ecbnh h\u01b0\u1edbng ch\u00ednh s\u00e1ch ti\u1ebfp theo c\u1ee7a Ng\u00e2n h\u00e0ng D\u1ef1 tr\u1eef \u00dac (RBA). T\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p 4,5% hi\u1ec7n nay v\u1eabn ch\u01b0a k\u00edch ho\u1ea1t ng\u01b0\u1ee1ng chuy\u1ec3n \u0111\u1ed5i ch\u00ednh s\u00e1ch, nh\u01b0ng n\u1ebfu c\u00e1c ch\u1ec9 s\u1ed1 ti\u1ebfp theo nhanh ch\u00f3ng ti\u1ebfn g\u1ea7n \u0111\u1ebfn m\u1ee9c 5% v\u00e0 l\u1ea1m ph\u00e1t c\u00f3 xu h\u01b0\u1edbng gi\u1ea3m k\u00e9o d\u00e0i, ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng c\u00f3 th\u1ec3 m\u1edf ra c\u01a1 h\u1ed9i c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t s\u1edbm h\u01a1n d\u1ef1 ki\u1ebfn. Ng\u01b0\u1ee3c l\u1ea1i, n\u1ebfu t\u00ecnh h\u00ecnh \u1edf Trung \u0110\u00f4ng ti\u1ebfp t\u1ee5c \u0111\u1ea9y gi\u00e1 n\u0103ng l\u01b0\u1ee3ng t\u0103ng cao, c\u00f9ng v\u1edbi vi\u1ec7c ch\u00ednh s\u00e1ch mi\u1ec5n thu\u1ebf ti\u00eau th\u1ee5 nhi\u00ean li\u1ec7u h\u1ebft h\u1ea1n v\u00e0 l\u1ea1m ph\u00e1t t\u0103ng tr\u1edf l\u1ea1i, kh\u00f4ng th\u1ec3 lo\u1ea1i tr\u1eeb kh\u1ea3 n\u0103ng ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng b\u1eaft \u0111\u1ea7u t\u0103ng l\u00e3i su\u1ea5t tr\u1edf l\u1ea1i.<\/p>\n

<\/a>Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n: L\u00e3i su\u1ea5t t\u0103ng l\u00ean cao nh\u1ea5t 31 n\u0103m; Cu\u1ed9c b\u1ecf phi\u1ebfu 7-1 l\u00e0m n\u1ed5i b\u1eadt s\u1ef1 chia r\u1ebd n\u1ed9i b\u1ed9.<\/strong><\/p>\n

\"\u5c40\u90e8\u622a\u53d6_20260616_161311\"<\/strong><\/p>\n

Tr\u00e1i ng\u01b0\u1ee3c ho\u00e0n to\u00e0n v\u1edbi vi\u1ec7c Ng\u00e2n h\u00e0ng D\u1ef1 tr\u1eef \u00dac c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t, Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n c\u00f9ng ng\u00e0y \u0111\u00e3 quy\u1ebft \u0111\u1ecbnh t\u0103ng l\u00e3i su\u1ea5t th\u00eam 25 \u0111i\u1ec3m c\u01a1 b\u1ea3n v\u1edbi t\u1ef7 l\u1ec7 \u0111a s\u1ed1 t\u1eeb 7 \u0111\u1ebfn 1, n\u00e2ng l\u00e3i su\u1ea5t cu\u1ed9c g\u1ecdi qua \u0111\u00eam kh\u00f4ng b\u1ea3o \u0111\u1ea3m l\u00ean 1,00%, m\u1ee9c cao nh\u1ea5t k\u1ec3 t\u1eeb n\u0103m 1995, ph\u00f9 h\u1ee3p v\u1edbi k\u1ef3 v\u1ecdng c\u1ee7a th\u1ecb tr\u01b0\u1eddng. \u0110\u00e2y c\u0169ng l\u00e0 l\u1ea7n t\u0103ng l\u00e3i su\u1ea5t \u0111\u1ea7u ti\u00ean c\u1ee7a Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n k\u1ec3 t\u1eeb n\u0103m 2026.<\/p>\n

Tuy\u00ean b\u1ed1 v\u1ec1 ngh\u1ecb quy\u1ebft ch\u1ec9 ra r\u1eb1ng Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n tin r\u1eb1ng n\u1ec1n kinh t\u1ebf, b\u1ea5t ch\u1ea5p t\u00e1c \u0111\u1ed9ng c\u1ee7a t\u00ecnh h\u00ecnh Trung \u0110\u00f4ng v\u00e0 gi\u00e1 d\u1ea7u t\u0103ng, v\u1eabn duy tr\u00ec s\u1ef1 ph\u1ee5c h\u1ed3i v\u1eeba ph\u1ea3i v\u1ec1 t\u1ed5ng th\u1ec3, \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1edfi s\u1ef1 c\u1ea3i thi\u1ec7n v\u1ec1 l\u1ee3i nhu\u1eadn doanh nghi\u1ec7p, vi\u1ec7c l\u00e0m v\u00e0 thu nh\u1eadp. Tuy nhi\u00ean, t\u00e1c \u0111\u1ed9ng truy\u1ec1n gi\u00e1 do gi\u00e1 d\u1ea7u t\u0103ng \u0111\u00e3 t\u0103ng nhanh, k\u1ef3 v\u1ecdng l\u1ea1m ph\u00e1t trung v\u00e0 d\u00e0i h\u1ea1n ti\u1ebfp t\u1ee5c t\u0103ng v\u00e0 c\u00f3 nguy c\u01a1 CPI c\u01a1 b\u1ea3n v\u01b0\u1ee3t m\u1ee5c ti\u00eau 2%. Ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng tuy\u00ean b\u1ed1 r\u00f5 r\u00e0ng r\u1eb1ng h\u1ecd s\u1ebd ti\u1ebfp t\u1ee5c \u0111i\u1ec1u ch\u1ec9nh ch\u00ednh s\u00e1ch c\u1ee7a m\u00ecnh d\u1ef1a tr\u00ean c\u00e1c \u0111i\u1ec1u ki\u1ec7n kinh t\u1ebf, gi\u00e1 c\u1ea3 v\u00e0 t\u00e0i ch\u00ednh, \u0111\u1ed3ng th\u1eddi kh\u1ea3 n\u0103ng t\u0103ng l\u00e3i su\u1ea5t ti\u1ebfp theo v\u1eabn c\u00f2n r\u1ed9ng m\u1edf. ACE Markets l\u01b0u \u00fd r\u1eb1ng nh\u1eefng b\u1ea5t \u0111\u1ed3ng n\u1ed9i b\u1ed9 r\u00f5 r\u00e0ng \u0111\u00e3 xu\u1ea5t hi\u1ec7n t\u1ea1i cu\u1ed9c h\u1ecdp n\u00e0y.<\/p>\n

Th\u00e0nh vi\u00ean \u1ee7y ban Toichiro Asada \u0111\u00e3 b\u1ecf phi\u1ebfu ch\u1ed1ng l\u1ea1i quy\u1ebft \u0111\u1ecbnh n\u00e0y, cho r\u1eb1ng r\u1ee7i ro gi\u1ea3m s\u00fat \u0111\u1ed1i v\u1edbi s\u1ea3n xu\u1ea5t v\u00e0 vi\u1ec7c l\u00e0m do t\u00ecnh h\u00ecnh Trung \u0110\u00f4ng g\u00e2y ra l\u1edbn h\u01a1n r\u1ee7i ro t\u0103ng gi\u00e1 v\u00e0 vi\u1ec7c duy tr\u00ec ch\u00ednh s\u00e1ch hi\u1ec7n t\u1ea1i l\u00e0 ph\u00f9 h\u1ee3p h\u01a1n. S\u1ef1 b\u1ea5t \u0111\u1ed3ng n\u00e0y ph\u1ea3n \u00e1nh t\u00ecnh th\u1ebf ti\u1ebfn tho\u00e1i l\u01b0\u1ee1ng nan c\u1ee7a Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n gi\u1eefa vi\u1ec7c ch\u1ed1ng l\u1ea1m ph\u00e1t v\u00e0 \u1ed5n \u0111\u1ecbnh t\u0103ng tr\u01b0\u1edfng - gi\u1ea3i quy\u1ebft \u00e1p l\u1ef1c l\u1ea1m ph\u00e1t do n\u0103ng l\u01b0\u1ee3ng th\u00fac \u0111\u1ea9y trong khi tr\u00e1nh t\u0103ng l\u00e3i su\u1ea5t qu\u00e1 m\u1ee9c c\u00f3 th\u1ec3 g\u00e2y nguy hi\u1ec3m cho s\u1ef1 ph\u1ee5c h\u1ed3i kinh t\u1ebf mong manh. Ph\u1ea3n \u1ee9ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng t\u01b0\u01a1ng \u0111\u1ed1i im l\u1eb7ng; t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i c\u1ee7a \u0111\u1ed3ng y\u00ean c\u00f3 \u00edt bi\u1ebfn \u0111\u1ed9ng ng\u1eafn h\u1ea1n sau khi quy\u1ebft \u0111\u1ecbnh \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1, ch\u1ec9 s\u1ed1 Nikkei 225 gi\u1ea3m nh\u1eb9. C\u00e1c nh\u00e0 ph\u00e2n t\u00edch c\u1ee7a ACE Markets tin r\u1eb1ng th\u1ecb tr\u01b0\u1eddng \u0111\u00e3 \u0111\u1ecbnh gi\u00e1 \u0111\u1ea7y \u0111\u1ee7 cho \u0111\u1ee3t t\u0103ng l\u00e3i su\u1ea5t n\u00e0y v\u00e0 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111ang t\u1eadp trung h\u01a1n v\u00e0o t\u1ed1c \u0111\u1ed9 t\u0103ng l\u00e3i su\u1ea5t trong t\u01b0\u01a1ng lai c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng. H\u1ea7u h\u1ebft c\u00e1c t\u1ed5 ch\u1ee9c hi\u1ec7n \u0111\u1ec1u mong \u0111\u1ee3i Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n s\u1ebd t\u0103ng l\u00e3i su\u1ea5t m\u1ed9t l\u1ea7n n\u1eefa trong n\u0103m nay, nh\u01b0ng th\u1eddi \u0111i\u1ec3m c\u1ee5 th\u1ec3 s\u1ebd ph\u1ee5 thu\u1ed9c v\u00e0o d\u1eef li\u1ec7u l\u1ea1m ph\u00e1t v\u00e0 di\u1ec5n bi\u1ebfn c\u1ee7a t\u00ecnh h\u00ecnh Trung \u0110\u00f4ng.<\/p>\n

\"\u5c40\u90e8\u622a\u53d6_20260616_161628\"<\/p>\n

\u0110i\u1ec1u \u0111\u00e1ng ch\u00fa \u00fd l\u00e0 \u0111\u1ee3t t\u0103ng l\u00e3i su\u1ea5t m\u1edbi nh\u1ea5t c\u1ee7a Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Nh\u1eadt B\u1ea3n \u0111\u00e3 m\u1edf r\u1ed9ng h\u01a1n n\u1eefa s\u1ef1 h\u1ed9i t\u1ee5 c\u1ee7a l\u00e3i su\u1ea5t ch\u00ednh s\u00e1ch v\u1edbi c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng l\u1edbn kh\u00e1c, nh\u01b0ng v\u1eabn t\u1ed3n t\u1ea1i s\u1ef1 ch\u00eanh l\u1ec7ch l\u00e3i su\u1ea5t \u0111\u00e1ng k\u1ec3 gi\u1eefa ng\u00e2n h\u00e0ng n\u00e0y v\u00e0 C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang. ACE Markets ch\u1ec9 ra r\u1eb1ng n\u1ebfu C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang b\u1eaft \u0111\u1ea7u t\u0103ng l\u00e3i su\u1ea5t trong n\u0103m nay, trong khi t\u1ed1c \u0111\u1ed9 t\u0103ng l\u00e3i su\u1ea5t c\u1ee7a Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n kh\u00f4ng nh\u01b0 mong \u0111\u1ee3i, \u0111\u1ed3ng y\u00ean v\u1eabn s\u1ebd ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi \u00e1p l\u1ef1c gi\u1ea3m gi\u00e1; ng\u01b0\u1ee3c l\u1ea1i, n\u1ebfu Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n ti\u1ebfp t\u1ee5c th\u1eaft ch\u1eb7t ch\u00ednh s\u00e1ch c\u1ee7a m\u00ecnh, n\u00f3 c\u00f3 th\u1ec3 g\u00e2y ra s\u1ef1 h\u1ee7y b\u1ecf c\u00e1c giao d\u1ecbch mua b\u00e1n to\u00e0n c\u1ea7u, t\u1ea1o ra hi\u1ec7u \u1ee9ng lan t\u1ecfa tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh to\u00e0n c\u1ea7u.<\/p>\n

<\/a>Tri\u1ec3n v\u1ecdng to\u00e0n c\u1ea7u v\u00e0 c\u1ea3nh b\u00e1o r\u1ee7i ro c\u1ee7a ACE Markets<\/strong><\/p>\n

Nh\u00f3m v\u0129 m\u00f4 c\u1ee7a ACE Markets tin r\u1eb1ng c\u00e1c quy\u1ebft \u0111\u1ecbnh ch\u00ednh s\u00e1ch \u0111\u1ed3ng th\u1eddi c\u1ee7a Ng\u00e2n h\u00e0ng D\u1ef1 tr\u1eef \u00dac v\u00e0 Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n cho th\u1ea5y s\u1ef1 kh\u00e1c bi\u1ec7t ng\u00e0y c\u00e0ng m\u1edf r\u1ed9ng trong ch\u00ednh s\u00e1ch c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng to\u00e0n c\u1ea7u. Trong b\u1ed1i c\u1ea3nh l\u1ea1m ph\u00e1t dai d\u1eb3ng v\u00e0 \u00e1p l\u1ef1c t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf, c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng l\u1edbn s\u1ebd \u00e1p d\u1ee5ng c\u00e1c l\u1ed9 tr\u00ecnh ch\u00ednh s\u00e1ch kh\u00e1c bi\u1ec7t d\u1ef1a tr\u00ean c\u00e1c nguy\u00ean t\u1eafc kinh t\u1ebf c\u01a1 b\u1ea3n c\u1ee7a qu\u1ed1c gia t\u01b0\u01a1ng \u1ee9ng, \u0111i\u1ec1u n\u00e0y s\u1ebd l\u00e0m t\u0103ng s\u1ef1 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a gi\u00e1 t\u00e0i s\u1ea3n to\u00e0n c\u1ea7u.<\/p>\n

Nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n h\u1ebft s\u1ee9c ch\u00fa \u00fd \u0111\u1ebfn hai r\u1ee7i ro ch\u00ednh:<\/p>\n

    \n
  1. R\u1ee7i ro bi\u1ebfn \u0111\u1ed9ng gi\u00e1 n\u0103ng l\u01b0\u1ee3ng <\/strong>: T\u00ecnh h\u00ecnh \u1edf Trung \u0110\u00f4ng v\u1eabn l\u00e0 bi\u1ebfn s\u1ed1 c\u1ed1t l\u00f5i \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn l\u1ea1m ph\u00e1t to\u00e0n c\u1ea7u. N\u1ebfu vi\u1ec7c phong t\u1ecfa eo bi\u1ec3n Hormuz ti\u1ebfp t\u1ee5c v\u00e0 gi\u00e1 d\u1ea7u t\u0103ng cao h\u01a1n n\u1eefa, \u0111i\u1ec1u \u0111\u00f3 c\u00f3 th\u1ec3 bu\u1ed9c nhi\u1ec1u ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng ho\u00e3n c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t ho\u1eb7c b\u1eaft \u0111\u1ea7u t\u0103ng l\u00e3i su\u1ea5t.<\/li>\n
  2. Hi\u1ec7u \u1ee9ng lan t\u1ecfa ch\u00ednh s\u00e1ch <\/strong>: Vi\u1ec7c Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Nh\u1eadt B\u1ea3n ti\u1ebfp t\u1ee5c t\u0103ng l\u00e3i su\u1ea5t c\u00f3 th\u1ec3 k\u00edch ho\u1ea1t vi\u1ec7c t\u00e1i c\u01a1 c\u1ea5u d\u00f2ng v\u1ed1n to\u00e0n c\u1ea7u, \u0111\u1eb7c bi\u1ec7t l\u00e0 vi\u1ec7c h\u1ee7y b\u1ecf c\u00e1c giao d\u1ecbch mua b\u00e1n, \u0111i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn c\u00e1c t\u00e0i s\u1ea3n nh\u01b0 tr\u00e1i phi\u1ebfu Kho b\u1ea1c Hoa K\u1ef3 v\u00e0 ch\u1ee9ng kho\u00e1n Hoa K\u1ef3.<\/li>\n<\/ol>\n

    B\u00e0i vi\u1ebft n\u00e0y cung c\u1ea5p ph\u00e2n t\u00edch kinh t\u1ebf v\u0129 m\u00f4 v\u00e0 gi\u1ea3i th\u00edch th\u00f4ng tin ch\u1ec9 \u0111\u1ec3 tham kh\u1ea3o v\u00e0 kh\u00f4ng c\u1ea5u th\u00e0nh b\u1ea5t k\u1ef3 l\u1eddi khuy\u00ean \u0111\u1ea7u t\u01b0, chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch ho\u1eb7c c\u01a1 s\u1edf ho\u1ea1t \u0111\u1ed9ng n\u00e0o. \u0110i\u1ec1u ki\u1ec7n th\u1ecb tr\u01b0\u1eddng li\u00ean t\u1ee5c thay \u0111\u1ed5i v\u00e0 c\u00e1c bi\u1ebfn s\u1ed1 ch\u00ednh s\u00e1ch, \u0111\u1ecba ch\u00ednh tr\u1ecb v\u00e0 d\u1eef li\u1ec7u kh\u00e1c nhau c\u00f3 th\u1ec3 g\u00e2y ra bi\u1ebfn \u0111\u1ed9ng gi\u00e1 t\u00e0i s\u1ea3n. T\u1ea5t c\u1ea3 c\u00e1c quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 v\u00e0 m\u1ecdi kho\u1ea3n l\u00e3i ho\u1eb7c l\u1ed7 ph\u00e1t sinh \u0111\u1ec1u l\u00e0 tr\u00e1ch nhi\u1ec7m c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0.<\/p>","protected":false},"excerpt":{"rendered":"

    Kh\u00e1m ph\u00e1 c\u00e1c quy\u1ebft \u0111\u1ecbnh ch\u00ednh s\u00e1ch kh\u00e1c nhau c\u1ee7a RBA v\u00e0 BOJ, chu k\u1ef3 l\u00e3i su\u1ea5t to\u00e0n c\u1ea7u v\u00e0 t\u00e1c \u0111\u1ed9ng c\u1ee7a ch\u00fang \u0111\u1ed1i v\u1edbi d\u00f2ng ti\u1ec1n t\u1ec7, l\u1ea1m ph\u00e1t v\u00e0 \u0111\u1ecbnh gi\u00e1 t\u00e0i s\u1ea3n tr\u00ean nhi\u1ec1u th\u1ecb tr\u01b0\u1eddng.<\/p>","protected":false},"author":1,"featured_media":9556,"comment_status":"closed","ping_status":"closed","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":[793,795,794],"class_list":["post-9555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-news","tag-bank-of-japan-rate-hike","tag-central-bank-policy","tag-rba-interest-rates"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/9555","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=9555"}],"version-history":[{"count":1,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/9555\/revisions"}],"predecessor-version":[{"id":9560,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/9555\/revisions\/9560"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/media\/9556"}],"wp:attachment":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/media?parent=9555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/categories?post=9555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/tags?post=9555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}