ធនាគារកណ្តាលផ្តល់សិទ្ធិឱ្យការដំឡើងអត្រាការប្រាក់ដ៏ធំបំផុតក្នុងរយៈពេល 28 ឆ្នាំ ខណៈដែលអ្នកជំនាញព្រួយបារម្ភថា ការប្រយុទ្ធប្រឆាំងនឹងអតិផរណានឹងធ្វើឱ្យមានការធ្លាក់ចុះសេដ្ឋកិច្ច

Topline

The Federal Reserve on Wednesday instituted the largest interest rate hike in 28 years as it escalates its fight against the worst inflation in four decades and fends off criticism that it moved too slowly in easing pandemic-era stimulus measures, driving experts to increasingly question whether the economy is headed toward a recession.

ការពិតសំខាន់

នៅចុងបញ្ចប់នៃកិច្ចប្រជុំគោលនយោបាយរយៈពេលពីរថ្ងៃរបស់ខ្លួន គណៈកម្មាធិការទីផ្សារបើកចំហសហព័ន្ធ បាននិយាយថា: Wednesday afternoon it would raise the federal funds rate, which is the target interest rate at which commercial banks borrow and lend reserves, by 75 basis points to a target range of 1.5% to 1.75%.

ទោះបីជាប្រធាន Fed Jerome Powell បាននិយាយថា: last month that officials were not “actively” considering a 75-basis-point hike—and would instead institute another half-point hike—investors started pricing in the biggest rate increase since 1994 after last month’s annual inflation reading មិនរំពឹងទុក hit a 40-year high of 8.6%.

Fed policymakers started raising rates in March, as they had signaled for months, but expectations for the pace and intensity of future rate hikes have grown more aggressive amid stubborn price gains and criticism that the central bank រង់ចាំ too long to start the hikes.

Rate increases make borrowing more expensive and help combat inflation by tempering demand, but “growing fears” that the hikes will spur a recession by undercutting economic growth are the “driving forces” behind recent market weakness, analyst Tom Essaye of the Sevens Report told clients in a Tuesday note.

សម្រង់សំខាន់

“Whether the Fed’s actions lead to a marked slowdown or an outright contraction will become clear over the quarters to come,” Andrzej Skiba, head of fixed income at BlueBay Asset Management, said in emailed comments Wednesday, noting the Fed “cannot afford to be seen as behind the curve when its inflation-fighting credibility is under question” and adding: “A lot will depend on whether inflation responds quickly enough.”

អ្វីដែលត្រូវមើល

The Fed’s next policy meeting concludes on July 27—two weeks after inflation data for June is set to be released. In a note to clients this week, Goldman Sachs economists said they now expect the Fed will hike rates by another 75 basis points in July. The new expectations imply a “meaningful further drag on growth that goes somewhat beyond what policymakers should be targeting to have the best chance of bringing down inflation without a recession,” they said.

សាវតាសំខាន់

The economy quickly and បានលោតត្រឡប់មកវិញ after the Covid-19 recession in 2020, but the Fed’s withdrawal of pandemic stimulus measures this year has hit stocks and sparked renewed fears of a recession. Uncertainty has come to a head in recent weeks, with all major stock indexes ធ្លាក់ចុះ into bear market territory this week, and the U.S. economy unexpectedly រួញតូច 1.4% last quarter. “The Fed’s job gets more challenging by the day with inflation at a new 40-year high, coupled with a broader weakening of the economy,” said Danielle DiMartino Booth, the CEO and chief strategist of Quill Intelligence, cautioning the central bank is “flirting with an accident waiting to happen.”

ហេតុការណ៍គួរឱ្យភ្ញាក់ផ្អើល

After climbing nearly 27% last year, the S&P is down 21% this year, and the tech-heavy Nasdaq has plummeted 30.5%.

អានបន្ថែម

នេះជារបៀបដែលទីផ្សារមានប្រតិកម្មកាលពីលើកមុន Fed បានដំឡើងអត្រាការប្រាក់ដោយ 75 ចំណុចមូលដ្ឋាន (ទស្សនាវដ្តី Forbes)

ទីផ្សារភាគហ៊ុន 'ការសម្លាប់រង្គាល' ត្រូវបានកំណត់ឱ្យកាន់តែអាក្រក់នៅពេលដែលការសម្រេចចិត្តលើអត្រា Fed លេចចេញ - នេះជារបៀបដែលវាអាចទទួលបាន (ទស្សនាវដ្តី Forbes)