Bullard របស់ Fed និយាយថាអតិផរណា 'អាចចេញពីការគ្រប់គ្រង' ដូច្នេះសកម្មភាពគឺចាំបាច់ឥឡូវនេះ

ញូវយ៉កៈ ប្រធានធនាគារកណ្តាល St. Louis លោក James Bullard បានព្រមានកាលពីថ្ងៃព្រហស្បតិ៍ថា ប្រសិនបើគ្មានវិធានការរបស់ធនាគារកណ្តាលលើអត្រាការប្រាក់ទេ អតិផរណាអាចក្លាយជាបញ្ហាធ្ងន់ធ្ងរជាងនេះ។

“We’re at more risk now than we’ve been in a generation that this could get out of control,” he said during a panel talk at Columbia University. “One scenario would be now you get a new surprise that hits us that we can’t anticipate right now, but we would have even more inflation. That’s the kind of situation that we want to … make sure it doesn’t occur.”

Bullard has made news lately with his calls for aggressive Fed action. He has advocated for a full percentage point of rate increases by July in an effort to stem price surges that are running at the fastest pace in 40 years.

In his remarks Thursday, he repeated his assertion that the Fed should “front-load” rate hikes as way to get ahead of inflation running at a 7.5% pace over the past year.

Fed officials had been resisting tightening policy, insisting for much of last year that the current run was tied to pandemic-specific factors, such as clogged supply chains and outsized demand for goods over services, and would fade over time.

លោក Bullard បាននិយាយថា "សរុបមក ខ្ញុំចង់និយាយថាមានការសង្កត់ធ្ងន់ច្រើនពេក និងការចែករំលែកគំនិតច្រើនពេកដែលផ្តោតលើគំនិតដែលថាអតិផរណានឹងរលាយបាត់នៅពេលអនាគត" ។ “យើងមានហានិភ័យដែលអតិផរណានឹងមិនរលាយបាត់ឡើយ ហើយឆ្នាំ 2022 នឹងក្លាយជាឆ្នាំទី XNUMX ជាប់ៗគ្នានៃអតិផរណាខ្ពស់ណាស់។ នោះហើយជាមូលហេតុដែលផ្តល់ស្ថានភាពនេះ Fed គួរតែផ្លាស់ទីលឿន និងខ្លាំងក្លាជាងអ្វីដែលយើងមាននៅក្នុងកាលៈទេសៈផ្សេងទៀត។

The Fed has indicated it likely will start raising interest rates in March, which would be the first increase in more than three years. After that, markets are looking for an additional five or six increases in 25-basis-point increments. A basis point is 0.01 percentage point.

Bullard បាននិយាយថាការផ្លាស់ប្តូរគោលនយោបាយនាពេលខាងមុខមិនគួរត្រូវបានចាត់ទុកថាជាការប៉ុនប៉ងដើម្បីរឹតបន្តឹងទីផ្សារ និងសេដ្ឋកិច្ចនោះទេ។

“វាមិនមែនជាគោលនយោបាយតឹងរ៉ឹងទេ។ កុំ​ឲ្យ​នរណា​ម្នាក់​ប្រាប់​អ្នក​ថា​វា​ជា​គោលនយោបាយ​តឹងរ៉ឹង»។ "វាជាការដកចេញនូវកន្លែងស្នាក់នៅដែលនឹងបង្ហាញថាយើងទទួលខុសត្រូវយ៉ាងធ្ងន់ធ្ងរ" ។

Market pricing for rate hikes has tempered over the past day or two, particularly after a release Wednesday of the January meeting minutes showed Fed officials are looking to take a measured approach towards the removal of policy help.

Traders are now pointing to a 25-basis-point hike in March, after previously looking to a 50-basis-point move, according to CME data. The probability for seven hikes dropped Thursday to 43% after approaching 70% earlier in the week.