Umyinge wamva nje uthotywe yi-FederalGcinaiye yafumana ingqwalasela kwimarike. Kwiveki ephelileyo, i-Fed yanciphisa ngokungalindelekanga izinga lomgaqo-nkqubo ngamanqaku angama-50, intshukumo idlula ukulindela kweemarike. iingxelo zedatha yezoqoqosho zamva nje ezivela kumagosa e-Fed, imarike ngokubanzi ikholelwa ukuba amathuba okuba elinye izinga lokusika kulo nyaka liyenyuka.
Isalathiso se-PCE esingundoqo: Isalathiso esiPhambili kuMgaqo-nkqubo weFed
Ingqwalasela yemarike igxile ekukhutshweni kwe-August Core PCE Price Index, isalathisi esibalulekileyo sokunyuka kwamaxabiso i-Fed ibeka iliso elisondeleyo. Ngokwezibikezelo, i-Index yeXabiso ye-PCE ye-Agasti ingahla kwi-2.3%, inqanaba eliphantsi kakhulu ukususela ngo-2021, ngelixa i-Core PCE Price Index inokunyuka kancane kwi-2.7%. Ukunyuka okungalindelekanga kwiindleko zezindlu ngoyena mqhubi wokunyuka kwexabiso eliphambili. Ngaphandle kozinzo lwakutsha nje kwiirenti kunye nepri yasekhayaEZI, uxinzelelo lokunyuka kwamaxabiso kwezinye iindawo luye lwadamba.

Ukuba ukunyuka kwamaxabiso okuphambili kuyaqhubeka nokunyuka, kuya kuba nefuthe kwizigqibo zomgaqo-nkqubo we-Fed wexesha elizayo. Nangona kunjalo, amanye amagosa aphezulu e-Fed, kubandakanywa noSihlalo uJerome Powell, bakholelwa ukuba ukunyuka kweendleko zezindlu kunokugqithisa uxinzelelo lokunyuka kwamaxabiso. Ukuba ukunyuka kwamaxabiso kwezinye iindawo kuyaqhubeka kuphola, i-Fed inokunyusa amaxabiso kulo nyaka. Amagosa e-Fed agxininise ngokuphindaphindiweyo ukuba aya kubeka iliso ngokusondeleyo idatha ezayo ukuze anqume indlela yomgaqo-nkqubo wexesha elizayo.
Iimbono ezihlukeneyo ngaphakathi kweFed, kodwa umkhombandlela odibeneyo
Nangona kukho iiyantlukwano kwi-Fed malunga nesantya kunye nobungakanani bokuncitshiswa kwereyithi, amaninzi amagosa ayavuma ukuba ukuphuculwa komgaqo-nkqubo ongezelelweyo kuyimfuneko ukujongana nobuthathaka obunokubakho kwezoqoqosho kunye nemingcipheko yokunyuka kwamaxabiso.
Nangona kunjalo, iinkxalabo zemarike malunga nokunyuka kwakhona kwexabiso lentengo azikapheli. Ukunyuka kwamaxabiso exesha elizayo kunokuhlala kungaphezulu kwethagethi ye-Fed ye-2%, ebonisa ukuba ngelixa elinye izinga lokunyuka lingase lisondele, i-Fed kufuneka ilumke ukuphepha ukulawula ukunyuka kwamaxabiso.
Iinkxalabo malunga nokuBuyiswa kwexabiso lentengo
Nangona idatha yokwenyuka kwamaxabiso iyonke ibonisa ukucotha, iinkxalabo zentengiso malunga nokubuya kwexabiso lentengo ziyaqhubeka. Idatha ibonisa ukuba ukulindela kwabatyali-mali kwizinga lokunyuka kwamaxabiso kwiminyaka emihlanu ezayo liye lanyuka laya kwi-2.04%, ngaphezu kwenqanaba ngaxeshanye kunyaka ophelileyo. Oku kubonisa ukuba imarike inamathandabuzo malunga nokukwazi kweFed ukugcina ukunyuka kwamaxabiso kuphantsi rhoqo.
Ngaphezu koko, idatha evela kwi-inflation swap market ibonisa ukuba ukunyuka kwamaxabiso kunokugqithisa kwithagethi ye-Fed kwiminyaka ezayo, ibeka umngeni omkhulu kwi-Fed njengoko iqwalasela ukucutha izinga elingaphezulu. Abanye abahlalutyi balumkisa ukuba umgaqo-nkqubo wendawo yokuhlala ye-Fed unokubangela uxinzelelo lokunyuka kwamaxabiso kwisiqingatha sesibini salo nyaka, unzima ukucutha izinga elizayo.
Isishwankathelo
Isishwankathelo, amathuba okuba elinye izinga elinqunywe yi-Fed kulo nyaka liphezulu, kodwa ubukhulu obuthile kunye nokuphindaphinda kokuncitshiswa kuya kuxhomekeka kwidatha yezoqoqosho yexesha elizayo. I-Core PCE Index ezayo iya kubaluleka kumgaqo-nkqubo we-Fed. Nangona amanye amagosa e-Fed ekhuthaza ukuba athathe amanyathelo alumkileyo, iingcinezelo ezimbini zokunyuka kwamaxabiso kunye nemarike yomsebenzi kwimeko yezoqoqosho yangoku inokunyanzelisa i-Fed ukuba yamkele imigaqo-nkqubo eyongezelelweyo yokuhlala kulo nyaka. Umkhondo womgaqo-nkqubo wexesha elizayo uya kumiselwa ubukhulu becala yibhalansi phakathi kwedatha yokunyuka kwamaxabiso kunye nokusebenza kwemarike yabasebenzi.