I-Fed Ilindele Okunye Ukuncishiswa Kwenani Kulo nyaka, Idatha Eyisisekelo Njengenkomba Eyinhloko

Isilinganiso sakamuva esincishwe yi-FederalGcinaithole ukunakwa kwemakethe okusabalele. Ngesonto eledlule, i-Fed yehlisa ngokungalindelekile izinga layo lenqubomgomo ngamaphuzu angu-50, ukunyakaza kudlule okulindelwe emakethe. izitatimende zakamuva zedatha yezomnotho ezivela ezikhulwini ze-Fed, imakethe ngokuvamile ikholelwa ukuthi amathuba okunqanyulwa kwesilinganiso kulo nyaka ayanda.

I-Core PCE Index: Isithenjwa Esibalulekile Senqubomgomo Ye-Fed

Ukunakwa kwemakethe kugxile ekukhululweni kwe-August Core PCE Price Index, inkomba ebalulekile yokwehla kwamandla emali i-Fed eyiqapha eduze. Ngokwezibikezelo, i-August PCE Price Index ingase yehlele ku-2.3%, izinga eliphansi kakhulu kusukela ngo-2021, kuyilapho i-Core PCE Price Index ingase ikhuphuke kancane ibe yi-2.7%. Ukwenyuka okungalindelekile kwezindleko zezindlu kuyimbangela eyinhloko yokwenyuka kwe-inflation eyinhloko. Naphezu kokuzinza kwakamuva kwezindawo eziqashisayo kanye nezindleko zasekhayaLEZI, izingcindezi zokwehla kwamandla emali kwezinye izindawo ziye zehla.

Uma ukwehla kwamandla emali okuyisisekelo kuqhubeka nokukhuphuka, kuzoba nomthelela ezinqumweni zenqubomgomo zesikhathi esizayo ze-Fed. Kodwa-ke, ezinye izikhulu eziphezulu ze-Fed, kuhlanganise noSihlalo uJerome Powell, bakholelwa ukuthi ukunyuka kwezindleko zezindlu kungase kudlulele ingcindezi yokwehla kwamandla emali. Uma ukwehla kwamandla emali kwezinye izindawo kuqhubeka nokuphola, i-Fed ingase iphinde inciphise amanani kulo nyaka. Izikhulu ze-Fed zigcizelele kaningi ukuthi zizoqapha imininingwane ezayo ukuze zinqume indlela yenqubomgomo yesikhathi esizayo.

Imibono Ehlukene Ngaphakathi Kwe-Fed, Kodwa Isiqondiso Esihlanganisiwe

Nakuba kunomehluko phakathi kwe-Fed mayelana nesivinini kanye nezinga lokwehliswa kwamanani, izikhulu eziningi ziyavuma ukuthi ukunwetshwa okwengeziwe kwenqubomgomo kuyadingeka ukuze kubhekwane nobuthakathaka obungase bube khona kwezomnotho kanye nezingozi zokwehla kwamandla emali.

Noma kunjalo, ukukhathazeka ngezimakethe mayelana nokukhuphuka kabusha kwamandla emali akukashabalali. Ukwehla kwamandla emali esikhathini esizayo kungase kuhlale kungaphezu kwethagethi ye-Fed engu-2%, okusikisela ukuthi nakuba okunye ukuncishiswa kwezinga kungase kusondele, i-Fed idinga ukuqapha ukuze igweme ukubusa kwamandla emali.

Ukukhathazeka Ngokuvuka Kabusha Kwemali Ephansi

Nakuba idatha iyonke yokwehla kwamandla emali ikhombisa ukuthambekela okuhamba kancane, izimakethe zikhathazeke ngokubuya kokwehla kwamandla emali zisaqhubeka. Idatha ibonisa ukuthi okulindelwe abatshalizimali ngesilinganiso sokwehla kwamandla emali eminyakeni emihlanu ezayo sikhuphuke safinyelela ku-2.04%, ngaphezu kwezinga ngesikhathi esifanayo ngonyaka odlule. Lokhu kusikisela ukuthi imakethe inokungabaza mayelana nekhono le-Fed lokugcina amandla emali ephansi njalo.

Ngaphezu kwalokho, idatha evela emakethe ye-inflation emakethe ibonisa ukuthi ukwehla kwamandla emali kungase kudlule okuhlosiwe kwe-Fed eminyakeni ezayo, okubeka inselele enkulu ku-Fed njengoba icubungula okunye ukuncishiswa kwezinga. Abanye abahlaziyi baxwayisa ngokuthi inqubomgomo yamanje ye-Fed yendawo yokuhlala ingase ibangele ingcindezi yokwehla kwamandla emali engxenyeni yesibili yalo nyaka, okwenza kube nzima ukuncishiswa kwezinga esikhathini esizayo.

Isifinyezo

Kafushane, amathuba okuthi elinye izinga elinqunywe yi-Fed kulo nyaka liphezulu, kodwa ubukhulu obuthile kanye nemvamisa yokuncishiswa kuzoncika kudatha yezomnotho yesikhathi esizayo. I-Core PCE Index ezayo izobaluleka ekuqondisweni kwenqubomgomo ye-Fed. Nakuba ezinye izikhulu ze-Fed zikhuthaza isinyathelo sokuqapha, izingcindezi ezimbili zokwehla kwamandla emali kanye nemakethe yezemisebenzi esimweni somnotho samanje zingase ziphoqe i-Fed ukuthi yamukele izinqubomgomo zokuhlala ezengeziwe kulo nyaka. Umkhondo wenqubomgomo wesikhathi esizayo uzonqunywa kakhulu ibhalansi phakathi kwedatha yokwehla kwamandla emali nokusebenza kwemakethe yezabasebenzi.