Emahoreni okuqala ngoLwesine ekuseni ngesikhathi saseBeijing, i-Federal Reserve imemezele isinqumo sayo senzalo sikaNovemba, yanquma ukuphakamisa ububanzi bomgomo wezinga lezimali zikahulumeni ngamaphuzu angu-75 ayisisekelo kuya ku-3.75%-4.00%, okuwukwenyuka kwesilinganiso sesine esilandelanayo samaphuzu angu-75 ayisisekelo kusukela ngoJuni, kanti izinga lenzalo liye lakhuphuka laya phezulu kusukela ngoJanuwari 2008. USihlalo we-Fed uJerome Powell uthe engqungqutheleni yabezindaba eyalandela ukuthi ijubane lokwenyuka kwentengo lingase lehliswe ngoDisemba, kodwa ukwenyuka kokulindela kokwehla kwamandla emali kwesikhashana kuyinkathazo, ukuthi kusenesikhathi ukumisa ukwenyuka kwentengo, nokuthi umgomo wokugcina wezinga layo lenqubomgomo ungase ube phezulu kunalokho obekulindelwe ngaphambilini. Ngokukhathazeka kwangaphandle mayelana nengozi yokwehla kwamandla emali, uPowell uthe yize ekholelwa ukuthi i-Fed "ingase" ifinyelele endaweni ethambile, kodwa umgwaqo "unciphile". UPowell mayelana nomgomo wenzalo wokugcina ungase ube phezulu kunalokho obekulindelwe futhi isitatimende esingenathemba sokufika kalula saba esinye sezimbangela zokuphela kokucwila kwamasheya ase-US, amanani egolide aphesheya kwezilwandle abuyela phansi, inkomba yedola ibuyele emuva ku-112, isivuno sebhondi lase-US sakhuphuka saya phezulu kwamasonto amabili.

Woza uzobona umthelela wokwenyuka kwezinga le-Federal Reserve emakethe yekotini, ngenxa yokwenyuka okukhulu kwezinga lentengo okuye kwacutshungulwa kusengaphambili, isinqumo sakhishwa ngemuva kokufika okungekuhle, izinkontileka zokuqala ezintathu emakethe yase-US zikhuphukile, ezinye izinkontileka nazo zikhuphukile ngamazinga ahlukahlukene. Futhi bheka emuva izikhathi ezinhlanu kusukela ukwenyuka kwezinga lenzalo okukhulu kulo nyaka, i-ICE cotton futures kanye ne-Zheng cotton ekhuphukile izikhathi ezine, lapho imakethe yangaphandle ikhuphukile kakhulu kunemakethe yasekhaya, kuyilapho ukwenyuka okukhulu emakethe yangaphandle ngemuva kwalokhu kwenyuka kwezinga lentengo, isikhathi saseNew York sibe yizinsuku ezimbili ezilandelanayo zezingcaphuno zokuma, eziqhubeke zehla cishe ngamasenti angu-70 / pound engxenyeni yokuqala yemakethe, futhi kulindeleke ukuthi zehlise ijubane lokwenyuka kwezinga lenzalo ngemuva kwe-Fed ngoNovemba, ukuthengwa okuphansi kwemakethe emakethe nezinye izinto ezihlobene nokwenyuka kwezinga lenzalo ngoJuni kanye nohlelo lokunciphisa ngemuva kokuba imakethe yehle. Futhi kusukela ekunyukeni kwezinga le-Fed ngemuva kwesikhathi eside sokuthambekela kwemakethe, ngaphezu kokwenyuka kukaJulayi kokulandelela, okunye ukwenyuka kwezinga lentengo okuhlukahlukene sekuye kwaba nesidingo semakethe okulindeleke ukuthi sinciphe, amanani kakotini ayaqhubeka nokwehla njengamandla amakhulu okuqhuba.

Lokhu kukhuphuka kwezinga le-Fed mhlawumbe kuzoba ukukhuphuka okukhulu kokugcina kwezinga kulo mjikelezo wamanje, kodwa i-endpoint yesilinganiso senzalo ingase ibe phezulu kunalokho obekulindelekile. Ngokusho kwethuluzi le-Chicagoland CME Interest Rate Watch, imakethe okwamanje ilindele ukuthi umjikelezo wokunyuka kwezinga lamanje uzophela ngoMeyi ngonyaka ozayo, kanye nomgomo wezinga lenzalo ongu-5.00%-5.25% kanye nesilinganiso se-median terminal sikhuphukele ku-5.08%. I-Fed izogwema iphutha lokungaqini ngokwanele noma ukuphuma ekuqineni ngokushesha kakhulu. Lolu chungechunge lwezitatimende eziya emakethe ukuze zikhiphe isignali luthi: ukuqinisa yize kukhona ukwehla, kodwa futhi asinakungabaza ngokuzimisela kwethu ukuphakamisa amazinga enzalo. Ukwenyuka kwakamuva kwamanani kawoyela ongahluziwe nokudla noma ukuthambekela okuzinzile, ukukhuphuka okuphezulu kwentengo e-United States kunzima ukukunciphisa kakhulu esikhathini esifushane, kuyilapho i-United States izoletha ukhetho oluphakathi nonyaka kule nyanga, ngakho-ke i-Fed izoqhubeka nokuveza ukuzimisela kokunciphisa ukukhuphuka kwentengo, kodwa futhi ayikwazi ukuvumela idatha yezomnotho ukuthi yehle kakhulu kulesi simo, okungaba futhi isitatimende esithi "kokubili okukhululekile nokuqinile" kwe-Impikiswano ilele. Futhi umthelela wayo emakethe yekotoni, ukucindezeleka okuphansi kulindeleke ukuthi kube ngaphansi kokwenyuka kwezinga lenzalo kwangaphambilini, kodwa amazinga enzalo iyonke ayakhuphuka, ibhalansi iqina, ukusetshenziswa kwezindlu kuseyingcindezi yesikhathi eside. Uhulumeni wase-US usanda kumemezela usizo olungamaRandi ayizigidi eziyizinkulungwane ezingu-4.5 ukusiza ukwehlisa izindleko zokushisa imindeni yaseMelika kulobu busika kanye no-$9 billion wokuxhaswa nguhulumeni okuvela kuMthetho Wokunciphisa Ukwehla Kwamandla Emali ukuze kuthuthukiswe ukusebenza kahle kwamandla emakhaya ukuze kunqotshwe ukhetho lwaphakathi nenkathi. Njengoba imali kahulumeni "idonsa amavoti," kulindeleke ukuthi ukwehla komnotho wesikhathi esifushane kulindeleke ukuthi kwehle kancane, kodwa umkhuba wesikhathi eside kunzima ukuwushintsha.
Umthombo wezindaba: Inethiwekhi Yezindwangu