Inkcazo kunye Nenkcazo yeCode Curve
I-curve isivuno ngumfanekiso ocacileyo (ucebise kwigrafu) obonisa isivuno kwiimbopheleleko ezihambelana neziqhamo-ngokuqhelekileyo ukususela kwiinyanga ezintathu ukuya kwi-30.
Izibophelelo zexesha elifutshane ziyaziwa ukuba zinike isivuno esincinci, ngelixa iibhondi zexesha elide zinika izivuno eziphezulu.
Ngenxa yoko, umlo wesigqubuthelo semveliso (apho i-axis Y ebonisa ukukhula kwamaxabiso kunye ne-X-axis ibonisa ukunyuka kwexesha elide) ngumgca oqala kwicala elingasekhohlo kunye nokunyuka ukuya phezulu. Umgca obolileyo ubizwa ngokuba "ngumqhele" wesivuno.
Izinto ezichaphazela iCode Curve
Ukukhumbula ukuba ixabiso lamabhondi kunye nezivuno zihambelana nezikhokelo ezichaseneyo , izinto ezahlukeneyo zichaphazela ukunyakaza ekupheleni komgca wesivuno. Iifutshane zentsingiselo zesikhashana-ezibizwa nangokuthi "ukuphela esifutshane" kwendlela yokuvuna-zithathwa ukuba zichatshazelwe yintoni na oya kuyenza kwikamva, okanye ngokuthe ngqo, kulindeleke kumgaqo-nkqubo we-US Federal Reserve. Ezi zithuba zemizuzu emfutshane zivame ukuphakama xa i-Fed ilindeleke ukuba ikhulise amazinga omdla kwaye iwele xa kukulindeleke ukunciphisa amaxabiso.
Izibophelelo zangexesha elide- "ukuphela okude" kwendonga-zithinteka ngandlela-thile ngombono we-Fed nkqubo, kodwa ezinye izinto zidlala indima ekuhambiseni izivuno zexesha elide okanye ziphantsi.
Okubaluleke kakhulu kule miba yimbono yokunyuka kwamaxabiso , ukukhula koqoqosho, ukubonelela-kunye-neemfuno kunye nabajonga ngayo imali-mali ngokubhekiselele kumngcipheko.
Ukuthetha ngokuqhelekileyo, ukukhula okucothayo, ukunyuka kwamaxabiso okunciphisa kunye nokunyuka kwengcinezelo yokudandatheka kukunceda ukusetyenziswa kwentengo yeebhondi zexesha elide (kwaye kubangele ukuvunwa). Ngokuchasene, ukukhula ngokukhawuleza, ukunyuka kwamaxabiso okunyuka kunye nokunyuka kweemfuno ezibangelwa ngumngcipheko wokusebenza kwenzakala (kwaye kubangele ukuba isivuno siphume).
Zonke ezi zinto zitshintshe kwaye zidibanise kunye kunye nefuthe lolawulo lwamaxesha eminyaka.
Iifom zeKreve yeNtengo
I-curve yesivuno isoloko ishintsho ngokusekelwe kwiinguqu kwiimeko zemarike jikelele. Iyakwazi ukunyuka kuba amaxesha omde aphakama ngokukhawuleza kunamazinga atshanje -okufutshane (ngaloo ndlela ibonisa ukungaphantsi kweebhondi zexesha elide ngokubhekiselele kwimicimbi yesikhashana). Ngokwahlukileyo, i-curve isivuno sinokuthi idibene , oko kuthetha ukuba amaxabiso emfutshane atyhutyhayo aphakama ngokukhawuleza kunamazinga omde (oko kubonisa ukungaphaya kweebhondi zexesha elide ngokumalunga nemicimbi yexesha elifutshane).
Kunqabile kakhulu, i-curve isivuno sinokuthi iguqulwe . Oku kwenzeka xa izibophelelo zexesha elifutshane ziza kunika ngaphezu kwemiba yesikhathi eside, okanye xa i-curve ihamba kwaye ihamba ngokufanelekileyo kunokuba iphakame. I-curve isivuno esivutyoshelweyo ngokuqhelekileyo iyenzeka xa abatyali-mali bekulindeleke ukuba imeko yokucotha ukukhula koqoqosho, ukunyuka kwamaxabiso okuphantsi, kunye nokukhawuleza kwezinga lokuthatha inzala ngu-Federal Reserve.