\nEa a spus c\u0103 PIB global poate cre\u015fte cu peste 3% \u00een acest an \u015fi \u00een urm\u0103torul, dar riscurile prezentate de infla\u0163ia prea mic\u0103, tensiunile geopolitice din jurul Ucrainei \u015fi “volatilitatea pie\u0163elor” ar putea ini\u0163ia o perioad\u0103 de cre\u015ftere foarte slab\u0103. Infla\u0163ia anual\u0103 \u00een zona euro a ajuns la 0,5% \u00een martie, minim din 2009 \u00eencoace.<\/p>\n
\n\u00cen ciuda apelurilor de la FMI, BCE a decis s\u0103pt\u0103m\u00e2na trecut\u0103 s\u0103 men\u0163in\u0103 neschimbat\u0103 principala rat\u0103 a dob\u00e2nzii, la nivelul minim de 0,25%. Pre\u015fedintele BCE, Mario Draghi, a explicat c\u0103 banca se a\u015fteapt\u0103 ca perioada cu pre\u0163uri sc\u0103zute s\u0103 mai dureze \u00een Europa, dar c\u0103 va lua decizia de a ac\u0163iona dac\u0103 va ap\u0103rea \u00eentr-adev\u0103r pericolul defla\u0163iei. Estimarea lui este c\u0103 infla\u0163ia se va apropia de \u0163inta de 2% \u00een jur de 2016.<\/p>\n
\nSurse citate de Bloomberg au anun\u0163at c\u0103 BCE a f\u0103cut deja simul\u0103ri privind efectul pe care l-ar avea asupra infla\u0163iei un program de cump\u0103rare de obliga\u0163iuni \u00een valoare de 1.000 de miliarde de euro (m\u0103surile neconven\u0163ionale” de care vorbea Lagarde). Unii anali\u015fti consider\u0103 \u00eens\u0103 c\u0103 dac\u0103 BCE va decide s\u0103 procedeze la un program de relaxare monetar\u0103 – dup\u0103 modelul Rezervei Federale a SUA – prin achizi\u0163ii de active, cel mai probabil se va orienta spre cump\u0103r\u0103ri de credite bancare, cump\u0103r\u0103ri de datorii f\u0103cute de sectorul privat sau alte facilit\u0103\u0163i oferite b\u0103ncilor, \u00een loc de cump\u0103r\u0103ri de obliga\u0163iuni guvernamentale, fiindc\u0103 statutul BCE \u00eei interzice acesteia s\u0103 finan\u0163eze direct guvernele \u0163\u0103rilor membre ale zonei euro.<\/p>\n","protected":false},"excerpt":{"rendered":"
\u015eefa FMI, Christine Lagarde, a f\u0103cut insistent apel la Banca Central\u0103 European\u0103 s\u0103 relaxeze politica monetar\u0103, “inclusiv prin m\u0103suri neconven\u0163ionale”, spre a permite cre\u015fterea pre\u0163urilor \u00een zona euro, pe motiv c\u0103 tendin\u0163a spre defla\u0163ie \u00een economiile avansate risc\u0103 s\u0103 submineze o redresare \u015fi a\u015fa fragil\u0103 a economiei globale.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[7267,8830,485,17272,25190,188,7433,184,22723,369,8790,340,28229,9184,349,13242],"class_list":["post-105871","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-banci","tag-bce","tag-credite","tag-deflatie","tag-draghi","tag-economie","tag-fmi","tag-inflatie","tag-lagarde","tag-obligatiuni","tag-politica-monetara","tag-preturi","tag-relaxare-monetara","tag-risc","tag-ue","tag-zona-euro"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/105871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=105871"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/105871\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=105871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=105871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=105871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}