\nFed a anun\u0163at de mai multe luni c\u0103 va \u00eencepe s\u0103 creasc\u0103 dob\u00e2nzile, aflate \u00een prezent la nivelul zero, p\u00e2n\u0103 la sf\u00e2r\u015fitul acestui an.<\/p>\n
\n“Riscul este ca odat\u0103 cu schimbarea percep\u0163iei pie\u0163ei, determinat\u0103 de normalizarea dob\u00e2nzilor, randamentele s\u0103 creasc\u0103 puternic, iar fluxul de capital s\u0103 se inverseze”, a spus Furusawa la o conferin\u0163\u0103 interna\u0163ional\u0103 de la Seul, ad\u0103ug\u00e2nd c\u0103 acest proces ar putea deveni dezordonat.<\/strong><\/p>\n \nOficialul FMI a ar\u0103tat c\u0103 Fed poate reduce riscul unor retrageri dezordonate de capital prin continuarea comunic\u0103rii inten\u0163iilor \u00eenstitu\u0163iei \u00een domeniul politicii monetare, \u00een timp ce economiile pie\u0163elor emergente trebuie s\u0103 \u00eent\u0103reasc\u0103 indicatorii macroeconomici.<\/p>\n \nFurusawa a subliniat totodat\u0103 importan\u0163a adopt\u0103rii de reforme structurale de c\u0103tre statele emergente, pentru a promova o cre\u015ftere economic\u0103 solid\u0103, sustenabil\u0103 \u015fi echilibrat\u0103.<\/p>\n \nO serie de oficiali la nivel mondial \u015fi-au exprimat \u00eengrijorarea c\u0103 s-ar putea repeta situa\u0163ia din 2013, c\u00e2nd investitorii la nivel mondial, \u00eengrijora\u0163i de primul anun\u0163 al Fed privind inten\u0163ia de a \u00eencepe inversarea m\u0103surilor monetare extraordinare de stimulare a economiei americane, au \u00eenceput s\u0103 retrag\u0103 capitalul de pe anumite pie\u0163e.<\/p>\n \nFurusawa a ar\u0103tat c\u0103 \u0163\u0103rile pot face fa\u0163\u0103 volatilit\u0103\u0163ii pie\u0163ei prin interven\u0163ii pe pia\u0163a valutar\u0103 sau prin m\u0103suri de management al circula\u0163iei capitalului, dar acestea nu trebuie s\u0103 reprezinte un substitut pentru ajustare macroeconomic\u0103.<\/p>\n \nOficialul FMI a mai spus c\u0103 FMI anticipeaz\u0103 c\u0103 cre\u015fterea economic\u0103 de pe pie\u0163ele emergente se va intensifica anul viitor, dup\u0103 tendin\u0163a de \u00eencetinire \u00eenregistrat\u0103 \u00een ultimii cinci ani.<\/p>\n","protected":false},"excerpt":{"rendered":" Directorul general adjunct al FMI, Mitsuhiro Furusawa, a avertizat luni c\u0103 exist\u0103 un risc considerabil ca majorarea dob\u00e2nzilor de c\u0103tre Rezerva Federal\u0103 (Fed) s\u0103 aib\u0103 un efect negativ asupra pie\u0163ei financiare.<\/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":[187,8111,7433],"class_list":["post-122947","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-dobanzi","tag-fed","tag-fmi"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/122947","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=122947"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/122947\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=122947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=122947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=122947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}