\nBanca central\u0103 american\u0103 (Fed) a anun\u0163at o schimbare major\u0103 de politic\u0103 la finalul s\u0103pt\u0103m\u00e2nii trecute, declar\u00e2nd c\u0103 este dispus\u0103 s\u0103 permit\u0103 infla\u0163iei s\u0103 creasc\u0103 peste normal pentru a putea sus\u0163ine pia\u0163a muncii \u015fi economia \u00een general, scrie CNBC.<\/p>\n
\n\u00centr-o mi\u015fcare caracterizat\u0103 de pre\u015fedintele acesteia Jerome Powell drept o \u201eupdatare robust\u0103\u201c a politicii Fed, banca central\u0103 a adoptat oficial o politic\u0103 de \u201e\u0163intire a infla\u0163iei medii\u201c, \u00eensemn\u00e2nd c\u0103 aceasta va permite infla\u0163iei s\u0103 treac\u0103 \u201emoderat de \u0163inta de 2% \u201epentru ceva timp\u201c dup\u0103 perioade \u00een care aceasta s-a situat sub obiectivul respectiv.<\/p>\n
\nPractic, Fed-ul va fi mai pu\u0163in \u00eenclinat s\u0103 majoreze dob\u00e2nzile c\u00e2nd \u015fomajul scade, at\u00e2ta timp c\u00e2t infla\u0163ia nu cre\u015fte \u00een acela\u015fi timp. \u00cen mod tradi\u0163ional, oficialii b\u0103ncii au considerat c\u0103 \u015fomajul sc\u0103zut duce \u00een mod periculos la niveluri mai crescute de infla\u0163ie \u015fi au ac\u0163ionat preventiv pentru a evita acest lucru.<\/p>\n
\nPotrivit oficialilor Fed, schimbarea de abordare \u201epoate p\u0103rea subtil\u0103, dar aceasta reflect\u0103 pozi\u0163ia noastr\u0103 c\u0103 o pia\u0163\u0103 robust\u0103 a muncii poate fi sus\u0163inut\u0103 f\u0103r\u0103 a cauza o cre\u015ftere puternic\u0103 a infla\u0163iei\u201c.<\/p>\n
\nFed-ul \u015fi-a exprimat \u00eengrijorarea cu privire la impactul pandemiei asupra celor mai pu\u0163ini capabili s\u0103-i fac\u0103 fa\u0163\u0103, astfel c\u0103 schimbarea de limbaj reprezint\u0103 o \u00eencercare de a solu\u0163iona aceast\u0103 situa\u0163ie pe m\u0103sur\u0103 ce economia se redreseaz\u0103.<\/p>\n
\n\u00cen pofida rezisten\u0163ei economiei, milioane de muncitori americani r\u0103ma\u015fi f\u0103r\u0103 un loc de munc\u0103 vor \u00eent\u00e2mpina dificult\u0103\u0163i \u00een a-\u015fi g\u0103si unul nou \u015fi au nevoie de sus\u0163inere constant\u0103 din partea guvernului, a declarat Powell, avertiz\u00e2nd c\u0103 redresarea pie\u0163ei muncii ar putea fi un proces de durat\u0103, care s-ar putea \u00eentinde pe mai mul\u0163i ani, potrivit Reuters.<\/p>\n
\nDup\u0103 criza financiar\u0103 din 2008, Fed-ul s-a lansat \u00eentr-un ciclu de major\u0103ri de dob\u00e2nzi pentru normalizarea pozi\u0163iei sale de politic\u0103 monetar\u0103 \u015fi evitarea unei poten\u0163iale cre\u015fteri a infla\u0163iei. Cu anun\u0163ul recent, banca central\u0103 american\u0103 a semnalizat c\u0103 dac\u0103 ar putea \u00eentoarce timpul, ar fi ac\u0163ionat diferit, scrie Financial Times.<\/p>\n
\nSchimbarea de abordare echivaleaz\u0103 implicit cu o recunoa\u015ftere a faptului c\u0103 major\u0103rile de dob\u00e2nzi din ultimul deceniu nu au fost \u00een ton cu realitatea economic\u0103, eviden\u0163iind \u00een acela\u015fi timp determinarea Fed de a men\u0163ine dob\u00e2nzile \u00een apropiere de zero pentru a ajuta economia s\u0103-\u015fi revin\u0103.<\/p>\n
\nNoul plan al Fed este privit cu scepticism de c\u0103tre economi\u015fti \u00een condi\u0163iile \u00een care banca central\u0103 se confrunt\u0103 cu multiple for\u0163e care \u0163in infla\u0163ia sc\u0103zut\u0103, scrie Bloomberg.<\/p>\n
\n\u201eFed-ul trebuie s\u0103 precizeze foarte clar cum inten\u0163ioneaz\u0103 s\u0103-\u015fi ating\u0103 noul obiectiv. Altfel, sunt simple cuvinte pe h\u00e2rtie care nu \u00eenseamn\u0103 nimic\u201c, arat\u0103 Aneta Markowska, de la Jefferies.<\/p>\n
\nTotu\u015fi, James Bullard, pre\u015fedinte St. Louis Fed, a venit \u00een ap\u0103rarea noii strategii, ar\u0103t\u00e2nd c\u0103 aceasta ar putea contribui la cre\u015fterea a\u015ftept\u0103rilor privind infla\u0163ia \u00een r\u00e2ndul investitorilor, un factor despre care economi\u015ftii spun c\u0103 influen\u0163eaz\u0103 masiv traiectoria infla\u0163iei.<\/p>\n
\n <\/p>\n
\n <\/p>\n","protected":false},"excerpt":{"rendered":"
Banca central\u0103 american\u0103 (Fed) a anun\u0163at o schimbare major\u0103 de politic\u0103 la finalul s\u0103pt\u0103m\u00e2nii trecute, declar\u00e2nd c\u0103 este dispus\u0103 s\u0103 permit\u0103 infla\u0163iei s\u0103 creasc\u0103 peste normal pentru a putea sus\u0163ine pia\u0163a muncii \u015fi economia \u00een general, scrie CNBC.<\/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":[20170,184,17847],"class_list":["post-185898","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-banca-centrala","tag-inflatie","tag-recunoastere"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/185898","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=185898"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/185898\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=185898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=185898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=185898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}