\nCea mai mare team\u0103 a b\u0103ncii cen\u00adtrale americane (Fed), \u015fi nu numai, este legat\u0103 de infla\u0163ie. <\/p>\n
\nO mi\u015fcare colec\u00adtiv\u0103 de a privi dincolo de declinul ge\u00adnerat de pandemie, c\u0103tre riscul acce\u00adler\u0103rii infla\u0163iei, a ap\u0103rut odat\u0103 cu aver\u00adtismentul Fed c\u0103 ar putea \u00eencepe s\u0103-\u015fi restr\u00e2ng\u0103 achizi\u0163iile de obliga\u0163iuni \u00een cur\u00e2nd, perspectiva ca Banca Angliei (BoE) s\u0103 majoreze dob\u00e2nzile chiar \u00een acest an, \u00een pofida ultimelor date economice dezam\u0103gitoare, \u015fi alte cinci major\u0103ri operate de b\u0103nci centrale din \u00eentreaga lume, scrie Bloomberg.<\/p>\n
\n\u00centre timp, Banca Central\u0103 European\u0103 a\u015fteapt\u0103 ca Fed-ul s\u0103 fac\u0103 primul pas pe calea major\u0103rii do\u00adb\u00e2nzilor, oficialii acesteia declar\u00e2ndu-se \u00een mare parte \u00een continuare mai preocupa\u0163i de sus\u0163inerea redres\u0103rii fragile. Ace\u015ftia insist\u0103 c\u0103 o restr\u00e2ngere a stimu\u00adlentelor anun\u0163at\u0103 pe 9 septembrie nu constituie genul de \u201etapering\u201c care ar putea ap\u0103rea \u00een cur\u00e2nd \u00een SUA.<\/p>\n
\nP\u00e2n\u0103 \u00een decembrie, Fed-ul \u015fi-ar putea restr\u00e2nge sus\u0163inerea \u015fi privi c\u0103tre o majorare de dob\u00e2nzi, \u015fi alte b\u0103nci centrale pl\u0103nuindu-\u015fi propriile retrageri. Tot \u00een acest moment ar putea discuta \u015fi zona euro direc\u0163ia viitoare a programului s\u0103u de stimulente, cu o alt\u0103 form\u0103 de achizi\u0163ii de obliga\u0163iuni drept posibil rezultat pentru combaterea sl\u0103biciunii economice a regiunii.<\/p>\n
\n\u201eBCE se a\u015fteapt\u0103 ca problemele de dinaintea pandemiei s\u0103 persiste o vreme, astfel c\u0103 aceasta trebuie s\u0103 fie mult mai precaut\u0103 cu privire la retragerea stimulentelor\u201c, arat\u0103 Neville Hill, economist \u00een cadrul Credit Suisse Group. \u201eBanca va ac\u0163iona mult mai lent dec\u00e2t Fed-ul sau Banca Angliei\u201c.<\/p>\n
\nDe\u015fi presiunile legate de costuri la nivel mondial au \u00eempins \u00een sus infla\u0163ia \u015fi \u00een zona euro, strategii de acolo r\u0103m\u00e2n mai optimi\u015fti dec\u00e2t cei din alte \u0163\u0103ri cu privire la direc\u0163ia viitoare a acesteia. \u015eefa BCE a declarat recent c\u0103 se a\u015fteapt\u0103 ca infla\u0163ia s\u0103 se stabilizeze anul viitor.<\/p>\n
\n\u00centrebat\u0103 c\u00e2nd crede c\u0103 BCE va majora dob\u00e2nzile \u00een raport cu Fed, aceasta a r\u0103spuns c\u0103 nu are nicio idee pentru c\u0103 cele dou\u0103 b\u0103nci opereaz\u0103 cu programe diferite, potrivit CNBC.<\/p>\n
\nMai mul\u0163i strategi ai Fed au invocat accelerarea infla\u0163iei drept motiv pentru \u00eenceperea major\u0103rilor de dob\u00e2nzi chiar de anul viitor, scrie Bloomberg. Restr\u00e2ngerea stimu\u00adlen\u00adtelor ar putea veni chiar cu urm\u0103\u00adtoarea \u015fedin\u0163\u0103 de politic\u0103 monetar\u0103 din noiembrie, anun\u0163a recent pre\u00ad\u015fedintele b\u0103ncii, Jerome Powell.<\/p>\n
\n\u00cen ceea ce prive\u015fte Banca Angliei, dup\u0103 ce datele economice dezam\u0103gitoare pe septembrie, cu sectorul privat britanic av\u00e2nd parte de cea mai slab\u0103 lun\u0103 de la apogeul lockdownului din iarna trecut\u0103, au pus-o \u00een fa\u0163a unei dileme cu privire la momentul anun\u0163\u0103rii restr\u00e2ngerii stimulentelor \u00een condi\u0163iile acceler\u0103rii infla\u0163iei, aceasta a decis s\u0103 deschid\u0103 u\u015fa unor viitoare major\u0103ri de dob\u00e2nzi chiar de anul acesta.<\/p>\n
\nBanca Angliei a men\u0163ionat perspectiva major\u0103rii dob\u00e2nzilor chiar \u00een noiembrie pentru a aduce sub control cre\u015fterea accelerat\u0103 a ratei infla\u0163iei, a\u015fteptat\u0103 s\u0103 dep\u0103\u015feasc\u0103 4% \u00een urma cre\u015fterii dramatice a pre\u0163urilor energiei.<\/p>\n","protected":false},"excerpt":{"rendered":"
Cea mai mare team\u0103 a b\u0103ncii cen\u00adtrale americane (Fed), \u015fi nu numai, este legat\u0103 de infla\u0163ie. O mi\u015fcare colec\u00adtiv\u0103 de a privi dincolo de declinul ge\u00adnerat de pandemie, c\u0103tre riscul acce\u00adler\u0103rii infla\u0163iei, a ap\u0103rut odat\u0103 cu aver\u00adtismentul Fed c\u0103 ar putea \u00eencepe s\u0103-\u015fi restr\u00e2ng\u0103 achizi\u0163iile de obliga\u0163iuni \u00een cur\u00e2nd, perspectiva ca Banca Angliei (BoE) s\u0103 […]<\/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":[8225,25628],"class_list":["post-197636","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-analiza","tag-banci-centrale"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/197636","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=197636"}],"version-history":[{"count":1,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/197636\/revisions"}],"predecessor-version":[{"id":197654,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/197636\/revisions\/197654"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=197636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=197636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=197636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}