\nDup\u0103 luni \u00eentregi de a\u015fteptare, imensa sarcin\u0103 privind reducerea bilan\u0163ului Rezervei Federale din Statele Unite \u2013 \u00een valoare de 9.000 de miliarde de dolari \u2013 \u00eencepe ast\u0103zi \u00een mod oficial, relateaz\u0103 Financial Times.<\/p>\n
\nTot miercuri, Fed ar putea majora ratele dob\u00e2nzilor cu 75 de puncte de baz\u0103, banca central\u0103 american\u0103 \u00eencet\u00e2nd, \u00eentre timp, s\u0103 \u00ee\u015fi mai pompeze \u00eencas\u0103rile generate ini\u0163ial de titlurile de trezorerie care au ajuns la maturitate, \u00een valoare de 15.000 de miliarde de dolari, c\u0103tre pia\u0163a datoriilor guvernamentale din SUA, ajuns\u0103 la 23.000 de miliarde de dolari.<\/p>\n
\nEste prima dat\u0103 c\u00e2nd institu\u0163ia din Washington DC ia o astfel de decizie de c\u00e2nd a dat startul programului de cump\u0103rare de obliga\u0163iuni \u00een primele zile ale pandemiei de coronavirus.<\/p>\n
\nDe\u015fi Fed a semnalat din timp a\u015fa-zisa reducere cantitativ\u0103, investitorii sunt siguri de impactul generat de respectivul proces, opera\u0163iunea neav\u00e2nd precedent din punct de vedere al magnitudinii. \u00cen aceea\u015fi not\u0103, unii anali\u015fti argumenteaz\u0103 c\u0103 decizia ar putea afecta \u015fi mai mult pia\u0163a bondurilor americane, zdruncinat\u0103 deja de specula\u0163iile conform c\u0103rora Fed va majora tot mai agresiv ratele dob\u00e2nzilor.<\/p>\n
\n\u201eFed a reprezentat un mare cump\u0103r\u0103tor \u015fi o mare influen\u0163\u0103 stabilizatoare \u00een pia\u0163a ultimilor doi ani. Pierz\u00e2nd acest statut \u00eentr-un moment caracterizat de incertitudinile legate de infla\u0163ie \u015fi cre\u015fterea economic\u0103 \u00eenseamn\u0103 c\u0103 volatilitatea va r\u0103m\u00e2ne ridicat\u0103 \u00een pia\u0163a ratelor dob\u00e2nzilor la titlurile de stat, cu mult peste nivelul ultimilor doi ani\u201d, spune Rick Rieder, director de investi\u0163ii al diviziei de venit fix din cadrul BlackRock, cel mai mare administrator de active la nivel mondial.<\/p>\n
\nNelini\u015ftea din interiorul pie\u0163elor financiare vine \u00een contradic\u0163ie cu declara\u0163ia Fed conform c\u0103reia reducerea bilan\u0163ului va fi un demers plictisitor \u015fi previzibil, ca \u015fi cum ai \u201eprivi cum se usuc\u0103 vopseaua\u201d, conform fostei \u015fefe Fed Janet Yellen.<\/p>\n
\nLa fel ca \u00een 2017, ultima dat\u0103 c\u00e2nd a fost efectuat\u0103 o astfel de opera\u0163iune, Fed le va permite bondurilor s\u0103 ajung\u0103 la maturitate \u015fi nu va reinvesti banii, \u00een loc s\u0103 le v\u00e2nd\u0103 direct \u2013 o alternativ\u0103 mult mai agresiv\u0103.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dup\u0103 luni \u00eentregi de a\u015fteptare, imensa sarcin\u0103 privind reducerea bilan\u0163ului Rezervei Federale din Statele Unite \u2013 \u00een valoare de 9.000 de miliarde de dolari \u2013 \u00eencepe ast\u0103zi \u00een mod oficial, relateaz\u0103 Financial Times. Tot miercuri, Fed ar putea majora ratele dob\u00e2nzilor cu 75 de puncte de baz\u0103, banca central\u0103 american\u0103 \u00eencet\u00e2nd, \u00eentre timp, s\u0103 \u00ee\u015fi […]<\/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":[7215,161,60,8316,10222],"class_list":["post-205364","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-bilant","tag-miliarde","tag-piata","tag-reducere","tag-retragere"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/205364","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=205364"}],"version-history":[{"count":1,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/205364\/revisions"}],"predecessor-version":[{"id":205391,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/205364\/revisions\/205391"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=205364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=205364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=205364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}