\nBanca Central\u0103 European\u0103 se afl\u0103 \u00een pragul unei cre\u015fteri de 0.75 puncte a ratelor dob\u00e2nzilor pentru a restabili controlul asupra infla\u0163iei record, chiar dac\u0103 riscul unei recesiuni \u00een zona euro continu\u0103 s\u0103 creasc\u0103, a raportat Bloomberg.<\/p>\n
\nDecizia f\u0103r\u0103 precedent de \u00een\u0103sprire monetar\u0103, care ar ridica rata depozitelor la 0,75% de la 0%, este prezis\u0103 de majoritatea economi\u015ftilor chestiona\u0163i de Bloomberg, inclusiv de anali\u015ftii Wall Street Goldman Sachs, Bank of America \u015fi JPMorgan Chase.<\/p>\n
\nPeste 40 de b\u0103nci centrale au crescut costurile \u00eendator\u0103rii cu cel pu\u0163in 0.75 puncte \u00een acest an \u2013 Anali\u015ftii se \u00eentreab\u0103 dac\u0103 BCE va urma trendul \u00een\u0103spririlor monetare cu aceea\u015fi stricte\u0163e.<\/p>\n
\nPariurile investitorilor \u00eenclin\u0103 c\u0103tre o cre\u015fte de 75 de puncte de baz\u0103, de\u015fi deocamndat\u0103 nimic nu este decis la nivel oficial. Unii anali\u015fti au b\u0103tut \u00een retragere \u00een ultimele zile, deoarece datele economice pesimiste au \u00eente\u0163it teama de recesiune. Vocile care se \u00eengrijoreaz\u0103 de perspectivele \u00een\u0103spririi monetare sus\u0163in o cre\u015ftere mai modest\u0103 de jum\u0103tate de punct.<\/p>\n
\nO \u00eenr\u0103ut\u0103\u0163ire a situa\u0163iei ar face ca BCE s\u0103 se al\u0103ture celor peste 40 de b\u0103nci centrale – inclusiv Rezervei Federale – care au efectuat cre\u015fteri uria\u015fe pentru a reduce infla\u0163ia violent\u0103. Printr-o astfel de strategie, BCE ar putea s\u0103 stimuleze euro, aflat \u00eentr-o continu\u0103 sc\u0103dere, \u015fi s\u0103 trimit\u0103 un mesaj puternic criticilor care sus\u0163in c\u0103 factorii de decizie politic\u0103 au fost prea len\u0163i pentru a ac\u0163iona \u00een contextul ostilit\u0103\u0163ilor economice din prezent.<\/p>\n
\nPerspectiva unei cre\u015fteri de 0.75 puncte a ratei dob\u00e2nzii a luat na\u015ftere la sf\u00e2r\u015fitul lunii trecute din cauza reprezentan\u0163ilor Consiliului guvernamental care au participat la retragerea anual\u0103 a Fed din Jackson Hole. Chiar \u015fi unii dintre colegii lor mai precau\u0163i au \u00eendemnat la o ac\u0163iune \u00een for\u0163\u0103 a BCE.<\/p>\n
\nPre\u0163urile au crescut cu 9,1% fa\u0163\u0103 de august 2021 — de aproape cinci ori \u0163inta de 2% a BCE pe termen mediu — \u00een timp ce o m\u0103sur\u0103 care exclude alimentele \u015fi energia a atins, de asemenea, un maxim istoric. Consumatorii chestiona\u0163i de BCE prev\u0103d o infla\u0163ie de 5% \u00een urm\u0103toarele 12 luni \u015fi 3% peste trei ani.<\/p>\n
\nSitua\u0163ia euro nu a ajutat deloc. Sc\u0103derea monedei sub dolarul american a \u00een\u0103sprit costul importurilor, \u00een special al m\u0103rfurilor cu pre\u0163ul \u00een dolari. Orice cre\u015ftere mai mic\u0103 de trei sferturi de punct risc\u0103 generarea unei sl\u0103biciuni suplimentare, potrivit lui Anatoli Annenkov, analist la Societe Generale.<\/p>\n
\nReprezentan\u0163ii BCE se vor confrunta cu opozi\u0163ia economistului \u015fef Philip Lane, care a propus o \u201eserie calibrat\u0103 \u00een mai multe etape, \u00een schimbul unor cre\u015fteri mai mari \u015fi mai rare\u201d.<\/p>\n
\nExist\u0103 \u015fi semne ale unui disconfort politic. Prim-ministrul spaniol Pedro Sanchez a avertizat s\u0103pt\u0103m\u00e2na aceasta c\u0103 \u00een\u0103sprirea monetar\u0103 \u201etrebuie s\u0103 fie compatibil\u0103 cu o cale de redresare economic\u0103 eficient\u0103\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"
Banca Central\u0103 European\u0103 se afl\u0103 \u00een pragul unei cre\u015fteri de 0.75 puncte a ratelor dob\u00e2nzilor pentru a restabili controlul asupra infla\u0163iei record, chiar dac\u0103 riscul unei recesiuni \u00een zona euro continu\u0103 s\u0103 creasc\u0103, a raportat Bloomberg. Decizia f\u0103r\u0103 precedent de \u00een\u0103sprire monetar\u0103, care ar ridica rata depozitelor la 0,75% de la 0%, este prezis\u0103 de […]<\/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":[20170,7267,8830,10100,246,187,184,9287,16892,8443,179,8674],"class_list":["post-208108","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-banca-centrala","tag-banci","tag-bce","tag-control","tag-crestere","tag-dobanzi","tag-inflatie","tag-majorare","tag-puncte","tag-rate","tag-recesiune","tag-record"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/208108","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=208108"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/208108\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=208108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=208108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=208108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}