\nInvestitorii pariaz\u0103 c\u0103 efectele falimentului Silicon Valley Bank vor for\u0163a Rezerva Federal\u0103 s\u0103 renun\u0163e la noi cre\u015fteri agresive ale ratelor dob\u00e2nzilor. \u00cen prezent, pie\u0163ele estimeaz\u0103 c\u0103 exist\u0103 \u015fanse ca banca central\u0103 american\u0103 s\u0103 \u00eentrerup\u0103 cu totul procesul de \u00een\u0103sprire monetar\u0103 la sf\u00e2r\u015fitul acestei luni, potrivit Financial Times.<\/p>\n
\nPie\u0163ele futures sugereaz\u0103 \u00een prezent \u015fanse de aproximativ 85% ca Fed s\u0103 opteze pentru o majorare a ratelor dob\u00e2nzilor cu un sfert de punct p\u00e2n\u0103 la un interval \u0163int\u0103 cuprins \u00eentre 4,75% \u015fi 5% \u00een cursul acestei luni, potrivit datelor Refinitiv, exist\u00e2nd o probabilitate de 15% ca banca central\u0103 american\u0103 s\u0103 lase ratele neschimbate.<\/p>\n
\nGoldman Sachs a declarat luni c\u0103 nu se mai a\u015fteapt\u0103 la o nou\u0103 majorare dup\u0103 \u015fedin\u0163a Fed de pe 22 martie \u201eav\u00e2nd \u00een vedere recentele tensiuni din sistemul bancar”.<\/p>\n
\nSchimbarea de pe pie\u0163e reprezint\u0103 o r\u0103sturnare de situa\u0163ie fa\u0163\u0103 de s\u0103pt\u0103m\u00e2na trecut\u0103, c\u00e2nd investitorii credeau inevitabil\u0103 o cre\u015ftere a dob\u00e2nzii de 0,5 puncte procentuale, dup\u0103 ce Jay Powell a declarat c\u0103 infla\u0163ia american\u0103 r\u0103m\u00e2ne \u00eenc\u0103 \u00eenc\u0103p\u0103\u0163\u00e2nat de ridicat\u0103, Fed fiind preg\u0103tit\u0103 s\u0103 adopte cre\u015fteri mai mari. <\/p>\n
\nCa r\u0103spuns, investitorii s-au \u00eengr\u0103m\u0103dit \u00een datoria public\u0103 american\u0103, iar randamentul titlurilor de Trezorerie pe doi ani, care este deosebit de sensibil la a\u015ftept\u0103rile privind rata dob\u00e2nzii, a sc\u0103zut cu 0,25 puncte procentuale, ajung\u00e2nd la 4,33%. Instrumentul de datorie avea un randament care dep\u0103\u015fea cu pu\u0163in 5% miercurea trecut\u0103.<\/p>\n
\nAceste mi\u015fc\u0103ri au loc dup\u0103 ce pr\u0103bu\u015firea SVB a determinat Fed s\u0103 anun\u0163e duminic\u0103 o nou\u0103 facilitate de creditare de 25 de miliarde de dolari, despre care se spune c\u0103 a fost conceput\u0103 \u201epentru a ajuta b\u0103ncile s\u0103 se asigure c\u0103 au capacitatea de a satisface nevoile tuturor deponen\u0163ilor lor”. <\/p>\n
\nAnali\u015ftii au declarat c\u0103 m\u0103surile de limitare a consecin\u0163elor au reprezentat o pauz\u0103 de facto \u00een eforturile Fed de a \u00een\u0103spri politica monetar\u0103.<\/p>\n
\nPr\u0103bu\u015firea rapid\u0103 a SVB i-a f\u0103cut pe participan\u0163ii de pe pia\u0163\u0103 \u201es\u0103 fie din nou mai con\u015ftien\u0163i de faptul c\u0103 Fed va provoca noi pagube dac\u0103 va continua s\u0103 creasc\u0103 ratele”, a declarat Lee Hardman, analist valutar la MUFG.<\/p>\n
\nDe asemenea, pr\u0103bu\u015firea b\u0103ncii a \u201edomolit v\u00e2ntul din p\u00e2nzele dolarului american”, subliniind riscurile asociate cu cre\u015fterea ratelor, a ad\u0103ugat Hardman. <\/p>\n","protected":false},"excerpt":{"rendered":"
Investitorii pariaz\u0103 c\u0103 efectele falimentului Silicon Valley Bank vor for\u0163a Rezerva Federal\u0103 s\u0103 renun\u0163e la noi cre\u015fteri agresive ale ratelor dob\u00e2nzilor. \u00cen prezent, pie\u0163ele estimeaz\u0103 c\u0103 exist\u0103 \u015fanse ca banca central\u0103 american\u0103 s\u0103 \u00eentrerup\u0103 cu totul procesul de \u00een\u0103sprire monetar\u0103 la sf\u00e2r\u015fitul acestei luni, potrivit Financial Times. Pie\u0163ele futures sugereaz\u0103 \u00een prezent \u015fanse de aproximativ […]<\/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":[10888,7734,246,187,8111,60,2930,8443,12650],"class_list":["post-214047","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-americana","tag-analisti","tag-crestere","tag-dobanzi","tag-fed","tag-piata","tag-prabusire","tag-rate","tag-scandal"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/214047","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=214047"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/214047\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=214047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=214047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=214047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}