{"id":214824,"date":"2023-04-08T16:06:46","date_gmt":"2023-04-08T16:06:46","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=214824"},"modified":"2026-04-09T16:17:04","modified_gmt":"2026-04-09T16:17:04","slug":"una-calda-una-rece-fostul-sef-al-trezoreriei-sua-avertizeaza-ca-recesiunea-e-mai-aproape-ca-oricand-dar-si-ca-fed-a-terminat-cu-rundele-de-majorare-a-ratei-dobanzii","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=214824","title":{"rendered":"Una cald\u0103, una rece: Fostul \u015fef al Trezoreriei SUA avertizeaz\u0103 c\u0103 recesiunea e mai aproape ca oric\u00e2nd, dar \u015fi c\u0103 Fed a terminat cu rundele de majorare a ratei dob\u00e2nzii"},"content":{"rendered":"<p>\nLawrence Summers, fostul secretar al Trezoreriei SUA, a avertizat c\u0103 probabilitatea unei recesiuni \u00een State este \u00een cre\u015ftere \u015fi c\u0103 pericolul este real, totodat\u0103 el este de p\u0103rere c\u0103 Fed se apropie de sf\u00e2r\u015fitul episoadelor de \u00een\u0103sprire a politicii monetare, scrie Bloomberg.<\/p>\n<p>\n\u201eCeea ce este destul de clar este c\u0103 ne afl\u0103m \u00een ultima parte a actualului ciclu de \u00een\u0103sprire\u201d, a declarat fostul secretar al Trezoreriei.<\/p>\n<p>\nSummers nu a luat \u00een considerare raportul de vineri privind locurile de munc\u0103 din martie, despre care a spus c\u0103 reflect\u0103 puterea economiei la \u00eenceputul primului trimestru, dar c\u0103 acum este mai pu\u0163in relevant, av\u00e2nd \u00een vedere perspectivele de \u00een\u0103sprire a credit\u0103rii. Datele au ar\u0103tat o nou\u0103 cre\u015ftere ferm\u0103 a num\u0103rului de salaria\u0163i din SUA, iar rata \u015fomajului a sc\u0103zut la 3,5%.<\/p>\n<p>\n\u00cen schimb, cifrele mai slabe dec\u00e2t se a\u015ftepta privind industria prelucr\u0103toare \u015fi serviciile, publicate \u00een aceast\u0103 s\u0103pt\u0103m\u00e2n\u0103, au ar\u0103tat o \u00eencetinire a activit\u0103\u0163ii mai mare dec\u00e2t se estima ini\u0163ial.<\/p>\n<p>\n&nbsp;Indicatorul ISM pentru fabrici a atins cel mai sc\u0103zut nivel din prim\u0103vara anului 2020. Alte date din aceast\u0103 s\u0103pt\u0103m\u00e2n\u0103 au ar\u0103tat o sc\u0103dere a num\u0103rului de locuri de munc\u0103 vacante \u015fi o cre\u015ftere a tendin\u0163ei privind cererile de \u015fomaj.<\/p>\n<p>\n\u201eAvem sentimentul c\u0103 exist\u0103 o limitare substan\u0163ial\u0103 a credit\u0103rii. \u00cen aceest moment, probabilitatea unei recesiuni cre\u015fte periculos de mult \u015fi cred c\u0103 Fed trebuie s\u0103 ia niste decizii dificile\u201d, a mai spus Summers.<\/p>\n<p>\nSummers a &nbsp;cerut Fed s\u0103 se angajeze \u00eentr-o revizuire ampl\u0103 a modelelor sale interne, care nu au reu\u015fit s\u0103 anticipeze cre\u015fterea brusc\u0103 a infla\u0163iei care a \u00eenceput \u00een 2021 \u015fi nu au surprins riscurile care au ap\u0103rut \u00een sistemul bancar, care au intrat \u00een aten\u0163ie odat\u0103 cu pr\u0103bu\u015firea Silicon Valley Bank luna trecut\u0103.<\/p>\n<p>\n\u201eFed trebuie s\u0103 \u00ee\u015fi reevalueze sistemul, pentru c\u0103 \u00een ultimii doi ani opera\u0163iunile lor nu au avut prea mult succes\u201d, a mai spus fostul oficial.<\/p>\n<p>\n\u201eAm avut un sistem financiar care s-a bazat pe dorin\u0163a unui num\u0103r mare de gospod\u0103rii care \u015fi-au \u0163inut banii \u00een banc\u0103 chiar dac\u0103 \u015ftiau c\u0103 randamentul depozitelor nu le va aduce prea mul\u0163i bani \u00een buzunare. Acest lucru nu va mai continua. Fed trebuie s\u0103 se g\u00e2ndeasc\u0103 foarte bine la tipul de sistem financiar care va func\u0163iona \u00een SUA \u00een urm\u0103torii ani\u201d, a concluzionat Lawrence Summers.<\/p>\n<p>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lawrence Summers, fostul secretar al Trezoreriei SUA, a avertizat c\u0103 probabilitatea unei recesiuni \u00een State este \u00een cre\u015ftere \u015fi c\u0103 pericolul este real, totodat\u0103 el este de p\u0103rere c\u0103 Fed se apropie de sf\u00e2r\u015fitul episoadelor de \u00een\u0103sprire a politicii monetare, scrie Bloomberg. \u201eCeea ce este destul de clar este c\u0103 ne afl\u0103m \u00een ultima parte [&hellip;]<\/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":[15146,7458,33684,9287,20168,179,106,9693],"class_list":["post-214824","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-avertizare","tag-dobanda","tag-fost-sef","tag-majorare","tag-racire","tag-recesiune","tag-sua","tag-trezorerie"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/214824","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=214824"}],"version-history":[{"count":1,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/214824\/revisions"}],"predecessor-version":[{"id":214841,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/214824\/revisions\/214841"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=214824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=214824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=214824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}