{"id":217194,"date":"2023-06-22T19:14:50","date_gmt":"2023-06-22T19:14:50","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=217194"},"modified":"2023-06-22T19:14:50","modified_gmt":"2023-06-22T19:14:50","slug":"bestia-lacoma-a-inflatiei-va-fi-greu-de-imblanzit","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=217194","title":{"rendered":"Bestia lacom\u0103 a infla\u0163iei va fi greu de \u00eembl\u00e2nzit"},"content":{"rendered":"<p>\n<em><strong><span style=\"color:#b22222;\">\u2666<\/span> \u00cen ultimele lor comentarii privind viitorul dob\u00e2nzilor, at\u00e2t oficialii BCE, c\u00e2t \u015fi cei ai b\u0103ncii centrale americane (Fed) semnaleaz\u0103 c\u0103 infla\u0163ia nu cedeaz\u0103 \u015fi c\u0103 va fi nevoie de o perioad\u0103 prelungit\u0103 de major\u0103ri de dob\u00e2nzi pentru a-i domoli cre\u015fterea.<\/strong><\/em><\/p>\n<p>\nInfla\u0163ia din zona euro este persistent\u0103 \u015fi ar putea fi nevoie de o perioad\u0103 prelungit\u0103 de dob\u00e2nzi ridicate pentru a o aduce sub control, \u00een parte din cauza unei pie\u0163e a muncii aflate sub presiune, au declarat cei doi strategi germani ai BCE, potrivit Reuters.<\/p>\n<p>\nBCE a majorat dob\u00e2nzile cu 4 puncte procentuale \u00een ultimul an \u015fi a promis o nou\u0103 majorare \u00een iulie, \u00een condi\u0163iile \u00een care b\u0103ncii i-ar putea lua p\u00e2n\u0103 \u00een 2025 s\u0103 readuc\u0103 cre\u015fterea pre\u0163urilor la 2%.<\/p>\n<p>\n\u201eInfla\u0163ia pentru mine este ca o bestie lacom\u0103 \u015fi chiar trebuie s\u0103 lupt\u0103m \u00eempotriva acestei bestii foarte lacome\u201c, a declarat \u015feful Bundesbank Joachim Nagel.<\/p>\n<p>\nCre\u015fterea pre\u0163urilor s-ar putea tempera rapid \u00een urm\u0103toarele luni \u015fi ar putea pune presiune pe BCE s\u0103 nu mai scumpeasc\u0103 creditul, \u00eens\u0103 declinul infla\u0163iei ar putea masca unele presiuni, deci nu \u00eenseamn\u0103 neap\u0103rat c\u0103 lupta \u00eempotriva infla\u0163iei s-a \u00eencheiat, a argumentat Nagel, ad\u0103ug\u00e2nd c\u0103 ar fi o gre\u015feal\u0103 major\u0103 ca banca s\u0103 renun\u0163e prea cur\u00e2nd la major\u0103ri.<\/p>\n<p>\nColegul francez al lui Nagel, Fran\u00e7ois Villeroy de Galhau, a adoptat o abordare mai nuan\u0163at\u0103, subliniind durata dob\u00e2nzilor ridicate \u00een fa\u0163a unor noi major\u0103ri de dob\u00e2nzi, care vor fi \u201elimitate\u201c \u00een orice caz.<\/p>\n<p>\n\u201eCe conteaz\u0103 acum este c\u00e2t de mult r\u0103m\u00e2nem la rata terminal\u0103 a dob\u00e2nzii, mai degra\u00adb\u0103 dec\u00e2t nivelul aces\u00adte\u00adia\u201c, a declarat Villeroy.<\/p>\n<p>\nIsabel Schnabel, un alt membru ger\u00adman al consiliului BCE, a subli\u00adniat la r\u00e2ndul s\u0103u riscul ca cre\u015fterea pre\u0163u\u00adrilor s\u0103 fie \u00een continuare persis\u00adtent\u0103, \u00een con\u00addi\u0163iile \u00een care exist\u0103 riscul ca cre\u015f\u00adterea salariilor s\u0103 alimenteze scum\u00adpirile, gener\u00e2nd o spiral\u0103 salarii-pre\u0163uri. Potrivit acesteia, scumpirile sunt alimentate acum de profiturile com\u00adpa\u00adniilor \u015fi salariile majorate, Schnabel avertiz\u00e2nd c\u0103 este \u00een continuare necesar\u0103 o monitorizare atent\u0103 pentru a putea men\u0163ine presiunile infla\u0163ioniste pe o traiectorie descendent\u0103.<\/p>\n<p>\nC\u00e2t prive\u015fte banca central\u0103 american\u0103, pre\u015fedintele acesteia Jay Powell \u015fi-a reiterat ap\u0103rarea ultimei decizii a b\u0103ncii de a pune pe pauz\u0103 \u00een\u0103sprirea politicii monetare, semnal\u00e2nd \u00eens\u0103 noi major\u0103ri de dob\u00e2nzi, \u00een condi\u0163iile \u00een care lupta \u00eempotriva infla\u0163iei nu s-a \u00eencheiat, noteaz\u0103 Financial Times.<\/p>\n<p>\nPowell a ar\u0103tat c\u0103 ultima decizie a b\u0103ncii a fost una \u00ecprudent\u0103\u00ee av\u00e2nd \u00een vedere c\u00e2t de departe \u015fi de rapid \u015fi-a urcat Fed-ul dob\u00e2nda din martie 2022. \u00cen doar pu\u0163in peste un an, aceasta a crescut de la aproape zero la un interval de 5-5,25%.<\/p>\n<p>\n\u015eeful Fed a justificat nevoia de noi major\u0103ri de dob\u00e2nzi spun\u00e2nd c\u0103 \u201epresiunile infla\u0163ioniste se men\u0163in ridicate, iar procesul de readucere a infla\u0163iei la 2% este unul de durat\u0103\u201c.<\/p>\n<p>\nStrategii Fed \u015fi-au redus recent a\u015ftept\u0103rile privitoare la c\u00e2t de rapid va decelera infla\u0163ia de baz\u0103 \u00een acest an.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Infla\u0163ia din zona euro este persistent\u0103 \u015fi ar putea fi nevoie de o perioad\u0103 prelungit\u0103 de dob\u00e2nzi ridicate pentru a o aduce sub control, \u00een parte din cauza unei pie\u0163e a muncii aflate sub presiune, au declarat cei doi strategi germani ai BCE, potrivit Reuters.<\/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":[236,20170,8830,7458,187,184,34],"class_list":["post-217194","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-banca","tag-banca-centrala","tag-bce","tag-dobanda","tag-dobanzi","tag-inflatie","tag-salarii"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/217194","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=217194"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/217194\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=217194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=217194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=217194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}