\nBanca central\u0103 a Poloniei \u015fi-a re\u00addus dob\u00e2nda de referin\u0163\u0103 cu 0,75%, peste a\u015ftept\u0103ri, \u00een \u00eencercarea de a impulsiona economia \u0163\u0103rii \u015fi \u00een fa\u0163a nemul\u0163umirii electoratului privind traiul mai scump dat de scumpirea cre\u00additului.<\/p>\n
\nBanca central\u0103 a Poloniei \u015fi-a re\u00addus dob\u00e2nda de referin\u0163\u0103 cu 0,75%, peste a\u015ftept\u0103ri, \u00een \u00eencercarea de a impulsiona economia \u0163\u0103rii \u015fi \u00een fa\u0163a nemul\u0163umirii electoratului privind traiul mai scump dat de scumpirea cre\u00additului. Decizia a luat prin sur\u00adprin\u00addere anali\u015ftii, ace\u015ftia av\u00e2nd p\u0103\u00adreri \u00eemp\u0103r\u0163ite cu privire la viitoarele mi\u015fc\u0103ri ale b\u0103ncii. De asemenea, unii avertizeaz\u0103 c\u0103 str\u00e2nsoarea infla\u0163iei nu va sl\u0103bi la fel de repede pe c\u00e2t se a\u015fteapt\u0103 oficialii b\u0103ncii.<\/p>\n
\nBanca a redus dob\u00e2nda la 6% de la 6,75%, \u00een timp ce anali\u015ftii anticipa\u00adser\u0103 o t\u0103iere de cel mult 0,25%. Infla\u00ad\u0163ia polonez\u0103 este \u00een continuare alc\u0103\u00adtuit\u0103 din dou\u0103 cifre, situ\u00e2ndu-se cu mult peste media UE.<\/p>\n
\n\u00cenaintea reducerii, unii econo\u00admi\u015fti avertizaser\u0103 c\u0103 banca, sub conducerea pre\u015fedintelui Adam Glapinski, este excesiv influen\u0163at\u0103 de politic\u0103 \u015fi de obiectivele partidului de guvern\u0103m\u00e2nt Lege \u015fi Justi\u0163ie (PiS), care \u00eencearc\u0103 s\u0103 ob\u0163in\u0103 un al treilea mandat luna viitoare.<\/p>\n
\nO reducere at\u00e2t de ampl\u0103 a do\u00adb\u00e2n\u00adzilor este cu at\u00e2t mai surprinz\u0103\u00adtoa\u00adre cu c\u00e2t \u00een iulie Glapinski decla\u00adrase c\u0103 orice relaxare a politicii mo\u00adnetare este condi\u0163ionat\u0103 de sc\u0103derea infla\u0163iei sub 10% anual, iar \u00een august aceast\u0103 condi\u0163ie nu a fost \u00eentrunit\u0103, infla\u0163ia situ\u00e2ndu-se la 10,1%, noteaz\u0103 Warsaw Voice.<\/p>\n
\nPotrivit Notes from Poland, con\u00adsiliul de politic\u0103 monetar\u0103 al b\u0103ncii a declarat c\u0103 reducerea vine pe fondul unor estim\u0103ri optimiste privind infla\u00ad\u0163ia datorate unei cereri limitate. Con\u00adsiliul a pus pe pauz\u0103 major\u0103rile de dob\u00e2nzi dup\u0103 ce a urcat dob\u00e2nda de referin\u0163\u0103 la 6,75% \u00een septembrie 2022, adopt\u00e2nd luni la r\u00e2nd o abor\u00addare de expectativ\u0103 \u00eenainte de a pune oficial cap\u0103t ciclului de scumpire a creditului \u00een iulie.<\/p>\n
\nUn expert al think tankului PIE a catalogat mi\u015fcarea b\u0103ncii drept \u201esur\u00adprinz\u0103toare\u201c, ad\u0103ug\u00e2nd c\u0103 p\u00e2n\u0103 la finalul anului viitor dob\u00e2nzile vor cobor\u00ee la aproximativ 5,25%.<\/p>\n
\nJakub Rybacki se a\u015fteapt\u0103 ca aceasta s\u0103 fie ultima astfel de decizie pe acest an.<\/p>\n
\nBloomberg scrie c\u0103 decizia cap\u0103\u00adt\u0103 o dimensiune politic\u0103 fiind at\u00e2t de apropiat\u0103 de alegerile din 15 octom\u00adbrie, iar investitorii nu sunt siguri care va fi urm\u0103toarea mi\u015fcare, unii anticip\u00e2nd c\u0103 ciclul de relaxare s-a sf\u00e2r\u015fit imediat ce a \u00eenceput.<\/p>\n
\nEconomi\u015ftii Bank Millennium arat\u0103 c\u0103 reducerea va \u00eengreuna lupta cu infla\u0163ia, \u00een parte din cauza sl\u0103birii zlotului. Moneda polonez\u0103 a pierdut 1,7%, ating\u00e2nd 4,5710 \u00een raport cu euro \u00een urma deciziei, cel mai slab nivel din mai.<\/p>\n
\nEconomi\u015ftii Bank Pekao anticipeaz\u0103 o reducere de un sfert de punct \u00een octombrie, dar \u00ee\u015fi men\u0163in \u0163inta pentru sf\u00e2r\u015fit de an la 5,75%. \u00centre timp, anali\u015ftii Erste Bank \u015fi Bank Millennium nu se a\u015fteapt\u0103 la noi reduceri \u00een acest an.<\/p>\n
\nRafal Benecki, economist ING, arat\u0103 c\u0103 banca central\u0103 nu a men\u0163ionat \u00een declara\u0163ia sa tendin\u0163ele pro-infla\u0163ioniste, incluz\u00e2nd expansiunea fiscal\u0103, infla\u0163ia de baz\u0103 ridicat\u0103 \u015fi \u00eencrederea slab\u0103 a consumatorilor.<\/p>\n
\n\u201ePe termen scurt, infla\u0163ia general\u0103 ar trebui s\u0103 scad\u0103 \u00een continuare, dar perspectivele pe termen mediu sunt mai nesigure. O sc\u0103dere \u00een continuare a infla\u0163iei c\u0103tre \u0163inta b\u0103ncii pe termen mediu nu este sigur\u0103. Pia\u0163a muncii r\u0103m\u00e2ne sub presiune, iar politica fiscal\u0103 r\u0103m\u00e2ne expansionist\u0103. \u00cen acest context, consider\u0103m decizia b\u0103ncii drept riscant\u0103 din punct de Vedere al restaur\u0103rii stabilit\u0103\u0163ii pre\u0163urilor pe termen mediu\u201c, scriu anali\u015ftii ING.<\/p>\n
\nAten\u0163ia pie\u0163elor se va \u00eendrepta acum c\u0103tre banca central\u0103 a Cehiei, care nu a \u00eenceput \u00eenc\u0103 s\u0103-\u015fi reduc\u0103 dob\u00e2nzile, dar a declarat luna trecut\u0103 c\u0103 dezbaterile privind astfel de reduceri ar putea \u00eencepe \u00een toamn\u0103 cel mai devreme, conform Reuters.<\/p>\n
\nSalariile din Cehia se situeaz\u0103 sub estim\u0103rile b\u0103ncii centrale, temper\u00e2nd probabil temerile privind infla\u0163ia determinat\u0103 de cre\u015fterea acestora \u015fi \u00eent\u0103rind argumentele pentru reduceri de dob\u00e2nzi \u00een acest an, scrie Bloomberg.<\/p>\n","protected":false},"excerpt":{"rendered":"
Banca central\u0103 a Poloniei \u015fi-a re\u00addus dob\u00e2nda de referin\u0163\u0103 cu 0,75%, peste a\u015ftept\u0103ri, \u00een \u00eencercarea de a impulsiona economia \u0163\u0103rii \u015fi \u00een fa\u0163a nemul\u0163umirii electoratului privind traiul mai scump dat de scumpirea cre\u00additului. Banca central\u0103 a Poloniei \u015fi-a re\u00addus dob\u00e2nda de referin\u0163\u0103 cu 0,75%, peste a\u015ftept\u0103ri, \u00een \u00eencercarea de a impulsiona economia \u0163\u0103rii \u015fi \u00een […]<\/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":[20108,7684,55596,1204,55595],"class_list":["post-219375","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-alegatori","tag-alegeri","tag-banca-centrala-a-poloniei","tag-inflatia","tag-ratele-uriase-la-banca"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/219375","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=219375"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/219375\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=219375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=219375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=219375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}