{"id":225000,"date":"2024-03-14T20:12:37","date_gmt":"2024-03-14T20:12:37","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=225000"},"modified":"2024-03-14T20:12:37","modified_gmt":"2024-03-14T20:12:37","slug":"cum-percep-bancile-centrale-din-regiune-inflatia-si-incotro-se-indreapta-politicile-lor-monetare","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=225000","title":{"rendered":"Cum percep b\u0103ncile centrale din regiune infla\u0163ia \u015fi \u00eencotro se \u00eendreapt\u0103 politicile lor monetare"},"content":{"rendered":"<p>\n\u00cen timp ce banca central\u0103 din Polonia vede infla\u0163ia perpetuat\u0103 la un nivel ridicat de cre\u015fterea rapid\u0103 a salariilor \u015fi consumului, \u00een Cehia for\u0163ele care dau direc\u0163ia infla\u0163iei sunt considerate ca echilibrate. \u00cen Unga\u00adria, \u015feful b\u0103ncii na\u0163ionale spune c\u0103 guvernul \u00eempiedic\u0103 lupta \u00eempotriva cre\u015fterii pre\u0163urilor.<\/p>\n<p>\n\u00cen Polonia, scenariul \u00een privin\u0163a c\u0103ruia au avertizat mul\u0163i economi\u015fti se materializeaz\u0103: infla\u0163ia este perpe\u00adtuat\u0103 la un nivel ridicat de cre\u015fterea rapid\u0103 a salariilor \u015fi consumului, scrie Warsaw Voice.<\/p>\n<p>\n\u00cen lunile urm\u0103toare, infla\u0163ia se va apropia de \u0163inta de 2,5% a b\u0103ncii cen\u00adtrale. Pe termen mai lung, \u00eens\u0103, aceasta se va men\u0163ine mai ridicat\u0103, indiferent ce va decide guvernul cu privire la scuturile antiinfla\u0163ie, suge\u00adreaz\u0103 noi proiec\u0163ii ale economi\u015ftilor b\u0103ncii centrale. Acesta este ra\u0163iona\u00admentul din spatele ultimelor decizii ale consiliului monetar al b\u0103ncii de men\u0163inere a dob\u00e2nzilor neschimbate. Acesta dovede\u015fte \u00een acela\u015fi timp c\u0103 reducerile agresive din septembrie \u015fi octombrie anul trecut nu au fost justificate.<\/p>\n<p>\n\u201eSuntem probabil la \u0163int\u0103 \u00een privin\u0163a infla\u0163iei. Infla\u0163ia ridicat\u0103 provocat\u0103 de panemie \u015fi r\u0103zboi a fost adus\u0103 la \u0163int\u0103\u201c, a declarat guverna\u00adtorul b\u0103ncii centrale poloneze Adam Glapinski recent. Acesta a subliniat c\u0103 infla\u0163ia va accelera \u00een urm\u0103toarele trimestre ca urmare a unor decizii guvernamentale, dar c\u0103 banca cen\u00adtra\u00adl\u0103 \u015fi-a \u00eendeplinit deja sarcina.<\/p>\n<p>\nAcesta i-a criticat \u00een acela\u015fi timp pe acei economi\u015fti care nu au crezut c\u0103 banca va reu\u015fi s\u0103 aduc\u0103 infla\u0163ia sub control. Totu\u015fi, aceste evalu\u0103ri opti\u00admiste nu sunt sus\u0163inute de proiec\u0163iile departamentului de analiz\u0103 \u015fi cerce\u00adtare economic\u0103 al b\u0103ncii. Acestea sugereaz\u0103 c\u0103 infla\u0163ia nu a fost adus\u0103 sub control, iar aceasta este exact par\u00adtea care poate fi influen\u0163at\u0103 de politica monetar\u0103. Deciziile guvernu\u00adlui vor afecta infla\u0163ia pe termen scurt, dar pe termen mediu acestea nu vor fi sursa presiunilor infla\u0163ioniste.<\/p>\n<p>\n\u00cen Cehia, Jan Kubicek, strateg al b\u0103ncii centrale a \u0163\u0103rii, sus\u0163ine c\u0103 for\u0163ele care dau direc\u0163ia infla\u0163iei sunt echilibrate, iar coroana s-a stabilizat, noteaz\u0103 Reuters.<\/p>\n<p>\nPrin urmare, banca poate reduce dob\u00e2nzile cu 50 de puncte baz\u0103 din nou \u00een aceast\u0103 lun\u0103.<\/p>\n<p>\nCu infla\u0163ia sc\u0103z\u00e2nd puternic, la 2% \u00een februarie, riscurile infla\u0163ioniste s-au diminuat, a subliniat Kubicek. For\u0163ele care ar putea alimenta infla\u0163ia sunt un curs de schimb mai slab \u015fi o accelere a pre\u0163urilor serviciilor, a indicat acesta.<\/p>\n<p>\n\u201eDezbatem \u00een prezent vigoarea reducerilor de dob\u00e2nzi, dac\u0103 s\u0103 alegem traiectoria unui declin mai rapid \u015fi s\u0103 r\u0103m\u00e2nem undeva aproape de nivelul de echilibru, sau dac\u0103 s\u0103 ajungem la acest nivel gradual\u201c, a declarat Kubicek, indic\u00e2nd o preferin\u0163\u0103 pentru a doua variant\u0103.<\/p>\n<p>\n\u00cen cazul Ungariei, banca central\u0103 a \u0163\u0103rii \u015fi-a repetat avertismentul c\u0103 ac\u0163iunile guvernului de restr\u00e2ngere a independen\u0163ei sale ar putea limita spa\u0163iul de manevr\u0103 al politicii monetare \u00een condi\u0163iile \u00een care premierul Viktor Orban a decis s\u0103 \u00eent\u0103reasc\u0103 supervizarea opera\u0163iunilor b\u0103ncii, potrivit Reuters.<\/p>\n<p>\nBianka Horvath, fost strateg al b\u0103ncii \u00een prezent consilier al guvernatorului b\u0103ncii centrale Gyorgy Matolcsy, a subliniat c\u0103 guvernul submineaz\u0103 independen\u0163a b\u0103ncii centrale at\u00e2t prin m\u0103surile sale de comunicare, c\u00e2t \u015fi prin cele de politic\u0103 economic\u0103, acestea \u00eempiedic\u00e2nd pe termen scurt lupta \u00eempotriva infla\u0163iei \u015fi pe termen lung cre\u015fterea economic\u0103 a \u0163\u0103rii, relateaz\u0103 Portfolio.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00cen timp ce banca central\u0103 din Polonia vede infla\u0163ia perpetuat\u0103 la un nivel ridicat de cre\u015fterea rapid\u0103 a salariilor \u015fi consumului, \u00een Cehia for\u0163ele care dau direc\u0163ia infla\u0163iei sunt considerate ca echilibrate. \u00cen Unga\u00adria, \u015feful b\u0103ncii na\u0163ionale spune c\u0103 guvernul \u00eempiedic\u0103 lupta \u00eempotriva cre\u015fterii pre\u0163urilor.<\/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":[20170,7267,187,184,8790],"class_list":["post-225000","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-banca-centrala","tag-banci","tag-dobanzi","tag-inflatie","tag-politica-monetara"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/225000","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=225000"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/225000\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=225000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=225000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=225000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}