{"id":238917,"date":"2025-07-30T16:58:41","date_gmt":"2025-07-30T16:58:41","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=238917"},"modified":"2025-07-30T16:58:41","modified_gmt":"2025-07-30T16:58:41","slug":"fed-ar-putea-tine-dobanda-cheie-neschimbata-in-ciuda-presiunilor-agresive-ale-lui-trump-pentru-taieri-drastice","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=238917","title":{"rendered":"Fed ar putea \u0163ine dob\u00e2nda-cheie neschimbat\u0103, \u00een ciuda presiunilor agresive ale lui Trump pentru t\u0103ieri drastice"},"content":{"rendered":"<p>\nRezerva Federal\u0103 a SUA este a\u015fteptat\u0103 s\u0103 men\u0163in\u0103 neschimbat\u0103 rata dob\u00e2nzii de politic\u0103 monetar\u0103 la nivelul de 4,25%-4,50%, ignor\u00e2nd din nou apelurile insistente ale fostului pre\u015fedinte Donald Trump pentru reduceri masive de dob\u00e2nd\u0103, de p\u00e2n\u0103 la 1%.<\/p>\n<p>\nPresiunile au atins un nou nivel s\u0103pt\u0103m\u00e2na trecut\u0103, c\u00e2nd Trump a f\u0103cut o vizit\u0103 la sediul Fed din Washington, solicit\u00e2nd explicit m\u0103suri de relaxare monetar\u0103.<\/p>\n<p>\nCererea pentru o sc\u0103dere abrupt\u0103 a dob\u00e2nzilor nu este sus\u0163inut\u0103 de datele economice recente. \u00cen ultimele \u015fase s\u0103pt\u0103m\u00e2ni, economia american\u0103 a urmat o traiectorie stabil\u0103, f\u0103r\u0103 semne clare de recesiune care s\u0103 justifice un astfel de stimul monetar. Potrivit economi\u015ftilor, o astfel de reducere ar risca s\u0103 accelereze infla\u0163ia \u00eentr-un moment \u00een care aceasta este deja peste \u0163intele Fed.<\/p>\n<p>\n\u00cen interiorul Comitetului Federal pentru Pia\u0163a Deschis\u0103 (FOMC), doar o minoritate, reprezentat\u0103 de guvernatorii Christopher Waller \u015fi Michelle Bowman, ambii numi\u0163i de Trump, sus\u0163in ideea unei reduceri chiar \u015fi de 0,25 puncte procentuale la aceast\u0103 reuniune. Dac\u0103 Fed va men\u0163ine dob\u00e2nda, cum se preconizeaz\u0103, cei doi ar putea formula opinii divergente. O astfel de divergen\u0163\u0103 este foarte rar \u00eent\u0103linit\u0103, ultima av\u00e2nd loc \u00een anul 1993.<\/p>\n<p>\nInvestitorii vor urm\u0103ri cu aten\u0163ie nu doar decizia \u00een sine, ci mai ales limbajul comunicat \u00een declara\u0163ia oficial\u0103 \u015fi indiciile oferite de pre\u015fedintele Jerome Powell \u00een conferin\u0163a de pres\u0103 de la ora 21:30 (ora Rom\u00e2niei). Pie\u0163ele pariaz\u0103 totu\u015fi pe o eventual\u0103 reducere de dob\u00e2nd\u0103 \u00een septembrie, \u00een linie cu estim\u0103rile Fed din iunie, care sugerau dou\u0103 t\u0103ieri de c\u00e2te 25 de puncte de baz\u0103 p\u00e2n\u0103 la finalul anului.<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rezerva Federal\u0103 a SUA este a\u015fteptat\u0103 s\u0103 men\u0163in\u0103 neschimbat\u0103 rata dob\u00e2nzii de politic\u0103 monetar\u0103 la nivelul de 4,25%-4,50%, ignor\u00e2nd din nou apelurile insistente ale fostului pre\u015fedinte Donald Trump pentru reduceri masive de dob\u00e2nd\u0103, de p\u00e2n\u0103 la 1%. Presiunile au atins un nou nivel s\u0103pt\u0103m\u00e2na trecut\u0103, c\u00e2nd Trump a f\u0103cut o vizit\u0103 la sediul Fed din [&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":[7458,9805,23264],"class_list":["post-238917","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-dobanda","tag-dobanda-cheie","tag-presiuni"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/238917","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=238917"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/238917\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=238917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=238917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=238917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}