\nEsen\u0163a pur speculativ\u0103 a av\u00e2ntului burselor s-a probat \u00eens\u0103 joi, c\u00e2nd comentariile a doi directori regionali ai Rezervei Federale conform c\u0103rora banca central\u0103 ar putea pune cap\u0103t \u00een aceast\u0103 var\u0103 programului de relaxare monetar\u0103 cantitativ\u0103 au oprit brusc ascensiunea indicilor bursieri.<\/p>\n
\nMotiva\u0163ia oficial\u0103 a \u00eencheierii programului ar fi aceea c\u0103 redresarea economiei \u00eenseamn\u0103 c\u0103 ini\u0163iativa Fed \u015fi-a atins scopul, \u00eens\u0103 cea neoficial\u0103 este c\u0103 oficialii Fed constat\u0103 c\u0103 mare parte din banii pompa\u0163i de ei \u00een pia\u0163\u0103 prin cump\u0103rarea de obliga\u0163iuni sf\u00e2r\u015fesc \u00een specula\u0163ii bursiere, nu \u00een economia american\u0103: cererile de ajutor de \u015fomaj au crescut din nou peste a\u015ftept\u0103ri \u00een luna mai, iar construc\u0163ia de locuin\u0163e noi a sc\u0103zut \u00een aprilie la cel mai redus nivel din noiembrie \u00eencoace.<\/p>\n
\nRezerva Federal\u0103 a anun\u0163at, \u00een septembrie 2012, va cump\u0103ra \u00een fiecare lun\u0103 titluri de valoare care au la baz\u0103 credite ipotecare, \u00een limita unei sume de 40 mld. dolari, la care se adaug\u0103 titluri de stat de 45 mld. dolari, \u00een continuarea programului Operation Twist, prin care Fed a alocat \u00eencep\u00e2nd din septembrie 2011 aproape 700 mld. dolari pentru cump\u0103rarea de titluri cu scaden\u0163e \u00eentre 6 \u015fi 30 de ani \u015fi a v\u00e2ndut titluri \u00een valoare echivalent\u0103 cu scaden\u0163e de 3 ani sau mai pu\u0163in.<\/p>\n
\nNoul program al Fed a r\u0103mas cunoscut sub denumirea de QE3 (quantitative easing – relaxare monetar\u0103 cantitativ\u0103), dup\u0103 QE1 (prin care Fed a cump\u0103rat titluri \u00een valoare de 1.700 mld. dolari, 2008-2010) \u015fi a QE2 (600 mld. dolari, 2010-2011). \u015eeful Fed, Ben Bernanke, a precizat atunci c\u0103 programul nu are limitare \u00een timp, urm\u00e2nd s\u0103 se \u00eencheie odat\u0103 cu redresarea economiei.<\/p>\n","protected":false},"excerpt":{"rendered":"
Indicii burselor americane au continuat s\u0103 bat\u0103 noi recorduri \u00een ultima s\u0103pt\u0103m\u00e2n\u0103: DJIA – 15.301 de puncte, nivel nemaiatins niciodat\u0103, S&P 500 – 1.661 de puncte, o cre\u015ftere cu aproape 15% de la \u00eenceputul anului, Nasdaq Composite – 3.471,62, nivel comparabil cu cel din noiembrie 2000.<\/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":[368,246,33913,188,9621,8193,24060,8884,7505,106],"class_list":["post-82279","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-burse","tag-crestere","tag-djia","tag-economie","tag-nasdaq","tag-piete-financiare","tag-qe3","tag-rezerva-federala","tag-sp","tag-sua"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/82279","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=82279"}],"version-history":[{"count":1,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/82279\/revisions"}],"predecessor-version":[{"id":95210,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/82279\/revisions\/95210"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}