{"id":364,"date":"2023-01-19T16:20:20","date_gmt":"2023-01-19T16:20:20","guid":{"rendered":"https:\/\/fundamental.ro\/?p=364"},"modified":"2023-02-25T15:12:57","modified_gmt":"2023-02-25T15:12:57","slug":"bce-va-continua-cresterea-dobanzilor","status":"publish","type":"post","link":"https:\/\/fundamental.ro\/index.php\/2023\/01\/19\/bce-va-continua-cresterea-dobanzilor\/","title":{"rendered":"BCE va continua cresterea dobanzilor"},"content":{"rendered":"\n\n\n<p class=\"has-vivid-red-color has-text-color wp-block-paragraph\"><strong>Stire<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Minutele intalnirii de politica monetara a Bancii Centrale Europene din decembrie si declaratiile de la Davos ale lui Christine Lagarde publicate azi arata intentia BCE de a continua hotarat cresterea dobanzilor.<\/p>\n\n\n\n<p class=\"has-vivid-red-color has-text-color wp-block-paragraph\"><strong>Interpretare<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Care sunt mesajele principale?<\/strong>&nbsp;Dobanzile trebuie sa creasca semnificativ intr-un ritm sustinut si constant pentru a aduce inflatia inapoi la tinta de 2%. Minutele mentioneaza pasul de crestere de 0.5% ca fiind potrivit, date fiind incertitudinile economice si evolutia preturilor de baza. ECB considera prea optimiste asteptarile pietei privind iminenta schimbare de directie a bancilor centrale privind dobanzile si scaderea acestora in curand. Este remarcata rezistenta la socuri peste asteptari a economiei europene, iar scenariul de baza al BCE in decembrie era cel al unei recesiuni scurte si superficiale in ultimul trimestru din 2022 si primul trimestru din 2023.<\/li>\n\n\n\n<li><strong>Care sunt implicatiile?<\/strong>&nbsp;Pozitiv pentru EUR in raport cu USD, negativ pentru unele titluri de stat din zona euro. Asteptarile pietei acum par a fi de cel putin inca doua cresteri de dobanda de 0.5% in sedintele din februarie si, respectiv, martie. Asteptarile privind momentul in care BCE va incepe sa reduca dobanzile sunt amanate pentru 2024 sau mai tarziu.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-vivid-red-color has-text-color wp-block-paragraph\"><strong>Links<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.ecb.europa.eu\/press\/accounts\/2023\/html\/ecb.mg230119~e522ad4e37.en.html\">Account of the monetary policy meeting of the Governing Council of the European Central Bank 14-15 Dec 2022 &#8211; ECB<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-01-19\/lagarde-says-inflation-way-too-high-ecb-will-stay-the-course?srnd=premium-europe\">Lagarde Says Inflation Way Too High, ECB to Stay the Course &#8211; Bloomberg<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.zf.ro\/banci-si-asigurari\/davos-2023-intalnirea-celor-influenti-lideri-lume-christine-lagarde-21520017\">Christine Lagarde, declaratii la Davos &#8211; ZF<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/ECB minutes show that the job is far from done\">ECB minutes show that the job is far from done &#8211; ING<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>Asteptari crescute de dobanzi mai mari la EUR. Pozitiv pentru EUR in raport cu USD, negativ pentru unele titluri de stat din zona euro.<\/p>\n<\/div>","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,11],"tags":[],"class_list":["post-364","post","type-post","status-publish","format-standard","hentry","category-curs-de-schimb","category-dobanzi"],"_links":{"self":[{"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/posts\/364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/comments?post=364"}],"version-history":[{"count":3,"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/posts\/364\/revisions"}],"predecessor-version":[{"id":1310,"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/posts\/364\/revisions\/1310"}],"wp:attachment":[{"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/media?parent=364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/categories?post=364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/tags?post=364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}