{"id":25352,"date":"2022-06-15T13:09:00","date_gmt":"2022-06-15T10:09:00","guid":{"rendered":"https:\/\/economic.karpat.in.ua\/?p=25352"},"modified":"2022-06-15T12:49:00","modified_gmt":"2022-06-15T09:49:00","slug":"rendkivuli-ulest-hivtak-ossze-az-europai-kozponti-banknal","status":"publish","type":"post","link":"https:\/\/economic.karpat.in.ua\/?p=25352&lang=hu","title":{"rendered":"Rendk\u00edv\u00fcli \u00fcl\u00e9st h\u00edvtak \u00f6ssze az Eur\u00f3pai K\u00f6zponti Bankn\u00e1l"},"content":{"rendered":"\n

V\u00e1ratlanul rendk\u00edv\u00fcli \u00fcl\u00e9st tart az Eur\u00f3pai K\u00f6zponti Bank (EKB) szerd\u00e1n \u2013 \u00edrta a Reuters<\/a>.<\/strong><\/p>\n\n\n\n

Az EKB sz\u00f3viv\u0151je annyit mondott el, hogy \u201ea jelenlegi piaci helyzet megbesz\u00e9l\u00e9se\u201d lesz a t\u00e9ma. Az elemz\u0151k is csak tal\u00e1lgatni tudnak, hogy pontosan mi fog t\u00f6rt\u00e9nni, az sem vil\u00e1gos egyel\u0151re, hogy tesz-e majd az EKB nyilatkozatot az \u00fcl\u00e9s ut\u00e1n.<\/p>\n\n\n

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\"\"<\/figure>\n<\/div>\n\n\n

Az EKB ugyanaznap \u00fcl \u00f6ssze, amikor az amerikai Fed a kamatokr\u00f3l d\u00f6nthet. A piaci v\u00e1rakoz\u00e1s az, hogy az eddigi 50 helyett 75 b\u00e1zispontos kamatemel\u00e9st tervez a Fed \u2013 ottani id\u0151 szerint a d\u00e9lut\u00e1n, n\u00e1lunk m\u00e1r este lesz, amikor bejelentik a d\u00f6nt\u00e9st \u2013, \u00e9s m\u00e1r ennek a be\u00e1raz\u00e1sa el\u00e9g volt arra, hogy az eur\u00f3 jelent\u0151sen gyeng\u00fclj\u00f6n a doll\u00e1rral szemben.<\/p>\n\n\n\n

Mit\u0151l tartanak az EKB-n\u00e1l? Att\u00f3l, hogy az eur\u00f3z\u00f3na \u00e1llamk\u00f6tv\u00e9nyhozamai darabokra szaggatj\u00e1k az egys\u00e9get: a n\u00e9met \u00e9s az olasz k\u00f6tv\u00e9nyek k\u00f6z\u00f6tti k\u00fcl\u00f6nbs\u00e9g 2020 eleje \u00f3ta nem volt ilyen nagy. A t\u00edz\u00e9ves olasz \u00e1llamk\u00f6tv\u00e9ny kamata \u00e1tl\u00e9pte a 4%-os l\u00e9lektani hat\u00e1rt. Ez az\u00e9rt jelenthet komoly gondot, mert az Eur\u00f3pai K\u00f6zponti Bank mindm\u00e1ig ad\u00f3s azzal a programmal, amely megnyugtatn\u00e1 a piacokat: van elk\u00e9pzel\u00e9s\u00fck arra, hogy mik\u00e9pp kezelj\u00e9k a rendk\u00edv\u00fcli m\u00e9rt\u00e9kben elad\u00f3sodott tag\u00e1llamok probl\u00e9m\u00e1it.<\/p>\n\n\n\n

Az EKB rendk\u00edv\u00fcli tan\u00e1cskoz\u00e1s\u00e1nak h\u00edr\u00e9re lefel\u00e9 mentek az \u00e1llamk\u00f6tv\u00e9nyek hozamai \u00e9s az eur\u00f3 poz\u00edci\u00f3ja er\u0151s\u00f6d\u00f6tt a doll\u00e1rral szemben.<\/p>\n\n\n\n

2012-ben Mario Draghi, az EKB akkori eln\u00f6ke kijelentette: \u201eminden sz\u00fcks\u00e9ges l\u00e9p\u00e9st megtesz\u00fcnk az eur\u00f3 v\u00e9delme \u00e9rdek\u00e9ben.\u201d A koronav\u00edrus-v\u00e1ls\u00e1g idej\u00e9n az Eur\u00f3pai K\u00f6zponti Bank ugyanilyen elt\u00f6k\u00e9lts\u00e9g\u00e9t mutatott. A p\u00e9nz\u00fcgyi fragment\u00e1l\u00f3d\u00e1s komoly kock\u00e1zatot jelent az eur\u00f3z\u00f3n\u00e1ban, ahol az eur\u00f3 egys\u00e9ges fizet\u0151eszk\u00f6z, de a tag\u00e1llamok k\u00f6lts\u00e9gvet\u00e9si kapacit\u00e1sa nagyon is k\u00fcl\u00f6nb\u00f6z\u0151.<\/p>\n\n\n\n

\u201eA rendk\u00edv\u00fcli helyzetre reag\u00e1lni fogunk, ha kell, akkor \u00faj eszk\u00f6z\u00f6kkel. Ezek az eszk\u00f6z\u00f6k, amelyek felt\u00e9tel rendszer\u00fcket \u00e9s id\u0151tartamukat tekintve k\u00fcl\u00f6nb\u00f6z\u0151ek lehetnek, a hat\u00e1sk\u00f6r\u00fcnkben vannak. Nem lehet k\u00e9ts\u00e9g afel\u0151l, hogy amennyiben sz\u00fcks\u00e9ges akkor \u00faj eszk\u00f6z\u00f6ket tal\u00e1lunk, hogy biztos\u00edtsuk a p\u00e9nz\u00fcgyi politika hat\u00e9konys\u00e1g\u00e1t, \u00e9s teljes\u00edts\u00fck legf\u0151bb c\u00e9lkit\u0171z\u00e9s\u00fcnket, az \u00e1rstabilit\u00e1s meg\u0151rz\u00e9s\u00e9t\u201d \u2013 jelentette ki Isabel Schnabel, az EKB igazgat\u00f3 tan\u00e1cs\u00e1nak tagja.<\/p>\n\n\n\n

(hvg.hu)<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

V\u00e1ratlanul rendk\u00edv\u00fcli \u00fcl\u00e9st tart az Eur\u00f3pai K\u00f6zponti Bank (EKB) szerd\u00e1n \u2013 \u00edrta a Reuters. <\/p>\n","protected":false},"author":12,"featured_media":25353,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,1593,41,17,39],"tags":[22653,57089,57088],"class_list":["post-25352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-a-nap-hirei","category-actual-hu","category-cikkek","category-surgos","category-vilag","tag-europai-kozponti-bank-ekb","tag-piaci-helyzet","tag-rendkivuli-ules"],"_links":{"self":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts\/25352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25352"}],"version-history":[{"count":1,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts\/25352\/revisions"}],"predecessor-version":[{"id":25354,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts\/25352\/revisions\/25354"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/media\/25353"}],"wp:attachment":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}