{"id":30997,"date":"2022-10-27T19:38:00","date_gmt":"2022-10-27T16:38:00","guid":{"rendered":"https:\/\/economic.karpat.in.ua\/?p=30997"},"modified":"2022-10-27T18:28:54","modified_gmt":"2022-10-27T15:28:54","slug":"az-europai-kozponti-bank-ismet-75-bazisponttal-emelte-az-iranyado-kamatot","status":"publish","type":"post","link":"https:\/\/economic.karpat.in.ua\/?p=30997&lang=hu","title":{"rendered":"Az Eur\u00f3pai K\u00f6zponti Bank ism\u00e9t 75 b\u00e1zisponttal emelte az ir\u00e1nyad\u00f3 kamatot"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Az Eur\u00f3pai K\u00f6zponti Bank (EKB) Korm\u00e1nyz\u00f3tan\u00e1csa ism\u00e9t 75 b\u00e1zisponttal emelte az ir\u00e1nyad\u00f3 kamatot cs\u00fct\u00f6rt\u00f6ki kamatd\u00f6nt\u0151 \u00fcl\u00e9s\u00e9n. Az emel\u00e9s megfelelt az elemz\u0151i v\u00e1rakoz\u00e1soknak. Szeptemberben szint\u00e9n 75 b\u00e1zispontos emel\u00e9st hajtott v\u00e9gre az EKB.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2022\/10\/europai-kozponti-bank-1024x576.jpg\" alt=\"\" class=\"wp-image-30998\" srcset=\"https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2022\/10\/europai-kozponti-bank-1024x576.jpg 1024w, https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2022\/10\/europai-kozponti-bank-300x169.jpg 300w, https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2022\/10\/europai-kozponti-bank-768x432.jpg 768w, https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2022\/10\/europai-kozponti-bank-1536x864.jpg 1536w, https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2022\/10\/europai-kozponti-bank.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">A d\u00f6nt\u00e9s szerint 2,00 sz\u00e1zal\u00e9kra n\u0151tt az ir\u00e1nyad\u00f3 refinansz\u00edroz\u00e1si m\u0171veletek eddigi 1,25 sz\u00e1zal\u00e9kos kamatl\u00e1ba, valamint az akt\u00edv oldali \u00e9s a bet\u00e9ti rendelkez\u00e9sre \u00e1ll\u00e1s kamatl\u00e1bainak szintje 1,50 sz\u00e1zal\u00e9kr\u00f3l 2,25 sz\u00e1zal\u00e9kra, illetve 0,75 sz\u00e1zal\u00e9kr\u00f3l 1,50 sz\u00e1zal\u00e9kra emelkedett.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A jegybank k\u00f6zlem\u00e9nye szerint azzal, hogy mindh\u00e1rom ir\u00e1nyad\u00f3 kamat\u00e1t 75 b\u00e1zisponttal emelte, k\u00f6zelebb hozza azt a c\u00e9l, hogy az infl\u00e1ci\u00f3 visszat\u00e9rjen a 2 sz\u00e1zal\u00e9kos k\u00f6z\u00e9pt\u00e1v\u00fa szintre.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Az EKB j\u00faliusban, j\u00f3val a t\u00f6bbi k\u00f6zponti bank ut\u00e1n kezdte meg kamatemel\u00e9si ciklus\u00e1t, hogy let\u00f6rje az egyre gyorsul\u00f3 infl\u00e1ci\u00f3t.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A megemelkedett energia- \u00e9s \u00e9lelmiszer\u00e1rak, a sz\u0171k k\u00edn\u00e1lati keresztmetszetek \u00e9s a pand\u00e9mi\u00e1t k\u00f6vet\u0151 kereslet\u00e9l\u00e9nk\u00fcl\u00e9s az \u00e1roldali nyom\u00e1s kisz\u00e9lesed\u00e9s\u00e9hez \u00e9s az infl\u00e1ci\u00f3 megemelked\u00e9s\u00e9hez vezetett, amely szeptemberben 9,9 sz\u00e1zal\u00e9kra gyorsult, az el\u0151z\u0151 havi 9,1 sz\u00e1zal\u00e9kr\u00f3l \u2013 \u00e1llap\u00edtott\u00e1k meg.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Az energia\u00e1rak \u00e9ves szinten 40,7 sz\u00e1zal\u00e9kkal, az \u00e9lelmiszer\u00e1rak 11,8 sz\u00e1zal\u00e9kkal emelkedtek szeptemberben.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Az EKB v\u00e1rakoz\u00e1sa szerint az \u00e1rn\u00f6veked\u00e9s \u00fcteme huzamosan a jegybank k\u00f6z\u00e9pt\u00e1v\u00fa, 2 sz\u00e1zal\u00e9kos c\u00e9lja felett alakul majd.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201eA d\u00f6nt\u00e9shoz\u00f3k jelezt\u00e9k, hogy az EKB a j\u00f6v\u0151beli ir\u00e1nyad\u00f3 kamatp\u00e1ly\u00e1t az infl\u00e1ci\u00f3s \u00e9s gazdas\u00e1gi kil\u00e1t\u00e1sok alakul\u00e1s\u00e1ra alapozza, \u201caz \u00e9rtekezletr\u0151l \u00e9rtekezletre val\u00f3 megk\u00f6zel\u00edt\u00e9st k\u00f6vetve\u201d \u2013 \u00edrt\u00e1k, ami arra utalhat, hogy a k\u00f6vetkez\u0151 id\u0151szakban az infl\u00e1ci\u00f3 havi alakul\u00e1sa nagyobb hangs\u00falyt kap a kamatd\u00f6nt\u00e9sekben.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A cs\u00fct\u00f6rt\u00f6ki \u00fcl\u00e9s egyik fontos fejlem\u00e9nye, hogy a jegybank\u00e1rok m\u00f3dos\u00edtottak a c\u00e9lzott, hosszabb lej\u00e1rat\u00fa refinansz\u00edroz\u00e1si m\u0171veletek (TLTRO-III) \u00e1raz\u00e1s\u00e1n. A pand\u00e9mia id\u0151szak\u00e1ban az eur\u00f3pai bankrendszerbe pump\u00e1lt olcs\u00f3 jegybanki forr\u00e1sokat a bankok a magasabb kamatra visszahelyezt\u00e9k az EKB bet\u00e9tjeibe, ezzel a kamatkond\u00edci\u00f3k szigorod\u00e1s\u00e1val \u00e9s bet\u00e9ti kamatok emelked\u00e9s\u00e9vel nyeres\u00e9gre tettek szert.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201eA korm\u00e1nyz\u00f3tan\u00e1cs ez\u00e9rt d\u00f6nt\u00f6tt a TLTRO-III-ra alkalmazand\u00f3 kamatl\u00e1bak november 23-\u00e1val kezd\u0151d\u0151 m\u00f3dos\u00edt\u00e1s\u00e1r\u00f3l \u00e9s arr\u00f3l, hogy a bankoknak \u00fajabb id\u0151pontokat k\u00edn\u00e1ljon az \u00f6nk\u00e9ntes alap\u00fa korai visszafizet\u00e9sre\u201d \u2013 \u00e1ll a k\u00f6zlem\u00e9nyben. Ennek r\u00e9szleteir\u0151l azonban nem adtak b\u0151vebb t\u00e1j\u00e9koztat\u00e1st.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Az EKB eln\u00f6ke, Christine Lagarde a kamatd\u00f6nt\u00e9s ut\u00e1ni sajt\u00f3t\u00e1j\u00e9koztat\u00f3n meger\u0151s\u00edtette, hogy tov\u00e1bbi szigor\u00edt\u00e1s v\u00e1rhat\u00f3 a kamatkond\u00edci\u00f3kban, de ennek nagys\u00e1ga az infl\u00e1ci\u00f3s adatok havi alakul\u00e1s\u00e1t\u00f3l, valamint az eddig int\u00e9zked\u00e9sek hat\u00e1sainak eredm\u00e9ny\u00e9t\u0151l f\u00fcgg.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A kamatd\u00f6nt\u00e9s ut\u00e1n az eur\u00f3 t\u00f6bb mint 1 sz\u00e1zal\u00e9kot gyeng\u00fclt a doll\u00e1rral szemben, a jegyz\u00e9s a 1,0094-r\u0151l a 0,9975-\u00f6s szint al\u00e1 s\u00fcllyedt.<\/p>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\">(MTI\/<a href=\"https:\/\/hirado.hu\/kulfold\/kulgazdasag\/cikk\/2022\/10\/27\/az-ekb-ujra-75-bazisponttal-emelte-az-iranyado-eurokamatot\" target=\"_blank\" rel=\"noreferrer noopener\">hirado.hu<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Az Eur\u00f3pai K\u00f6zponti Bank (EKB) Korm\u00e1nyz\u00f3tan\u00e1csa ism\u00e9t 75 b\u00e1zisponttal emelte az ir\u00e1nyad\u00f3 kamatot cs\u00fct\u00f6rt\u00f6ki kamatd\u00f6nt\u0151 \u00fcl\u00e9s\u00e9n. Az emel\u00e9s megfelelt az elemz\u0151i v\u00e1rakoz\u00e1soknak. Szeptemberben szint\u00e9n 75 b\u00e1zispontos emel\u00e9st hajtott v\u00e9gre az EKB.<\/p>\n","protected":false},"author":5,"featured_media":30998,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41,49,39],"tags":[22653,12277],"class_list":["post-30997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cikkek","category-hirek","category-vilag","tag-europai-kozponti-bank-ekb","tag-kamatemeles"],"_links":{"self":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts\/30997","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\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30997"}],"version-history":[{"count":0,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts\/30997\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/media\/30998"}],"wp:attachment":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}