{"id":38228,"date":"2023-05-18T22:00:00","date_gmt":"2023-05-18T19:00:00","guid":{"rendered":"https:\/\/economic.karpat.in.ua\/?p=38228"},"modified":"2023-05-18T20:30:18","modified_gmt":"2023-05-18T17:30:18","slug":"az-imf-szerint-tul-optimistak-a-piacok","status":"publish","type":"post","link":"https:\/\/economic.karpat.in.ua\/?p=38228&lang=hu","title":{"rendered":"Az IMF szerint t\u00fal optimist\u00e1k a piacok"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Gita Gopinath, a Nemzetk\u00f6zi Valutaalap (IMF) igazgat\u00f3helyettese szerint jelent\u0151s infl\u00e1ci\u00f3s kock\u00e1zatok vannak m\u00e9g h\u00e1tra, a t\u00fal korai monet\u00e1ris laz\u00edt\u00e1s k\u00f6nnyen vissza\u00fcthet. A k\u00f6zgazd\u00e1sz \u00fagy l\u00e1tja, a piacok is t\u00falont\u00fal optimist\u00e1k az \u00e1remelked\u00e9s let\u00f6r\u00e9s\u00e9vel kapcsolatban.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;\u201eA biztat\u00f3 jelek ellen\u00e9re agg\u00f3dom, hogy az \u00e1remelked\u00e9si nyom\u00e1s sz\u00e1mos gazdas\u00e1gban m\u00e9g jelen van, jelent\u0151sek az infl\u00e1ci\u00f3s kock\u00e1zatok\u201d \u2013 jelentette ki a k\u00f6zgazd\u00e1sz a brazil jegybank \u00e1ltal rendezett konferenci\u00e1n. Gopinath a hetvenes \u00e9vek nagy infl\u00e1ci\u00f3s sokkj\u00e1ra eml\u00e9keztetett, amikor is t\u00fal kor\u00e1n hitt\u00e9k el a befektet\u0151k \u00e9s a jegybank\u00e1rok, hogy lesz\u00e1ll\u00f3 \u00e1gba ker\u00fclt a p\u00e9nzroml\u00e1s m\u00e9rt\u00e9ke.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"697\" src=\"https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2023\/05\/gopinath.jpg\" alt=\"\" class=\"wp-image-38229\" srcset=\"https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2023\/05\/gopinath.jpg 1024w, https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2023\/05\/gopinath-300x204.jpg 300w, https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2023\/05\/gopinath-768x523.jpg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Az IMF \u00e1ll\u00e1spontja szerint a fisk\u00e1lis fegyelemnek is t\u00e1mogatnia kell a jegybankok t\u00f6rekv\u00e9seit. A felt\u00f6rekv\u0151 piacokon az er\u0151s monet\u00e1ris politikai keretrendszer miatt siker\u00fclt fenntartani a gazdas\u00e1gi n\u00f6veked\u00e9st az elm\u00falt \u00e9vekben, cs\u00f6kkent a hitel- \u00e9s az \u00e1rfolyamkock\u00e1zat. Ezek az \u00e1llamok ugyanakkor a glob\u00e1lis kamatemel\u00e9si ciklus miatt \u201ejelent\u0151s, lefel\u00e9 mutat\u00f3 kock\u00e1zatokkal\u201d k\u00e9nytelenek szembes\u00fclni. Gopinath kifejtette, hogy sokkal kev\u00e9sb\u00e9 optimista a piacokn\u00e1l a felt\u00f6rekv\u0151 orsz\u00e1gok infl\u00e1ci\u00f3cs\u00f6kkent\u00e9s\u00e9vel kapcsolatban; a tapasztalatok azt mutatj\u00e1k, hogy ezekben az \u00e1llamokban gyakran a v\u00e1rtn\u00e1l magasabbra k\u00fasznak a r\u00e1t\u00e1k, r\u00e1ad\u00e1sul a magas infl\u00e1ci\u00f3hoz \u00e1ltal\u00e1ban nagy b\u00e9rn\u00f6veked\u00e9s is p\u00e1rosul.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"477\" src=\"https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2023\/05\/8ff194e40acd40f096272a3a39f90887-1024x477.jpg\" alt=\"\" class=\"wp-image-38230\" srcset=\"https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2023\/05\/8ff194e40acd40f096272a3a39f90887-1024x477.jpg 1024w, https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2023\/05\/8ff194e40acd40f096272a3a39f90887-300x140.jpg 300w, https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2023\/05\/8ff194e40acd40f096272a3a39f90887-768x358.jpg 768w, https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2023\/05\/8ff194e40acd40f096272a3a39f90887.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Az infl\u00e1ci\u00f3s nyom\u00e1st t\u00e1mogatja a pand\u00e9mia id\u0151szak\u00e1ban felhalmoz\u00f3dott elhalasztott kereslet, valamint a fogyaszt\u00f3i kos\u00e1rban a szolg\u00e1ltat\u00e1sok t\u00e9rnyer\u00e9se. A feszes munkaer\u0151piac \u00e9s az er\u0151s kereslet lehet\u0151v\u00e9 teszi, hogy a v\u00e1llalatok \u00e1th\u00e1r\u00edts\u00e1k a fogyaszt\u00f3kra emelked\u0151 k\u00f6lts\u00e9geiket, s a munkav\u00e1llal\u00f3k hat\u00e9konyabban harcoljanak a magasabb b\u00e9rek\u00e9rt \u2013 \u00edgy \u00e1r-b\u00e9r spir\u00e1l alakulhat ki. Min\u00e9l tov\u00e1bb marad magasan az infl\u00e1ci\u00f3, ann\u00e1l nehezebb let\u00f6rni, ann\u00e1l nagyobb a n\u00f6veked\u00e9si \u00e1ldozat.<\/p>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong><a href=\"https:\/\/www.vg.hu\/nemzetkozi-gazdasag\/2023\/05\/az-imf-szerint-tul-optimistak-a-piacok-jelentos-inflacios-kockazatok-vannak-meg?utm_source=hirstart&amp;utm_medium=referral&amp;utm_campaign=hiraggregator\" target=\"_blank\" rel=\"noreferrer noopener\">(vg.hu)<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gita Gopinath, a Nemzetk\u00f6zi Valutaalap (IMF) igazgat\u00f3helyettese szerint jelent\u0151s infl\u00e1ci\u00f3s kock\u00e1zatok vannak m\u00e9g h\u00e1tra, a t\u00fal korai monet\u00e1ris laz\u00edt\u00e1s k\u00f6nnyen vissza\u00fcthet. A k\u00f6zgazd\u00e1sz \u00fagy l\u00e1tja, a piacok is t\u00falont\u00fal optimist\u00e1k az \u00e1remelked\u00e9s let\u00f6r\u00e9s\u00e9vel kapcsolatban.<\/p>\n","protected":false},"author":12,"featured_media":38229,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41,23,11,39],"tags":[12607,642,33650],"class_list":["post-38228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cikkek","category-fotok","category-kiemelt-tema","category-vilag","tag-figyelmeztetes","tag-inflacio","tag-nemzetkozi-valutaalap-imf"],"_links":{"self":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts\/38228","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=38228"}],"version-history":[{"count":1,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts\/38228\/revisions"}],"predecessor-version":[{"id":38231,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts\/38228\/revisions\/38231"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/media\/38229"}],"wp:attachment":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}