{"id":770,"date":"2024-10-13T20:16:48","date_gmt":"2024-10-13T20:16:48","guid":{"rendered":"https:\/\/europaskolos.lt\/index.php\/2024\/10\/13\/jav-skola-fed-palukanu-mazinimas-gali-nesumazinti-palukanu-sanaudu\/"},"modified":"2024-10-13T20:16:48","modified_gmt":"2024-10-13T20:16:48","slug":"jav-skola-fed-palukanu-mazinimas-gali-nesumazinti-palukanu-sanaudu","status":"publish","type":"post","link":"https:\/\/europaskolos.lt\/index.php\/2024\/10\/13\/jav-skola-fed-palukanu-mazinimas-gali-nesumazinti-palukanu-sanaudu\/","title":{"rendered":"JAV skola: Fed pal\u016bkan\u0173 ma\u017einimas gali nesuma\u017einti pal\u016bkan\u0173 s\u0105naud\u0173"},"content":{"rendered":"


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<\/p>\n

Buvo tikimasi, kad pra\u0117jus\u012f m\u0117nes\u012f Federalinio rezervo banko pal\u016bkan\u0173 norm\u0173 ma\u017einimas suma\u017eins obligacij\u0173 pajamingum\u0105 ir suma\u017eins spaudim\u0105 besiple\u010dian\u010diai JAV skol\u0173 na\u0161tai.<\/p>\n

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Pra\u0117jus\u012f m\u0117nes\u012f \u201eApollo Global Management\u201c vyriausiasis ekonomistas Torstenas Sl\u00f8kas pa\u017eym\u0117jo, kad dabar, kai JAV skola siekia 35,3 trilijonus USD, pal\u016bkan\u0173 i\u0161laidos vidutini\u0161kai siekia 3 mlrd. USD per dien\u0105. Tai daugiau nei 2 milijardai doleri\u0173 prie\u0161 ma\u017edaug dvejus metus, kai Fed prad\u0117jo savo pal\u016bkan\u0173 norm\u0173 k\u0117limo kampanij\u0105, siekdamas pa\u017eaboti infliacij\u0105. Tuo metu jis tik\u0117josi numatom\u0173 FED pal\u016bkan\u0173 ma\u017einimo.<\/p>\n

\u201eJei Fed suma\u017eins pal\u016bkan\u0173 normas 1 procentiniu punktu, o visa pajamingumo kreiv\u0117 suma\u017e\u0117s 1 procentiniu punktu, dienos pal\u016bkan\u0173 i\u0161laidos suma\u017e\u0117s nuo 3 milijard\u0173 doleri\u0173 per dien\u0105 iki 2,5 milijardo doleri\u0173 per dien\u0105\u201c, \u2013 apskai\u010diavo Sl\u00f8k.<\/p>\n

Kol kas taip nesiseka.<\/p>\n

\u017dinoma, i\u017edo pajamingumas smuko prie\u0161 pirm\u0105j\u012f pal\u016bkan\u0173 ma\u017einim\u0105, nes investuotojai ie\u0161kojo agresyvaus \u0161velninimo ciklo, kuris atitikt\u0173 jo agresyv\u0173 grie\u017etinimo cikl\u0105. <\/p>\n

Ta\u010diau pasibaigus Fed politikos pos\u0117d\u017eiui pajamingumas \u0161oktel\u0117jo, o kai kurie Volstryto prognozuotojai persp\u0117jo, kad centrinis bankas gali netgi sustabdyti tolesnius ma\u017einimus. <\/p>\n

Taip yra d\u0117l to, kad FED pareig\u016bnai ir ekonominiai duomenys suma\u017eino optimizm\u0105 d\u0117l daugelio suma\u017einim\u0173. Pirma, politikos formuotoj\u0173 taip vadinamos ta\u0161kin\u0117s pal\u016bkan\u0173 norm\u0173 prognoz\u0117s pakrypo \u012f \u0161iek tiek ma\u017eesn\u012f su\u0161velninim\u0105, nei tik\u0117josi rinka.<\/p>\n

Tada FED pirmininkas Jerome’as Powellas per spaudos konferencij\u0105 po pos\u0117d\u017eio sak\u0117, kad did\u017eiulis suma\u017einimas per pus\u0119 ta\u0161ko neb\u016btinai rodo b\u016bsim\u0173 ma\u017einimo temp\u0105. Pra\u0117jus savaitei po to, jis persp\u0117jo, kad FED pareig\u016bnai neskuba toliau ma\u017einti pal\u016bkan\u0173. <\/p>\n

Tada pra\u0117jusios savait\u0117s populiariausi\u0173 darbo viet\u0173 ataskaita atkreip\u0117 d\u0117mes\u012f \u012f vis dar tvirt\u0105 ekonomik\u0105, kuriai reikia daugyb\u0117s darbuotoj\u0173, kurie reikalauja didesnio atlyginimo. Galiausiai, naujausia vartotoj\u0173 kain\u0173 indekso ataskaita parod\u0117, kad infliacija v\u0117sta, bet yra \u0161iek tiek l\u0117tesn\u0117 nei tik\u0117tasi.<\/p>\n

D\u0117l to 10 met\u0173 i\u017edo pajamingumas \u0161oktel\u0117jo ma\u017edaug 50 bazini\u0173 punkt\u0173, palyginti su Fed susitikimu iki penktadienio ir dabar yra beveik 4,1%. 2 met\u0173 i\u017edas n\u0117ra daug geresnis, nes per t\u0105 laikotarp\u012f \u0161oktel\u0117jo ma\u017edaug 40 bazini\u0173 punkt\u0173 iki ma\u017edaug 3,95%.<\/p>\n

\u0160ie pajamingumas turi \u012ftakos I\u017edo departamento nauj\u0173 JAV skol\u0173 aukcionams, kuri\u0173 reikia norint padengti did\u017eiulius biud\u017eeto deficitus, kuriuos i\u0161 dalies taip pat lemia did\u0117jan\u010dios JAV skolos aptarnavimo i\u0161laidos.<\/p>\n

Rugs\u0117jo 30 d. pasibaigusiais federaliniais fiskaliniais metais biud\u017eeto deficitas buvo 1,8 trilijono USD, o JAV skolos pal\u016bkan\u0173 i\u0161laidos siek\u0117 950 mlrd. USD, ty 35 % daugiau nei anks\u010diau, daugiausia d\u0117l didesni\u0173 pal\u016bkan\u0173 norm\u0173.<\/p>\n

I\u017edo pajamingumas gali v\u0117l ma\u017e\u0117ti, ypa\u010d jei darbo rinka rodo reik\u0161mingo susilpn\u0117jimo po\u017eymius. Ta\u010diau net jei Fed pal\u016bkan\u0173 ma\u017einimas suma\u017eins pal\u016bkan\u0173 mok\u0117jim\u0173 na\u0161t\u0105, tikimasi, kad kitas prezidentas padidins biud\u017eeto deficit\u0105, padidins bendr\u0105 skolos kr\u016bv\u0105 ir kompensuos dal\u012f ma\u017eesni\u0173 pal\u016bkan\u0173 norm\u0173 prana\u0161um\u0173.<\/p>\n

Ties\u0105 sakant, neseniai atlikta Penn Wharton biud\u017eeto modelio analiz\u0117 parod\u0117, kad deficitas padid\u0117s valdant Donaldui Trumpui arba Kamalai Harris. Pagal D. Trumpo mokes\u010di\u0173 ir i\u0161laid\u0173 pasi\u016blymus, pirminis deficitas per ateinan\u010dius 10 met\u0173 \u012fprastu pagrindu padid\u0117t\u0173 5,8 trilijono USD, o dinami\u0161kai \u2013 4,1 trilijono USD, \u012fskaitant ekonomin\u012f fiskalin\u0117s politikos poveik\u012f.<\/p>\n

Valdant Harriso administracijai, pirminis deficitas per ateinan\u010dius 10 met\u0173 padid\u0117t\u0173 1,2 trilijon\u0173 USD \u012fprastu pagrindu ir 2 trilijonais USD dinami\u0161kai.<\/p>\n<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Buvo tikimasi, kad pra\u0117jus\u012f m\u0117nes\u012f Federalinio rezervo banko pal\u016bkan\u0173 norm\u0173 ma\u017einimas suma\u017eins obligacij\u0173 pajamingum\u0105 ir suma\u017eins spaudim\u0105 besiple\u010dian\u010diai JAV skol\u0173 na\u0161tai. Pra\u0117jus\u012f m\u0117nes\u012f \u201eApollo Global Management\u201c vyriausiasis ekonomistas Torstenas Sl\u00f8kas pa\u017eym\u0117jo, kad dabar, kai JAV skola siekia 35,3 trilijonus USD, pal\u016bkan\u0173 i\u0161laidos vidutini\u0161kai siekia 3 mlrd. USD per dien\u0105. Tai daugiau nei 2 milijardai doleri\u0173 […]<\/p>\n","protected":false},"author":1,"featured_media":771,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[427,489,13,1077,1078,459,1079,1076],"class_list":["post-770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finansai-ekonomika-bankinis-sektorius","tag-fed","tag-gali","tag-jav","tag-mazinimas","tag-nesumazinti","tag-palukanu","tag-sanaudu","tag-skola"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/posts\/770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/comments?post=770"}],"version-history":[{"count":0,"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/posts\/770\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/media\/771"}],"wp:attachment":[{"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/media?parent=770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/categories?post=770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/tags?post=770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}