{"id":110648,"date":"2018-11-08T21:29:52","date_gmt":"2018-11-08T20:29:52","guid":{"rendered":"http:\/\/gazdasagportal.hu\/?p=110648"},"modified":"2018-11-08T21:29:52","modified_gmt":"2018-11-08T20:29:52","slug":"a-fed-nem-valtoztatott-az-iranyado-dollarkamaton-2","status":"publish","type":"post","link":"https:\/\/gazdasagportal.hu\/index.php\/a-fed-nem-valtoztatott-az-iranyado-dollarkamaton-2\/","title":{"rendered":"A Fed nem v\u00e1ltoztatott az ir\u00e1nyad\u00f3 doll\u00e1rkamaton"},"content":{"rendered":"<p><strong>Az amerikai jegybank szerep\u00e9t bet\u00f6lt\u0151 Federal Reserve (Fed) nem v\u00e1ltoztatott az ir\u00e1nyad\u00f3 2,00-2,25 sz\u00e1zal\u00e9kos doll\u00e1rkamat-s\u00e1von szerdai-cs\u00fct\u00f6rt\u00f6ki kamatd\u00f6nt\u0151 \u00fcl\u00e9s\u00e9n.<\/strong><!--more--><\/p>\n<div class=\"ads-in-post1\"><div id=\"gazdasagportal.hu_fullbanner_wideboard\"><\/div>\r\n<\/div>\n<p>    A Fed monet\u00e1ris politikai test\u00fclete, a ny\u00edltpiaci bizotts\u00e1g (Federal Open Market Committee, FOMC) k\u00e9tnapos \u00fcl\u00e9s\u00e9n meghozott d\u00f6nt\u00e9s \u00f6sszhangban volt a test\u00fclet kor\u00e1bban tett monet\u00e1ris politikai jelz\u00e9seivel \u00e9s a piacon a mostani d\u00f6nt\u00e9sr\u0151l el\u0151z\u0151leg kialakult elemz\u0151i konszenzussal.<br \/>\n    A Fed a robusztus gazdas\u00e1gi n\u00f6veked\u00e9ssel, a foglalkoztat\u00e1s &#8222;eg\u00e9szs\u00e9ges&#8221; m\u00e9rt\u00e9k\u0171 n\u00f6veked\u00e9s\u00e9vel, az alacsony munkan\u00e9lk\u00fclis\u00e9gi r\u00e1t\u00e1val, a lakoss\u00e1gi fogyaszt\u00e1s er\u0151teljes m\u00e9rt\u00e9k\u00e9vel \u00e9s a fogyaszt\u00f3i \u00e1rak infl\u00e1ci\u00f3s c\u00e9lt megk\u00f6zel\u00edt\u0151 emelked\u00e9s\u00e9vel indokolta d\u00f6nt\u00e9s\u00e9t.<br \/>\n    A Fed az indokl\u00e1sban kifejezte meggy\u0151z\u0151d\u00e9s\u00e9t, hogy a gazdas\u00e1g el\u00e9g er\u0151teljes alapokon \u00e1ll ahhoz, hogy elviselje a f\u0151bb kereskedelmi partnerekkel m\u00e9ly\u00fcl\u0151 ellent\u00e9tek, a valamivel gyeng\u00e9bb v\u00e1llalati beruh\u00e1z\u00e1sok \u00e9s a lanyha ingatlanpiaci n\u00f6veked\u00e9s \u00e1ltal okozott terheket.<br \/>\n<div class=\"ads-in-post2\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-6t+ed+2i-1n-4w\"\r\n     data-ad-client=\"ca-pub-1959107119989764\"\r\n     data-ad-slot=\"4008251320\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n    A piac a Fed \u00e1ltal kor\u00e1bban tett jelz\u00e9sek alapj\u00e1n az id\u00e9n m\u00e9g egy, j\u00f6v\u0151re pedig h\u00e1rom kamatemel\u00e9sre sz\u00e1m\u00edt. A Fed kamatd\u00f6nt\u00e9s\u00e9nek mostani indokl\u00e1sa is meger\u0151s\u00edtette a v\u00e1rhat\u00f3 kamatp\u00e1ly\u00e1r\u00f3l kialakult piaci felt\u00e9telez\u00e9seket.<br \/>\n    A ny\u00edltpiaci bizotts\u00e1g 2015 decembere el\u0151tt h\u00e9t \u00e9vig tartotta t\u00f6rt\u00e9nelmi m\u00e9lys\u00e9gben, z\u00e9r\u00f3 k\u00f6zeli szinten az alapkamatot, hogy ez\u00e1ltal \u00f6szt\u00f6n\u00f6zze a gazdas\u00e1gi n\u00f6veked\u00e9st \u00e9s felp\u00f6rgesse az infl\u00e1ci\u00f3t.<br \/>\n    A Fed legut\u00f3bbi, szeptemberi kamatd\u00f6nt\u0151 \u00fcl\u00e9s\u00e9n emelte meg a piaci v\u00e1rakoz\u00e1soknak megfelel\u0151en 1,75-2,00 sz\u00e1zal\u00e9kr\u00f3l 2,00-2,25 sz\u00e1zal\u00e9kra az ir\u00e1nyad\u00f3 doll\u00e1rkamat-s\u00e1vot.<br \/>\n    Az akkori d\u00f6nt\u00e9s indokl\u00e1s\u00e1ban a gazdas\u00e1g j\u00f3 teljes\u00edtm\u00e9ny\u00e9t nyugt\u00e1zva a Fed meger\u0151s\u00edtette sz\u00e1nd\u00e9k\u00e1t a monet\u00e1ris szigor\u00edt\u00e1s folytat\u00e1s\u00e1ra a j\u00f6v\u0151 \u00e9vre is.<br \/>\n    Az indokl\u00e1sb\u00f3l azonban a Fed szeptemberben hagyta ki els\u0151 alkalommal a monet\u00e1ris politik\u00e1j\u00e1ra alkalmazott &#8222;alkalmazkod\u00f3&#8221; (accommodative) jelz\u0151t, jelezve ezzel, hogy a j\u00f6v\u0151ben sokkal ink\u00e1bb semleges, sem mint gazdas\u00e1g\u00f6szt\u00f6nz\u0151 vagy a t\u00falf\u0171t\u00f6tts\u00e9get f\u00e9kez\u0151 monet\u00e1ris politik\u00e1t k\u00edv\u00e1n folytatni.(MTI)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Az amerikai jegybank szerep\u00e9t bet\u00f6lt\u0151 Federal Reserve (Fed) nem v\u00e1ltoztatott az ir\u00e1nyad\u00f3 2,00-2,25 sz\u00e1zal\u00e9kos doll\u00e1rkamat-s\u00e1von szerdai-cs\u00fct\u00f6rt\u00f6ki kamatd\u00f6nt\u0151 \u00fcl\u00e9s\u00e9n.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[246],"tags":[],"_links":{"self":[{"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/posts\/110648"}],"collection":[{"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/comments?post=110648"}],"version-history":[{"count":1,"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/posts\/110648\/revisions"}],"predecessor-version":[{"id":110649,"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/posts\/110648\/revisions\/110649"}],"wp:attachment":[{"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/media?parent=110648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/categories?post=110648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/tags?post=110648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}