{"id":700524,"date":"2026-06-29T21:26:04","date_gmt":"2026-06-29T21:26:04","guid":{"rendered":"https:\/\/microscopemedia.com\/?p=700524"},"modified":"2026-06-29T21:26:04","modified_gmt":"2026-06-29T21:26:04","slug":"presedinta-bce-apara-recenta-majorare-a-ratei-dobanzii-menite-sa-combata-inflatia","status":"publish","type":"post","link":"https:\/\/microscopemedia.com\/?p=700524","title":{"rendered":"Pre\u0219edinta BCE ap\u0103r\u0103 recenta majorare a ratei dob\u00e2nzii menite s\u0103 combat\u0103 infla\u021bia"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/microscopemedia.com\/wp-content\/uploads\/2026\/06\/presedinta-bce-apara-recenta-majorare-a-ratei-dobanzii-menite-sa-combata-inflatia.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p id=\"p-0\">Pre\u0219edinta BCE, Christine Lagarde, a declarat luni c\u0103, f\u0103r\u0103 aceast\u0103 majorare de un sfert de punct procentual, infla\u021bia ar fi putut r\u0103m\u00e2ne peste \u021binta de 2% a b\u0103ncii p\u00e2n\u0103 \u00een 2028, potrivit <a href=\"https:\/\/apnews.com\/article\/lagarde-ecb-inflation-interest-rates-27b96999040acc6b71b6452398a17daa\" target=\"_blank\" rel=\"noopener\">AP<\/a>.<\/p>\n<p id=\"p-1\">\u201eUnii au caracterizat majorarea ratei dob\u00e2nzii de la \u00eenceputul acestei luni drept o \u00abmajorare de precau\u021bie\u00bb\u201d, a spus Lagarde. \u201e\u00cemi pare r\u0103u s\u0103 \u00eei dezam\u0103gesc. Aceasta nu este o descriere corect\u0103. Ne-am confruntat cu o perspectiv\u0103 de cre\u0219tere a infla\u021biei globale \u0219i a infla\u021biei de baz\u0103\u201d.<\/p>\n<p id=\"p-2\">Banca central\u0103 a celor 21 de \u021b\u0103ri care utilizeaz\u0103 euro a majorat rata de referin\u021b\u0103 la \u00eenceputul lunii iunie cu un sfert de punct procentual, p\u00e2n\u0103 la 2,25%, aceasta fiind prima modificare a ratei dob\u00e2nzii din ultimul an. Chiar \u0219i cu rate mai ridicate, se preconizeaz\u0103 c\u0103 infla\u021bia va reveni la 2% abia \u00een ultimele trei luni ale anului 2027. Infla\u021bia anual\u0103 din zona euro a fost de 3,2% \u00een luna mai.<\/p>\n<p id=\"p-3\">Lagarde a afirmat, totu\u0219i, c\u0103 banca nu va avea nevoie de major\u0103rile uria\u0219e de jum\u0103tate de punct \u0219i trei sferturi de punct pe care le-a folosit pentru a st\u0103vili infla\u021bia de dou\u0103 cifre dup\u0103 ce Rusia a \u00eentrerupt aprovizionarea cu gaze naturale pe fondul r\u0103zboiului din Ucraina.<\/p>\n<h2 id=\"chapter-0\">\u201eCel mai rapid ciclu din istoria noastr\u0103\u201d<\/h2>\n<p id=\"p-4\">\u00cen schimb, previziunile mai precise \u00eenseamn\u0103 c\u0103 banca poate adopta, de la o \u0219edin\u021b\u0103 la alta, o abordare mai m\u0103surat\u0103 \u00een fa\u021ba presiunilor fluctuante asupra pre\u021burilor generate de r\u0103zboiul din Iran \u0219i de \u00eentreruperea aprovizion\u0103rii cu petrol \u0219i gaze prin Str\u00e2mtoarea Ormuz. Banca are programate \u0219edin\u021be de stabilire a ratei dob\u00e2nzii \u00een perioadele 22-23 iulie \u0219i 9-10 septembrie.<\/p>\n<p id=\"p-5\">Banca a r\u0103spuns la \u00eentreruperea furniz\u0103rii de gaze din Rusia cu \u201ecel mai rapid ciclu de \u00een\u0103sprire din istoria noastr\u0103, major\u00e2nd ratele \u00een pa\u0219i pe care nu i-am mai folosit niciodat\u0103\u201d, a afirmat ea \u00een textul unui discurs sus\u021binut la conferin\u021ba anual\u0103 de politic\u0103 monetar\u0103 a b\u0103ncii, desf\u0103\u0219urat\u0103 la Sintra, \u00een Portugalia.<\/p>\n<p id=\"p-6\">\u201eNu mai este nevoie s\u0103 ac\u021bion\u0103m cu aceea\u0219i for\u021b\u0103\u201d, a spus ea. \u201ePutem face ajust\u0103ri moderate ale ratelor, calibrate \u00een func\u021bie de \u0219ocurile cu care ne confrunt\u0103m\u201d.<\/p>\n<p id=\"p-7\">Ea a precizat c\u0103 anali\u0219tii <a href=\"https:\/\/www.mediafax.ro\/stirile-zilei\/socul-din-orient-creste-inflatia-si-in-zona-euro-bce-va-majora-rata-dobanzilor-23747933\">b\u0103ncii<\/a> utilizeaz\u0103 acum scenarii cu evolu\u021bii mai moderate \u0219i mai severe ale evenimentelor geopolitice, astfel \u00eenc\u00e2t banca s\u0103 se asigure c\u0103 nu reac\u021bioneaz\u0103 excesiv sau insuficient. Pre\u021burile petrolului au fluctuat puternic pe durata conflictului din Iran, \u00een timp ce economia european\u0103 a rezistat mai bine dec\u00e2t se a\u0219teptau mul\u021bi \u00een fa\u021ba dificult\u0103\u021bilor generate de impunerea de c\u0103tre pre\u0219edintele american Donald Trump a unor noi tarife asupra importurilor europene.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pre\u0219edinta BCE, Christine Lagarde, a declarat luni c\u0103, f\u0103r\u0103 aceast\u0103 majorare de un sfert de punct procentual, infla\u021bia ar fi putut r\u0103m\u00e2ne peste \u021binta de 2% a b\u0103ncii p\u00e2n\u0103 \u00een &hellip; <a href=\"https:\/\/microscopemedia.com\/?p=700524\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":700525,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts\/700524"}],"collection":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=700524"}],"version-history":[{"count":0,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts\/700524\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/media\/700525"}],"wp:attachment":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=700524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=700524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=700524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}