{"id":2599,"date":"2023-10-26T07:00:00","date_gmt":"2023-10-26T07:00:00","guid":{"rendered":"https:\/\/www.gnews.cz\/?p=2599"},"modified":"2025-01-30T22:03:14","modified_gmt":"2025-01-30T21:03:14","slug":"sef-fedu-jerome-powell-nevyloucil-dalsi-zvysovani-urokovych-sazeb","status":"publish","type":"post","link":"https:\/\/gnews.cz\/cs_cz\/ekonomika\/sef-fedu-jerome-powell-nevyloucil-dalsi-zvysovani-urokovych-sazeb\/","title":{"rendered":"\u0160\u00e9f Fedu Jerome Powell nevylou\u010dil dal\u0161\u00ed zvy\u0161ov\u00e1n\u00ed \u00farokov\u00fdch sazeb"},"content":{"rendered":"\n<p>(<strong>FOTO &#8211; opojisteni.cz<\/strong>)<\/p>\n\n\n\n<p>Vstupujeme do 43 t\u00fddne roku 2023, je tedy op\u011bt \u010das na Zlat\u00e9 novinky. Aktu\u00e1ln\u00ed cena zlata je 1 981 USD (sobota 21.10. 2023) za trojskou unci a v\u00fdvoj zlata za posledn\u00edch 5 dn\u016f byl ve znamen\u00ed r\u016fstu, a to o 2,86 %, cena st\u0159\u00edbra je 23.374 USD (sobota 21.10. 2023) za trojskou unci a st\u0159\u00edbro za posledn\u00edch 5 dn\u016f zaznamenalo r\u016fst o 3,15 %. V CZK zlato zaznamenalo r\u016fst, a to o 1,79 % na 46 074 CZK, v EUR rostlo, a to o 2,06 % na 1 870 EUR, st\u0159\u00edbro pak zaznamenalo r\u016fst v CZK o 2,08 % na 543.50 CZK a v EUR r\u016fst o 2,36 % na 22.068EUR za unci.<\/p>\n\n\n\n<p>\u0160\u00e9f americk\u00e9 centr\u00e1ln\u00ed banky (Fed) Jerome Powell nevylou\u010dil dal\u0161\u00ed zvy\u0161ov\u00e1n\u00ed \u00farokov\u00fdch sazeb. Ve sv\u00e9m projevu v Ekonomick\u00e9m klubu v New Yorku p\u0159itom pouk\u00e1zal na s\u00edlu americk\u00e9 ekonomiky a p\u0159etrv\u00e1vaj\u00edc\u00ed napjat\u00e9 podm\u00ednky na trhu pr\u00e1ce. Inflace z\u016fst\u00e1v\u00e1 podle Powella p\u0159\u00edli\u0161 vysok\u00e1. Centr\u00e1ln\u00ed banka se pomoc\u00ed zp\u0159\u00eds\u0148ov\u00e1n\u00ed m\u011bnov\u00e9 politiky sna\u017e\u00ed dostat inflaci ke sv\u00e9mu dvouprocentn\u00edmu c\u00edli. Dal\u0161\u00ed p\u0159\u00edpadn\u00e9 zvy\u0161ov\u00e1n\u00ed \u00farokov\u00fdch sazeb bude d\u00e1le tla\u010dit dol\u016f cenu US dluhopis\u016f, a to bude d\u00e1le tla\u010dit na US banky a d\u011blat jim probl\u00e9mu, tak jak jsme o tom informovali v minul\u00fdch Zlat\u00fdch novink\u00e1ch viz n\u00ed\u017ee. P\u0159\u00edpadn\u00e9 probl\u00e9my US bank budou zvy\u0161ovat neklid na trz\u00edch a oslabovat USD a tyto jevy budou naopak tla\u010dit cenu zlata vzh\u016fru. Sledujme tedy pozorn\u011b co se d\u011bje v US ekonomice, jak si stoj\u00ed US dluhopisy a banky. Ztr\u00e1ty na americk\u00fdch st\u00e1tn\u00edch dluhopisech (Treasuries) s del\u0161\u00ed splatnost\u00ed za\u010d\u00ednaj\u00ed soupe\u0159it s n\u011bkter\u00fdmi z nejzn\u00e1m\u011bj\u0161\u00edch tr\u017en\u00edch krach\u016f v historii USA.<\/p>\n\n\n\n<p>Treasuries s maturitou 10 a v\u00edce let se podle \u00fadaj\u016f agentury Bloomberg propadly o 46 % od vrcholu v b\u0159eznu 2020. To je jen o n\u011bco m\u00e1lo m\u00e9n\u011b ne\u017e 49% propad americk\u00fdch akci\u00ed v d\u016fsledku prasknut\u00ed tzv. dotcom bubliny na p\u0159elomu stolet\u00ed. Propad t\u0159icetilet\u00fdch dluhopis\u016f byl je\u0161t\u011b hor\u0161\u00ed a dos\u00e1hl 53 %, \u010d\u00edm\u017e se p\u0159ibl\u00ed\u017eil 57% propadu akci\u00ed b\u011bhem hlubok\u00e9 finan\u010dn\u00ed krize. Rozsah ztr\u00e1t slou\u017e\u00ed jako v\u00fdstra\u017en\u00e9 p\u0159ipomenut\u00ed rizika, kter\u00e9 se poj\u00ed s investov\u00e1n\u00edm do dluhopis\u016f s velmi dlouhou splatnost\u00ed, kde jsou ceny nejcitliv\u011bj\u0161\u00ed na zm\u011bny \u00farokov\u00fdch sazeb. To bylo d\u0159\u00edve sou\u010d\u00e1st\u00ed p\u0159ita\u017elivosti t\u011bchto cenn\u00fdch pap\u00edr\u016f d\u00edky tomu, jak Fed po v\u011bt\u0161inu minul\u00e9ho desetilet\u00ed sni\u017eoval v\u00fdp\u016fj\u010dn\u00ed n\u00e1klady t\u00e9m\u011b\u0159 na nulu. Dopady na americk\u00e9 banky, kter\u00e9 se je\u0161t\u011b zdaleka nevzpamatovaly z bankovn\u00ed krize z jara leto\u0161n\u00edho roku mohou b\u00fdt v\u00fdznamn\u00e9. Vzhledem k tomu jak je finan\u010dn\u00ed a bankovn\u00ed sv\u011bt propojen je jasn\u00e9, \u017ee p\u0159\u00edpadn\u00e9 probl\u00e9my americk\u00fdch bank znamenaj\u00ed n\u00e1sledn\u00fd p\u0159eliv probl\u00e9mu do Evropy. Bu\u010fme tedy velmi pozorn\u00ed.<\/p>\n\n\n\n<p><strong>Robert Vl\u00e1\u0161ek<\/strong><\/p>\n\n\n\n<p><strong>(gnews.cz\/JAV)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(FOTO &#8211; opojisteni.cz) Vstupujeme do 43 t\u00fddne roku 2023, je tedy op\u011bt \u010das na Zlat\u00e9 novinky. Aktu\u00e1ln\u00ed cena zlata je 1 981&hellip;<\/p>\n","protected":false},"author":2,"featured_media":2602,"comment_status":"closed","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[4],"tags":[22,141,46,78,138,142,137,139,10,26,17,172,38,41,136],"class_list":["post-2599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomika","tag-cina","tag-dluhopisy","tag-eu","tag-evropa","tag-fed","tag-firegold","tag-investice","tag-jerome-powell","tag-news","tag-rusko","tag-top","tag-urokova-sazba","tag-usa","tag-world","tag-zlato"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/posts\/2599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/comments?post=2599"}],"version-history":[{"count":0,"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/posts\/2599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/media\/2602"}],"wp:attachment":[{"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/media?parent=2599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/categories?post=2599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/tags?post=2599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}