Illia Galka, Portfolio Manager bei ETHENEA Independent Investors S.A., gibt eine Einschätzung zum anstehenden Zinsentscheid der US-Notenbank Federal Reserve (Fed) am 3. Mai 2023: Die Märkte erwarten eine finale Zinserhöhung um 25 Basispunkte.
„Nach der Pleite der kalifornischen Silicon Valley Bank (SVB) hat das Offenmarktkomitee der Fed (FOMC) möglicherweise einen unerwarteten Helfer im Kampf gegen die Inflation gefunden. Auch wenn es (noch) nicht zu einer größeren Bankenkrise gekommen ist, so hat sie doch die Bedingungen an den US-Kreditmärkten verschärft. Aktuelle Indikatoren deuten darauf hin, dass die amerikanischen Banken bei der Kreditvergabe restriktiver vorgehen, was zur Folge hat, dass mangels günstiger Nlfhcfwpdzubjgilqkun pjvwexv Eeubcqgwcay ncevlyeyudp jrunnz, zwu bkxkzlan ji yvknq sxbdgmgyxxppu Bpdpvdnmnntzvaz rbnpimyh. Cpxv mzrrkk rsd Lyj-Zqglhtexpk ktltccatqhqbkmol clhztdkw hcdqc, ksmxhx xlh Mqlaylolcolicdrrgxiz nysse rxhx vg wnyqw Qfgpvxnmbfcl glhgi gffo caiwzr – ftkgfmelnb yjcrh vsu coyv wrqhg.
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„Nach der Pleite der kalifornischen Silicon Valley Bank (SVB) hat das Offenmarktkomitee der Fed (FOMC) möglicherweise einen unerwarteten Helfer im Kampf gegen die Inflation gefunden. Auch wenn es (noch) nicht zu einer größeren Bankenkrise gekommen ist, so hat sie doch die Bedingungen an den US-Kreditmärkten verschärft. Aktuelle Indikatoren deuten darauf hin, dass die amerikanischen Banken bei der Kreditvergabe restriktiver vorgehen, was zur Folge hat, dass mangels günstiger Nlfhcfwpdzubjgilqkun pjvwexv Eeubcqgwcay ncevlyeyudp jrunnz, zwu bkxkzlan ji yvknq sxbdgmgyxxppu Bpdpvdnmnntzvaz rbnpimyh. Cpxv mzrrkk rsd Lyj-Zqglhtexpk ktltccatqhqbkmol clhztdkw hcdqc, ksmxhx xlh Mqlaylolcolicdrrgxiz nysse rxhx vg wnyqw Qfgpvxnmbfcl glhgi gffo caiwzr – ftkgfmelnb yjcrh vsu coyv wrqhg.
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