{"id":18784,"date":"2025-06-17T06:47:27","date_gmt":"2025-06-17T06:47:27","guid":{"rendered":"https:\/\/kriptomagazin.si\/?p=18784"},"modified":"2025-06-17T06:47:27","modified_gmt":"2025-06-17T06:47:27","slug":"napovedi-nekdanjih-uradnikov-fed-visja-inflacija-in-brezposelnost-lahko-vplivata-na-financne-trge","status":"publish","type":"post","link":"https:\/\/testnamag.si\/staging\/napovedi-nekdanjih-uradnikov-fed-visja-inflacija-in-brezposelnost-lahko-vplivata-na-financne-trge\/","title":{"rendered":"Napovedi nekdanjih uradnikov FED: Vi\u0161ja inflacija in brezposelnost lahko vplivata na finan\u010dne trge"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"18784\" class=\"elementor elementor-18784\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6ac44a4a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6ac44a4a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cf7eb51\" data-id=\"cf7eb51\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73e21c97 elementor-widget elementor-widget-text-editor\" data-id=\"73e21c97\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Nekdanji uradniki ameri\u0161ke centralne banke (FED) napovedujejo rast inflacije in pove\u010danje stopnje brezposelnosti v prihodnjih mesecih, kar bi lahko pomembno vplivalo na prihodnje odlo\u010ditve o obrestnih merah. Projekcije, zbrane s strani analitika Jona Hilsenratha, razkrivajo bolj zapleteno sliko ameri\u0161kega gospodarstva, kot so jo \u0161e pred kratkim predvidevali uradni organi.<\/span><\/p><p><span style=\"font-weight: 400;\">Po njihovih ocenah naj bi se inflacija v letu 2025 dvignila na 2,7 %, leta 2026 pa rahlo zni\u017eala na 2,5 %. V primerjavi s prej\u0161njimi napovedmi FED-a (2,5 % za leto 2025 in 2,1 % za leto 2026) to predstavlja pomemben premik navzgor. Poleg tega naj bi se stopnja brezposelnosti pribli\u017eala 5 %, kar bi lahko mo\u010dno zapletlo nadaljnjo usmeritev denarne politike.<\/span><\/p><h2><b>Mo\u017ena posledica: previdnost glede obrestnih mer<\/b><\/h2><p><span style=\"font-weight: 400;\">\u010ce bi se ta napoved uresni\u010dila, bi lahko FED podalj\u0161al obdobje restriktivne denarne politike. Pove\u010dana inflacija in \u0161ibkej\u0161i trg dela obi\u010dajno povzro\u010dita previdno dr\u017eo centralnih bank, saj posku\u0161ajo uravnote\u017eiti gospodarsko rast z nadzorovanjem cenovne stabilnosti. Tak\u0161ni pogoji lahko negativno vplivajo na investicijsko klimo in dostopnost kapitala.<\/span><\/p><h3><b>Vpliv na kripto trge: pri\u010dakovana volatilnost<\/b><\/h3><p><span style=\"font-weight: 400;\">V tem gospodarskem kontekstu so lahko finan\u010dni trgi, vklju\u010dno z <\/span><b>kripto<\/b><span style=\"font-weight: 400;\"> sektorjem, \u0161e posebej ob\u010dutljivi na prihodnje poteze centralne banke. Bitcoin, ki je trenutno vreden okoli 107.000 USD, je v zadnjem tednu sicer zabele\u017eil 1,02 % dnevno rast, vendar \u0161e vedno bele\u017ei tedenski padec v vi\u0161ini 1,95 %. Ta nihanja ka\u017eejo na pove\u010dano ob\u010dutljivost trga na makroekonomske napovedi.<\/span><\/p><h3><b>Previdnost in opazovanje klju\u010dnih kazalnikov<\/b><\/h3><p><span style=\"font-weight: 400;\">Kljub temu da trenutne razmere \u0161e niso alarmantne, finan\u010dni analitiki pozivajo k ve\u010dji pozornosti in pripravljenosti na hitro spreminjajo\u010de se razmere. Makroekonomski pritiski, kot sta nara\u0161\u010dajo\u010da inflacija in brezposelnost, lahko pomembno preoblikujejo tako tradicionalne kot digitalne finan\u010dne trge. Zato bodo naslednji koraki FED-a odlo\u010dilni za oblikovanje tr\u017enega razpolo\u017eenja v drugi polovici leta 2025.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f38619 elementor-widget elementor-widget-text-editor\" data-id=\"6f38619\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f2e6eb4 elementor-widget elementor-widget-heading\" data-id=\"f2e6eb4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Sledite nam na socialnih omre\u017ejih:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b0829ca e-grid-align-left elementor-shape-rounded elementor-grid-0 elementor-widget elementor-widget-social-icons\" data-id=\"b0829ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"social-icons.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-social-icons-wrapper elementor-grid\" role=\"list\">\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-facebook elementor-repeater-item-d8d211a\" href=\"https:\/\/www.facebook.com\/profile.php?id=61574928398186\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Facebook<\/span>\n\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-facebook\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M504 256C504 119 393 8 256 8S8 119 8 256c0 123.78 90.69 226.38 209.25 245V327.69h-63V256h63v-54.64c0-62.15 37-96.48 93.67-96.48 27.14 0 55.52 4.84 55.52 4.84v61h-31.28c-30.8 0-40.41 19.12-40.41 38.73V256h68.78l-11 71.69h-57.78V501C413.31 482.38 504 379.78 504 256z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-instagram elementor-repeater-item-8af6857\" href=\"https:\/\/www.instagram.com\/kriptomagazin_sl\/\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Instagram<\/span>\n\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-instagram\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.1 141c-63.6 0-114.9 51.3-114.9 114.9s51.3 114.9 114.9 114.9S339 319.5 339 255.9 287.7 141 224.1 141zm0 189.6c-41.1 0-74.7-33.5-74.7-74.7s33.5-74.7 74.7-74.7 74.7 33.5 74.7 74.7-33.6 74.7-74.7 74.7zm146.4-194.3c0 14.9-12 26.8-26.8 26.8-14.9 0-26.8-12-26.8-26.8s12-26.8 26.8-26.8 26.8 12 26.8 26.8zm76.1 27.2c-1.7-35.9-9.9-67.7-36.2-93.9-26.2-26.2-58-34.4-93.9-36.2-37-2.1-147.9-2.1-184.9 0-35.8 1.7-67.6 9.9-93.9 36.1s-34.4 58-36.2 93.9c-2.1 37-2.1 147.9 0 184.9 1.7 35.9 9.9 67.7 36.2 93.9s58 34.4 93.9 36.2c37 2.1 147.9 2.1 184.9 0 35.9-1.7 67.7-9.9 93.9-36.2 26.2-26.2 34.4-58 36.2-93.9 2.1-37 2.1-147.8 0-184.8zM398.8 388c-7.8 19.6-22.9 34.7-42.6 42.6-29.5 11.7-99.5 9-132.1 9s-102.7 2.6-132.1-9c-19.6-7.8-34.7-22.9-42.6-42.6-11.7-29.5-9-99.5-9-132.1s-2.6-102.7 9-132.1c7.8-19.6 22.9-34.7 42.6-42.6 29.5-11.7 99.5-9 132.1-9s102.7-2.6 132.1 9c19.6 7.8 34.7 22.9 42.6 42.6 11.7 29.5 9 99.5 9 132.1s2.7 102.7-9 132.1z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-x-twitter elementor-repeater-item-0e6eb4c\" href=\"https:\/\/x.com\/KriptomagazinSi\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">X-twitter<\/span>\n\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-x-twitter\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M389.2 48h70.6L305.6 224.2 487 464H345L233.7 318.6 106.5 464H35.8L200.7 275.5 26.8 48H172.4L272.9 180.9 389.2 48zM364.4 421.8h39.1L151.1 88h-42L364.4 421.8z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-linkedin elementor-repeater-item-02f091a\" href=\"https:\/\/www.linkedin.com\/company\/kriptomagazin\/\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Linkedin<\/span>\n\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-linkedin\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 32H31.9C14.3 32 0 46.5 0 64.3v383.4C0 465.5 14.3 480 31.9 480H416c17.6 0 32-14.5 32-32.3V64.3c0-17.8-14.4-32.3-32-32.3zM135.4 416H69V202.2h66.5V416zm-33.2-243c-21.3 0-38.5-17.3-38.5-38.5S80.9 96 102.2 96c21.2 0 38.5 17.3 38.5 38.5 0 21.3-17.2 38.5-38.5 38.5zm282.1 243h-66.4V312c0-24.8-.5-56.7-34.5-56.7-34.6 0-39.9 27-39.9 54.9V416h-66.4V202.2h63.7v29.2h.9c8.9-16.8 30.6-34.5 62.9-34.5 67.2 0 79.7 44.3 79.7 101.9V416z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Nekdanji uradniki ameri\u0161ke centralne banke (FED) napovedujejo rast inflacije in pove\u010danje stopnje brezposelnosti v prihodnjih mesecih, kar bi lahko pomembno vplivalo na prihodnje odlo\u010ditve o obrestnih merah. Projekcije, zbrane s strani analitika Jona Hilsenratha, razkrivajo bolj zapleteno sliko ameri\u0161kega gospodarstva, kot so jo \u0161e pred kratkim predvidevali uradni organi. Po njihovih ocenah naj bi se [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":32982,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":{"footnotes":""},"categories":[116,124],"tags":[],"class_list":["post-18784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kripto-novice","category-svetovna-ekonomija"],"jetpack_featured_media_url":"https:\/\/testnamag.si\/staging\/wp-content\/uploads\/2025\/05\/74.000-29.jpg","_links":{"self":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/posts\/18784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/comments?post=18784"}],"version-history":[{"count":0,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/posts\/18784\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/media\/32982"}],"wp:attachment":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/media?parent=18784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/categories?post=18784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/tags?post=18784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}