{"id":29119,"date":"2021-06-08T11:23:14","date_gmt":"2021-06-08T14:23:14","guid":{"rendered":"https:\/\/www.amarilfranklin.com.br\/?p=29119"},"modified":"2021-06-08T11:23:18","modified_gmt":"2021-06-08T14:23:18","slug":"bc-avalia-que-alta-da-inflacao-em-economias-avancadas-pode-reverter-fluxos-para-emergentes","status":"publish","type":"post","link":"https:\/\/www.amarilfranklin.com.br\/index.php\/2021\/06\/08\/bc-avalia-que-alta-da-inflacao-em-economias-avancadas-pode-reverter-fluxos-para-emergentes\/","title":{"rendered":"BC avalia que alta da infla\u00e7\u00e3o em economias avan\u00e7adas pode reverter fluxos para emergentes"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;section&#8221; _builder_version=&#8221;3.22&#8243; transparent_background=&#8221;off&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221;][et_pb_row admin_label=&#8221;row&#8221; _builder_version=&#8221;3.25&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Texto&#8221; _builder_version=&#8221;4.9.4&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; hover_enabled=&#8221;0&#8243; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p style=\"text-align: justify;\">S\u00c3O PAULO (Reuters) &#8211; O aumento recente da infla\u00e7\u00e3o nas economias avan\u00e7adas pode causar deteriora\u00e7\u00e3o abrupta das condi\u00e7\u00f5es monet\u00e1rias globais, causando reprefica\u00e7\u00e3o desordenada dos ativos e aumento da avers\u00e3o ao risco, avaliou o Comit\u00ea de Estabilidade do Banco Central, destacando a possibilidade de revers\u00e3o dos fluxos de capital para economias emergentes.<\/p>\n<p style=\"text-align: justify;\">Na ata de sua \u00faltima reuni\u00e3o, divulgada nesta ter\u00e7a-feira, o comit\u00ea ressaltou que os bancos centrais mant\u00eam a comunica\u00e7\u00e3o de que o aumento recente da infla\u00e7\u00e3o \u00e9 tempor\u00e1rio e que os est\u00edmulos ser\u00e3o mantidos.<\/p>\n<p style=\"text-align: justify;\">&#8220;Contudo, questionamentos dos mercados a respeito de riscos inflacion\u00e1rios nessas economias podem tornar o ambiente desafiador para pa\u00edses emergentes&#8221;, disse o Comef no documento.<\/p>\n<p style=\"text-align: justify;\">O Comef avaliou ainda que a exposi\u00e7\u00e3o do Sistema Financeiro Nacional ao risco da taxa de c\u00e2mbio \u00e9 baixa e a depend\u00eancia do funding externo \u00e9 pequena.<\/p>\n<p style=\"text-align: justify;\">A avalia\u00e7\u00e3o do comit\u00ea na reuni\u00e3o foi de que o restabelecimento da neutralidade da pol\u00edtica macroprudencial \u00e9 apropriada no momento, especificamente o retorno da parcela Adicional de Conserva\u00e7\u00e3o de Capital Principal (ACPConserva\u00e7\u00e3o), com conclus\u00e3o prevista para mar\u00e7o de 2022.<\/p>\n<p style=\"text-align: justify;\">Al\u00e9m disso, destacou que o ambiente econ\u00f4mico continua exigindo aten\u00e7\u00e3o por parte da autoridade reguladora e supervisora, apesar do otimismo cauteloso do cen\u00e1rio atual. Mas o comit\u00ea mant\u00e9m a recomenda\u00e7\u00e3o de que as Institui\u00e7\u00f5es Financeiras mantenham a prud\u00eancia na pol\u00edtica de gest\u00e3o de capital.<\/p>\n<p style=\"text-align: justify;\">&#8220;Ao longo de 2021, os bancos devem destinar os lucros de forma conservadora e alinhada \u00e0s incertezas presentes e ao momento econ\u00f4mico&#8221;, completou.<\/p>\n<p style=\"text-align: justify;\">O comit\u00ea avaliou ainda que o custo de manuten\u00e7\u00e3o de liquidez aumentou e os prazos de capta\u00e7\u00e3o encurtaram. &#8220;A taxa m\u00e9dia de capta\u00e7\u00e3o tem se elevado e segue acima da taxa b\u00e1sica de juros, ao contr\u00e1rio do que ocorria at\u00e9 2019. Ao mesmo tempo, os prazos das capta\u00e7\u00f5es foram encurtados em decorr\u00eancia da crise&#8221;, disse o Comef, avaliando que as institui\u00e7\u00f5es financeiras t\u00eam capacidade de adapta\u00e7\u00e3o para lidar com as mudan\u00e7as.<\/p>\n<p style=\"text-align: justify;\">O Comef \u00e9 respons\u00e1vel por estabelecer diretrizes para resguardar a estabilidade financeira e prevenir riscos sist\u00eamicos. O colegiado se re\u00fane quatro vezes ao ano.<\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\">(Por Camila Moreira)<\/p>\n<p>[\/et_pb_text][et_pb_post_nav in_same_term=&#8221;on&#8221; show_next=&#8221;off&#8221; admin_label=&#8221;Navega\u00e7\u00e3o da postagem&#8221; _builder_version=&#8221;3.0.87&#8243; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; hide_prev=&#8221;off&#8221; hide_next=&#8221;on&#8221;] [\/et_pb_post_nav][et_pb_post_nav in_same_term=&#8221;on&#8221; show_prev=&#8221;off&#8221; admin_label=&#8221;Navega\u00e7\u00e3o da postagem&#8221; _builder_version=&#8221;3.0.87&#8243; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; hide_prev=&#8221;on&#8221; hide_next=&#8221;off&#8221;] [\/et_pb_post_nav][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Linha&#8221; _builder_version=&#8221;3.25&#8243; background_size=&#8221;initial&#8221; 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Na ata de sua [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-29119","post","type-post","status-publish","format-standard","hentry","category-noticias"],"_links":{"self":[{"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/posts\/29119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/comments?post=29119"}],"version-history":[{"count":0,"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/posts\/29119\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/media?parent=29119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/categories?post=29119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/tags?post=29119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}