{"id":21747,"date":"2025-10-30T03:44:00","date_gmt":"2025-10-30T03:44:00","guid":{"rendered":"https:\/\/chicagodesavanja.us\/fed-u-septembru-zapoceo-ciklus-snizavanja-kamatnih-stopa\/"},"modified":"2025-10-30T03:44:00","modified_gmt":"2025-10-30T03:44:00","slug":"fed-u-septembru-zapoceo-ciklus-snizavanja-kamatnih-stopa","status":"publish","type":"post","link":"https:\/\/chicagodesavanja.us\/en\/vesti\/fed-u-septembru-zapoceo-ciklus-snizavanja-kamatnih-stopa\/","title":{"rendered":"Ameri\u010dka centralna banka ponovo sni\u017eava kamatne stope: Fed smanjio stopu za 0,25% na raspon od 3,75% do 4%"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><strong>Federal Reserve (Fed)<\/strong> je ponovo snizila referentnu kamatnu stopu za <strong>0,25 procentnih poena<\/strong>, na raspon od <strong>3,75% do 4%<\/strong>, \u0161to predstavlja <strong>drugo smanjenje 2025. godine<\/strong>. Odluka dolazi u trenutku pove\u0107ane <strong>neizvesnosti u ameri\u010dkoj ekonomiji<\/strong>, uzrokovane <strong>prekidom rada vlade (government shutdown)<\/strong> koji je zaustavio objavu va\u017enih ekonomskih podataka.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Odluku je doneo <strong>Federal Open Market Committee (FOMC)<\/strong> sa <strong>10 glasova za<\/strong> i <strong>2 protiv<\/strong> \u2013 guverner <strong>Stephen Miran<\/strong> zalagao se za ve\u0107e sni\u017eenje od <strong>0,5 procentnih poena<\/strong>, dok je predsednik <strong>Kansas City Fed-a Jeffrey Schmid<\/strong> bio za zadr\u017eavanje postoje\u0107ih stopa.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nakon meseci pritiska od strane predsednika <strong>Donald Trump-a<\/strong>, Fed je u septembru zapo\u010deo ciklus sni\u017eavanja kamatnih stopa, a sada potvr\u0111uje da bi do kraja godine moglo uslediti jo\u0161 jedno smanjenje.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201eU skladu sa ciljevima i promenom ravnote\u017ee rizika, Komitet je odlu\u010dio da smanji ciljni opseg za federalne kamatne stope za 0,25 procentnih poena, na 3,75% do 4%\u201c, navodi se u zvani\u010dnom saop\u0161tenju FOMC-a.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Zbog <strong>zatvaranja vlade<\/strong>, Fed je ovaj put bio prinu\u0111en da odluku donese bez oktobarskog izve\u0161taja o zapo\u0161ljavanju iz <strong>Bureau of Labor Statistics<\/strong>, oslanjaju\u0107i se na podatke iz <strong>privatnog sektora<\/strong>, <strong>odlo\u017eeni indeks potro\u0161a\u010dkih cena (CPI)<\/strong> i <strong>unutra\u0161nje ankete<\/strong> me\u0111u kompanijama i neprofitnim organizacijama.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Uprkos ograni\u010denim podacima, tr\u017ei\u0161ta su o\u010dekivala ovaj potez. <strong>Tr\u017ei\u0161te rada<\/strong> pokazuje znake slabosti \u2013 tokom 2025. godine u proseku je dodavano samo <strong>29.000 novih radnih mesta mese\u010dno<\/strong>, dok je <strong>stopa nezaposlenosti porasla sa 4% na 4,3%<\/strong>, \u0161to je najsporiji rast zapo\u0161ljavanja jo\u0161 od pandemije.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Istovremeno, <strong>inflacija<\/strong> ponovo blago raste i u septembru je dostigla <strong>3% na godi\u0161njem nivou<\/strong>, prema poslednjem dostupnom CPI izve\u0161taju.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Odluka Fed-a dolazi u trenutku kada ameri\u010dka ekonomija balansira izme\u0111u <strong>usporenog rasta, inflatornih pritisaka i politi\u010dke nestabilnosti<\/strong>, a analiti\u010dari o\u010dekuju da \u0107e naredni meseci biti klju\u010dni za procenu da li \u0107e centralna banka nastaviti sa ubla\u017eavanjem monetarne politike.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:10px\">SOURCE: <a href=\"https:\/\/www.financialexpress.com\/business\/investing-abroad-us-fed-cuts-rates-by-25-bps-to-3-75-4-its-second-reduction-this-year-4025790\/\" target=\"_blank\" rel=\"noopener\">FINANCIAL EXPRESS<\/a> PHOTO: YOUTUBE SCREENSHOT<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>","protected":false},"excerpt":{"rendered":"<p>Federal Reserve (Fed) je ponovo snizila referentnu kamatnu stopu za 0,25 procentnih poena, na raspon od 3,75% do 4%, \u0161to predstavlja drugo smanjenje 2025. godine. Odluka dolazi u trenutku pove\u0107ane neizvesnosti u ameri\u010dkoj ekonomiji, uzrokovane prekidom rada vlade (government shutdown) koji je zaustavio objavu va\u017enih ekonomskih podataka. Odluku je doneo Federal Open Market Committee (FOMC) [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":16656,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[368,369],"tags":[19283,681,538,2907,404,4360,782,2909,3426,2121,19284,2911,19285,389,19286,9391],"class_list":["post-21747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-vesti-amerika","category-vesti","tag-americka-centralna-banka","tag-americka-ekonomija","tag-amerika","tag-cpi","tag-donald-trump","tag-fed","tag-federal-reserve","tag-fomc","tag-government-shutdown","tag-inflacija","tag-interest-rate-cut","tag-kamatne-stope","tag-monetary-policy","tag-nezaposlenost","tag-snizenje-kamatnih-stopa","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/chicagodesavanja.us\/en\/wp-json\/wp\/v2\/posts\/21747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chicagodesavanja.us\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chicagodesavanja.us\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/chicagodesavanja.us\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/chicagodesavanja.us\/en\/wp-json\/wp\/v2\/comments?post=21747"}],"version-history":[{"count":0,"href":"https:\/\/chicagodesavanja.us\/en\/wp-json\/wp\/v2\/posts\/21747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/chicagodesavanja.us\/en\/wp-json\/wp\/v2\/media\/16656"}],"wp:attachment":[{"href":"https:\/\/chicagodesavanja.us\/en\/wp-json\/wp\/v2\/media?parent=21747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chicagodesavanja.us\/en\/wp-json\/wp\/v2\/categories?post=21747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chicagodesavanja.us\/en\/wp-json\/wp\/v2\/tags?post=21747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}