ECB na fuskantar matsala yayin da yake shirye-shiryen tafiya mai tarihi

ECB dai na fuskantar wani mawuyacin hali yayin da take shirin yin wani balaguron tarihi na babban bankin Turai zai kara yawan kudin ruwa a karon farko cikin fiye da shekaru goma a ranar Alhamis yayin da fargabar samar da iskar gas ke dagula hasashen tattalin arzikin kasashen da ke amfani da kudin Euro.

Yayin da ake fuskantar hauhawar hauhawar farashin kayayyaki, masu tsara manufofin babban bankin kasar sun yi alkawarin kara yawan kudin ruwa da akalla kashi daya bisa hudu daga koma bayan da suka samu a halin yanzu.

Farashin kayan masarufi ya tashi da kashi 8.6 na shekara-shekara a cikin watan Yuni, wanda ya yi daidai da adadin kasashen da ke amfani da kudin Euro da kuma sama da burin ECB na kashi 2 cikin dari.

Karyewar sarkar samar da kayayyaki da hauhawar farashin makamashi biyo bayan mamayar da Rasha ta yi wa Ukraine wanda ya haifar da hauhawar farashin kayayyaki su ma suna da nauyi kan harkokin tattalin arziki a Turai.

Dogaro da nahiyar kan shigo da makamashin da Rasha ke yi ya sanya mambobin kasashe masu amfani da kudin Euro ke yin kwarin guiwa don fuskantar lokacin sanyi tare da shirin raba kayan abinci idan Moscow ta dakatar da isar da iskar gas.

Hukumar Tarayyar Turai a ranar Laraba ta gabatar da wani shiri na rage amfani da iskar gas da kashi 15 cikin 100 don rage munanan illar da ke iya haifarwa ga tattalin arzikin kasar.

Amma tare da hauhawar farashin kayayyaki ba a nuna alamun raguwa ba, ECB na bin takwarorinsa a Biritaniya da Amurka, da kuma Yuro yana kallon rauni akan dala, matsin lamba yana kan ECB don yin la’akari da haɓakar haɓaka.

Babban matakai Bankunan tsakiya na yau da kullun za su yi shakka kafin haɓaka rates tare da tattalin arziƙin a cikin irin wannan matsayi mai mahimmanci, “amma hauhawar farashin kayayyaki ya karu har zuwa inda ECB ya yi aiki komai abin da ya karye,” in ji Frederik Ducrozet, babban binciken tattalin arziki a Pictet. Gudanar da Dukiya.

Neman hanyar da za a daidaita haɓaka da haɓakar hauhawar farashin kayayyaki ya zama kamar “matsalar da ba za ta yiwu ba don warwarewa” ga ECB, in ji shi.

Adadin ajiya na babban bankin ya kasance mara kyau a cikin shekaru takwas da suka gabata, inda mahimmin ƙimar a halin yanzu ya ragu da kashi 0.5 cikin ɗari.

Adadin riba mai ladabtarwa, wanda ke cajin bankuna yadda ya kamata don ajiye kuɗin su tare da ECB a cikin dare, an ƙera shi don ƙarfafa ƙarin lamuni, ƙarin ayyukan tattalin arziki da hauhawar hauhawar farashin kayayyaki.

Shugabar ECB Christine Lagarde ta ce makasudin ita ce a samu kudin ruwa daga mummunan yanki a karshen watan Satumba a matsayin wani bangare na “hankali amma ci gaba”.

A halin yanzu, Babban Bankin Amurka da Bankin Ingila sun riga sun sami gaban ECB, suna fara hawan hawan hawan su tun da farko kuma suna haɓaka ƙima sosai.

Zai yi wuya a bayyana dalilin da ya sa ECB “zai yi amfani da lokacin rani tare da raƙuman ruwa mara kyau yayin da hauhawar farashin Euro ke ci gaba da karuwa,” in ji Franck Dixmier, shugaban kafaffen samun kudin shiga a Allianz Global Investors.

Bacewar Watsawa Lokaci na ƙarshe da ECB ya ɗaga ƙima a cikin 2011, farkon rikicin bashi na Turai ya tilasta babban bankin ya ja baya.

Shugaban ECB wanda a karshe ya kwantar da tarzoma a kasuwar hada-hadar kudi shi ne Mario Draghi, wanda a yanzu shi ne firaministan Italiya kuma a tsakiyar sake nuna damuwa game da basussukan gwamnati yayin da kawancensa ke kan gaba.

Sanarwar da ECB ta yi a farkon watan Yuni cewa a karshe za ta kara yawan kudin ruwa ya haifar da tsadar rance ga kasashe masu amfani da kudin Euro, kamar Italiya, da sauri fiye da sauran.

Iyakance bambance-bambance tsakanin mambobi 19 daban-daban yana da “mahimmanci” don tabbatar da cewa ana jin motsin manufofin kuɗi daidai gwargwado a cikin yankin Yuro, in ji mataimakin shugaban ECB Luis de Guindos a farkon Yuli.

Don haka, ECB ta ce za ta “sassauƙa” sake saka hannun jarin balagagge a cikin fayil ɗin ta don karɓar bashi daga ƙasashe masu haɗari da sauƙaƙe matsin lamba.

Bankin ya kuma tashi don ƙirƙirar sabon kayan aiki na rikici don adana “watsawa” na manufofin kuɗin kuɗi tare da sayan lamuni.

Masu tsara manufofin ECB na iya bayyana ƙarin cikakkun bayanai game da kayan aikin “anti-raguwa” a ranar Alhamis, amma ra’ayin ya gamu da shakku daga wasu membobin majalisar gudanarwa, waɗanda za su ga an yi amfani da shi kawai a ƙarƙashin tsauraran sharuɗɗa.

A lokaci guda, rikicin siyasa a Italiya shine “littattafan rubutu na yanayin da bai kamata ECB ya shiga tsakani ba,” in ji Pictet’s Ducrozet.

Maudu’ai masu dangantaka: Christine LagardeECBItalyRashaUkraineAmurka