{"id":14518,"date":"2023-05-15T17:31:30","date_gmt":"2023-05-15T17:31:30","guid":{"rendered":"https:\/\/www.h2o-am.com\/le-nouveau-casse-tete-des-banques-centrales-2\/"},"modified":"2026-03-02T12:06:39","modified_gmt":"2026-03-02T12:06:39","slug":"le-nouveau-casse-tete-des-banques-centrales-2","status":"publish","type":"post","link":"https:\/\/www.h2o-am.com\/fr\/le-nouveau-casse-tete-des-banques-centrales-2\/","title":{"rendered":"<i aria-hidden=\"true\" class=\"fas fa-crown\" style=\"color:#a69874;font-size:18px;margin-right:10px\"><\/i>Le nouveau casse-t\u00eate des banques centrales"},"content":{"rendered":"\n\n\t\t<div class=\"wppdfemb-frame-container-1\" style=\"-webkit-overflow-scrolling:auto;\">\n\t\t\t<iframe class=\"pdfembed-iframe nonfullscreen wppdf-emb-iframe-1\"\n\t\t\t\tsrc=\"https:\/\/www.h2o-am.com\/fr\/?pdfemb-data=eyJ1cmwiOiJodHRwczpcL1wvd3d3Lmgyby1hbS5jb21cL3dwLWNvbnRlbnRcL3VwbG9hZHNcLzIwMjRcLzAzXC8yMDIzLjA1LjE1LUgyTy1BTS1NYXJrZXQtVnVlcy1Qb3NpdGlvbmluZy5wZGYiLCJpbmRleCI6MSwicGRmSUQiOjgxMTh9\"\n\t\t\t\tdata-pdf-id=\"8118\"\n\t\t\t\tdata-pdf-index=\"1\"\n\t\t\t\tstyle=\"border:none;width:100%;max-width:100%;height:100vh;\"\n\t\t\t\tscrolling=\"yes\">\n\t\t\t<\/iframe>\n\t\t<\/div>\n\n\t\t\n","protected":false},"excerpt":{"rendered":"<p>Le stress bancaire du mois de mars a \u00e9t\u00e9 un bon test pour l&rsquo;\u00e9conomie mondiale : il a prouv\u00e9 l&rsquo;absence de canaux de contagion viables qui auraient pu acc\u00e9l\u00e9rer la r\u00e9cession \u00e0 laquelle sont confront\u00e9es la plupart des \u00e9conomies en phase de fin de cycle \u00e9conomique. Les d\u00e9p\u00f4ts am\u00e9ricains sont transf\u00e9r\u00e9s des banques en faillite vers des institutions aux bilans plus solides, ce qui consolide encore le secteur, avec un impact marginal sur les normes de cr\u00e9dit des banques \u00e0 grande capitalisation, au-del\u00e0 des mesures prises par la Fed pour restreindre les liquidit\u00e9s. En Europe, l&rsquo;enqu\u00eate sur les pr\u00eats bancaires dans la zone euro (BLS) a indiqu\u00e9 que, bien que le rythme du resserrement financier ait consid\u00e9rablement augment\u00e9, les conditions de resserrement ne se sont pas acc\u00e9l\u00e9r\u00e9es \u00e0 la suite des r\u00e9centes tensions bancaires. Outre la d\u00e9termination des r\u00e9gulateurs \u00e0 d\u00e9ployer des mesures macroprudentielles rapides, l&rsquo;absence de risque syst\u00e9mique trouve \u00e9galement son origine dans la solidit\u00e9 des bilans des agents \u00e9conomiques, ce qui souligne la capacit\u00e9 des m\u00e9nages et des entreprises \u00e0 faire face \u00e0 des conditions financi\u00e8res plus strictes.     <\/p>\n","protected":false},"author":10,"featured_media":2723,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[228,229],"tags":[],"class_list":["post-14518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marches-fr","category-tous"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/posts\/14518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/comments?post=14518"}],"version-history":[{"count":1,"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/posts\/14518\/revisions"}],"predecessor-version":[{"id":14521,"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/posts\/14518\/revisions\/14521"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/media\/2723"}],"wp:attachment":[{"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/media?parent=14518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/categories?post=14518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/tags?post=14518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}