Yollar\u0131n\u0131 g\u00f6zleye g\u00f6zleye bir hal oldu\u011fumuz, her ay \u201cacaba o g\u00fcn, bug\u00fcn m\u00fcd\u00fcr?\u201d diye bekledi\u011fimiz; bu ay kesin faiz artacak derken sonunda operasyon ba\u015flad\u0131, faizler 25 baz puan artt\u0131. Ekonomiye g\u00fcvenin mesaj\u0131na sard\u0131\u011f\u0131 bir k\u0131s\u0131m de\u011ferlendirmeler e\u015fli\u011finde, Yellen\u2019i dinledik. Durgunluk bitti yeniden hareket ba\u015flad\u0131 mesaj\u0131yd\u0131 bu.<\/p>\n
Yellen, iyimser\u2026 \u201cK\u00fcresel riskler azald\u0131\u201d diyor. \u0130\u015fg\u00fcc\u00fc piyasalar\u0131ndan umutlu. G\u00f6stergeleri izleyeceklerini s\u00f6ylerken art\u0131k iyile\u015fmenin ba\u015flad\u0131\u011f\u0131n\u0131 dair \u0131srarl\u0131 olumlu yakla\u015f\u0131m\u0131 devam etmekte idi. Bir yanda parasal geni\u015fleme, \u00f6te yanda y\u00fckselen faiz\u2026<\/p>\n
Petrol fiyatlar\u0131 d\u00fc\u015ft\u00fc\u011f\u00fc i\u00e7in %2 enflasyon hedefinin neden tutmad\u0131\u011f\u0131n\u0131 a\u00e7\u0131klamaya \u00e7al\u0131\u015fan bir Merkez Bankas\u0131 ba\u015fkan\u0131. Yellen\u2019in, elbette her \u015fey yolunda giderken artan talebe ba\u011fl\u0131 bir enflasyon beklentisi, bu d\u00f6nemde bizi \u015fa\u015f\u0131rtmaktad\u0131r.<\/p>\n
Ancak aylard\u0131r artt\u0131rman\u0131n konu\u015fuldu\u011fu b\u00f6yle bir ortamda yap\u0131lan artt\u0131rma \u201cyine artt\u0131rmad\u0131, demesinler\u2026\u201d kabilinden olmu\u015ftur. \u015eu da bir ger\u00e7ek ki ekonomilerin bu beklentiyi daha \u00f6nceden g\u00f6zlemlemesi ba\u015fka bir hassasiyettir. Veriler \u00f6nceden fiyatlanm\u0131\u015f, art\u0131k beklentilerin ger\u00e7ekle\u015fme d\u00f6nemidir.<\/p>\n
Faizi y\u00fckselten ABD Merkez Bankas\u0131n\u0131n kendisine paray\u0131 \u00e7ekmesi beklenir. T\u00fcrkiye gibi piyasalardan\u00a0 dolar \u00e7\u0131k\u0131\u015f\u0131 olaca\u011f\u0131 i\u00e7in de bu \u00fclkelerde dolar k\u0131tl\u0131\u011f\u0131 ya\u015fanmaya ba\u015flar. Bu durum haliyle d\u00f6viz kurunu yukar\u0131 do\u011fru hareketlendirecektir. Dolar\u0131n pahal\u0131lanmas\u0131 \u00fclke i\u00e7inde d\u00f6vizle yap\u0131lan ticaretin de pahal\u0131la\u015fmas\u0131 demektir. D\u00f6vizin \u00fclkeden bu \u00e7\u0131k\u0131\u015f\u0131ndan sonra kur da y\u00fckselir. \u00dclkeler d\u00f6vizi kendi \u00fclkesinde tutmak i\u00e7in faize sar\u0131l\u0131r. Bir k\u0131s\u0131r d\u00f6ng\u00fcye daha girilmi\u015f olur<\/p>\n
Geldik \u00fc\u00e7 taraf\u0131 deniz, d\u00f6rt taraf\u0131 sorun, s\u0131k\u0131nt\u0131, dert ile \u00e7evrili g\u00fczel yurdumuzun bu geli\u015fmeler kar\u015f\u0131s\u0131ndaki tutumuna. Amerika\u2019n\u0131n faiz artt\u0131rd\u0131\u011f\u0131 yerde T\u00fcrkiye gibi sermaye \u00e7\u0131k\u0131\u015f\u0131 beklenen \u00fclkelerin de en az yap\u0131lan artt\u0131r\u0131m kadar faize dokunmas\u0131 beklenir. Ancak ba\u015fka bir ger\u00e7ek var ki FED faizleri zaten daha \u00f6nceki ba\u015fka operasyonlarda test edilmi\u015ftir.<\/p>\n
7 Haziran sonras\u0131 h\u00fck\u00fcmet kurulmas\u0131ndaki belirsizlik en h\u0131zl\u0131 g\u00f6sterge olarak, d\u00f6viz kurunun\u00a0 y\u00fckselmesine sebep olmu\u015ftur. O g\u00fcnlerde 3,10 d\u00fczeylerindeki TL\/Dolar seviyesi k\u0131sa vadeli istikrars\u0131zl\u0131klarla, yeniden bu rakamlara do\u011fru \u00e7\u0131ksa da h\u00fck\u00fcmet politikalar\u0131 ve yap\u0131sal reformlar kuru yeniden 2,90 TL\/Dolar seviyesine indirecektir.<\/p>\n","protected":false},"excerpt":{"rendered":"
Yollar\u0131n\u0131 g\u00f6zleye g\u00f6zleye bir hal oldu\u011fumuz, her ay \u201cacaba o g\u00fcn, bug\u00fcn m\u00fcd\u00fcr?\u201d diye bekledi\u011fimiz; bu ay kesin faiz artacak derken sonunda operasyon ba\u015flad\u0131, faizler 25 baz puan artt\u0131. Ekonomiye g\u00fcvenin mesaj\u0131na sard\u0131\u011f\u0131 bir k\u0131s\u0131m de\u011ferlendirmeler e\u015fli\u011finde, Yellen\u2019i dinledik. Durgunluk bitti yeniden hareket ba\u015flad\u0131 mesaj\u0131yd\u0131 bu. Yellen, iyimser\u2026 \u201cK\u00fcresel riskler azald\u0131\u201d diyor. \u0130\u015fg\u00fcc\u00fc piyasalar\u0131ndan umutlu. […]<\/p>\n","protected":false},"author":1,"featured_media":8012,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[111,1],"tags":[185,186,187],"class_list":["post-8011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","category-genel","tag-fed","tag-kuresel-riskler","tag-petrol-fiyatlari"],"_links":{"self":[{"href":"https:\/\/acarhoca.com\/index.php?rest_route=\/wp\/v2\/posts\/8011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/acarhoca.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/acarhoca.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/acarhoca.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/acarhoca.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8011"}],"version-history":[{"count":1,"href":"https:\/\/acarhoca.com\/index.php?rest_route=\/wp\/v2\/posts\/8011\/revisions"}],"predecessor-version":[{"id":8123,"href":"https:\/\/acarhoca.com\/index.php?rest_route=\/wp\/v2\/posts\/8011\/revisions\/8123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/acarhoca.com\/index.php?rest_route=\/wp\/v2\/media\/8012"}],"wp:attachment":[{"href":"https:\/\/acarhoca.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/acarhoca.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/acarhoca.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}