{"id":31222,"date":"2021-12-16T05:16:00","date_gmt":"2021-12-16T05:16:00","guid":{"rendered":"https:\/\/haberglobal.com.tr\/ekonomi\/amerikan-merkez-bankasi-kararinin-anlami-ne-turkiyeyi-nasil-etkiler-149154"},"modified":"2021-12-16T05:16:00","modified_gmt":"2021-12-16T05:16:00","slug":"amerikan-merkez-bankasi-kararinin-anlami-ne-turkiyeyi-nasil-etkiler","status":"publish","type":"post","link":"https:\/\/istanbulchannel.net\/index.php\/2021\/12\/16\/amerikan-merkez-bankasi-kararinin-anlami-ne-turkiyeyi-nasil-etkiler\/","title":{"rendered":"Amerikan Merkez Bankas\u0131 karar\u0131n\u0131n anlam\u0131 ne? T\u00fcrkiye’yi nas\u0131l etkiler?"},"content":{"rendered":"

<\/p>\n

Amerikan Merkez Bankas\u0131 beklenen a\u00e7\u0131klamay\u0131 yaparak faiz art\u0131r\u0131m\u0131 sinyali verdi. ABD\u2019de dolar\u0131n faizinin artmas\u0131 hem piyasadaki dolar<\/a> miktar\u0131n\u0131n k\u0131s\u0131lmas\u0131 hem de y\u00fcksek faiz getirisi sebebiyle yurt d\u0131\u015f\u0131ndaki paran\u0131n \u00fclkeye d\u00f6nmesi anlam\u0131na gelebiliyor. Bu sebepten T\u00fcrkiye gibi geli\u015fmekte olan \u00fclke piyasalar\u0131 i\u00e7in bu karar \u00e7ok \u00f6nemli.<\/p>\n

Amerikan Merkez Bankas\u0131 d\u00fcn ak\u015fam ABD\u2019de enflasyon 31 y\u0131l\u0131n zirvesine \u00e7\u0131kt\u0131ktan sonra beklendi\u011fi \u00fczere faiz art\u0131\u015f\u0131 yapma tahmininde bulundu ancak bu art\u0131\u015flar\u0131n adedi dikkat \u00e7ekti. Fed aylard\u0131r kendi \u00fclkesinde tedarik krizi kaynakl\u0131 ya\u015fanan enflasyonun kendi kendine dengeye oturaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcn\u00fcyordu.<\/p>\n

D\u00fcnk\u00fc toplant\u0131 sonras\u0131 Fed\u2019in ekonomileri desteklemek i\u00e7in varl\u0131k al\u0131m program\u0131n\u0131 da Haziran yerine Mart\u2019ta sonland\u0131raca\u011f\u0131 kesinle\u015fmi\u015f oldu. Ba\u015fkan Jerome Powell\u2019\u0131n a\u00e7\u0131klamalar\u0131na g\u00f6re; Fed\u2019in ilk faiz art\u0131r\u0131m\u0131n\u0131 \u00f6n\u00fcm\u00fczdeki y\u0131l\u0131n mart ay\u0131n\u0131n ortalar\u0131nda yapmas\u0131 bekleniyor.<\/span><\/strong><\/p>\n

‘R\u0130SK \u0130LE BA\u015e ETME’<\/strong><\/h3>\n

Amerikan Merkez Bankas\u0131 Ba\u015fkan\u0131 d\u00fczenledi\u011fi toplant\u0131da a\u00e7\u0131k a\u00e7\u0131k y\u00fcksek enflasyonun \u00fclkesi i\u00e7in b\u00fcy\u00fck bir risk oldu\u011funun alt\u0131n\u0131 \u00e7izdi. Powell varl\u0131k al\u0131m program\u0131n\u0131 azaltmaya ili\u015fkin olarak, enflasyon tehlikesine dikkat \u00e7ekti ve \u201cBug\u00fcnk\u00fc hamlemizin alt\u0131nda bu risk ile ba\u015f etme d\u00fcrt\u00fcs\u00fc yat\u0131yor\u201d dedi.<\/span><\/strong><\/p>\n

120 milyar dolarl\u0131k ayl\u0131k varl\u0131k al\u0131m program\u0131 ayl\u0131k 30 milyar dolara kadar d\u00fc\u015f\u00fcr\u00fclecek, daha sonra da s\u0131f\u0131rlanacak. ABD\u2019de Merkez Bankas\u0131 y\u0131llard\u0131r y\u00fczde 2 enflasyon hedefine g\u00f6re faizleri ayarl\u0131yor.<\/span> <\/strong>Bu da faizlerin uzun s\u00fcredir y\u00fczde 0-0,25 aras\u0131nda olmas\u0131na sebep oluyordu.<\/p>\n

Bu d\u00fc\u015f\u00fck faizler istihdam piyasas\u0131 i\u00e7in de olumlu ancak ABD\u2019de \u015fu an elini kolunu sallayan i\u015f buluyor dense yeri. Bu sebeple i\u015f d\u00fcnyas\u0131 da d\u00fc\u015f\u00fck faize ek bir talep yaratm\u0131yor. ABD\u2019de \u015eubat 2020\u2019ye g\u00f6re 3.9 milyon daha az insan \u00e7al\u0131\u015f\u0131yor fakat bu \u00e7al\u0131\u015fmayan insanlar\u0131n bir k\u0131sm\u0131n\u0131n pandemi sebebiyle emekli oldu\u011fu bir k\u0131sm\u0131n\u0131n da devlet yard\u0131mlar\u0131 yeterli geldi\u011fi i\u00e7in \u00e7al\u0131\u015fmad\u0131\u011f\u0131 d\u00fc\u015f\u00fcn\u00fcl\u00fcyor.<\/span><\/strong><\/p>\n

25 BAZ PUAN ARTI\u015eLAR<\/strong><\/h3>\n

ABD\u2019de y\u0131ll\u0131k enflasyonun \u00f6n\u00fcm\u00fczdeki y\u0131l y\u00fczde 2,7\u2019ye, 2024\u2019te ise y\u00fczde 2,1\u2019e inmesi bekleniyor. D\u00fcn yap\u0131lan a\u00e7\u0131klamaya g\u00f6re; 18 Fed yetkilisi faizlerin \u00f6n\u00fcm\u00fczdeki y\u0131l artmas\u0131n\u0131 bekliyor. Yetkililerin \u00e7o\u011fu bu art\u0131\u015flar\u0131n 25\u2019er baz puan \u015feklinde ger\u00e7ekle\u015fmesini \u00f6ng\u00f6r\u00fcyor.<\/span><\/strong><\/p>\n

Uzmanlara g\u00f6re; ABD ekonomisinin \u00f6n\u00fcndeki en b\u00fcy\u00fck tehlikelerden biri Merkez Bankas\u0131 faiz art\u0131rd\u0131k\u00e7a \u00fclkede fiyatlar\u0131n da y\u00fckselmeye devam etmesi ve maa\u015flar\u0131n, y\u00fckselen fiyatlara paralel olarak her y\u0131l y\u00fcksek faize ra\u011fmen s\u00fcrekli artmas\u0131. Bunun bir maa\u015f-fiyat k\u0131s\u0131r d\u00f6ng\u00fcs\u00fc yaratmas\u0131ndan endi\u015fe ediliyor.<\/span><\/strong><\/p>\n

Amerikan Merkez Bankas\u0131 2023 sonuna kadar toplamda 6 faiz art\u0131\u015f\u0131 bekliyor. Bu d\u00fcnya genelinde ucuz dolar d\u00f6neminin sonu anlam\u0131na gelmekte.<\/span><\/strong><\/p>\n

ALTINA DOLARA ETK\u0130S\u0130 NE OLDU?<\/strong><\/h3>\n

Fed\u2019in karar\u0131n\u0131n ard\u0131ndan gram alt\u0131n\u0131n fiyat\u0131 850 TL\u2019yi a\u015ft\u0131. Dolar\/TL ise rekor k\u0131rarak 15 seviyesini a\u015ft\u0131. Fed\u2019in faizler \u00fczerinde bir hamle yapaca\u011f\u0131 da varl\u0131k al\u0131m program\u0131n\u0131 azaltaca\u011f\u0131 da s\u00fcrpriz de\u011fildi. Amerikan Merkez Bankas\u0131 Ba\u015fkan\u0131 Powell da konu\u015fmas\u0131n\u0131n ba\u015f\u0131nda, \u201cEkonominin art\u0131k destekleyici politikalara ihtiyac\u0131 yok\u201d<\/span> <\/strong>a\u00e7\u0131klamas\u0131nda bulundu.<\/p>\n

\ud83d\udde8YORUMLAR<\/strong><\/h3>\n

Profes\u00f6r Selva Demiralp:<\/strong> <\/span>Fed\u2019in ge\u00e7ti\u011fimiz haftalarda duru\u015funun de\u011fi\u015fti\u011fini g\u00f6rd\u00fck. Fed uzunca bir s\u00fcredir bize ‘enflasyon ge\u00e7ici’ diyordu. Faiz art\u0131r\u0131m\u0131 i\u00e7in ‘istihdama bakaca\u011f\u0131z’ diyorlard\u0131. Bundan sonra bu s\u00f6ylemden geri ad\u0131m att\u0131lar. “Biz Omicron\u2019u tahmin edemedik bu beklentilere yans\u0131d\u0131” dedi, Fed ba\u015fkan\u0131. Bu a\u015famadan sonra faiz art\u0131r\u0131mlar\u0131nda geride kal\u0131rlarsa ekonomide fazla s\u0131k\u0131la\u015fabiliriz diyorlar. Bekledi\u011fimden de \u015fahin. T\u00fcrkiye i\u00e7in bundan sonra zor g\u00fcnler bizi bekliyor diyebiliriz.<\/p>\n

A1 Capital Genel M\u00fcd\u00fcr Yard\u0131mc\u0131s\u0131 Mete Y\u00fcksel:<\/strong> <\/span>Beni \u015fa\u015f\u0131rtt\u0131. Dow Jones, Nasdaq toparl\u0131yor, piyasa sanki sevdi gibi. Bu i\u015fsizlik tahminini indirdi. Fed \u00fcyeleri \u015fahinle\u015fmi\u015f gibi g\u00f6r\u00fcnmesine ra\u011fmen borsalar\u0131n biraz daha toparl\u0131yor olmas\u0131 sonucun sevildi\u011fini g\u00f6steriyor.<\/p>\n

 Kaynaklar: Wall Street Journal, Reuters, Bloomberg HT<\/strong><\/p>\n

\"Politika<\/p>\n

Kaynak: Web \u00d6zel<\/p>\n","protected":false},"excerpt":{"rendered":"

Amerikan Merkez Bankas\u0131 Ba\u015fkan\u0131 Jerome Powell, beklendi\u011fi gibi faiz art\u0131\u015f sinyali verdi ancak \u00f6n\u00fcm\u00fczdeki iki y\u0131l i\u00e7in planlanan toplam alt\u0131…<\/p>\n","protected":false},"author":2,"featured_media":31223,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,185],"tags":[],"class_list":["post-31222","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","category-manset"],"_links":{"self":[{"href":"https:\/\/istanbulchannel.net\/index.php\/wp-json\/wp\/v2\/posts\/31222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/istanbulchannel.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/istanbulchannel.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/istanbulchannel.net\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/istanbulchannel.net\/index.php\/wp-json\/wp\/v2\/comments?post=31222"}],"version-history":[{"count":0,"href":"https:\/\/istanbulchannel.net\/index.php\/wp-json\/wp\/v2\/posts\/31222\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/istanbulchannel.net\/index.php\/wp-json\/wp\/v2\/media\/31223"}],"wp:attachment":[{"href":"https:\/\/istanbulchannel.net\/index.php\/wp-json\/wp\/v2\/media?parent=31222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/istanbulchannel.net\/index.php\/wp-json\/wp\/v2\/categories?post=31222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/istanbulchannel.net\/index.php\/wp-json\/wp\/v2\/tags?post=31222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}