A1 Capital’in g\u00fcnl\u00fck b\u00fclteninde yer alan de\u011ferlendirmeye g\u00f6re, Goldman Sachs ve Morgan Stanley, T\u00fcrkiye ekonomisine ili\u015fkin analizlerinde farkl\u0131 ba\u015fl\u0131klara odaklansalar da benzer sonu\u00e7lara ula\u015ft\u0131.<\/p>\n
Her iki kurum da enflasyon, d\u0131\u015f denge ve k\u00fcresel riskler nedeniyle T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131’n\u0131n (TCMB) faiz indirimlerinde beklenenden daha temkinli hareket edece\u011fi g\u00f6r\u00fc\u015f\u00fcn\u00fc payla\u015ft\u0131.<\/p>\n
Goldman Sachs, T\u00fcrkiye’nin d\u0131\u015f ticaretindeki bozulman\u0131n art\u0131k yaln\u0131zca enerji fiyatlar\u0131 ya da g\u00fc\u00e7l\u00fc i\u00e7 talepten kaynaklanmad\u0131\u011f\u0131n\u0131 belirterek, ihracatta rekabet g\u00fcc\u00fcn\u00fcn zay\u0131flamas\u0131n\u0131 yap\u0131sal bir sorun olarak de\u011ferlendirdi.<\/p>\n
Artan \u00fcretim maliyetleri nedeniyle T\u00fcrkiye’nin \u00f6zellikle ara mal\u0131 ihracat\u0131nda \u00c7in’e, t\u00fcketim mallar\u0131nda ise Polonya, \u00c7ekya ve Romanya gibi Avrupa \u00fclkelerine pazar pay\u0131 kaybetti\u011fine dikkat \u00e7ekildi. Kurum, TL’nin kontroll\u00fc \u015fekilde de\u011fer kaybetmesine izin verilebilece\u011fini ancak bunun y\u00fcksek faiz politikas\u0131yla desteklenmesi gerekti\u011fini ifade etti.<\/p>\n
Morgan Stanley ise petrol fiyatlar\u0131ndaki y\u00fckseli\u015f ve jeopolitik risklerin enflasyon \u00fczerinde yeniden bask\u0131 olu\u015fturabilece\u011fini belirtti. T\u00fcrkiye’nin enerji ithalat\u0131na ba\u011f\u0131ml\u0131l\u0131\u011f\u0131 nedeniyle petrol fiyatlar\u0131ndaki kal\u0131c\u0131 art\u0131\u015f\u0131n \u00fcretim maliyetlerini ve t\u00fcketici enflasyonunu yukar\u0131 \u00e7ekebilece\u011fini vurgulayan kurum, bu nedenle TCMB’nin h\u0131zl\u0131 bir faiz indirim s\u00fcrecine girmesinin zor olaca\u011f\u0131n\u0131 de\u011ferlendirdi.<\/p>\n
A1 Capital analizinde, iki kurumun farkl\u0131 gerek\u00e7elerle ayn\u0131 sonuca ula\u015ft\u0131\u011f\u0131 belirtilerek, T\u00fcrkiye ekonomisinin enflasyonla m\u00fccadele, ihracat\u0131n rekabet g\u00fcc\u00fc ve cari denge aras\u0131nda hassas bir denge kurmaya \u00e7al\u0131\u015ft\u0131\u011f\u0131 ifade edildi. Raporda, faizlerin piyasa beklentilerinden daha uzun s\u00fcre y\u00fcksek seviyelerde kalabilece\u011fi \u00f6ng\u00f6r\u00fcs\u00fcn\u00fcn \u00f6ne \u00e7\u0131kt\u0131\u011f\u0131 kaydedildi.<\/p>\n
B\u00fcltende ayr\u0131ca, ABD Ba\u015fkan\u0131 Donald Trump’\u0131n yeni g\u00fcmr\u00fck tarifeleri haz\u0131rl\u0131\u011f\u0131nda oldu\u011funa y\u00f6nelik a\u00e7\u0131klamalar\u0131na da yer verildi.<\/p>\n
K\u00fcresel ticarette korumac\u0131 politikalar\u0131n kal\u0131c\u0131 hale gelmesi durumunda, enflasyonun yeniden y\u00fckselmesi ve k\u00fcresel b\u00fcy\u00fcmenin yava\u015flamas\u0131 riskine dikkat \u00e7ekildi. Bu geli\u015fmelerin \u00f6zellikle otomotiv, sanayi, teknoloji, tekstil ve lojistik sekt\u00f6rlerinde faaliyet g\u00f6steren \u015firketler \u00fczerinde bask\u0131 olu\u015fturabilece\u011fi ifade edildi.<\/p>\n
A1 Capital’e g\u00f6re, k\u00fcresel risk i\u015ftah\u0131ndaki olas\u0131 bozulma, dolar\u0131n g\u00fc\u00e7lenmesi ve enerji fiyatlar\u0131ndaki oynakl\u0131k T\u00fcrkiye ekonomisi a\u00e7\u0131s\u0131ndan \u00f6n\u00fcm\u00fczdeki d\u00f6nemde yak\u0131ndan izlenecek ba\u015fl\u0131ca risk unsurlar\u0131 aras\u0131nda yer al\u0131yor.<\/p>\n
<\/strong> \u0130stanbul, 22 Temmuz (Hibya) – A1 Capital’in g\u00fcnl\u00fck b\u00fclteninde yer alan de\u011ferlendirmeye g\u00f6re, Goldman Sachs ve Morgan Stanley, T\u00fcrkiye ekonomisine ili\u015fkin analizlerinde farkl\u0131 ba\u015fl\u0131klara odaklansalar da benzer sonu\u00e7lara ula\u015ft\u0131.<\/p>\n","protected":false},"author":1,"featured_media":118999,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[4,1,9],"tags":[],"class_list":["post-118998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dunya","category-ekonomi","category-manset"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/118998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/comments?post=118998"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/118998\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/118999"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=118998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=118998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=118998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"