{"id":120176,"date":"2026-07-23T17:00:24","date_gmt":"2026-07-23T14:00:24","guid":{"rendered":"https:\/\/ekonomigundemi.com.tr\/index.php\/2026\/07\/23\/ecb-faizleri-sabit-tuttu-enerji-fiyatlari-ve-enflasyon-riskleri-izleniyor"},"modified":"2026-07-23T17:00:24","modified_gmt":"2026-07-23T14:00:24","slug":"ecb-faizleri-sabit-tuttu-enerji-fiyatlari-ve-enflasyon-riskleri-izleniyor","status":"publish","type":"post","link":"https:\/\/ekonomigundemi.com.tr\/index.php\/2026\/07\/23\/ecb-faizleri-sabit-tuttu-enerji-fiyatlari-ve-enflasyon-riskleri-izleniyor\/","title":{"rendered":"ECB faizleri sabit tuttu, enerji fiyatlar\u0131 ve enflasyon riskleri izleniyor"},"content":{"rendered":"<p>\u0130kon Menkul taraf\u0131ndan yay\u0131mlanan de\u011ferlendirmede, ECB&#8217;nin temmuz toplant\u0131s\u0131nda mevduat faizini y\u00fczde 2,25, ana refinansman faizini y\u00fczde 2,40 ve marjinal fonlama faizini y\u00fczde 2,65 seviyesinde korudu\u011fu belirtildi.<\/p>\n<p>Haziran ay\u0131ndaki faiz art\u0131r\u0131m\u0131n\u0131n ard\u0131ndan ECB&#8217;nin enerji \u015fokunun enflasyon ve b\u00fcy\u00fcme \u00fczerindeki etkilerini izlemeyi tercih etti\u011fi aktar\u0131lan de\u011ferlendirmede, karar metninde enerji fiyatlar\u0131n\u0131n haziran ay\u0131 projeksiyonlar\u0131na yak\u0131n seyretti\u011fi ancak Orta Do\u011fu&#8217;daki \u00e7at\u0131\u015fmalar \u00f6ncesine g\u00f6re y\u00fcksek kald\u0131\u011f\u0131n\u0131n ifade edildi\u011fi kaydedildi. De\u011ferlendirmede, enerji \u015fokunun enflasyona tam ge\u00e7i\u015finin hen\u00fcz ger\u00e7ekle\u015fmedi\u011fi vurgulan\u0131rken, dolayl\u0131 ve ikinci tur etkilerin yak\u0131ndan takip edilece\u011finin belirtildi\u011fi aktar\u0131ld\u0131.<\/p>\n<p>ECB Ba\u015fkan\u0131 Christine Lagarde&#8217;\u0131n enflasyonun 2027 y\u0131l\u0131n\u0131n ilk yar\u0131s\u0131nda da y\u00fczde 2 hedefinin belirgin \u00fczerinde kalabilece\u011fini s\u00f6yledi\u011fi belirtilen de\u011ferlendirmede, enerji maliyetlerinin sat\u0131\u015f fiyatlar\u0131na yans\u0131maya devam etti\u011fini ancak \u00fccret art\u0131\u015flar\u0131n\u0131n \u0131l\u0131ml\u0131 seyretti\u011fini ve \u015fu a\u015famada belirgin bir \u00fccret-fiyat sarmal\u0131 g\u00f6r\u00fclmedi\u011fini ifade etti\u011fi kaydedildi.<\/p>\n<p>Ekonomik aktiviteye ili\u015fkin de\u011ferlendirmede ise enerji bask\u0131s\u0131na ra\u011fmen ikinci \u00e7eyrekte s\u0131n\u0131rl\u0131 iyile\u015fme sinyalleri bulundu\u011fu belirtildi. Hizmet sekt\u00f6r\u00fcn\u00fcn bilgi teknolojileri, imalat sekt\u00f6r\u00fcn\u00fcn ise stoklama ve savunma harcamalar\u0131n\u0131n deste\u011fiyle diren\u00e7li kald\u0131\u011f\u0131 aktar\u0131lan de\u011ferlendirmede, y\u00fcksek enerji maliyetleri, jeopolitik belirsizlikler ve s\u0131k\u0131 finansman ko\u015fullar\u0131 nedeniyle b\u00fcy\u00fcme risklerinin a\u015fa\u011f\u0131 y\u00f6nl\u00fc kalmaya devam etti\u011fi ifade edildi.<\/p>\n<p>ECB&#8217;nin faizleri sabit tutma karar\u0131n\u0131 oy birli\u011fiyle ald\u0131\u011f\u0131 belirtilen de\u011ferlendirmede, baz\u0131 \u00fcyelerin yeni bir faiz art\u0131r\u0131m\u0131n\u0131n gerekip gerekmedi\u011fini de\u011ferlendirdi\u011fi aktar\u0131ld\u0131. De\u011ferlendirmede, ECB&#8217;nin belirli bir faiz patikas\u0131na ba\u011fl\u0131 olmad\u0131\u011f\u0131n\u0131, kararlar\u0131n\u0131 toplant\u0131dan toplant\u0131ya ve verilere ba\u011fl\u0131 \u015fekilde alaca\u011f\u0131n\u0131 yineledi\u011fi belirtildi. Eyl\u00fcl toplant\u0131s\u0131na kadar a\u00e7\u0131klanacak iki enflasyon verisi ile b\u00fcy\u00fcme tahminlerinin sonraki ad\u0131m a\u00e7\u0131s\u0131ndan belirleyici olaca\u011f\u0131 kaydedildi.<\/p>\n<p>\u0130kon Menkul de\u011ferlendirmesinde, karar\u0131n faizlerin sabit tutulmas\u0131na ra\u011fmen \u015fahin bir bekle-g\u00f6r yakla\u015f\u0131m\u0131 ortaya koydu\u011fu ifade edildi. ECB&#8217;nin enerji \u015fokuna kar\u015f\u0131 hemen yeni bir faiz art\u0131r\u0131m\u0131na gitmedi\u011fi ancak s\u0131k\u0131la\u015fma d\u00f6ng\u00fcs\u00fcn\u00fcn sona erdi\u011fine ili\u015fkin bir mesaj da vermedi\u011fi belirtilen de\u011ferlendirmede, enerji fiyatlar\u0131n\u0131n y\u00fcksek kalmas\u0131 ve \u00e7ekirdek enflasyonun h\u0131zlanmas\u0131 halinde eyl\u00fcl ay\u0131nda faiz art\u0131r\u0131m\u0131n\u0131n g\u00fcndeme gelebilece\u011fi, b\u00fcy\u00fcmedeki zay\u0131flama ve \u00fccret bask\u0131lar\u0131n\u0131n s\u0131n\u0131rl\u0131 kalmas\u0131n\u0131n ise bekleme s\u00fcresini uzatabilece\u011fi aktar\u0131ld\u0131.<\/p>\n<p> <strong><\/strong><br \/>\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u0130stanbul, 23 Temmuz (Hibya) \u2013 \u0130kon Menkul, Avrupa Merkez Bankas\u0131&#8217;n\u0131n (ECB) temmuz ay\u0131 faiz karar\u0131na ili\u015fkin de\u011ferlendirmesinde, Banka&#8217;n\u0131n politika faizlerini sabit tuttu\u011funu ancak enerji fiyatlar\u0131 ve enflasyon riskleri nedeniyle \u015fahin bir bekle-g\u00f6r yakla\u015f\u0131m\u0131 sergiledi\u011fini a\u00e7\u0131klad\u0131.<\/p>\n","protected":false},"author":1,"featured_media":120177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[12,4,1,9],"tags":[],"class_list":["post-120176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-spor","category-dunya","category-ekonomi","category-manset"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/120176","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=120176"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/120176\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/120177"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=120176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=120176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=120176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}