Pusula Yat\u0131r\u0131m\u2019\u0131n de\u011ferlendirmesine g\u00f6re k\u00fcresel piyasalarda merkez bankalar\u0131n\u0131n para politikas\u0131 duru\u015fu ve makroekonomik veriler fiyatlamalar \u00fczerinde belirleyici olmaya devam ediyor.<\/p>\n
Federal Reserve\u2019in 27-28 Ocak tarihli toplant\u0131 tutanaklar\u0131, yetkililerin b\u00fcy\u00fck \u00e7o\u011funlu\u011funun yeni faiz indirimleri konusunda acele edilmemesi gerekti\u011fi g\u00f6r\u00fc\u015f\u00fcnde birle\u015fti\u011fini ortaya koydu. \u0130\u015f g\u00fcc\u00fc piyasas\u0131ndaki istikrar ve ocak ay\u0131nda 130 bin ki\u015filik istihdam art\u0131\u015f\u0131, temkinli duru\u015fun temel gerek\u00e7eleri aras\u0131nda yer ald\u0131.<\/p>\n
Politika faizinin y\u00fczde 3,6 seviyesinde sabit tutuldu\u011fu toplant\u0131da, enflasyonun bankan\u0131n tercih etti\u011fi g\u00f6stergeye g\u00f6re y\u0131ll\u0131k yakla\u015f\u0131k y\u00fczde 3 d\u00fczeyinde seyretmesi ve i\u015fsizlik oran\u0131n\u0131n y\u00fczde 4,3\u2019e gerilemesi komite i\u00e7inde g\u00f6r\u00fc\u015f ayr\u0131l\u0131klar\u0131n\u0131 derinle\u015ftirdi. Baz\u0131 \u00fcyeler faiz indirimlerinin s\u00fcrmesini savunurken, baz\u0131lar\u0131 mevcut seviyelerin bir s\u00fcre daha korunmas\u0131 gerekti\u011fini dile getirdi. Tutanaklarda en dikkat \u00e7ekici unsur ise enflasyonun y\u00fczde 2 hedefinin \u00fczerinde kalmas\u0131 halinde bir sonraki ad\u0131m\u0131n faiz art\u0131\u015f\u0131 olabilece\u011fine dair ihtimalin ilk kez a\u00e7\u0131k \u015fekilde tart\u0131\u015f\u0131lmas\u0131 oldu.<\/p>\n
ABD\u2019de Yat\u0131r\u0131m Harcamalar\u0131 G\u00fc\u00e7l\u00fc<\/p>\n
ABD Ticaret Bakanl\u0131\u011f\u0131 verilerine g\u00f6re savunma d\u0131\u015f\u0131 ve u\u00e7ak hari\u00e7 temel sermaye mal\u0131 sipari\u015fleri aral\u0131k ay\u0131nda y\u00fczde 0,6 artarak beklentileri a\u015ft\u0131. S\u00f6z konusu \u00fcr\u00fcnlerin sevkiyatlar\u0131 da ayl\u0131k bazda y\u00fczde 0,9 y\u00fckseldi.<\/p>\n
Gecikmeli yay\u0131mlanan rapor, \u00f6zellikle yapay zeka yat\u0131r\u0131mlar\u0131n\u0131n tetikledi\u011fi veri merkezi talebiyle i\u015fletme ekipman harcamalar\u0131n\u0131n \u00fcst \u00fcste d\u00f6rd\u00fcnc\u00fc \u00e7eyrekte de b\u00fcy\u00fcmesini s\u00fcrd\u00fcrd\u00fc\u011f\u00fcn\u00fc teyit etti. G\u00fcmr\u00fck tarifelerinin imalat sekt\u00f6r\u00fc \u00fczerinde bask\u0131 olu\u015fturmas\u0131na kar\u015f\u0131n ekonomistler, 2026 y\u0131l\u0131nda tarifelere ili\u015fkin belirsizli\u011fin azalmas\u0131yla daha geni\u015f \u00e7apl\u0131 bir toparlanma bekliyor. ABD ekonomisinin \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrekteki y\u00fczde 4,4\u2019l\u00fck b\u00fcy\u00fcmenin ard\u0131ndan d\u00f6rd\u00fcnc\u00fc \u00e7eyre\u011fi y\u0131ll\u0131k y\u00fczde 3,0 b\u00fcy\u00fcme h\u0131z\u0131yla tamamlad\u0131\u011f\u0131 tahmin ediliyor.<\/p>\n
\u0130ngiltere\u2019de Enflasyon Geriledi<\/p>\n
Office for National Statistics verilerine g\u00f6re Birle\u015fik Krall\u0131k\u2019ta y\u0131ll\u0131k enflasyon ocak ay\u0131nda y\u00fczde 3\u2019e gerileyerek Mart 2025\u2019ten bu yana en d\u00fc\u015f\u00fck seviyesine indi. \u00c7ekirdek enflasyon ise y\u00fczde 3,1\u2019e d\u00fc\u015ft\u00fc.<\/p>\n
Petrol fiyatlar\u0131ndaki gerileme, hava yolu \u00fccretlerindeki d\u00fc\u015f\u00fc\u015f ve g\u0131da kalemlerindeki fiyat azal\u0131\u015flar\u0131 enflasyondaki yava\u015flamada etkili olurken; otel konaklamalar\u0131 ve paket servis maliyetlerindeki art\u0131\u015f d\u00fc\u015f\u00fc\u015f\u00fc s\u0131n\u0131rlad\u0131. \u0130\u015fsizlik oran\u0131n\u0131n aral\u0131k ay\u0131nda y\u00fczde 5,2 ile son be\u015f y\u0131l\u0131n en y\u00fcksek seviyesine \u00e7\u0131kmas\u0131 ve ekonominin d\u00f6rd\u00fcnc\u00fc \u00e7eyrekte yaln\u0131zca y\u00fczde 0,1 b\u00fcy\u00fcmesi, zay\u0131f g\u00f6r\u00fcn\u00fcm\u00fc destekledi. Bu tablo, Bank of England\u2019\u0131n enflasyonu nisan ay\u0131na kadar y\u00fczde 2 hedefine yakla\u015ft\u0131raca\u011f\u0131 beklentilerini g\u00fc\u00e7lendirirken, mart toplant\u0131s\u0131nda politika faizinde indirim ihtimalini art\u0131r\u0131yor.<\/p>\n
Yeni Zelanda Merkez Bankas\u0131\u2019ndan Temkinli Duru\u015f<\/p>\n
Reserve Bank of New Zealand (RBNZ), politika faizini beklentilere paralel olarak y\u00fczde 2,25 seviyesinde sabit b\u0131rakt\u0131. Banka, ekonomideki at\u0131l kapasite ve y\u00fczde -1,5 d\u00fczeyindeki \u00e7\u0131kt\u0131 a\u00e7\u0131\u011f\u0131na ra\u011fmen enflasyonun gelecek y\u0131l y\u00fczde 2 hedefine d\u00f6nece\u011fine y\u00f6nelik g\u00fcvenini korudu.<\/p>\n
RBNZ, faiz art\u0131\u015f d\u00f6ng\u00fcs\u00fcne ili\u015fkin beklentisini 2026\u2019n\u0131n son \u00e7eyre\u011fine \u00e7ekerek \u00f6nceki \u00f6ng\u00f6r\u00fcs\u00fcnden daha erken bir takvim i\u015faret etse de piyasalar\u0131n bekledi\u011finden daha s\u0131n\u0131rl\u0131 ve kademeli bir s\u0131k\u0131la\u015fma patikas\u0131 \u00e7iziyor. Mevcut projeksiyonlar faiz oran\u0131n\u0131n 2028\u2019e kadar y\u00fczde 3 seviyesine ula\u015faca\u011f\u0131n\u0131 g\u00f6sterirken, d\u00fc\u015f\u00fck faiz ortam\u0131nda kredi yenilemelerinin hanehalk\u0131 harcamalar\u0131n\u0131 art\u0131rma riski nedeniyle ger\u00e7ek faiz art\u0131\u015flar\u0131n\u0131n tahmin edilenden daha erken ve g\u00fc\u00e7l\u00fc olabilece\u011fi de\u011ferlendiriliyor.<\/p>\n
\u00a0<\/p>\n
<\/strong> Pusula Yat\u0131r\u0131m\u2019\u0131n de\u011ferlendirmesine g\u00f6re k\u00fcresel piyasalarda merkez bankalar\u0131n\u0131n para politikas\u0131 duru\u015fu ve makroekonomik veriler fiyatlamalar \u00fczerinde belirleyici olmaya devam ediyor.<\/p>\n","protected":false},"author":1,"featured_media":49615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[12,4,1],"tags":[],"class_list":["post-49614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-spor","category-dunya","category-ekonomi"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/49614","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=49614"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/49614\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/49615"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=49614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=49614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=49614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"