Pusula Yat\u0131r\u0131m’\u0131n raporunda, Federal Rezerv\u2019in yak\u0131ndan takip etti\u011fi Ki\u015fisel T\u00fcketim Harcamalar\u0131 (PCE) endeksinin, ocak ay\u0131nda g\u0131da ve enerji hari\u00e7 \u00e7ekirdek bazda son iki y\u0131l\u0131n zirvesi olan y\u00fczde 3,1\u2019e y\u00fckselerek enflasyonun diren\u00e7li kalmaya devam etti\u011fini g\u00f6sterdi\u011fi hat\u0131rlat\u0131ld\u0131. Merkez Bankas\u0131\u2019n\u0131n y\u00fczde 2\u2019lik hedefinin olduk\u00e7a \u00fczerinde seyreden bu verinin, \u00f6zellikle konut d\u0131\u015f\u0131 hizmet enflasyonunun y\u00fczde 3,5 ile \u015eubat 2025\u2019ten bu yana en h\u0131zl\u0131 art\u0131\u015f\u0131n\u0131n kaydetmesiyle desteklenirken bu tablonun faiz oranlar\u0131n\u0131n bir s\u00fcre daha sabit tutulmas\u0131 senaryosunu g\u00fc\u00e7lendirdi\u011fi aktar\u0131l\u0131rken \u015fu bilgilere yer verildi:<\/p>\n
“\u0130ran ile ya\u015fanan sava\u015f\u0131n enerji maliyetlerini art\u0131rarak man\u015fet enflasyonu bahar aylar\u0131nda y\u00fczde 3,5 \u2013 y\u00fczde 4 band\u0131na \u00e7ekebilece\u011fi \u00f6ng\u00f6r\u00fclse de Fed\u2019in bu durumu ge\u00e7ici bir arz \u015foku olarak de\u011ferlendirip de\u011ferlendirmeyece\u011fi ve hizmet sekt\u00f6r\u00fcndeki kat\u0131l\u0131k nedeniyle faiz art\u0131r\u0131m\u0131n\u0131 g\u00fcndeme al\u0131p almayaca\u011f\u0131 piyasalar\u0131n temel odak noktas\u0131 haline gelmi\u015ftir. \u015eu an i\u00e7in yat\u0131r\u0131mc\u0131lar faiz indirimi ihtimalini Aral\u0131k ay\u0131na \u00f6telerken bankan\u0131n bu hafta faizleri y\u00fczde 3,5 \u2013 y\u00fczde 3,75 aral\u0131\u011f\u0131nda sabit b\u0131rakmas\u0131 beklenmektedir.<\/p>\n
ABD Ticaret Bakanl\u0131\u011f\u0131\u2019n\u0131n yay\u0131mlad\u0131\u011f\u0131 son verilere g\u00f6re 2025 y\u0131l\u0131n\u0131n son \u00e7eyre\u011finde ekonomik b\u00fcy\u00fcme, h\u00fck\u00fcmet harcamalar\u0131ndaki y\u00fczde 16,7\u2019lik sert d\u00fc\u015f\u00fc\u015f\u00fcn de etkisiyle beklentilerin olduk\u00e7a alt\u0131nda kalarak y\u0131ll\u0131k bazda sadece y\u00fczde 0,7 oran\u0131nda ger\u00e7ekle\u015fmi\u015ftir.<\/p>\n
ABD \u00c7al\u0131\u015fma Bakanl\u0131\u011f\u0131\u2019n\u0131n verilerine g\u00f6re ocak ay\u0131nda i\u015f ilanlar\u0131 beklentileri a\u015farak 6,95 milyona y\u00fckselmi\u015f olsa da Amerikan i\u015f g\u00fcc\u00fc piyasas\u0131 genel bir durgunluk sinyali vermeye devam etmektedir. Aral\u0131k ay\u0131ndaki 6,55 milyonluk seviyeden ger\u00e7ekle\u015fen bu art\u0131\u015fa ra\u011fmen 2025 y\u0131l\u0131 boyunca ayl\u0131k istihdam art\u0131\u015f\u0131n\u0131n ortalama 10.000 ki\u015finin alt\u0131nda kalarak 2002\u2019den bu yana en zay\u0131f d\u00f6nemini ge\u00e7irmesi ve \u015eubat ay\u0131nda 92.000 ki\u015filik i\u015f kayb\u0131 ya\u015fanmas\u0131 piyasada istihdam durgunlu\u011funun devam etti\u011fini g\u00f6stermektedir. Y\u00fcksek faiz oranlar\u0131n\u0131n gecikmeli etkileri, yapay zeka kullan\u0131m\u0131n\u0131n art\u0131\u015f\u0131 ve \u0130ran ile ya\u015fanan sava\u015f\u0131n yaratt\u0131\u011f\u0131 belirsizlikler i\u015fe al\u0131m i\u015ftah\u0131n\u0131 bask\u0131larken 2025\u2019in son \u00e7eyre\u011finde ekonomik b\u00fcy\u00fcmenin y\u00fczde 0,7\u2019ye gerilemesi \u015firketlerin ilan a\u00e7mas\u0131na ra\u011fmen fiili i\u015fe al\u0131mlarda olduk\u00e7a temkinli davrand\u0131\u011f\u0131 bir tabloyu ortaya koymaktad\u0131r.<\/p>\n
Michigan \u00dcniversitesi\u2019nin yay\u0131mlad\u0131\u011f\u0131 \u00f6nc\u00fc rapora g\u00f6re ABD\u2019de t\u00fcketici g\u00fcven endeksi mart ay\u0131nda bir \u00f6nceki aya g\u00f6re y\u00fczde 1,9 oran\u0131nda gerileyerek 55,5 seviyesine d\u00fc\u015fm\u00fc\u015f ve y\u0131ll\u0131k bazda da y\u00fczde 2,6\u2019l\u0131k bir kay\u0131p ya\u015fam\u0131\u015ft\u0131r. Mevcut ekonomik ko\u015fullar endeksi ayl\u0131k bazda y\u00fczde 2,1 art\u0131\u015fla 57,8 puana y\u00fckselse de Mart 2025\u2019e g\u00f6re y\u00fczde 9,4 daha a\u015fa\u011f\u0131da kal\u0131rken t\u00fcketici beklentileri endeksi ayl\u0131k y\u00fczde 4,4 d\u00fc\u015f\u00fc\u015fle 54,1 puan olarak kaydedilmi\u015ftir. \u00d6zellikle \u0130ran\u2019daki askeri harekat \u00f6ncesinde g\u00fcven endeksinde iyile\u015fme belirtileri g\u00f6zlenmi\u015f olsa da operasyonun ba\u015flamas\u0131ndan sonraki dokuz g\u00fcnl\u00fck s\u00fcre\u00e7te ya\u015fanan sert d\u00fc\u015f\u00fc\u015fler elde edilen t\u00fcm kazan\u0131mlar\u0131 tamamen silerek genel tablonun zay\u0131flamas\u0131na neden olmu\u015ftur.<\/p>\n
Bu hafta k\u00fcresel faiz kararlar\u0131 gelecek olsa da piyasadaki sava\u015f fiyatlamas\u0131 t\u00fcm makroekonomik veri ak\u0131\u015f\u0131n\u0131n \u00f6n\u00fcnde seyretmektedir. Beklentilerin d\u0131\u015f\u0131nda bir karar \u00e7\u0131kmas\u0131 m\u00fcmk\u00fcn g\u00f6r\u00fcnmezken sava\u015f d\u00f6neminde ko\u015fullar\u0131 iyile\u015ftirmek yerine mevcut ko\u015fullar\u0131n korunmas\u0131n\u0131n \u00f6ncelikli olaca\u011f\u0131 de\u011ferlendirilmektedir.”<\/p>\n
<\/strong> \u0130stanbul, 16 Mart (Hibya) – Pusula Yat\u0131r\u0131m, ABD, Avrupa, \u0130ngiltere, Avustralya ve Japonya\u2019dan faiz kararlar\u0131 beklendi\u011fini bildirdi.<\/p>\n","protected":false},"author":1,"featured_media":61650,"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-61649","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\/61649","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=61649"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/61649\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/61650"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=61649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=61649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=61649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"