{"id":14818,"date":"2012-04-30T13:25:40","date_gmt":"2012-04-30T11:25:40","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=14818"},"modified":"2012-04-30T13:25:55","modified_gmt":"2012-04-30T11:25:55","slug":"enflasyon-gorunumu","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/enflasyon-gorunumu\/","title":{"rendered":"Enflasyon G\u00f6r\u00fcn\u00fcm\u00fc"},"content":{"rendered":"<p>Ge\u00e7en hafta Merkez Bankas\u0131 y\u0131l\u0131n ikinci enflasyon raporunu yay\u0131nlad\u0131. Raporun genel havas\u0131 y\u0131l\u0131n ilk raporundan pek farkl\u0131 de\u011fil. Tablodan da g\u00f6r\u00fcld\u00fc\u011f\u00fc gibi, 2012 ve 201 3 y\u0131l\u0131 sonlar\u0131 i\u00e7in enflasyon tahmininin orta noktas\u0131 a\u015fa\u011f\u0131 yukar\u0131 iki raporda da ayn\u0131. Tahminlerin y\u00fczde 70 olas\u0131l\u0131kla alt ve \u00fcst s\u0131n\u0131rlar\u0131 0.1 ile 0.2 puan aras\u0131nda de\u011fi\u015fmi\u015f. De\u011fi\u015fme petrol fiyatlar\u0131na y\u00f6nelik varsay\u0131mlardaki art\u0131\u015ftan kaynaklan\u0131yor.<br \/>\nY\u00fczde 70 olas\u0131l\u0131kla 2012 y\u0131l\u0131 sonuna y\u00f6nelik enflasyon tahmin aral\u0131\u011f\u0131 birinci rapora g\u00f6re ikinci raporda y\u00fczde 0.4 kadar daral\u0131rken, 201 3 y\u0131l\u0131 sonu i\u00e7in yap\u0131lan tahminlerde alt\/\u00fcst s\u0131n\u0131r aral\u0131\u011f\u0131 de\u011fi\u015fmemi\u015f. \u0130kinci raporda parasal s\u0131k\u0131la\u015ft\u0131rman\u0131n \u00f6n\u00fcm\u00fczdeki d\u00f6nemde daha s\u0131k yap\u0131laca\u011f\u0131na y\u00f6nelik \u00f6nemli bir vurgu var.<\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-1881936686\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"9580705384\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p><strong>PARASAL DURU\u015e KURLARA MI ENDEKSL\u0130?<\/strong><br \/>\nRaporun anlat\u0131m\u0131ndan &#8220;ek parasal s\u0131k\u0131la\u015ft\u0131rma&#8221; teriminden bankalar\u0131n Merkez Bankas\u0131&#8217;ndan ald\u0131\u011f\u0131 fonlar\u0131n ortalama maliyetinin y\u00fczde 10&#8217;un \u00fczerine \u00e7\u0131kmas\u0131 ve\/veya toplam fonlaman\u0131n d\u00fc\u015fmesi anla\u015f\u0131l\u0131yor. Ge\u00e7en y\u0131l\u0131n ekim ay\u0131ndan bu yana \u00fc\u00e7 kez parasal s\u0131k\u0131la\u015ft\u0131rmaya gidilmi\u015f, ortalama fonlama maliyeti aral\u0131k ay\u0131nda y\u00fczde 12&#8217;lere t\u0131rman\u0131rken, mart ve nisan aylar\u0131nda ge\u00e7ici olarak y\u00fczde 10 civar\u0131na gelmi\u015f. Ge\u00e7en y\u0131l\u0131n ekim ay\u0131ndaki as\u0131l s\u0131k\u0131la\u015ft\u0131rma fonlama maliyetinde fazla bir k\u0131p\u0131rdanma yaratmadan fonlama miktar\u0131nda sert bir d\u00fc\u015f\u00fc\u015f olarak g\u00f6r\u00fcn\u00fcyor.<br \/>\nMerkez Bankas\u0131 uzun bir aral\u0131ktan sonra ilk kez &#8220;Enflasyon hedefi \u00f6nceli\u011fimizdir&#8221; diyor. Galiba enflasyonun y\u00fczde 10&#8217;un \u00fczerine t\u0131rmanmas\u0131 enflasyon hedefini \u00f6ncelikli duruma getirdi. Enflasyonun y\u00fczde 10&#8217;un \u00fczerine \u00e7\u0131kmas\u0131n\u0131n \u00f6nemli bir nedeni daha \u00f6nceki gev\u015fek para politikas\u0131n\u0131n uluslararas\u0131 piyasalar\u0131n kar\u0131\u015fmas\u0131yla birle\u015fmesi sonucunda d\u00f6viz kurlar\u0131n\u0131n f\u0131rlamas\u0131yd\u0131. Bir anlamda, d\u00f6viz kurlar\u0131n\u0131 f\u0131rlatmak Merkez Bankas\u0131 politikas\u0131n\u0131n bir par\u00e7as\u0131yd\u0131.<br \/>\n\u015eimdi, Merkez Bankas\u0131 d\u00f6viz kurlar\u0131n\u0131n geldi\u011fi yerden memnun. Bu a\u015famada, Merkez Bankas\u0131 bug\u00fcnk\u00fc d\u00fczeylerinden d\u00f6viz kurlar\u0131n\u0131n ne \u00e7ok artmas\u0131n\u0131 ne de \u00e7ok d\u00fc\u015fmesini arzuluyor. Ek parasal s\u0131k\u0131la\u015ft\u0131rma olarak nitelenen durumlar da hep d\u00f6viz kurlar\u0131 \u00fczerine yukar\u0131 y\u00f6nde bask\u0131 ya\u015fand\u0131\u011f\u0131 d\u00f6nemlerde oldu. Bir anlamda g\u00fcnl\u00fck para politikas\u0131 d\u00f6viz kurlar\u0131na endekslendi.<\/p>\n<p>Yaz\u0131n\u0131n devam\u0131 i\u00e7in <strong><a href=\"http:\/\/www.bloomberght.com\/ht-yazarlar\/ercan-kumcu\/1133018-enflasyon-gorunumu\" target=\"_blank\" data-wpel-link=\"external\" rel=\"nofollow external noopener\">TIKLAYINIZ.<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ge\u00e7en hafta Merkez Bankas\u0131 y\u0131l\u0131n ikinci enflasyon raporunu yay\u0131nlad\u0131. Raporun genel havas\u0131 y\u0131l\u0131n ilk raporundan pek farkl\u0131 de\u011fil. Tablodan da g\u00f6r\u00fcld\u00fc\u011f\u00fc gibi, 2012 ve 201&hellip;<\/p>\n","protected":false},"author":675,"featured_media":9441,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tumyazilar"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/14818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/users\/675"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=14818"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/14818\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media\/9441"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=14818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=14818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=14818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}