{"id":34766,"date":"2014-07-14T14:02:35","date_gmt":"2014-07-14T11:02:35","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=34766"},"modified":"2014-07-14T23:40:13","modified_gmt":"2014-07-14T20:40:13","slug":"avrupa-1-trilyon-eluk-yeni-tesvik-paketini-abd-faiz-artirimini-konusuyor","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/avrupa-1-trilyon-eluk-yeni-tesvik-paketini-abd-faiz-artirimini-konusuyor\/","title":{"rendered":"\u0130smet Demirkol &#8211; Avrupa 1 trilyon Euro&#8217;luk yeni te\u015fvik paketini, ABD faiz art\u0131r\u0131m\u0131n\u0131 konu\u015fuyor"},"content":{"rendered":"<p><strong><em>K\u00fcresel finans krizi, neticesinde ABD mali piyasas\u0131n\u0131n i\u00e7ine d\u00fc\u015ft\u00fc\u011f\u00fc bor\u00e7 krizi neticesinde, FED\u2019in 2008\u2019de ba\u015flatt\u0131\u011f\u0131 parasal geni\u015flemenin, 2014 Ekim ay\u0131nda yani sonbaharda 15 milyar $ daha kesinti yap\u0131larak sonland\u0131r\u0131laca\u011f\u0131n\u0131 ge\u00e7en hafta i\u00e7inde a\u00e7\u0131klanan 17 \u2013 18 Haziran tariihli FED tutanaklar\u0131 ile t\u00fcm k\u00fcresel piyasalar \u00f6\u011frenmi\u015f oldu.<\/em> <\/strong><\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-4067185221\"><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>Son 6 y\u0131ld\u0131r 4 b\u00fcy\u00fck Merkez Bankas\u0131 olan FED, AMB, BOJ ve BOE\u2019nin ger\u00e7ekle\u015ftirdi\u011fi parasal geni\u015fleme neticesinde, artan likidite ile birlikte 10 trilyon $\u2019\u0131 a\u015fan varl\u0131k al\u0131m miktar\u0131 bug\u00fcn geldi\u011fimiz noktada 2014 Ekim ay\u0131 sonras\u0131 farkl\u0131 bir para politikas\u0131na d\u00f6n\u00fc\u015fecek a\u015famaya geldi. \u0130\u015fsizlik ve enflasyon verileri ABD\u2019de her ge\u00e7en ay daha olumlu gelmeye devam ediyor. Ayl\u0131k istihdam art\u0131\u015f\u0131 ortalama olarak 200 bin ki\u015fiyi a\u015fmaya devam ediyor. Bu \u015fekilde devam etmesi durumunda y\u0131lsonunda ABD ekonomisinde i\u015fsizlik oran\u0131 % 5,8 ve alt\u0131na gerilemesi m\u00fcmk\u00fcn g\u00f6z\u00fck\u00fcyor. T\u00dcFE taraf\u0131na bakt\u0131\u011f\u0131m\u0131zda ise y\u0131ll\u0131k enflasyon % 2 olmu\u015f durumda muhtemelen eyl\u00fcl 2015\u2019de % 2,5\u2019a y\u00fckselebilir. En \u00e7ok dikkat edilmesi gereken faiz ise ABD 10 y\u0131ll\u0131klar olu\u015fturuyor. 2,53 seviyelerinde olan ABD 10 y\u0131ll\u0131k faizlerin 2,80\u2019i a\u015fmas\u0131 kritik seviye olarak g\u00f6z\u00fckmekte. Dolay\u0131s\u0131 ile ABD\u2019nin istihdam piyasas\u0131 ve enflasyon rakamlar\u0131n\u0131n olumlu gelmesi neticesinde, varl\u0131k al\u0131m program\u0131n\u0131n 2014 Ekim ay\u0131nda sonland\u0131r\u0131lmas\u0131 sonras\u0131, faiz art\u0131r\u0131m karar\u0131na y\u00f6nelik beklentilerin olu\u015fmas\u0131 10 y\u0131ll\u0131k ABD faizlerini, 2014 Aral\u0131k ay\u0131na kadar %3,5 &#8211; % 3,65 seviyelerine yakla\u015ft\u0131rabilir. Beklentim ise FED\u2019in faiz art\u0131rm\u0131n\u0131 2015 ilk \u00e7eyre\u011finde ger\u00e7ekle\u015ftirebilecek olmas\u0131. \u00c7\u00fcnk\u00fc, Ekim 2014 sonras\u0131 s\u00fcre ABD ekonomik g\u00f6r\u00fcn\u00fcm\u00fcn\u00fcn analizi i\u00e7in son derece yeterli bir zaman ve makro ekonomik verilerin sonbahardan sonraki 6 ayl\u0131k s\u00fcre i\u00e7inde g\u00fc\u00e7l\u00fc gelmeye devam etmesi FED\u2019in faiz art\u0131r\u0131m\u0131n\u0131 art\u0131rma s\u00fcrecini, h\u0131zland\u0131rabilir.<\/p>\n<p>Avrupan\u0131n ise \u00f6n\u00fcm\u00fczdeki aylarda, yeni bir parasal geni\u015fleme politikas\u0131n\u0131 devreye sokmas\u0131 durumunda; Euro\/Dolar paritesi daha fazla gerilemeye devam edece\u011finden, Dolar y\u00fckseli\u015fini s\u00fcrd\u00fcrmeye ve ABD ekonomisine sermaye giri\u015finin artarak devam edece\u011fi beklenmektedir.<\/p>\n<p>Bir ba\u015fka \u00f6nemli husus ise, FED para politikas\u0131 kurulunun 17 Eyl\u00fcl\u2019de ger\u00e7ekle\u015ftirece\u011fi toplant\u0131 \u00f6ncesi, 27-29 A\u011fustos Jackson Hole toplant\u0131s\u0131nda, faiz art\u0131r\u0131m takvimi i\u00e7in \u00e7e\u015fitli ipu\u00e7lar\u0131 ortaya \u00e7\u0131kabilmesi. Dolay\u0131s\u0131 ile, 2014\u2019\u00fcn yaz\u0131n\u0131n \u015fu s\u0131cak g\u00fcnlerinde kar\u015f\u0131m\u0131za \u00e7ok ilgin\u00e7 bir tablo \u00e7\u0131k\u0131yor. Avrupa 1 Trilyon \u20ac\u2019luk yeni bir parasal geni\u015flemeyi konu\u015furken, ABD faiz art\u0131r\u0131m\u0131na haz\u0131rlan\u0131yor. 2015 D\u00fcnya Ekonomisi yeni para politikalar\u0131na yelken a\u00e7\u0131yor.<\/p>\n<p>Dr. \u0130smet DEM\u0130RKOL<br \/>\nEkonomist<br \/>\n<a class=\"twitter-timeline\" data-width=\"640\" data-height=\"960\" data-dnt=\"true\" href=\"https:\/\/twitter.com\/drismetdemirkol?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener\">Tweets by drismetdemirkol<\/a><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nhttp:\/\/bigyatirim.blogspot.com\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>K\u00fcresel finans krizi, neticesinde ABD mali piyasas\u0131n\u0131n i\u00e7ine d\u00fc\u015ft\u00fc\u011f\u00fc bor\u00e7 krizi neticesinde, FED\u2019in 2008\u2019de ba\u015flatt\u0131\u011f\u0131 parasal geni\u015flemenin, 2014 Ekim ay\u0131nda yani sonbaharda 15 milyar $&hellip;<\/p>\n","protected":false},"author":7,"featured_media":0,"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":[808,801,917],"class_list":["post-34766","post","type-post","status-publish","format-standard","hentry","category-tumyazilar","tag-ekonomi-makaleleri","tag-ekonomi-yazarlari-listesi","tag-ismet-demirkol-yazilari"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/34766","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\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=34766"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/34766\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=34766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=34766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=34766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}