{"id":48629,"date":"2017-01-31T11:18:24","date_gmt":"2017-01-31T08:18:24","guid":{"rendered":"https:\/\/www.bilgeyatirimci.com\/?p=48629"},"modified":"2017-01-31T11:18:24","modified_gmt":"2017-01-31T08:18:24","slug":"2017-1-donem-tcmb-enflasyon-raporu","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/2017-1-donem-tcmb-enflasyon-raporu\/","title":{"rendered":"2017 1. D\u00f6nem TCMB Enflasyon Raporu"},"content":{"rendered":"<p><strong><em>T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131 2017 1. D\u00f6nem Enflasyon Raporunu yay\u0131nlad\u0131.<\/em><\/strong><\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-328090941\"><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>Rapora g\u00f6re;<\/p>\n<p>2016 y\u0131l\u0131 Kas\u0131m ay\u0131nda ger\u00e7ekle\u015fen ABD se\u00e7imleri sonras\u0131nda k\u00fcresel ekonomiye ili\u015fkin belirsizlikler artarak devam etmi\u015f; ABD\u2019de destekleyici maliye politikas\u0131yla b\u00fcy\u00fcmenin ivme kazanaca\u011f\u0131 ve Fed\u2019in para politikas\u0131n\u0131 \u00f6ng\u00f6r\u00fclenden h\u0131zl\u0131 s\u0131k\u0131la\u015ft\u0131raca\u011f\u0131 beklentileri g\u00fc\u00e7lenmi\u015ftir. Bu geli\u015fmelere ba\u011fl\u0131 olarak y\u0131l\u0131n son \u00e7eyre\u011finde geli\u015fmi\u015f \u00fclke faiz oranlar\u0131nda art\u0131\u015flar ya\u015fanm\u0131\u015f ve ABD dolar\u0131 de\u011fer kazanm\u0131\u015ft\u0131r (Grafik 1.1). S\u00f6z konusu geli\u015fmeler Kas\u0131m ay\u0131ndan itibaren sermaye ak\u0131mlar\u0131n\u0131n geli\u015fmekte olan \u00fclkelerden geli\u015fmi\u015f \u00fclkelere y\u00f6nelmesine yol a\u00e7m\u0131\u015ft\u0131r.<\/p>\n<p>K\u00fcresel piyasalarda ya\u015fanan oynakl\u0131\u011f\u0131n yan\u0131 s\u0131ra, jeopolitik geli\u015fmeler ve yurt i\u00e7i belirsizlikler 2016 y\u0131l\u0131n\u0131n d\u00f6rd\u00fcnc\u00fc \u00e7eyre\u011finde yurt i\u00e7i finansal piyasalar\u0131n dalgal\u0131 bir seyir izlemesine neden olmu\u015f; T\u00fcrkiye d\u00f6viz kuru ve piyasa faizlerinde di\u011fer geli\u015fmekte olan \u00fclkelerden olumsuz ayr\u0131\u015fm\u0131\u015ft\u0131r. Bu d\u00f6nemde, di\u011fer geli\u015fmekte olan \u00fclkelerde oldu\u011fu gibi T\u00fcrkiye\u2019den de portf\u00f6y \u00e7\u0131k\u0131\u015flar\u0131 ya\u015fanm\u0131\u015f, tahvil piyasas\u0131ndaki \u00e7\u0131k\u0131\u015flar hisse senedi piyasas\u0131na g\u00f6re daha belirgin olmu\u015ftur. Finansal sistemi destekleyici makroihtiyati politikalar, TCMB\u2019nin likidite tedbirlerinin gecikmeli etkileri ve kamu te\u015fvikleri sayesinde, son aylarda kredi kullan\u0131m\u0131nda toparlanma e\u011filimi g\u00f6zlenmektedir. 2016 y\u0131l\u0131n\u0131n son \u00e7eyre\u011finde, t\u00fcketici kredileri ve T\u00fcrk liras\u0131 cinsinden ticari kredilerdeki canlanman\u0131n da etkisiyle kredi b\u00fcy\u00fcmesindeki \u0131l\u0131ml\u0131 art\u0131\u015f devam etmi\u015ftir. Ayr\u0131ca, i\u015fletmelere y\u00f6nelik kamu kredi destekleri sayesinde bankalar taraf\u0131ndan k\u00fc\u00e7\u00fck ve orta \u00f6l\u00e7ekli i\u015fletmelere uygulanan kredi faizleri d\u00fc\u015fme e\u011filimi g\u00f6stermektedir.<\/p>\n<p>TCMB 2017 1. D\u00f6nem Enflasyon Raporu raporuna ula\u015fmak i\u00e7in <a href=\"http:\/\/www.tcmb.gov.tr\/wps\/wcm\/connect\/5bbd3974-c011-4f0a-a8be-39592d5dc0f9\/enf-ocak2017-tam.pdf?MOD=AJPERES&amp;CACHEID=ROOTWORKSPACE5bbd3974-c011-4f0a-a8be-39592d5dc0f9\" target=\"_blank\" data-wpel-link=\"external\" rel=\"nofollow external noopener\">t\u0131klay\u0131n<\/a>.<\/p>\n<p>T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131<\/p>\n","protected":false},"excerpt":{"rendered":"<p>T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131 2017 1. D\u00f6nem Enflasyon Raporunu yay\u0131nlad\u0131. Rapora g\u00f6re; 2016 y\u0131l\u0131 Kas\u0131m ay\u0131nda ger\u00e7ekle\u015fen ABD se\u00e7imleri sonras\u0131nda k\u00fcresel ekonomiye ili\u015fkin belirsizlikler artarak&hellip;<\/p>\n","protected":false},"author":1,"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":[1650,1648,1649,1652],"class_list":["post-48629","post","type-post","status-publish","format-standard","hentry","category-tumyazilar","tag-merkez-bankasi-enflasyon-hedefi","tag-merkez-bankasi-enflasyon-raporu","tag-merkez-bankasi-enflasyon-tahmini","tag-tcmb-enflasyon-tahmini"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/48629","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=48629"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/48629\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=48629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=48629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=48629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}