{"id":56356,"date":"2024-06-25T07:24:04","date_gmt":"2024-06-25T07:24:04","guid":{"rendered":"https:\/\/ekamu.net\/?p=56356"},"modified":"2024-06-25T07:24:04","modified_gmt":"2024-06-25T07:24:04","slug":"tepav-kosullar-eylulden-itibaren-faiz-indirimine-uygun-hale-gelecek","status":"publish","type":"post","link":"https:\/\/ekamu.net\/index.php\/2024\/06\/25\/tepav-kosullar-eylulden-itibaren-faiz-indirimine-uygun-hale-gelecek\/","title":{"rendered":"TEPAV: Ko\u015fullar Eyl\u00fcl&#8217;den itibaren faiz indirimine uygun hale gelecek"},"content":{"rendered":"<div>\n<p>T\u00fcrkiye Ekonomi Politikalar\u0131 Ara\u015ft\u0131rma Vakf\u0131 (TEPAV) taraf\u0131ndan se\u00e7im sonras\u0131 h\u00fck\u00fcmet taraf\u0131ndan s\u0131k\u0131 para politikas\u0131n\u0131n s\u00fcrd\u00fcr\u00fclece\u011fi y\u00f6n\u00fcndeki mesajlar\u0131n finansal piyasalardaki belirsizlik alg\u0131s\u0131n\u0131 \u00f6nemli \u00f6l\u00e7\u00fcde azaltt\u0131\u011f\u0131, k\u0131sa d\u00f6nemli dalgalanmalara kar\u015f\u0131n yabanc\u0131 sermaye giri\u015flerinin s\u00fcrd\u00fc\u011f\u00fc belirtilerek, TCMB&#8217;nin politika faizini s\u0131n\u0131rl\u0131 ve a\u015famal\u0131 bir \u015feklide indirmeye ba\u015flamas\u0131 i\u00e7in Eyl\u00fcl ay\u0131ndan itibaren ko\u015fullar\u0131n uygun olaca\u011f\u0131 de\u011ferlendirmesi yap\u0131ld\u0131.<\/p>\n<p>Ali Cufadar ve Ekrem Cunedio\u011flu taraf\u0131ndan haz\u0131rlanan TEPAV Haziran ay\u0131, &#8216;Ayl\u0131k Ekonomik De\u011ferlendirme Raporu&#8217;nu yay\u0131mlad\u0131.<\/p>\n<\/div>\n<div>\n<p>S\u0131k\u0131 para politikas\u0131n\u0131n ve al\u0131nan b\u00fct\u00e7e \u00f6nlemlerinin makro-finansal g\u00f6stergelerdeki olumlu<br \/>gidi\u015fat\u0131 desteklemeye devam etti\u011fi belirtilen ve parasal s\u0131k\u0131l\u0131\u011f\u0131n yeterli oldu\u011fu, olumlu etkilerinin yaz aylar\u0131ndan ba\u015flayarak daha belirgin hissedilmeye ba\u015flanaca\u011f\u0131 dile getirilen raporda, TCMB\u2019nin, parasal s\u0131k\u0131l\u0131\u011f\u0131n gerekti\u011fi kadar korunaca\u011f\u0131na ili\u015fkin mesajlar\u0131n\u0131n piyasalara olumlu yans\u0131yaca\u011f\u0131 ifade edildi.<\/p>\n<p><b>S\u0131k\u0131la\u015ft\u0131r\u0131c\u0131 k\u0131s\u0131tlar rekabeti bozdu<\/b><\/p>\n<p>Raporda, kredi art\u0131\u015f oranlar\u0131na ili\u015fkin s\u0131k\u0131la\u015ft\u0131r\u0131c\u0131 k\u0131s\u0131tlar\u0131n kredi piyasas\u0131nda rekabeti bozdu\u011fu,<br \/>kredi faizlerinin a\u015f\u0131r\u0131 y\u00fcksek d\u00fczeylere \u00e7\u0131kmas\u0131na yol a\u00e7t\u0131\u011f\u0131na dikkat \u00e7ekilerek, kredi faizlerinin a\u015f\u0131r\u0131 y\u00fckselmesinin maliyetlerde ve krediye eri\u015fimde s\u0131k\u0131nt\u0131lara yol a\u00e7arak \u00f6zellikle k\u00fc\u00e7\u00fck ve orta \u00f6l\u00e7ekli i\u015fletmeleri olumsuz etkiledi\u011fi, ancak yabanc\u0131 para kredilere getirilen k\u0131s\u0131tlar\u0131n kredilerdeki dolarla\u015fmay\u0131 s\u0131n\u0131rlamas\u0131 nedeniyle olumlu oldu\u011fu ifade edildi.<\/p>\n<p>TCMB\u2019nin parasal aktar\u0131m mekanizmas\u0131nda ticari krediler yerine mevduat faizlerine odaklanarak mevduat faizlerinin y\u00fcksek tutulmas\u0131n\u0131 te\u015fvik etmesinin sa\u011fl\u0131kl\u0131 olaca\u011f\u0131 \u00f6nerisinde bulunulan raporda, buna kar\u015f\u0131n kredi k\u0131s\u0131tlar\u0131n\u0131 gev\u015feterek kredi faizlerinin rekabet\u00e7i piyasa ko\u015fullar\u0131nda<br \/>olu\u015fmas\u0131na \u00f6zen g\u00f6stermesinin uygun olaca\u011f\u0131na vurgu yap\u0131ld\u0131.<\/p>\n<p>&#8220;D\u0131\u015fsal bir \u015fok olmamas\u0131 halinde, yaz aylar\u0131ndaki ayl\u0131k enflasyon e\u011filimleri ve bekleyi\u015flerdeki<br \/>geli\u015fmelere ba\u011fl\u0131 olarak, TCMB\u2019nin politika faizini s\u0131n\u0131rl\u0131 ve a\u015famal\u0131 indirmeye ba\u015flamas\u0131 i\u00e7in<br \/>ko\u015fullar\u0131n eyl\u00fcl ay\u0131ndan itibaren uygun hale gelebilece\u011fi&#8221; ifadelerinin kullan\u0131ld\u0131\u011f\u0131 raporda \u015fu de\u011ferlendiremler yer ald\u0131:<\/p>\n<p>B\u00fct\u00e7e a\u00e7\u0131\u011f\u0131 olduk\u00e7a y\u00fcksek d\u00fczeylerde seyretmekle birlikte, son d\u00f6nemde al\u0131nan ve al\u0131naca\u011f\u0131<br \/>\u00f6ng\u00f6r\u00fclen harcama azalt\u0131c\u0131 ve gelir art\u0131r\u0131c\u0131 b\u00fct\u00e7e \u00f6nlemleri para politikas\u0131n\u0131 k\u0131smen<br \/>destekleyecek.<\/p>\n<p>Para politikas\u0131n\u0131n esnekli\u011fini ve etkinli\u011fini korumak amac\u0131yla yabanc\u0131 kurulu\u015flarla yap\u0131lan swap<br \/>limitlerinin korunarak yabanc\u0131 portf\u00f6y giri\u015flerinin hisse senedi ve tahvil piyasalar\u0131na<br \/>y\u00f6nlendirilmesi uygun olacak.<\/p>\n<p>Parasal ko\u015fullar\u0131n olduk\u00e7a s\u0131k\u0131la\u015fmas\u0131na kar\u015f\u0131n enflasyon bekleyi\u015flerinde yeterli k\u0131r\u0131lma hen\u00fcz sa\u011flanamad\u0131 ve bu \u00e7er\u00e7evede, yaz aylar\u0131ndaki ayl\u0131k enflasyon e\u011filimi \u00f6nemli.<\/p>\n<\/div>\n<\/p>\n<p><\/p>\n<p>Kaynak :\u00a0<span style=\"background-color: rgb(255, 249, 236); color: rgb(55, 58, 60); font-size: 14px;\">Bloomberg HT<\/span><\/p>\n<p><span style=\"display: block; width: 343.125px; color: rgb(55, 58, 60); font-size: 14px; background-color: rgb(255, 249, 236);\"><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>T\u00fcrkiye Ekonomi Politikalar\u0131 Ara\u015ft\u0131rma Vakf\u0131 (TEPAV) Ayl\u0131k Ekonomik De\u011ferlendirme Raporu&#8217;nda, d\u0131\u015fsal bir \u015fok olmamas\u0131 halinde, yaz aylar\u0131ndaki ayl\u0131k enflasyon e\u011filimleri ve bekleyi\u015flerdeki geli\u015fmelere ba\u011fl\u0131 olarak, TCMB\u2019nin politika faizini s\u0131n\u0131rl\u0131&#8230;<\/p>\n","protected":false},"author":1,"featured_media":56357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[663,783,395,1083,1290],"class_list":["post-56356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-kredi","tag-para","tag-piyasa","tag-politika","tag-siki"],"_links":{"self":[{"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/posts\/56356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/comments?post=56356"}],"version-history":[{"count":1,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/posts\/56356\/revisions"}],"predecessor-version":[{"id":56358,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/posts\/56356\/revisions\/56358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/media\/56357"}],"wp:attachment":[{"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/media?parent=56356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/categories?post=56356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/tags?post=56356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}