{"id":88662,"date":"2025-05-02T07:12:08","date_gmt":"2025-05-02T07:12:08","guid":{"rendered":"https:\/\/ekamu.net\/?p=88662"},"modified":"2025-05-02T07:12:08","modified_gmt":"2025-05-02T07:12:08","slug":"imfden-kirilganlik-ve-olumsuz-sok-uyarisi","status":"publish","type":"post","link":"https:\/\/ekamu.net\/index.php\/2025\/05\/02\/imfden-kirilganlik-ve-olumsuz-sok-uyarisi\/","title":{"rendered":"IMF’den k\u0131r\u0131lganl\u0131k ve olumsuz \u015fok uyar\u0131s\u0131"},"content":{"rendered":"
\n

Uluslararas\u0131 Para Fonu (IMF) K\u00fcresel Finansal \u0130stikrar Raporu’nun ekim say\u0131s\u0131n\u0131 “Rotay\u0131 Sabitlemek: Belirsizlik, Yapay Zeka ve Finansal \u0130stikrar” ba\u015fl\u0131\u011f\u0131yla yay\u0131mlad\u0131.<\/p>\n

Raporda, nisan ay\u0131ndan bu yana k\u00fcresel ekonomik faaliyetin \u0131l\u0131ml\u0131 hale geldi\u011fi ve enflasyonun yava\u015flamaya devam etti\u011fi belirtildi.<\/p>\n

B\u00fcy\u00fck merkez bankalar\u0131n\u0131n parasal gev\u015femeye devam etmesiyle, finansal ko\u015fullar\u0131n uyumlu, geli\u015fmekte olan piyasalar\u0131n diren\u00e7li ve varl\u0131k fiyatlar\u0131ndaki oynakl\u0131\u011f\u0131n nispeten d\u00fc\u015f\u00fck kald\u0131\u011f\u0131 ifade edilen raporda, “Ancak, k\u0131sa vadeli riskleri d\u00fc\u015f\u00fck tutan destekleyici finansal ko\u015fullar, ayn\u0131 zamanda k\u0131r\u0131lganl\u0131klar\u0131n olu\u015fmas\u0131n\u0131 kolayla\u015ft\u0131rarak, gelecekte finansal istikrara y\u00f6nelik riskleri art\u0131r\u0131yor” de\u011ferlendirmesi yap\u0131ld\u0131.<\/p>\n<\/div>\n

\n

Raporda, artan k\u0131r\u0131lganl\u0131klar\u0131n, devam eden askeri \u00e7at\u0131\u015fmalar ve yeni se\u00e7ilen h\u00fck\u00fcmetlerin belirsiz gelecek politikalar\u0131yla y\u00fckselen ekonomik ve jeopolitik belirsizlik nedeniyle daha olas\u0131 hale gelen olumsuz \u015foklar\u0131 art\u0131rabilece\u011fi vurguland\u0131.<\/p>\n

\u00d6zellikle belirsizlik ile piyasa oynakl\u0131\u011f\u0131 aras\u0131ndaki artan kopuklu\u011fun oynakl\u0131kta ani art\u0131\u015flar ve keskin varl\u0131k yeniden fiyatland\u0131rmas\u0131 olas\u0131l\u0131\u011f\u0131n\u0131 art\u0131rd\u0131\u011f\u0131na i\u015faret edilen raporda, a\u011fustos ay\u0131 ba\u015f\u0131ndaki piyasa \u00e7alkant\u0131lar\u0131n\u0131n ortaya \u00e7\u0131kabilecek \u015fiddetli tepkilere dair bir fikir verdi\u011fi an\u0131msat\u0131ld\u0131.<\/p>\n

“Y\u00fcksek seviyede bor\u00e7lar k\u00fcresel zorluk olmaya devam ediyor”<\/b><\/p>\n

Raporda, ekonomik belirsizlikteki daha fazla art\u0131\u015f\u0131n gelecekte ekonomik b\u00fcy\u00fcme, varl\u0131k fiyatlar\u0131 ve banka kredilerindeki b\u00fcy\u00fcmeye y\u00f6nelik a\u015fa\u011f\u0131 y\u00f6nl\u00fc riskleri art\u0131rabilece\u011fine dikkat \u00e7ekilerek, belirsizlikte k\u00fcresel mali kriz s\u0131ras\u0131ndaki art\u0131\u015fa e\u015fde\u011fer bir s\u0131\u00e7raman\u0131n y\u0131ll\u0131k k\u00fcresel gayrisafi yurt i\u00e7i has\u0131la b\u00fcy\u00fcmesini 1,2 puan k\u00f6t\u00fcle\u015ftirece\u011fi bildirildi.<\/p>\n

Bu etkinin makro finansal k\u0131r\u0131lganl\u0131klar daha y\u00fcksek oldu\u011funda veya piyasa oynakl\u0131\u011f\u0131 belirsizlikten daha kopuk oldu\u011funda daha g\u00fc\u00e7l\u00fc olaca\u011f\u0131 belirtilerek, belirsizli\u011fin ayr\u0131ca ticaret ve finansal ba\u011flant\u0131lar yoluyla s\u0131n\u0131r \u00f6tesi bula\u015fmay\u0131 tetikleyebilece\u011fi kaydedildi.<\/p>\n

Raporda, devletlerin y\u00fcksek seviyede bor\u00e7lar\u0131 ve bunlar\u0131n h\u0131zl\u0131 b\u00fcy\u00fcmesinin k\u00fcresel zorluk olmaya devam etti\u011fine de\u011finildi.<\/p>\n

“Geli\u015fmi\u015f ekonomilerin para politikas\u0131n\u0131 gev\u015fetmesi geli\u015fmekte olan piyasalar \u00fczerindeki bask\u0131y\u0131 hafifletebilir”<\/b><\/p>\n

Geli\u015fmekte olan piyasalar\u0131n nisandan bu yana dayan\u0131kl\u0131l\u0131k g\u00f6stermeye devam etti\u011fi belirtilerek, geli\u015fmi\u015f ekonomilerin para politikas\u0131n\u0131 gev\u015fetmeye ba\u015flamas\u0131n\u0131n yak\u0131n vadede geli\u015fmekte olan piyasalar \u00fczerindeki bask\u0131y\u0131 hafifletebilece\u011fi aktar\u0131ld\u0131.<\/p>\n

Raporda ancak ticaret politikalar\u0131 ve jeopolitikle ilgili artan belirsizlik ile \u00c7in’deki yava\u015flayan b\u00fcy\u00fcme g\u00f6r\u00fcn\u00fcm\u00fcn\u00fcn geli\u015fmekte olan piyasalarda finansal istikrar\u0131 korumay\u0131 daha zorlu hale getirebilece\u011fi vurguland\u0131.<\/p>\n

Ticaret k\u0131s\u0131tlamalar\u0131 ve jeopolitik olaylar\u0131n \u015firketleri etkilemesinin muhtemel oldu\u011fu kaydedilen raporda, ticari gayrimenkul sekt\u00f6r\u00fcndeki bask\u0131lar\u0131n hala yo\u011fun oldu\u011funun alt\u0131 \u00e7izildi.<\/p>\n

Raporda, k\u00fcresel bankac\u0131l\u0131k sekt\u00f6r\u00fcn\u00fcn bol miktarda sermaye ve likidite tamponuyla diren\u00e7lili\u011fini korudu\u011fu, baz\u0131 kredi t\u00fcrleri i\u00e7in bat\u0131k kredi oranlar\u0131 artm\u0131\u015f olsa da genel varl\u0131k kalitesinin \u00f6nemli \u00f6l\u00e7\u00fcde bozulmad\u0131\u011f\u0131 belirtilerek, ancak faiz indirimlerinin banka karl\u0131l\u0131\u011f\u0131n\u0131 olumsuz etkileyebilece\u011fi aktar\u0131ld\u0131.<\/p>\n

Sermaye piyasas\u0131 faaliyetlerinde yapay zekan\u0131n kullan\u0131m\u0131n\u0131n banka d\u0131\u015f\u0131 finansal kurumlar\u0131n b\u00fcy\u00fcmesini daha da destekleyebilece\u011fine dikkat \u00e7ekilen raporda, yapay zekan\u0131n muhtemel risklerine de i\u015faret edildi.<\/p>\n

“Politika yap\u0131c\u0131lar k\u0131r\u0131lganl\u0131klar\u0131 s\u0131n\u0131rlamak i\u00e7in harekete ge\u00e7meli”<\/b><\/p>\n

Raporda, k\u0131sa vadeli finansal istikrar riskleri kontrol alt\u0131nda<\/b> g\u00f6r\u00fcnse de finansal sistemde k\u0131r\u0131lganl\u0131klar\u0131n artt\u0131\u011f\u0131 belirtilerek, politika yap\u0131c\u0131lar\u0131n k\u0131r\u0131lganl\u0131klar\u0131 s\u0131n\u0131rlamak i\u00e7in harekete ge\u00e7mesi gerekti\u011fi aktar\u0131ld\u0131.<\/p>\n

Merkez bankalar\u0131n\u0131n para politikas\u0131n\u0131n herhangi bir veriye a\u015f\u0131r\u0131 tepki vermemesi gerekti\u011fine dair net ileti\u015fimin belirsizli\u011fi azaltmaya yard\u0131mc\u0131 olaca\u011f\u0131 vurgulanan raporda, bir\u00e7ok \u00fclkenin borcunun pandemi \u00f6ncesi seviyenin \u00fczerinde seyretmesi nedeniyle mali ayarlamalar\u0131n yap\u0131lmas\u0131 gerekti\u011fi ifade edildi.<\/p>\n

Raporda, bor\u00e7lanman\u0131n devam eden birikimi ve artan ekonomik belirsizli\u011fin makro ihtiyati politika \u00e7er\u00e7evesini g\u00fc\u00e7lendirme ihtiyac\u0131n\u0131 vurgulad\u0131\u011f\u0131 kaydedildi.<\/p>\n

\u015eirketlerin ve ticari gayrimenkul sekt\u00f6r\u00fcn\u00fcn zay\u0131fl\u0131klar\u0131n\u0131 izlemek i\u00e7in s\u00fcrekli teyakkuz gerekti\u011fine dikkat \u00e7ekilen raporda, stres testi ve risk y\u00f6netiminin \u00f6nemine i\u015faret edildi.<\/p>\n<\/div>\n<\/p>\n

<\/p>\n

Kaynak :\u00a0Bloomberg HT<\/span><\/p>\n

<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Uluslararas\u0131 Para Fonu (IMF), destekleyici finansal ko\u015fullar\u0131n k\u0131sa vadeli k\u00fcresel finansal riskleri d\u00fc\u015f\u00fck tuttu\u011funu ancak artan k\u0131r\u0131lganl\u0131klar\u0131n, y\u00fckselen ekonomik ve jeopolitik belirsizlikler nedeniyle daha olas\u0131 hale gelen olumsuz \u015foklar\u0131…<\/p>\n","protected":false},"author":1,"featured_media":88663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[5292,86,1165,1083,476],"class_list":["post-88662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-belirsiz","tag-buyume","tag-kuresel","tag-politika","tag-raporda"],"_links":{"self":[{"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/posts\/88662","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=88662"}],"version-history":[{"count":1,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/posts\/88662\/revisions"}],"predecessor-version":[{"id":88664,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/posts\/88662\/revisions\/88664"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/media\/88663"}],"wp:attachment":[{"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/media?parent=88662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/categories?post=88662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/tags?post=88662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}