{"id":4464,"date":"2026-01-29T06:39:04","date_gmt":"2026-01-29T06:39:04","guid":{"rendered":"https:\/\/bihavadis.com\/?p=4464"},"modified":"2026-01-29T06:39:04","modified_gmt":"2026-01-29T06:39:04","slug":"avrupada-ekim-indirimine-kesin-gozuyle-bakiliyor","status":"publish","type":"post","link":"https:\/\/bihavadis.com\/index.php\/2026\/01\/29\/avrupada-ekim-indirimine-kesin-gozuyle-bakiliyor\/","title":{"rendered":"Avrupa’da Ekim indirimine kesin g\u00f6z\u00fcyle bak\u0131l\u0131yor"},"content":{"rendered":"
\n

Avrupa Merkez Bankas\u0131 (AMB) yetkililerinin \u00fc\u00e7 hafta \u00f6nce \u00e7ok fazla ihtimal vermedi\u011fi faiz indirimi, 17 Ekim’deki toplant\u0131 i\u00e7in art\u0131k neredeyse kesin g\u00f6r\u00fcn\u00fcyor.<\/p>\n

Son gelen enflasyon verileri de gev\u015feme i\u00e7in alan oldu\u011funa i\u015faret etti. Euro B\u00f6lgesi enflasyonu Eyl\u00fcl’de y\u0131ll\u0131k y\u00fczde 1,8 olarak a\u00e7\u0131klan\u0131rken enflasyon 2021’den beri ilk kez AMB’nin hedefinin alt\u0131na indi. Bu yava\u015flama, AMB’den daha fazla indirim beklentisini de tetikledi.<\/p>\n

\u00dc\u00e7 y\u0131ldan uzun s\u00fcredir ilk kez y\u00fczde 2’nin alt\u0131nda<\/b> ger\u00e7ekle\u015fen enflasyon rakam\u0131 ve ABD Merkez Bankas\u0131’n\u0131n (Fed) gev\u015feme d\u00f6ng\u00fcs\u00fcn\u00fc ba\u015flatmas\u0131n\u0131n verdi\u011fi g\u00fcvence, yetkilileri \u00e7eyrek puanl\u0131k indirime yakla\u015ft\u0131rd\u0131.<\/p>\n<\/div>\n

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Bloomberg’in haberine g\u00f6re, art\u0131k yat\u0131r\u0131mc\u0131lar faiz indiriminin ger\u00e7ekle\u015fme olas\u0131l\u0131\u011f\u0131n\u0131 y\u00fczde 90 olarak fiyatl\u0131yor.<\/p>\n

Ekonomistlerin beklentileri de de\u011fi\u015fti<\/strong><\/b><\/p>\n

Ekonomistler daha \u00f6nce faiz indiriminin Aral\u0131k ay\u0131nda ger\u00e7ekle\u015fece\u011fini \u00f6ng\u00f6r\u00fcyordu. Bu hafta ba\u015f\u0131nda Morgan Stanley ve Barclays analistlerinin de aralar\u0131nda bulundu\u011fu analistler g\u00f6r\u00fc\u015flerini toplu olarak de\u011fi\u015ftirdi.<\/p>\n

Avrupa’da ekonominin b\u00fcy\u00fcmekte zorlanmas\u0131 indirim ihtimalini y\u00fckselten sebepler aras\u0131nda yer ald\u0131. Ge\u00e7ti\u011fimiz hafta S&P Global taraf\u0131ndan yap\u0131lan i\u015f d\u00fcnyas\u0131 anketleri beklenenden \u00e7ok daha zay\u0131f bir performans ortaya koydu ve bu da faizlerde yak\u0131n zamanda bir indirim yap\u0131laca\u011f\u0131 y\u00f6n\u00fcndeki tahminleri g\u00fc\u00e7lendirdi. <\/p>\n

Konu ile ilgili de\u011ferlendirmelerde bulunan Bloomberg Economics Avrupa Ba\u015fekonomisti Jamie Rush, “Enflasyonun d\u00fc\u015fmesi ve faaliyet g\u00f6stergelerinin a\u015fa\u011f\u0131ya y\u00f6nelmesi nedeniyle AMB’nin Ekim ay\u0131nda faiz oranlar\u0131n\u0131 d\u00fc\u015f\u00fcrece\u011finden eminiz. Aral\u0131k ay\u0131nda bir faiz indirimi daha yap\u0131lmas\u0131 ve gev\u015femenin \u00f6n\u00fcm\u00fczdeki y\u0131l boyunca devam etmesi \u00e7ok muhtemel” dedi.<\/p>\n

G\u00f6r\u00fc\u015f ayr\u0131l\u0131klar\u0131 ortaya \u00e7\u0131kabilir<\/strong><\/b><\/p>\n

Bu arada politika yap\u0131c\u0131lar\u0131n faiz indirimi konusunda nas\u0131l bir g\u00f6r\u00fc\u015f birli\u011fine varacaklar\u0131 da \u00f6n\u00fcm\u00fczdeki karara ili\u015fkin soru i\u015faretlerinden biri.<\/p>\n

Finlandiya Merkez Bankas\u0131 Ba\u015fkan\u0131 Olli Rehn yapt\u0131\u011f\u0131 a\u00e7\u0131klamada, \u201cSon istatistiki verilerden enflasyonun yava\u015flad\u0131\u011f\u0131na dair daha fazla teyit ald\u0131k. Bu, Ekim toplant\u0131m\u0131zda faiz oranlar\u0131n\u0131 d\u00fc\u015f\u00fcrmek i\u00e7in daha fazla gerek\u00e7e oldu\u011fu anlam\u0131na geliyor. Euro b\u00f6lgesinin b\u00fcy\u00fcme beklentilerindeki son zay\u0131flama da dengeyi bu y\u00f6ne do\u011fru itiyor” dedi.<\/p>\n

Letonya Merkez Bankas\u0131 Ba\u015fkan\u0131 Martins Kazaks ise son verilerin a\u00e7\u0131k\u00e7a bir indirime i\u015faret etti\u011fini belirterek, “Ekonomiye y\u00f6nelik riskler daha belirgin hale geldi ” dedi. Ekim ay\u0131ndan sonra daha fazla faiz indirimini \u00f6ng\u00f6ren Kazaks, dikkatli olunmas\u0131 gerekti\u011fini s\u00f6yledi ve agresif gev\u015femeye y\u00f6nelik ihtimallere kar\u015f\u0131 \u00e7\u0131kt\u0131.<\/p>\n

AMB ilk olarak Haziran’da beklentilere paralel olarak faiz oranlar\u0131nda 25 baz puanl\u0131k indirime gitmi\u015fti. Banka son olarak ge\u00e7en ay y\u0131l\u0131n ikinci faiz indirim karar\u0131n\u0131 vermi\u015fti. AMB 12 Eyl\u00fcl’de ger\u00e7ekle\u015ftirdi\u011fi toplant\u0131da gecelik mevduat faizini y\u00fczde 3,75’ten y\u00fczde 3,50 seviyesine \u00e7ekmi\u015fti.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Avrupa Merkez Bankas\u0131’n\u0131n (AMB) Ekim toplant\u0131s\u0131na ili\u015fkin faiz indirim beklentileri y\u00fckseldi. Son veriler ve a\u00e7\u0131klamalar\u0131n ard\u0131ndan piyasalar Ekim toplant\u0131s\u0131ndaki faiz indirimi olas\u0131l\u0131\u011f\u0131n\u0131 y\u00fczde 90 oran\u0131nda fiyatl\u0131yor.<\/p>\n","protected":false},"author":1,"featured_media":4465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[823,75,824,825,822],"class_list":["post-4464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doviz","tag-amb","tag-enflasyon","tag-faiz","tag-faiz-indirimi","tag-indirim"],"_links":{"self":[{"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/posts\/4464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/comments?post=4464"}],"version-history":[{"count":1,"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/posts\/4464\/revisions"}],"predecessor-version":[{"id":4466,"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/posts\/4464\/revisions\/4466"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/media\/4465"}],"wp:attachment":[{"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/media?parent=4464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/categories?post=4464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/tags?post=4464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}