<\/p>\n
2016, merkez bankalar\u0131 i\u00e7in kendi s\u0131n\u0131rlar\u0131n\u0131 ke\u015ffettikleri bir y\u0131l oldu. Zay\u0131f k\u00fcresel b\u00fcy\u00fcmenin y\u00fck\u00fcn\u00fc omuzlad\u0131klar\u0131 i\u00e7in \u00f6vg\u00fc toplamak yerine, durumu daha da k\u00f6t\u00fcle\u015ftirdiklerine y\u00f6nelik alg\u0131n\u0131n etkisiyle olumsuz y\u00f6nde tepki g\u00f6rd\u00fcler.<\/p>\n
Negaif faiz oranlar\u0131n\u0131n banka karlar\u0131n\u0131 azaltt\u0131\u011f\u0131 \u00f6ne s\u00fcr\u00fcld\u00fc. B\u00fcy\u00fck miktarl\u0131 tahvil al\u0131m programlar\u0131 yat\u0131r\u0131mlar\u0131 art\u0131rmaktan \u00e7ok piyasa spek\u00fclasyonunu art\u0131rmakla su\u00e7land\u0131.<\/p>\n
\u015eimdi ise artan pop\u00fclizm ve h\u00fck\u00fcmet harcamalar\u0131n\u0131n tekrar ra\u011fbet g\u00f6rmeye ba\u015flamas\u0131yla birlikte, 2017 y\u0131l\u0131 merkez bankalar\u0131n\u0131n sahnenin ortas\u0131ndan \u00e7ekildikleri bir y\u0131l olaca\u011fa benziyor.<\/p>\n
Japonya Merkez Bankas\u0131 (BOJ) elindeki ara\u00e7larla daha fazlas\u0131n\u0131n yap\u0131lamayaca\u011f\u0131n\u0131 farketmi\u015f durumda. \u00d6te yandan Avrupa Merkez Bankas\u0131 (AMB) tahvil al\u0131m program\u0131n\u0131n sonsuza kadar devam etmeyece\u011finin sinyalini verdi. K\u00fcresel ekonomonin Fed taraf\u0131nda ise Yellen, d\u00fc\u015f\u00fck faizlerin ekonominin arz taraf\u0131nda ne kadar az etkisi oldu\u011funu ke\u015ffetti.<\/p>\n
Hong Kong’da \u201cMerkez bankalar\u0131n\u0131n benzini bu y\u0131l bitti\u201d diyen HSBC Holdings Plc Asya ekonomik ara\u015ft\u0131rma birimi y\u00f6neticisi Frederick Neumann, \u201cParasal geni\u015fleme bu y\u0131l zirveyi g\u00f6rm\u00fc\u015f ve kademeli olarak azalacak olabilir\u201d diye devam etti.<\/p>\n
Merkez bankalar\u0131na y\u00f6nelik ele\u015ftiriler, y\u0131llarca s\u00fcren e\u015fi benzeri g\u00f6r\u00fclmemi\u015f parasal te\u015fvik sonras\u0131 k\u00fcresel ekonominin cans\u0131zl\u0131\u011f\u0131n\u0131 s\u00fcrd\u00fcrmesiyle birlikte daha da sertle\u015fti. ABD’de ba\u015fkan se\u00e7ilen Donald Trump, Fed’in hespalar\u0131n\u0131n denetlenmesi \u00e7a\u011fr\u0131s\u0131nda bulundu.<\/p>\n
Yellen ve politika yap\u0131c\u0131lar bu haftaki toplant\u0131da, on y\u0131ldan bu yana ikinci kez faiz art\u0131r\u0131m\u0131na gittiler. Fed yetkililerinin tahminleri d\u00f6rt kez faiz art\u0131r\u0131m\u0131na gidilece\u011fi y\u00f6n\u00fcndeydi. \u015eimdi ise Fed yetkilileri 2017 y\u0131l\u0131nda \u00fc\u00e7 kez faiz art\u0131r\u0131m\u0131na gidilmesini bekliyor. Buna kar\u015f\u0131n Yellen, g\u00f6r\u00fcn\u00fcm\u00fcn \u201c\u00f6nemli \u00f6l\u00e7\u00fcde belirsiz\u201d oldu\u011fu g\u00f6r\u00fc\u015f\u00fcnde. Fed Ba\u015fkan\u0131, n\u00f6tr faiz oran\u0131n\u0131n tarihi standartlara g\u00f6re \u00e7ok d\u00fc\u015f\u00fck oldu\u011funu belirtmi\u015fti.<\/p>\n
T\u00fcm parasal te\u015fvi\u011fine kar\u015f\u0131n Fed, d\u00f6rt y\u0131ldan bu yana enflasyon hedefine ula\u015fabilmi\u015f de\u011fil ve beklentiler 2018’e kadar ger\u00e7ekle\u015ftirilemeyece\u011fi y\u00f6n\u00fcnde.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bloomberght – Merkez bankalar\u0131, 2016 y\u0131l\u0131nda kendi s\u0131n\u0131rlar\u0131n\u0131 ke\u015ffetmelerinin ard\u0131ndan yeni y\u0131lda sahneden \u00e7ekilebilir<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"views":3662,"_links":{"self":[{"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/posts\/2006"}],"collection":[{"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/comments?post=2006"}],"version-history":[{"count":1,"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/posts\/2006\/revisions"}],"predecessor-version":[{"id":2007,"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/posts\/2006\/revisions\/2007"}],"wp:attachment":[{"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/media?parent=2006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/categories?post=2006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/tags?post=2006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}