\n<\/p>\n
Enflasyonun merkez bankalar\u0131n\u0131n hedeflerinin \u00fczerinde ve \u0131srarc\u0131 kalmaya devam etmesi, art arda faiz art\u0131\u015f kararlar\u0131n\u0131 getiriyor.<\/p>\n
Merkez bankalar\u0131, enflasyon hedefine ula\u015fana kadar s\u0131k\u0131la\u015ft\u0131rma ad\u0131mlar\u0131n\u0131n s\u00fcrece\u011finin sinyalini veriyor.<\/p>\n
Para politikas\u0131nda s\u0131k\u0131la\u015fmaya giden merkez bankalar\u0131 aras\u0131na T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131 da (TCMB) kat\u0131ld\u0131. TCMB, enflasyon g\u00f6r\u00fcn\u00fcm\u00fcnde belirgin iyile\u015fme sa\u011flanana kadar parasal s\u0131k\u0131la\u015ft\u0131rma d\u00f6ng\u00fcs\u00fcn\u00fcn s\u00fcrece\u011fine i\u015faret etti.<\/p>\n
TCMB, ge\u00e7en ayki toplant\u0131s\u0131nda, politika faizini 650 baz puan y\u00fckselterek parasal s\u0131k\u0131la\u015ft\u0131rma d\u00f6ng\u00fcs\u00fcn\u00fc ba\u015flatt\u0131 ve bir hafta vadeli repo ihale faiz oran\u0131n\u0131 y\u00fczde 8,5’ten y\u00fczde 15’e \u00e7\u0131kard\u0131.<\/p>\n
K\u00fcresel ekonomi \u00fczerinde bask\u0131 unsuru olmaya devam eden y\u00fcksek enflasyon kar\u015f\u0131s\u0131nda aralar\u0131nda ABD, Avrupa, Kanada ve Avustralya’n\u0131n da bulundu\u011fu 10 b\u00fcy\u00fck merkez bankas\u0131, son bir y\u0131ldaki 77 toplant\u0131s\u0131n\u0131n 66’s\u0131nda politika faizini y\u00fckseltti, 11 toplant\u0131da ise sabit tuttu.<\/p>\n
ABD Merkez Bankas\u0131 (Fed), ge\u00e7en y\u0131l mart ay\u0131nda ba\u015flad\u0131\u011f\u0131 s\u0131k\u0131la\u015ft\u0131rma ad\u0131mlar\u0131na bu y\u0131l da devam etti. Temmuz 2022’den bu yana ger\u00e7ekle\u015ftirdi\u011fi 8 toplant\u0131s\u0131n\u0131n 7’sinde faiz art\u0131ran Fed, haziran toplant\u0131s\u0131nda ise gelecek verileri ve bunlar\u0131n para politikas\u0131 \u00fczerindeki etkilerini de\u011ferlendirmek i\u00e7in politika faizini y\u00fczde 5-5,25 aral\u0131\u011f\u0131nda sabit b\u0131rakt\u0131.<\/p>\n
\u00d6te yandan, Fed Ba\u015fkan\u0131 Jerome Powell, para politikas\u0131na y\u00f6nelik konu\u015fmalar\u0131nda, enflasyonu zamanla y\u00fczde 2 hedefine d\u00fc\u015f\u00fcrmek i\u00e7in bu y\u0131l baz\u0131 ek faiz art\u0131\u015flar\u0131 yap\u0131labilece\u011finin sinyalini verdi.<\/p>\n
Avrupa Merkez Bankas\u0131 (ECB), son bir y\u0131lda ald\u0131\u011f\u0131 8. faiz art\u0131r\u0131m\u0131 karar\u0131yla Avro B\u00f6lgesi’nde may\u0131sta y\u00fczde 6,1 olan enflasyonun daha da artmas\u0131na tepki verirken, gelecekte daha fazla politika s\u0131k\u0131la\u015ft\u0131rmas\u0131n\u0131n olabilece\u011fine i\u015faret etti.<\/p>\n
Hazirandaki son toplant\u0131s\u0131nda politika faizini 25 baz puan y\u00fckselten ECB, mevduat faizini y\u00fczde 3,50’ye, refinansman faizini y\u00fczde 4’e ve marjinal fonlama faizini de y\u00fczde 4,25’e \u00e7\u0131kard\u0131. B\u00f6ylece ECB, ge\u00e7en y\u0131l temmuzdan bu yana yapt\u0131\u011f\u0131 toplant\u0131lar\u0131n tamam\u0131nda politika faizini art\u0131rm\u0131\u015f oldu.<\/p>\n
\u0130ngiltere Merkez Bankas\u0131 (BoE), ge\u00e7en ay ger\u00e7ekle\u015ftirdi\u011fi toplant\u0131s\u0131nda, politika faizini 50 baz puan art\u0131rarak y\u00fczde 4,50’den y\u00fczde 5’e y\u00fckseltirken, Aral\u0131k 2021’den itibaren uygulad\u0131\u011f\u0131 s\u0131k\u0131la\u015fma ad\u0131mlar\u0131na devam etti.<\/p>\n
Son bir y\u0131lda da 8 toplant\u0131s\u0131n\u0131n t\u00fcm\u00fcnde faiz art\u0131ran BoE, enflasyonist bask\u0131lar\u0131n \u0131srarc\u0131 kalmaya devam etmesi durumunda para politikas\u0131nda daha fazla s\u0131k\u0131la\u015fma gerekece\u011fini belirtti.<\/p>\n
Kanada Merkez Bankas\u0131, haziran ay\u0131ndaki toplant\u0131s\u0131nda, politika faizini 25 baz puan art\u0131rarak son 22 y\u0131l\u0131n en y\u00fcksek seviyesi olan y\u00fczde 4,75’e \u00e7\u0131kard\u0131.<\/p>\n
Banka, b\u00f6ylelikle ge\u00e7en y\u0131l temmuzdan bu yana ger\u00e7ekle\u015ftirdi\u011fi 8 toplant\u0131n\u0131n 6’s\u0131nda politika faizini y\u00fckseltmi\u015f oldu.<\/p>\n
\u0130svi\u00e7re Merkez Bankas\u0131 (SNB), Eyl\u00fcl 2022’deki toplant\u0131s\u0131nda politika faizini 75 baz puan art\u0131rarak y\u00fczde 0,50’ye \u00e7\u0131kar\u0131rken, 8 y\u0131ld\u0131r s\u00fcren negatif faiz d\u00f6nemine son vermi\u015fti.<\/p>\n
Ge\u00e7en ay da enflasyonist bask\u0131n\u0131n yeniden artt\u0131\u011f\u0131n\u0131 vurgulayarak politika faizini 25 baz puan art\u0131\u015fla y\u00fczde 1,75’e \u00e7\u0131karan SNB, son bir y\u0131lda ger\u00e7ekle\u015ftirdi\u011fi 4 toplant\u0131da da politika faizini y\u00fckseltmi\u015f oldu.<\/p>\n
Norve\u00e7 Merkez Bankas\u0131, ge\u00e7en y\u0131l temmuzdan beri politika faizi oran\u0131nda 7 kez art\u0131\u015fa giderken, faizi bir kez sabit tuttu.<\/p>\n
Banka, ge\u00e7en y\u0131l temmuzda y\u00fczde 1,25 seviyesinde bulunan politika faiz oran\u0131n\u0131, ge\u00e7en ayki son toplant\u0131s\u0131nda da 50 baz puan art\u0131rarak y\u00fczde 3,75 seviyesine \u00e7\u0131kard\u0131.<\/p>\n
Hindistan Merkez Bankas\u0131 (RBI), son bir y\u0131lda d\u00fczenledi\u011fi 6 toplant\u0131n\u0131n 4’\u00fcnde faiz oranlar\u0131n\u0131 y\u00fckseltirken, bu y\u0131l nisan ve haziran aylar\u0131ndaki son iki toplant\u0131s\u0131nda politika faizini y\u00fczde 6,50’de sabit b\u0131rakt\u0131.<\/p>\n
RBI, ge\u00e7en y\u0131l a\u011fustos, eyl\u00fcl ve aral\u0131k aylar\u0131 ile bu y\u0131l\u0131n \u015fubat ay\u0131nda ger\u00e7ekle\u015ftirdi\u011fi toplant\u0131larda politika faizinde art\u0131\u015f karar\u0131 verdi.<\/p>\n
Avustralya Merkez Bankas\u0131 (RBA), ge\u00e7en ayki toplant\u0131s\u0131nda politika faizini 25 baz puan art\u0131rarak y\u00fczde 4,10’a y\u00fckseltmesinin ard\u0131ndan bu ayki toplant\u0131s\u0131nda faizi sabit b\u0131rakt\u0131.<\/p>\n
B\u00f6ylelikle ge\u00e7en y\u0131l temmuzdan beri 12 toplant\u0131 ger\u00e7ekle\u015ftiren RBA, bunlar\u0131n 10’unda politika faizini y\u00fckseltti.<\/p>\n
Yeni Zelanda Merkez Bankas\u0131 (RBNZ) son bir y\u0131ldaki 7 toplant\u0131s\u0131n\u0131n tamam\u0131nda faiz art\u0131\u015f\u0131na gitti.<\/p>\n
RBNZ, may\u0131staki son toplant\u0131s\u0131nda, politika faizini 25 baz puan art\u0131rarak y\u00fczde 5,50 seviyesine \u00e7\u0131karm\u0131\u015ft\u0131. Banka, politika metninde faiz art\u0131\u015flar\u0131n\u0131n sonuna gelindi\u011fi mesaj\u0131n\u0131 vermi\u015fti.<\/p>\n
G\u00fcney Kore Merkez Bankas\u0131, ge\u00e7en y\u0131l temmuzdan itibaren d\u00fczenledi\u011fi 8 toplant\u0131n\u0131n 5’inde faizi art\u0131rd\u0131.<\/p>\n
Banka, son olarak Ocak 2023’teki toplant\u0131s\u0131nda, faizi 25 baz puan art\u0131rarak y\u00fczde 3,50’ye \u00e7\u0131karmas\u0131n\u0131n ard\u0131ndan \u015fubat, nisan ve may\u0131staki toplant\u0131lar\u0131nda faiz oran\u0131n\u0131 sabit tuttu.<\/p>\n
\u00c7in ve Japonya merkez bankalar\u0131 ise para politikas\u0131nda di\u011fer b\u00fcy\u00fck bankalardan ayr\u0131\u015f\u0131yor.<\/p>\n
\u00c7in Merkez Bankas\u0131, son bir y\u0131lda politika faizinde iki kez indirime giderken, Japonya eksi y\u00fczde 0,10 ile ultra gev\u015fek para politikas\u0131n\u0131 s\u00fcrd\u00fcr\u00fcyor.<\/p>\n