{"id":5608,"date":"2026-04-30T23:52:04","date_gmt":"2026-04-30T20:22:04","guid":{"rendered":"https:\/\/vanak.news\/?p=5608"},"modified":"2026-04-30T23:52:04","modified_gmt":"2026-04-30T20:22:04","slug":"faisal-islam-birlesik-kralliki-bekleyen-genis-belirsizlik-alani","status":"publish","type":"post","link":"https:\/\/vanak.news\/?p=5608&lang=tr","title":{"rendered":"Faisal Islam: Birle\u015fik Krall\u0131k&#8217;\u0131 Bekleyen Geni\u015f Belirsizlik Alan\u0131"},"content":{"rendered":"<p>Hi\u00e7bir faiz art\u0131\u015f\u0131, bir petrol tankerini H\u00fcrm\u00fcz Bo\u011faz\u0131&#8217;ndan ge\u00e7meye zorlayamaz veya &#8220;tehlikeli may\u0131nl\u0131 alan\u0131&#8221; temizleyemez.<\/p>\n<p>\u0130ngiltere Merkez Bankas\u0131, son toplant\u0131s\u0131n\u0131n tutanaklar\u0131nda ve yeni verilerinde, b\u00fcy\u00fck resmin -en az\u0131ndan Britanya&#8217;da- kimsenin kontrol\u00fcnde olmad\u0131\u011f\u0131n\u0131 defalarca vurgulad\u0131.<\/p>\n<p>Ancak, faiz oranlar\u0131n\u0131 sabit tutma karar\u0131 etraf\u0131ndaki m\u00fczakerelerde ve tahminlerde \u00f6nemli bir mesaj vard\u0131.<\/p>\n<p><b>Faiz indirimleri kesinlikle g\u00fcndemden kalkt\u0131<\/b>, <b>bir t\u00fcr faiz art\u0131\u015f\u0131 b\u00fcy\u00fck olas\u0131l\u0131kla ger\u00e7ekle\u015fecek<\/b> ve e\u011fer <b>petrol fiyatlar\u0131 Per\u015fembe sabahki 125 dolarl\u0131k zirvede y\u0131l\u0131n geri kalan\u0131nda da devam ederse, faiz oranlar\u0131n\u0131n bu y\u0131l %5&#8217;in \u00fczerine \u00e7\u0131kmas\u0131 gerekebilir<\/b>.<\/p>\n<p>Esasen Banka, K\u00f6rfez&#8217;deki \u00e7\u0131kmaz\u0131n birka\u00e7 ay s\u00fcrmesi halinde hangi sonu\u00e7lar\u0131n olas\u0131 oldu\u011funa dair beklentileri y\u00f6netmek i\u00e7in baz\u0131 &#8220;e\u011ferler&#8221; ve &#8220;belkiler&#8221; hakk\u0131nda ayr\u0131nt\u0131 vermeye \u00e7al\u0131\u015f\u0131yordu.<\/p>\n<p>Ate\u015fkesin ilan\u0131ndan sonra petrol fiyatlar\u0131ndaki son keskin d\u00fc\u015f\u00fc\u015f, birka\u00e7 g\u00fcn veya hafta i\u00e7inde bir t\u00fcr normale d\u00f6n\u00fc\u015f varsay\u0131m\u0131na dayan\u0131yordu.<\/p>\n<h3>&#8216;Zorlu Ko\u015fullar&#8217;<\/h3>\n<p>Benzin pompalar\u0131nda zaten s\u0131k\u0131\u015fan, yaz aylar\u0131nda gaz ve elektrik fiyatlar\u0131nda art\u0131\u015fla kar\u015f\u0131 kar\u015f\u0131ya kalan, g\u0131da fiyatlar\u0131 da y\u00fckselen haneler, <b>konut kredisi maliyetlerindeki \u00f6nemli bir art\u0131\u015f<\/b> hakk\u0131nda ne d\u00fc\u015f\u00fcnmeli?<\/p>\n<p>Bu soruyu \u0130ngiltere Merkez Bankas\u0131 Ba\u015fkan\u0131 Andrew Bailey&#8217;ye sordum.<\/p>\n<p>\u015e\u00f6yle yan\u0131tlad\u0131: &#8220;Bunlar \u00e7ok zorlu ko\u015fullar. Bu, enerji fiyatlar\u0131nda b\u00fcy\u00fck bir art\u0131\u015f. Bunda \u015f\u00fcphe yok.&#8221;<\/p>\n<p>&#8220;Bu anlamda \u00e7ok b\u00fcy\u00fck bir \u015fok ve elbette haneler taraf\u0131ndan hissediliyor.&#8221;<\/p>\n<p>&#8220;<b>Enflasyon herkes i\u00e7in k\u00f6t\u00fc, ancak \u00f6zellikle en az varl\u0131kl\u0131 olanlar i\u00e7in daha k\u00f6t\u00fc<\/b>. Enerji ve g\u0131da gibi kalemler, d\u00fc\u015f\u00fck gelirli ki\u015filerin harcamalar\u0131n\u0131n \u00e7ok daha b\u00fcy\u00fck bir b\u00f6l\u00fcm\u00fcn\u00fc olu\u015fturuyor ve bu nedenle buna \u00e7ok, \u00e7ok duyarl\u0131 olmal\u0131y\u0131z.&#8221;<\/p>\n<p>&#8220;Yani bu zor bir durum. Bizim i\u015fimiz, bu durumdan ge\u00e7ebilece\u011fimiz en iyi yolu \u00e7izmek.&#8221;<br \/>\n<br \/>Ba\u015fkan, geni\u015f bir belirsizlik alan\u0131n\u0131n yan\u0131 s\u0131ra \u00e7e\u015fitli g\u00f6r\u00fc\u015fleri de y\u00f6netiyor.<\/p>\n<p>Per\u015fembe sabah\u0131ndan \u00f6\u011fleden sonraya kadar petrol fiyat\u0131n\u0131n varil ba\u015f\u0131na 10 dolar hareket etti\u011fine dikkat \u00e7ekti.<\/p>\n<p>Enerji fiyatlar\u0131nda ani ve s\u00fcrekli d\u00fc\u015f\u00fc\u015flerin oldu\u011fu en iyi senaryoda, ba\u015fkan faiz art\u0131\u015flar\u0131ndan ka\u00e7\u0131n\u0131labilece\u011fini s\u00f6ylese de, piyasalar ablukalar\u0131n devam edece\u011fi varsay\u0131m\u0131yla Haziran veya Temmuz aylar\u0131nda bir art\u0131\u015f bekliyor.<\/p>\n<p>Her hal\u00fckarda, piyasalar Merkez Bankas\u0131&#8217;n\u0131 beklemeden uzun vadeli faiz oranlar\u0131n\u0131 yukar\u0131 \u00e7ekiyor.<\/p>\n<p>Bu durum, Banka&#8217;n\u0131n <b>ayl\u0131k \u00f6demelerde ortalama 80 sterlinlik bir art\u0131\u015fa<\/b> yol a\u00e7mas\u0131n\u0131 bekledi\u011fi sabit vadeli konut kredisi oranlar\u0131nda zaten g\u00f6r\u00fcld\u00fc.<\/p>\n<p>Konut kredisi olan hanelerin yar\u0131s\u0131ndan fazlas\u0131 sabit oranlardan \u00e7\u0131kacak ve \u00f6n\u00fcm\u00fczdeki \u00fc\u00e7 y\u0131l i\u00e7inde daha y\u00fcksek ayl\u0131k \u00f6demelerle kar\u015f\u0131la\u015fmas\u0131 bekleniyor.<\/p>\n<p>Bu durum h\u00fck\u00fcmet i\u00e7in de bir ba\u015f a\u011fr\u0131s\u0131ndan fazlas\u0131. <b>Kriz nedeniyle d\u00fcnya genelinde etkin h\u00fck\u00fcmet bor\u00e7lanma oranlar\u0131 y\u00fckseliyor<\/b>. Ve <b>Birle\u015fik Krall\u0131k oranlar\u0131, di\u011fer baz\u0131 G7 \u00fclkelerinden daha de\u011fi\u015fken oldu<\/b>.<\/p>\n<p>Ba\u015fkana Birle\u015fik Krall\u0131k&#8217;\u0131n \u00f6zel bir sorunu olup olmad\u0131\u011f\u0131n\u0131 sordum. Sterlin&#8217;in g\u00fcc\u00fcn\u00fcn bu meselenin Birle\u015fik Krall\u0131k ile ilgili olmad\u0131\u011f\u0131n\u0131 g\u00f6sterdi\u011fini s\u00f6yledi.<\/p>\n<p>&#8220;<b>Her \u015fey \u00e7at\u0131\u015fmayla ilgili<\/b>,&#8221; dedi. &#8220;Ger\u00e7ekten de hem \u00e7at\u0131\u015fmadaki fiili geli\u015fmelerden hem de \u00e7at\u0131\u015fma hakk\u0131nda s\u00f6ylenenlerden kaynaklan\u0131yor.&#8221;<br \/>\n<br \/>&#8220;Bence Birle\u015fik Krall\u0131k &#8216;primi&#8217; ilgin\u00e7. D\u00f6viz kuru hi\u00e7 hareket etmiyor.&#8221;<br \/>\n<br \/>&#8220;Bu, de\u011ferlendirme yaparken bakt\u0131\u011f\u0131m bir \u015fey: &#8216;Burada \u00f6zel bir Birle\u015fik Krall\u0131k hikayesi var m\u0131? Birle\u015fik Krall\u0131k di\u011fer \u00fclkelerden bir \u015fekilde farkl\u0131 m\u0131?'&#8221;<br \/>\n<br \/>&#8220;D\u00f6viz kuru, deneyimlerime g\u00f6re, asl\u0131nda bunun i\u00e7in hi\u00e7 de k\u00f6t\u00fc bir g\u00f6sterge de\u011fil ve pek hareket etmedi. Asl\u0131nda Brexit&#8217;ten bu yana i\u00e7inde bulundu\u011fu band\u0131n \u00fcst s\u0131n\u0131r\u0131nda i\u015flem g\u00f6r\u00fcyor.&#8221;<br \/>\n<br \/>Ekonominin ilk \u00e7eyrekte diren\u00e7 g\u00f6sterdi\u011fine dair baz\u0131 i\u015faretler var. Ancak \u015fimdi, olabilecekler hakk\u0131nda h\u00fcz\u00fcnl\u00fc bir bak\u0131\u015f atmak i\u00e7in zaman yok.<\/p>\n<p>K\u00f6rfez&#8217;deki durumun yak\u0131nda \u00e7\u00f6z\u00fclece\u011fine dair hala bir umut var. Merkez Bankas\u0131&#8217;ndan gelen mesaj ise, <b>hanelerin ve i\u015fletmelerin durumun birka\u00e7 ay s\u00fcrmesi halinde ne olaca\u011f\u0131n\u0131 ak\u0131llar\u0131nda tutmalar\u0131 gerekti\u011fidir<\/b>.<\/p>\n<p>#Birle\u015fikKrall\u0131kEkonomisi #MerkezBankas\u0131 #FaizOranlar\u0131 #Enflasyon #PetrolFiyatlar\u0131 #EnerjiKrizi #KonutKredileri #K\u00fcreselBelirsizlik #H\u00fcrm\u00fczBo\u011faz\u0131 #EkonomikG\u00f6r\u00fcn\u00fcm<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hi\u00e7bir faiz art\u0131\u015f\u0131, bir petrol tankerini H\u00fcrm\u00fcz Bo\u011faz\u0131&#8217;ndan ge\u00e7meye zorlayamaz veya &#8220;tehlikeli may\u0131nl\u0131 alan\u0131&#8221; temizleyemez. \u0130ngiltere Merkez Bankas\u0131, son toplant\u0131s\u0131n\u0131n tutanaklar\u0131nda ve yeni verilerinde, b\u00fcy\u00fck resmin -en az\u0131ndan Britanya&#8217;da- kimsenin kontrol\u00fcnde olmad\u0131\u011f\u0131n\u0131 defalarca vurgulad\u0131. Ancak, faiz oranlar\u0131n\u0131 sabit tutma karar\u0131 etraf\u0131ndaki m\u00fczakerelerde ve tahminlerde \u00f6nemli bir mesaj vard\u0131. Faiz indirimleri kesinlikle g\u00fcndemden kalkt\u0131, bir t\u00fcr [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5609,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[],"class_list":["post-5608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dunya-haberleri"],"_links":{"self":[{"href":"https:\/\/vanak.news\/index.php?rest_route=\/wp\/v2\/posts\/5608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vanak.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanak.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vanak.news\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vanak.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5608"}],"version-history":[{"count":0,"href":"https:\/\/vanak.news\/index.php?rest_route=\/wp\/v2\/posts\/5608\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vanak.news\/index.php?rest_route=\/wp\/v2\/media\/5609"}],"wp:attachment":[{"href":"https:\/\/vanak.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanak.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanak.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}