{"id":45866,"date":"2026-04-30T16:57:23","date_gmt":"2026-04-30T16:57:23","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/lagarde-ecbnin-faizleri-degistirmeme-kararini-detaylandirdi-gelecekteki-politika-yonune-iliskin-sorulari-yanitladi\/"},"modified":"2026-04-30T16:57:23","modified_gmt":"2026-04-30T16:57:23","slug":"lagarde-ecbnin-faizleri-degistirmeme-kararini-detaylandirdi-gelecekteki-politika-yonune-iliskin-sorulari-yanitladi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/lagarde-ecbnin-faizleri-degistirmeme-kararini-detaylandirdi-gelecekteki-politika-yonune-iliskin-sorulari-yanitladi\/","title":{"rendered":"Lagarde, ECB\u2019nin faizleri de\u011fi\u015ftirmeme karar\u0131n\u0131 detayland\u0131rd\u0131; gelecekteki politika y\u00f6n\u00fcne ili\u015fkin sorular\u0131 yan\u0131tlad\u0131"},"content":{"rendered":"<p>ECB, nisan toplant\u0131s\u0131n\u0131n ard\u0131ndan faizleri de\u011fi\u015ftirmedi. Ana refinansman faizi (bankalar\u0131n ECB\u2019den k\u0131sa vadeli bor\u00e7land\u0131\u011f\u0131 temel oran) %2,15\u2019te, marjinal bor\u00e7 verme imk\u00e2n\u0131 (bankalar\u0131n g\u00fcn sonunda daha pahal\u0131 acil bor\u00e7lanma penceresi) %2,40\u2019ta ve mevduat faizi (bankalar\u0131n ECB\u2019de tuttuklar\u0131 fazla paraya verilen faiz) %2\u2019de kald\u0131.<\/p>\n<p>Lagarde, mevcut dalgalanma ba\u015flamadan \u00f6nce ekonominin ivme ta\u015f\u0131d\u0131\u011f\u0131n\u0131, b\u00fcy\u00fcmeyi h\u00e2l\u00e2 i\u00e7 talebin destekledi\u011fini s\u00f6yledi. G\u00f6r\u00fcn\u00fcm\u00fcn \u00e7ok belirsiz oldu\u011funu; \u00e7at\u0131\u015fmalar\u0131n faaliyeti bask\u0131lad\u0131\u011f\u0131n\u0131, g\u00fcvenin zay\u0131flad\u0131\u011f\u0131n\u0131 ve tedarik zincirlerinin (\u00fcretim ve ta\u015f\u0131ma hatt\u0131) bask\u0131 alt\u0131nda kald\u0131\u011f\u0131n\u0131 belirtti.<\/p>\n<h3>Energy Costs And Domestic Demand<\/h3>\n<p>Lagarde, y\u00fcksek enerji maliyetlerinin gelirleri bask\u0131layabilece\u011fini ve \u015firketlerle hanehalk\u0131n\u0131 yat\u0131r\u0131m konusunda daha temkinli h\u00e2le getirebilece\u011fini s\u00f6yledi. \u0130\u015fg\u00fcc\u00fc talebinin (i\u015fe al\u0131m iste\u011fi) daha da so\u011fudu\u011funu, hanehalk\u0131n\u0131n ise g\u00fc\u00e7l\u00fc bir mali durumda oldu\u011funu; iyi bir ba\u015flang\u0131\u00e7 noktas\u0131n\u0131n etkileri bir miktar dengeleyebilece\u011fini ifade etti.<\/p>\n<p>ECB, enflasyonda yukar\u0131 y\u00f6nl\u00fc risklerin ve b\u00fcy\u00fcmede a\u015fa\u011f\u0131 y\u00f6nl\u00fc risklerin artt\u0131\u011f\u0131n\u0131 a\u00e7\u0131klad\u0131; gelen verilerle toplant\u0131dan toplant\u0131ya karar verece\u011fini bildirdi. Faizlerin izleyece\u011fi yola ili\u015fkin \u00f6nceden taahh\u00fctte bulunmad\u0131\u011f\u0131n\u0131 s\u00f6yledi. APP ve PEPP portf\u00f6ylerinin (tahvil al\u0131m programlar\u0131 kapsam\u0131ndaki tahvil stoklar\u0131) ise Eurosystem\u2019in (ECB ve Euro B\u00f6lgesi ulusal merkez bankalar\u0131) vadesi gelen anapara geri \u00f6demelerini yeniden yat\u0131r\u0131ma y\u00f6nlendirmemesi nedeniyle k\u00fc\u00e7\u00fcld\u00fc\u011f\u00fcn\u00fc belirtti.<\/p>\n<p>Lagarde, \u00e7ekirdek enflasyon g\u00f6stergelerinin (enerji ve g\u0131da gibi oynak kalemler d\u0131\u015far\u0131da tutularak izlenen e\u011filim) fazla de\u011fi\u015fmedi\u011fini, uzun vadeli beklentilerin %2 civar\u0131nda oldu\u011funu ve enerji fiyatlar\u0131n\u0131n k\u0131sa vadede enflasyonu %2\u2019nin belirgin \u00fczerinde tutaca\u011f\u0131n\u0131 s\u00f6yledi. ECB, haziranda g\u00fcncellenmi\u015f senaryolar\u0131n\u0131 yay\u0131mlayacak; nisan karar\u0131 oybirli\u011fiyle al\u0131nd\u0131.<\/p>\n<p>A\u00e7\u0131klama sonras\u0131 EUR\/USD 1,1695 seviyesindeydi ve %0,17 y\u00fckseldi. Nisan ay\u0131 hizmet PMI (sat\u0131n alma y\u00f6neticileri endeksi; 50\u2019nin alt\u0131 daralmaya i\u015faret eder) 47,4 olarak bildirildi. Piyasalar y\u0131l sonuna kadar toplam yakla\u015f\u0131k 65 baz puanl\u0131k (0,65 puan) ek s\u0131k\u0131la\u015fmay\u0131 fiyatl\u0131yordu.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ECB frene basmad\u0131: Nisan\u2019da faizler sabit, belirsizlik t\u0131rman\u0131yor. Lagarde enerji maliyetlerine dikkat \u00e7ekti; i\u00e7 talep destekli b\u00fcy\u00fcme zay\u0131fl\u0131yor. Enflasyonda yukar\u0131, b\u00fcy\u00fcmede a\u015fa\u011f\u0131 riskler artt\u0131; EUR\/USD y\u00fckseldi.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-45866","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/45866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=45866"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/45866\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=45866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=45866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=45866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}