{"id":5595,"date":"2026-08-13T00:00:29","date_gmt":"2026-08-12T21:00:29","guid":{"rendered":"https:\/\/sunpress4.com\/index.php\/2026\/08\/13\/abdde-enflasyon-beklentilerle-paralel\/"},"modified":"2026-08-13T00:00:30","modified_gmt":"2026-08-12T21:00:30","slug":"abdde-enflasyon-beklentilerle-paralel","status":"publish","type":"post","link":"https:\/\/sunpress4.com\/index.php\/2026\/08\/13\/abdde-enflasyon-beklentilerle-paralel\/","title":{"rendered":"ABD’de enflasyon beklentilerle paralel"},"content":{"rendered":"

ABD’de t\u00fcketici fiyat endeksi (T\u00dcFE), Temmuz ay\u0131nda piyasa beklentilerine paralel bir art\u0131\u015f g\u00f6sterdi. ABD \u00c7al\u0131\u015fma Bakanl\u0131\u011f\u0131 taraf\u0131ndan a\u00e7\u0131klanan verilere g\u00f6re, ayl\u0131k bazda y\u00fczde 0,1’lik bir y\u00fckseli\u015f kaydedildi.<\/p>\n

G\u0131da ve enerji kalemlerinin volatil etkisinden ar\u0131nd\u0131r\u0131lm\u0131\u015f olan \u00e7ekirdek T\u00dcFE ise ayn\u0131 d\u00f6nemde ayl\u0131k y\u00fczde 0,2 oran\u0131nda artt\u0131. Bu veriler, \u00fclkenin enflasyon dinamikleri hakk\u0131nda \u00f6nemli sinyaller sunuyor.<\/p>\n

Y\u0131ll\u0131k bazda incelendi\u011finde, genel t\u00fcketici fiyatlar\u0131 y\u00fczde 3,4 oran\u0131nda art\u0131\u015f g\u00f6sterirken, \u00e7ekirdek enflasyon y\u00fczde 2,5 seviyesinde ger\u00e7ekle\u015fti. A\u00e7\u0131klanan t\u00fcm bu rakamlar, finans piyasalar\u0131n\u0131n ve ekonomistlerin \u00f6ng\u00f6r\u00fcleriyle tam olarak \u00f6rt\u00fc\u015ft\u00fc.<\/p>\n

ENERJ\u0130 VE D\u0130\u011eER HARCAMA KALEMLER\u0130NDEK\u0130 DE\u011e\u0130\u015e\u0130M<\/h2>\n

Temmuz ay\u0131nda enerji fiyatlar\u0131, bir \u00f6nceki ayda ya\u015fanan y\u00fczde 5,7’lik d\u00fc\u015f\u00fc\u015f\u00fcn ard\u0131ndan y\u00fczde 1,5 daha geriledi. Ancak bu ayl\u0131k d\u00fc\u015f\u00fc\u015fe ra\u011fmen, enerji maliyetleri y\u0131ll\u0131k bazda y\u00fczde 14,7’lik \u00f6nemli bir art\u0131\u015f sergilemeye devam etti.<\/p>\n

G\u0131da ve bar\u0131nma giderleri ise Temmuz ay\u0131nda y\u00fczde 0,1’lik s\u0131n\u0131rl\u0131 bir y\u00fckseli\u015f kaydetti. Bar\u0131nma maliyetleri, ayl\u0131k man\u015fet enflasyondaki art\u0131\u015f\u0131n yakla\u015f\u0131k \u00fc\u00e7te ikisini olu\u015fturarak, enflasyon \u00fczerindeki etkisini korudu.<\/p>\n

Di\u011fer harcama kategorilerinde de farkl\u0131 hareketlilikler g\u00f6zlendi: Yeni ara\u00e7 fiyatlar\u0131 y\u00fczde 0,1, ikinci el otomobil ve kamyon fiyatlar\u0131 ise y\u00fczde 0,4 artt\u0131. Sa\u011fl\u0131k hizmetleri fiyatlar\u0131 y\u00fczde 0,4 y\u00fckselirken, hava yolu \u00fccretlerinde y\u00fczde 2,2’lik dikkat \u00e7ekici bir art\u0131\u015f kaydedildi.<\/p>\n

ENFLASYON VER\u0130S\u0130 SONRASI FED’\u0130N FA\u0130Z ARTIRIMI BEKLENT\u0130S\u0130 AZALDI<\/h2>\n

Enflasyon verilerinin piyasa beklentileriyle uyumlu gelmesi, ABD Merkez Bankas\u0131’n\u0131n (Fed) Eyl\u00fcl ay\u0131nda bir faiz art\u0131r\u0131m\u0131na gidece\u011fi y\u00f6n\u00fcndeki piyasa beklentilerini \u00f6nemli \u00f6l\u00e7\u00fcde zay\u0131flatt\u0131.<\/p>\n

Verilerin a\u00e7\u0131klanmas\u0131n\u0131n ard\u0131ndan, ABD hisse senedi vadeli kontratlar\u0131 y\u00fckseli\u015f kaydederken, Hazine tahvil getirilerinde d\u00fc\u015f\u00fc\u015f ya\u015fand\u0131. CME Group’un FedWatch g\u00f6stergesine g\u00f6re, piyasalar\u0131n Eyl\u00fcl ay\u0131nda faiz art\u0131\u015f\u0131 ihtimaline verdi\u011fi fiyatlama y\u00fczde 42 seviyesine geriledi.<\/p>\n

K\u0131sa bir s\u00fcre \u00f6ncesine kadar Eyl\u00fcl ay\u0131nda faiz art\u0131\u015f\u0131 beklentisi olduk\u00e7a g\u00fc\u00e7l\u00fcyd\u00fc. Ancak Temmuz ay\u0131nda istihdamdaki net gerileme ve enerji fiyatlar\u0131ndaki dalgalanmalar, bu faiz art\u0131r\u0131m\u0131n\u0131n aciliyetini azaltt\u0131.<\/p>\n

FED’\u0130N KARAR \u00d6NCES\u0130 KR\u0130T\u0130K ENFLASYON VER\u0130S\u0130 TAK\u0130PTE<\/h2>\n

Fed’in para politikalar\u0131n\u0131 belirleyen Federal A\u00e7\u0131k Piyasa Komitesi (FOMC), bir sonraki kritik toplant\u0131s\u0131n\u0131 Eyl\u00fcl ay\u0131nda ger\u00e7ekle\u015ftirecek. Bu toplant\u0131 \u00f6ncesinde, Fed’in faiz karar\u0131n\u0131 do\u011frudan etkileyecek bir enflasyon verisi daha a\u00e7\u0131klanacak.<\/p>\n

Morgan Stanley Wealth Management Ba\u015fekonomisti Ellen Zentner, mevcut verilerin faiz art\u0131r\u0131m\u0131na gerek olmad\u0131\u011f\u0131 g\u00f6r\u00fc\u015f\u00fcn\u00fc destekledi\u011fini ifade etti. Ancak Zentner, Eyl\u00fcl toplant\u0131s\u0131 \u00f6ncesinde a\u00e7\u0131klanacak yeni enflasyon raporunun genel tabloyu de\u011fi\u015ftirebilece\u011fi konusunda uyard\u0131.<\/p>\n

Fed, Temmuz ay\u0131ndaki son toplant\u0131s\u0131nda politika faizini sabit tutma karar\u0131n\u0131 9’a kar\u015f\u0131 3 oyla alm\u0131\u015ft\u0131. Karara kar\u015f\u0131 \u00e7\u0131kan \u00fc\u00e7 \u00fcyenin tamam\u0131, faiz art\u0131r\u0131m\u0131 y\u00f6n\u00fcnde oy kullanm\u0131\u015ft\u0131.<\/p>\n

Piyasalar, Eyl\u00fcl toplant\u0131s\u0131na k\u0131yasla Ekim veya Aral\u0131k aylar\u0131nda olas\u0131 bir faiz art\u0131\u015f\u0131 ihtimalini daha g\u00fc\u00e7l\u00fc bir \u015fekilde fiyatlamaya ba\u015flam\u0131\u015f durumda.<\/p>\n","protected":false},"excerpt":{"rendered":"

ABD’de t\u00fcketici fiyat endeksi (T\u00dcFE), Temmuz ay\u0131nda piyasa beklentilerine paralel bir art\u0131\u015f g\u00f6sterdi. ABD \u00c7al\u0131\u015fma Bakanl\u0131\u011f\u0131 taraf\u0131ndan a\u00e7\u0131klanan verilere g\u00f6re, ayl\u0131k bazda y\u00fczde 0,1’lik bir y\u00fckseli\u015f kaydedildi. G\u0131da ve enerji kalemlerinin volatil etkisinden ar\u0131nd\u0131r\u0131lm\u0131\u015f olan \u00e7ekirdek T\u00dcFE ise ayn\u0131 d\u00f6nemde ayl\u0131k y\u00fczde 0,2 oran\u0131nda artt\u0131. Bu veriler, \u00fclkenin enflasyon dinamikleri hakk\u0131nda \u00f6nemli sinyaller sunuyor. Y\u0131ll\u0131k […]<\/p>\n","protected":false},"author":0,"featured_media":5596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-5595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi"],"_links":{"self":[{"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/posts\/5595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/comments?post=5595"}],"version-history":[{"count":1,"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/posts\/5595\/revisions"}],"predecessor-version":[{"id":5597,"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/posts\/5595\/revisions\/5597"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/media\/5596"}],"wp:attachment":[{"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/media?parent=5595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/categories?post=5595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/tags?post=5595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}