{"id":2348,"date":"2026-03-11T11:24:08","date_gmt":"2026-03-11T11:24:08","guid":{"rendered":"https:\/\/www.borsaoku.com\/?p=2348"},"modified":"2026-03-11T11:24:11","modified_gmt":"2026-03-11T11:24:11","slug":"mart-ayi-faiz-karari-ve-piyasa-beklentileri","status":"publish","type":"post","link":"https:\/\/www.borsaoku.com\/index.php\/2026\/03\/11\/mart-ayi-faiz-karari-ve-piyasa-beklentileri\/","title":{"rendered":"Mart Ay\u0131 Faiz Karar\u0131 ve Piyasa Beklentileri"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">TCMB&#8217;nin 2026 \u0130kinci S\u0131nav\u0131: Mart Ay\u0131 Faiz Karar\u0131 ve Piyasa Beklentileri<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">T\u00fcrkiye ekonomisinin rotas\u0131n\u0131 belirleyen Para Politikas\u0131 Kurulu (PPK), 2026 y\u0131l\u0131n\u0131n ikinci toplant\u0131s\u0131 i\u00e7in per\u015fembe g\u00fcn\u00fc bir araya geliyor. Ocak ay\u0131nda yap\u0131lan 100 baz puanl\u0131k indirimin ard\u0131ndan politika faizinin <strong>%37<\/strong> seviyesine \u00e7ekilmesiyle ba\u015flayan s\u00fcre\u00e7te, Mart ay\u0131 karar\u0131 &#8220;gev\u015feme devam m\u0131 edecek yoksa mola m\u0131 verilecek?&#8221; sorusuna yan\u0131t olacak.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ekonomistlerin Beklentileri: &#8220;Pas&#8221; m\u0131, &#8220;\u0130ndirim&#8221; mi?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Piyasa analistleri ve ekonomistler aras\u0131nda bu ay i\u00e7in iki ana g\u00f6r\u00fc\u015f hakim:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Sabit Tutma (Pas):<\/strong> Ankete kat\u0131lan ekonomistlerin b\u00fcy\u00fck \u00e7o\u011funlu\u011fu, enflasyon beklentilerindeki kat\u0131l\u0131\u011f\u0131 ve hanehalk\u0131n\u0131n %48,81 seviyesindeki 12 ay sonras\u0131 enflasyon tahminini g\u00f6z \u00f6n\u00fcnde bulundurarak faizin <strong>%37<\/strong> d\u00fczeyinde sabit b\u0131rak\u0131laca\u011f\u0131n\u0131 \u00f6ng\u00f6r\u00fcyor.<\/li>\n\n\n\n<li><strong>S\u0131n\u0131rl\u0131 \u0130ndirim:<\/strong> Az say\u0131da analist ise dezenflasyon s\u00fcrecine destek ve b\u00fcy\u00fcme odakl\u0131 yakla\u015f\u0131m\u0131n devam\u0131 ad\u0131na 50 baz puanl\u0131k sembolik bir indirim gelebilece\u011fini tahmin ediyor.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Masadaki Kritik Veriler<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Karar metninde Merkez Bankas\u0131&#8217;n\u0131n \u015fu \u00fc\u00e7 ba\u015fl\u0131\u011fa odaklanmas\u0131 bekleniyor:<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>Enflasyon Beklentileri:<\/strong> \u015eubatta hanehalk\u0131 beklentilerinin y\u00fcksek seyretmesi, PPK&#8217;n\u0131n &#8220;s\u0131k\u0131 duru\u015f&#8221; mesaj\u0131n\u0131 korumas\u0131na neden olabilir.<\/li>\n\n\n\n<li><strong>Rezerv Art\u0131\u015f\u0131:<\/strong> 27 \u015eubat haftas\u0131nda toplam rezervlerin <strong>210 milyar dolar<\/strong> seviyesine ula\u015fmas\u0131, Merkez Bankas\u0131&#8217;n\u0131n elini g\u00fc\u00e7lendiren bir unsur olarak \u00f6ne \u00e7\u0131k\u0131yor.<\/li>\n\n\n\n<li><strong>Kredi B\u00fcy\u00fcmesi:<\/strong> Faiz indirimleri yerine, miktarsal s\u0131k\u0131la\u015ft\u0131rma ad\u0131mlar\u0131yla kredi b\u00fcy\u00fcme s\u0131n\u0131rlar\u0131n\u0131n daralt\u0131lmas\u0131 ihtimali de piyasada konu\u015fulan senaryolar aras\u0131nda.<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\">Yat\u0131r\u0131mc\u0131 Ne Yapmal\u0131?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Borsa \u0130stanbul (B\u0130ST) yat\u0131r\u0131mc\u0131lar\u0131 i\u00e7in faiz karar\u0131, \u00f6zellikle bankac\u0131l\u0131k ve gayrimenkul yat\u0131r\u0131m ortakl\u0131\u011f\u0131 (GYO) hisseleri \u00fczerinde do\u011frudan etkili olacakt\u0131r. Karar\u0131n ard\u0131ndan yay\u0131nlanacak olan <strong>PPK \u00d6zeti<\/strong>, Banka&#8217;n\u0131n y\u0131l sonu hedefi olan %30 band\u0131na ne kadar sad\u0131k kalaca\u011f\u0131na dair en \u00f6nemli ipucu olacak.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>Not:<\/strong> TCMB&#8217;nin bir sonraki toplant\u0131s\u0131 22 Nisan 2026 tarihinde ger\u00e7ekle\u015fecek.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>TCMB&#8217;nin 2026 \u0130kinci S\u0131nav\u0131: Mart Ay\u0131 Faiz Karar\u0131 ve Piyasa Beklentileri T\u00fcrkiye ekonomisinin rotas\u0131n\u0131 belirleyen Para Politikas\u0131 Kurulu<\/p>\n","protected":false},"author":1,"featured_media":2349,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wds_primary_category":245,"footnotes":""},"categories":[245],"tags":[],"class_list":["post-2348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-para-piyasa"],"_links":{"self":[{"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/posts\/2348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/comments?post=2348"}],"version-history":[{"count":1,"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/posts\/2348\/revisions"}],"predecessor-version":[{"id":2350,"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/posts\/2348\/revisions\/2350"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/media\/2349"}],"wp:attachment":[{"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/media?parent=2348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/categories?post=2348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/tags?post=2348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}