ABD Merkez Bankas\u0131\u2019n\u0131n bug\u00fcnk\u00fc faiz karar\u0131nda piyasalar 25 baz puanl\u0131k art\u0131\u015f\u0131 b\u00fcy\u00fck \u00f6l\u00e7\u00fcde fiyatl\u0131yor. Bu toplant\u0131da ayr\u0131ca Ekonomik Projeksiyon \u00d6zeti (SEP) ve Dot Plot a\u00e7\u0131klanacak.<\/p>\n
Traderlar \u00f6zellikle Dot Plot\u2019a odaklan\u0131rken, Fed\u2019in iki ek faiz art\u0131\u015f\u0131 \u00f6ng\u00f6rmesi bekleniyor; bunlardan biri 2026\u2019da, di\u011feri 2027\u2019de olabilir. Bu senaryo, piyasan\u0131n 2027 sonuna kadar fiyatlad\u0131\u011f\u0131 \u00fc\u00e7 ek faiz art\u0131\u015f\u0131n\u0131n gerisinde kal\u0131yor.<\/p>\n
Kevin Warsh\u2019\u0131n forward guidance\u2019a mesafeli yakla\u015fmas\u0131 nedeniyle karar sonras\u0131 verece\u011fi mesaj daha da kritik g\u00f6r\u00fcl\u00fcyor. Warsh\u2019\u0131n Jackson Hole\u2019daki mesaj\u0131n\u0131 b\u00fcy\u00fck \u00f6l\u00e7\u00fcde tekrar etmesi beklenirken, \u00fc\u00e7 veya daha fazla ek faiz art\u0131\u015f\u0131 sinyali verilmesi \u015fahin s\u00fcrpriz say\u0131larak S&P 500\u2019de sat\u0131\u015f bask\u0131s\u0131n\u0131 art\u0131rabilir.<\/p>\n
Tersine, yaln\u0131zca bir ya da iki ek faiz art\u0131\u015f\u0131 \u00f6ng\u00f6r\u00fclmesi g\u00fcvercin alg\u0131lanarak k\u0131sa vadede rahatlama rallisine yol a\u00e7abilir. S&P 500\u2019\u00fcn son d\u00f6nemde petrol fiyatlar\u0131yla ters korelasyon i\u00e7inde hareket etti\u011fi, petrol\u00fcn psikolojik 100 dolar seviyesinin \u00fczerine \u00e7\u0131kmas\u0131n\u0131n da enflasyon ve b\u00fcy\u00fcme kayg\u0131lar\u0131n\u0131 art\u0131rarak piyasada ac\u0131 e\u015fi\u011fine ula\u015f\u0131ld\u0131\u011f\u0131 de\u011ferlendirmesi yap\u0131l\u0131yor.<\/p>\n
Orta Do\u011fu\u2019daki geli\u015fmeler de piyasalar\u0131n ana g\u00fcndeminde kal\u0131rken, b\u00f6lgede bir yumu\u015fama petrol\u00fc a\u015fa\u011f\u0131 \u00e7ekip g\u00fcvercin bir yeniden fiyatlamay\u0131 tetikleyebilir ve bu da S&P 500\u2019\u00fc destekleyebilir. \u015eimdilik daha \u015fahin bir Fed\u2019in kay\u0131plar\u0131 derinle\u015ftirebilece\u011fi, makro g\u00f6r\u00fcn\u00fcm\u00fcn ise Orta Do\u011fu\u2019da de-eskalasyon ya da daha g\u00fcvercin bir Fed gelmedik\u00e7e y\u00fckseli\u015fi s\u0131n\u0131rlayaca\u011f\u0131 belirtiliyor.<\/p>\n","protected":false},"excerpt":{"rendered":"
ABD Merkez Bankas\u0131\u2019n\u0131n bug\u00fcnk\u00fc faiz karar\u0131nda piyasalar 25 baz puanl\u0131k art\u0131\u015f\u0131 b\u00fcy\u00fck \u00f6l\u00e7\u00fcde fiyatl\u0131yor. Bu toplant\u0131da ayr\u0131ca Ekonomik Projeksiyon \u00d6zeti<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","fxk_merge_backup":"[{\"ts\":\"2026-09-16 11:31:33\",\"content\":\"ABD Merkez Bankas\\u0131\\u2019n\\u0131n bug\\u00fcn faiz karar\\u0131nda piyasalar 25 baz puanl\\u0131k art\\u0131\\u015f\\u0131 b\\u00fcy\\u00fck \\u00f6l\\u00e7\\u00fcde fiyatl\\u0131yor. Kevin Warsh, birka\\u00e7 ayd\\u0131r s\\u00fcrd\\u00fcrd\\u00fc\\u011f\\u00fc g\\u00f6revinde enflasyonu kal\\u0131c\\u0131 bi\\u00e7imde y\\u00fczde 2\\u2019ye yakla\\u015ft\\u0131rma mesaj\\u0131n\\u0131 g\\u00fc\\u00e7lendirmek zorunda kal\\u0131rken, ilk bas\\u0131n toplant\\u0131s\\u0131n\\u0131n karar\\u0131n kendisinden daha kritik olabilece\\u011fi de\\u011ferlendiriliyor.\\nWarsh\\u2019\\u0131n forward guidance\\u2019a mesafeli yakla\\u015f\\u0131m\\u0131, karar sonras\\u0131 verece\\u011fi mesaj\\u0131 daha da \\u00f6nemli hale getiriyor. Faiz art\\u0131\\u015f\\u0131n\\u0131 yaln\\u0131zca son enflasyon verisine verilen bir yan\\u0131t m\\u0131 yoksa daha uzun s\\u00fcreli s\\u0131k\\u0131la\\u015fman\\u0131n ba\\u015flang\\u0131c\\u0131 m\\u0131 olarak \\u00e7er\\u00e7eveleyece\\u011fi, tahvil, dolar ve hisse senetlerinin y\\u00f6n\\u00fc a\\u00e7\\u0131s\\u0131ndan belirleyici olabilir.\\n\\ud83d\\udca1 Bilgi Notu: Forward guidance, merkez bankas\\u0131n\\u0131n gelecekteki faiz ad\\u0131mlar\\u0131 hakk\\u0131nda piyasaya \\u00f6nceden y\\u00f6n vermesi demektir. Bu t\\u00fcr y\\u00f6nlendirme, yat\\u0131r\\u0131mc\\u0131lar\\u0131n beklentilerini \\u015fekillendirir. Warsh\\u2019\\u0131n buna mesafeli durmas\\u0131, kararlar\\u0131n daha \\u00e7ok gelen verilere g\\u00f6re al\\u0131naca\\u011f\\u0131 anlam\\u0131na gelir.\\n\"}]","footnotes":""},"categories":[8],"tags":[1427,1048,2123],"class_list":["post-18917","post","type-post","status-publish","format-standard","hentry","category-son-dakikalar","tag-faiz-artisi-2","tag-fed-faiz-karari","tag-kevin-warsh"],"_links":{"self":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/18917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18917"}],"version-history":[{"count":2,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/18917\/revisions"}],"predecessor-version":[{"id":18938,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/18917\/revisions\/18938"}],"wp:attachment":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}