{"id":2748,"date":"2026-06-17T09:01:34","date_gmt":"2026-06-17T06:01:34","guid":{"rendered":"https:\/\/fxknews.com\/?p=2748"},"modified":"2026-06-17T09:01:35","modified_gmt":"2026-06-17T06:01:35","slug":"yeni-fed-baskani-icin-duzenlenen-ilk-basin-toplantisi-her-zaman-olayli-gecer","status":"publish","type":"post","link":"https:\/\/fxknews.com\/?p=2748","title":{"rendered":"Yeni Fed Ba\u015fkan\u0131 \u0130\u00e7in D\u00fczenlenen \u0130lk Bas\u0131n Toplant\u0131s\u0131 Her Zaman Olayl\u0131 Ge\u00e7er"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Federal Rezerv&#8217;de, g\u00f6reve yeni ba\u015flayan ba\u015fkanlar\u0131n g\u00f6rev s\u00fcrelerinin ba\u015flar\u0131nda veya ilk bas\u0131n toplant\u0131lar\u0131nda kendilerine sorun \u00e7\u0131karmalar\u0131 bir gelenek haline gelmi\u015ftir.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Canl\u0131 yay\u0131n ve s\u0131k\u0131 haz\u0131rl\u0131k gerektiren nadir olaylardan biri bu. \u00c7ar\u015famba g\u00fcn\u00fc piyasa ne bekleyece\u011finden emin de\u011fil ve bu y\u00fczden ABD dolar\u0131 bu hafta olduk\u00e7a sakin seyretti.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Neredeyse kesin olarak %4&#8217;l\u00fck enflasyon konusunda bask\u0131 alt\u0131na al\u0131nacak ve bu da onu a\u015f\u0131r\u0131 \u015fahin bir tav\u0131r sergilemeye ve dolar\u0131n y\u00fckseli\u015fine yol a\u00e7abilir. Buna kar\u015f\u0131l\u0131k, piyasa onun onay s\u00fcrecindeki a\u015f\u0131r\u0131 g\u00fcvercin tavr\u0131n\u0131 s\u00fcrd\u00fcrece\u011fini d\u00fc\u015f\u00fcnm\u00fcyor, ancak faiz indirimlerinden bahsederse, bunun yeniden fiyatland\u0131r\u0131lmas\u0131 gerekebilir. Dahas\u0131, Ba\u015fkan\u0131n bas\u0131n toplant\u0131s\u0131ndaki g\u00f6revi t\u00fcm FOMC ad\u0131na konu\u015fmakt\u0131r, bu nedenle piyasa Warsh&#8217;\u0131n g\u00f6r\u00fc\u015fleri ile Komitenin g\u00f6r\u00fc\u015fleri aras\u0131ndaki fark\u0131 anlamakta zorlanabilir.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0130\u015fte di\u011fer Fed ba\u015fkanlar\u0131n\u0131n ilk d\u00f6nemdeki baz\u0131 t\u00f6kezlemeleri:<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">\u0130\u00e7indekiler<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/fxknews.com\/?p=2748\/#Yellen\" >Yellen<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/fxknews.com\/?p=2748\/#Bernanke\" >Bernanke<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/fxknews.com\/?p=2748\/#Powell\" >Powell<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/fxknews.com\/?p=2748\/#Ders\" >Ders<\/a><\/li><\/ul><\/nav><\/div>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Yellen\"><\/span>Yellen<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Mart 2014&#8217;te Yellen, ilk bas\u0131n toplant\u0131s\u0131nda ders kitaplar\u0131nda yer alabilecek t\u00fcrden bir a\u00e7\u0131klama yapt\u0131. Parasal geni\u015flemenin sona ermesi ile ilk faiz art\u0131r\u0131m\u0131 aras\u0131ndaki &#8220;\u00f6nemli s\u00fcre&#8221;nin ne kadar oldu\u011funu tan\u0131mlamas\u0131 istendi\u011finde, bunun muhtemelen alt\u0131 ay civar\u0131nda bir \u015fey anlam\u0131na geldi\u011fini s\u00f6yledi; bu, piyasan\u0131n bekledi\u011finden daha \u015fahin bir yakla\u015f\u0131md\u0131 ve hem hisse senedi hem de tahvil piyasalar\u0131 d\u00fc\u015f\u00fc\u015f ya\u015fad\u0131.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Bernanke\"><\/span>Bernanke<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">G\u00f6rev s\u00fcresinin ba\u015flar\u0131nda ya\u015fanan bir di\u011fer \u00fcnl\u00fc olay ise Ben Bernanke&#8217;nin g\u00f6reve ba\u015flamas\u0131ndan yakla\u015f\u0131k iki ay sonra Kongre Ortak Ekonomi Komitesi \u00f6n\u00fcnde verdi\u011fi ifadede ya\u015fand\u0131. Bernanke, Fed&#8217;in iki y\u0131ld\u0131r s\u00fcren faiz art\u0131r\u0131m kampanyas\u0131na &#8220;bir noktada&#8221; ara verebilece\u011fini belirtti. Bu, borsalarda alt\u0131 y\u0131ll\u0131k zirveye yol a\u00e7t\u0131 ve Bernanke g\u00fcvercin olarak alg\u0131land\u0131. Ard\u0131ndan o hafta sonu, Beyaz Saray Muhabirleri Derne\u011fi yeme\u011finde, CNBC&#8217;den Maria Bartiromo ile sohbet ederken, piyasalar\u0131n ve medyan\u0131n yan\u0131ld\u0131\u011f\u0131n\u0131, g\u00f6revinden ayr\u0131lma sinyali vermedi\u011fini ve insanlar\u0131n onu g\u00fcvercin olarak alg\u0131lamas\u0131n\u0131n kendisini rahats\u0131z etti\u011fini s\u00f6yledi. Bartiromo da bunu Pazartesi \u00f6\u011fleden sonra canl\u0131 yay\u0131nda bildirdi ve bu da sat\u0131\u015f dalgas\u0131na yol a\u00e7t\u0131. Bernanke daha sonra bas\u0131na faiz oranlar\u0131 hakk\u0131nda konu\u015fmas\u0131n\u0131n bir yarg\u0131 hatas\u0131 oldu\u011funu s\u00f6yledi.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Powell\"><\/span>Powell<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Powell&#8217;\u0131n hata yapmas\u0131 i\u00e7in daha uzun s\u00fcre beklemek gerekti, \u00e7\u00fcnk\u00fc bu hata ancak sonbaharda geldi; ancak Ekim ay\u0131nda PBS&#8217;den Judy Woodruff ile yapt\u0131\u011f\u0131 bir r\u00f6portajda Powell, Fed&#8217;in &#8220;\u015fu anda muhtemelen n\u00f6trden \u00e7ok uzakta&#8221; oldu\u011funu ve &#8220;n\u00f6tr\u00fcn \u00f6tesine ge\u00e7ebilece\u011fini&#8221; s\u00f6yledi. Piyasalar bunu daha fazla faiz art\u0131r\u0131m\u0131 i\u00e7in ye\u015fil \u0131\u015f\u0131k olarak yorumlad\u0131 ve 2018&#8217;in d\u00f6rd\u00fcnc\u00fc \u00e7eyre\u011findeki sat\u0131\u015f dalgas\u0131n\u0131n fitilini ate\u015fledi. K\u0131sa s\u00fcre i\u00e7inde, 10 y\u0131ll\u0131k Hazine tahvil getirisi Cuma g\u00fcn\u00fc %3,06&#8217;dan %3,23&#8217;e s\u0131\u00e7rad\u0131, Dow ve S&amp;P 500 %1,8, Nasdaq ise \u00c7ar\u015famba g\u00fcnk\u00fc g\u00fcn i\u00e7i zirvelerinden Cuma g\u00fcnk\u00fc kapan\u0131\u015fa kadar %3,3 d\u00fc\u015ft\u00fc.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sadece alt\u0131 hafta sonra, New York Ekonomi Kul\u00fcb\u00fc&#8217;nde, faiz oranlar\u0131n\u0131 &#8220;n\u00f6tr aral\u0131\u011f\u0131n hemen alt\u0131nda&#8221; olarak nitelendirerek yumu\u015fatt\u0131.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O y\u0131l\u0131n Aral\u0131k ay\u0131ndaki FOMC bas\u0131n toplant\u0131s\u0131nda ikinci bir hata yapt\u0131. Fed&#8217;in bilan\u00e7osunu k\u00fc\u00e7\u00fcltme karar\u0131n\u0131 yeniden g\u00f6zden ge\u00e7irip ge\u00e7irmeyece\u011fi soruldu\u011funda, parasal s\u0131k\u0131la\u015ft\u0131rman\u0131n m\u00fczakereye a\u00e7\u0131k olmad\u0131\u011f\u0131n\u0131 ima ederek, k\u00fc\u00e7\u00fclmenin &#8220;otomatik pilotta&#8221; devam edece\u011finde \u0131srar etti. Bas\u0131n toplant\u0131s\u0131 s\u0131ras\u0131nda hisse senetleri d\u00fc\u015ft\u00fc ve Noel arifesine kadar d\u00fc\u015fmeye devam etti; bu, B\u00fcy\u00fck Buhran&#8217;dan bu yana ABD hisse senetleri i\u00e7in en k\u00f6t\u00fc Aral\u0131k ay\u0131 oldu.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">4 Ocak&#8217;ta Atlanta&#8217;daki Amerikan Ekonomi Birli\u011fi toplant\u0131s\u0131nda tam tersine bir tav\u0131r sergiledi. Yat\u0131r\u0131mc\u0131lara Fed&#8217;in t\u00fcm politika ara\u00e7lar\u0131nda esnek olaca\u011f\u0131 konusunda g\u00fcvence verdi, \u00f6nceden belirlenmi\u015f bir yol olmad\u0131\u011f\u0131n\u0131 ve Fed&#8217;in faiz oranlar\u0131 konusunda sab\u0131rl\u0131 olabilece\u011fini s\u00f6yledi ve en \u00f6nemlisi, gerekirse bilan\u00e7o k\u00fc\u00e7\u00fcltme h\u0131z\u0131n\u0131 de\u011fi\u015ftirmekten \u00e7ekinmeyece\u011fini belirtti.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ders\"><\/span>Ders<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u00dc\u00e7\u00fcnden de \u00e7\u0131kar\u0131lacak ders \u2013 ve Lagarde&#8217;\u0131n \u00fcnl\u00fc &#8220;Ben burada spreadleri kapatmak i\u00e7in bulunmuyorum&#8221; s\u00f6z\u00fc \u2013 piyasalar\u0131n k\u00fc\u00e7\u00fck sinyalleri veya m\u00fctevaz\u0131 mesajlar\u0131 al\u0131p b\u00fcy\u00fck hareketlere d\u00f6n\u00fc\u015ft\u00fcrme e\u011filiminde oldu\u011fudur. Warsh&#8217;\u0131n, Greenspan&#8217;den beri Fed&#8217;de g\u00f6r\u00fclmemi\u015f bir kibir ve dalga yaratma iste\u011fi var ki bu da dramay\u0131 art\u0131racakt\u0131r.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u015eu anda piyasa, Aral\u0131k ay\u0131 i\u00e7in 20,8 baz puanl\u0131k faiz art\u0131\u015f\u0131n\u0131 fiyatl\u0131yor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Federal Rezerv&#8217;de, g\u00f6reve yeni ba\u015flayan ba\u015fkanlar\u0131n g\u00f6rev s\u00fcrelerinin ba\u015flar\u0131nda veya ilk bas\u0131n toplant\u0131lar\u0131nda kendilerine sorun \u00e7\u0131karmalar\u0131 bir gelenek haline gelmi\u015ftir.<\/p>\n","protected":false},"author":1,"featured_media":2749,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[4,1],"tags":[27,26,55],"class_list":["post-2748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analizler","category-finansal-piyasalar","tag-faiz","tag-fed","tag-warsh"],"_links":{"self":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/2748","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=2748"}],"version-history":[{"count":1,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/2748\/revisions"}],"predecessor-version":[{"id":2750,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/2748\/revisions\/2750"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/media\/2749"}],"wp:attachment":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}