ABD Merkez Bankas\u0131’n\u0131n (Fed) ger\u00e7ekle\u015ftirece\u011fi para politikas\u0131 toplant\u0131s\u0131 piyasalar\u0131n ana g\u00fcndemi olmaya devam ederken yat\u0131r\u0131mc\u0131lar Fed’in 75 baz puanl\u0131k faiz art\u0131\u015f\u0131na gidece\u011fini fiyatl\u0131yor.<\/b><\/p>\n
ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) bu hafta \u00e7ar\u015famba g\u00fcn\u00fc sona erecek para politikas\u0131 toplant\u0131s\u0131nda 75 baz puanl\u0131k faiz art\u0131r\u0131\u015f\u0131na gidece\u011fi piyasalarda fiyatlan\u0131rken, piyasa uzmanlar\u0131 100 baz puan faiz art\u0131r\u0131m\u0131na daha az ihtimal veriyor.<\/p>\n
Fed\u2019in 75 baz puan art\u0131\u015fa gitmesi durumunda politika faizi y\u00fczde 2,25-2,50 band\u0131na y\u00fckselmi\u015f olacak. Di\u011fer yandan piyasalar Fed’in y\u0131l sonunda kadar faizleri yakla\u015f\u0131k y\u00fczde 3,5’e y\u00fckseltece\u011fini ve 2023’\u00fcn ikinci yar\u0131s\u0131nda d\u00fc\u015f\u00fcrmeye ba\u015flayaca\u011f\u0131n\u0131 fiyatl\u0131yor.<\/p>\n
26-27 Temmuz\u2019da toplanacak Fed A\u00e7\u0131k Piyasa Komitesi\u2019nin (FOMC) para politikas\u0131 toplant\u0131s\u0131nda beklenen faiz art\u0131\u015f\u0131 \u00f6ncesinde yat\u0131r\u0131mc\u0131lar k\u00fcresel ekonominin yava\u015flad\u0131\u011f\u0131na i\u015faret eden verilerin etkisiyle hareket ediyor.<\/p>\n
POWELL D\u0130KKATLE TAK\u0130P ED\u0130LECEK<\/b><\/p>\n
\u00d6te yandan Fed\u2019in faiz karar\u0131n\u0131n yan\u0131 s\u0131ra Fed Ba\u015fkan\u0131 Jerome Powell\u2019\u0131n a\u00e7\u0131klamalar\u0131 yat\u0131r\u0131mc\u0131lar\u0131n oda\u011f\u0131na yerle\u015firken, Powell\u2019\u0131n a\u00e7\u0131klamalar\u0131nda gelecek d\u00f6nem para politikas\u0131na ili\u015fkin ipu\u00e7lar\u0131 aranacak.<\/p>\n
Bu ay ABD\u2019den gelen y\u00fcksek enflasyon verilerinin ard\u0131ndan piyasa kat\u0131l\u0131mc\u0131lar\u0131n\u0131n 100 baz puanl\u0131k art\u0131\u015f beklentisi artsa da bu beklentiler sonras\u0131nda yerini Fed yetkililerinin 75 baz puanl\u0131k bir art\u0131\u015f\u0131 daha tercih edece\u011fine d\u00f6n\u00fck tahminlere b\u0131rakt\u0131.<\/p>\n
ENFLASYONDAK\u0130 ARTI\u015e S\u00dcR\u00dcYOR<\/b><\/p>\n
Fed mart ay\u0131ndan bu yana y\u00fcksek enflasyon seyri nedeniyle faiz art\u0131rmaya devam edece\u011fini a\u00e7\u0131klam\u0131\u015ft\u0131. Fed\u2019in faiz art\u0131\u015flar\u0131n\u0131 h\u0131zland\u0131rmas\u0131n\u0131n arkas\u0131ndaki en b\u00fcy\u00fck etki ise ABD\u2019de y\u00fckselen enflasyon oldu.<\/p>\n
ABD’de t\u00fcketici fiyat endeksi (T\u00dcFE) haziranda y\u00fczde 9,1’le art\u0131\u015f\u0131n\u0131 s\u00fcrd\u00fcrd\u00fc. Y\u00fczde 9,1’lik enflasyon Kas\u0131m 1981’den bu yana \u00fclkede ger\u00e7ekle\u015fen en y\u00fcksek enflasyon olarak kaydedildi.<\/p>\n
Bloomberg\u2019in aktard\u0131\u011f\u0131 de\u011ferlendirmelere g\u00f6re, eski Fed Ba\u015fkan Yard\u0131mc\u0131s\u0131 ve Brookings Enstit\u00fcs\u00fc k\u0131demli \u00fcyesi Donald Kohn enflasyonla ilgili yapt\u0131\u011f\u0131 de\u011ferlendirmesinde, \u201cEnflasyon yerle\u015fik ve yay\u0131l\u0131yor\u201d dedi..<\/p>\n
RESESYON GEL\u0130YOR MU?<\/b><\/p>\n
Y\u00fcksek enflasyon seyrinin s\u00fcrmesi Fed\u2019i faiz art\u0131\u015flar\u0131na iterken di\u011fer taraftan ekonominin durgunlu\u011fa girece\u011fi y\u00f6n\u00fcndeki endi\u015feler de y\u00fckseliyor.<\/p>\n
Son olarak ABD Hazine Bakan\u0131 Janet Yellen, Fed\u2019in enflasyonla m\u00fccadelesine duydu\u011fu g\u00fcveni dile getirdi ve Amerikan ekonomisinin geni\u015f bir durgunluk i\u00e7inde oldu\u011funa dair herhangi bir i\u015faret g\u00f6rmedi\u011fini s\u00f6yledi.<\/p>\n
Bank of America ABD Ba\u015fekonomisti Michael Gapen 2022’nin ikinci yar\u0131s\u0131ndan itibaren ba\u015flayacak \u0131l\u0131ml\u0131 bir resesyon \u00f6ng\u00f6r\u00fcrken eski ABD Hazine Bakan\u0131 Lawrence Summers ise \u201cyumu\u015fak ini\u015fin \u00e7ok m\u00fcmk\u00fcn g\u00f6r\u00fcnmedi\u011fini\u201d belirtti.<\/p>\n
Fed Ba\u015fkan\u0131 Powell ise fiyat istikrar\u0131n\u0131 sa\u011flayamaman\u0131n ABD\u2019yi resesyona sokmaktan daha b\u00fcy\u00fck bir hata olaca\u011f\u0131 g\u00f6r\u00fc\u015f\u00fcnde.<\/p>\n
NE OLMU\u015eTU?<\/b><\/p>\n
Fed, y\u00fckselen enflasyonu kontrol alt\u0131na almak i\u00e7in sene ba\u015f\u0131ndan bu yana kademeli olarak faiz art\u0131\u015f\u0131na gitmi\u015fti. Fed ilk olarak mart ay\u0131 toplant\u0131s\u0131nda, 2018\u2019den bu yana ilk kez faiz art\u0131r\u0131m\u0131na giderek politika faizini 25 baz puan art\u0131\u015fla y\u00fczde 0,25-0,50 aral\u0131\u011f\u0131na y\u00fckseltti.<\/p>\n
May\u0131s ay\u0131nda ise Fed politika faizini 50 baz puan art\u0131rarak 2000 y\u0131l\u0131ndan bu yana en y\u00fcksek faiz art\u0131\u015f\u0131n\u0131 ger\u00e7ekle\u015ftirmi\u015fti. Haziran ay\u0131nda enflasyondaki art\u0131\u015fa paralel olarak Fed faizleri 75 baz puan art\u0131rm\u0131\u015f y\u00fczde 1,75\u2019e y\u00fckseltmi\u015fti. B\u00f6ylece haziranda son 28 y\u0131l\u0131n en y\u00fcksek faiz art\u0131\u015f\u0131 ger\u00e7eklemi\u015f oldu.<\/p>\n
FED\u2019\u0130N FA\u0130Z ARTI\u015eININ ETK\u0130S\u0130 NE OLUR?<\/b><\/p>\n
Fed\u2019in faiz art\u0131\u015f hamlelerini h\u0131zlanmas\u0131n\u0131n ekonomiyi yava\u015flataca\u011f\u0131 ve dolar\u0131 di\u011fer varl\u0131klar kar\u015f\u0131s\u0131nda g\u00fc\u00e7lendirece\u011fi d\u00fc\u015f\u00fcn\u00fcl\u00fcyor.<\/p>\n
Ge\u00e7ti\u011fimiz faiz art\u0131\u015flar\u0131n\u0131n ard\u0131ndan ABD dolar\u0131 di\u011fer para birimleri ve alt\u0131n gibi varl\u0131klar kar\u015f\u0131s\u0131nda de\u011fer kazan\u0131rken borsa ve kripto gibi riskli varl\u0131klar da hem ABD tahvillerinin hem de dolar\u0131n g\u00fc\u00e7lenmesiyle gerilemi\u015fti.<\/p>\n","protected":false},"excerpt":{"rendered":"
ABD Merkez Bankas\u0131’n\u0131n (Fed) ger\u00e7ekle\u015ftirece\u011fi para politikas\u0131 toplant\u0131s\u0131 piyasalar\u0131n ana g\u00fcndemi olmaya devam ederken yat\u0131r\u0131mc\u0131lar Fed’in 75 baz …<\/p>\n","protected":false},"author":1,"featured_media":13658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[11,62,60,731,3717],"class_list":["post-13657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-abd","tag-artis","tag-enflasyon","tag-faiz","tag-fed"],"_links":{"self":[{"href":"https:\/\/haberulus.net\/index.php?rest_route=\/wp\/v2\/posts\/13657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/haberulus.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/haberulus.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/haberulus.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/haberulus.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13657"}],"version-history":[{"count":1,"href":"https:\/\/haberulus.net\/index.php?rest_route=\/wp\/v2\/posts\/13657\/revisions"}],"predecessor-version":[{"id":13659,"href":"https:\/\/haberulus.net\/index.php?rest_route=\/wp\/v2\/posts\/13657\/revisions\/13659"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/haberulus.net\/index.php?rest_route=\/wp\/v2\/media\/13658"}],"wp:attachment":[{"href":"https:\/\/haberulus.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/haberulus.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/haberulus.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}