Julius Baer\u2019in ba\u015f ekonomisti David Kohl, ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) 2024 Ekim ay\u0131nda faiz indirimlerine ba\u015flayaca\u011f\u0131n\u0131 ve y\u0131l sonuna kadar d\u00f6rt kez 25 baz puanl\u0131k indirim yapaca\u011f\u0131n\u0131 \u00f6ng\u00f6r\u00fcyor. Bu senaryoya g\u00f6re politika faizinin Mart 2026\u2019ya kadar %4,5\u2019ten %3,5\u2019e d\u00fc\u015fmesi bekleniyor.<\/p>\n
Banka taraf\u0131ndan yay\u0131mlanan son ara\u015ft\u0131rma notunda bu geni\u015flemeci ad\u0131mlar\u0131n gerek\u00e7esi olarak; enflasyon bask\u0131lar\u0131ndaki azalma, yava\u015flayan ekonomik b\u00fcy\u00fcme ve y\u00fckselen i\u015fsizlik oran\u0131 g\u00f6steriliyor. Bu unsurlar\u0131n, para politikas\u0131nda gev\u015femeyi destekledi\u011fi ifade ediliyor.<\/p>\n
Trump\u2019tan Powell\u2019a A\u00e7\u0131k Mesaj<\/p>\n
Siyasi cephede ise Fed \u00fczerindeki bask\u0131 art\u0131yor. Eski Ba\u015fkan Donald Trump, Fed Ba\u015fkan\u0131 Jerome Powell\u2019\u0131 sert s\u00f6zlerle ele\u015ftirerek, faizlerin bu kadar uzun s\u00fcre y\u00fcksek tutulmas\u0131n\u0131n bor\u00e7lanma maliyetlerini art\u0131rd\u0131\u011f\u0131n\u0131 s\u00f6yledi. Trump, faiz oranlar\u0131n\u0131n %1-2 aral\u0131\u011f\u0131nda olmas\u0131 gerekti\u011fini savunurken, Powell\u2019\u0131n g\u00f6rev s\u00fcresinin bitmesine 11 ay kala g\u00f6rev de\u011fi\u015fikli\u011fi sinyali de verdi. Bu a\u00e7\u0131klamalar, Powell\u2019\u0131n yetkilerinin erkenden k\u0131s\u0131tlanabilece\u011fi y\u00f6n\u00fcndeki spek\u00fclasyonlar\u0131 k\u00f6r\u00fckledi.<\/p>\n
Dolar Bask\u0131 Alt\u0131nda, G\u00f6zler \u0130stihdam Verisinde<\/p>\n
Fed\u2019e y\u00f6nelik faiz indirimi beklentileri d\u00f6viz piyasalar\u0131nda da yank\u0131 buldu. Dolar, bu beklentilerle birlikte son \u00fc\u00e7 y\u0131l\u0131n en d\u00fc\u015f\u00fck seviyelerine geriledi. Yat\u0131r\u0131mc\u0131lar, gev\u015feme sinyalleriyle dolardan \u00e7\u0131k\u0131\u015f e\u011filimini s\u00fcrd\u00fcr\u00fcyor.<\/p>\n
Yine de piyasalarda bu d\u00fc\u015f\u00fc\u015f\u00fcn kal\u0131c\u0131 olup olmayaca\u011f\u0131 konusunda netlik yok. ING analisti Francesco Pesole, bu hafta a\u00e7\u0131klanacak ABD ekonomik verilerinin dolar\u0131n seyrini belirleyece\u011fini s\u00f6yl\u00fcyor. \u00d6zellikle Per\u015fembe g\u00fcnk\u00fc tar\u0131m d\u0131\u015f\u0131 istihdam verisinin, istihdam art\u0131\u015f\u0131nda yava\u015flama g\u00f6stermesi bekleniyor. Ancak bu verinin, Fed\u2019in Temmuz ay\u0131nda harekete ge\u00e7mesi i\u00e7in yeterince g\u00fc\u00e7l\u00fc bir sinyal olup olmayaca\u011f\u0131 hen\u00fcz kesin de\u011fil.<\/p>\n","protected":false},"excerpt":{"rendered":"
Fed\u2019e y\u00f6nelik faiz indirimi beklentileri d\u00f6viz piyasalar\u0131nda da yank\u0131 buldu. Dolar, bu beklentilerle birlikte son \u00fc\u00e7 y\u0131l\u0131n en d\u00fc\u015f\u00fck seviyelerine geriledi. Yat\u0131r\u0131mc\u0131lar, gev\u015feme sinyalleriyle dolardan \u00e7\u0131k\u0131\u015f e\u011filimini s\u00fcrd\u00fcr\u00fcyor.<\/p>\n","protected":false},"author":2,"featured_media":75,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-74","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-haber"],"acf":[],"_links":{"self":[{"href":"https:\/\/openprime.co\/\/blog\/wp-json\/wp\/v2\/posts\/74","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/openprime.co\/\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/openprime.co\/\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/openprime.co\/\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/openprime.co\/\/blog\/wp-json\/wp\/v2\/comments?post=74"}],"version-history":[{"count":3,"href":"https:\/\/openprime.co\/\/blog\/wp-json\/wp\/v2\/posts\/74\/revisions"}],"predecessor-version":[{"id":78,"href":"https:\/\/openprime.co\/\/blog\/wp-json\/wp\/v2\/posts\/74\/revisions\/78"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/openprime.co\/\/blog\/wp-json\/wp\/v2\/media\/75"}],"wp:attachment":[{"href":"https:\/\/openprime.co\/\/blog\/wp-json\/wp\/v2\/media?parent=74"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/openprime.co\/\/blog\/wp-json\/wp\/v2\/categories?post=74"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/openprime.co\/\/blog\/wp-json\/wp\/v2\/tags?post=74"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}