{"id":150908,"date":"2026-09-16T22:15:36","date_gmt":"2026-09-16T19:15:36","guid":{"rendered":"https:\/\/ekonomigundemi.com.tr\/index.php\/2026\/09\/16\/fed-politika-faizini-yuzde-375-400-araligina-yukseltti"},"modified":"2026-09-16T22:15:36","modified_gmt":"2026-09-16T19:15:36","slug":"fed-politika-faizini-yuzde-375-400-araligina-yukseltti","status":"publish","type":"post","link":"https:\/\/ekonomigundemi.com.tr\/index.php\/2026\/09\/16\/fed-politika-faizini-yuzde-375-400-araligina-yukseltti\/","title":{"rendered":"Fed, politika faizini y\u00fczde 3,75-4,00 aral\u0131\u011f\u0131na y\u00fckseltti"},"content":{"rendered":"<p>Ikon Menkul De\u011ferler analizine g\u00f6re, ABD Merkez Bankas\u0131n\u0131n (Fed) politika faizini beklentiler do\u011frultusunda 25 baz puan art\u0131rarak y\u00fczde 3,75-4,00 aral\u0131\u011f\u0131na y\u00fckseltti\u011fi belirtildi. Karar\u0131n 12\u2019ye 0 oyla al\u0131nd\u0131\u011f\u0131 aktar\u0131ld\u0131.<\/p>\n<p>Raporda, piyasalar\u0131n odakland\u0131\u011f\u0131 gelece\u011fe y\u00f6nelik faiz beklentilerini g\u00f6steren dot plot grafi\u011finde, haziran ay\u0131ndaki projeksiyonlara k\u0131yasla daha y\u00fcksek faiz beklentilerinin \u00f6ne \u00e7\u0131kt\u0131\u011f\u0131 ifade edildi. Buna g\u00f6re 2026 y\u0131l\u0131 i\u00e7in 18 Fed \u00fcyesinden 16\u2019s\u0131n\u0131n bir faiz art\u0131\u015f\u0131 daha bekledi\u011fi belirtildi.<\/p>\n<p>Gelecek y\u0131llara ili\u015fkin ortanca faiz tahminlerinin 2027 i\u00e7in y\u00fczde 4,1, 2028 i\u00e7in y\u00fczde 3,9, 2029 i\u00e7in y\u00fczde 3,6 ve uzun vadede y\u00fczde 3,2 oldu\u011fu kaydedildi. Haziran ay\u0131ndaki projeksiyonlarda 2027 tahmini y\u00fczde 3,6, 2028 tahmini y\u00fczde 3,4 ve uzun vadeli tahmin y\u00fczde 3,1 seviyesindeydi.<\/p>\n<p>Ikon Menkul\u2019\u00fcn de\u011ferlendirmesinde Fed\u2019in ekonomik projeksiyonlar\u0131na da yer verildi.<\/p>\n<p>Buna g\u00f6re 2026 y\u0131l\u0131 i\u00e7in reel GSY\u0130H b\u00fcy\u00fcme tahmini y\u00fczde 2,3\u2019e y\u00fckseltilirken, \u00f6nceki tahmin y\u00fczde 2,2 olarak belirtildi. \u0130\u015fsizlik tahmini y\u00fczde 4,1\u2019e \u00e7ekilirken, PCE fiyat endeksi tahmini y\u00fczde 3,7, \u00e7ekirdek PCE fiyat endeksi tahmini ise y\u00fczde 3,4 olarak a\u00e7\u0131kland\u0131.<\/p>\n<p>2027 y\u0131l\u0131 i\u00e7in reel GSY\u0130H b\u00fcy\u00fcme tahmini y\u00fczde 2,4, i\u015fsizlik tahmini y\u00fczde 4,1, PCE fiyat endeksi tahmini y\u00fczde 2,3 ve \u00e7ekirdek PCE fiyat endeksi tahmini y\u00fczde 2,5 olarak verildi.<\/p>\n<p>2028 y\u0131l\u0131na ili\u015fkin tahminlerde ise reel GSY\u0130H b\u00fcy\u00fcmesi y\u00fczde 2,2, i\u015fsizlik y\u00fczde 4,1, PCE fiyat endeksi y\u00fczde 2,1 ve \u00e7ekirdek PCE fiyat endeksi y\u00fczde 2,2 olarak yer ald\u0131.<\/p>\n<p>Raporda, faiz karar\u0131n\u0131n ard\u0131ndan d\u00fczenlenen bas\u0131n toplant\u0131s\u0131nda konu\u015fan Fed Ba\u015fkan\u0131 Warsh\u2019\u0131n de\u011ferlendirmelerine de yer verildi.<\/p>\n<p>Warsh, ekonominin g\u00fc\u00e7l\u00fc seyrini korudu\u011funu ve i\u015f g\u00fcc\u00fc piyasas\u0131nda belirgin bir bozulma g\u00f6r\u00fclmedi\u011fini belirtirken, enflasyon g\u00f6r\u00fcn\u00fcm\u00fcn\u00fcn Fed\u2019in fiyat istikrar\u0131 hedefiyle hen\u00fcz uyumlu olmad\u0131\u011f\u0131n\u0131 ifade etti.<\/p>\n<p>Finansal ko\u015fullar\u0131n yeterince k\u0131s\u0131tlay\u0131c\u0131 olmad\u0131\u011f\u0131n\u0131 ve kredi ak\u0131\u015flar\u0131n\u0131n g\u00fc\u00e7l\u00fc seyretti\u011fini belirten Warsh, yaz aylar\u0131na ili\u015fkin verilerin enflasyonda kal\u0131c\u0131 bir iyile\u015fmeye i\u015faret etmedi\u011fini s\u00f6yledi. Warsh, enflasyon risklerinin yukar\u0131 y\u00f6nl\u00fc, i\u015f g\u00fcc\u00fc piyasas\u0131na ili\u015fkin risklerin ise dengeli oldu\u011funu kaydetti.<\/p>\n<p>Warsh, altta yatan enflasyonun zaman\u0131nda y\u00fczde 2 hedefine ilerledi\u011fine dair yeterli g\u00fcven olu\u015fmad\u0131\u011f\u0131n\u0131 belirterek, al\u0131nan karar\u0131n so\u011fukkanl\u0131 bir de\u011ferlendirme sonucunda verildi\u011fini ifade etti ve gelecekteki faiz kararlar\u0131na ili\u015fkin \u00f6nceden bir y\u00f6nlendirmede bulunmad\u0131.<\/p>\n<p>Warsh\u2019\u0131n a\u00e7\u0131klamalar\u0131nda \u015fu de\u011ferlendirmeler yer ald\u0131:<\/p>\n<p>Karar\u0131n, ekonominin g\u00fc\u00e7lendi\u011fi bir d\u00f6nemde al\u0131nd\u0131\u011f\u0131n\u0131 belirtti.<\/p>\n<p>Ana g\u00f6stergelerin son aylarda iyile\u015fti\u011fini s\u00f6yledi.<\/p>\n<p>Kredi ak\u0131\u015flar\u0131n\u0131n g\u00fc\u00e7l\u00fc oldu\u011funu ifade etti.<\/p>\n<p>Finansal ko\u015fullar\u0131 k\u0131s\u0131tlay\u0131c\u0131 olarak nitelendirmekte zorland\u0131\u011f\u0131n\u0131 belirtti.<\/p>\n<p>FOMC \u00fcyeleri aras\u0131nda finansal ko\u015fullar\u0131n k\u0131s\u0131tlay\u0131c\u0131 olmad\u0131\u011f\u0131 g\u00f6r\u00fc\u015f\u00fcn\u00fcn yayg\u0131n oldu\u011funu s\u00f6yledi.<\/p>\n<p>Ekonominin diren\u00e7li oldu\u011funu ifade etti.<\/p>\n<p>\u0130\u015fsizlik oran\u0131n\u0131n d\u00fc\u015f\u00fck kalmaya devam etti\u011fini, a\u00e7\u0131k pozisyonlar\u0131n ve \u00e7al\u0131\u015fma saatlerinin artt\u0131\u011f\u0131n\u0131 belirtti.<\/p>\n<p>Fed\u2019in yetki alan\u0131ndaki i\u015f g\u00fcc\u00fc piyasas\u0131n\u0131n iyi durumda oldu\u011funu s\u00f6yledi.<\/p>\n<p>Fed\u2019in \u00f6ncelikli odak noktas\u0131n\u0131n fiyat istikrar\u0131 oldu\u011funu vurgulad\u0131.<\/p>\n<p>Enflasyonun \u00e7ok y\u00fcksek oldu\u011funu ve bu durumun uzun s\u00fcredir devam etti\u011fini ifade etti.<\/p>\n<p>Yaz aylar\u0131na ili\u015fkin verilerin enflasyon g\u00f6r\u00fcn\u00fcm\u00fcnde iyile\u015fmeye i\u015faret etmedi\u011fini s\u00f6yledi.<\/p>\n<p>Hem 6 hem de 12 ayl\u0131k bazda y\u00fczde 3\u2019\u00fcn \u00fczerinde art\u0131\u015f g\u00f6steren kategori say\u0131s\u0131n\u0131n fazla oldu\u011funu belirtti.<\/p>\n<p>Temmuz ay\u0131nda harekete ge\u00e7meye y\u00f6nelik ortak bir haz\u0131rl\u0131k ortaya koyduklar\u0131n\u0131 hat\u0131rlatt\u0131.<\/p>\n<p>Altta yatan enflasyonun zaman\u0131nda y\u00fczde 2 hedefine do\u011fru ilerledi\u011finden emin olunmas\u0131 gerekti\u011fini ve FOMC\u2019nin bu kriterin kar\u015f\u0131lanmad\u0131\u011f\u0131na karar verdi\u011fini ifade etti.<\/p>\n<p>Enflasyon risklerinin yukar\u0131 y\u00f6nl\u00fc, i\u015f g\u00fcc\u00fc piyasas\u0131na ili\u015fkin risklerin ise dengeli oldu\u011funu belirtti.<\/p>\n<p>Fiyatlardaki herhangi bir de\u011fi\u015fikli\u011fin yay\u0131lmas\u0131n\u0131 \u00f6nleyeceklerini s\u00f6yledi.<\/p>\n<p>Al\u0131nan karar\u0131n so\u011fukkanl\u0131 bir karar oldu\u011funu ifade etti.<\/p>\n<p>Gelecekte al\u0131nabilecek kararlar\u0131 \u00f6nceden de\u011ferlendirmeyece\u011fini belirtti.<\/p>\n<p>Ikon Menkul\u2019\u00fcn raporunda ayr\u0131ca 2026 y\u0131l\u0131n\u0131n ikinci \u00e7eyre\u011finde m\u00fc\u015fterilerin y\u00fczde 38\u2019inin kar, y\u00fczde 62\u2019sinin ise zarar etti\u011fi bilgisine yer verildi.<\/p>\n<p> <strong><\/strong><br \/>\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u0130stanbul, 16 Eyl\u00fcl (Hibya) \u2013 Ikon Menkul De\u011ferler analizine g\u00f6re, ABD Merkez Bankas\u0131n\u0131n (Fed) politika faizini beklentiler do\u011frultusunda 25 baz puan art\u0131rarak y\u00fczde 3,75-4,00 aral\u0131\u011f\u0131na y\u00fckseltti\u011fi belirtildi. Karar\u0131n 12\u2019ye 0 oyla al\u0131nd\u0131\u011f\u0131 aktar\u0131ld\u0131.<\/p>\n","protected":false},"author":1,"featured_media":150909,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[4,1,9],"tags":[],"class_list":["post-150908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dunya","category-ekonomi","category-manset"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/150908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/comments?post=150908"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/150908\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/150909"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=150908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=150908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=150908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}