{"id":54244,"date":"2026-09-17T10:53:54","date_gmt":"2026-09-17T10:53:54","guid":{"rendered":"https:\/\/www.vtmarkets.com\/ms-asia\/uncategorized\/the-fed-hiked-what-warshs-next-move-means-for-gold\/"},"modified":"2026-09-17T10:53:54","modified_gmt":"2026-09-17T10:53:54","slug":"the-fed-hiked-what-warshs-next-move-means-for-gold","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/","title":{"rendered":"Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2026\/09\/codeNTQ2YzNkYzFmNGUzYTEzZmU1YzczMDAwN2U5OWRlZDJfTWtvekVuNFNQM3NoaFZlVHpHQmNrdk5zYlZGN3lya2ZfVG9rZW46S3k2SGJBeTJRb0p1UVp4eWJCUGxYTE15Z1NmXzE3ODk2MjkyMzc6MTc4OTYzMjgzN19WNAampadd_watermarktrueampscene_typeCCM.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Rizab Persekutuan AS (Federal Reserve, \u201cFed\u201d) menaikkan julat sasaran kadar dana persekutuan (federal funds rate, iaitu kadar faedah penanda aras untuk pinjaman semalaman antara bank) sebanyak 25 mata asas kepada <strong>3.75%\u20134.00%<\/strong> pada mesyuarat FOMC 15\u201316 September.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Keputusan itu dibuat sebulat suara, dengan semua 12 ahli mengundi menyokong kenaikan. Ini ialah kenaikan kadar pertama di bawah Pengerusi Fed Kevin Warsh, dan kenaikan pertama selepas lebih tiga tahun.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Langkah ini sudah banyak dijangka pasaran, jadi bukan keputusan kadar yang paling mengejutkan. Isyarat lebih penting datang daripada unjuran ekonomi terkini Fed dan ulasan Warsh mengenai hala tuju inflasi dan dasar monetari (dasar bank pusat yang mengawal kadar faedah dan bekalan wang).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mesejnya jelas: Fed tidak melihat kenaikan September sebagai pelarasan sekali sahaja. Pembuat dasar masih bimbang tentang inflasi dan masih terbuka kepada kemungkinan pengetatan lanjut (menaikkan kadar atau mengurangkan rangsangan untuk memperlahankan permintaan).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Perbezaan ini penting untuk pasaran menjelang bulan-bulan terakhir 2026.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Mengapa Fed Naikkan Kadar?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Inflasi masih melebihi sasaran Fed 2%. Data terkini menunjukkan tekanan harga belum reda seperti yang diharapkan pembuat dasar. CPI utama Ogos (Consumer Price Index, indeks harga pengguna yang mengukur perubahan harga barangan\/perkhidmatan) kekal pada <strong>3.4% tahun ke tahun<\/strong>, manakala CPI teras (core CPI, tidak termasuk harga makanan dan tenaga yang mudah berubah) naik <strong>0.3% bulan ke bulan<\/strong>. Harga tenaga menambah ketidaktentuan, dengan harga minyak kekal melebihi AS$100 setong susulan ketegangan geopolitik dan gangguan bekalan tenaga global.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">President Trump leveled his most pointed \u2014 though still indirect \u2014 criticism yet at his hand-picked Federal Reserve chief, fuming on social media over the central bank&#39;s move to raise interest rates in a bid to calm persistent inflation <a href=\"https:\/\/t.co\/rIkkYYg2fL\">https:\/\/t.co\/rIkkYYg2fL<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/x.com\/Reuters\/status\/2100405645602099521?ref_src=twsrc%5Etfw\">September 17, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Unjuran Fed sendiri mencerminkan kebimbangan itu. Ramalan median (nilai tengah) untuk inflasi PCE 2026 dinaikkan kepada <strong>3.7% daripada 3.6% pada Jun<\/strong>. PCE (Personal Consumption Expenditures, ukuran inflasi pilihan Fed berdasarkan perbelanjaan pengguna) teras diunjurkan pada 3.4%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dalam masa sama, prospek ekonomi masih agak kukuh. Fed menaikkan unjuran median pertumbuhan KDNK (GDP, jumlah nilai keluaran ekonomi) 2026 kepada <strong>2.3% daripada 2.2%<\/strong>, dan menurunkan unjuran pengangguran kepada <strong>4.1% daripada 4.3%<\/strong>. Ini memberi lebih ruang kepada Fed untuk menumpukan pada inflasi tanpa perlu bertindak balas terhadap kemerosotan besar pasaran buruh.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Warsh mengukuhkan mesej itu dalam sidang media, dengan menyatakan inflasi masih terlalu tinggi dan trend asas inflasi belum bertambah baik dengan ketara.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Isyarat Lebih Besar: Kenaikan Lagi Masih Berkemungkinan<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Kesimpulan paling penting daripada mesyuarat September mungkin bukan kenaikan 25 mata asas itu, tetapi laluan kadar yang diunjurkan selepas ini.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ringkasan Unjuran Ekonomi (Summary of Economic Projections) September menunjukkan kadar dana persekutuan median <strong>4.1% pada hujung 2026<\/strong>, berbanding 3.8% dalam unjuran Jun. Dengan julat semasa <strong>3.75%\u20134.00%<\/strong>, unjuran itu selari dengan satu lagi kenaikan 25 mata asas sebelum akhir tahun.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">The Federal Reserve raised interest rates for the first time in more than three years. Fed Chairman Kevin Warsh said in a press conference on Wednesday the decision to raise rates was to return inflation to the reserve&#39;s 2% target in a \u201ctimelier\u201d way <a href=\"https:\/\/t.co\/S2JJhGIOSM\">https:\/\/t.co\/S2JJhGIOSM<\/a>\u2026 <a href=\"https:\/\/t.co\/rWJv2ASrHA\">pic.twitter.com\/rWJv2ASrHA<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/x.com\/business\/status\/2100314766044434633?ref_src=twsrc%5Etfw\">September 16, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Namun, taburan unjuran individu menunjukkan pembuat dasar belum sepenuhnya sehaluan. Dua belas peserta mengunjurkan kadar hujung tahun sekitar <strong>4.125%<\/strong>, empat melihat <strong>4.375%<\/strong> dan dua melihat <strong>3.875%<\/strong>. Ini menjadikan mesyuarat Disember penting untuk pasaran.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Soalan utama ialah sama ada inflasi kekal cukup kuat untuk menyokong satu lagi langkah. Data <strong>CPI, PCE, pasaran buruh dan harga tenaga<\/strong> boleh memberi kesan besar kepada jangkaan kadar dalam bulan-bulan akan datang.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Apa Maksud Petunjuk Warsh?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Ulasan Warsh selepas mesyuarat menekankan fokus Fed terhadap kestabilan harga, dengan inflasi kekal sebagai faktor utama untuk menentukan sejauh mana dasar monetari perlu kekal ketat (restrictive, iaitu kadar cukup tinggi untuk memperlahankan permintaan).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Kenyataan FOMC menyebut inflasi masih tinggi dan tindakan dasar terkini diharap menyokong kembali kepada sasaran 2% dengan lebih cepat. Ini menunjukkan Fed melihat inflasi masih berlarutan, justeru perlu mengekalkan tekanan ke atas permintaan melalui kadar faedah lebih tinggi.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Warsh juga menolak tanggapan bahawa keputusan Fed hanya respons kepada tekanan pasaran kewangan. Beliau menekankan kepentingan trend ekonomi asas dan mengulangi komitmen bank pusat untuk memulihkan kestabilan harga.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Federal Reserve Chair Kevin Warsh says the central bank raised interest rates by a quarter of a percentage point to address inflation, which remains above its 2% target, and flagged further increases in borrowing costs in the coming months <a href=\"https:\/\/t.co\/fSMuV7MWSI\">https:\/\/t.co\/fSMuV7MWSI<\/a> <a href=\"https:\/\/t.co\/HI42nDCDg2\">pic.twitter.com\/HI42nDCDg2<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/x.com\/Reuters\/status\/2100332647813722296?ref_src=twsrc%5Etfw\">September 16, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Ini memberi rangka kerja mudah untuk pasaran. Jika inflasi kekal degil (sticky, iaitu sukar turun), kenaikan lagi masih mungkin, terutama jika pertumbuhan dan pekerjaan terus kukuh. Jika inflasi mula turun dengan jelas, Fed mungkin ada ruang untuk berhenti seketika dan menilai kesan kenaikan kadar sebelum ini.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mesyuarat September mengalihkan tumpuan kepada data antara sekarang hingga Disember, bukannya menamatkan kitaran pengetatan. Pasaran akan menilai setiap data inflasi dan pekerjaan berbanding unjuran terkini Fed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Apa Maksudnya untuk Dolar AS?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Reaksi segera pasaran mencerminkan hala tuju dasar yang lebih \u201chawkish\u201d (cenderung menaikkan kadar untuk membendung inflasi). Gabungan kenaikan 25 mata asas, unjuran inflasi yang tinggi, dan kemungkinan kenaikan lagi menyokong dolar AS serta menaikkan hasil bon Perbendaharaan (Treasury yields, pulangan bon kerajaan AS). Selepas keputusan Fed, saham merosot, manakala hasil bon Perbendaharaan dua tahun meningkat apabila pasaran menilai semula laluan kadar selepas ini.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Untuk dolar, pemacu seterusnya ialah sama ada data ekonomi terus mengesahkan laluan yang diunjurkan Fed. Inflasi atau aktiviti ekonomi lebih kuat boleh mengukuhkan jangkaan kenaikan lagi, manakala data lebih lemah boleh mengurangkan keperluan pengetatan tambahan.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">US stocks whipsawed lower after the Federal Reserve raised its key interest rate for the first time in over three years to fight stubbornly high inflation stemming from soaring crude oil prices during the US-Israeli war on Iran. Alex Cohen has more <a href=\"https:\/\/t.co\/Ese9l5sSMc\">https:\/\/t.co\/Ese9l5sSMc<\/a> <a href=\"https:\/\/t.co\/xFcJJfWyh7\">pic.twitter.com\/xFcJJfWyh7<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/x.com\/Reuters\/status\/2100381721112027371?ref_src=twsrc%5Etfw\">September 17, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Kenaikan inflasi yang berterusan atau data ekonomi lebih kuat daripada jangkaan boleh mengukuhkan jangkaan kenaikan lagi dan menyokong dolar. Sebaliknya, inflasi yang lebih rendah atau aktiviti ekonomi yang perlahan boleh mengurangkan jangkaan pengetatan tambahan, terutama jika Fed mula memberi lebih perhatian kepada kesan kenaikan kadar lalu.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>DXY dan hasil bon Perbendaharaan<\/strong> kekal sebagai isyarat pengesahan yang berguna. DXY (US Dollar Index, indeks yang mengukur kekuatan dolar AS berbanding sekumpulan mata wang utama) dan hasil bon, khususnya di bahagian hadapan keluk (front end of the curve, bon tempoh pendek seperti 2 tahun) biasanya paling sensitif kepada jangkaan kadar Fed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Apa Maksudnya untuk Emas?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Emas menerima tekanan segera selepas keputusan FOMC apabila pedagang menilai semula prospek kadar faedah, dolar AS dan hasil bon kerajaan. Harga emas spot (spot gold, harga semasa untuk penghantaran segera) turun lebih <strong>1%<\/strong> selepas Fed menaikkan kadar, seketika jatuh sekitar <strong>AS$4,240 seauns<\/strong> selepas diniagakan melebihi AS$4,365 lebih awal. Pergerakan ini selari dengan pengukuhan dolar dan jangkaan Fed boleh menaikkan kadar sekali lagi tahun ini.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Gold held a decline after the Federal Reserve raised interest rates for the first time in three years and signaled another hike was likely before year-end <a href=\"https:\/\/t.co\/EayWJo2lS7\">https:\/\/t.co\/EayWJo2lS7<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/x.com\/business\/status\/2100415734874599676?ref_src=twsrc%5Etfw\">September 17, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Reaksi ini menonjolkan kaitan antara dasar monetari, hasil bon dan emas. Kadar faedah lebih tinggi meningkatkan kos peluang (opportunity cost, faedah yang \u201cdikorbankan\u201d apabila memegang aset lain) untuk memegang aset yang tidak memberi pulangan seperti emas, manakala dolar AS yang lebih kuat menjadikan emas lebih mahal kepada pembeli luar AS.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Namun hubungan ini tidak semestinya satu hala. Emas masih boleh disokong oleh permintaan aset selamat (safe-haven, aset yang dicari ketika pasaran bergolak), ketidaktentuan geopolitik dan kebimbangan inflasi. Jadi persekitaran kadar tinggi tidak semestinya bermakna emas akan terus merosot.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Kerangka yang lebih berguna \u0434\u043b\u044f pedagang ialah:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Dasar Fed \u2192 hasil bon Perbendaharaan \u2192 USD \u2192 emas<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Jika Fed terus memberi isyarat kadar lebih tinggi, dan hasil bon serta dolar turut meningkat, gabungan itu boleh terus menekan emas. Jika data ekonomi melemah dan jangkaan kadar mula reda, tekanan itu boleh berbalik.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Kesimpulan<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Mesyuarat FOMC September mengurangkan ketidaktentuan mengenai keputusan kadar pertama di bawah Kevin Warsh. Fed menaikkan kadar sebanyak <strong>25 mata asas kepada 3.75%\u20134.00%<\/strong>, manakala unjuran terkini menunjukkan kadar median hujung tahun <strong>4.1%<\/strong> serta jangkaan inflasi 2026 yang lebih tinggi.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mesejnya bukan bahawa kenaikan lagi pasti berlaku. Sebaliknya, Fed mengekalkan kemungkinan pengetatan lanjut jika inflasi kekal tinggi dan aktiviti ekonomi terus kukuh.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Untuk pasaran, tumpuan kini beralih kepada data yang akan menentukan sama ada langkah seterusnya wajar. Bagi pedagang emas, isyarat utama ialah <strong>inflasi AS, hasil bon Perbendaharaan dan dolar AS<\/strong>, kerana perubahan penunjuk ini boleh mengubah jangkaan terhadap dasar Fed dan hala tuju emas.<\/p>\n\n\n\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\"><summary><strong>Soalan Lazim (FAQ)<\/strong><\/summary>\n<p class=\"wp-block-paragraph\"><strong>Mengapa Fed memutuskan untuk menaikkan kadar faedah?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fed menaikkan kadar untuk mengekang inflasi yang masih melebihi sasaran 2%, dengan harga tenaga yang tinggi turut mengekalkan jangkaan inflasi pada paras tinggi.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Bagaimana kenaikan kadar Fed memberi kesan kepada harga emas?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Kenaikan kadar biasanya menaikkan hasil bon kerajaan AS dan mengukuhkan dolar AS. Ini meningkatkan kos peluang memegang aset yang tidak memberi pulangan seperti emas, lalu selalunya menekan harga emas.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Adakah Fed akan menaikkan kadar lagi tahun ini?<\/strong> Unjuran Fed bagi September menunjukkan sasaran median hujung tahun 4.1%, yang masih membuka ruang untuk satu lagi kenaikan 25 mata asas sebelum akhir tahun, bergantung pada data ekonomi.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Penunjuk apa yang patut dipantau pedagang emas selepas kenaikan kadar?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Pedagang emas patut memerhati data inflasi CPI dan PCE, laporan pekerjaan bukan ladang (non-farm payrolls, anggaran pertambahan pekerjaan bulanan di luar sektor pertanian), pergerakan hasil bon Perbendaharaan AS 10 tahun, dan turun naik Indeks Dolar AS (DXY).<\/p>\n<\/details>\n\n\n\n\n<p class=\"wp-block-paragraph\"><b>Mula berdagang sekarang \u2014 klik <a href=\"https:\/\/www.vtmarkets.com\/ms-asia\/trade-now\/\">di sini<\/a> untuk membuat akaun sebenar VT Markets anda.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"<p>Fed naikkan kadar 25 mata asas ke 3.75%\u20134.00% ketika inflasi masih degil. Unjuran hujung 2026 kini 4.1%, isyarat kenaikan lagi. USD\/hasil bon naik, emas tertekan. Data jadi penentu.<\/p>\n","protected":false},"author":87,"featured_media":54243,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5,15],"tags":[],"class_list":["post-54244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-learn"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Fed naikkan kadar 25 mata asas ke 3.75%\u20134.00% ketika inflasi masih degil. Unjuran hujung 2026 kini 4.1%, isyarat kenaikan lagi. USD\/hasil bon naik, emas tertekan. Data jadi penentu.\" \/>\n\t<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO Pro (AIOSEO) 5.0.1.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"VT Markets -\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas - VT Markets\" \/>\n\t\t<meta property=\"og:description\" content=\"Fed naikkan kadar 25 mata asas ke 3.75%\u20134.00% ketika inflasi masih degil. Unjuran hujung 2026 kini 4.1%, isyarat kenaikan lagi. USD\/hasil bon naik, emas tertekan. Data jadi penentu.\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2026-09-17T10:53:54+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2026-09-17T10:53:54+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas - VT Markets\" \/>\n\t\t<meta name=\"twitter:description\" content=\"Fed naikkan kadar 25 mata asas ke 3.75%\u20134.00% ketika inflasi masih degil. Unjuran hujung 2026 kini 4.1%, isyarat kenaikan lagi. USD\/hasil bon naik, emas tertekan. Data jadi penentu.\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/featured\\\/the-fed-hiked-what-warshs-next-move-means-for-gold\\\/#blogposting\",\"name\":\"Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas - VT Markets\",\"headline\":\"Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas\",\"author\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/author\\\/josephine\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/wp-content\\\/uploads\\\/sites\\\/30\\\/2026\\\/09\\\/download-4.jpg\",\"width\":1672,\"height\":941},\"datePublished\":\"2026-09-17T10:53:54+00:00\",\"dateModified\":\"2026-09-17T10:53:54+00:00\",\"inLanguage\":\"en-US\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/featured\\\/the-fed-hiked-what-warshs-next-move-means-for-gold\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/featured\\\/the-fed-hiked-what-warshs-next-move-means-for-gold\\\/#webpage\"},\"articleSection\":\"Featured, Learn\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/featured\\\/the-fed-hiked-what-warshs-next-move-means-for-gold\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/category\\\/featured\\\/#listItem\",\"name\":\"Featured\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/category\\\/featured\\\/#listItem\",\"position\":2,\"name\":\"Featured\",\"item\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/category\\\/featured\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/featured\\\/the-fed-hiked-what-warshs-next-move-means-for-gold\\\/#listItem\",\"name\":\"Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/featured\\\/the-fed-hiked-what-warshs-next-move-means-for-gold\\\/#listItem\",\"position\":3,\"name\":\"Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/category\\\/featured\\\/#listItem\",\"name\":\"Featured\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/#organization\",\"name\":\"VT Markets\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/author\\\/josephine\\\/#author\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/author\\\/josephine\\\/\",\"name\":\"josephine\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/featured\\\/the-fed-hiked-what-warshs-next-move-means-for-gold\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7809ddd0668c6cd297bde70914f1903a959aa8d1a194930855d6c5b37e53a6f0?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"josephine\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/featured\\\/the-fed-hiked-what-warshs-next-move-means-for-gold\\\/#webpage\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/featured\\\/the-fed-hiked-what-warshs-next-move-means-for-gold\\\/\",\"name\":\"Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas - VT Markets\",\"description\":\"Fed naikkan kadar 25 mata asas ke 3.75%\\u20134.00% ketika inflasi masih degil. Unjuran hujung 2026 kini 4.1%, isyarat kenaikan lagi. USD\\\/hasil bon naik, emas tertekan. Data jadi penentu.\",\"inLanguage\":\"en-US\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/featured\\\/the-fed-hiked-what-warshs-next-move-means-for-gold\\\/#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/author\\\/josephine\\\/#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/author\\\/josephine\\\/#author\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/wp-content\\\/uploads\\\/sites\\\/30\\\/2026\\\/09\\\/download-4.jpg\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/featured\\\/the-fed-hiked-what-warshs-next-move-means-for-gold\\\/#mainImage\",\"width\":1672,\"height\":941},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/featured\\\/the-fed-hiked-what-warshs-next-move-means-for-gold\\\/#mainImage\"},\"datePublished\":\"2026-09-17T10:53:54+00:00\",\"dateModified\":\"2026-09-17T10:53:54+00:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/#website\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/\",\"name\":\"VT Markets\",\"inLanguage\":\"en-US\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/ms-asia\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO Pro -->\r\n\t\t<title>Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas - VT Markets<\/title>\n\n","aioseo_head_json":{"title":"Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas - VT Markets","description":"Fed naikkan kadar 25 mata asas ke 3.75%\u20134.00% ketika inflasi masih degil. Unjuran hujung 2026 kini 4.1%, isyarat kenaikan lagi. USD\/hasil bon naik, emas tertekan. Data jadi penentu.","canonical_url":"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/","robots":"max-snippet:-1, max-image-preview:large, max-video-preview:-1","keywords":"","webmasterTools":{"miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BlogPosting","@id":"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/#blogposting","name":"Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas - VT Markets","headline":"Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas","author":{"@id":"https:\/\/www.vtmarkets.com\/ms-asia\/author\/josephine\/#author"},"publisher":{"@id":"https:\/\/www.vtmarkets.com\/ms-asia\/#organization"},"image":{"@type":"ImageObject","url":"https:\/\/www.vtmarkets.com\/ms-asia\/wp-content\/uploads\/sites\/30\/2026\/09\/download-4.jpg","width":1672,"height":941},"datePublished":"2026-09-17T10:53:54+00:00","dateModified":"2026-09-17T10:53:54+00:00","inLanguage":"en-US","mainEntityOfPage":{"@id":"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/#webpage"},"isPartOf":{"@id":"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/#webpage"},"articleSection":"Featured, Learn"},{"@type":"BreadcrumbList","@id":"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/ms-asia#listItem","position":1,"name":"Home","item":"https:\/\/www.vtmarkets.com\/ms-asia","nextItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/ms-asia\/category\/featured\/#listItem","name":"Featured"}},{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/ms-asia\/category\/featured\/#listItem","position":2,"name":"Featured","item":"https:\/\/www.vtmarkets.com\/ms-asia\/category\/featured\/","nextItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/#listItem","name":"Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas"},"previousItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/ms-asia#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/#listItem","position":3,"name":"Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas","previousItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/ms-asia\/category\/featured\/#listItem","name":"Featured"}}]},{"@type":"Organization","@id":"https:\/\/www.vtmarkets.com\/ms-asia\/#organization","name":"VT Markets","url":"https:\/\/www.vtmarkets.com\/ms-asia\/"},{"@type":"Person","@id":"https:\/\/www.vtmarkets.com\/ms-asia\/author\/josephine\/#author","url":"https:\/\/www.vtmarkets.com\/ms-asia\/author\/josephine\/","name":"josephine","image":{"@type":"ImageObject","@id":"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/#authorImage","url":"https:\/\/secure.gravatar.com\/avatar\/7809ddd0668c6cd297bde70914f1903a959aa8d1a194930855d6c5b37e53a6f0?s=96&d=mm&r=g","width":96,"height":96,"caption":"josephine"}},{"@type":"WebPage","@id":"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/#webpage","url":"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/","name":"Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas - VT Markets","description":"Fed naikkan kadar 25 mata asas ke 3.75%\u20134.00% ketika inflasi masih degil. Unjuran hujung 2026 kini 4.1%, isyarat kenaikan lagi. USD\/hasil bon naik, emas tertekan. Data jadi penentu.","inLanguage":"en-US","isPartOf":{"@id":"https:\/\/www.vtmarkets.com\/ms-asia\/#website"},"breadcrumb":{"@id":"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/#breadcrumblist"},"author":{"@id":"https:\/\/www.vtmarkets.com\/ms-asia\/author\/josephine\/#author"},"creator":{"@id":"https:\/\/www.vtmarkets.com\/ms-asia\/author\/josephine\/#author"},"image":{"@type":"ImageObject","url":"https:\/\/www.vtmarkets.com\/ms-asia\/wp-content\/uploads\/sites\/30\/2026\/09\/download-4.jpg","@id":"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/#mainImage","width":1672,"height":941},"primaryImageOfPage":{"@id":"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/#mainImage"},"datePublished":"2026-09-17T10:53:54+00:00","dateModified":"2026-09-17T10:53:54+00:00"},{"@type":"WebSite","@id":"https:\/\/www.vtmarkets.com\/ms-asia\/#website","url":"https:\/\/www.vtmarkets.com\/ms-asia\/","name":"VT Markets","inLanguage":"en-US","publisher":{"@id":"https:\/\/www.vtmarkets.com\/ms-asia\/#organization"}}]},"og:locale":"en_US","og:site_name":"VT Markets -","og:type":"article","og:title":"Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas - VT Markets","og:description":"Fed naikkan kadar 25 mata asas ke 3.75%\u20134.00% ketika inflasi masih degil. Unjuran hujung 2026 kini 4.1%, isyarat kenaikan lagi. USD\/hasil bon naik, emas tertekan. Data jadi penentu.","og:url":"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/","article:published_time":"2026-09-17T10:53:54+00:00","article:modified_time":"2026-09-17T10:53:54+00:00","twitter:card":"summary_large_image","twitter:title":"Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas - VT Markets","twitter:description":"Fed naikkan kadar 25 mata asas ke 3.75%\u20134.00% ketika inflasi masih degil. Unjuran hujung 2026 kini 4.1%, isyarat kenaikan lagi. USD\/hasil bon naik, emas tertekan. Data jadi penentu."},"aioseo_meta_data":{"post_id":"54244","title":null,"description":null,"keywords":null,"keyphrases":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_custom_url":null,"og_image_custom_fields":null,"og_custom_image_width":null,"og_custom_image_height":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","tabs":null,"priority":null,"frequency":null,"local_seo":null,"created":"2026-09-17 10:53:54","updated":"2026-09-17 10:55:52","primary_term":null,"og_image_url":null,"og_image_width":null,"og_image_height":null,"twitter_image_url":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"","isEnabled":true},"graphs":[]},"limit_modified_date":false,"ai":null,"breadcrumb_settings":null,"seo_analyzer_scan_date":"2026-09-17 10:55:52"},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/ms-asia\" title=\"Home\">Home<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/ms-asia\/category\/featured\/\" title=\"Featured\">Featured<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\tFed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas\n<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.vtmarkets.com\/ms-asia"},{"label":"Featured","link":"https:\/\/www.vtmarkets.com\/ms-asia\/category\/featured\/"},{"label":"Fed Naikkan Kadar Faedah: Apa Makna Langkah Seterusnya Warsh bagi Emas","link":"https:\/\/www.vtmarkets.com\/ms-asia\/featured\/the-fed-hiked-what-warshs-next-move-means-for-gold\/"}],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/ms-asia\/wp-json\/wp\/v2\/posts\/54244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/ms-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/ms-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/ms-asia\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/ms-asia\/wp-json\/wp\/v2\/comments?post=54244"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/ms-asia\/wp-json\/wp\/v2\/posts\/54244\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/ms-asia\/wp-json\/wp\/v2\/media\/54243"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/ms-asia\/wp-json\/wp\/v2\/media?parent=54244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/ms-asia\/wp-json\/wp\/v2\/categories?post=54244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/ms-asia\/wp-json\/wp\/v2\/tags?post=54244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}