{"id":30748,"date":"2026-03-19T19:03:02","date_gmt":"2026-03-19T19:03:02","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/rabobank-fedin-2026-enflasyon-beklentisi-27-faiz-patikasini-koruyor-gecici-fiyat-baskilarina-isaret-ediyor\/"},"modified":"2026-03-19T19:03:02","modified_gmt":"2026-03-19T19:03:02","slug":"rabobank-fedin-2026-enflasyon-beklentisi-27-faiz-patikasini-koruyor-gecici-fiyat-baskilarina-isaret-ediyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/rabobank-fedin-2026-enflasyon-beklentisi-27-faiz-patikasini-koruyor-gecici-fiyat-baskilarina-isaret-ediyor\/","title":{"rendered":"Rabobank: Fed\u2019in 2026 enflasyon beklentisi %2,7; faiz patikas\u0131n\u0131 koruyor, ge\u00e7ici fiyat bask\u0131lar\u0131na i\u015faret ediyor"},"content":{"rendered":"FOMC\u2019nin mart projeksiyonlar\u0131, 2026 i\u00e7in PCE enflasyonunu (ki\u015fisel t\u00fcketim harcamalar\u0131 fiyat endeksi; ABD\u2019de enflasyonun \u00f6nemli bir g\u00f6stergesi) ve \u00e7ekirdek PCE\u2019yi (enerji ve g\u0131da gibi oynak kalemler hari\u00e7 PCE) %2,7\u2019ye y\u00fckseltti. Enflasyonun 2027\u2019de %2,2\u2019ye gerilemesi bekleniyor.\n\nDaha y\u00fcksek enflasyon ve GSYH (gayrisafi yurt i\u00e7i has\u0131la; ekonominin toplam \u00fcretimi) b\u00fcy\u00fcme tahminlerine ra\u011fmen, 2026, 2027 ve 2028 i\u00e7in medyan \u201cnokta\u201d faiz tahminleri (dot plot; FOMC \u00fcyelerinin faiz beklentilerini nokta olarak g\u00f6steren grafik) de\u011fi\u015fmedi. Dot plot medyan\u0131 h\u00e2l\u00e2 bir faiz indirimi sinyali veriyor.\n\nUzun vadeli n\u00f6tr faiz (ekonomiyi ne h\u0131zland\u0131ran ne yava\u015flatan denge faiz oran\u0131) tahmini %3,0\u2019dan %3,1\u2019e \u00e7\u0131kt\u0131. Kurul genelinde tahminler aras\u0131ndaki fark (da\u011f\u0131l\u0131m) y\u00fcksek kalmay\u0131 s\u00fcrd\u00fcr\u00fcyor.\n\nDaha \u201c\u015fahin\u201d tarafta (faiz indirimi yerine s\u0131k\u0131 para politikas\u0131n\u0131 savunanlar), 7 kat\u0131l\u0131mc\u0131 2026\u2019da hi\u00e7 faiz indirimi beklemiyor. Medyan\u0131n \u201cs\u0131f\u0131r indirim\u201de d\u00f6nmesi i\u00e7in, \u201cbir indirim\u201d bekleyen 3 kat\u0131l\u0131mc\u0131n\u0131n \u201cindirimsiz\u201d tarafa ge\u00e7mesi yeterli olur.\n\nAral\u0131k ay\u0131na k\u0131yasla 2026 tahmin aral\u0131\u011f\u0131 %2,1\u2013%3,9\u2019dan %2,6\u2013%3,6\u2019ya darald\u0131. Merkez\u00ee e\u011filim (u\u00e7 de\u011ferler hari\u00e7 daha dar tahmin band\u0131) %2,9\u2013%3,6\u2019dan %3,1\u2013%3,6\u2019ya y\u00fckseldi.\n\nFed\u2019in uzun vadeli n\u00f6tr faiz tahminini %3,1\u2019e \u00e7ekmesi ABD Dolar\u0131\u2019na temel destek sa\u011fl\u0131yor. Bu, Dolar Endeksi\u2019nin (DXY; dolar\u0131n ba\u015fl\u0131ca para birimleri kar\u015f\u0131s\u0131ndaki g\u00fcc\u00fcn\u00fc \u00f6l\u00e7en endeks) neden g\u00fc\u00e7l\u00fc kald\u0131\u011f\u0131n\u0131 ve son d\u00f6nemde 105,50 seviyesinin \u00fczerinde i\u015flem g\u00f6rd\u00fc\u011f\u00fcn\u00fc a\u00e7\u0131kl\u0131yor. Yat\u0131r\u0131mc\u0131lar, faiz indirimlerinin gecikmesinin dolar\u0131n di\u011fer b\u00fcy\u00fck para birimlerine kar\u015f\u0131 daha uzun s\u00fcre g\u00fc\u00e7l\u00fc kalmas\u0131na yol a\u00e7abilece\u011fini dikkate almal\u0131.\n<p>\n\n<p><strong>Hemen i\u015flem yapmaya ba\u015flay\u0131n &#8211; Ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in <a href=\"https:\/\/www.vtmarkets.com\/tr\/trade-now\/\">buraya<\/a> t\u0131klay\u0131n <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>Fed\u2019den s\u00fcrpriz \u015fahinle\u015fme: 2026 PCE\/\u00e7ekirdek %2,7\u2019ye \u00e7\u0131kt\u0131, 2027\u2019de %2,2 bekleniyor. Dot plot de\u011fi\u015fmedi ama n\u00f6tr faiz %3,1. 7 \u00fcye indirim beklemiyor; DXY 105,50 \u00fcst\u00fc diren\u00e7li.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-30748","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=30748"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30748\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=30748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=30748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=30748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}