{"id":47583,"date":"2026-05-28T15:56:46","date_gmt":"2026-05-28T15:56:46","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/abd-cekirdek-pce-verisindeki-surpriz-fedin-uzun-sure-yuksek-faiz-durusunu-guclendirdi-hisseler-baski-altinda-dolar-yukseliste\/"},"modified":"2026-05-28T15:56:46","modified_gmt":"2026-05-28T15:56:46","slug":"abd-cekirdek-pce-verisindeki-surpriz-fedin-uzun-sure-yuksek-faiz-durusunu-guclendirdi-hisseler-baski-altinda-dolar-yukseliste","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/abd-cekirdek-pce-verisindeki-surpriz-fedin-uzun-sure-yuksek-faiz-durusunu-guclendirdi-hisseler-baski-altinda-dolar-yukseliste\/","title":{"rendered":"ABD \u00e7ekirdek PCE verisindeki s\u00fcrpriz, Fed\u2019in uzun s\u00fcre y\u00fcksek faiz duru\u015funu g\u00fc\u00e7lendirdi; hisseler bask\u0131 alt\u0131nda, dolar y\u00fckseli\u015fte"},"content":{"rendered":"<p>ABD\u2019de \u00e7ekirdek ki\u015fisel t\u00fcketim harcamalar\u0131 (PCE; hanehalk\u0131n\u0131n yapt\u0131\u011f\u0131 harcamalara g\u00f6re hesaplanan enflasyon g\u00f6stergesi) ilk \u00e7eyrekte \u00e7eyreklik bazda y\u00fczde 4,4 artt\u0131 ve beklentileri a\u015ft\u0131. Tahmin y\u00fczde 4,3\u2019t\u00fc; ger\u00e7ekle\u015fme 0,1 y\u00fczde puan daha y\u00fcksek geldi.<\/p>\n<p>Bu veri, piyasan\u0131n \u00f6ng\u00f6rd\u00fc\u011f\u00fcnden daha g\u00fc\u00e7l\u00fc (daha kal\u0131c\u0131) temel fiyat bask\u0131lar\u0131na i\u015faret ediyor. Ayr\u0131ca, \u00e7ekirdek PCE\u2019nin (g\u0131da ve enerji gibi oynak kalemler hari\u00e7 enflasyon) ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) enflasyon e\u011filimini izlerken tercih etti\u011fi g\u00f6stergelerden biri olmas\u0131n\u0131n ard\u0131ndan geldi.<\/p>\n<h3>Fed Politikas\u0131 ve Faiz Stratejilerine Etkiler<\/h3>\n<p>\u0130lk \u00e7eyrek verisinde \u00e7ekirdek PCE enflasyonunun beklentinin \u00fczerinde y\u00fczde 4,4 gelmesi, enflasyon bask\u0131lar\u0131n\u0131n beklenenden daha inat\u00e7\u0131 oldu\u011funu do\u011fruluyor. Bu durum, Fed\u2019in s\u0131k\u0131 para politikas\u0131n\u0131 (faizi y\u00fcksek tutarak talebi so\u011futma yakla\u015f\u0131m\u0131) daha uzun s\u00fcre s\u00fcrd\u00fcrme olas\u0131l\u0131\u011f\u0131n\u0131 art\u0131r\u0131yor. Bu nedenle \u00f6n\u00fcm\u00fczdeki haftalarda \u201cfaizler daha uzun s\u00fcre y\u00fcksek kal\u0131r\u201d senaryosuna g\u00f6re konumlanmak gerekir.<\/p>\n<p>Bu g\u00f6r\u00fcn\u00fcm alt\u0131nda k\u0131sa vadeli faiz t\u00fcrevlerine (faiz seviyesine ba\u011fl\u0131 s\u00f6zle\u015fmeler) y\u00f6nelik yakla\u015f\u0131m g\u00fcncelleniyor. Piyasa yaz aylar\u0131nda faiz indirimi ihtimalini h\u0131zla fiyatlamaktan \u00e7\u0131kar\u0131yor; CME FedWatch Tool (vadeli i\u015flemlerden toplant\u0131 bazl\u0131 faiz olas\u0131l\u0131\u011f\u0131 \u00e7\u0131karan g\u00f6sterge) art\u0131k eyl\u00fcl toplant\u0131s\u0131na kadar indirim olas\u0131l\u0131\u011f\u0131n\u0131 y\u00fczde 20\u2019nin alt\u0131na i\u015faret ediyor. Bu \u00e7er\u00e7evede, faizlerin y\u0131l sonuna kadar y\u00fcksek kalaca\u011f\u0131 beklentisine dayal\u0131 stratejiler \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S\u00fcrpriz enflasyon piyasay\u0131 sarst\u0131: ABD \u00e7ekirdek PCE ilk \u00e7eyrekte %4,4\u2019le beklentiyi a\u015ft\u0131. Fed\u2019in \u201cy\u00fcksek faiz daha uzun\u201d duru\u015fu g\u00fc\u00e7leniyor; yaz indirimi zay\u0131fl\u0131yor, eyl\u00fcl olas\u0131l\u0131\u011f\u0131 %20\u2019nin alt\u0131na iniyor.<\/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-47583","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\/47583","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=47583"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/47583\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=47583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=47583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=47583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}