{"id":183806,"date":"2025-11-21T19:00:15","date_gmt":"2025-11-21T16:00:15","guid":{"rendered":"https:\/\/coinmuhendisi.com\/blog\/?p=183806"},"modified":"2025-11-21T18:20:53","modified_gmt":"2025-11-21T15:20:53","slug":"fed-baskani-williams-faiz-indirimi-sinyali-verdi","status":"publish","type":"post","link":"https:\/\/coinmuhendisi.com\/blog\/fed-baskani-williams-faiz-indirimi-sinyali-verdi\/","title":{"rendered":"Fed Ba\u015fkan\u0131 Williams Faiz \u0130ndirimi Sinyali Verdi!"},"content":{"rendered":"

K\u00fcresel piyasalarda gerilim artarken, New York Fed Ba\u015fkan\u0131 John Williams<\/strong>\u2019\u0131n yapt\u0131\u011f\u0131 son a\u00e7\u0131klamalar kripto piyasalar\u0131 da dahil olmak \u00fczere t\u00fcm riskli varl\u0131klarda yeni bir volatilite d\u00f6nemine i\u015faret etti. Williams, enflasyonun so\u011fumas\u0131 ve istihdam taraf\u0131ndaki risklerin artmas\u0131 nedeniyle \u201ck\u0131sa vadede faiz indirimi<\/strong> i\u00e7in alan olu\u015ftu\u011funu\u201d belirtti. Bu mesaj, Aral\u0131k ay\u0131nda ger\u00e7ekle\u015ftirilecek FOMC toplant\u0131s\u0131na y\u00f6nelik beklentileri yeniden \u015fekillendirdi.<\/p>\n

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Williams\u2019\u0131n A\u00e7\u0131klamalar\u0131 Piyasalar\u0131 Nas\u0131l Etkiledi?<\/h2>\n

John Williams, Santiago\u2019da yapt\u0131\u011f\u0131 konu\u015fmada para politikas\u0131n\u0131n h\u00e2l\u00e2 \u201cm\u00fctevaz\u0131 \u00f6l\u00e7\u00fcde k\u0131s\u0131tlay\u0131c\u0131\u201d oldu\u011funu s\u00f6yleyerek, gerekti\u011finde gev\u015feme y\u00f6n\u00fcnde ad\u0131m at\u0131labilece\u011fini ifade etti. \u00d6zellikle istihdam taraf\u0131nda zay\u0131flama i\u015faretlerinin ortaya \u00e7\u0131kmas\u0131 ve enflasyon bask\u0131lar\u0131n\u0131n gev\u015femesi, Fed\u2019in bu kez daha esnek davranabilece\u011fi beklentisini g\u00fc\u00e7lendirdi.<\/p>\n

Williams\u2019\u0131n \u201cYak\u0131n vadede daha fazla ayarlama i\u00e7in h\u00e2l\u00e2 alan var\u201d ifadesi, piyasalarda k\u0131sa s\u00fcreli bir iyimserlik yaratsa da di\u011fer Fed \u00fcyelerinin farkl\u0131 tutumu belirsizli\u011fi art\u0131r\u0131yor. Ba\u015fkan Jerome Powell daha temkinli bir duru\u015f sergiliyor ve Aral\u0131k ay\u0131 i\u00e7in kesin bir sonu\u00e7 olmad\u0131\u011f\u0131n\u0131 vurguluyor. Bu ayr\u0131\u015fma, Fed\u2019in i\u00e7indeki g\u00f6r\u00fc\u015f farkl\u0131l\u0131klar\u0131n\u0131n belirginle\u015fti\u011fini ve karar alma s\u00fcrecinin karma\u015f\u0131kla\u015fabilece\u011fini g\u00f6steriyor. CME FedWatch verilerine g\u00f6re Aral\u0131k ay\u0131nda faiz indirimi ihtimali \u015fu an %64,4 seviyesinde bulunuyor.<\/p>\n

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Morgan Stanley: \u201cAral\u0131k\u2019ta Kesinti Beklemiyoruz\u201d<\/h2>\n

1,3 trilyon dolar y\u00f6neten Morgan Stanley ise beklentisini tamamen de\u011fi\u015ftirdi. Banka, ABD\u2019deki istihdam rakamlar\u0131nda g\u00f6r\u00fclen toparlanmay\u0131 gerek\u00e7e g\u00f6stererek Aral\u0131k ay\u0131nda faiz indirimi beklemedi\u011fini a\u00e7\u0131klad\u0131. Eyl\u00fcl ay\u0131nda istihdam\u0131n 119 bin artmas\u0131, hem mal hem de hizmet sekt\u00f6r\u00fcnde iyile\u015fme oldu\u011funu g\u00f6steriyor. Morgan Stanley, i\u015fsizli\u011fin y\u00fckseli\u015finin i\u015ften \u00e7\u0131karmalardan de\u011fil, i\u015f g\u00fcc\u00fcne yeniden kat\u0131l\u0131mdan kaynakland\u0131\u011f\u0131n\u0131 belirtiyor. Bu nedenle bankaya g\u00f6re Fed\u2019in Aral\u0131k toplant\u0131s\u0131nda aceleci bir ad\u0131m atmas\u0131 beklenmiyor.<\/p>\n

Yeni projeksiyonlara g\u00f6re Morgan Stanley, faiz indirimlerinin Ocak, Nisan ve Haziran 2026 d\u00f6neminde ger\u00e7ekle\u015febilece\u011fini \u00f6ng\u00f6r\u00fcyor. Bu ise sonbaharda yap\u0131lan tahminlerden olduk\u00e7a farkl\u0131, daha ge\u00e7 bir gev\u015feme senaryosuna i\u015faret ediyor.<\/p>\n

\u0130lginizi \u00c7ekebilir: Aster Piyasaya Ra\u011fmen G\u00fc\u00e7l\u00fc Durmaya Devam Ediyor!<\/a><\/span><\/em><\/p>\n

Bitcoin An\u0131nda Tepki Verdi<\/h2>\n

Fed Ba\u015fkan\u0131 Williams\u2019\u0131n k\u0131sa vadeli faiz indirimi sinyali sonras\u0131 Bitcoin piyasas\u0131nda h\u0131zl\u0131 bir toparlanma g\u00f6r\u00fcld\u00fc. Risk i\u015ftah\u0131n\u0131n yeniden canlanmas\u0131yla Bitcoin, sat\u0131\u015f bask\u0131s\u0131na ra\u011fmen g\u00fc\u00e7l\u00fc bir tepki y\u00fckseli\u015fi olu\u015fturdu.<\/p>\n

A\u00e7\u0131klamalar\u0131n ard\u0131ndan Bitcoin k\u0131sa s\u00fcrede 84.000 dolar seviyesine t\u0131rmand\u0131. Makro belirsizliklere ra\u011fmen gelen bu tepki, piyasada h\u00e2l\u00e2 g\u00fc\u00e7l\u00fc bir al\u0131c\u0131 taban\u0131n\u0131n bulundu\u011funu g\u00f6sterdi.<\/p>\n

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S\u0131rada Ne \u0130zlenmeli?<\/h2>\n

T\u00fcm g\u00f6zler Fed Ba\u015fkan\u0131 Jerome Powell\u2019\u0131n yapaca\u011f\u0131 bir sonraki a\u00e7\u0131klamada olacak. Powell\u2019\u0131n verece\u011fi mesajlar:<\/p>\n