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65/100 Neutral 15.08.2026 · 12:02 Finrend AI ⏱ 1 dk 👁 7 TR

Inflation Cooling but 2% Target Remains Distant

Rick Rieder, a senior executive at BlackRock, noted that the latest CPI data has generated optimism in the markets, but inflation still remains above the Fed's 2% target. Rieder argued that the economy is now in a 'close range' to the target and that raising overnight interest rates may not be the most effective method to reduce inflation. These remarks are shaping market participants' expectations regarding interest rate policy, while attention has shifted to long-term bond yields. According to Rieder, the key issue for markets is the movement on the long end of the yield curve. Fiscal deficits, heavy Treasury issuance, and financing needs related to artificial intelligence are pushing real interest rates higher. This could affect long-term borrowing costs independently of short-term rate policy and put pressure on economic activity. This rise in long-term yields is seen as a potential risk factor for equity markets and other risky assets. Investors are beginning to monitor the impact of fiscal policies and supply factors on yields more closely, rather than focusing on when the Fed will start cutting rates. In summary, while the improvement in inflation data provides short-term relief to markets, the difficulty of reaching the 2% target and structural pressures on long-term interest rates could increase market volatility in the coming period. Rieder's comments suggest that investors should build their portfolio strategies with these dynamics in mind. This is not investment advice.

📊 BLK — Piyasa Yorumu

■ neutral · 55%

The headline notes that inflation has slowed but remains far from target, which does not fully support expectations for interest rate cuts. On the technical indicators, the RSI is at 59, in neutral territory, the MACD is slightly below its signal line, and the price is above both the SMA20 and SMA50. These mixed signals do not provide a clear short-term directional cue. The market may adopt a cautious stance following the inflation data, with a high likelihood of consolidation at current price levels. Therefore, maintaining a neutral outlook is the most appropriate approach for directional forecasting.

RSI 14
59.4
MACD
8.30
24h Δ
2.35%

📊 SPX — Piyasa Yorumu

■ neutral · 55%

The news that inflation is cooling but remains far from the 2% target could have a mixed impact on the market. On technical indicators, the RSI at 57 is in neutral territory, while the MACD remains below its signal line, suggesting weakening upward momentum in the short term. The price is trading above the 20-day and 50-day moving averages, indicating that the medium-term trend is still positive. Since the news does not fully revive expectations of interest rate cuts, investors may adopt a cautious stance. A sideways movement is expected in the short term, but a clearer catalyst is needed for an upward breakout.

RSI 14
56.9
MACD
11.44
24h Δ
0.89%

📊 NDX — Piyasa Yorumu

■ neutral · 55%

The news that inflation is cooling but still far from target could have a mixed impact on the market. The NDX index has risen 2.1% in the last 24 hours, with an RSI of 61 indicating strong momentum, but the MACD remains below the signal line. In the short term, the news does not provide clear support for continued upside, yet expectations of a sharp decline are also low. With the price above the SMA20 and SMA50, the technical outlook is positive, but the distance to the inflation target may limit risk appetite. Therefore, a neutral stance is recommended as no clear directional signal has emerged.

RSI 14
61.3
MACD
94.68
24h Δ
2.09%

📊 TLT — Piyasa Yorumu

▼ down · 55%

The news headline emphasizes that inflation remains far from the targeted 2% level. This situation could weaken expectations for interest rate cuts and push long-term bond yields higher. TLT's RSI stands at 42, indicating a weak zone, and it is below the MACD signal line, suggesting negative short-term momentum. The price is trading below both the SMA20 and SMA50, supporting a bearish technical outlook. However, the downtrend is not strong, so I expect a downward move with medium-low confidence.

RSI 14
42.2
MACD
-0.10
24h Δ
-0.24%
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