{"id":1023,"date":"2015-04-22T20:55:12","date_gmt":"2015-04-22T11:55:12","guid":{"rendered":"http:\/\/www.globalmacroresearch.org\/jp\/?p=1023"},"modified":"2016-10-05T00:32:05","modified_gmt":"2016-10-04T15:32:05","slug":"%e3%83%90%e3%83%bc%e3%83%8a%e3%83%b3%e3%82%ad%e6%b0%8f%e3%83%96%e3%83%ad%e3%82%b0-%e3%81%a9%e3%81%86%e3%81%97%e3%81%a6%e9%87%91%e5%88%a9%e3%81%af%e3%81%9d%e3%82%8c%e3%81%bb%e3%81%a9%e4%bd%8e%e3%81%84","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/1023","title":{"rendered":"\u30d0\u30fc\u30ca\u30f3\u30ad\u6c0f\u30d6\u30ed\u30b0: \u3069\u3046\u3057\u3066\u91d1\u5229\u306f\u305d\u308c\u307b\u3069\u4f4e\u3044\u306e\u304b"},"content":{"rendered":"<p>\u3044\u304f\u3064\u304b\u306e\u30cb\u30e5\u30fc\u30b9\u3067\u3082\u5831\u3058\u3089\u308c\u3066\u3044\u308b\u3088\u3046\u306b\u3001Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u524d\u8b70\u9577\u306e\u30d9\u30f3\u30fb\u30d0\u30fc\u30ca\u30f3\u30ad\u6c0f\u304c<a href=\"http:\/\/www.brookings.edu\/blogs\/ben-bernanke\" target=\"_blank\">\u30d6\u30ed\u30b0<\/a>\u3092\u958b\u8a2d\u3057\u3066\u3044\u308b\u3002\u8b70\u9577\u6642\u4ee3\u306b\u306f\u8a00\u3044\u305f\u3044\u3053\u3068\u3092\u8a00\u3048\u306a\u304b\u3063\u305f\u3053\u3068\u3082\u3042\u3063\u3066\u304b\u3001\u304b\u306a\u308a\u9952\u820c\u306b\u8a9e\u3063\u3066\u304a\u308a\u3001\u672c\u4eba\u66f0\u304f\u300c\u3088\u3046\u3084\u304fFed\u30a6\u30a9\u30c3\u30c1\u30e3\u30fc\u306b\u76e3\u8996\u3055\u308c\u308b\u3053\u3068\u306a\u304f\u30b3\u30e1\u30f3\u30c8\u3067\u304d\u308b\u300d\u3060\u305d\u3046\u3067\u3042\u308b\u3002<\/p>\n<p>Fed\u306e\u4ed5\u4e8b\u306f98%\u304c\u5bfe\u8a71\u30012%\u304c\u653f\u7b56\u5b9f\u884c\u3060\u3063\u305f\u3068\u3082\u8a9e\u3063\u3066\u304a\u308a\u3001\u767a\u8a001\u3064\u3059\u308b\u306b\u3057\u3066\u3082\u975e\u5e38\u306b\u6c17\u3092\u9063\u3063\u305f\u306e\u3060\u308d\u3046\u3068\u601d\u3046\u3002\u3057\u304b\u3057\u3001\u5f15\u9000\u3057\u305f\u4eca\u306f\u5f7c\u3082\u6c11\u9593\u4eba\u3067\u3042\u308a\u3001\u81ea\u7531\u306b\u7d4c\u6e08\u6279\u8a55\u304c\u3067\u304d\u308b\u3068\u601d\u3044\u30d6\u30ed\u30b0\u3092\u59cb\u3081\u305f\u306e\u3060\u308d\u3046\u3002<\/p>\n<p>\u73fe\u57289\u3064\u306e\u8a18\u4e8b\u304c\u6295\u7a3f\u3055\u308c\u3066\u3044\u308b\u304c\u3001\u672c\u7a3f\u3067\u306f\u5148\u305a\u3001\u5f7c\u306e\u30d6\u30ed\u30b0\u6700\u521d\u306e\u30a8\u30c3\u30bb\u30a4\u3001\u300c\u3069\u3046\u3057\u3066\u91d1\u5229\u306f\u305d\u308c\u307b\u3069\u4f4e\u3044\u306e\u304b\uff08<a href=\"http:\/\/www.brookings.edu\/blogs\/ben-bernanke\/posts\/2015\/03\/30-why-interest-rates-so-low\" target=\"_blank\">Why are interest rates so low?<\/a>\uff09\u300d\u3092\u548c\u8a33\u3057\u3066\u53d6\u308a\u4e0a\u3052\u305f\u3044\u3002<!--more--><\/p>\n<p>\u7c73\u56fd\u3001\u65e5\u672c\u3001\u305d\u3057\u3066\u30e6\u30fc\u30ed\u570f\u306e\u91cf\u7684\u7de9\u548c\u3092\u53d7\u3051\u3001\u4e3b\u8981\u56fd\u306e\u91d1\u5229\u4f4e\u4e0b\u306f\u6b74\u53f2\u7684\u6c34\u6e96\u306b\u9054\u3057\u3066\u3044\u308b\u3002\u30d0\u30fc\u30ca\u30f3\u30ad\u6c0f\u306e\u6307\u6458\u3059\u308b\u901a\u308a\u300110\u5e74\u7269\u56fd\u50b5\u306e\u91d1\u5229\u306f\u7c73\u56fd\u30671.9%\u3001\u30c9\u30a4\u30c4\u30670.2%\u3001\u65e5\u672c\u30670.3%\u3001\u30a4\u30ae\u30ea\u30b9\u30671.6%\u3001\u30b9\u30a4\u30b9\u3067\u306f\u50c5\u304b\u306a\u304c\u3089\u30de\u30a4\u30ca\u30b9\u3068\u306a\u3063\u3066\u304a\u308a\u3001\u30b9\u30a4\u30b9\u653f\u5e9c\u306b\u304a\u91d1\u3092\u9810\u3051\u308b\u305f\u3081\u306b\u306f\u3001\u6295\u8cc7\u5bb6\u306f\u5229\u606f\u3092\u6255\u308f\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3068\u3044\u3046\u72b6\u6cc1\u3067\u3042\u308b\u3002<\/p>\n<p>\u91d1\u5229\u306e\u4f4e\u4e0b\u306f\u30a4\u30f3\u30d5\u30ec\u7387\u306e\u4f4e\u4e0b\u3068\u76f8\u95a2\u3057\u3066\u3044\u308b\u3002\u7c73\u56fd\u306e\u91d1\u5229\u3068\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u3068\u3082\u306b\u3001\u4e0b\u8a18\u306e\u8a18\u4e8b\u3067\u66f8\u3044\u305f\u30ec\u30fc\u30ac\u30ce\u30df\u30af\u30b9\u4ee5\u524d\u306e1980\u5e74\u9803\u306b\u30d4\u30fc\u30af\u306e15%\u3092\u8a18\u9332\u3057\u3066\u304a\u308a\u3001\u305d\u3053\u304b\u308935\u5e74\u9593\u9577\u671f\u4e0b\u964d\u30c8\u30ec\u30f3\u30c9\u306b\u3042\u308b\u3002\u3067\u306f\u3053\u306e\u91d1\u5229\u306e\u4f4e\u4e0b\u306f\u4f55\u6545\u8d77\u3053\u3063\u305f\u306e\u304b\uff1f\u3000\u30d0\u30fc\u30ca\u30f3\u30ad\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8a00\u3046\u3002<\/p>\n<blockquote><p>\u3053\u306e\u554f\u3044\u3092\u5e02\u5834\u306b\u554f\u3048\u3070\u3001\u300cFed\u304c\u91d1\u5229\u3092\u4f4e\u304f\u4fdd\u3063\u3066\u3044\u308b\u304b\u3089\u3060\u300d\u3068\u8fd4\u3063\u3066\u304f\u308b\u3060\u308d\u3046\u3002\u3057\u304b\u3057\u3001\u3053\u308c\u306f\u975e\u5e38\u306b\u72ed\u7fa9\u306b\u304a\u3044\u3066\u3057\u304b\u6b63\u3057\u304f\u306a\u3044\u3002Fed\u306f\u78ba\u304b\u306b\u3001\u77ed\u671f\u306e\u540d\u76ee\u91d1\u5229\u3092\u8a2d\u5b9a\u3059\u308b\u3002Fed\u306f\u9577\u671f\u306e\u30a4\u30f3\u30d5\u30ec\u671f\u5f85\u306b\u50cd\u304d\u304b\u3051\u3001\u30a4\u30f3\u30d5\u30ec\u671f\u5f85\u306f\u9577\u671f\u91d1\u5229\u306b\u5f71\u97ff\u3059\u308b\u3002\u3057\u304b\u3057\u3001\u91cd\u8981\u306a\u306e\u306f\u540d\u76ee\u3067\u306f\u306a\u304f\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u3092\u5dee\u3057\u5f15\u3044\u305f\u5b9f\u8cea\u91d1\u5229\u306a\u306e\u3067\u3042\u308b\u3002<\/p><\/blockquote>\n<p>\u5b9f\u8cea\u91d1\u5229\u3053\u305d\u304c\u8cc7\u672c\u6295\u8cc7\u306e\u6d3b\u6027\u5316\u306b\u3082\u3063\u3068\u3082\u5f71\u97ff\u3059\u308b\u304b\u3089\u3067\u3042\u308b\u3002\u305d\u3057\u3066Fed\u304c\u5b9f\u8cea\u91d1\u5229\u306b\u5bfe\u3057\u3066\u53ca\u307c\u305b\u308b\u5f71\u97ff\u306f\u9650\u3089\u308c\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002\u5b9f\u8cea\u91d1\u5229\u306f\u5c06\u6765\u306e\u7d4c\u6e08\u6210\u9577\u7387\u306a\u3069\u69d8\u3005\u306a\u7d4c\u6e08\u7684\u8981\u7d20\u306b\u3088\u3063\u3066\u6c7a\u3081\u3089\u308c\u308b\u306e\u3067\u3042\u3063\u3066\u3001Fed\u306b\u3088\u3063\u3066\u6c7a\u3081\u3089\u308c\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u3002<\/p>\n<p>\u3053\u306e\u4e8b\u5b9f\u3092\u3088\u308a\u5206\u304b\u308a\u3084\u3059\u304f\u8aac\u660e\u3059\u308b\u305f\u3081\u306b\u3001\u30d0\u30fc\u30ca\u30f3\u30ad\u6c0f\u306f\u5747\u8861\u5b9f\u8cea\u91d1\u5229\u306e\u6982\u5ff5\u3092\u7d39\u4ecb\u3059\u308b\u3002<\/p>\n<blockquote><p>\u5747\u8861\u5b9f\u8cea\u91d1\u5229\u3068\u306f\u3001\u9577\u671f\u7684\u306b\u898b\u305f\u5834\u5408\u306b\u8cc7\u672c\u3084\u52b4\u50cd\u8cc7\u6e90\u304c\u7121\u99c4\u306a\u304f\u3059\u3079\u3066\u6d3b\u7528\u3055\u308c\u308b\u5b9f\u8cea\u91d1\u5229\u3067\u3042\u308b\u3002\uff08\u4e2d\u7565\uff09Fed\u304c\u5747\u8861\u5b9f\u8cea\u91d1\u5229\u3088\u308a\u3082\u9ad8\u3059\u304e\u308b\u540d\u76ee\u91d1\u5229\u3092\u76ee\u6307\u3057\u305f\u5834\u5408\u3001\u501f\u5165\u91d1\u5229\u304c\u8cc7\u672c\u6295\u8cc7\u306b\u5bfe\u3059\u308b\u30ea\u30bf\u30fc\u30f3\u3092\u4e0a\u56de\u3063\u3066\u3057\u307e\u3044\u3001\u6295\u8cc7\u304c\u9b45\u529b\u7684\u3067\u306f\u306a\u304f\u306a\u308b\u305f\u3081\u3001\u7d4c\u6e08\u306f\u30ea\u30bb\u30c3\u30b7\u30e7\u30f3\u5165\u308a\u3059\u308b\u3060\u308d\u3046\u3002\u9006\u306b\u3001Fed\u304c\u4f4e\u3059\u304e\u308b\u91d1\u5229\u3092\u76ee\u6307\u3057\u305f\u5834\u5408\u3001\u5e02\u5834\u306f\u52a0\u71b1\u3057\u3001\u30a4\u30f3\u30d5\u30ec\u304c\u6b62\u307e\u3089\u306a\u304f\u306a\u308b\u3060\u308d\u3046\u3002\uff08\u6ce8: 2016\/10\/5 \u7ffb\u8a33\u8a02\u6b63\uff09<\/p><\/blockquote>\n<p>\u307e\u305f\u3001\u5747\u8861\u5b9f\u8cea\u91d1\u5229\u3092\u6c7a\u5b9a\u3059\u308b\u8981\u56e0\u306b\u3064\u3044\u3066\u306f\u6b21\u306e\u3088\u3046\u306b\u8ff0\u3079\u3066\u3044\u308b\u3002<\/p>\n<blockquote><p>\u7d4c\u6e08\u6210\u9577\u7387\u304c\u9ad8\u3044\u7d4c\u6e08\u306b\u304a\u3044\u3066\u306f\u3001\u5747\u8861\u5b9f\u8cea\u91d1\u5229\u306f\u9ad8\u304f\u306a\u308b\u50be\u5411\u304c\u3042\u308b\u3002\u8cc7\u672c\u6295\u8cc7\u306e\u671f\u5f85\u30ea\u30bf\u30fc\u30f3\u304c\u9ad8\u304f\u306a\u308b\u304b\u3089\u3067\u3042\u308b\u3002\u9006\u306b\u3001\u7d4c\u6e08\u6210\u9577\u7387\u304c\u4f4e\u3044\u7d4c\u6e08\u306b\u304a\u3044\u3066\u306f\u3001\u5747\u8861\u5b9f\u8cea\u91d1\u5229\u306f\u4f4e\u304f\u306a\u308a\u3084\u3059\u3044\u3002\u8cc7\u672c\u6295\u8cc7\u306e\u6a5f\u4f1a\u304c\u9650\u3089\u308c\u3066\u304a\u308a\u3001\u30ea\u30bf\u30fc\u30f3\u3082\u4f4e\u3044\u304b\u3089\u3067\u3042\u308b\u3002<\/p><\/blockquote>\n<p>\u3064\u307e\u308a\u3001Fed\u306f\u5e02\u5834\u306e\u91d1\u5229\u3092\u5747\u8861\u5b9f\u8cea\u91d1\u5229\u306b\u6cbf\u3046\u3088\u3046\u306b\u65b9\u5411\u4ed8\u3051\u308b\u305f\u3081\u3001Fed\u306e\u76ee\u6307\u3059\u540d\u76ee\u91d1\u5229\u304c\u4f4e\u3044\u306e\u306f\u3001\u671f\u5f85\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u4f4e\u3044\u304b\u3001\u7d4c\u6e08\u6210\u9577\u7387\u304c\u4f4e\u3044\u305f\u3081\u306b\u5747\u8861\u5b9f\u8cea\u91d1\u5229\u304c\u4f4e\u3044\u304b\u306e\u3069\u3061\u3089\u304b\u3067\u3042\u308a\u3001Fed\u304c\u6063\u610f\u7684\u306b\u6c7a\u3081\u3066\u3044\u308b\u306e\u3067\u306f\u306a\u3044\u3068\u3044\u3046\u306e\u304c\u30d0\u30fc\u30ca\u30f3\u30ad\u6c0f\u306e\u4e3b\u5f35\u3067\u3042\u308b\u3002<\/p>\n<p>\u307e\u305f\u3001Fed\u306b\u5bfe\u3059\u308b\u6279\u5224\u306e\u306a\u304b\u306b\u306f\u3001\u91d1\u5229\u3092\u4f4e\u304f\u62bc\u3055\u3048\u308b\u3053\u3068\u3067\u5e74\u91d1\u66ae\u3089\u3057\u306e\u9ad8\u9f62\u8005\u306e\u66ae\u3089\u3057\u3092\u5727\u8feb\u3057\u3066\u3044\u308b\u3068\u3044\u3046\u3082\u306e\u304c\u3042\u308a\u3001\u30d0\u30fc\u30ca\u30f3\u30ad\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u53cd\u8ad6\u3059\u308b\u3002<\/p>\n<blockquote><p>\u308f\u305f\u3057\u3082\u305d\u306e\u3088\u3046\u306a\u9ad8\u9f62\u8005\u3092\u5fc3\u914d\u3057\u3066\u3044\u308b1\u4eba\u3067\u3042\u308b\u3002\u3057\u304b\u3057\u3001Fed\u304c\u91d1\u5229\u3092\u9ad8\u304f\u3057\u3066\u3057\u307e\u3048\u3070\u3001\u5e74\u91d1\u66ae\u3089\u3057\u306e\u9ad8\u9f62\u8005\u306e\u751f\u6d3b\u3082\u53b3\u3057\u304f\u306a\u308b\u3060\u308d\u3046\u3002\u6628\u4eca\u306e\u5f31\u3044\u7d4c\u6e08\u72b6\u6cc1\u4e0b\u306b\u304a\u3044\u3066\u306f\u3001\u5747\u8861\u5b9f\u8cea\u91d1\u5229\u304c\u4f8b\u5916\u7684\u306b\u4f4e\u3044\uff08\u6050\u3089\u304f\u306f\u30de\u30a4\u30ca\u30b9\uff09\u3053\u3068\u3092\u3042\u3089\u3086\u308b\u6307\u6a19\u304c\u793a\u3057\u3066\u3044\u305f\u3002Fed\u304c\u3053\u306e\u72b6\u614b\u3067\u5229\u4e0a\u3052\u306b\u6025\u3052\u3070\u3001\u7d4c\u6e08\u306f\u505c\u6ede\u3057\u3001\u8cc7\u672c\u6295\u8cc7\u306e\u30ea\u30bf\u30fc\u30f3\u306f\u3088\u308a\u4f4e\u304f\u306a\u3063\u3066\u3044\u305f\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n<p>\u305d\u306e\u3088\u3046\u306b\u306a\u308c\u3070\u3001\u4e2d\u592e\u9280\u884c\u306f\u518d\u5ea6\u5229\u4e0b\u3052\u3092\u884c\u308f\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u304f\u306a\u308b\u3002\u3060\u304b\u3089\u7d4c\u6e08\u304c\u5145\u5206\u306b\u56de\u5fa9\u3059\u308b\u307e\u3067\u306f\u4f4e\u91d1\u5229\u3092\u4fdd\u3061\u3001\u5229\u4e0a\u3052\u306f\u305d\u306e\u5f8c\u306b\u884c\u3046\u3068\u3044\u3046\u306e\u304c\u4e00\u756a\u826f\u3044\u653f\u7b56\u306a\u306e\u3060\u3001\u3068\u3044\u3046\u306e\u304c\u30d0\u30fc\u30ca\u30f3\u30ad\u6c0f\u306e\u4e3b\u5f35\u3067\u3042\u308b\u3002<\/p>\n<p>\u5f7c\u306e\u3053\u306e\u6295\u7a3f\u306f\u3001\u3053\u308c\u307e\u3067\u306eFed\u306e\u91d1\u878d\u653f\u7b56\u3092\u7684\u78ba\u306b\u8aac\u660e\u3057\u305f\u3082\u306e\u3067\u3042\u308b\u3068\u601d\u3046\u3002\u30d0\u30fc\u30ca\u30f3\u30ad\u6c0f\u306e\u610f\u898b\u306f\u7d4c\u6e08\u5b66\u7684\u306b\u6b63\u8ad6\u3067\u3042\u308b\u3002\u3057\u304b\u3057\u3001\u305d\u308c\u3067\u3082\u5f7c\u306f\u3001\u5e02\u5834\u306b\u304a\u3051\u308b\u8cc7\u672c\u306e\u6d41\u308c\u3092\u8003\u616e\u3057\u3066\u3044\u306a\u3044\u3002\u30d6\u30e9\u30c3\u30af\u30de\u30f3\u30c7\u30fc\u304c\u4f55\u6545\u8d77\u3053\u3063\u305f\u306e\u304b\u3092\u7406\u89e3\u3057\u3066\u3044\u306a\u3044\u306e\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a title=\"\u30d7\u30e9\u30b6\u5408\u610f\u304b\u3089\u30d6\u30e9\u30c3\u30af\u30de\u30f3\u30c7\u30fc\u307e\u3067\u3092\u632f\u308a\u8fd4\u308b\" href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/933\">\u30d7\u30e9\u30b6\u5408\u610f\u304b\u3089\u30d6\u30e9\u30c3\u30af\u30de\u30f3\u30c7\u30fc\u307e\u3067\u3092\u632f\u308a\u8fd4\u308b<\/a><\/li>\n<\/ul>\n<p>\u3069\u308c\u307b\u3069\u306b\u4f4e\u91d1\u5229\u304c\u7d4c\u6e08\u5b66\u7684\u306b\u6b63\u3057\u3044\u653f\u7b56\u3067\u3042\u308d\u3046\u3068\u3082\u3001\u305d\u306e\u904e\u7a0b\u3067\u91d1\u878d\u5371\u6a5f\u3092\u5f15\u304d\u8d77\u3053\u3057\u3066\u3057\u307e\u3046\u306e\u3067\u3042\u308c\u3070\u3001\u305d\u306e\u653f\u7b56\u306f\u518d\u8003\u306e\u4f59\u5730\u304c\u3042\u308b\u3002Fed\u306b\u3088\u3063\u3066\u50b5\u5238\u5e02\u5834\u304b\u3089\u682a\u5f0f\u5e02\u5834\u306b\u79fb\u3055\u308c\u305f\u8cc7\u91d1\u306f\u3001\u3044\u305a\u308c\u9006\u6d41\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3002\u3053\u306e\u70b9\u306b\u5bfe\u3059\u308b\u5bfe\u51e6\u304c\u306a\u3051\u308c\u3070\u3001\u91cf\u7684\u7de9\u548c\u653f\u7b56\u306f\u6210\u529f\u3057\u306a\u3044\u3060\u308d\u3046\u3002<\/p>\n<ul>\n<li><a title=\"2015\u5e74\u3001\u91d1\u878d\u5e02\u5834\u306f\u7c73\u56fd\u306e\u91cf\u7684\u7de9\u548c\u7d42\u4e86\u3092\u7e54\u308a\u8fbc\u3093\u3067\u3044\u306a\u3044\" href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/669\">2015\u5e74\u3001\u91d1\u878d\u5e02\u5834\u306f\u7c73\u56fd\u306e\u91cf\u7684\u7de9\u548c\u7d42\u4e86\u3092\u7e54\u308a\u8fbc\u3093\u3067\u3044\u306a\u3044<\/a><\/li>\n<\/ul>\n<p>\u3068\u306f\u3044\u3048\u3001\u500b\u4eba\u7684\u306b\u3088\u308a\u826f\u3044\u91d1\u878d\u653f\u7b56\u304c\u601d\u3044\u3064\u304f\u308f\u3051\u3067\u3082\u306a\u3044\u3002\u91cf\u7684\u7de9\u548c\u304c\u306a\u3051\u308c\u3070\u3001\u7c73\u56fd\u306e\u5931\u696d\u7387\u306f\u4f4e\u3044\u307e\u307e\u3060\u3063\u305f\u3060\u308d\u3046\u3002\u3053\u306e\u8fba\u308a\u306f\u73fe\u4ee3\u306e\u91d1\u878d\u5e02\u5834\u306e\u4ed5\u7d44\u307f\u306e\u7406\u8ad6\u7684\u9650\u754c\u306a\u306e\u3067\u306f\u306a\u3044\u304b\u3002\u3044\u305a\u308c\u306b\u305b\u3088\u6295\u8cc7\u5bb6\u3068\u3057\u3066\u306f\u3001\u4eca\u5f8c\u306e\u6d41\u308c\u3092\u6ce8\u8996\u3057\u306a\u304c\u3089\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u53d6\u308b\u306e\u307f\u3067\u3042\u308b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u3044\u304f\u3064\u304b\u306e\u30cb\u30e5\u30fc\u30b9\u3067\u3082\u5831\u3058\u3089\u308c\u3066\u3044\u308b\u3088\u3046\u306b\u3001Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u524d\u8b70\u9577\u306e\u30d9\u30f3\u30fb\u30d0\u30fc\u30ca\u30f3\u30ad\u6c0f\u304c\u30d6\u30ed\u30b0\u3092\u958b\u8a2d\u3057\u3066\u3044\u308b\u3002\u8b70\u9577\u6642\u4ee3\u306b\u306f\u8a00\u3044\u305f\u3044\u3053\u3068\u3092\u8a00\u3048\u306a\u304b\u3063\u305f\u3053\u3068\u3082\u3042\u3063\u3066\u304b\u3001\u304b\u306a\u308a\u9952\u820c\u306b\u8a9e\u3063\u3066\u304a\u308a\u3001\u672c\u4eba\u66f0\u304f\u300c\u3088\u3046\u3084\u304fFed\u30a6 &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/1023\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u30d0\u30fc\u30ca\u30f3\u30ad\u6c0f\u30d6\u30ed\u30b0: \u3069\u3046\u3057\u3066\u91d1\u5229\u306f\u305d\u308c\u307b\u3069\u4f4e\u3044\u306e\u304b<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[7,64,72],"class_list":["post-1023","post","type-post","status-publish","format-standard","hentry","category-news","tag-quantitative-easing","tag-fed","tag-rate-hike"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/1023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/comments?post=1023"}],"version-history":[{"count":12,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/1023\/revisions"}],"predecessor-version":[{"id":4375,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/1023\/revisions\/4375"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=1023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=1023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=1023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}