{"id":15055,"date":"2021-08-22T20:01:00","date_gmt":"2021-08-22T11:01:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=15055"},"modified":"2021-08-22T15:11:36","modified_gmt":"2021-08-22T06:11:36","slug":"%e3%82%a4%e3%82%a8%e3%83%ac%e3%83%b3%e5%9b%bd%e5%8b%99%e9%95%b7%e5%ae%98%e3%80%81%e3%83%91%e3%82%a6%e3%82%a8%e3%83%ab%e8%ad%b0%e9%95%b7%e3%81%ae%e5%86%8d%e4%bb%bb%e3%82%92%e6%94%af%e6%8c%81","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/15055","title":{"rendered":"\u30a4\u30a8\u30ec\u30f3\u8ca1\u52d9\u9577\u5b98\u3001\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u518d\u4efb\u3092\u652f\u6301"},"content":{"rendered":"\n<p>\u6765\u5e742\u6708\u306b\u4efb\u671f\u7d42\u4e86\u3092\u8fce\u3048\u308bFed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u30b8\u30a7\u30ed\u30fc\u30e0\u30fb\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u518d\u4efb\u3092\u30b8\u30e3\u30cd\u30c3\u30c8\u30fb\u30a4\u30a8\u30ec\u30f3\u8ca1\u52d9\u9577\u5b98\u304c\u652f\u6301\u3057\u305f\u3002Bloomberg\u304c\u4f1d\u3048\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u4efb\u671f\u7d42\u4e86<\/strong><\/p>\n\n\n\n<p>2018\u5e74\u306b\u30c8\u30e9\u30f3\u30d7\u524d\u5927\u7d71\u9818\u306b\u4efb\u547d\u3055\u308c\u305f\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f2022\u5e742\u6708\u306b\u4efb\u671f\u7d42\u4e86\u3092\u8fce\u3048\u308b\u3002\u3053\u306e\u3053\u3068\u304c\u5e02\u5834\u3067\u306f\u5c11\u3057\u305a\u3064\u8a71\u984c\u3068\u306a\u3063\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u878d\u653f\u7b56\u3092\u53f8\u308bFed\u306e\u8b70\u9577\u306f\u5927\u7d71\u9818\u304c\u4efb\u547d\u3059\u308b\u3002\u305d\u3057\u3066\u8ab0\u304c\u8b70\u9577\u3092\u52d9\u3081\u308b\u304b\u3068\u3044\u3046\u3053\u3068\u3067\u91d1\u878d\u5e02\u5834\u306e\u884c\u304f\u672b\u304c\u5927\u304d\u304f\u5de6\u53f3\u3055\u308c\u308b\u305f\u3081\u3001\u30d1\u30a6\u30a8\u30eb\u6c0f\u304c\u518d\u4efb\u3055\u308c\u308b\u306e\u304b\u3001\u305d\u308c\u3068\u3082\u5225\u306e\u8ab0\u304b\u306b\u306a\u308b\u306e\u304b\u3068\u3044\u3046\u3053\u3068\u3092\u6295\u8cc7\u5bb6\u306f\u5642\u3057\u59cb\u3081\u3066\u3044\u305f\u6642\u671f\u3060\u3063\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3053\u3067\u8ca1\u52d9\u9577\u5b98\u306e\u30a4\u30a8\u30ec\u30f3\u6c0f\u304c\u30d1\u30a6\u30a8\u30eb\u6c0f\u306e\u518d\u4efb\u3092\u652f\u6301\u3057\u305f\u3002\u30d0\u30a4\u30c7\u30f3\u5927\u7d71\u9818\u81ea\u8eab\u306e\u6c7a\u65ad\u306f\u307e\u3060\u5831\u3058\u3089\u308c\u3066\u3044\u306a\u3044\u304c\u3001\u6050\u3089\u304f\u305d\u306e\u307e\u307e\u30d1\u30a6\u30a8\u30eb\u6c0f\u306e\u518d\u4efb\u3067\u6c7a\u307e\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u3002<\/p>\n\n\n\n<p>\u81ea\u5206\u81ea\u8eab\u30d1\u30a6\u30a8\u30eb\u6c0f\u306e\u524d\u306bFed\u306e\u8b70\u9577\u3092\u52d9\u3081\u3066\u3044\u305f\u30a4\u30a8\u30ec\u30f3\u6c0f\u306f\u3001\u5f53\u6642\u304b\u3089\u306e\u3053\u3053\u306e\u8aad\u8005\u306b\u306f\u99b4\u67d3\u307f\u306e\u3042\u308b\u540d\u524d\u3060\u308d\u3046\u3002\u30a4\u30a8\u30ec\u30f3\u6c0f\u3068\u3057\u3066\u306f\u30d1\u30a6\u30a8\u30eb\u6c0f\u4ee5\u5916\u306e\u4eba\u7269\u3092\u63a8\u85a6\u3057\u3001\u81ea\u5206\u306e\u53e4\u5de3\u306b\u653f\u5e9c\u5074\u306e\u7acb\u5834\u304b\u3089\u500b\u4eba\u7684\u5f71\u97ff\u3092\u4e0e\u3048\u308b\u3068\u3044\u3046\u306e\u306f\u3084\u308a\u306b\u304f\u304b\u3063\u305f\u3060\u308d\u3046\u304b\u3089\u3001\u5f7c\u5973\u304c\u30d1\u30a6\u30a8\u30eb\u6c0f\u306e\u518d\u4efb\u3092\u652f\u6301\u3057\u305f\u306e\u306f\u81ea\u7136\u306e\u6210\u308a\u884c\u304d\u3068\u8a00\u3048\u308b\u3002<\/p>\n\n\n\n<p>\u4e00\u65b9\u3067\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u30d1\u30a6\u30a8\u30eb\u6c0f\u306e\u518d\u4efb\u306f\u3069\u3046\u3044\u3046\u610f\u5473\u3092\u6301\u3064\u3060\u308d\u3046\u304b\uff1f\u3000\u6050\u3089\u304f\u306f\u3001\u76f8\u5834\u304c\u8aad\u307f\u3084\u3059\u304f\u306a\u3063\u305f\u3068\u3044\u3046\u306e\u304c\u59a5\u5f53\u306a\u8868\u73fe\u306a\u306e\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p><strong>\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u696d\u7e3e<\/strong><\/p>\n\n\n\n<p>\u3053\u308c\u307e\u3067\u306e\u30d1\u30a6\u30a8\u30eb\u6c0f\u306e\u696d\u7e3e\u306f\u3069\u3046\u3060\u3063\u305f\u3060\u308d\u3046\u304b\u3002\u601d\u3044\u8fd4\u305b\u3070\u3001\u5c31\u4efb\u306e\u6bb5\u968e\u3067\u308f\u305f\u3057\u306f\u30d1\u30a6\u30a8\u30eb\u6c0f\u306e\u624b\u8155\u306b\u7591\u554f\u3092\u5448\u3057\u3066\u3044\u305f\u3002\u4f55\u6545\u306a\u3089\u3070\u3001\u5f7c\u306f\u91d1\u878d\u653f\u7b56\u3092\u6c7a\u5b9a\u3059\u308bFOMC\u4f1a\u5408\u306e\u5834\u3067\u3001\u81ea\u5206\u306e\u53cb\u4eba\u306e\u6295\u8cc7\u5bb6\u305f\u3061\u304c\u5e02\u5834\u306b\u5f37\u6c17\u304b\u5f31\u6c17\u304b\u3092\u6839\u62e0\u306b\u91d1\u878d\u653f\u7b56\u3092\u6c7a\u3081\u3088\u3046\u3068\u3057\u3066\u3044\u305f\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u5f53\u6642\u306e\u8a18\u4e8b\u306b\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u66f8\u3044\u305f\u306e\u3092\u601d\u3044\u51fa\u3057\u3066\u307b\u3057\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/7173\" data-type=\"post\" data-id=\"7173\">\u30d1\u30a6\u30a8\u30eb\u65b0\u8b70\u9577\u30012012\u5e74\u306b\u91cf\u7684\u7de9\u548c\u306b\u96e3\u8272 (2018\/1\/9)<\/a><\/li><\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u308f\u305f\u3057\u304c\u8a00\u3044\u305f\u3044\u306e\u306f\u3001\u30d1\u30a6\u30a8\u30eb\u6c0f\u306e\u53cb\u4eba\u306e\u610f\u898b\u304c\u30a2\u30e1\u30ea\u30ab\u3068\u3044\u3046\u56fd\u306e\u91d1\u878d\u653f\u7b56\u306b\u305d\u308c\u307b\u3069\u91cd\u8981\u306a\u306e\u3067\u3042\u308c\u3070\u3001\u305d\u306e\u53cb\u4eba\u3092\u8b70\u9577\u306b\u3057\u3066\u3057\u307e\u3048\u3070\u3044\u3044\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002\u30d1\u30a6\u30a8\u30eb\u6c0f\u306f\u4ed6\u4eba\u306e\u610f\u898b\u3092\u4f1a\u8b70\u306b\u6301\u3063\u3066\u304f\u308b\u3060\u3051\u3067\u306f\u306a\u304f\u3001\u81ea\u5206\u306e\u982d\u3067\u8003\u3048\u308b\u5fc5\u8981\u304c\u3042\u308b\u3002<\/p><\/blockquote>\n\n\n\n<p>\u3053\u306e\u4eba\u5927\u4e08\u592b\u304b\u3001\u3068\u5f53\u6642\u306f\u601d\u3063\u3066\u3044\u305f\u3002\u305d\u3057\u3066\u305d\u306e\u5f8c\u3001\u7b46\u8005\u3092\u542b\u3080\u4e00\u90e8\u306e\u6295\u8cc7\u5bb6\u304c\u8b66\u9418\u3092\u9cf4\u3089\u3057\u7d9a\u3051\u305f\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u5229\u4e0a\u3052\u3068\u91cf\u7684\u5f15\u304d\u7de0\u3081\u3092\u7d99\u7d9a\u3057\u3001\u898b\u4e8b\u682a\u5f0f\u5e02\u5834\u3092\u5927\u66b4\u843d\u3055\u305b\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/8106\" data-type=\"post\" data-id=\"8106\">12\u6708FOMC\u4f1a\u5408\u7d50\u679c\u306f\u7a7a\u58f2\u308a\u6d3e\u3078\u306e\u6e80\u984d\u56de\u7b54 (2018\/12\/20)<\/a><\/li><\/ul>\n\n\n\n<p>\u3084\u306f\u308a\u3053\u306e\u4eba\u306f\u5927\u4e08\u592b\u3067\u306f\u306a\u304b\u3063\u305f\u3002\u305d\u306e\u5f8c\u3001\u5468\u308a\u306e\u610f\u898b\u3092\u4fe1\u3058\u3066\u30bf\u30ab\u6d3e\u3060\u3063\u305f\u30d1\u30a6\u30a8\u30eb\u6c0f\u306f\u3001\u682a\u4fa1\u3092\u66b4\u843d\u3055\u305b\u305f\u30c8\u30e9\u30a6\u30de\u304b\u3089\u7a76\u6975\u306e\u30cf\u30c8\u6d3e\u306b\u8ee2\u5411\u3057\u305f\u3002\u305d\u3057\u3066\u4eca\u3067\u306f\u6295\u8cc7\u5bb6\u305f\u3061\u304b\u3089\u9006\u306e\u65b9\u5411\u3067\u6279\u5224\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/13556\" data-type=\"post\" data-id=\"13556\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f: \u4e2d\u592e\u9280\u884c\u306f\u30a4\u30f3\u30d5\u30ec\u3067\u706b\u904a\u3073\u3092\u3057\u3066\u3044\u308b<\/a><\/li><\/ul>\n\n\n\n<p>\u5f7c\u306f\u3069\u3061\u3089\u306b\u8ee2\u3093\u3067\u3082\u6b63\u3057\u3044\u9078\u629e\u3092\u9078\u3079\u306a\u3044\u306e\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u73fe\u5728\u30d1\u30a6\u30a8\u30eb\u6c0f\u306fFed\u306e\u59d4\u54e1\u306e\u591a\u304f\u304c\u30a4\u30f3\u30d5\u30ec\u3092\u61f8\u5ff5\u3057\u30c6\u30fc\u30d1\u30ea\u30f3\u30b0\uff08\u91cf\u7684\u7de9\u548c\u7e2e\u5c0f\uff09\u3092\u652f\u6301\u3057\u3066\u3044\u308b\u4e2d\u3067\u3001\u30a4\u30f3\u30d5\u30ec\u306e\u8105\u5a01\u3092\u8a8d\u3081\u3066\u3044\u306a\u3044\u3002\u6050\u3089\u304f\u306f\u91d1\u878d\u7de9\u548c\u306e\u64a4\u56de\u3092\u51fa\u6765\u308b\u3060\u3051\u5f15\u304d\u4f38\u3070\u3057\u305f\u3044\u3068\u8003\u3048\u3066\u3044\u308b\u306e\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/14760\" data-type=\"post\" data-id=\"14760\">\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306b\u53cd\u65d7\u3092\u7ffb\u3057\u59cb\u3081\u305f\u9023\u9280\u7dcf\u88c1\u305f\u3061<\/a><\/li><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/15026\" data-type=\"post\" data-id=\"15026\">\u3064\u3044\u306b\u30ab\u30b7\u30e5\u30ab\u30ea\u6c0f\u307e\u3067\u30c6\u30fc\u30d1\u30ea\u30f3\u30b0\u3092\u652f\u6301<\/a><\/li><\/ul>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u3053\u3046\u3057\u305f\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u518d\u4efb\u304c\u30a2\u30e1\u30ea\u30ab\u56fd\u6c11\u306b\u3068\u3063\u3066\u826f\u3044\u3053\u3068\u306a\u306e\u304b\u3069\u3046\u304b\u306f\u5206\u304b\u3089\u306a\u3044\u3002\u7d4c\u6e08\u5b66\u8005\u3067\u5143\u8ca1\u52d9\u9577\u5b98\u306e\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f\u306f\u3001\u91cf\u7684\u7de9\u548c\u3092\u51fa\u6765\u308b\u3060\u3051\u65e9\u304f\u505c\u6b62\u3059\u308b\u3088\u3046\u6c42\u3081\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/14964\" data-type=\"post\" data-id=\"14964\">\u30b5\u30de\u30fc\u30ba\u6c0f: \u91cf\u7684\u7de9\u548c\u3092\u505c\u6b62\u3057\u306a\u3051\u308c\u3070\u30a2\u30e1\u30ea\u30ab\u306e\u50b5\u52d9\u306f\u5d29\u58ca\u3059\u308b<\/a><\/li><\/ul>\n\n\n\n<p>\u3057\u304b\u3057\u30d1\u30a6\u30a8\u30eb\u6c0f\u306f\u8033\u3092\u8cb8\u3055\u305a\u3001\u30bf\u30ab\u6d3e\u3067\u884c\u304d\u904e\u304e\u305f2018\u5e74\u3068\u306f\u9006\u306e\u65b9\u5411\u306b\u884c\u304d\u904e\u304e\u308b\u7d50\u672b\u3092\u8fce\u3048\u308b\u3060\u308d\u3046\u3002\u305d\u306e\u7d50\u672b\u3068\u306f\u30c9\u30eb\u5b89\u304b\u30a4\u30f3\u30d5\u30ec\u3001\u3042\u308b\u3044\u306f\u305d\u306e\u4e21\u65b9\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/11762\" data-type=\"post\" data-id=\"11762\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u30c9\u30eb\u304c\u4e0b\u843d\u3057\u305f\u3089\u30a2\u30e1\u30ea\u30ab\u306f\u7d42\u308f\u308a<\/a><\/li><\/ul>\n\n\n\n<p>2018\u5e74\u306e\u5927\u60e8\u4e8b\u3068\u540c\u3058\u72b6\u6cc1\u3092\u5f7c\u306f\u304d\u3063\u3068\u518d\u73fe\u3057\u3066\u304f\u308c\u308b\u3002\u305d\u3057\u3066\u6b8b\u5ff5\u306a\u304c\u3089\u3001\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u306f\u305d\u308c\u306f\u6700\u5927\u306e\u5132\u3051\u6642\u306a\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u6295\u8cc7\u5bb6\u306e\u4ed5\u4e8b\u306f\u4e2d\u592e\u9280\u884c\u306e\u5931\u7b56\u3092\u5e02\u5834\u3067\u6b63\u3059\u3053\u3068\u3067\u3042\u308b\u3002\u30d1\u30a6\u30a8\u30eb\u6c0f\u304c\u9593\u9055\u3044\u7d9a\u3051\u308b\u4ee5\u4e0a\u3001\u305d\u308c\u304f\u3089\u3044\u3057\u304b\u51fa\u6765\u308b\u3053\u3068\u304c\u306a\u3044\u306e\u3067\u3042\u308b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u6765\u5e742\u6708\u306b\u4efb\u671f\u7d42\u4e86\u3092\u8fce\u3048\u308bFed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u30b8\u30a7\u30ed\u30fc\u30e0\u30fb\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u518d\u4efb\u3092\u30b8\u30e3\u30cd\u30c3\u30c8\u30fb\u30a4\u30a8\u30ec\u30f3\u8ca1\u52d9\u9577\u5b98\u304c\u652f\u6301\u3057\u305f\u3002Bloomberg\u304c\u4f1d\u3048\u3066\u3044\u308b\u3002<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[118,108,15],"tags":[150],"class_list":["post-15055","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-bond-markets","category-news","tag-jerome-powell"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/15055","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=15055"}],"version-history":[{"count":10,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/15055\/revisions"}],"predecessor-version":[{"id":15065,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/15055\/revisions\/15065"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=15055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=15055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=15055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}