{"id":18219,"date":"2021-12-21T20:04:00","date_gmt":"2021-12-21T11:04:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=18219"},"modified":"2021-12-21T14:44:46","modified_gmt":"2021-12-21T05:44:46","slug":"%e3%82%b5%e3%83%9e%e3%83%bc%e3%82%ba%e6%b0%8f-%e3%82%a2%e3%83%a1%e3%83%aa%e3%82%ab%e3%81%af%e5%88%a9%e4%b8%8a%e3%81%92%e4%b8%8d%e5%8d%81%e5%88%86%e3%81%a7%e3%82%a4%e3%83%b3%e3%83%95%e3%83%ac%e6%82%aa","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/18219","title":{"rendered":"\u30b5\u30de\u30fc\u30ba\u6c0f: 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class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/18136\" data-type=\"post\" data-id=\"18136\">12\u6708FOMC\u4f1a\u5408\u7d50\u679c: 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class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u7d50\u5c40\u305d\u308c\u3067\u306f\u5341\u5206\u3067\u306f\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u304c\u660e\u3089\u304b\u306b\u306a\u308b\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n\n\n\n<p>\u30b5\u30de\u30fc\u30ba\u6c0f\u304c\u7279\u306b\u565b\u307f\u4ed8\u3044\u305f\u306e\u304c\u4f1a\u5408\u3067\u793a\u3055\u308c\u305f\u4eca\u5f8c\u306e\u7d4c\u6e08\u898b\u901a\u3057\u3067\u3042\u308b\u3002FOMC\u4f1a\u5408\u3067\u306f\u5931\u696d\u7387\u3084\u30a4\u30f3\u30d5\u30ec\u7387\u306a\u3069\u306e\u4e88\u60f3\u5024\u304c\u767a\u8868\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Fed\u306f\u5931\u696d\u7387\u304c\u4eca\u5f8c3\u5e74\u30673.5%\u3068\u306a\u308a\u3001\u91d1\u5229\u304c\u5f7c\u3089\u81ea\u8eab\u304c\u4e2d\u7acb\u91d1\u5229\u3068\u8003\u3048\u308b\u6c34\u6e96\u307e\u3067\u306b\u3059\u3089\u4e0a\u304c\u3089\u306a\u3044\u898b\u901a\u3057\u306a\u306e\u306b\u3001\u305d\u308c\u304c\u7269\u4fa1\u3092\u6025\u6fc0\u306b\u62bc\u3057\u4e0b\u3052\u30a4\u30f3\u30d5\u30ec\u306f\u3058\u304d\u306b\u843d\u3061\u7740\u304f\u3068\u8003\u3048\u3066\u3044\u308b\u3002\u308f\u305f\u3057\u306f\u305d\u308c\u304c\u8d77\u3053\u308b\u3068\u306f\u8003\u3048\u3066\u3044\u306a\u3044\u3002<\/p><\/blockquote>\n\n\n\n<p>\u91d1\u878d\u696d\u754c\u3067\u6d41\u884c\u8a9e\u306e\u3088\u3046\u306b\u306a\u3063\u3066\u3044\u305f\u300c\u4e00\u6642\u7684\u300d\u306e\u6587\u8a00\u3082\u300112\u6708\u306e\u58f0\u660e\u6587\u304b\u3089\u306f\u3064\u3044\u306b\u6d88\u3048\u305f\u3002\u3057\u304b\u3057\u30b5\u30de\u30fc\u30ba\u6c0f\u306f\u305d\u308c\u3092\u4fe1\u3058\u3066\u3044\u306a\u3044\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Fed\u306f\u30a4\u30f3\u30d5\u30ec\u3092\u8efd\u6e1b\u3059\u308b\u305f\u3081\u306b\u5fc5\u8981\u306a\u898f\u6a21\u306e\u5f15\u304d\u7de0\u3081\u3092\u7d4c\u6e08\u306b\u5bfe\u3057\u3066\u884c\u304a\u3046\u3068\u306f\u3057\u3066\u3044\u306a\u3044\u3002\u5f7c\u3089\u306f\u8981\u3059\u308b\u306b\u5b9f\u969b\u306b\u306f\u3044\u307e\u3060\u30a4\u30f3\u30d5\u30ec\u304c\u4e00\u6642\u7684\u3067\u3042\u308b\u3053\u3068\u306b\u8ced\u3051\u3066\u3044\u308b\u306e\u3060\u3002<\/p><\/blockquote>\n\n\n\n<p>\u884c\u52d5\u304c\u4f34\u3063\u3066\u3044\u306a\u3044\u3068\u3044\u3046\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30a4\u30f3\u30d5\u30ec\u306f\u6b62\u307e\u3089\u306a\u3044<\/strong><\/p>\n\n\n\n<p>\u30b5\u30de\u30fc\u30ba\u6c0f\u306f\u7d50\u679c\u3068\u3057\u3066\u30a4\u30f3\u30d5\u30ec\u306f\u6b62\u307e\u3089\u306a\u3044\u3060\u308d\u3046\u3068\u4e3b\u5f35\u3059\u308b\u3002\u5f7c\u306f\u6b21\u306e\u3088\u3046\u306b\u7d9a\u3051\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u4e0d\u52d5\u7523\u306fCPI\uff08\u6d88\u8cbb\u8005\u7269\u4fa1\u6307\u6570\uff09\u306e1\/3\u3092\u5360\u3081\u3066\u3044\u308b\u3002\u4f4f\u5b85\u4fa1\u683c\u306f20%\u4e0a\u6607\u3057\u3066\u304a\u308a\u3001\u3059\u3079\u3066\u306e\u6c11\u9593\u306e\u8cc3\u6599\u306e\u6307\u6a19\u306f2\u6841\u4e0a\u6607\u3060\u3002\u305d\u308c\u304cCPI\u306b\u53cd\u6620\u3055\u308c\u308b\u306b\u306f\u30e9\u30b0\u304c\u3042\u308b\u305f\u3081\u3001CPI\u306e\u305d\u308c\u3089\u306e\u9805\u76ee\u306f3%\u304b4%\u4e0a\u6607\u306b\u7559\u307e\u3063\u3066\u3044\u308b\u3002<\/p><p>\u3060\u304b\u3089CPI\u306e\u4e0d\u52d5\u7523\u95a2\u9023\u306e\u9805\u76ee\u306f\u3053\u3053\u304b\u3089\u66f4\u306b8%\u304b\u308910%\u307b\u3069\u4e0a\u304c\u308b\u306f\u305a\u3060\u3002\u305d\u306e\u30a6\u30a7\u30a4\u30c8\u306f1\/3\u3060\u304b\u3089\u3001CPI\u5168\u4f53\u3092\u307b\u3068\u3093\u30693%\u5f15\u304d\u4e0a\u3052\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p><\/blockquote>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u73fe\u5728\u306e\u30a4\u30f3\u30d5\u30ec\u306f\u524d\u5e74\u6bd4\u30676%\u307b\u3069\u3060\u304b\u3089\u30013%\u5f15\u304d\u4e0a\u304c\u308b\u3068\u307b\u3068\u3093\u30692\u6841\u3068\u306a\u308a\u30011970\u5e74\u4ee3\u306e\u7269\u4fa1\u9ad8\u9a30\u306e\u6642\u671f\u3068\u307b\u3068\u3093\u3069\u540c\u30ec\u30d9\u30eb\u3068\u306a\u308b\u3002\u3057\u304b\u3082\u30b5\u30de\u30fc\u30ba\u6c0f\u306b\u3088\u308c\u3070\u30a4\u30f3\u30d5\u30ec\u7387\u3092\u5f15\u304d\u4e0a\u3052\u308b\u306e\u306f\u4e0d\u52d5\u7523\u3060\u3051\u3067\u306f\u306a\u3044\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u52b4\u50cd\u529b\u4e0d\u8db3\u306b\u3088\u3063\u3066\u6642\u7d66\u306e\u4e0a\u6607\u7387\u306f\u52a0\u901f\u3057\u3001\u52b4\u50cd\u5e02\u5834\u306f\u904e\u71b1\u3057\u3066\u3044\u308b\u3002\u8cc3\u91d1\u306f\u7a76\u6975\u7684\u306b\u306f\u4f01\u696d\u306e\u7d4c\u8cbb\u306e\u3082\u3063\u3068\u3082\u91cd\u8981\u306a\u8981\u7d20\u3067\u3042\u308a\u3001\u308f\u305f\u3057\u304c\u8a71\u3059\u4f01\u696d\u3084\u30a2\u30ca\u30ea\u30b9\u30c8\u30ec\u30dd\u30fc\u30c8\u306a\u3069\u306b\u3088\u308c\u3070\u3001\u4e0a\u6607\u5727\u529b\u306f\u5f37\u3044\u3002<\/p><p>\u4f4f\u5b85\u4fa1\u683c\u3068\u8cc3\u91d1\u306b\u52a0\u3048\u3001Fed\u306f2022\u5e74\u306e\u7d4c\u6e08\u6210\u9577\u304c4%\u306b\u306a\u308b\u3068\u4e3b\u5f35\u3057\u3066\u3044\u308b\u3002\u751f\u7523\u6027\u304c\u4e0a\u304c\u3063\u305f\u308f\u3051\u3067\u3082\u306a\u3044\u306e\u306b\u7d4c\u6e08\u304c4%\u6210\u9577\u3057\u3001\u52b4\u50cd\u529b\u304c\u4e0d\u8db3\u3059\u308b\u306a\u3089\u3070\u3001\u3053\u308c\u307e\u3067\u306e\u30a4\u30f3\u30d5\u30ec\u8981\u7d20\uff08\u8a33\u6ce8\uff1a\u534a\u5c0e\u4f53\u306a\u3069\uff09\u304c\u843d\u3061\u7740\u3044\u305f\u3068\u3057\u3066\u3082\u65b0\u305f\u306a\u30a4\u30f3\u30d5\u30ec\u306e\u554f\u984c\u304c\u767a\u751f\u3059\u308b\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n\n\n\n<p>\u30b5\u30de\u30fc\u30ba\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u7e8f\u3081\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Fed\u306f\u4e00\u6642\u7684\u3068\u3044\u3046\u8a00\u8449\u306f\u96a0\u3057\u305f\u304c\u3001\u30a4\u30f3\u30d5\u30ec\u304c\u52dd\u624b\u306b\u843d\u3061\u7740\u304f\u3068\u3044\u3046\u8003\u3048\u3092\u96a0\u3057\u305f\u308f\u3051\u3067\u306f\u306a\u3044\u3002\u305d\u3057\u3066\u305d\u306e\u8003\u3048\u306f\u9593\u9055\u3063\u3066\u3044\u308b\u3002<\/p><\/blockquote>\n\n\n\n<p>\u3053\u3053\u306e\u8aad\u8005\u3067\u3042\u308c\u3070\u3088\u304f\u77e5\u3063\u3066\u3044\u308b\u3088\u3046\u306b\u3001\u4e2d\u592e\u9280\u884c\u304c\u9593\u9055\u3063\u3066\u3044\u308b\u306e\u306f\u3044\u3064\u3082\u306e\u3053\u3068\u306a\u306e\u3060\u304c\u3001\u4eca\u56de\u306e\u9593\u9055\u3044\u306f\u65e5\u7528\u54c1\u4fa1\u683c\u306e\u9ad8\u9a30\u3068\u3044\u3046\u5f62\u3067\u6d88\u8cbb\u8005\u306b\u5927\u304d\u306a\u30c0\u30e1\u30fc\u30b8\u3092\u4e0e\u3048\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u73fe\u5728\u3001\u4e16\u754c\u7d4c\u6e08\u3067\u306f\u3001\u4e2d\u56fd\u304b\u3089\u306e\u5f37\u529b\u306a\u30c7\u30d5\u30ec\u5727\u529b\u3068\u30a2\u30e1\u30ea\u30ab\u304b\u3089\u306e\u5f37\u529b\u306a\u30a4\u30f3\u30d5\u30ec\u5727\u529b\u304c\u305b\u3081\u304e\u5408\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/18207\" data-type=\"post\" data-id=\"18207\">\u4e2d\u56fd\u304c\u4e0d\u52d5\u7523\u30d0\u30d6\u30eb\u5d29\u58ca\u3067\u5229\u4e0b\u3052\u3001\u7d42\u308f\u308a\u306e\u59cb\u307e\u308a<\/a><\/li><\/ul>\n\n\n\n<p>\u3069\u3061\u3089\u304c\u52dd\u3063\u3066\u3082\u308d\u304f\u306a\u3053\u3068\u306b\u306f\u306a\u3089\u306a\u3044\u3060\u308d\u3046\u3002\u3068\u3044\u3046\u3088\u308a\u306f\u4e21\u8005\u306f\u666f\u6c17\u5f8c\u9000\u5727\u529b\u3068\u3044\u3046\u610f\u5473\u3067\u540c\u3058\u3082\u306e\u3067\u3042\u308b\u3002\u305d\u3057\u3066\u3069\u3061\u3089\u3082\u7d4c\u6e08\u306b\u5bfe\u3059\u308b\u7121\u601d\u616e\u306a\u7de9\u548c\u306b\u3088\u3063\u3066\u5f15\u304d\u8d77\u3053\u3055\u308c\u305f\u3002<\/p>\n\n\n\n<p>\u91cf\u7684\u7de9\u548c\u3068\u73fe\u91d1\u7d66\u4ed8\u3092\u884c\u3046\u653f\u6cbb\u5bb6\u306b\u6295\u7968\u3057\u305f\u4eba\u3005\u306f\u3001\u305d\u306e\u8cac\u4efb\u3092\u565b\u307f\u7de0\u3081\u306a\u304c\u30892022\u5e74\u306e\u9ad8\u4fa1\u306a\u65e5\u7528\u54c1\u3092\u30a8\u30f3\u30b8\u30e7\u30a4\u3057\u3066\u3082\u3089\u3044\u305f\u3044\u3082\u306e\u3067\u3042\u308b\u3002\u6295\u8cc7\u5bb6\u306f\u91d1\u878d\u5e02\u5834\u3092\u4f7f\u3063\u3066\u30a4\u30f3\u30d5\u30ec\u306b\u3088\u308b\u88ab\u5bb3\u3092\u56de\u907f\u3055\u305b\u3066\u3082\u3089\u304a\u3046\u3002\u305d\u308c\u306f\u5f7c\u3089\u306e\u8cac\u4efb\u3060\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/11992\" data-type=\"post\" data-id=\"11992\">\u30cf\u30a4\u30a8\u30af: \u30a4\u30f3\u30d5\u30ec\u4e3b\u7fa9\u306f\u975e\u79d1\u5b66\u7684\u8ff7\u4fe1<\/a><\/li><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/12051\" data-type=\"post\" data-id=\"12051\">\u30cf\u30a4\u30a8\u30af: 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