{"id":2483,"date":"2016-02-11T08:05:32","date_gmt":"2016-02-10T23:05:32","guid":{"rendered":"http:\/\/www.globalmacroresearch.org\/jp\/?p=2483"},"modified":"2016-03-20T17:59:42","modified_gmt":"2016-03-20T08:59:42","slug":"2%e6%9c%8810%e6%97%a5%e3%82%a4%e3%82%a8%e3%83%ac%e3%83%b3%e8%ad%b0%e9%95%b7%e3%81%ae%e8%ad%b0%e4%bc%9a%e8%a8%bc%e8%a8%80%e3%81%af%e4%b8%ad%e8%ba%ab%e3%81%ae%e7%84%a1%e3%81%84%e9%9b%91%e8%ab%87","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/2483","title":{"rendered":"2\u670810\u65e5\u30a4\u30a8\u30ec\u30f3\u8b70\u9577\u306e\u8b70\u4f1a\u8a3c\u8a00\u306f\u4e2d\u8eab\u306e\u7121\u3044\u96d1\u8ac7: \u5229\u4e0b\u3052\u3001\u30de\u30a4\u30ca\u30b9\u91d1\u5229\u3001\u4e16\u754c\u540c\u6642\u682a\u5b89\u306e\u539f\u56e0\u306b\u3064\u3044\u3066"},"content":{"rendered":"<p>2016\u5e741\u6708\u304b\u3089\u59cb\u307e\u3063\u305f\u4e16\u754c\u540c\u6642\u682a\u5b89\u304c\u53ce\u62fe\u3092\u898b\u305b\u3066\u3044\u306a\u3044\u306a\u304b\u3001\u7c73\u56fd\u6642\u95932\u670810\u65e5\u306bFed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u30a4\u30a8\u30ec\u30f3\u8b70\u9577\u304c\u30a2\u30e1\u30ea\u30ab\u306e\u8b70\u4f1a\u3067\u8a3c\u8a00\u3092\u884c\u3063\u305f\u3002\u3042\u307e\u308a\u306b\u4e2d\u8eab\u304c\u306a\u304f\u7121\u610f\u5473\u306a\u5185\u5bb9\u3060\u304c\u3001\u3057\u304b\u3057\u305d\u308c\u306f\u540c\u6642\u306b\u3001\u6765\u305f\u308b\u3079\u304d\u5e02\u5834\u66b4\u843d\u304c\u6765\u305f\u6642\u306b\u9069\u5207\u306b\u5bfe\u5fdc\u3059\u308b\u80fd\u529b\u304c\u4e2d\u9280\u306b\u6b20\u3051\u3066\u3044\u308b\u3053\u3068\u3092\u660e\u78ba\u306b\u793a\u3057\u3066\u3044\u308b\u3002<\/p>\n<p>\u8b70\u984c\u306f\u591a\u5c90\u306b\u53ca\u3093\u3060\u304c\u3001\u305d\u306e\u4e2d\u3067\u3082\u91cd\u8981\u306a\u5229\u4e0b\u3052\u3001\u30de\u30a4\u30ca\u30b9\u91d1\u5229\u3001\u91d1\u878d\u5e02\u5834\u306e\u6df7\u4e71\u306b\u3064\u3044\u3066\u306e\u30a4\u30a8\u30ec\u30f3\u6c0f\u306e\u767a\u8a00\u3092\u53d6\u308a\u4e0a\u3052\u3088\u3046\u3002<\/p>\n<p><!--more--><strong>\u5229\u4e0b\u3052\u306b\u3064\u3044\u3066<\/strong><\/p>\n<blockquote><p>\u3059\u3050\u306b\u5229\u4e0b\u3052\u304c\u5fc5\u8981\u306b\u306a\u308b\u72b6\u6cc1\u306bFOMC\u304c\u7f6e\u304b\u308c\u308b\u3068\u306f\u60f3\u5b9a\u3057\u3066\u3044\u306a\u3044\u3002\u52b4\u50cd\u5e02\u5834\u306e\u6539\u5584\u304c\u7d9a\u3044\u3066\u3044\u308b\u3053\u3068\u3092\u601d\u3044\u51fa\u3057\u305f\u3044\u3002<\/p>\n<p>\u666f\u6c17\u5f8c\u9000\u306e\u30ea\u30b9\u30af\u306f\u5e38\u306b\u5b58\u5728\u3057\u3001\u307e\u305f\u4ee5\u524d\u306b\u3082\u8ff0\u3079\u305f\u3088\u3046\u306b\u4e16\u754c\u306e\u91d1\u878d\u5e02\u5834\u306e\u72b6\u6cc1\u304c\u5b9f\u4f53\u7d4c\u6e08\u3092\u6e1b\u901f\u3055\u305b\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3068\u306f\u3044\u3048\u3001\u7c73\u56fd\u7d4c\u6e08\u306b\u4f55\u304c\u5f85\u3061\u53d7\u3051\u3066\u3044\u308b\u306e\u304b\u3068\u3044\u3046\u3053\u3068\u306b\u3064\u3044\u3066\u65e9\u6025\u306a\u5224\u65ad\u3092\u4e0b\u3057\u3066\u3057\u307e\u308f\u306a\u3044\u3088\u3046\u6ce8\u610f\u3057\u305f\u3044\u3068\u601d\u3046\u3002\u3060\u304b\u3089\u5229\u4e0b\u3052\u304c\u5fc5\u8981\u306b\u306a\u308b\u3068\u306f\u8003\u3048\u3066\u3044\u306a\u3044\u3002<\/p>\n<p>\u305f\u3060\u3001\u4ee5\u524d\u306b\u3082\u8a71\u3057\u305f\u3088\u3046\u306b\u3001\u91d1\u878d\u653f\u7b56\u306f\u4e88\u3081\u6c7a\u307e\u3063\u305f\u9053\u7b4b\u3092\u9032\u3080\u3082\u306e\u3067\u306f\u306a\u304f\u3001\u3057\u305f\u304c\u3063\u3066\u5229\u4e0b\u3052\u304c\u5fc5\u8981\u306a\u72b6\u6cc1\u306b\u306a\u308c\u3070\u3001\u308f\u308c\u308f\u308c\u306f\u8b70\u4f1a\u304b\u3089\u4e0e\u3048\u3089\u308c\u305f\u4f7f\u547d\u3092\u679c\u305f\u3059\u305f\u3081\u306b\u5fc5\u8981\u306a\u3053\u3068\u3092\u884c\u3046\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n<p>\u4e0d\u5fc5\u8981\u306b\u9577\u3044\u304c\u3001\u8a00\u3063\u3066\u3044\u308b\u3053\u3068\u306f\u4ee5\u4e0b\u306e\u305f\u3063\u305f2\u3064\u3060\u3051\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li>\u4eca\u5229\u4e0b\u3052\u306f\u8003\u3048\u3066\u3044\u306a\u3044<\/li>\n<li>\u305f\u3060\u3001\u5229\u4e0b\u3052\u304c\u5fc5\u8981\u306b\u306a\u308c\u3070\u5229\u4e0b\u3052\u3092\u3059\u308b<\/li>\n<\/ul>\n<p>\u3053\u308c\u3067\u306f\u4f55\u3082\u8a00\u3063\u3066\u3044\u306a\u3044\u306e\u3068\u4f55\u3089\u5909\u308f\u3089\u306a\u3044\u3069\u3053\u308d\u304b\u3001\u5229\u4e0b\u3052\u304c\u5fc5\u8981\u306b\u306a\u308b\u304b\u3069\u3046\u304b\u3001\u7d4c\u6e08\u5b66\u8005\u3067\u4e2d\u9280\u7dcf\u88c1\u306e\u30a4\u30a8\u30ec\u30f3\u6c0f\u306b\u306f\u5206\u304b\u3089\u306a\u3044\u3068\u7387\u76f4\u306b\u544a\u767d\u3057\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002\u4f55\u6545\u3053\u306e\u3088\u3046\u306a\u3053\u3068\u306b\u306a\u308b\u306e\u304b\uff1f\u3000\u3082\u3063\u3068\u307e\u3068\u3082\u306a\u7d4c\u6e08\u5b66\u8005\u306f\u4ed6\u306b\u3044\u308b\u3002\u9577\u671f\u505c\u6ede\u8ad6\u306e\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f\u306f\u30aa\u30d0\u30de\u6c0f\u304c\u8b70\u9577\u5019\u88dc\u306b\u6319\u3052\u305f\u304c\u3001\u7d50\u5c40\u30a4\u30a8\u30ec\u30f3\u6c0f\u304c\u9078\u3070\u308c\u305f\u3002\u512a\u79c0\u306a\u4eba\u6750\u307b\u3069\u8981\u8077\u306b\u9078\u3070\u308c\u306a\u3044\u3082\u306e\u3067\u3042\u308b\u3002\u6c11\u4e3b\u4e3b\u7fa9\u306f\u5e38\u306b\u9078\u3076\u5074\u306e\u80fd\u529b\u4e0d\u8db3\u306b\u60a9\u307e\u3055\u308c\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/2369\">\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f: \u7c73\u56fd\u306e\u5229\u4e0a\u3052\u306f\u56f0\u96e3\u3001\u30c9\u30eb\u9ad8\u3067\u7c73\u56fd\u306e\u9700\u8981\u306f\u6d77\u5916\u306b\u6d41\u51fa\u3059\u308b<\/a><\/li>\n<\/ul>\n<p><strong>\u30de\u30a4\u30ca\u30b9\u91d1\u5229\u306b\u3064\u3044\u3066<\/strong><\/p>\n<p>\u30de\u30a4\u30ca\u30b9\u91d1\u5229\u306b\u3064\u3044\u3066\u306f\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u8ff0\u3079\u305f\u3002<\/p>\n<blockquote><p>\u30e8\u30fc\u30ed\u30c3\u30d1\u3067\u65e2\u306b\u7d4c\u9a13\u3055\u308c\u3066\u3044\u308b\u3053\u3068\u3092\u898b\u308b\u9650\u308a\u3001\u30de\u30a4\u30ca\u30b9\u91d1\u5229\u306f\u308f\u308c\u308f\u308c\u304c\u7cbe\u67fb\u3059\u3079\u304d\uff08should look at\uff09\u3082\u306e\u3067\u3042\u308b\u3002\u3053\u308c\u306f\u30de\u30a4\u30ca\u30b9\u91d1\u5229\u3092\u5c0e\u5165\u3059\u3079\u304d\u7406\u7531\u304c\u3042\u308b\u304b\u3089\u3067\u306f\u306a\u304f\u3001\u3069\u306e\u3088\u3046\u306a\u624b\u6bb5\u304c\u6f5c\u5728\u7684\u306b\u53ef\u80fd\u3067\u3042\u308b\u304b\u3092\u77e5\u308b\u305f\u3081\u3067\u3042\u308b\u3002<\/p><\/blockquote>\n<p>Fed\u304c\u30de\u30a4\u30ca\u30b9\u91d1\u5229\u306b\u307e\u3067\u624b\u3092\u51fa\u305b\u3070\u3001\u91d1\u4fa1\u683c\u306f\u4e00\u6bb5\u3068\u4e0a\u6607\u3059\u308b\u3053\u3068\u3060\u308d\u3046\u3002\u8aad\u8005\u306b\u306f\u5468\u77e5\u306e\u901a\u308a\u3001\u308f\u305f\u3057\u306f\u3082\u30461\u5e74\u4ee5\u4e0a\u524d\u304b\u3089\u7c73\u56fd\u306e\u5229\u4e0a\u3052\u304c\u5931\u6557\u3059\u308b\u3053\u3068\u306b\u8ced\u3051\u3066\u304d\u305f\u3057\u3001\u3053\u308c\u304b\u3089\u3082\u305d\u3046\u3059\u308b\u3064\u3082\u308a\u3067\u3042\u308b\u3002\u6700\u8fd1\u306e\u91d1\u4fa1\u683c\u4e0a\u6607\u306f\u305d\u306e\u524d\u5146\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/2471\">\u4e16\u754c\u540c\u6642\u682a\u5b89\u3067\u4e88\u60f3\u901a\u308a\u91d1\u4fa1\u683c\u304c\u6025\u4e0a\u6607: \u3044\u3064\u307e\u3067\u7d9a\u304f\u304b\uff1f\u3000\u3053\u308c\u304b\u3089\u3069\u3046\u306a\u308b\u304b\uff1f<\/a><\/li>\n<\/ul>\n<p><strong>\u4e16\u754c\u540c\u6642\u682a\u5b89\u306b\u3064\u3044\u3066<\/strong><\/p>\n<p>\u307e\u305f\u30012016\u5e741\u6708\u304b\u3089\u306e\u4e16\u754c\u540c\u6642\u682a\u5b89\u306b\u3064\u3044\u3066\u3001\u30a4\u30a8\u30ec\u30f3\u6c0f\u306f\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u8ff0\u3079\u3066\u3044\u308b\u3002<\/p>\n<blockquote><p>\u5e74\u660e\u3051\u304b\u3089\u306e\u5e02\u5834\u306e\u6df7\u4e71\u306f\u3001\u4e2d\u56fd\u306e\u70ba\u66ff\u653f\u7b56\u306b\u95a2\u3059\u308b\u4e0d\u78ba\u5b9f\u6027\u3084\u3001\u539f\u6cb9\u4fa1\u683c\u306e\u4e0d\u78ba\u5b9f\u6027\u306a\u3069\u306b\u95a2\u4fc2\u3057\u3066\u3044\u308b\u3088\u3046\u306b\u898b\u3048\u308b\u3002\u3057\u304b\u3057\u3001\u3053\u308c\u307e\u3067\u306e\u5e02\u5834\u306e\u6fc0\u3057\u3044\u52d5\u304d\u3092\u5f15\u304d\u8d77\u3053\u3059\u3060\u3051\u306e\u7d4c\u6e08\u7684\u306a\u5909\u5316\u306f\u89b3\u5bdf\u3055\u308c\u3066\u3044\u306a\u3044\u3002\u4e16\u754c\u7684\u306b\u3082\u7c73\u56fd\u306b\u304a\u3044\u3066\u3082\u3001\u7d4c\u6e08\u6210\u9577\u306e\u6025\u6fc0\u306a\u4f4e\u4e0b\u306f\u898b\u3089\u308c\u3066\u3044\u306a\u3044\u3002<\/p><\/blockquote>\n<p>\u30a4\u30a8\u30ec\u30f3\u8b70\u9577\u306f\u4e16\u754c\u540c\u6642\u682a\u5b89\u306e\u4e09\u5927\u539f\u56e0\u306e\u3046\u3061\u3001\u4e2d\u56fd\u3068\u539f\u6cb9\u306e\u4e8c\u3064\u306b\u306f\u8a00\u53ca\u3057\u305f\u304c\u3001\u3082\u3046\u4e00\u3064\u306b\u8a00\u53ca\u3059\u308b\u306e\u3092\u5fd8\u308c\u305f\u3088\u3046\u3067\u3042\u308b\u3002\u305d\u308c\u306f\u5373\u3061Fed\u81ea\u8eab\u306e\u91d1\u878d\u653f\u7b56\u3067\u3042\u308b\u3002<\/p>\n<p>\u7c73\u56fd\u304c\u91cf\u7684\u7de9\u548c\u3092\u505c\u6b62\u3057\u5229\u4e0a\u3052\u3092\u5b9f\u884c\u3057\u305f\u3053\u3068\u3067\u3001\u5e02\u5834\u306f\u660e\u3089\u304b\u306b\u91cf\u7684\u7de9\u548c\u30d0\u30d6\u30eb\u306e\u5d29\u58ca\u3092\u6050\u308c\u3066\u3044\u308b\u3002\u56fd\u50b5\u304c\u4e0a\u304c\u3063\u3066\u3044\u308b\u304b\u3089\u3001\u30d0\u30d6\u30eb\u5d29\u58ca\u306f\u307e\u3060\u59cb\u307e\u3063\u3066\u3082\u3044\u306a\u3044\u306e\u3060\u304c\u3001\u305d\u308c\u3067\u3082\u5e02\u5834\u306f\u305d\u308c\u3092\u6050\u308c\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/2219\">\u91cf\u7684\u7de9\u548c\u30d0\u30d6\u30eb\u3092\u5d29\u58ca\u3055\u305b\u308b\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u30fb\u30ea\u30d0\u30e9\u30f3\u30b9\u306e\u9006\u6d41<\/a><\/li>\n<\/ul>\n<p>\u3060\u304c\u3001\u3069\u3046\u3084\u3089\u3069\u306e\u56fd\u306e\u4e2d\u592e\u9280\u884c\u3082\u30d0\u30d6\u30eb\u306e\u898f\u6a21\u3092\u5206\u304b\u3063\u3066\u3044\u306a\u3044\u3088\u3046\u3060\u3002\u9ed2\u7530\u7dcf\u88c1\u306f\u9593\u9055\u3044\u306a\u304f\u5206\u304b\u3063\u3066\u3044\u306a\u3044\u3057\u3001\u30a4\u30a8\u30ec\u30f3\u6c0f\u306f\u77e5\u3063\u3066\u3044\u308b\u306e\u304b\u3082\u3057\u308c\u306a\u3044\u304c\u3001\u5bfe\u5fdc\u3059\u308b\u624b\u6bb5\u306f\u7d20\u6734\u306a\u5229\u4e0a\u3052\u3057\u304b\u601d\u3044\u3064\u304b\u306a\u3044\u3088\u3046\u3067\u3042\u308b\u3002\u65e5\u672c\u306b\u3064\u3044\u3066\u306f\u30d0\u30d6\u30eb\u5d29\u58ca\u524d\u306b\u624b\u6bb5\u3092\u4f7f\u3044\u679c\u305f\u3059\u53ef\u80fd\u6027\u304c\u975e\u5e38\u306b\u9ad8\u307e\u3063\u305f\u3002\u30de\u30a4\u30ca\u30b9\u91d1\u5229\u306f\u3001\u5c11\u306a\u304f\u3068\u3082\u30bf\u30a4\u30df\u30f3\u30b0\u306b\u3064\u3044\u3066\u306f\u5b8c\u5168\u306a\u5931\u6557\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/2412\">\u91d1\u878d\u5e02\u5834\u306b\u96b7\u5c5e\u3059\u308b\u4e2d\u9280: \u30de\u30a4\u30ca\u30b9\u91d1\u5229\u306b\u8e0f\u307f\u8fbc\u3093\u3060\u65e5\u9280\u306e\u8ffd\u52a0\u7de9\u548c\u304c\u793a\u3059\u682a\u5f0f\u5e02\u5834\u306e\u5148\u884c\u304d<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>2016\u5e741\u6708\u304b\u3089\u59cb\u307e\u3063\u305f\u4e16\u754c\u540c\u6642\u682a\u5b89\u304c\u53ce\u62fe\u3092\u898b\u305b\u3066\u3044\u306a\u3044\u306a\u304b\u3001\u7c73\u56fd\u6642\u95932\u670810\u65e5\u306bFed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u30a4\u30a8\u30ec\u30f3\u8b70\u9577\u304c\u30a2\u30e1\u30ea\u30ab\u306e\u8b70\u4f1a\u3067\u8a3c\u8a00\u3092\u884c\u3063\u305f\u3002\u3042\u307e\u308a\u306b\u4e2d\u8eab\u304c\u306a\u304f\u7121\u610f\u5473\u306a\u5185\u5bb9\u3060\u304c\u3001\u3057\u304b\u3057\u305d\u308c\u306f\u540c\u6642\u306b\u3001\u6765\u305f\u308b\u3079\u304d\u5e02 &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/2483\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">2\u670810\u65e5\u30a4\u30a8\u30ec\u30f3\u8b70\u9577\u306e\u8b70\u4f1a\u8a3c\u8a00\u306f\u4e2d\u8eab\u306e\u7121\u3044\u96d1\u8ac7: \u5229\u4e0b\u3052\u3001\u30de\u30a4\u30ca\u30b9\u91d1\u5229\u3001\u4e16\u754c\u540c\u6642\u682a\u5b89\u306e\u539f\u56e0\u306b\u3064\u3044\u3066<\/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":[59,111,15],"tags":[100,64],"class_list":["post-2483","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-stock-markets","category-news","tag-negative-interest-rates","tag-fed"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/2483","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=2483"}],"version-history":[{"count":5,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/2483\/revisions"}],"predecessor-version":[{"id":2488,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/2483\/revisions\/2488"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=2483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=2483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=2483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}