{"id":31862,"date":"2022-12-15T20:02:00","date_gmt":"2022-12-15T11:02:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=31862"},"modified":"2022-12-15T15:08:50","modified_gmt":"2022-12-15T06:08:50","slug":"12%e6%9c%88fomc%e4%bc%9a%e5%90%88%e7%b5%90%e6%9e%9c-%e3%81%be%e3%81%99%e3%81%be%e3%81%99%e6%9b%96%e6%98%a7%e3%81%ab%e3%81%aa%e3%82%8b%e3%83%91%e3%82%a6%e3%82%a8%e3%83%ab%e8%ad%b0%e9%95%b7%e3%80%81","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/31862","title":{"rendered":"12\u6708FOMC\u4f1a\u5408\u7d50\u679c: 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class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/18701\" data-type=\"post\" data-id=\"18701\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: 12\u624d\u5150\u3088\u308a\u3082\u611a\u304b\u306a\u4e2d\u592e\u9280\u884c\u306e\u5b58\u5728\u610f\u7fa9\u304c\u5206\u304b\u3089\u306a\u3044<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3068\u3044\u3046\u3053\u3068\u3067\u3001\u58f0\u660e\u6587\u3067\u3082\u30c9\u30c3\u30c8\u30d7\u30ed\u30c3\u30c8\u3067\u3082Fed\u306f\u307b\u3068\u3093\u3069\u4f55\u3082\u8a00\u308f\u306a\u304b\u3063\u305f\u3002\u6b8b\u3055\u308c\u3066\u3044\u308b\u306e\u306f\u4f1a\u5408\u5f8c\u306e\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u8a18\u8005\u4f1a\u898b\u306e\u5185\u5bb9\u3060\u3051\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u8a18\u8005\u4f1a\u898b<\/strong><\/p>\n\n\n\n<p>\u307e\u305a\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f2\u30f6\u6708\u9023\u7d9a\u3067\u6025\u6e1b\u901f\u3057\u3066\u304a\u308a\u3001Fed\u304c\u3053\u308c\u3092\u3069\u3046\u6271\u3046\u304b\u304c\u6ce8\u76ee\u3055\u308c\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/31823\" data-type=\"post\" data-id=\"31823\">11\u6708\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u6025\u6e1b\u901f\u7d99\u7d9a\u30677.1%\u3001\u30c9\u30eb\u5b89\u52a0\u901f\u3078<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u7b46\u8005\u3068\u3057\u3066\u306f\u3001\u4e2d\u592e\u9280\u884c\u306b\u3068\u3063\u3066\u3053\u308c\u306f\u6271\u3044\u306e\u96e3\u3057\u3044\u72b6\u6cc1\u3060\u3068\u8003\u3048\u3066\u3044\u305f\u3002\u4f55\u6545\u306a\u3089\u3070\u3001\u5e02\u5834\u304c\u5148\u306b\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306e\u77ed\u671f\u7d42\u4e86\u3092\u7e54\u308a\u8fbc\u3093\u3067\u3057\u307e\u3044\u3001\u9577\u671f\u91d1\u5229\u306f\u3082\u30462\u30f6\u6708\u8fd1\u304f\u4e0b\u304c\u308a\u7d9a\u3051\u3066\u3044\u308b\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-15-us-10-year-treasury-bond-yield-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-15-us-10-year-treasury-bond-yield-chart.png\" alt=\"\" class=\"wp-image-31874\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-15-us-10-year-treasury-bond-yield-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-15-us-10-year-treasury-bond-yield-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u3057\u304b\u3057\u4f4e\u91d1\u5229\u306f\u30a4\u30f3\u30d5\u30ec\u3092\u547c\u3076\u3002\u73fe\u72b6\u306e3.5%\u306f\u9ad8\u3044\u6c34\u6e96\u3060\u304c\u3001\u4eca\u5f8cCPI\uff08\u6d88\u8cbb\u8005\u7269\u4fa1\u6307\u6570\uff09\u304c\u6025\u6e1b\u901f\u3092\u7d9a\u3051\u308b\u3068\u534a\u5e74\u307b\u3069\u30672.5%\u8fd1\u8fba\u307e\u3067\u4e0b\u304c\u308a\u304b\u306d\u306a\u3044\u3002\u305d\u3046\u306a\u308c\u3070\u30a4\u30f3\u30d5\u30ec\u767a\u751f\u524d\u306e\u91d1\u5229\u6c34\u6e96\u306b\u307e\u3067\u623b\u3063\u3066\u3057\u307e\u3044\u3001\u305d\u306e\u4f4e\u91d1\u5229\u304c\u30a4\u30f3\u30d5\u30ec\u3092\u3076\u308a\u8fd4\u3055\u305b\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u30d1\u30a6\u30a8\u30eb\u6c0f\u3068\u3057\u3066\u306f\u3001\u5e02\u5834\u306e\u4f4e\u91d1\u5229\u30fb\u682a\u9ad8\u306e\u6d41\u308c\u306b\u52e2\u3044\u3092\u4e0e\u3048\u308b\u308f\u3051\u306b\u306f\u3044\u304b\u306a\u304b\u3063\u305f\u3002\u305d\u308c\u3067\u6700\u8fd1\u306e\u30a4\u30f3\u30d5\u30ec\u6025\u6e1b\u901f\u306b\u3064\u3044\u3066\u306f\u6b21\u306e\u3088\u3046\u306b\u7b54\u3048\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u30a4\u30f3\u30d5\u30ec\u304c\u6301\u7d9a\u7684\u306b\u4e0b\u5411\u304d\u306b\u306a\u308b\u3068\u4fe1\u3058\u308b\u306b\u306f\u307e\u3060\u591a\u304f\u306e\u8a3c\u62e0\u3092\u5fc5\u8981\u3068\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u7269\u4fa1\u4e0a\u6607\u5727\u529b\u304c\u5e83\u7bc4\u56f2\u306e\u8ca1\u3068\u30b5\u30fc\u30d3\u30b9\u306b\u53ca\u3093\u3067\u3044\u308b\u3053\u3068\u306f\u8a3c\u62e0\u4ed8\u3051\u3089\u308c\u305f\u307e\u307e\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3053\u308c\u3082\u30bf\u30ab\u6d3e\u7684\u306b\u805e\u3053\u3048\u308b\u767a\u8a00\u3060\u304c\u3001\u30d1\u30a6\u30a8\u30eb\u6c0f\u3068\u3057\u3066\u306f\u3053\u3046\u8a00\u3046\u4ed6\u306a\u3044\u306e\u3060\u3068\u3044\u3046\u80cc\u666f\u3092\u610f\u8b58\u3059\u3079\u304d\u3060\u308d\u3046\u3002\u305f\u3060\u3001\u8cc3\u91d1\u30a4\u30f3\u30d5\u30ec\u306b\u89e6\u308c\u305f\u6b21\u306e\u767a\u8a00\u3060\u3051\u306f\u4e00\u8003\u306e\u4fa1\u5024\u304c\u3042\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u30b5\u30fc\u30d3\u30b9\u306e\u30a4\u30f3\u30d5\u30ec\u306f\u305d\u308c\u307b\u3069\u65e9\u304f\u306f\u53ce\u307e\u3089\u306a\u3044\u3060\u308d\u3046\u3068\u3044\u3046\u671f\u5f85\u306f\u59a5\u5f53\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u671b\u307e\u3057\u3044\u91d1\u5229\u6c34\u6e96\u307e\u3067\u306f\u307e\u3060\u5229\u4e0a\u3052\u3092\u7d9a\u3051\u308b\u5fc5\u8981\u304c\u3042\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3002\u305d\u308c\u304c\u307e\u3055\u306b\u308f\u308c\u308f\u308c\u304c\u9ad8\u3044\u91d1\u5229\u3092\u76ee\u6a19\u3068\u3059\u308b\u7406\u7531\u3067\u3042\u308a\u3001\u9ad8\u91d1\u5229\u304c\u305d\u306e\u5f8c\u3057\u3070\u3089\u304f\u7d9a\u304f\u3068\u8003\u3048\u308b\u7406\u7531\u3067\u3042\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30b5\u30fc\u30d3\u30b9\u306e\u4e3b\u306a\u8cbb\u7528\u306f\u8cc3\u91d1\u3067\u3042\u308b\u305f\u3081\u3001\u30b5\u30fc\u30d3\u30b9\u306e\u30a4\u30f3\u30d5\u30ec\u306f\u8cc3\u91d1\u306e\u30a4\u30f3\u30d5\u30ec\u6b21\u7b2c\u3067\u3042\u308b\u3002\u305d\u3057\u3066\u8cc3\u91d1\u306e\u30a4\u30f3\u30d5\u30ec\u306f\u30a4\u30f3\u30d5\u30ec\u306e\u4e2d\u3067\u4e00\u756a\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306e\u5f71\u97ff\u304c\u53ca\u3073\u306b\u304f\u3044\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u4e8b\u5b9f\u3001\u6025\u6e1b\u901f\u3057\u305f\u6700\u65b0\u306e\u30a4\u30f3\u30d5\u30ec\u7d71\u8a08\u306e\u4e2d\u3067\u3082\u30b5\u30fc\u30d3\u30b9\u306e\u30a4\u30f3\u30d5\u30ec\u3060\u3051\u306f\u52a0\u901f\u3092\u7d9a\u3051\u3066\u3044\u308b\u3002\u3053\u308c\u306f\u6570\u30f6\u6708\u524d\u304b\u3089\u306e\u7b46\u8005\u306e\u4e88\u60f3\u901a\u308a\u3067\u3042\u308a\u3001\u4ee5\u4e0b\u306e\u8a18\u4e8b\u306b\u66f8\u3044\u305f\u901a\u308a\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/31823\" data-type=\"post\" data-id=\"31823\">11\u6708\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u6025\u6e1b\u901f\u7d99\u7d9a\u30677.1%\u3001\u30c9\u30eb\u5b89\u52a0\u901f\u3078<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304c\u3053\u3046\u3057\u305f\u307e\u3068\u3082\u306a\u8b70\u8ad6\u306f\u30d1\u30a6\u30a8\u30eb\u6c0f\u81ea\u8eab\u306e\u982d\u304b\u3089\u51fa\u305f\u3082\u306e\u3067\u306f\u306a\u304f\u3001\u7d4c\u6e08\u5b66\u8005\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f\u3089\u306e\u767a\u8a00\u3092\u305d\u306e\u307e\u307e\u9d5c\u5451\u307f\u306b\u3057\u305f\u3082\u306e\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>Fed\u306f\u653f\u7b56\u91d1\u5229\u306e\u6c7a\u5b9a\u3092\u5e02\u5834\u4e88\u60f3\u306e\u5f8c\u8ffd\u3044\u3067\u6c7a\u3081\u308b\u3060\u3051\u3067\u306a\u304f\u3001\u6700\u8fd1\u306f\u30b5\u30de\u30fc\u30ba\u6c0f\u3084\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3089\u306e\u8b70\u8ad6\u3092\u305d\u306e\u307e\u307e\u306a\u305e\u3063\u305f\u8a00\u8449\u304c\u8a18\u8005\u4f1a\u898b\u3067\u805e\u304b\u308c\u308b\u3053\u3068\u304c\u591a\u3044\u3002\u30d1\u30a6\u30a8\u30eb\u6c0f\u306f\u305d\u3082\u305d\u3082\u30de\u30af\u30ed\u7d4c\u6e08\u5b66\u304c\u5c02\u9580\u3067\u306f\u306a\u3044\u306e\u3067\u5f7c\u306b\u306f\u5206\u304b\u3089\u306a\u3044\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u7d50\u5c40\u91d1\u5229\u304c\u3069\u3046\u306a\u308b\u306e\u304b\u306b\u3064\u3044\u3066\u306f\u30d1\u30a6\u30a8\u30eb\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8a00\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>2\u6708\u306e\u4f1a\u5408\u3067\u3069\u3046\u3059\u308b\u304b\u306f\u4eca\u5f8c\u306e\u30c7\u30fc\u30bf\u6b21\u7b2c\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3053\u308c\u304c\u30d1\u30a6\u30a8\u30eb\u6c0f\u306e\u4e00\u756a\u8a00\u3044\u305f\u304b\u3063\u305f\u3053\u3068\u3060\u308d\u3046\u3002\u7d50\u5c40\u306f\u4eca\u5f8c\u767a\u8868\u3055\u308c\u308b\u30a4\u30f3\u30d5\u30ec\u7387\u6b21\u7b2c\u3067\u6c7a\u307e\u308b\u3002\u305d\u3057\u3066\u30a4\u30f3\u30d5\u30ec\u7387\u306e\u4eca\u5f8c\u304c\u3069\u3046\u306a\u308b\u304b\u3068\u8a00\u3048\u3070\u30011970\u5e74\u4ee3\u306e\u3088\u3046\u306b\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u4e0a\u6607\u3057\u305f\u6642\u3068\u540c\u3058\u901f\u5ea6\u3067\u4e0b\u843d\u3059\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u3068\u3044\u3046\u8003\u3048\u306b\u7b46\u8005\u306f\u50be\u304d\u59cb\u3081\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u5f53\u6642\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u63a8\u79fb\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/09\/1970s-us-inflation-rate-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"555\" height=\"468\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/09\/1970s-us-inflation-rate-chart.png\" alt=\"\" class=\"wp-image-11687\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/09\/1970s-us-inflation-rate-chart.png 555w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/09\/1970s-us-inflation-rate-chart-300x253.png 300w\" sizes=\"auto, (max-width: 555px) 100vw, 555px\" \/><\/a><\/figure>\n\n\n\n<p>\u4eca\u306e\u3068\u3053\u308d\u30a4\u30f3\u30d5\u30ec\u6e1b\u901f\u3092\u4e00\u756a\u6b63\u78ba\u306b\u5f53\u3066\u3066\u3044\u308b\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u30a4\u30f3\u30d5\u30ec\u63a8\u79fb\u4e88\u60f3\u306f\u4ee5\u4e0b\u306e\u8a18\u4e8b\u306b\u66f8\u3044\u3066\u3042\u308b\u306e\u3067\u3001\u53c2\u8003\u306b\u3057\u3066\u3082\u3089\u3044\u305f\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/30390\" data-type=\"post\" data-id=\"30390\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: 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