{"id":40157,"date":"2023-09-24T20:00:00","date_gmt":"2023-09-24T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=40157"},"modified":"2023-09-24T17:19:26","modified_gmt":"2023-09-24T08:19:26","slug":"%e3%82%b5%e3%83%9e%e3%83%bc%e3%82%ba%e6%b0%8f%e3%80%81%e7%b1%b3%e5%9b%bd%e3%81%ae%e3%82%b9%e3%82%bf%e3%82%b0%e3%83%95%e3%83%ac%e3%83%bc%e3%82%b7%e3%83%a7%e3%83%b3%e3%81%ae%e5%8f%af%e8%83%bd%e6%80%a7","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/40157","title":{"rendered":"\u30b5\u30de\u30fc\u30ba\u6c0f\u3001\u7c73\u56fd\u306e\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306e\u53ef\u80fd\u6027\u3092\u793a\u5506"},"content":{"rendered":"\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u5143\u8ca1\u52d9\u9577\u5b98\u3067\u7d4c\u6e08\u5b66\u8005\u306e\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f\u304c\u3001Bloomberg\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\u306e\u53ef\u80fd\u6027\u3068\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306e\u53ef\u80fd\u6027\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306e\u898b\u901a\u3057<\/strong><\/p>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u4e2d\u592e\u9280\u884cFed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306f\u4eca\u9031\u3001\u91d1\u878d\u653f\u7b56\u6c7a\u5b9a\u4f1a\u5408\u3067\u3042\u308bFOMC\u4f1a\u5408\u3092\u884c\u306a\u3063\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/40115\" data-type=\"post\" data-id=\"40115\">9\u6708FOMC\u4f1a\u5408\u7d50\u679c\u306f\u30bf\u30ab\u6d3e\u3001\u5f15\u304d\u7de0\u3081\u3092\u6b62\u3081\u308b\u3079\u304d\u30bf\u30a4\u30df\u30f3\u30b0\u3092\u7406\u89e3\u3057\u3066\u3044\u306a\u3044\u30d1\u30a6\u30a8\u30eb\u8b70\u9577<\/a><\/li>\n<\/ul>\n\n\n\n<p>FOMC\u4f1a\u5408\u3067\u767a\u8868\u3055\u308c\u305fFed\u306e\u7d4c\u6e08\u898b\u901a\u3057\u306b\u3088\u308c\u3070\u3001\u9ad8\u91d1\u5229\u653f\u7b56\u306b\u3088\u3063\u3066\u6765\u5e74\u306b\u306f\u30a4\u30f3\u30d5\u30ec\u7387\u304c3.3%\u306b\u843d\u3061\u7740\u304f\u4e00\u65b9\u3067\u3001\u5b9f\u8cea\u7d4c\u6e08\u6210\u9577\u7387\u306f1.5%\u307e\u3067\u3057\u304b\u843d\u3061\u305a\u3001\u5931\u696d\u7387\u306f4.1%\u307e\u3067\u306e\u4e0a\u6607\u3067\u6e08\u3080\u3089\u3057\u3044\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u30a2\u30e1\u30ea\u30ab\u306e\u5931\u696d\u7387\u306f\u4eca\u306b\u30824.1%\u3092\u8d85\u3048\u305d\u3046\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\/2023\/09\/2023-aug-us-unemployment-rate-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"448\" height=\"466\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/09\/2023-aug-us-unemployment-rate-chart.png\" alt=\"\" class=\"wp-image-39466\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/09\/2023-aug-us-unemployment-rate-chart.png 448w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/09\/2023-aug-us-unemployment-rate-chart-288x300.png 288w\" sizes=\"auto, (max-width: 448px) 100vw, 448px\" \/><\/a><\/figure>\n\n\n\n<p>\u5f15\u304d\u7de0\u3081\u653f\u7b56\u3067\u30a4\u30f3\u30d5\u30ec\u3092\u6291\u5236\u3057\u3066\u3082\u7d4c\u6e08\u306f\u5927\u4e8b\u306b\u306f\u81f3\u3089\u306a\u3044\u3068\u3059\u308bFed\u306e\u898b\u901a\u3057\u306b\u3064\u3044\u3066\u3001\u30b5\u30de\u30fc\u30ba\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8ff0\u3079\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>Fed\u306f\u3044\u307e\u3060\u306b\u304b\u306a\u308a\u697d\u89b3\u7684\u3060\u3068\u8003\u3048\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u6839\u62e0\u306f\u3001\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u304cFed\u306e\u5229\u4e0a\u3052\u3068\u91cf\u7684\u5f15\u304d\u7de0\u3081\u3092\u53d7\u3051\u3066\u3044\u3088\u3044\u3088\u6e1b\u901f\u3057\u3064\u3064\u3042\u308b\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306e\u6e1b\u901f<\/strong><\/p>\n\n\n\n<p>\u30b5\u30de\u30fc\u30ba\u6c0f\u306f\u3053\u3046\u8aac\u660e\u3059\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u52b4\u50cd\u8005\u306e\u65e5\uff08\u8a33\u6ce8\uff1a9\u67084\u65e5\uff09\u4ee5\u6765\u3001\u307e\u3060\u305d\u308c\u307b\u3069\u6642\u9593\u306f\u7d4c\u3063\u3066\u3044\u306a\u3044\u304c\u3001\u6d88\u8cbb\u304c\u3084\u3084\u5f31\u307e\u3063\u3066\u3044\u308b\u3088\u3046\u306b\u898b\u3048\u308b\u3002\u30ed\u30fc\u30f3\u306e\u6ede\u7d0d\u3082\u5897\u3048\u3066\u304d\u3066\u3044\u308b\u3002\u6765\u5e74\u306b\u304b\u3051\u3066\u671f\u9650\u304c\u6765\u308b\u50b5\u52d9\u3082\u3042\u308b\u7a0b\u5ea6\u591a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30ed\u30fc\u30f3\u306e\u6ede\u7d0d\u7387\u306e\u30c1\u30e3\u30fc\u30c8\u306f\u6b21\u306e\u3088\u3046\u306b\u306a\u3063\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\/2023\/09\/2023-2q-us-delinquency-rate-on-all-loans-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"448\" height=\"466\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/09\/2023-2q-us-delinquency-rate-on-all-loans-chart.png\" alt=\"\" class=\"wp-image-40162\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/09\/2023-2q-us-delinquency-rate-on-all-loans-chart.png 448w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/09\/2023-2q-us-delinquency-rate-on-all-loans-chart-288x300.png 288w\" sizes=\"auto, (max-width: 448px) 100vw, 448px\" \/><\/a><\/figure>\n\n\n\n<p>\u4e00\u756a\u7c21\u6613\u306a\u30ed\u30fc\u30f3\u3067\u3042\u308b\u3068\u3053\u308d\u306e\u30af\u30ec\u30b8\u30c3\u30c8\u30ab\u30fc\u30c9\u306b\u7d5e\u308c\u3070\u6ede\u7d0d\u7387\u306f\u6b21\u306e\u3088\u3046\u306b\u306a\u3063\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\/2023\/09\/2023-2q-us-delinquency-rate-on-credit-card-loans-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"448\" height=\"466\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/09\/2023-2q-us-delinquency-rate-on-credit-card-loans-chart.png\" alt=\"\" class=\"wp-image-40163\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/09\/2023-2q-us-delinquency-rate-on-credit-card-loans-chart.png 448w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/09\/2023-2q-us-delinquency-rate-on-credit-card-loans-chart-288x300.png 288w\" sizes=\"auto, (max-width: 448px) 100vw, 448px\" \/><\/a><\/figure>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u3067\u306f\u30b3\u30ed\u30ca\u798d\u306b1\u4eba\u5f53\u305f\u308a\u65e5\u672c\u306e3\u500d\u4ee5\u4e0a\u306e\u73fe\u91d1\u7d66\u4ed8\u304c\u884c\u308f\u308c\u305f\u306e\u3067\u3001\u30af\u30ec\u30b8\u30c3\u30c8\u30ab\u30fc\u30c9\u306e\u652f\u6255\u3044\u6b8b\u9ad8\u304c\u3042\u3063\u305f\u4eba\u306f\u7d66\u4ed8\u3055\u308c\u305f\u73fe\u91d1\u3067\u305d\u308c\u3092\u652f\u6255\u3063\u305f\u305f\u3081\u306b\u6ede\u7d0d\u7387\u304c\u4e0b\u304c\u3063\u305f\u304c\u3001\u6ede\u7d0d\u7387\u306f\u305d\u306e\u5f8c\u30b3\u30ed\u30ca\u524d\u4ee5\u4e0a\u306e\u6c34\u6e96\u306b\u307e\u3067\u4e0a\u304c\u3063\u3066\u304d\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3053\u308c\u306f\u3064\u307e\u308a\u3001\u3053\u308c\u307e\u3067\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u3092\u652f\u3048\u3066\u304d\u305f\u7de9\u548c\u30de\u30cd\u30fc\u304c\u6d88\u8cbb\u8005\u306e\u624b\u5143\u304b\u3089\u6d88\u3048\u3064\u3064\u3042\u308b\u3053\u3068\u3092\u793a\u3057\u3066\u3044\u308b\u3002\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u4e88\u60f3\u3068\u5408\u81f4\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/39722\" data-type=\"post\" data-id=\"39722\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u30b3\u30ed\u30ca\u5f8c\u306e\u7de9\u548c\u306b\u3088\u308b\u597d\u666f\u6c17\u306f\u7d42\u308f\u308a\u3001\u7c73\u56fd\u7d4c\u6e08\u306f\u30c7\u30d5\u30ec\u3068\u666f\u6c17\u5f8c\u9000\u3078<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3053\u308c\u307e\u3067\u306f\u7de9\u548c\u30de\u30cd\u30fc\u304c\u307e\u3060\u6d88\u8cbb\u8005\u306e\u624b\u5143\u306b\u6b8b\u3063\u3066\u3044\u305f\u304b\u3089\u3001GDP\u306e\u5185\u8a33\u3067\u3082\u6d88\u8cbb\u3060\u3051\u306f\u5f37\u304b\u3063\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/38451\" data-type=\"post\" data-id=\"38451\">\u666f\u6c17\u5f8c\u9000\u61f8\u5ff5\u306e\u306a\u304b\u52a0\u901f\u3057\u305f\u7b2c2\u56db\u534a\u671f\u30a2\u30e1\u30ea\u30abGDP\u6210\u9577\u7387<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304c\u305d\u308c\u3082\u305d\u308d\u305d\u308d\u7d42\u308f\u308a\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u305d\u3057\u3066\u30a4\u30f3\u30d5\u30ec\u306b\u306a\u308b\u307e\u3067\u304a\u91d1\u3092\u3070\u3089\u6492\u3044\u305f\u30c4\u30b1\u3092\u6255\u3046\u6bb5\u968e\u304c\u305d\u308d\u305d\u308d\u8a2a\u308c\u308b\u3002\u3060\u304b\u3089\u30b5\u30de\u30fc\u30ba\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8a00\u3046\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u3060\u304b\u3089\u3001Fed\u306e\u8a00\u3046\u3088\u3046\u306b\u5931\u696d\u7387\u304c\u5c11\u3057\u4e0a\u304c\u308b\u3060\u3051\u3067\u30a4\u30f3\u30d5\u30ec\u7387\u304c2%\u306b\u623b\u308b\u53ef\u80fd\u6027\u3082\u78ba\u304b\u306b\u3042\u308b\u304c\u3001\u305d\u308c\u306f\u4e88\u60f3\u3068\u3044\u3046\u3088\u308a\u306f\u76ee\u6a19\u3068\u8a00\u3046\u3079\u304d\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u3080\u3057\u308d\u5f7c\u3089\u306f\u30a4\u30f3\u30d5\u30ec\u304c\u5f37\u307e\u3063\u3066\u9a5a\u304f\u3053\u3068\u306b\u306a\u308b\u304b\u3001\u7d4c\u6e08\u304c\u5f31\u307e\u3063\u3066\u9a5a\u304f\u3053\u3068\u306b\u306a\u308b\u304b\u3001\u3042\u308b\u3044\u306f\u4e21\u65b9\u304c\u5b9f\u73fe\u3057\u3066\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u7684\u306a\u72b6\u6cc1\u306b\u306a\u308b\u304b\u306e\u3069\u308c\u304b\u306b\u306a\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u4f55\u6545\u306a\u3089\u3070\u3001\u5b9f\u4f53\u7d4c\u6e08\u304c\u3044\u3088\u3044\u3088\u5f31\u307e\u3063\u3066\u3086\u304f\u9806\u5e8f\u306b\u306a\u3063\u305f\u4eca\u3001\u539f\u6cb9\u4fa1\u683c\u304c\u4e0a\u6607\u3057\u3066\u3044\u308b\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/40138\" data-type=\"post\" data-id=\"40138\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u539f\u6cb9\u4fa1\u683c\u4e0a\u6607\u306f\u30a4\u30f3\u30d5\u30ec\u3092\u62bc\u3057\u4e0a\u3052\u308b<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/39781\" data-type=\"post\" data-id=\"39781\">\u30b5\u30de\u30fc\u30ba\u6c0f: \u539f\u6cb9\u4fa1\u683c\u4e0a\u6607\u304c\u30a4\u30f3\u30d5\u30ec\u7b2c2\u6ce2\u3092\u3082\u305f\u3089\u3059\u5371\u967a\u6027<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30b5\u30de\u30fc\u30ba\u6c0f\u306f\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\u3092\u4e88\u60f3\u3059\u308b\u4eba\u3005\u306b\u5411\u3051\u3066\u6b21\u306e\u3088\u3046\u306b\u8a00\u3046\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u3053\u3053\u6570\u5341\u5e74\u306b\u8d77\u3053\u3063\u305f\u3059\u3079\u3066\u306e\u666f\u6c17\u5f8c\u9000\u306e\u524d\u306b\u306f\u4eba\u3005\u304c\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u304a\u308a\u3001\u3057\u304b\u3082\u5f7c\u3089\u306f\u9593\u9055\u3063\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<p>\u4eba\u3005\u306f\u3084\u3084\u697d\u89b3\u7684\u904e\u304e\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u6050\u3089\u304f\u306f\u3001\u6e1b\u901f\u3059\u308b\u5b9f\u4f53\u7d4c\u6e08\u3092\u6c17\u306b\u305b\u305a\u9ad8\u5024\u3067\u63a8\u79fb\u3059\u308b\u682a\u5f0f\u5e02\u5834\u3082\u5ff5\u982d\u306b\u5165\u3063\u3066\u3044\u308b\u306e\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/39671\" data-type=\"post\" data-id=\"39671\">\u7c73\u56fd\u682a\u304c\u5b8c\u5168\u306b\u5272\u9ad8\u3067\u3042\u308b\u7406\u7531\u3068\u682a\u4fa1\u306e\u63a8\u79fb\u4e88\u60f3<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u30a2\u30e1\u30ea\u30ab\u306e\u5143\u8ca1\u52d9\u9577\u5b98\u3067\u7d4c\u6e08\u5b66\u8005\u306e\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f\u304c\u3001Bloomberg\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\u306e\u53ef\u80fd\u6027\u3068\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306e\u53ef\u80fd\u6027\u306b\u3064\u3044\u3066\u8a9e\u3063\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],"tags":[98],"class_list":["post-40157","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-bond-markets","tag-larry-summers"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/40157","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=40157"}],"version-history":[{"count":12,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/40157\/revisions"}],"predecessor-version":[{"id":40171,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/40157\/revisions\/40171"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=40157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=40157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=40157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}