{"id":4393,"date":"2016-10-07T16:04:36","date_gmt":"2016-10-07T07:04:36","guid":{"rendered":"http:\/\/www.globalmacroresearch.org\/jp\/?p=4393"},"modified":"2016-10-07T22:50:56","modified_gmt":"2016-10-07T13:50:56","slug":"%e3%83%95%e3%82%a3%e3%83%83%e3%82%b7%e3%83%a3%e3%83%bc%e5%89%af%e7%b7%8f%e8%a3%81%e3%81%8c%e3%81%a4%e3%81%84%e3%81%ab%e9%95%b7%e6%9c%9f%e5%81%9c%e6%bb%9e%e8%ab%96%e3%81%ab%e8%a8%80%e5%8f%8a%e3%80%81","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/4393","title":{"rendered":"\u30d5\u30a3\u30c3\u30b7\u30e3\u30fc\u526f\u8b70\u9577\u304c\u3064\u3044\u306b\u9577\u671f\u505c\u6ede\u8ad6\u306b\u8a00\u53ca\u3001\u5229\u4e0a\u3052\u3068\u4f4e\u91d1\u5229\u7d99\u7d9a\u3067\u5272\u308c\u308b\u7406\u4e8b\u4f1a\u3092\u8c61\u5fb4"},"content":{"rendered":"<p>10\u67085\u65e5\u3001Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u30d5\u30a3\u30c3\u30b7\u30e3\u30fc\u526f\u8b70\u9577\u304c\u30cb\u30e5\u30fc\u30e8\u30fc\u30af\u3067\u8b1b\u6f14\uff08<a href=\"https:\/\/www.federalreserve.gov\/newsevents\/speech\/fischer20161005a.htm\" target=\"_blank\">\u539f\u6587\u82f1\u8a9e<\/a>\uff09\u3057\u3001\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306e\u6052\u5e38\u7684\u505c\u6ede\u306e\u53ef\u80fd\u6027\u3001\u3064\u307e\u308a\u7c73\u56fd\u5143\u8ca1\u52d9\u9577\u5b98\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f\u304c\u4e3b\u5f35\u3059\u308b\u9577\u671f\u505c\u6ede\u306e\u30ea\u30b9\u30af\u306b\u8a00\u53ca\u3057\u305f\u3002<\/p>\n<p>\u3064\u3044\u5148\u65e5\u3001\u30b5\u30de\u30fc\u30ba\u6c0f\u304c\u30d6\u30ed\u30b0\u3067Fed\u306f\u4e16\u754c\u7d4c\u6e08\u306e\u9577\u671f\u505c\u6ede\u3092\u8a8d\u3081\u308b\u3079\u304d\u3060\u3068\u4e3b\u5f35\u3057\u3066\u304a\u308a\u3001\u30b5\u30de\u30fc\u30ba\u6c0f\u306e\u540d\u524d\u3092\u6319\u3052\u3066\u9577\u671f\u505c\u6ede\u306e\u30ea\u30b9\u30af\u306b\u8a00\u53ca\u3057\u305f\u30d5\u30a3\u30c3\u30b7\u30e3\u30fc\u526f\u8b70\u9577\u306f\u305d\u308c\u306b\u660e\u78ba\u306b\u7b54\u3048\u305f\u5f62\u3068\u306a\u308b\u3002\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306e\u9577\u671f\u505c\u6ede\u306b\u3064\u3044\u3066\u306f\u3053\u308c\u307e\u3067\u30d6\u30ec\u30a4\u30ca\u30fc\u30c9\u7406\u4e8b\u306a\u3069\u304c\u8a00\u53ca\u3057\u3066\u304d\u305f\u304c\u3001\u30d5\u30a3\u30c3\u30b7\u30e3\u30fc\u526f\u8b70\u9577\u306f\u30d0\u30fc\u30ca\u30f3\u30ad\u5143\u8b70\u9577\u3084ECB\u306e\u30c9\u30e9\u30ae\u7dcf\u88c1\u3089\u3092\u6559\u3048\u5b50\u306b\u6301\u3064\u3053\u3068\u3067\u77e5\u3089\u308c\u3001\u5f71\u97ff\u529b\u306e\u5f37\u3044\u30d5\u30a3\u30c3\u30b7\u30e3\u30fc\u6c0f\u304c\u305d\u306e\u30ea\u30b9\u30af\u306b\u3064\u3044\u3066\u660e\u8a00\u3057\u305f\u3053\u3068\u306f\u4eca\u5f8c\u306e\u30a2\u30e1\u30ea\u30ab\u306e\u5229\u4e0a\u3052\u89b3\u6e2c\u3092\u5360\u3046\u4e0a\u3067\u5927\u304d\u306a\u4e8b\u9805\u3067\u3042\u308b\u3068\u8a00\u3048\u308b\u3002<\/p>\n<p><!--more--><strong>\u30b5\u30de\u30fc\u30ba\u6c0f\u306e\u9577\u671f\u505c\u6ede\u8ad6<\/strong><\/p>\n<p>\u9577\u671f\u505c\u6ede\u8ad6\u306e\u65d7\u624b\u3067\u3042\u308b\u30b5\u30de\u30fc\u30ba\u6c0f\u304c\u30d6\u30ed\u30b0\u3067Fed\u306b\u6ce8\u6587\u3092\u51fa\u3057\u305f\u306e\u306f9\u670830\u65e5\u306e\u3053\u3068\u3067\u3042\u3063\u305f\u3002\u30b5\u30de\u30fc\u30ba\u6c0f\u306f\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u66f8\u3044\u3066\u3044\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/4354\">\u5143\u7c73\u56fd\u8ca1\u52d9\u9577\u5b98\u30b5\u30de\u30fc\u30ba\u6c0f: \u30a2\u30e1\u30ea\u30ab\u306e\u5229\u4e0a\u3052\u306f\u4e0d\u8981\u3001\u73fe\u884c\u306e\u91d1\u878d\u653f\u7b56\u306f\u77db\u76fe\u3057\u3066\u3044\u308b<\/a><\/li>\n<\/ul>\n<blockquote><p>Fed\u306f\u4e2d\u7acb\u91d1\u5229\u304c\u3044\u307e\u3084\u30bc\u30ed\u8fd1\u508d\u3067\u3042\u308a\u3001\u5c06\u6765\u7684\u306b\u3082\u5f53\u9762\u306e\u95932%\u4ee5\u4e0b\u306b\u7559\u307e\u308b\u3068\u3044\u3046\u3053\u3068\u3092\u8a8d\u3081\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3002\uff08\u4e2d\u7565\uff09Fed\u306f\u3053\u308c\u307e\u3067\u5e02\u5834\u304c\u4e88\u671f\u3059\u308b\u3088\u308a\u3082\u304b\u306a\u308a\u5f37\u3044\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306e\u4e88\u60f3\u3092\u793a\u3057\u7d9a\u3051\u3001\u305d\u3057\u3066\u5e02\u5834\u306b\u7121\u8996\u3055\u308c\u3001\u3057\u304b\u3082\u7d50\u679c\u7684\u306b\u306f\u3044\u3064\u3082\u5e02\u5834\u306e\u307b\u3046\u304c\u6b63\u3057\u3044\u3068\u3044\u3046\u3053\u3068\u3092\u9577\u5e74\u7d9a\u3051\u305f\u3053\u3068\u306b\u3088\u3063\u3066\u5e02\u5834\u306e\u4fe1\u983c\u3092\u5931\u3063\u3066\u3044\u308b<\/p><\/blockquote>\n<p>\u3053\u308c\u306b\u5bfe\u3057\u3001\u30d5\u30a3\u30c3\u30b7\u30e3\u30fc\u6c0f\u306f\u3069\u3046\u7b54\u3048\u305f\u304b\uff1f\u3000\u307b\u3068\u3093\u3069\u30b5\u30de\u30fc\u30ba\u6c0f\u306e\u8a18\u4e8b\u306b\u5bfe\u3059\u308b\u8fd4\u7b54\u306e\u3088\u3046\u306a\u5185\u5bb9\u3067\u3001\u8b1b\u6f14\u306e\u306a\u304b\u3067\u306f\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u8a71\u3057\u3066\u3044\u308b\u3002<\/p>\n<blockquote><p>\u6628\u4eca\u306e\u7814\u7a76\u306b\u3088\u308c\u3070\u5b9f\u8cea\u91d1\u5229\u3068GDP\u6210\u9577\u7387\u306b\u306f\u9577\u671f\u7684\u306a\u76f8\u95a2\u304c\u3042\u308a\u3001\u3057\u305f\u304c\u3063\u3066\u5747\u8861\u5b9f\u8cea\u91d1\u5229\u306e\u9577\u671f\u7684\u4e0b\u843d\u306f\u7d4c\u6e08\u306e\u6f5c\u5728\u6210\u9577\u7387\u304c\u304b\u306a\u308a\u4f4e\u4e0b\u3057\u3066\u3044\u308b\u3053\u3068\u3092\u793a\u5506\u3059\u308b\u3082\u306e\u3067\u3042\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002\u3053\u306e\u61f8\u6848\u306f\u3001\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f\u304c\u63d0\u5531\u3059\u308b\u9577\u671f\u505c\u6ede\u306e\u518d\u6765\u4eee\u8aac\u306b\u304a\u3044\u3066\u91cd\u8981\u306a\u5f79\u5272\u3092\u679c\u305f\u3057\u3066\u3044\u308b\u3002<\/p><\/blockquote>\n<p>\u5747\u8861\u5b9f\u8cea\u91d1\u5229\uff08\u4e2d\u7acb\u91d1\u5229\uff09\u3068\u306f\u9700\u8981\u3068\u4f9b\u7d66\u304c\u5747\u8861\u72b6\u614b\u306b\u306a\u308a\u3001\u7de9\u548c\u306b\u3082\u5f15\u304d\u7de0\u3081\u306b\u3082\u504f\u308a\u3059\u304e\u306a\u3044\u3088\u3046\u306a\u4e2d\u7acb\u7684\u306a\u5b9f\u8cea\u91d1\u5229\u306e\u3053\u3068\u3067\u3042\u308b\u3002\u3053\u306e\u4e2d\u7acb\u91d1\u5229\u306f\u9577\u671f\u7684\u306b\u306f\u7d4c\u6e08\u306e\u6f5c\u5728\u6210\u9577\u7387\u3068\u8fd1\u4f3c\u3059\u308b\u3068\u8a00\u308f\u308c\u3066\u3044\u308b\u3002\u3053\u306e\u8fba\u308a\u306f\u30d0\u30fc\u30ca\u30f3\u30ad\u524d\u8b70\u9577\u304c\u30d6\u30ed\u30b0\u3067\u8a73\u7d30\u306b\u89e3\u8aac\u3057\u3066\u3044\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/1023\">\u30d0\u30fc\u30ca\u30f3\u30ad\u6c0f\u30d6\u30ed\u30b0: \u3069\u3046\u3057\u3066\u91d1\u5229\u306f\u305d\u308c\u307b\u3069\u4f4e\u3044\u306e\u304b<\/a><\/li>\n<\/ul>\n<p>\u30d5\u30a3\u30c3\u30b7\u30e3\u30fc\u6c0f\u306f\u3053\u3046\u3057\u305f\u9577\u671f\u505c\u6ede\u306b\u5bfe\u3057\u5bfe\u7b56\u3092\u8003\u3048\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3068\u4e3b\u5f35\u3059\u308b\u3002<\/p>\n<blockquote><p>\u5747\u8861\u5b9f\u8cea\u91d1\u5229\u306e\u4f4e\u4e0b\u304c\u4eca\u5f8c\u6570\u5e74\u306e\u7d4c\u6e08\u306b\u610f\u5473\u3059\u308b\u3082\u306e\u3092\u8003\u616e\u3059\u308c\u3070\u3001\u305d\u3046\u3057\u305f\u505c\u6ede\u3092\u3082\u305f\u3089\u3059\u7d4c\u6e08\u7684\u5727\u529b\u3068\u3001\u305d\u3057\u3066\u3069\u3046\u3059\u308c\u3070\u305d\u308c\u306b\u6297\u3046\u3053\u3068\u304c\u51fa\u6765\u308b\u304b\u3068\u3044\u3046\u70b9\u306b\u3064\u3044\u3066\u3001\u3088\u304f\u8003\u3048\u308b\u3079\u304d\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n<p>\u3057\u304b\u3057\u306a\u304c\u3089\u3001\u4e2d\u7acb\u91d1\u5229\u306e\u4f4e\u4e0b\u306b\u4e2d\u592e\u9280\u884c\u304c\u5bfe\u6297\u3067\u304d\u308b\u3068\u3059\u308c\u3070\u3001\u305d\u308c\u306f\u5229\u4e0b\u3052\u3068\u91cf\u7684\u7de9\u548c\u3067\u5e02\u5834\u306e\u91d1\u5229\u3092\u4eba\u5de5\u7684\u306b\u4f4e\u4e0b\u3055\u305b\u308b\u3053\u3068\u3067\u3042\u308b\u3002\u305d\u308c\u306f\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u3089\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u304c\u9577\u3089\u304f\u4e88\u671f\u3057\u3066\u3044\u305f\u91d1\u878d\u653f\u7b56\u306e\u8ee2\u63db\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/2946\">\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f: \u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306f\u6e1b\u901f\u3059\u308b\u3001\u5229\u4e0a\u3052\u306f\u5931\u6557\u3059\u308b\u3001\u30de\u30a4\u30ca\u30b9\u91d1\u5229\u306f\u52b9\u304b\u306a\u3044<\/a><\/li>\n<\/ul>\n<p>\u30d5\u30a3\u30c3\u30b7\u30e3\u30fc\u6c0f\u306f\u8b1b\u6f14\u306e\u306a\u304b\u3067\u4f4e\u91d1\u5229\u3092\u7d9a\u3051\u308b\u3053\u3068\u306e\u5371\u967a\u6027\u306b\u3082\u8a00\u53ca\u3057\u3066\u3044\u308b\u304c\u3001\u305d\u3046\u8a00\u3044\u306a\u304c\u3089\u3082\u4e2d\u7acb\u91d1\u5229\u306e\u4f4e\u4e0b\u3092\u8a8d\u3081\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u72b6\u614b\u306f\u3001\u3084\u306f\u308a\u91cf\u7684\u7de9\u548c\u30d0\u30d6\u30eb\u3068\u4f4e\u6210\u9577\u306e\u677f\u631f\u307f\u3068\u306a\u3063\u3066\u3044\u308b\u4e2d\u592e\u9280\u884c\u306e\u73fe\u72b6\u3092\u3088\u304f\u7269\u8a9e\u3063\u3066\u3044\u308b\u3002Fed\u306e\u5185\u90e8\u3067\u3082\u610f\u898b\u304c\u5272\u308c\u3066\u304a\u308a\u3001\u30af\u30ea\u30fc\u30d6\u30e9\u30f3\u30c9\u9023\u9280\u7dcf\u88c1\u306e\u30e1\u30b9\u30bf\u30fc\u6c0f\u3084\u30dc\u30b9\u30c8\u30f3\u9023\u9280\u7dcf\u88c1\u30ed\u30fc\u30bc\u30f3\u30b0\u30ec\u30f3\u6c0f\u306a\u3069\u306f\u5229\u4e0a\u3052\u5f37\u884c\u3092\u4e3b\u5f35\u3057\u3066\u3044\u308b\u304c\u3001\u4e00\u65b9\u3067\u4eca\u56de\u30d5\u30a3\u30c3\u30b7\u30e3\u30fc\u6c0f\u304c\u9577\u671f\u505c\u6ede\u3092\u8a8d\u3081\u308b\u306a\u3069\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u878d\u653f\u7b56\u306f\u904e\u6e21\u671f\u306b\u3042\u308b\u3002<\/p>\n<p><strong>\u91d1\u878d\u653f\u7b56\u306e\u9650\u754c<\/strong><\/p>\n<p>\u5229\u4e0a\u3052\u6d3e\u3068\u614e\u91cd\u6d3e\u306e\u610f\u898b\u306f\u305d\u308c\u305e\u308c\u5171\u306b\u4e00\u7406\u3042\u308b\u306e\u3067\u3042\u308b\u3002\u3053\u306e\u3088\u3046\u306a\u72b6\u6cc1\u306b\u5bfe\u3057\u3001\u30d5\u30a3\u30c3\u30b7\u30e3\u30fc\u6c0f\u306f\u91d1\u878d\u653f\u7b56\u4ee5\u5916\u306e\u90e8\u5206\u306b\u52a9\u3051\u3092\u6c42\u3081\u308b\u3002<\/p>\n<blockquote><p>\u751f\u7523\u6027\u3068\u9577\u671f\u306e\u6f5c\u5728\u6210\u9577\u7387\u3092\u5411\u4e0a\u3055\u305b\u308b\u305f\u3081\u306e\u65b9\u7b56\u306f\u4e2d\u592e\u9280\u884c\u306e\u884c\u52d5\u306e\u306a\u304b\u306b\u898b\u51fa\u3059\u3088\u308a\u3082\u3001\u52b9\u7387\u7684\u306a\u8ca1\u653f\u653f\u7b56\u3084\u898f\u5236\u306e\u306a\u304b\u306b\u898b\u51fa\u3059\u65b9\u304c\u73fe\u5b9f\u7684\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n<p>\u3057\u304b\u3057\u3053\u306e\u4e3b\u5f35\u3082\u7121\u7406\u7b4b\u3067\u3042\u308b\u3002\u91d1\u5229\u306e\u4f4e\u4e0b\u306f1980\u5e74\u304b\u3089\u6052\u5e38\u7684\u306b\u8d77\u3053\u3063\u3066\u3044\u308b\u3053\u3068\u3067\u3042\u308a\u3001\u305d\u306e\u959335\u5e74\u9593\u8ca1\u653f\u653f\u7b56\u3084\u898f\u5236\u306e\u672c\u8cea\u306b\u4f55\u304b\u7279\u5225\u306a\u5909\u5316\u304c\u3042\u3063\u305f\u308f\u3051\u3067\u306f\u306a\u3044\u3002<\/p>\n<p><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/02\/2015-11-us-federal-funds-rate-historical-chart.png\" rel=\"attachment wp-att-2503\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2503\" src=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/02\/2015-11-us-federal-funds-rate-historical-chart.png\" alt=\"2015-11-us-federal-funds-rate-historical-chart\" width=\"427\" height=\"346\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/02\/2015-11-us-federal-funds-rate-historical-chart.png 427w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/02\/2015-11-us-federal-funds-rate-historical-chart-300x243.png 300w\" sizes=\"auto, (max-width: 427px) 100vw, 427px\" \/><\/a><\/p>\n<p>\u3053\u306e\u9577\u671f\u505c\u6ede\u306e\u539f\u56e0\u306f\u77ed\u671f\u7684\u306a\u8ca1\u653f\u51fa\u52d5\u3084\u898f\u5236\u7de9\u548c\u3067\u3069\u3046\u3053\u3046\u51fa\u6765\u308b\u3082\u306e\u3067\u306f\u306a\u304f\u3001\u3088\u308a\u6839\u6e90\u7684\u306a\u554f\u984c\u306b\u6839\u3056\u3057\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002\u305d\u308c\u306f\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f\u306b\u3088\u308c\u3070\u52b4\u50cd\u4eba\u53e3\u306e\u6e1b\u5c11\u306a\u3069\u306e\u4eba\u53e3\u52d5\u614b\u3067\u3042\u308a\u3001\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u904b\u7528\u8005\u3067\u3042\u308b\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306b\u3088\u308c\u3070\u50b5\u52d9\u81a8\u5f35\u306b\u4f9d\u5b58\u3057\u3066\u304d\u305f\u3053\u308c\u307e\u3067\u306e\u7d4c\u6e08\u6210\u9577\u304c\u9650\u754c\u306b\u9054\u3057\u3064\u3064\u3042\u308b\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/2489\">\u5143\u7c73\u56fd\u8ca1\u52d9\u9577\u5b98\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f\u304c\u9577\u671f\u505c\u6ede\u8ad6\u3068\u306f\u4f55\u304b\u3092\u8a9e\u308b<\/a><\/li>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/3398\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u904b\u7528\u8005\u306b\u3088\u308b\u7d4c\u6e08\u5165\u9580: 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href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/4376\">\u91d1\u4fa1\u683c\u4e0b\u843d\u306e\u7406\u7531\u3001\u4eca\u5f8c\u306e\u76f8\u5834\u4e88\u60f3\u3068\u30d0\u30d6\u30eb\u30b7\u30ca\u30ea\u30aa\u518d\u70b9\u691c<\/a><\/li>\n<\/ul>\n<p>\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u3001\u30de\u30af\u30ed\u7d4c\u6e08\u5b66\u306e\u6700\u65b0\u306e\u8b70\u984c\u3092\u5de1\u3063\u3066\u4e2d\u592e\u9280\u884c\u3068\u91d1\u878d\u5e02\u5834\u3092\u821e\u53f0\u306b\u6226\u3048\u308b\u3053\u3068\u307b\u3069\u8ced\u3051\u304c\u3044\u306e\u3042\u308b\u6295\u8cc7\u306f\u306a\u304b\u306a\u304b\u306a\u3044\u3060\u308d\u3046\u3002\u30a2\u30e1\u30ea\u30ab\u5229\u4e0a\u3052\u306f\u6210\u529f\u3059\u308b\u3060\u308d\u3046\u304b\uff1f\u3000\u8aad\u8005\u306f\u3069\u3046\u601d\u3046\u3060\u308d\u3046\u304b\uff1f\u3000\u6c7a\u7740\u306f\u3042\u30681\u5e74\u8db3\u3089\u305a\u3067\u306f\u3063\u304d\u308a\u3068\u3059\u308b\u3060\u308d\u3046\u3002\u697d\u3057\u307f\u306b\u5f85\u3061\u305f\u3044\u3068\u601d\u3046\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>10\u67085\u65e5\u3001Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u30d5\u30a3\u30c3\u30b7\u30e3\u30fc\u526f\u8b70\u9577\u304c\u30cb\u30e5\u30fc\u30e8\u30fc\u30af\u3067\u8b1b\u6f14\uff08\u539f\u6587\u82f1\u8a9e\uff09\u3057\u3001\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306e\u6052\u5e38\u7684\u505c\u6ede\u306e\u53ef\u80fd\u6027\u3001\u3064\u307e\u308a\u7c73\u56fd\u5143\u8ca1\u52d9\u9577\u5b98\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f\u304c\u4e3b\u5f35\u3059\u308b\u9577\u671f\u505c\u6ede\u306e\u30ea\u30b9\u30af\u306b\u8a00\u53ca\u3057\u305f\u3002 \u3064\u3044\u5148\u65e5\u3001\u30b5\u30de\u30fc\u30ba &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/4393\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u30d5\u30a3\u30c3\u30b7\u30e3\u30fc\u526f\u8b70\u9577\u304c\u3064\u3044\u306b\u9577\u671f\u505c\u6ede\u8ad6\u306b\u8a00\u53ca\u3001\u5229\u4e0a\u3052\u3068\u4f4e\u91d1\u5229\u7d99\u7d9a\u3067\u5272\u308c\u308b\u7406\u4e8b\u4f1a\u3092\u8c61\u5fb4<\/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":[118,108],"tags":[64,72],"class_list":["post-4393","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-bond-markets","tag-fed","tag-rate-hike"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/4393","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=4393"}],"version-history":[{"count":10,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/4393\/revisions"}],"predecessor-version":[{"id":4403,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/4393\/revisions\/4403"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=4393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=4393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=4393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}