{"id":53492,"date":"2024-09-15T20:00:00","date_gmt":"2024-09-15T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=53492"},"modified":"2024-09-15T15:49:30","modified_gmt":"2024-09-15T06:49:30","slug":"%e7%b1%b3%e5%9b%bd%e3%81%ae%e3%82%a4%e3%83%b3%e3%83%95%e3%83%ac%e7%8e%87%e4%b8%8b%e8%90%bd%e3%81%8c%e6%ad%a2%e3%81%be%e3%82%89%e3%81%aa%e3%81%84%e7%90%86%e7%94%b1%e3%82%92%e3%82%bd%e3%83%ad%e3%82%b9","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/53492","title":{"rendered":"\u7c73\u56fd\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u4e0b\u843d\u304c\u6b62\u307e\u3089\u306a\u3044\u7406\u7531\u3092\u30bd\u30ed\u30b9\u6c0f\u306e\u518d\u5e30\u7406\u8ad6\u304b\u3089\u8aac\u660e\u3059\u308b"},"content":{"rendered":"\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u304c2.6%\u307e\u3067\u4e0b\u843d\u3057\u3066\u304a\u308a\u3001Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306f\u5229\u4e0b\u3052\u3092\u958b\u59cb\u3057\u3088\u3046\u3068\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u306f\u3001\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u3092\u898b\u308c\u3070\u305d\u308c\u307b\u3069\u6e1b\u901f\u3057\u3066\u3044\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u3002\u305d\u308c\u3067\u3082\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u4e0b\u304c\u308a\u7d9a\u3051\u3066\u3044\u308b\u3053\u3068\u306b\u306f\u7406\u7531\u304c\u3042\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u7c73\u56fd\u306e\u30a4\u30f3\u30d5\u30ec\u6e1b\u901f<\/strong><\/p>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u306f\u78ba\u304b\u306b\u6e1b\u901f\u3057\u305f\u3002\u30b3\u30ed\u30ca\u5f8c\u306e\u73fe\u91d1\u7d66\u4ed8\u306b\u3088\u3063\u3066\u9ad8\u9a30\u3057\u305f\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u4e00\u66429%\u306b\u307e\u3067\u4e0a\u304c\u3063\u305f\u304c\u3001\u4eca\u3067\u306f2.6%\u3068\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057CPI \uff08\u6d88\u8cbb\u8005\u7269\u4fa1\u6307\u6570\uff09\u306e\u5185\u8a33\u3092\u898b\u308c\u3070\u3001\u5b9f\u4f53\u7d4c\u6e08\u306e\u30a4\u30f3\u30d5\u30ec\u306f\u305d\u308c\u307b\u3069\u6e1b\u901f\u3057\u3066\u3044\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/53372\" data-type=\"post\" data-id=\"53372\">\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u306f\u305d\u3046\u7c21\u5358\u306b\u306f\u53ce\u307e\u3089\u306a\u3044\u30018\u6708CPI\u7d71\u8a08<\/a><\/li>\n<\/ul>\n\n\n\n<p>CPI\u306e\u5185\u8a33\u306e\u306a\u304b\u3067\u30a4\u30f3\u30d5\u30ec\u304c\u3082\u3063\u3068\u3082\u6839\u5f37\u3044\u306e\u306f\u8cc3\u91d1\u3092\u4e3b\u306a\u30b3\u30b9\u30c8\u3068\u3059\u308b\u30b5\u30fc\u30d3\u30b9\u306e\u30a4\u30f3\u30d5\u30ec\u3067\u3042\u308b\u3002\u4e2d\u592e\u9280\u884c\u306e\u91d1\u5229\u64cd\u4f5c\u306b\u53cd\u5fdc\u3057\u3084\u3059\u3044\u4f4f\u5b85\u5e02\u5834\u3084\u4f01\u696d\u306e\u8a2d\u5099\u6295\u8cc7\uff08\u4e21\u65b9\u30ed\u30fc\u30f3\u91d1\u5229\u306b\u5f71\u97ff\u3055\u308c\u308b\uff09\u3068\u306f\u9055\u3044\u3001\u96c7\u7528\u306f\u501f\u5165\u306b\u5f71\u97ff\u3055\u308c\u306b\u304f\u3044\u305f\u3081\u3001\u4e2d\u592e\u9280\u884c\u306b\u3068\u3063\u3066\u64cd\u4f5c\u304c\u96e3\u3057\u3044\u30a4\u30f3\u30d5\u30ec\u3068\u3057\u3066\u60aa\u540d\u9ad8\u3044\u3002<\/p>\n\n\n\n<p>\u305d\u306e\u30b5\u30fc\u30d3\u30b9\u306e\u30a4\u30f3\u30d5\u30ec\u304c\u3001\u8cc3\u91d1\u30a4\u30f3\u30d5\u30ec\u3068\u3068\u3082\u306b\u6839\u5f37\u304f\u6b8b\u3063\u3066\u3044\u308b\u3002\u3060\u304c\u305d\u308c\u3067\u3082\u5168\u4f53\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u7740\u3005\u3068\u4e0b\u843d\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30a4\u30f3\u30d5\u30ec\u7387\u4e0b\u843d\u306e\u7406\u7531<\/strong><\/p>\n\n\n\n<p>\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u4e0b\u304c\u3063\u3066\u3044\u306a\u3044\u306e\u306b\u5168\u4f53\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u4e0b\u304c\u3063\u3066\u3044\u308b\u3002\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u306f\u98df\u54c1\u3068\u30a8\u30cd\u30eb\u30ae\u30fc\u3092\u9664\u304f\u30a4\u30f3\u30d5\u30ec\u306a\u306e\u3067\u3001\u305d\u308c\u306f\u3064\u307e\u308a\u98df\u54c1\u3068\u30a8\u30cd\u30eb\u30ae\u30fc\u306e\u30a4\u30f3\u30d5\u30ec\u6e1b\u901f\u304c\u30a4\u30f3\u30d5\u30ec\u7387\u4e0b\u843d\u306b\u8ca2\u732e\u3057\u3066\u3044\u308b\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u98df\u54c1\u3068\u30a8\u30cd\u30eb\u30ae\u30fc\u304c\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u304b\u3089\u9664\u304b\u308c\u3066\u3044\u308b\u7406\u7531\u306f\u3001\u98df\u54c1\u3068\u30a8\u30cd\u30eb\u30ae\u30fc\u304c\u91d1\u878d\u5e02\u5834\u3067\u53d6\u5f15\u3055\u308c\u3066\u3044\u308b\u8cc7\u6e90\u3084\u8fb2\u4f5c\u7269\u306a\u3069\u306e\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u9298\u67c4\u306b\u5f71\u97ff\u3055\u308c\u308b\u304b\u3089\u3067\u3042\u308b\u3002\u3064\u307e\u308a\u3001\u98df\u54c1\u3068\u30a8\u30cd\u30eb\u30ae\u30fc\u306f\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u306e\u30a4\u30f3\u30d5\u30ec\u3001\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u306f\u5b9f\u4f53\u7d4c\u6e08\u306e\u30a4\u30f3\u30d5\u30ec\u3068\u304a\u304a\u307e\u304b\u306b\u5206\u3051\u308b\u3053\u3068\u304c\u3067\u304d\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u304c\u53ce\u307e\u3089\u306a\u3044\u4e00\u65b9\u3067\u3001\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u306f\u5168\u4f53\u7684\u306b\u9577\u671f\u4e0b\u843d\u30c8\u30ec\u30f3\u30c9\u306b\u3042\u308b\u3002\u4ee3\u8868\u7684\u306a\u306e\u306f\u539f\u6cb9\u4fa1\u683c\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\/2024\/09\/2024-9-15-wti-crude-oil-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"706\" height=\"547\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/09\/2024-9-15-wti-crude-oil-chart.png\" alt=\"\" class=\"wp-image-53507\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/09\/2024-9-15-wti-crude-oil-chart.png 706w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/09\/2024-9-15-wti-crude-oil-chart-300x232.png 300w\" sizes=\"auto, (max-width: 706px) 100vw, 706px\" \/><\/a><\/figure>\n\n\n\n<p>\u305d\u3057\u3066\u591a\u304f\u306e\u500b\u4eba\u6295\u8cc7\u5bb6\u306f\u4ed6\u306e\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u306f\u3042\u307e\u308a\u898b\u306a\u3044\u304b\u3082\u3057\u308c\u306a\u3044\u304c\u3001\u8fb2\u4f5c\u7269\u3082\u5168\u4f53\u7684\u306b\u4e0b\u843d\u30c8\u30ec\u30f3\u30c9\u304c\u7d9a\u3044\u3066\u304a\u308a\u3001\u4f8b\u3048\u3070\u5c0f\u9ea6\u306e\u4fa1\u683c\u306f\u4ee5\u4e0b\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\/2024\/09\/2024-9-15-wheat-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"706\" height=\"547\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/09\/2024-9-15-wheat-chart.png\" alt=\"\" class=\"wp-image-53508\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/09\/2024-9-15-wheat-chart.png 706w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/09\/2024-9-15-wheat-chart-300x232.png 300w\" sizes=\"auto, (max-width: 706px) 100vw, 706px\" \/><\/a><\/figure>\n\n\n\n<p><strong>\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u3068\u30a4\u30f3\u30d5\u30ec\u7387<\/strong><\/p>\n\n\n\n<p>\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u7387\u3060\u3051\u898b\u308c\u3070\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u305d\u3046\u7c21\u5358\u306b\u306f\u4e0b\u304c\u3063\u3066\u6765\u306a\u3044\u3068\u8a00\u3048\u308b\u3002\u3060\u304c\u4e00\u65b9\u3067\u3001\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u306f\u4e0b\u304c\u308a\u7d9a\u3051\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u4f55\u6545\u306a\u306e\u304b\u3002\u305d\u306e\u7406\u7531\u3092\u7406\u89e3\u3059\u308b\u306b\u306f\u3001\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u3068\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u305d\u308c\u305e\u308c\u72ec\u7acb\u306b\u52d5\u3044\u3066\u3044\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3092\u7406\u89e3\u3059\u308b\u5fc5\u8981\u304c\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u3092\u8aac\u660e\u3067\u304d\u308b\u306e\u306f\u3001\u30de\u30af\u30ed\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u306e\u5148\u99c6\u3051\u3001\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u306e\u518d\u5e30\u7406\u8ad6\u3067\u3042\u308b\u3002\u5f1f\u5b50\u306e\u30b9\u30bf\u30f3\u30ec\u30fc\u30fb\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3082\u305d\u3046\u3060\u304c\u3001\u30bd\u30ed\u30b9\u6c0f\u306f\u5f93\u6765\u306e\u30de\u30af\u30ed\u7d4c\u6e08\u5b66\u3092\u5426\u5b9a\u3057\u3001\u305d\u306e\u307e\u307e\u3067\u306f\u7d4c\u6e08\u306e\u52d5\u304d\u3092\u4e88\u60f3\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u306a\u3044\u3068\u6279\u5224\u3057\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/44730\" data-type=\"post\" data-id=\"44730\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f: \u7d4c\u6e08\u5b66\u8005\u304c\u7d4c\u6e08\u3092\u4e88\u60f3\u3067\u304d\u306a\u3044\u7406\u7531<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u305d\u3057\u3066\u72ec\u81ea\u306e\u7d4c\u6e08\u7406\u8ad6\u3092\u6253\u3061\u7acb\u3066\u305f\u3002\u305d\u308c\u304c\u30bd\u30ed\u30b9\u6c0f\u306e\u518d\u5e30\u7406\u8ad6\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30bd\u30ed\u30b9\u6c0f\u306f\u81ea\u5206\u306e\u6295\u8cc7\u7406\u8ad6\u3067\u3042\u308b\u518d\u5e30\u7406\u8ad6\u3092\u516c\u958b\u3057\u305f\u8457\u66f8\u300e<a href=\"https:\/\/amzn.to\/4aeFfZ8\" target=\"_blank\" rel=\"noreferrer noopener\">\u30bd\u30ed\u30b9\u306e\u932c\u91d1\u8853<\/a>\u300f\u3067\u6b21\u306e\u3088\u3046\u306b\u8aac\u660e\u3057\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>\u610f\u5fd7\u3092\u6301\u3064\u5e02\u5834\u53c2\u52a0\u8005\u304c\u3044\u308b\u5834\u5408\u3001\u53c2\u52a0\u8005\u306e\u601d\u8003\u3068\u5f7c\u3089\u304c\u95a2\u4e0e\u3059\u308b\u72b6\u6cc1\u3068\u306e\u9593\u306b\u306f\u53cc\u65b9\u5411\u306e\u76f8\u4e92\u4f5c\u7528\u304c\u5b58\u5728\u3059\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u5e02\u5834\u53c2\u52a0\u8005\u306f\u7d4c\u6e08\u30c7\u30fc\u30bf\u306a\u3069\u306e\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\u3092\u8a8d\u8b58\u3057\u3001\u305d\u306e\u4e0a\u3067\u91d1\u878d\u5e02\u5834\u306b\u95a2\u4e0e\u3059\u308b\u3002\u3064\u307e\u308a\u5e02\u5834\u306b\u306f\u53c2\u52a0\u8005\u3068\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\u304c\u5b58\u5728\u3057\u3001\u53c2\u52a0\u8005\u306f\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\u3092\u300c\u8a8d\u8b58\u300d\u3057\u3066\u3001\u305d\u306e\u4e0a\u3067\u5e02\u5834\u306b\u300c\u95a2\u4e0e\u300d\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u30bd\u30ed\u30b9\u6c0f\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\">\n<p>\u3053\u306e\u8a8d\u77e5\u3068\u95a2\u4e0e\u306e2\u3064\u306e\u6a5f\u80fd\u306e\u76f8\u4e92\u5e72\u6e09\u3092\u308f\u305f\u3057\u306f\u300c\u518d\u5e30\u6a5f\u80fd\u300d\u3068\u540d\u4ed8\u3051\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u30a4\u30f3\u30d5\u30ec\u3068\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u306e\u518d\u5e30\u6027<\/strong><\/p>\n\n\n\n<p>\u3053\u306e\u8003\u3048\u65b9\u3092\u73fe\u5728\u306e\u30a4\u30f3\u30d5\u30ec\u306b\u5f53\u3066\u306f\u3081\u308b\u3068\u3001\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\u304cCPI\u3001\u5e02\u5834\u53c2\u52a0\u8005\u306e\u8a8d\u8b58\u304c\u53cd\u6620\u3055\u308c\u308b\u5834\u6240\u304c\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066CPI\u3068\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u306f\u72ec\u7acb\u306b\u52d5\u3044\u3066\u3044\u306a\u3044\u3002\u307e\u305a\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u306fCPI\u306e\u4e00\u90e8\u3067\u3042\u308b\u3002\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u306e\u4fa1\u683c\u306fCPI\u306e\u98df\u54c1\u3068\u30a8\u30cd\u30eb\u30ae\u30fc\u306e\u9805\u76ee\u306b\u76f4\u63a5\u5f71\u97ff\u3092\u4e0e\u3048\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u4e00\u65b9\u3067\u3001\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u306e\u63a8\u79fb\u306f\u5e02\u5834\u306e\u671f\u5f85\u30a4\u30f3\u30d5\u30ec\u7387\u306e\u63a8\u79fb\u306b\u9023\u52d5\u3057\u3066\u3044\u308b\u3002\uff08\u7279\u306b\u30a2\u30e1\u30ea\u30ab\u306e\uff09\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u4e0b\u304c\u308b\u3068\u5e02\u5834\u304c\u4e88\u60f3\u3059\u308c\u3070\u3001\u5e02\u5834\u53c2\u52a0\u8005\u306f\u5b9f\u4f53\u7d4c\u6e08\u304c\u5f31\u307e\u3063\u3066\u3044\u308b\u3068\u5224\u65ad\u3057\u3001\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u4fa1\u683c\u304c\u4e0b\u304c\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u671f\u5f85\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u63a8\u79fb\u3057\u3066\u304a\u308a\u30012022\u5e74\u3092\u30d4\u30fc\u30af\u3068\u3059\u308b\u4e0a\u306e\u539f\u6cb9\u4fa1\u683c\u3084\u5c0f\u9ea6\u4fa1\u683c\u3068\u9023\u52d5\u3057\u3066\u3044\u308b\u3053\u3068\u304c\u5206\u304b\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/09\/2024-9-15-us-10-year-breakeven-inflation-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"450\" height=\"466\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/09\/2024-9-15-us-10-year-breakeven-inflation-chart.png\" alt=\"\" class=\"wp-image-53529\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/09\/2024-9-15-us-10-year-breakeven-inflation-chart.png 450w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/09\/2024-9-15-us-10-year-breakeven-inflation-chart-290x300.png 290w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><\/a><\/figure>\n\n\n\n<p>\u305f\u3060\u3001\u3053\u3053\u3067\u8003\u3048\u3066\u3082\u3089\u3044\u305f\u3044\u306e\u306f\u3001\u671f\u5f85\u30a4\u30f3\u30d5\u30ec\u7387\u3084\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u4fa1\u683c\u304c\u3069\u306e\u3088\u3046\u306b\u52d5\u304f\u304b\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4f8b\u3048\u3070CPI\u7d71\u8a08\u304c\u767a\u8868\u3055\u308c\u308b\u3002\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u4f4e\u304f\u306a\u3063\u3066\u3044\u308b\u3002\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u304c\u6e1b\u901f\u3057\u3066\u3044\u308b\u3068\u5e02\u5834\u53c2\u52a0\u8005\u306f\u5224\u65ad\u3057\u3001\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u4fa1\u683c\u304c\u4e0b\u843d\u3059\u308b\u3002<\/p>\n\n\n\n<p><strong>\u81ea\u5df1\u5f37\u5316\u7684\u306a\u30c8\u30ec\u30f3\u30c9<\/strong><\/p>\n\n\n\n<p>\u3060\u304c\u3053\u308c\u306f\u304a\u304b\u3057\u304f\u306a\u3044\u3060\u308d\u3046\u304b\uff1f\u3000CPI\u7d71\u8a08\u81ea\u4f53\u304c\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u4fa1\u683c\u306e\u7d50\u679c\u306a\u306e\u3067\u3042\u308b\u3002\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u3067\u4fa1\u683c\u304c\u6c7a\u307e\u308a\u3001\u305d\u306e\u7d50\u679c\u30a8\u30cd\u30eb\u30ae\u30fc\u3084\u98df\u54c1\u306e\u4fa1\u683c\u304c\u6c7a\u307e\u308a\u3001\u305d\u308c\u304cCPI\u306e\u30c7\u30fc\u30bf\u306b\u306a\u3063\u3066\u3044\u308b\u306f\u305a\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u305d\u306eCPI\u304c\u767a\u8868\u3055\u308c\u308b\u3068\u305d\u306e\u7d50\u679c\u3067\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u304c\u66f4\u306b\u4e0b\u843d\u3059\u308b\u3002\u305d\u308c\u306f\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u81ea\u8eab\u304c\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u3092\u4e0b\u843d\u3055\u305b\u3066\u3044\u308b\u306b\u7b49\u3057\u3044\u3002<\/p>\n\n\n\n<p>\u3064\u307e\u308a\u3001\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u3068CPI\u7d71\u8a08\u306f\u81ea\u5df1\u8a00\u53ca\u306e\u30d1\u30e9\u30c9\u30c3\u30af\u30b9\u306b\u9665\u3063\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002\u305d\u308c\u304c\u30bd\u30ed\u30b9\u6c0f\u306e\u518d\u5e30\u7406\u8ad6\u3067\u3042\u308b\u3002\u305d\u3057\u3066\u30bd\u30ed\u30b9\u6c0f\u306b\u3088\u308c\u3070\u3001\u3053\u3046\u3057\u305f\u30c8\u30ec\u30f3\u30c9\u306f\u4e00\u65b9\u304c\u4ed6\u65b9\u3092\u6b63\u5f53\u5316\u3057\u3001\u305d\u308c\u304c\u307e\u305f\u6700\u521d\u306e\u4e00\u65b9\u3092\u6b63\u5f53\u5316\u3059\u308b\u306e\u3067\u3001\u3069\u3093\u3069\u3093\u81ea\u5df1\u5f37\u5316\u7684\u30c8\u30ec\u30f3\u30c9\u306b\u767a\u5c55\u3057\u3066\u3086\u304f\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u304c\u4eca\u306e\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u3068\u30a4\u30f3\u30d5\u30ec\u7387\u306e\u95a2\u4fc2\u3067\u3042\u308b\u3002\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u4fa1\u683c\u304c\u4e0b\u843d\u3059\u308b\u3053\u3068\u3067\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u4e0b\u843d\u3057\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u4e0b\u843d\u3059\u308b\u3053\u3068\u3067\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u4fa1\u683c\u304c\u4e0b\u843d\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u3053\u306e\u81ea\u5df1\u8a00\u53ca\u306b\u306f\u6839\u62e0\u304c\u629c\u3051\u843d\u3061\u3066\u3044\u308b\u306e\u3067\u3001\u5f90\u3005\u306b\u305d\u308c\u306b\u53cd\u3059\u308b\u529b\u304c\u84c4\u3048\u3089\u308c\u3001\u3042\u308b\u6642\u70b9\u3067\u305d\u306e\u30c8\u30ec\u30f3\u30c9\u306f\u5d29\u58ca\u3059\u308b\u3002\u30bd\u30ed\u30b9\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>\u81ea\u5df1\u6b63\u5f53\u5316\u306e\u30d5\u30a3\u30fc\u30c9\u30d0\u30c3\u30af\u30fb\u30eb\u30fc\u30d7\u306f\u3001\u3042\u308b\u7a0b\u5ea6\u3092\u8d8a\u3048\u308b\u3068\u6301\u7d9a\u3067\u304d\u306a\u304f\u306a\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u305d\u3057\u3066\u6700\u7d42\u7684\u306b\u306f\u81ea\u5df1\u8a00\u53ca\u306e\u30c8\u30ec\u30f3\u30c9\u306f\u5d29\u58ca\u3059\u308b\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u305d\u308c\u306f\u30bd\u30ed\u30b9\u6c0f\u306e\u30d0\u30d6\u30eb\u751f\u6210\u3068\u5d29\u58ca\u306e\u7406\u8ad6\u3067\u3082\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u81ea\u5df1\u5f37\u5316\u7684\u30c8\u30ec\u30f3\u30c9\u304c\u5d29\u58ca\u3059\u308b\u306e\u306f\u3001\u305d\u306e\u4ed6\u306e\u8981\u56e0\u304c\u305d\u308c\u3092\u6b62\u3081\u308b\u6642\u3067\u3042\u308b\u300211\u6708\u306e\u30a2\u30e1\u30ea\u30ab\u5927\u7d71\u9818\u9078\u6319\u304c\u30a4\u30f3\u30d5\u30ec\u7387\u3068\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u306b\u81ea\u5df1\u8a00\u53ca\u4ee5\u5916\u306e\u52d5\u56e0\u3092\u4e0e\u3048\u3001\u3053\u306e\u81ea\u5df1\u8a00\u53ca\u306e\u30c8\u30ec\u30f3\u30c9\u304c\u7d42\u308f\u308b\u306e\u304b\u3069\u3046\u304b\u304c\u554f\u984c\u3068\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/50934\" data-type=\"post\" data-id=\"50934\">\u5927\u7d71\u9818\u9078\u6319\u5f8c\u306e\u30c8\u30e9\u30f3\u30d7\u6c0f\u3001\u30a4\u30f3\u30d5\u30ec\u3092\u8d77\u3053\u3055\u305a\u306b\u682a\u4fa1\u4e0a\u6607\u3092\u5f15\u304d\u8d77\u3053\u3059\u4f59\u5730\u304c\u3042\u308b\u304b\uff1f<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/53227\" data-type=\"post\" data-id=\"53227\">\u30dd\u30fc\u30eb\u30bd\u30f3\u6c0f: \u30c8\u30e9\u30f3\u30d7\u524d\u5927\u7d71\u9818\u304c\u6557\u5317\u306a\u3089\u8ca1\u653f\u8d64\u5b57\u62e1\u5927\u3001\u91d1\u4fa1\u683c\u4e0a\u6607\u3078<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u91d1\u878d\u5e02\u5834\u3067\u306f\u518d\u5e30\u6027\u3092\u7406\u89e3\u3057\u306a\u3051\u308c\u3070\u5c06\u6765\u3092\u4e88\u60f3\u3067\u304d\u306a\u3044\u3002\u7d4c\u6e08\u30c7\u30fc\u30bf\u3092\u898b\u3066\u3082\u3001\u904e\u53bb\u3092\u5206\u6790\u3059\u308b\u3060\u3051\u3067\u7d42\u308f\u3063\u3066\u3057\u307e\u3046\u3002<\/p>\n\n\n\n<p>\u30bd\u30ed\u30b9\u6c0f\u306f\u305d\u306e\u6295\u8cc7\u7406\u8ad6\u3092\u300e<a href=\"https:\/\/amzn.to\/4aeFfZ8\" target=\"_blank\" rel=\"noreferrer noopener\">\u30bd\u30ed\u30b9\u306e\u932c\u91d1\u8853<\/a>\u300f\u306b\u66f8\u3044\u3066\u516c\u958b\u3057\u3066\u3044\u308b\u306e\u3060\u304c\u3001\u305d\u308c\u3092\u8aad\u3080\u4eba\u306f\u5c11\u306a\u3044\u3002\u91d1\u878d\u5e02\u5834\u306b\u512a\u308c\u305f\u9298\u67c4\u304c\u843d\u3061\u3066\u3044\u3066\u3082\u8ab0\u3082\u62fe\u308f\u306a\u3044\u306e\u3068\u540c\u3058\u8a71\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<a href=\"https:\/\/amzn.to\/4aeFfZ8\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/m.media-amazon.com\/images\/I\/41Gf0zCDCPL._SL160_.jpg\"><\/a><br><a href=\"https:\/\/amzn.to\/4aeFfZ8\" target=\"_blank\" rel=\"noreferrer noopener\">\u30bd\u30ed\u30b9\u306e\u932c\u91d1\u8853<\/a>\n","protected":false},"excerpt":{"rendered":"<p>\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u304c2.6%\u307e\u3067\u4e0b\u843d\u3057\u3066\u304a\u308a\u3001Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306f\u5229\u4e0b\u3052\u3092\u958b\u59cb\u3057\u3088\u3046\u3068\u3057\u3066\u3044\u308b\u3002 \u30a4\u30f3\u30d5\u30ec\u306f\u3001\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u3092\u898b\u308c\u3070\u305d\u308c\u307b\u3069\u6e1b\u901f\u3057\u3066\u3044\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u3002\u305d\u308c\u3067\u3082\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u4e0b\u304c\u308a\u7d9a\u3051\u3066\u3044\u308b\u3053\u3068 &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/53492\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u7c73\u56fd\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u4e0b\u843d\u304c\u6b62\u307e\u3089\u306a\u3044\u7406\u7531\u3092\u30bd\u30ed\u30b9\u6c0f\u306e\u518d\u5e30\u7406\u8ad6\u304b\u3089\u8aac\u660e\u3059\u308b<\/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":[187,118,175,57,108,109],"tags":[41,92],"class_list":["post-53492","post","type-post","status-publish","format-standard","hentry","category-energy-resources","category-us-bond-market","category-wheat","category-commodity-markets","category-bond-markets","category-crude-oil","tag-george-soros","tag-the-alchemy-of-finance"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/53492","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=53492"}],"version-history":[{"count":58,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/53492\/revisions"}],"predecessor-version":[{"id":53553,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/53492\/revisions\/53553"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=53492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=53492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=53492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}