{"id":2602039,"date":"2025-08-03T12:44:25","date_gmt":"2025-08-03T12:44:25","guid":{"rendered":"https:\/\/www.wacoca.com\/news\/2602039\/"},"modified":"2025-08-03T12:44:25","modified_gmt":"2025-08-03T12:44:25","slug":"%e3%83%89%e3%83%ab%e5%86%86%e7%9b%b8%e5%a0%b4%e6%80%a5%e4%b8%8a%e6%98%87%e3%80%811%e3%83%89%e3%83%ab%ef%bc%9d150%e5%86%86%e5%8f%b0%e5%be%8c%e5%8d%8a%e3%81%ab%e3%80%80%e7%b1%b3%e5%88%a9%e4%b8%8b","status":"publish","type":"post","link":"https:\/\/www.wacoca.com\/news\/2602039\/","title":{"rendered":"\u30c9\u30eb\u5186\u76f8\u5834\u6025\u4e0a\u6607\u30011\u30c9\u30eb\uff1d150\u5186\u53f0\u5f8c\u534a\u306b\u3000\u7c73\u5229\u4e0b\u3052\u671f\u5f85\u304c\u4e00\u6bb5\u3068\u4f4e\u4e0b\u3000\u91ce\u6751\u8b49\u5238\u30fb\u5f8c\u85e4\u7950\u4e8c\u6717 | NOMURA \u30a6\u30a7\u30eb\u30b9\u30bf\u30a4\u30eb \u2013 \u91ce\u6751\u306e\u6295\u8cc7\uff06\u30de\u30cd\u30fc\u30e9\u30a4\u30d5"},"content":{"rendered":"

\n\"\u30c9\u30eb\u5186\u76f8\u5834\u6025\u4e0a\u6607\u30011\u30c9\u30eb\uff1d150\u5186\u53f0\u5f8c\u534a\u306b\u3000\u7c73\u5229\u4e0b\u3052\u671f\u5f85\u304c\u4e00\u6bb5\u3068\u4f4e\u4e0b\u3000\u91ce\u6751\u8b49\u5238\u30fb\u5f8c\u85e4\u7950\u4e8c\u6717\u306e\u30a4\u30e1\u30fc\u30b8\"\/\n<\/p>\n

\u5199\u771f\uff0f\u30bf\u30ca\u30ab\u30e8\u30b7\u30c8\u30e2\uff08\u4eba\u7269\uff09<\/p>\n

\u5916\u56fd\u70ba\u66ff\u5e02\u5834\u3067\u7c73\u30c9\u30eb\u5186\u76f8\u5834\u304c\u6025\u30d4\u30c3\u30c1\u3067\u4e0a\u6607\u3057\u3066\u3044\u307e\u3059\u30028\u67081\u65e5\u306e\u30a2\u30b8\u30a2\u6642\u9593\u3067\u306f\u4e00\u6642\u3001\u7d044\u30f6\u6708\u3076\u308a\u306e\u6c34\u6e96\u307e\u3067\u5186\u5b89\u30fb\u30c9\u30eb\u9ad8\u304c\u9032\u307f\u307e\u3057\u305f\u3002\u7c73\u56fd\u3067\u5229\u4e0b\u3052\u671f\u5f85\u304c\u9060\u306e\u3044\u305f\u3053\u3068\u306a\u3069\u304b\u3089\u30c9\u30eb\u8cb7\u3044\u306e\u52d5\u304d\u304c\u5f37\u307e\u308a\u3001\u5fc3\u7406\u7684\u7bc0\u76ee\u3068\u3057\u3066\u610f\u8b58\u3055\u308c\u3066\u3044\u305f1\u30c9\u30eb\uff1d150\u5186\u3092\u7a81\u7834\u3057\u307e\u3057\u305f\u3002\u305f\u3060\u3057\u3001\u91ce\u6751\u8b49\u5238\u30c1\u30fc\u30d5\u70ba\u66ff\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u306e\u5f8c\u85e4\u7950\u4e8c\u6717\u306f\u300c\u30c9\u30eb\u5b89\u30c8\u30ec\u30f3\u30c9\u304c\u7d42\u308f\u3063\u305f\u308f\u3051\u3067\u306f\u306a\u3044\u300d\u3068\u6307\u6458\u3057\u3001\u4e2d\u9577\u671f\u7684\u306a\u5186\u9ad8\u30fb\u30c9\u30eb\u5b89\u30b7\u30ca\u30ea\u30aa\u3092\u7dad\u6301\u3057\u3066\u3044\u307e\u3059\u3002\u8a73\u3057\u304f\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n

\"\"\/\n <\/p>\n

4\u30f6\u6708\u3076\u308a\u5186\u5b89\u30fb\u30c9\u30eb\u9ad8\u3001FRB\u306e\u5229\u4e0b\u3052\u671f\u5f85\u304c\u5f8c\u9000 <\/p>\n

\u5916\u56fd\u70ba\u66ff\u5e02\u5834\u3067\u30c9\u30eb\u5186\u76f8\u5834\u304c\u5927\u304d\u304f\u4e0a\u6607\u3057\u3001\u4e00\u6642\u306f1\u30c9\u30eb\uff1d150\u518688\u92ad\u8fd1\u8fba\u3068\u30012025\u5e743\u670828\u65e5\u4ee5\u6765\u3001\u7d044\u30f6\u6708\u3076\u308a\u306e\u6c34\u6e96\u3092\u4ed8\u3051\u307e\u3057\u305f\u3002<\/p>\n

\u76f8\u5834\u304c\u4e0a\u6607\u3057\u305f\u6700\u3082\u5927\u304d\u306a\u7406\u7531\u306fFRB\uff08\u7c73\u9023\u90a6\u6e96\u5099\u7406\u4e8b\u4f1a\uff09\u306b\u5bfe\u3059\u308b\u5229\u4e0b\u3052\u671f\u5f85\u306e\u5f8c\u9000\u3067\u3059\u30027\u670830\u65e5\u307e\u3067\u958b\u304b\u308c\u305fFOMC\uff08\u7c73\u9023\u90a6\u516c\u958b\u5e02\u5834\u59d4\u54e1\u4f1a\uff09\u5f8c\u306e\u8a18\u8005\u4f1a\u898b\u3067\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f\u300c\u30a4\u30f3\u30d5\u30ec\u306e\u307b\u3046\u304c\u96c7\u7528\u3088\u308a\u3082\u76ee\u6a19\u304b\u3089\u9060\u3044\u300d\u3068\u3057\u3001\u300c\u91d1\u878d\u653f\u7b56\u306f\u6291\u5236\u7684\u3068\u3059\u3079\u304d\u300d\u3068\u306e\u8a8d\u8b58\u3092\u793a\u3057\u307e\u3057\u305f\u3002\u5229\u4e0b\u3052\u306b\u6d88\u6975\u7684\u306a\u300c\u30bf\u30ab\u6d3e\u300d\u306e\u5370\u8c61\u3092\u4e0e\u3048\u3001\u7c73\u5229\u4e0b\u3052\u306e\u518d\u958b\u304c\u9060\u306e\u304f\u3068\u306e\u898b\u65b9\u304b\u3089\u7c73\u56fd\u50b5\u5238\u5e02\u5834\u3067\u306f\u91d1\u5229\u304c\u4e0a\u6607\u3001\u5916\u56fd\u70ba\u66ff\u5e02\u5834\u3067\u306f\u30c9\u30eb\u304c\u8cb7\u308f\u308c\u5186\u5b89\u30fb\u30c9\u30eb\u9ad8\u304c\u9032\u307f\u307e\u3057\u305f\u3002<\/p>\n

\u65e5\u9280\u306f\u5229\u4e0a\u3052\u3092\u6025\u304c\u305a<\/p>\n

\u4e00\u65b9\u3067\u5186\u3092\u58f2\u308b\u6750\u6599\u3082\u3042\u308a\u307e\u3059\u3002\u65e5\u9280\u306e\u690d\u7530\u548c\u7537\u7dcf\u88c1\u306f7\u670831\u65e5\u307e\u3067\u958b\u3044\u305f\u91d1\u878d\u653f\u7b56\u6c7a\u5b9a\u4f1a\u5408\u5f8c\u306e\u8a18\u8005\u4f1a\u898b\u3067\u3001\u5229\u4e0a\u3052\u3092\u6025\u3050\u59ff\u52e2\u3092\u793a\u3057\u307e\u305b\u3093\u3067\u3057\u305f\u3002\u666f\u6c17\u5148\u884c\u304d\u3092\u614e\u91cd\u306b\u898b\u6975\u3081\u3001\u7d4c\u6e08\u6307\u6a19\u3092\u78ba\u8a8d\u3057\u3064\u3064\u5229\u4e0a\u3052\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u3092\u56f3\u308b\u3068\u307f\u3089\u308c\u307e\u3059\u304c\u3001\u3044\u3063\u305f\u3093\u306f\u76ee\u5148\u306e\u5229\u4e0a\u3052\u89b3\u6e2c\u304c\u9060\u306e\u3044\u305f\u3068\u306e\u898b\u65b9\u304c\u5e83\u304c\u308a\u3001\u30c9\u30eb\u5186\u76f8\u5834\u3092\u4e0b\u652f\u3048\u3057\u305f\u9762\u3082\u3042\u308b\u3067\u3057\u3087\u3046\u3002<\/p>\n

\u5f53\u9762\u306e\u76f8\u5834\u52d5\u5411\u3092\u5de6\u53f3\u3059\u308b\u306e\u306f\u3001\u65e5\u672c\u6642\u95931\u65e5\u591c\u306b\u767a\u8868\u3055\u308c\u308b7\u6708\u306e\u7c73\u96c7\u7528\u7d71\u8a08\u3067\u3059\u3002\u76f4\u8fd1\u767a\u8868\u3055\u308c\u305f\u96c7\u7528\u95a2\u9023\u306e\u7d4c\u6e08\u6307\u6a19\u306f\u5805\u8abf\u3067\u3001\u5e02\u5834\u3067\u306f\u300c\u4e88\u60f3\u3092\u5927\u304d\u304f\u4e0b\u56de\u308b\u3053\u3068\u306f\u306a\u3044\u300d\u3068\u3044\u3046\u697d\u89b3\u7684\u306a\u898b\u65b9\u3082\u51fa\u3066\u3044\u307e\u3059\u3002\u52b4\u50cd\u5e02\u5834\u306e\u5805\u8abf\u3055\u304c\u78ba\u8a8d\u3055\u308c\u308b\u5185\u5bb9\u3068\u306a\u308c\u3070\u30019\u6708\u306eFOMC\u3067\u306e\u5229\u4e0b\u3052\u671f\u5f85\u3082\u5f8c\u9000\u3057\u3001\u30c9\u30eb\u8cb7\u3044\u306e\u52e2\u3044\u304c\u5f37\u307e\u308b\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3002\u30c9\u30eb\u5186\u76f8\u5834\u306f1\u30c9\u30eb\uff1d152\uff5e153\u5186\u3092\u76ee\u6307\u3059\u5c55\u958b\u3082\u5341\u5206\u306b\u3042\u308a\u5f97\u307e\u3059\u3002<\/p>\n

\u4e00\u65b9\u3067\u4e88\u60f3\u3092\u5927\u304d\u304f\u4e0b\u56de\u308b\u306a\u3069\u96c7\u7528\u60c5\u52e2\u306e\u60aa\u5316\u304c\u78ba\u8a8d\u3055\u308c\u308b\u5185\u5bb9\u3068\u306a\u308c\u3070\u3001FRB\u306e\u91d1\u878d\u653f\u7b56\u304c\u5f8c\u624b\u306b\u56de\u308b\u300c\u30d3\u30cf\u30a4\u30f3\u30c9\u30fb\u30b6\u30fb\u30ab\u30fc\u30d6\u300d\u306b\u9665\u308b\u30ea\u30b9\u30af\u3082\u610f\u8b58\u3055\u308c\u308b\u3067\u3057\u3087\u3046\u3002\u305d\u306e\u5834\u5408\u306f\u7c73\u56fd\u682a\u5f0f\u76f8\u5834\u304c\u4e0b\u843d\u3057\u3001\u30c9\u30eb\u8cb7\u3044\u306e\u52e2\u3044\u3082\u524a\u304c\u308c\u308b\u3068\u8003\u3048\u3066\u3044\u307e\u3059\u3002<\/p>\n

\u4e2d\u9577\u671f\u7684\u306b\u306f\u30c9\u30eb\u5b89\u30c8\u30ec\u30f3\u30c9\u306b\u56de\u5e30<\/p>\n

\u305f\u3060\u3057\u3001\u8db3\u5143\u306e\u30c9\u30eb\u9ad8\u306e\u52d5\u304d\u306f\u6301\u7d9a\u305b\u305a\u3001\u4e2d\u9577\u671f\u7684\u306b\u306f\u518d\u3073\u5186\u9ad8\u30fb\u30c9\u30eb\u5b89\u306e\u30c8\u30ec\u30f3\u30c9\u306b\u623b\u308b\u3068\u898b\u3066\u3044\u307e\u3059\u3002\u65e5\u9280\u306f\u91d1\u878d\u653f\u7b56\u6c7a\u5b9a\u4f1a\u5408\u306b\u5408\u308f\u305b\u3066\u516c\u8868\u3057\u305f\u300c\u5c55\u671b\u30ec\u30dd\u30fc\u30c8\u300d\u3067\u3001\u7269\u4fa1\u306e\u898b\u901a\u3057\u3092\u5f15\u304d\u4e0a\u3052\u307e\u3057\u305f\u3002\u91ce\u6751\u8b49\u5238\u3067\u306f2026\u5e741\u6708\u306e\u5229\u4e0a\u3052\u304c\u30e1\u30a4\u30f3\u30b7\u30ca\u30ea\u30aa\u3067\u3059\u304c\u3001\u8db3\u5143\u306e\u72b6\u6cc1\u3092\u8e0f\u307e\u3048\u308b\u30682025\u5e7410\u6708\u306e\u6c7a\u5b9a\u4f1a\u5408\u3067\u5229\u4e0a\u3052\u306b\u8e0f\u307f\u5207\u308b\u53ef\u80fd\u6027\u3082\u3084\u3084\u9ad8\u307e\u3063\u3066\u304a\u308a\u3001\u30c9\u30eb\u5186\u76f8\u5834\u306e\u4e0b\u62bc\u3057\u8981\u56e0\u3068\u306a\u308b\u3067\u3057\u3087\u3046\u3002<\/p>\n

\u307e\u305f\u3001\u7c73\u7d4c\u6e08\u306b\u3064\u3044\u3066\u3082\u5148\u884c\u304d\u4e0d\u900f\u660e\u611f\u304c\u5f37\u307e\u3063\u3066\u3044\u307e\u3059\u3002\u7c73\u7d4c\u6e08\u6307\u6a19\u3092\u3064\u3076\u3055\u306b\u898b\u308b\u3068\u3001\u30c8\u30e9\u30f3\u30d7\u95a2\u7a0e\u306e\u5f71\u97ff\u304c\u5c11\u3057\u305a\u3064\u51fa\u59cb\u3081\u3066\u3044\u308b\u5370\u8c61\u3067\u3059\u30024-6\u6708\u671f\u306e\u7c73GDP\uff08\u56fd\u5185\u7dcf\u751f\u7523\uff09\u3067\u306f\u5bb6\u8a08\u90e8\u9580\u306a\u3069\u3067\u6e1b\u901f\u304c\u307f\u3089\u308c\u3066\u3044\u307e\u3059\u30028\u67081\u65e5\u304b\u3089\u306f\u95a2\u7a0e\u7387\u3082\u5f15\u304d\u4e0a\u3052\u3089\u308c\u3066\u304a\u308a\u3001\u30a4\u30f3\u30d5\u30ec\u306e\u9ad8\u9032\u3092\u53d7\u3051\u3066\u7c73\u56fd\u666f\u6c17\u306e\u4e0b\u62bc\u3057\u5727\u529b\u306f\u5f37\u307e\u308a\u3084\u3059\u3044\u3067\u3057\u3087\u3046\u3002FRB\u304c\u5229\u4e0b\u3052\u65b9\u5411\u3067\u3042\u308b\u306e\u306f\u9593\u9055\u3044\u306a\u304f\u3001\u305d\u3046\u3057\u305f\u70b9\u3092\u8e0f\u307e\u3048\u308b\u3068\u3001\u30c9\u30eb\u5186\u76f8\u5834\u306e\u4e0a\u6607\u30c8\u30ec\u30f3\u30c9\u304c\u4e2d\u9577\u671f\u7684\u306b\u3082\u7d9a\u304f\uff08\u30c9\u30eb\u5b89\u5c40\u9762\u306f\u7d42\u308f\u3063\u305f\uff09\u3068\u8003\u3048\u308b\u306e\u306f\u6642\u671f\u5c1a\u65e9\u3068\u8a00\u3048\u307e\u3059\u3002<\/p>\n

\"\"<\/p>\n

\u91ce\u6751\u8b49\u5238\u3000\u5e02\u5834\u6226\u7565\u30ea\u30b5\u30fc\u30c1\u90e8\u3000\u30c1\u30fc\u30d5\u70ba\u66ff\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8
\u5f8c\u85e4 \u7950\u4e8c\u6717<\/p>\n

\u70ba\u66ff\u76f8\u5834\u306e\u30ea\u30b5\u30fc\u30c1\u30fb\u30b9\u30c8\u30e9\u30c6\u30b8\u30fc\u3092\u62c5\u5f53\u30028\u5e74\u534a\u306b\u6e21\u308b\u30cb\u30e5\u30fc\u30e8\u30fc\u30af\u30fb\u30ed\u30f3\u30c9\u30f3\u99d0\u5728\u6642\u306b\u306f\u6d77\u5916\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u5411\u3051\u3092\u4e2d\u5fc3\u3068\u3057\u305f\u30c9\u30eb\u5186\u30b9\u30c8\u30e9\u30c6\u30b8\u30fc\u3001\u65e5\u7c73\u6b27\u306e\u8cc7\u672c\u30d5\u30ed\u30fc\u5206\u6790\u3001\u65e5\u672c\u53ca\u3073\u6b27\u5dde\u306e\u91d1\u878d\u653f\u7b56\u53ca\u3073\u30de\u30af\u30ed\u5206\u6790\u3092\u62c5\u3046\u30022002\u5e74\u306b\u91ce\u6751\u7dcf\u5408\u7814\u7a76\u6240\u306b\u5165\u793e\u30012004\u5e74\u306b\u91ce\u6751\u8b49\u5238\u3078\u306e\u8ee2\u7c4d\u3092\u7d4c\u3066\u30012011\u5e74\u4ee5\u964d\u306f\u6d77\u5916\u62e0\u70b9\u306b\u3066\u5916\u56fd\u4eba\u6295\u8cc7\u5bb6\u5411\u3051\u306e\u60c5\u5831\u63d0\u4f9b\u3092\u4e2d\u5fc3\u306b\u6d3b\u52d5\u30022019\u5e748\u6708\u3088\u308a\u73fe\u8077\u3002<\/p>\n

\u203b\u672c\u8a18\u4e8b\u306f\u3001\u6295\u8cc7\u5224\u65ad\u306e\u53c2\u8003\u3068\u306a\u308b\u60c5\u5831\u306e\u63d0\u4f9b\u3092\u76ee\u7684\u3068\u3057\u3066\u304a\u308a\u3001\u6295\u8cc7\u52e7\u8a98\u3092\u76ee\u7684\u3068\u3057\u3066\u4f5c\u6210\u3057\u305f\u3082\u306e\u3067\u306f\u3054\u3056\u3044\u307e\u305b\u3093\u3002\u307e\u305f\u3001\u5c06\u6765\u306e\u6295\u8cc7\u6210\u679c\u3092\u793a\u5506\u307e\u305f\u306f\u4fdd\u8a3c\u3059\u308b\u3082\u306e\u3067\u3082\u3054\u3056\u3044\u307e\u305b\u3093\u3002\u9298\u67c4\u306e\u9078\u629e\u3001\u6295\u8cc7\u306e\u6700\u7d42\u6c7a\u5b9a\u306f\u3054\u81ea\u8eab\u306e\u3054\u5224\u65ad\u3067\u884c\u3063\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u5199\u771f\uff0f\u30bf\u30ca\u30ab\u30e8\u30b7\u30c8\u30e2\uff08\u4eba\u7269\uff09 \u5916\u56fd\u70ba\u66ff\u5e02\u5834\u3067\u7c73\u30c9\u30eb\u5186\u76f8\u5834\u304c\u6025\u30d4\u30c3\u30c1\u3067\u4e0a\u6607\u3057\u3066\u3044\u307e\u3059\u30028\u67081\u65e5\u306e\u30a2\u30b8\u30a2\u6642\u9593\u3067\u306f\u4e00\u6642\u3001\u7d044\u30f6\u6708\u3076\u308a\u306e\u6c34\u6e96\u307e\u3067\u5186\u5b89\u30fb\u30c9\u30eb\u9ad8\u304c\u9032\u307f\u307e\u3057\u305f\u3002\u7c73\u56fd\u3067\u5229\u4e0b\u3052\u671f\u5f85\u304c\u9060\u306e\u3044\u305f\u3053\u3068\u306a\u3069\u304b\u3089\u30c9\u30eb\u8cb7\u3044\u306e\u52d5\u304d\u304c\u5f37\u307e<\/p>\n","protected":false},"author":2,"featured_media":2602040,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[785161],"tags":[133793,774892,23370,774893],"class_list":{"0":"post-2602039","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-argentina","8":"tag-argentina","9":"tag-nomura-","10":"tag-23370","11":"tag-774893"},"share_on_mastodon":{"url":"https:\/\/wakoka.com\/@news\/114964902082811819","error":""},"_links":{"self":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/posts\/2602039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/comments?post=2602039"}],"version-history":[{"count":0,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/posts\/2602039\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/media\/2602040"}],"wp:attachment":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/media?parent=2602039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/categories?post=2602039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/tags?post=2602039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}