{"id":44181,"date":"2026-04-08T00:16:41","date_gmt":"2026-04-08T00:16:41","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/44181\/"},"modified":"2026-04-08T00:16:41","modified_gmt":"2026-04-08T00:16:41","slug":"bbh%e3%81%ae%e3%82%a8%e3%83%aa%e3%82%a2%e3%82%b9%e3%83%bb%e3%83%8f%e3%83%80%e3%83%83%e3%83%89%e6%b0%8f%e3%80%81%e4%bb%8a%e9%80%b1%e3%81%af%e3%82%a4%e3%83%b3%e3%83%89%e6%ba%96%e5%82%99%e9%8a%80","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/jp-asia\/live-updates\/44181\/","title":{"rendered":"BBH\u306e\u30a8\u30ea\u30a2\u30b9\u30fb\u30cf\u30c0\u30c3\u30c9\u6c0f\u3001\u4eca\u9031\u306f\u30a4\u30f3\u30c9\u6e96\u5099\u9280\u884c\u30fb\u30dd\u30fc\u30e9\u30f3\u30c9\u4e2d\u9280\u30fb\u30da\u30eb\u30fc\u4e2d\u9280\u30fb\u97d3\u56fd\u9280\u884c\u304c\u653f\u7b56\u91d1\u5229\u3092\u636e\u3048\u7f6e\u304f\u3068\u4e88\u60f3"},"content":{"rendered":"

\u30d6\u30e9\u30a6\u30f3\u30fb\u30d6\u30e9\u30b6\u30fc\u30ba\u30fb\u30cf\u30ea\u30de\u30f3\uff08BBH\uff09\u306f\u3001\u4eca\u9031\u306e\u91d1\u878d\u653f\u7b56\u6c7a\u5b9a\u4f1a\u5408\u30674\u3064\u306e\u4e2d\u592e\u9280\u884c\u304c\u653f\u7b56\u91d1\u5229\u3092\u636e\u3048\u7f6e\u304f\u3068\u898b\u8fbc\u3080\u3002\u5bfe\u8c61\u306f\u3001\u30a4\u30f3\u30c9\u6e96\u5099\u9280\u884c\uff08RBI\uff09\u3001\u30dd\u30fc\u30e9\u30f3\u30c9\u56fd\u7acb\u9280\u884c\uff08NBP\uff09\u3001\u30da\u30eb\u30fc\u4e2d\u592e\u9280\u884c\uff08BCRP\uff09\u3001\u97d3\u56fd\u9280\u884c\uff08BOK\uff09\u3002<\/p>\n

RBI\u306f\u6c34\u66dc\u65e5\u306e\u4f1a\u5408\u3067\u30012\u4f1a\u5408\u9023\u7d9a\u3067\u653f\u7b56\u91d1\u5229\u30925.25%\u306b\u636e\u3048\u7f6e\u304f\u898b\u901a\u3057\u3060\u3002\u5148\u884c\u304d\u306e\u7269\u4fa1\u898b\u901a\u3057\u304c\u5f31\u307e\u3063\u3066\u3044\u308b\u3068\u3057\u3066\u3001\u91d1\u878d\u653f\u7b56\u306e\u59ff\u52e2\uff08\u30b9\u30bf\u30f3\u30b9\uff1a\u666f\u6c17\u30fb\u7269\u4fa1\u306b\u5bfe\u3059\u308b\u91d1\u878d\u653f\u7b56\u306e\u5411\u304d\uff09\u3092\u300c\u4e2d\u7acb\u300d\u304b\u3089\u300c\u5f15\u304d\u7de0\u3081\u5bc4\u308a\uff08restrictive\uff1a\u9700\u8981\u3092\u6291\u3048\u3066\u7269\u4fa1\u4e0a\u6607\u3092\u6291\u3048\u308b\u65b9\u5411\uff09\u300d\u3078\u5909\u66f4\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002<\/p>\n

Central Banks Expected To Hold<\/h3>\n

NBP\u306f\u30013\u67084\u65e5\u306b0.25%\uff0825bp\uff09\u5229\u4e0b\u3052\u3057\u305f\u5f8c\u3001\u6728\u66dc\u65e5\u306b\u653f\u7b56\u91d1\u5229\u30923.75%\u3067\u636e\u3048\u7f6e\u304f\u898b\u901a\u3057\u3002\u5e02\u5834\u3067\u306f\u91d1\u5229\u30b9\u30ef\u30c3\u30d7\uff08\u5c06\u6765\u306e\u91d1\u5229\u3092\u56fa\u5b9a\u30fb\u5909\u52d5\u3067\u4ea4\u63db\u3059\u308b\u53d6\u5f15\u3067\u3001\u5c06\u6765\u306e\u653f\u7b56\u91d1\u5229\u89b3\u3092\u53cd\u6620\u3057\u3084\u3059\u3044\uff09\u3067\u3001\u4eca\u5f8c12\u30ab\u6708\u306b0.60%\u5206\u306e\u5229\u4e0a\u3052\u304c\u7e54\u308a\u8fbc\u307e\u308c\u3066\u3044\u308b\u3002<\/p>\n

\u30da\u30eb\u30fc\u306eBCRP\u306f\u6728\u66dc\u65e5\u30017\u4f1a\u5408\u9023\u7d9a\u30674.25%\u306b\u636e\u3048\u7f6e\u304f\u898b\u901a\u3057\u30023\u6708\u306f\u7dcf\u5408CPI\uff08\u6d88\u8cbb\u8005\u7269\u4fa1\u6307\u6570\uff09\u3068\u30b3\u30a2CPI\uff08\u751f\u9bae\u98df\u54c1\u3084\u30a8\u30cd\u30eb\u30ae\u30fc\u306a\u3069\u5909\u52d5\u304c\u5927\u304d\u3044\u54c1\u76ee\u3092\u9664\u3044\u305f\u7269\u4fa1\u6307\u6a19\uff09\u304c\u3001\u3068\u3082\u306b\u4e2d\u9280\u306e\u76ee\u6a19\u30ec\u30f3\u30b8\uff081\u301c3%\uff09\u3092\u4e0a\u56de\u3063\u305f\u3002<\/p>\n

BOK\u306f\u91d1\u66dc\u65e5\u30017\u4f1a\u5408\u9023\u7d9a\u30672.50%\u306b\u636e\u3048\u7f6e\u304f\u898b\u901a\u3057\u30026\u30ab\u6708\u5148\u307e\u3067\u306e\u91d1\u5229\u898b\u901a\u3057\uff08\u4e2d\u592e\u9280\u884c\u306e\u60f3\u5b9a\u3059\u308b\u5c06\u6765\u306e\u91d1\u5229\u306e\u9053\u7b4b\uff09\u304c\u3001\u6a2a\u3070\u3044\u304b\u3089\u5229\u4e0a\u3052\u3092\u793a\u3059\u5f62\u306b\u5909\u308f\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002<\/p>\n

\u4eca\u9031\u3001RBI\u306f\u30ec\u30dd\u91d1\u5229\uff08\u77ed\u671f\u653f\u7b56\u91d1\u5229\u306e\u4e2d\u5fc3\u3068\u306a\u308b\u6307\u6a19\uff09\u30926.0%\u3067\u636e\u3048\u7f6e\u304f\u898b\u901a\u3057\u3060\u304c\u3001\u30ea\u30b9\u30af\u306f\u4e00\u65b9\u5411\u3067\u306f\u306a\u3044\u30023\u6708\u306eCPI\u304c4.9%\u3078\u518d\u52a0\u901f\u3057\u305f\u3053\u3068\u3092\u53d7\u3051\u3001\u7dcf\u88c1\u767a\u8a00\u304c\u3088\u308a\u30bf\u30ab\u6d3e\uff08\u30a4\u30f3\u30d5\u30ec\u6291\u5236\u3092\u91cd\u8996\u3057\u3001\u5229\u4e0a\u3052\u30fb\u5f15\u304d\u7de0\u3081\u306b\u524d\u5411\u304d\uff09\u5bc4\u308a\u306b\u306a\u308b\u30ea\u30b9\u30af\u304c\u3042\u308b\u3002\u3053\u308c\u306f2025\u5e74\u306b\u3082\u898b\u3089\u308c\u305f\u72b6\u6cc1\u306b\u8fd1\u304f\u3001\u30a4\u30f3\u30d5\u30ec\u898b\u901a\u3057\u306e\u60aa\u5316\u3092\u80cc\u666f\u306b\u3001\u7406\u4e8b\u4f1a\u304c\u300c\u5f15\u304d\u7de0\u3081\u5bc4\u308a\u300d\u3078\u306e\u8ee2\u63db\u3092\u691c\u8a0e\u3057\u305f\u5c40\u9762\u3068\u4f3c\u3066\u3044\u308b\u3002<\/p>\n

Forward Guidance In Focus<\/h3>\n

\u30dd\u30fc\u30e9\u30f3\u30c9\u4e2d\u9280\u306f\u653f\u7b56\u91d1\u5229\u30924.50%\u3067\u636e\u3048\u7f6e\u304f\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u304c\u3001\u7126\u70b9\u306f\u30b0\u30e9\u30d4\u30f3\u30b9\u30ad\u7dcf\u88c1\u306e\u30d5\u30a9\u30ef\u30fc\u30c9\u30ac\u30a4\u30c0\u30f3\u30b9\uff08\u5c06\u6765\u306e\u653f\u7b56\u904b\u55b6\u306e\u65b9\u91dd\u3092\u793a\u3057\u3001\u5e02\u5834\u306e\u4e88\u60f3\u3092\u8a98\u5c0e\u3059\u308b\u60c5\u5831\u767a\u4fe1\uff09\u3060\u3002\u8cc3\u91d1\u4e0a\u6607\u304c\u9ad8\u6b62\u307e\u308a\u3057\u3066\u3044\u308b\u3053\u3068\u304b\u3089\u3001\u91d1\u5229\u30b9\u30ef\u30c3\u30d7\u5e02\u5834\u3067\u306f\u4eca\u5f8c1\u5e74\u30670.50%\u8d85\u306e\u5229\u4e0a\u3052\u304c\u7e54\u308a\u8fbc\u307e\u308c\u3066\u3044\u308b\u3002\u3053\u308c\u306f2025\u5e743\u6708\u306b\u3082\u540c\u69d8\u306b\u3001\u30b9\u30ef\u30c3\u30d7\u306e\u66f2\u7dda\uff08\u6e80\u671f\u3054\u3068\u306e\u91d1\u5229\u6c34\u6e96\u3092\u4e26\u3079\u305f\u3082\u306e\uff09\u306b\u5927\u304d\u306a\u5229\u4e0a\u3052\u304c\u53cd\u6620\u3055\u308c\u3001\u6295\u8cc7\u5bb6\u304c\u6ce8\u610f\u6df1\u304f\u898b\u5b88\u3063\u305f\u69cb\u56f3\u306b\u91cd\u306a\u308b\u3002<\/p>\n

\u30da\u30eb\u30fc\u4e2d\u9280\u306f\u5229\u4e0b\u3052\u5c40\u9762\u3092\u3044\u3063\u305f\u3093\u6b62\u3081\u30012\u4f1a\u5408\u9023\u7d9a\u3067\u653f\u7b56\u91d1\u5229\u30925.00%\u306b\u636e\u3048\u7f6e\u304f\u3068\u898b\u8fbc\u3080\u30023\u6708\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f3.2%\u3068\u306a\u308a\u3001\u76ee\u6a19\u30ec\u30f3\u30b8\uff081\u301c3%\uff09\u3092\u308f\u305a\u304b\u306b\u4e0a\u56de\u3063\u305f\u3002\u30a4\u30f3\u30d5\u30ec\u4e0a\u632f\u308c\u30ea\u30b9\u30af\u304c\u518d\u3073\u610f\u8b58\u3055\u308c\u3066\u3044\u308b\u30022025\u5e74\u306b\u3082\u540c\u7a2e\u306e\u7269\u4fa1\u5727\u529b\u304c\u3042\u308a\u3001\u6700\u7d42\u7684\u306bBCRP\u306f7\u4f1a\u5408\u9023\u7d9a\u306e\u636e\u3048\u7f6e\u304d\u3092\u4f59\u5100\u306a\u304f\u3055\u308c\u305f\u3002<\/p>\n

\u97d3\u56fd\u9280\u884c\u306f\u653f\u7b56\u91d1\u5229\u30923.50%\u3067\u636e\u3048\u7f6e\u304f\u898b\u901a\u3057\u3067\u3001\u3059\u3067\u306b2\u5e74\u4ee5\u4e0a\u3053\u306e\u6c34\u6e96\u3092\u7dad\u6301\u3057\u3066\u3044\u308b\u3002\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u306e\u4e3b\u306a\u30ea\u30b9\u30af\u306f\u3001\u5c06\u6765\u898b\u901a\u3057\u3067\u30bf\u30ab\u6d3e\u5bc4\u308a\u306e\u30b5\u30d7\u30e9\u30a4\u30ba\u304c\u51fa\u308b\u3053\u3068\u3060\u3002\u6700\u8fd1\u3001\u97d3\u56fd\u30a6\u30a9\u30f3\u306f1\u30c9\u30eb\uff1d1400\u30a6\u30a9\u30f3\u3068\u3044\u3046\u5fc3\u7406\u7684\u7bc0\u76ee\uff08\u5e02\u5834\u53c2\u52a0\u8005\u304c\u610f\u8b58\u3057\u3084\u3059\u3044\u6c34\u6e96\uff09\u3092\u8d85\u3048\u3066\u4e0b\u843d\u3057\u3066\u3044\u308b\u3002\u3053\u308c\u306f2025\u5e74\u306b\u76e3\u8996\u3057\u3066\u3044\u305f\u300c\u30bf\u30ab\u6d3e\u3078\u306e\u8ee2\u63db\u300d\u30ea\u30b9\u30af\u3068\u540c\u69d8\u3067\u3001\u7406\u4e8b\u4f1a\u304c\u6a2a\u3070\u3044\u898b\u901a\u3057\u3067\u306f\u306a\u304f\u3001\u5c06\u6765\u306e\u5229\u4e0a\u3052\u3092\u793a\u5506\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u4eca\u9031\u306e\u6ce8\u76ee\u306f\u300c\u636e\u3048\u7f6e\u304d\u300d\u3067\u3082\u6cb9\u65ad\u7981\u7269\u3002BBH\u306fRBI\u30fbNBP\u30fbBCRP\u30fbBOK\u304c\u91d1\u5229\u7dad\u6301\u3068\u4e88\u60f3\u3002\u305f\u3060\u30d5\u30a9\u30ef\u30fc\u30c9\u30ac\u30a4\u30c0\u30f3\u30b9\u6b21\u7b2c\u3067\u30bf\u30ab\u6d3e\u8ee2\u63db\u3001\u5229\u4e0a\u3052\u7e54\u308a\u8fbc\u307f\u518d\u71c3\u3082\u3002\u5e02\u5834\u306f\u8b66\u6212\u3002<\/p>\n","protected":false},"author":116,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[40],"tags":[],"class_list":["post-44181","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/posts\/44181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/users\/116"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/comments?post=44181"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/posts\/44181\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/media?parent=44181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/categories?post=44181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/tags?post=44181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}