{"id":44308,"date":"2026-04-09T16:26:00","date_gmt":"2026-04-09T16:26:00","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/44308\/"},"modified":"2026-04-09T16:26:00","modified_gmt":"2026-04-09T16:26:00","slug":"%e3%82%a6%e3%82%a7%e3%83%ab%e3%82%ba%e3%83%bb%e3%83%95%e3%82%a1%e3%83%bc%e3%82%b4%e3%81%ae%e3%82%a8%e3%82%b3%e3%83%8e%e3%83%9f%e3%82%b9%e3%83%88%e3%80%81%e5%8e%9f%e6%b2%b9%e9%ab%98%e3%81%a8%e3%82%a4","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/jp-asia\/live-updates\/44308\/","title":{"rendered":"\u30a6\u30a7\u30eb\u30ba\u30fb\u30d5\u30a1\u30fc\u30b4\u306e\u30a8\u30b3\u30ce\u30df\u30b9\u30c8\u3001\u539f\u6cb9\u9ad8\u3068\u30a4\u30f3\u30d5\u30ec\u9577\u671f\u5316\u3092\u53d7\u3051FRB\u306e\u5229\u4e0b\u3052\u5148\u9001\u308a\u3092\u4e88\u60f3"},"content":{"rendered":"

\u30a6\u30a7\u30eb\u30ba\u30fb\u30d5\u30a1\u30fc\u30b4\u306e\u30a8\u30b3\u30ce\u30df\u30b9\u30c8\u306f\u3001\u539f\u6cb9\u9ad8\u3068\u3001\u60f3\u5b9a\u4ee5\u4e0a\u306b\u6839\u5f37\u3044\u30a4\u30f3\u30d5\u30ec\u3092\u7406\u7531\u306b\u3001\u7c73\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u7406\u4e8b\u4f1a\uff08FRB\uff09\u304c\u5229\u4e0b\u3052\u958b\u59cb\u3092\u5148\u9001\u308a\u3059\u308b\u3068\u307f\u3066\u3044\u308b\u3002\u3082\u3063\u3068\u3082\u30012026\u5e74\u306b\u5408\u8a080.50\uff05\uff0850\u30d9\u30fc\u30b7\u30b9\u30dd\u30a4\u30f3\u30c8\u3001bps\uff1d\u91d1\u5229\u306e0.01\uff05\uff09\u306e\u5229\u4e0b\u3052\u306f\u7dad\u6301\u3057\u30019\u6708\u306812\u6708\u306b0.25\uff05\u305a\u3064\uff0825bps\uff09\u5b9f\u65bd\u3059\u308b\u3068\u4e88\u60f3\u3059\u308b\u3002<\/p>\n

\u307e\u305f\u3001\u7269\u4fa1\u4e0a\u6607\u7387\u304c\u518d\u3073\u5f37\u307e\u308a\uff08\u30a4\u30f3\u30d5\u30ec\u306e\u518d\u52a0\u901f\uff09\u3001\u4e00\u65b9\u3067\u96c7\u7528\u5e02\u5834\u306e\u6e1b\u901f\u306f\u7de9\u3084\u304b\u306b\u3068\u3069\u307e\u3063\u3066\u3044\u308b\u3068\u3057\u3066\u3001FRB\u306e\u300c\u4e8c\u3064\u306e\u4f7f\u547d\uff08\u30c7\u30e5\u30a2\u30eb\u30fb\u30de\u30f3\u30c7\u30fc\u30c8\uff09\u300d\uff08\u7269\u4fa1\u306e\u5b89\u5b9a\u3068\u6700\u5927\u96c7\u7528\u306e\u4e21\u7acb\uff09\u306e\u4e0b\u3067\u5224\u65ad\u304c\u96e3\u3057\u304f\u306a\u308b\u3068\u6307\u6458\u3002\u96c7\u7528\u306f\u300c\u5b8c\u5168\u96c7\u7528\u300d\uff08\u50cd\u304d\u305f\u3044\u4eba\u304c\u6982\u306d\u4ed5\u4e8b\u3092\u898b\u3064\u3051\u3089\u308c\u308b\u72b6\u614b\uff09\u3092\u3084\u3084\u4e0a\u56de\u308b\u6c34\u6e96\u306b\u3042\u308a\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u4fa1\u683c\u306e\u6025\u9a30\uff08\u30a8\u30cd\u30eb\u30ae\u30fc\u4fa1\u683c\u30b7\u30e7\u30c3\u30af\uff09\u304c\u666f\u6c17\u306e\u4e0b\u632f\u308c\u30ea\u30b9\u30af\u3092\u9ad8\u3081\u308b\u3068\u3082\u8ff0\u3079\u305f\u3002<\/p>\n

Fed Policy Outlook<\/h3>\n

\u91d1\u878d\u653f\u7b56\u304c\u300c\u5f15\u304d\u7de0\u3081\u7684\uff08restrictive\uff09\u300d\u3068\u3055\u308c\u308b\u306e\u306f\u3001\u73fe\u5728\u306e\u30d5\u30a7\u30c7\u30e9\u30eb\u30d5\u30a1\u30f3\u30c9\uff08FF\uff09\u91d1\u5229\uff08\u653f\u7b56\u91d1\u5229\uff09\u304c\u7d043.625\uff05\u3067\u3001FRB\u304c\u793a\u3059\u9577\u671f\u7684\u306a\u4e2d\u7acb\u91d1\u5229\u306e\u898b\u901a\u3057\u3067\u3042\u308bSEP\uff08\u7d4c\u6e08\u898b\u901a\u3057\u3001Summary of Economic Projections\uff09\u306e\u4e2d\u592e\u5024\u304c3.125\uff05\u3092\u4e0b\u56de\u308b\u305f\u3081\u3060\u3002\u30a8\u30cd\u30eb\u30ae\u30fc\u4fa1\u683c\u306e\u4e0a\u6607\u306f\u3001\u98df\u54c1\u30fb\u30a8\u30cd\u30eb\u30ae\u30fc\u3092\u9664\u304f\u300c\u30b3\u30a2\u30fb\u30a4\u30f3\u30d5\u30ec\u300d\uff08\u57fa\u8abf\u7684\u306a\u7269\u4fa1\u4e0a\u6607\u7387\uff09\u306b\u6ce2\u53ca\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u4e00\u65b9\u3001\u95a2\u7a0e\u306e\u5f71\u97ff\u3092\u53d7\u3051\u308b\u8ca1\uff08\u30e2\u30ce\uff09\u306e\u30a4\u30f3\u30d5\u30ec\u920d\u5316\u304c\u76f8\u6bba\u3059\u308b\u5834\u5408\u3082\u3042\u308b\u3068\u3044\u3046\u3002<\/p>\n

\u6b21\u306e\u653f\u7b56\u5909\u66f4\u306f\u5229\u4e0a\u3052\u3067\u306f\u306a\u304f\u5229\u4e0b\u3052\u306e\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u3082\u306e\u306e\u3001\u6642\u671f\u306f\u5f8c\u305a\u308c\u3057\u5f97\u308b\u3068\u3057\u3066\u3044\u308b\u3002\u3053\u306e\u8a18\u4e8b\u306fAI\u30c4\u30fc\u30eb\u3067\u4f5c\u6210\u3055\u308c\u3001\u7de8\u96c6\u8005\u304c\u78ba\u8a8d\u3057\u305f\u3068\u8a18\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n

2025\u5e74\u6642\u70b9\u3067\u306f\u3001\u7c98\u7740\u7684\u306a\u30a4\u30f3\u30d5\u30ec\uff08\u4e0b\u304c\u308a\u306b\u304f\u3044\u7269\u4fa1\uff09\u3068\u30a8\u30cd\u30eb\u30ae\u30fc\u4fa1\u683c\u3092\u80cc\u666f\u306b\u3001FRB\u306f\u300c\u5341\u5206\u306a\u5fcd\u8010\u300d\u3092\u3082\u3063\u3066\u614e\u91cd\u306b\u5bfe\u5fdc\u3059\u308b\u3068\u306e\u898b\u65b9\u3060\u3063\u305f\u30022026\u5e744\u6708\u6642\u70b9\u3067\u306f\u61f8\u5ff5\u304c\u73fe\u5b9f\u5316\u3057\u3001\u7269\u4fa1\u306e\u518d\u52a0\u901f\u304c\u666f\u6c17\u306e\u5927\u304d\u306a\u9006\u98a8\u306b\u306a\u3063\u3066\u3044\u308b\u3002\u7c73WTI\uff08\u30a6\u30a8\u30b9\u30c8\u30fb\u30c6\u30ad\u30b5\u30b9\u7523\u539f\u6cb9\uff09\u5148\u7269\u306f\u8db3\u5143\u30671\u30d0\u30ec\u30eb\uff1d85\u30c9\u30eb\u3092\u4e0a\u56de\u308a\u3001\u4eca\u5f8c\u6570\u30ab\u6708\u306e\u30a4\u30f3\u30d5\u30ec\u898b\u901a\u3057\u3092\u4e00\u6bb5\u3068\u96e3\u3057\u304f\u3057\u3066\u3044\u308b\u3002<\/p>\n

Market Pricing And Rate Cut Timing<\/h3>\n

\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\uff08\u91d1\u878d\u6d3e\u751f\u5546\u54c1\uff09\u53d6\u5f15\u306e\u53c2\u52a0\u8005\u306b\u3068\u3063\u3066\u306f\u3001\u5229\u4e0b\u3052\u307e\u3067\u306e\u60f3\u5b9a\u30b9\u30b1\u30b8\u30e5\u30fc\u30eb\u5168\u4f53\u304c\u300c\u4fa1\u683c\u306b\u7e54\u308a\u8fbc\u307e\u308c\u76f4\u3057\u3066\u3044\u308b\uff08\u30ea\u30d7\u30e9\u30a4\u30b7\u30f3\u30b0\uff09\u300d\u72b6\u6cc1\u3060\u3002\u5e02\u5834\u306f\u521d\u56de\u5229\u4e0b\u3052\u306e\u4e88\u60f3\u6642\u671f\u3092\u5927\u304d\u304f\u5f8c\u308d\u5012\u3057\u3057\u3066\u304a\u308a\u3001FF\u91d1\u5229\u5148\u7269\uff08\u5c06\u6765\u306e\u653f\u7b56\u91d1\u5229\u898b\u901a\u3057\u3092\u53cd\u6620\u3059\u308b\u5148\u7269\uff09\u3067\u306f\u30019\u6708\u4f1a\u5408\u307e\u3067\u306b\u5229\u4e0b\u3052\u304c\u884c\u308f\u308c\u308b\u78ba\u7387\u304c\u6025\u901f\u306b\u4f4e\u4e0b\u3057\u3066\u3044\u308b\u3002\u590f\u5834\u306b\u304b\u3051\u3066\u9ad8\u91d1\u5229\u5727\u529b\u304c\u7d9a\u304d\u3001\u5909\u52d5\u304c\u6025\u306b\u5927\u304d\u304f\u306a\u308b\uff08\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u4e0a\u6607\uff09\u53ef\u80fd\u6027\u306b\u6ce8\u610f\u304c\u5fc5\u8981\u3060\u3068\u3044\u3046\u3002<\/p>\n

\u300c\u6b21\u306f\u5229\u4e0a\u3052\u3088\u308a\u5229\u4e0b\u3052\u300d\u3068\u3044\u3046\u5927\u67a0\u306f\u7dad\u6301\u3055\u308c\u308b\u3082\u306e\u306e\u3001\u958b\u59cb\u6642\u671f\u304c\u6700\u5927\u306e\u7126\u70b9\u306b\u306a\u3063\u3066\u3044\u308b\u3002\u76f4\u8fd1\u306eCPI\uff08\u6d88\u8cbb\u8005\u7269\u4fa1\u6307\u6570\uff09\u306f\u524d\u5e74\u540c\u6708\u6bd43.5\uff05\u3068\u5e02\u5834\u4e88\u60f3\u3092\u4e0a\u56de\u308a\u3001\u30a4\u30f3\u30d5\u30ec\u304c\u307e\u3060\u53ce\u675f\u3057\u3066\u3044\u306a\u3044\u3053\u3068\u3092\u793a\u3057\u305f\u3002\u7d50\u679c\u3068\u3057\u3066\u3001\u91d1\u878d\u7de9\u548c\uff08\u5229\u4e0b\u3052\uff09\u958b\u59cb\u306f\u65e9\u304f\u3066\u308212\u6708\u4f1a\u5408\u3068\u307f\u308b\u3079\u304d\u3067\u3001\u3055\u3089\u306b2027\u5e74\u307e\u3067\u9045\u308c\u308b\u30ea\u30b9\u30af\u3082\u3042\u308b\u3068\u3057\u3066\u3044\u308b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u539f\u6cb9\u9ad8\u3068\u7c98\u7740\u30a4\u30f3\u30d5\u30ec\u3067FRB\u5229\u4e0b\u3052\u958b\u59cb\u306f\u5f8c\u305a\u308c\u3078\u3001\u7126\u70b9\u306f\u958b\u59cb\u6642\u671f\u300226\u5e74\u306f9\u6708\u30fb12\u6708\u306b\u540425bp\u5229\u4e0b\u3052\u7dad\u6301\u3082\u3001CPI\u4e0a\u632f\u308c\u306727\u5e74\u5ef6\u671f\u30ea\u30b9\u30af\u3002\u5e02\u5834\u3082\u518d\u7e54\u308a\u8fbc\u307f\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-44308","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\/44308","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=44308"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/posts\/44308\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/media?parent=44308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/categories?post=44308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/tags?post=44308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}