{"id":45659,"date":"2026-04-24T19:53:09","date_gmt":"2026-04-24T19:53:09","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/45659\/"},"modified":"2026-04-24T19:53:09","modified_gmt":"2026-04-24T19:53:09","slug":"td%e3%82%bb%e3%82%ad%e3%83%a5%e3%83%aa%e3%83%86%e3%82%a3%e3%83%bc%e3%82%ba%e3%81%ae%e3%82%a8%e3%82%b3%e3%83%8e%e3%83%9f%e3%82%b9%e3%83%88%e3%81%af%e3%80%81%e8%8b%b1%e6%8c%87%e6%a8%99%e3%81%8c%e5%ba%95","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/jp-asia\/live-updates\/45659\/","title":{"rendered":"TD\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u30fc\u30ba\u306e\u30a8\u30b3\u30ce\u30df\u30b9\u30c8\u306f\u3001\u82f1\u6307\u6a19\u304c\u5e95\u5805\u3055\u3092\u7dad\u6301\u3059\u308b\u4e2d\u3001\u82f1\u4e2d\u9280\u304c\u653f\u7b56\u91d1\u5229\u30923.75\uff05\u3067\u5168\u4f1a\u4e00\u81f4\u3067\u636e\u3048\u7f6e\u304f\u3068\u4e88\u60f3"},"content":{"rendered":"

TD\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u30fc\u30ba\u306e\u30a8\u30b3\u30ce\u30df\u30b9\u30c8\u306f\u3001\u82f1\u30a4\u30f3\u30b0\u30e9\u30f3\u30c9\u9280\u884c\uff08BOE\uff09\u304c\u653f\u7b56\u91d1\u5229\uff08Bank Rate\u3001\u82f1\u56fd\u306e\u57fa\u6e96\u3068\u306a\u308b\u77ed\u671f\u91d1\u5229\uff09\u30923.75%\u306b\u636e\u3048\u7f6e\u304d\u3001\u63a1\u6c7a\u306f\u5168\u4f1a\u4e00\u81f4\u306b\u306a\u308b\u3068\u307f\u3066\u3044\u308b\u3002\u30a8\u30cd\u30eb\u30ae\u30fc\u4ee5\u5916\u306e\u56fd\u5185\u7269\u4fa1\u306b\u7d1b\u4e89\u304c\u3069\u3046\u6ce2\u53ca\u3059\u308b\u304b\u3092\u898b\u6975\u3081\u308b\u305f\u3081\u3001\u5f53\u9762\u306f\u300c\u69d8\u5b50\u898b\u300d\u59ff\u52e2\uff08wait-and-see\uff09\u3092\u7d9a\u3051\u308b\u898b\u901a\u3057\u3060\u3002<\/p>\n

\u653f\u7b56\u58f0\u660e\u306e\u5909\u66f4\u306f\u9650\u5b9a\u7684\u3067\u3001\u6d88\u8cbb\u8005\u7269\u4fa1\u6307\u6570\uff08CPI\u3001\u4e00\u822c\u5bb6\u5ead\u304c\u8cfc\u5165\u3059\u308b\u30e2\u30ce\u3084\u30b5\u30fc\u30d3\u30b9\u306e\u4fa1\u683c\u306e\u5e73\u5747\u7684\u306a\u52d5\u304d\u3092\u793a\u3059\u6307\u6a19\uff09\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u77ed\u671f\u7684\u306b\u9ad8\u307e\u308b\u53ef\u80fd\u6027\u3092\u793a\u3059\u6587\u8a00\u304c\u76db\u308a\u8fbc\u307e\u308c\u308b\u3068\u4e88\u60f3\u3059\u308b\u3002\u91d1\u878d\u653f\u7b56\u59d4\u54e1\u4f1a\uff08MPC\u3001BOE\u306e\u91d1\u5229\u3092\u6c7a\u3081\u308b\u59d4\u54e1\u4f1a\uff09\u306f\u3001\u4e8c\u6b21\u6ce2\u53ca\uff08\u8cc3\u4e0a\u3052\u3084\u4fa1\u683c\u8ee2\u5ac1\u304c\u9023\u9396\u3057\u3066\u30a4\u30f3\u30d5\u30ec\u304c\u9577\u5f15\u304f\u73fe\u8c61\uff09\u306e\u30ea\u30b9\u30af\u304c\u9ad8\u307e\u3063\u3066\u3044\u308b\u70b9\u306b\u3082\u8a00\u53ca\u3059\u308b\u3068\u307f\u3089\u308c\u308b\u3002<\/p>\n

Policy Outlook And Projections<\/h3>\n

\u30a8\u30b3\u30ce\u30df\u30b9\u30c8\u306f\u3001BOE\u306e\u7d4c\u6e08\u898b\u901a\u3057\uff08\u30d7\u30ed\u30b8\u30a7\u30af\u30b7\u30e7\u30f3\uff09\u30671\u5e74\u76ee\u30682\u5e74\u76ee\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u4e0a\u632f\u308c\u3059\u308b\u3068\u4e88\u60f3\u3059\u308b\u3002\u4e00\u65b9\u3067\u3001\u56fd\u5185\u7dcf\u751f\u7523\uff08GDP\u3001\u56fd\u5168\u4f53\u306e\u4ed8\u52a0\u4fa1\u5024\u306e\u5408\u8a08\u3067\u666f\u6c17\u306e\u5927\u304d\u3055\u3092\u793a\u3059\u6307\u6a19\uff09\u306f\u5f53\u521d\u3084\u3084\u5f37\u3081\u3067\u3082\u3001\u305d\u306e\u5f8c\u306f\u5f31\u307e\u308b\u898b\u901a\u3057\u3060\u3002<\/p>\n

2\u5e74\u76ee\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f2%\u3092\u3084\u3084\u4e0a\u56de\u308a\u3001\u524d\u56de\u898b\u901a\u3057\u306e1.8%\u304b\u3089\u4e0a\u65b9\u4fee\u6b63\u3055\u308c\u308b\u3068\u4e88\u6e2c\u3059\u308b\u3002\u3055\u3089\u306b\u30013\u5e74\u76ee\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u304c2\u6708\u6642\u70b9\u306e\u898b\u901a\u3057\uff082.0%\uff09\u3092\u4e0a\u56de\u308b\u30ea\u30b9\u30af\u3082\u3042\u308b\u3068\u3044\u3046\u3002<\/p>\n

MPC\u306f\u898b\u901a\u3057\u306e\u4e2d\u3067\u3001\u30b7\u30ca\u30ea\u30aa\u5206\u6790\uff08\u524d\u63d0\u3092\u5909\u3048\u305f\u8907\u6570\u306e\u60f3\u5b9a\u3067\u7d4c\u6e08\u306e\u7d50\u679c\u3092\u6bd4\u3079\u308b\u624b\u6cd5\uff09\u3092\u4e00\u6bb5\u3068\u91cd\u8996\u3059\u308b\u3068\u307f\u3089\u308c\u308b\u3002\u60f3\u5b9a\u306e\u4e00\u4f8b\u3068\u3057\u3066\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u4fa1\u683c\u306e\u4e0a\u632f\u308c\u5727\u529b\u304c\u5f37\u307e\u308a\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u9ad8\u304f\u3001GDP\u6210\u9577\u7387\u306f\u5f31\u304f\u306a\u308b\u30b1\u30fc\u30b9\u304c\u6319\u3052\u3089\u308c\u308b\u3002<\/p>\n

Trading Implications For Rates Markets<\/h3>\n

\u6628\u5e74\u61f8\u5ff5\u3055\u308c\u305f\u300c\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u76ee\u6a19\u3092\u4e0a\u56de\u308a\u7d9a\u3051\u308b\u300d\u72b6\u6cc1\u306f\u3001\u305d\u306e\u5f8c\u306e\u5927\u5e45\u306a\u91d1\u878d\u5f15\u304d\u7de0\u3081\uff08\u5229\u4e0a\u3052\u306a\u3069\u3067\u666f\u6c17\u3068\u7269\u4fa1\u3092\u6291\u3048\u308b\u653f\u7b56\uff09\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u6982\u306d\u73fe\u5b9f\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u82f1\u56fd\u5bb6\u7d71\u8a08\u5c40\uff08ONS\uff09\u306e\u6700\u65b0\u30c7\u30fc\u30bf\u3067\u306f\u3001\u82f1\u56fd\u306eCPI\u4e0a\u6607\u7387\u306f2.4%\u3068\u3001\u76ee\u6a19\u306e2%\u3092\u4e0a\u56de\u308b\u6c34\u6e96\u304c\u7d9a\u304f\u3002\u4e00\u65b9\u3001\u666f\u6c17\u306f\u898b\u901a\u3057\u3088\u308a\u5f31\u304f\u3001\u76f4\u8fd12\u56db\u534a\u671f\u306e\u7d4c\u6e08\u6210\u9577\u306f\u307b\u307c\u505c\u6ede\u3057\u3066\u3044\u308b\u3002<\/p>\n

\u3053\u306e\u72b6\u6cc1\u3092\u8e0f\u307e\u3048\u3001\u91d1\u5229\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\uff08\u5c06\u6765\u306e\u91d1\u5229\u3092\u3082\u3068\u306b\u4fa1\u5024\u304c\u6c7a\u307e\u308b\u91d1\u878d\u5546\u54c1\uff09\u5e02\u5834\u3067\u306f\u3001\u91d1\u878d\u7de9\u548c\uff08\u5229\u4e0b\u3052\u306a\u3069\u3067\u666f\u6c17\u3092\u4e0b\u652f\u3048\u3059\u308b\u653f\u7b56\uff09\u306e\u958b\u59cb\u6642\u671f\u3068\u30da\u30fc\u30b9\u306b\u7126\u70b9\u304c\u79fb\u308b\u3002\u6628\u5e74\u306f\u300c\u636e\u3048\u7f6e\u304d\u306e\u9577\u671f\u5316\u300d\u3084\u300c\u8ffd\u52a0\u5229\u4e0a\u3052\u300d\u3092\u7e54\u308a\u8fbc\u3080\u5c40\u9762\u3060\u3063\u305f\u304c\u3001\u8db3\u5143\u306eSONIA\u5148\u7269\uff08\u82f1\u30dd\u30f3\u30c9\u306e\u7121\u62c5\u4fdd\u7fcc\u65e5\u7269\u6307\u6570\u91d1\u5229SONIA\u3092\u53c2\u7167\u3059\u308b\u5148\u7269\uff09\u306f\u3001\u534a\u5e74\u4ee5\u5185\u306bBOE\u304c\u5229\u4e0b\u3052\u306b\u8ee2\u3058\u308b\u53ef\u80fd\u6027\u3092\u793a\u5506\u3057\u3066\u3044\u308b\u3002\u6295\u8cc7\u5224\u65ad\u306e\u4e2d\u5fc3\u306f\u3053\u306e\u8ee2\u63db\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u306b\u3042\u308a\u3001\u30b9\u30ef\u30c3\u30d7\uff08\u91d1\u5229\u306e\u56fa\u5b9a\u3068\u5909\u52d5\u3092\u4ea4\u63db\u3059\u308b\u53d6\u5f15\uff09\u3084\u30aa\u30d7\u30b7\u30e7\u30f3\uff08\u4e00\u5b9a\u6761\u4ef6\u3067\u58f2\u8cb7\u3067\u304d\u308b\u6a29\u5229\uff09\u306f\u3001\u5e74\u5f8c\u534a\u306e\u4e3b\u8981MPC\u4f1a\u5408\u65e5\u7a0b\u3092\u610f\u8b58\u3057\u305f\u8a2d\u8a08\u306b\u306a\u308a\u3084\u3059\u3044\u3002<\/p>\n

\u30b7\u30ca\u30ea\u30aa\u5206\u6790\u306e\u91cd\u8981\u6027\u306f\u5f15\u304d\u7d9a\u304d\u9ad8\u304f\u3001\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\uff08\u4fa1\u683c\u5909\u52d5\u306e\u5927\u304d\u3055\uff09\u3092\u53d6\u5f15\u3059\u308b\u6295\u8cc7\u5bb6\u306b\u6a5f\u4f1a\u3092\u4e0e\u3048\u308b\u3002\u30a4\u30f3\u30d5\u30ec\u306e\u7c98\u7740\u6027\uff08\u4e0b\u304c\u308a\u306b\u304f\u3055\uff09\u3068GDP\u6210\u9577\u306e\u505c\u6ede\u304c\u4f75\u5b58\u3059\u308b\u305f\u3081\u3001\u77ed\u671f\u91d1\u5229\uff08\u77ed\u671f\u91d1\u5229\u5148\u7269\u306b\u9023\u52d5\u3059\u308b\u300c\u30b7\u30e7\u30fc\u30c8\u30fb\u30b9\u30bf\u30fc\u30ea\u30f3\u30b0\u300d\u95a2\u9023\uff09\u30aa\u30d7\u30b7\u30e7\u30f3\u306e\u30a4\u30f3\u30d7\u30e9\u30a4\u30c9\u30fb\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\uff08\u5e02\u5834\u304c\u7e54\u308a\u8fbc\u3080\u5c06\u6765\u306e\u5909\u52d5\u7387\uff09\u306f\u9ad8\u6b62\u307e\u308a\u3057\u3066\u3044\u308b\u3002\u4eca\u5f8c\u6570\u9031\u9593\u306f\u3001\u76f8\u5834\u306e\u65b9\u5411\u3092\u6c7a\u3081\u6253\u3061\u3059\u308b\u3088\u308a\u3001\u3069\u3061\u3089\u306e\u65b9\u5411\u306b\u3082\u5927\u304d\u304f\u52d5\u3044\u305f\u5834\u5408\u306b\u5229\u76ca\u3092\u72d9\u3046\u6226\u7565\u304c\u6709\u5229\u306b\u306a\u308a\u5f97\u308b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u6ce8\u76ee\u306eBOE\u3001\u653f\u7b56\u91d1\u52293.75%\u636e\u3048\u7f6e\u304d\u30fb\u5168\u4f1a\u4e00\u81f4\u4e88\u60f3\u3002\u7d1b\u4e89\u306e\u7269\u4fa1\u6ce2\u53ca\u3092\u898b\u6975\u3081\u69d8\u5b50\u898b\u7d99\u7d9a\u3078\u3002CPI\u4e0a\u632f\u308c\u3068\u4e8c\u6b21\u6ce2\u53ca\u8b66\u6212\u3001\u5229\u4e0b\u3052\u8ee2\u63db\u6642\u671f\u304c\u5e02\u5834\u306e\u7126\u70b9\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-45659","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\/45659","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=45659"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/posts\/45659\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/media?parent=45659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/categories?post=45659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/tags?post=45659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}