{"id":46091,"date":"2026-04-30T16:30:00","date_gmt":"2026-04-30T16:30:00","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/46091\/"},"modified":"2026-04-30T16:30:00","modified_gmt":"2026-04-30T16:30:00","slug":"ing%e3%81%ae%e3%82%b8%e3%82%a7%e3%83%bc%e3%83%a0%e3%82%ba%e3%83%bb%e3%82%b9%e3%83%9f%e3%82%b9%e6%b0%8f%ef%bc%9a%e3%82%a4%e3%83%b3%e3%83%95%e3%83%ac%e7%8e%87%e3%81%8c4%ef%bc%85%e8%b6%85%e3%81%a8","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/jp-asia\/live-updates\/46091\/","title":{"rendered":"ING\u306e\u30b8\u30a7\u30fc\u30e0\u30ba\u30fb\u30b9\u30df\u30b9\u6c0f\uff1a\u30a4\u30f3\u30d5\u30ec\u7387\u304c4\uff05\u8d85\u3068\u306a\u308b\u306a\u304b\u3001\u82f1\u4e2d\u9280\u306f6\u6708\u306b1\u56de\u306e\u5229\u4e0a\u3052\u3092\u884c\u3046\u53ef\u80fd\u6027\u304c\u3042\u308b"},"content":{"rendered":"

\u30a4\u30f3\u30b0\u30e9\u30f3\u30c9\u9280\u884c\uff08BoE\u3001\u82f1\u56fd\u306e\u4e2d\u592e\u9280\u884c\uff09\u306f4\u6708\u3001\u653f\u7b56\u91d1\u5229\uff08\u30d9\u30fc\u30b9\u30ec\u30fc\u30c8\u3001\u9280\u884c\u9593\u306e\u77ed\u671f\u91d1\u5229\u306e\u57fa\u6e96\u3068\u306a\u308b\u91d1\u5229\uff09\u30923.75%\u3067\u636e\u3048\u7f6e\u3044\u305f\u3002\u5224\u65ad\u306e\u80cc\u666f\u306b\u306f\u3001\u4e2d\u6771\u60c5\u52e2\u306e\u7dca\u5f35\u304c\u7d9a\u304d\u3001\u5e02\u5834\u306e\u91d1\u878d\u653f\u7b56\u898b\u901a\u3057\uff08\u5c06\u6765\u306e\u5229\u4e0a\u3052\u30fb\u5229\u4e0b\u3052\u4e88\u60f3\uff09\u306b\u5f71\u97ff\u3057\u3066\u3044\u308b\u3053\u3068\u304c\u3042\u308b\u3002<\/p>\n

ING\u306f\u5f93\u6765\u300c\u5e74\u5185\u636e\u3048\u7f6e\u304d\u300d\u3092\u60f3\u5b9a\u3057\u3066\u3044\u305f\u304c\u30016\u6708\u306b1\u56de\u306e\u5229\u4e0a\u3052\u3092\u4e88\u60f3\u3059\u308b\u30026\u6708\u5229\u4e0a\u3052\u306f\u57fa\u672c\u30b7\u30ca\u30ea\u30aa\uff08\u6700\u3082\u8d77\u3053\u308a\u3084\u3059\u3044\u60f3\u5b9a\uff09\u3068\u3055\u308c\u308b\u4e00\u65b9\u3001\u78ba\u5b9f\u3067\u306f\u306a\u3044\u3002<\/p>\n

Market Pricing And Policy Signaling<\/h3>\n

\u30a2\u30f3\u30c9\u30ea\u30e5\u30fc\u30fb\u30d9\u30a4\u30ea\u30fc\u7dcf\u88c1\u306f\u3001\u5e02\u5834\u304c\u5229\u4e0a\u3052\u3092\u7e54\u308a\u8fbc\u307f\u3059\u304e\u3066\u3044\u308b\uff08\u50b5\u5238\u3084\u91d1\u5229\u5148\u7269\u306e\u4fa1\u683c\u306b\u3001\u5c06\u6765\u306e\u5229\u4e0a\u3052\u304c\u904e\u5ea6\u306b\u53cd\u6620\u3055\u308c\u3066\u3044\u308b\uff09\u3068\u306e\u898b\u65b9\u3092\u793a\u3057\u305f\u3002\u3055\u3089\u306b\u3001\u6226\u4e89\u304c\u306a\u3051\u308c\u3070\u5229\u4e0b\u3052\u306b\u306a\u308a\u5f97\u305f\u5c40\u9762\u3067\u636e\u3048\u7f6e\u3044\u305f\u3053\u3068\u81ea\u4f53\u304c\u3001\u91d1\u878d\u5f15\u304d\u7de0\u3081\uff08\u666f\u6c17\u3068\u7269\u4fa1\u3092\u51b7\u307e\u3059\u65b9\u5411\u306e\u653f\u7b56\uff09\u3060\u3068\u8aac\u660e\u3057\u305f\u3002<\/p>\n

ING\u306f\u3001\u82f1\u56fd\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u4eca\u5e744%\u3092\u3084\u3084\u4e0a\u56de\u308b\u6c34\u6e96\u3067\u30d4\u30fc\u30af\u3092\u8fce\u3048\u308b\u3068\u307f\u308b\u3002\u306a\u304a\u30012022\u5e74\u306e\u3088\u3046\u306a\u9577\u671f\u5316\u3059\u308b\u6025\u9a30\uff08\u9ad8\u30a4\u30f3\u30d5\u30ec\u304c\u9577\u304f\u7d9a\u304f\u72b6\u614b\uff09\u306b\u306f\u306a\u3089\u306a\u3044\u3068\u4e88\u60f3\u3057\u3066\u3044\u308b\u3002<\/p>\n

2025\u5e744\u6708\u6642\u70b9\u306e\u5206\u6790\u3067\u306f\u3001BoE\u306f3.75%\u304b\u3089\u306e\u300c\u614e\u91cd\u306a\u8ee2\u63db\u300d\u3092\u793a\u5506\u3057\u3066\u3044\u305f\u3002\u8ad6\u70b9\u306f\u3001\u4e2d\u6771\u60c5\u52e2\u306e\u5f71\u97ff\u3092\u53d7\u3051\u3064\u3064\u30016\u6708\u306b1\u56de\u306e\u5229\u4e0a\u3052\u3067\u30a4\u30f3\u30d5\u30ec\u6291\u5236\u306b\u5341\u5206\u304b\u3069\u3046\u304b\u3067\u3042\u308a\u3001\u91d1\u5229\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\uff08\u5c06\u6765\u306e\u91d1\u5229\u3092\u3082\u3068\u306b\u640d\u76ca\u304c\u6c7a\u307e\u308b\u91d1\u878d\u5546\u54c1\uff09\u5e02\u5834\u3067\u306f\u4e0d\u900f\u660e\u611f\u304c\u5f37\u307e\u3063\u3066\u3044\u305f\u3002<\/p>\n

\u305d\u306e\u5f8c\u3001\u4e88\u60f3\u3055\u308c\u305f2025\u5e746\u6708\u306e\u5229\u4e0a\u3052\u306f\u5b9f\u65bd\u3055\u308c\u305f\u304c\u3001\u5e02\u5834\u304c\u898b\u8fbc\u3093\u3067\u3044\u305f\u8ffd\u52a0\u5229\u4e0a\u3052\u306f\u5b9f\u73fe\u3057\u306a\u304b\u3063\u305f\u3002\u30a4\u30f3\u30d5\u30ec\u7387\u306f2025\u5e74\u534a\u3070\u306b\u7d044.2%\u3067\u30d4\u30fc\u30af\u3092\u4ed8\u3051\u3001\u7de9\u3084\u304b\u306b\u4f4e\u4e0b\u306b\u5411\u304b\u3063\u305f\u3002\u3053\u308c\u306f\u3001BoE\u304c\u300c2022\u5e74\u307b\u3069\u7c98\u7740\u7684\uff08\u4e0b\u304c\u308a\u306b\u304f\u3044\uff09\u3067\u306f\u306a\u3044\u300d\u3068\u307f\u3066\u3044\u305f\u898b\u7acb\u3066\u3068\u6574\u5408\u7684\u3060\u3063\u305f\u3002\u4f9b\u7d66\u5074\u30b7\u30e7\u30c3\u30af\uff08\u30a8\u30cd\u30eb\u30ae\u30fc\u3084\u7269\u6d41\u306a\u3069\u3001\u4f9b\u7d66\u5236\u7d04\u306b\u3088\u308b\u7269\u4fa1\u62bc\u3057\u4e0a\u3052\uff09\u306e\u5c40\u9762\u3067\u306f\u3001\u5e02\u5834\u304cBoE\u306e\u30bf\u30ab\u6d3e\u59ff\u52e2\uff08\u5229\u4e0a\u3052\u306b\u7a4d\u6975\u7684\u306a\u59ff\u52e2\uff09\u3092\u904e\u5927\u8a55\u4fa1\u3057\u3084\u3059\u3044\u3053\u3068\u304c\u793a\u3055\u308c\u305f\u3002<\/p>\n

Trading Implications For 2026<\/h3>\n

\u73fe\u5728\uff082026\u5e744\u670830\u65e5\uff09\u3001\u653f\u7b56\u91d1\u5229\u306f4.0%\u3067\u3001\u5e02\u5834\u306f\u5e74\u5185\u306b\u5c11\u306a\u304f\u3068\u3082\u8ffd\u52a02\u56de\u306e\u5229\u4e0a\u3052\u3092\u7e54\u308a\u8fbc\u3093\u3067\u3044\u308b\u3002\u6700\u65b0\u306eONS\uff08\u82f1\u56fd\u56fd\u5bb6\u7d71\u8a08\u5c40\uff09\u30c7\u30fc\u30bf\u3067\u306f\u3001\u7dcf\u5408CPI\uff08\u6d88\u8cbb\u8005\u7269\u4fa1\u6307\u6570\u306e\u7dcf\u5408\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u3084\u98df\u54c1\u3092\u542b\u3080\u6307\u6a19\uff09\u304c3.8%\u3068\u4e0b\u304c\u308a\u306b\u304f\u3044\u3002BoE\u3078\u306e\u5727\u529b\u306f\u660e\u78ba\u3060\u304c\u3001\u6628\u5e74\u306e\u7d4c\u7def\u3092\u8e0f\u307e\u3048\u308b\u3068\u3001\u5e02\u5834\u306e\u5f37\u6c17\u306a\u7e54\u308a\u8fbc\u307f\u306b\u306f\u614e\u91cd\u3067\u3042\u308b\u3079\u304d\u3060\u3002<\/p>\n

\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\u53d6\u5f15\u53c2\u52a0\u8005\u306f\u3001BoE\u304c\u30bf\u30ab\u6d3e\u671f\u5f85\u3092\u4e0b\u56de\u308b\uff08\u5e02\u5834\u304c\u898b\u8fbc\u3080\u307b\u3069\u5229\u4e0a\u3052\u3057\u306a\u3044\uff09\u5c55\u958b\u3092\u60f3\u5b9a\u3057\u305f\u69cb\u3048\u3082\u691c\u8a0e\u3057\u305f\u3044\u3002\u4f8b\u3048\u3070\u3001SONIA\u5148\u7269\uff08\u82f1\u30dd\u30f3\u30c9\u306e\u7fcc\u65e5\u7269\u5e73\u5747\u91d1\u5229SONIA\u3092\u30d9\u30fc\u30b9\u306b\u3057\u305f\u91d1\u5229\u5148\u7269\uff09\u306e\u30a2\u30a6\u30c8\u30fb\u30aa\u30d6\u30fb\u30b6\u30fb\u30de\u30cd\u30fc\u306e\u30b3\u30fc\u30eb\u30aa\u30d7\u30b7\u30e7\u30f3\uff08\u73fe\u6642\u70b9\u3067\u306f\u884c\u4f7f\u3057\u3066\u3082\u5f97\u306b\u306a\u308a\u306b\u304f\u3044\u300c\u8cb7\u3046\u6a29\u5229\u300d\uff09\u3092\u58f2\u308b\u6226\u7565\u304c\u3042\u308b\u3002\u3053\u308c\u306f\u3001\u653f\u7b56\u91d1\u5229\u304c\u5e02\u5834\u306e\u60f3\u5b9a\u307b\u3069\u4e0a\u304c\u3089\u306a\u3051\u308c\u3070\u5229\u76ca\u304c\u51fa\u3084\u3059\u3044\u3002\u5b9f\u8cea\u7684\u306b\u3001\u3053\u306e\u5c40\u9762\u306e\u5230\u9054\u91d1\u5229\uff08\u30bf\u30fc\u30df\u30ca\u30eb\u30ec\u30fc\u30c8\u3001\u4eca\u56de\u306e\u5229\u4e0a\u3052\u5c40\u9762\u3067\u6700\u7d42\u7684\u306b\u5230\u9054\u3059\u308b\u4e0a\u9650\u306e\u91d1\u5229\uff09\u304c\u3001\u5148\u7269\u30ab\u30fc\u30d6\uff08\u5c06\u6765\u306e\u91d1\u5229\u6c34\u6e96\u3092\u4e26\u3079\u305f\u66f2\u7dda\uff09\u304c\u793a\u3059\u307b\u3069\u9ad8\u304f\u306a\u3044\u3053\u3068\u306b\u8ced\u3051\u308b\u53d6\u5f15\u3068\u306a\u308b\u3002<\/p>\n

\u3082\u30461\u3064\u306f\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\uff08\u4fa1\u683c\u5909\u52d5\u306e\u5927\u304d\u3055\uff09\u306b\u6ce8\u76ee\u3059\u308b\u65b9\u6cd5\u3060\u3002\u5e02\u5834\u306e\u4e0d\u5b89\u304c\u9ad8\u307e\u3063\u305f\u5f8c\u306b\u4e2d\u9280\u304c\u614e\u91cd\u59ff\u52e2\u3092\u7d9a\u3051\u308b\u6d41\u308c\u304c\u7e70\u308a\u8fd4\u3055\u308c\u308b\u306a\u3089\u3001\u77ed\u671f\u91d1\u5229\u30aa\u30d7\u30b7\u30e7\u30f3\u306e\u30a4\u30f3\u30d7\u30e9\u30a4\u30c9\u30fb\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\uff08\u5e02\u5834\u4fa1\u683c\u304b\u3089\u9006\u7b97\u3055\u308c\u308b\u5c06\u6765\u306e\u5909\u52d5\u898b\u901a\u3057\uff09\u304c\u9ad8\u3059\u304e\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002\u77ed\u671f\u91d1\u5229\u5148\u7269\u3067\u30b9\u30c8\u30e9\u30f3\u30b0\u30eb\u58f2\u308a\uff08\u30b3\u30fc\u30eb\u3068\u30d7\u30c3\u30c8\u306e\u4e21\u65b9\u3092\u58f2\u308a\u3001\u76f8\u5834\u304c\u5927\u304d\u304f\u52d5\u304b\u306a\u3051\u308c\u3070\u53ce\u76ca\u5316\u3057\u3084\u3059\u3044\u6226\u7565\uff09\u3092\u884c\u3044\u3001\u590f\u5834\u306b\u304b\u3051\u3066\u636e\u3048\u7f6e\u304d\u3068\u306a\u3063\u3066\u5e02\u5834\u306e\u8b66\u6212\u304c\u5f8c\u9000\u3059\u308b\u5834\u9762\u3092\u72d9\u3046\u8003\u3048\u65b9\u3060\u3002<\/p>\n

\u52a0\u3048\u3066\u8cc3\u91d1\u30c7\u30fc\u30bf\u306b\u3082\u6ce8\u610f\u304c\u5fc5\u8981\u3060\u3002\u524d\u5e74\u6bd4\u306e\u8cc3\u91d1\u4e0a\u6607\u7387\u306f\u306a\u304a5.5%\u3068\u9ad8\u6b62\u307e\u308a\u3057\u3066\u304a\u308a\u3001BoE\u306e\u653f\u7b56\u59d4\u54e1\u306b\u3068\u3063\u3066\u91cd\u8981\u306a\u61f8\u5ff5\u6750\u6599\u3068\u306a\u308b\u3002\u8cc3\u91d1\u306e\u4e0b\u304c\u308a\u306b\u304f\u3055\u304c\u3001\u5229\u4e0a\u3052\u89b3\u6e2c\u3092\u652f\u3048\u3066\u3044\u308b\u3002\u305f\u3060\u3057\u30012025\u5e74\u306e\u6d41\u308c\u3092\u8e0f\u307e\u3048\u308b\u3068\u3001BoE\u306f\u77ed\u671f\u306e\u6750\u6599\u306b\u632f\u308a\u56de\u3055\u308c\u305a\u3001\u6df1\u523b\u306a\u666f\u6c17\u5f8c\u9000\uff08\u30ea\u30bb\u30c3\u30b7\u30e7\u30f3\uff09\u3092\u62db\u304b\u306a\u3044\u7bc4\u56f2\u3067\u9700\u8981\u3092\u51b7\u307e\u3059\u3053\u3068\uff08\u6d88\u8cbb\u3084\u6295\u8cc7\u306e\u904e\u71b1\u3092\u6291\u3048\u308b\u3053\u3068\uff09\u3092\u91cd\u8996\u3059\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u6ce2\u4e71\u306e\u82f1\u91d1\u5229\u3001\u7e54\u308a\u8fbc\u307f\u904e\u304e\u8b66\u6212\u3002BoE\u306f\u4e2d\u6771\u30ea\u30b9\u30af\u30673.75%\u636e\u3048\u7f6e\u304d\u5f8c\u300125\u5e746\u6708\u306b1\u56de\u5229\u4e0a\u3052\u3082\u8ffd\u52a0\u306a\u3057\u300226\u5e744.0%\u3001\u5e02\u5834\u306e\u5e74\u51852\u56de\u5229\u4e0a\u3052\u89b3\u6e2c\u306b\u614e\u91cd\u3001\u30aa\u30d7\u30b7\u30e7\u30f3\u58f2\u308a\u5999\u5473\u3002\u8cc3\u91d1\u9ad8\u6b62\u307e\u308a\u3082\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-46091","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\/46091","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=46091"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/posts\/46091\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/media?parent=46091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/categories?post=46091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/tags?post=46091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}