{"id":48647,"date":"2026-06-11T19:32:17","date_gmt":"2026-06-11T19:32:17","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/48647\/"},"modified":"2026-06-11T19:32:17","modified_gmt":"2026-06-11T19:32:17","slug":"ecb%e3%80%810-25%ef%bc%85%e5%88%a9%e4%b8%8a%e3%81%92%e3%80%80%e3%82%b3%e3%82%a2%e3%82%a4%e3%83%b3%e3%83%95%e3%83%ac%e7%8e%87%e3%81%af2028%e5%b9%b4%e3%81%be%e3%81%a7%e7%9b%ae%e6%a8%99%e4%b8%8a%e5%9b%9e","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/jp-asia\/live-updates\/48647\/","title":{"rendered":"ECB\u30010.25\uff05\u5229\u4e0a\u3052\u3000\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u7387\u306f2028\u5e74\u307e\u3067\u76ee\u6a19\u4e0a\u56de\u308b\u898b\u901a\u3057\u3067\u5f15\u304d\u7de0\u3081\u59ff\u52e2\u7dad\u6301"},"content":{"rendered":"

\u6b27\u5dde\u4e2d\u592e\u9280\u884c\uff08ECB\uff09\u306f\u653f\u7b56\u91d1\u5229\u309225bp\u5f15\u304d\u4e0a\u3052\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u76ee\u6a19\u3092\u4e0a\u56de\u3063\u3066\u63a8\u79fb\u3059\u308b\u306a\u304b\u3001\u8ffd\u52a0\u5229\u4e0a\u3052\u306e\u7528\u610f\u304c\u3042\u308b\u3068\u8868\u660e\u3057\u305f\u3002\u30b9\u30bf\u30c3\u30d5\u4e88\u6e2c\u3067\u306f\u3001\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u7387\u304c2028\u5e74\u307e\u30672\uff05\u3092\u4e0a\u56de\u308a\u7d9a\u3051\u308b\u898b\u901a\u3057\u3067\u3001\u540c\u5e74\u306f2.2\uff05\u3068\u898b\u8fbc\u307e\u308c\u3066\u3044\u308b\u3002\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u4eca\u5e74\u304c2.5\uff05\u30012027\u5e74\u30822.5\uff05\u3068\u4e88\u6e2c\u3055\u308c\u3066\u3044\u308b\u3002\u7dcf\u5408\u30a4\u30f3\u30d5\u30ec\u898b\u901a\u3057\u306f2026\u5e74\u30682027\u5e74\u306e\u53cc\u65b9\u3067\u4e0a\u65b9\u4fee\u6b63\u3055\u308c\u305f\u4e00\u65b9\u3001\u6210\u9577\u7387\u898b\u901a\u3057\u306f3\u6708\u6642\u70b9\u3068\u6bd4\u3079\u3066\u4eca\u5e74\u3068\u6765\u5e74\u304c\u4e0b\u65b9\u4fee\u6b63\u3055\u308c\u305f\u3002<\/p>\n\n

ECB\u306e2028\u5e74\u898b\u901a\u3057\u306b\u7e54\u308a\u8fbc\u307e\u308c\u305f\u5e02\u5834\u306e\u60f3\u5b9a\u306f\u3001\u7d2f\u8a08\u3067\u304a\u3088\u305d3\u56de\u306e\u5229\u4e0a\u3052\u3067\u3042\u308a\u3001\u30a4\u30f3\u30d5\u30ec\u3092\u76ee\u6a19\u3078\u623b\u3059\u306b\u306f3\u56de\u3092\u8d85\u3048\u308b\u5f15\u304d\u7de0\u3081\u304c\u5fc5\u8981\u3068\u306a\u308b\u53ef\u80fd\u6027\u3092\u793a\u5506\u3059\u308b\u3002\u73fe\u884c\u306e\u5e02\u5834\u30d7\u30e9\u30a4\u30b7\u30f3\u30b0\u3067\u306f\u3001\u6b21\u306e25bp\u306e\u4e00\u624b\u304c\u65e9\u3051\u308c\u30707\u6708\u306b\u5b9f\u65bd\u3055\u308c\u308b\u304b\u3069\u3046\u304b\u4e0d\u900f\u660e\u3067\u3001\u4eca\u5f8c\u306e\u7d4c\u6e08\u6307\u6a19\u3084\u4e2d\u6771\u60c5\u52e2\u306e\u5c55\u958b\u306b\u3088\u308a\u671f\u5f85\u306f\u5909\u5316\u3057\u5f97\u308b\u300225bp\u306e\u8ffd\u52a0\u5229\u4e0a\u3052\u30923\u56de\u884c\u3046\u7d4c\u8def\u306a\u3089\u3001ECB\u306e\u9810\u91d1\u30d5\u30a1\u30b7\u30ea\u30c6\u30a3\u91d1\u5229\u306f10\u6708\u4f1a\u5408\u307e\u3067\u306b3\uff05\u306b\u9054\u3059\u308b\u3002<\/p>\n\n

Implications For Market Expectations And ECB Policy Outlook<\/h3>\n\n

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\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\u53d6\u5f15\u306e\u89b3\u70b9\u3067\u306f\u3001\u5e02\u5834\u304c\u5c06\u6765\u306e\u5229\u4e0a\u3052\u4f59\u5730\u3092\u904e\u5c0f\u8a55\u4fa1\u3057\u3066\u3044\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3053\u3068\u3092\u793a\u5506\u3059\u308b\u3002\u5f53\u793e\u306f\u3001\u4eca\u5f8c\u6570\u9031\u9593\u306b\u304b\u3051\u3066\u77ed\u671f\u91d1\u5229\u306e\u4e0a\u632f\u308c\u306b\u5099\u3048\u308b\u30dd\u30b8\u30b7\u30e7\u30cb\u30f3\u30b0\u304c\u59a5\u5f53\u3068\u8003\u3048\u308b\u3002\u4f8b\u3048\u3070\u3001\u30e6\u30fc\u30ed\u30a8\u30ea\u30dc\u30fc\u5148\u7269\u306a\u3069\u3092\u7528\u3044\u3001\u7b2c3\u56db\u534a\u671f\u672b\u307e\u3067\u306b\u9810\u91d1\u91d1\u5229\u304c\u4e00\u6bb5\u3068\u9ad8\u3044\u6c34\u6e96\u306b\u306a\u308b\u5c55\u958b\u306b\u8ced\u3051\u308b\u6226\u7565\u304c\u8003\u3048\u3089\u308c\u308b\u3002<\/p>\n\n

Trading Strategies And Historical Context<\/h3>\n\n

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2022\u301c2023\u5e74\u3092\u632f\u308a\u8fd4\u308b\u3068\u3001\u5e02\u5834\u306f\u7e70\u308a\u8fd4\u3057ECB\u306e\u30a4\u30f3\u30d5\u30ec\u6291\u5236\u3078\u306e\u30b3\u30df\u30c3\u30c8\u30e1\u30f3\u30c8\u3092\u904e\u5c0f\u8a55\u4fa1\u3057\u3066\u304d\u305f\u3002\u5f53\u793e\u306f\u73fe\u5728\u3082\u540c\u69d8\u306e\u30d1\u30bf\u30fc\u30f3\u304c\u73fe\u308c\u3064\u3064\u3042\u308b\u3068\u307f\u3066\u304a\u308a\u3001\u5f53\u5c40\u30b3\u30df\u30e5\u30cb\u30b1\u30fc\u30b7\u30e7\u30f3\u306f\u73fe\u884c\u306e\u5e02\u5834\u30d7\u30e9\u30a4\u30b7\u30f3\u30b0\u3088\u308a\u3082\u30bf\u30ab\u6d3e\u7684\u3060\u3002\u3057\u305f\u304c\u3063\u3066\u3001\u73fe\u6642\u70b9\u304b\u3089\u898b\u308c\u3070\u3001\u30e6\u30fc\u30ed\u570f\u91d1\u5229\u306f\u4e0b\u632f\u308c\u30ea\u30b9\u30af\u3088\u308a\u4e0a\u632f\u308c\u4f59\u5730\u306e\u65b9\u304c\u5927\u304d\u3044\u3068\u8003\u3048\u308b\u3002<\/p>\n\n\n

\u4eca\u3059\u3050\u53d6\u5f15\u3092\u59cb\u3081\u307e\u3057\u3087\u3046 \u2014 VT Markets\u306e\u30ea\u30a2\u30eb\u53e3\u5ea7\u3092\u958b\u8a2d\u3059\u308b\u306b\u306f\u3053\u3061\u3089<\/a>\u3092\u30af\u30ea\u30c3\u30af\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/b><\/p>","protected":false},"excerpt":{"rendered":"

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