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pivot\uff09\u306f\u3053\u306e\u30d1\u30bf\u30fc\u30f3\u306b\u6cbf\u3046\u3082\u306e\u3067\u3001\u65b0\u751fFRB\u304c\u653f\u6cbb\u7684\u5727\u529b\u306b\u5c48\u3057\u306a\u3044\u3053\u3068\u3092\u5e02\u5834\u306b\u793a\u3059\u30b7\u30b0\u30ca\u30eb\u3068\u306a\u308b\u3060\u308d\u3046\u3002\u77ed\u671f\u7684\u306a\u5e02\u5834\u5909\u52d5\u3092\u62db\u3044\u305f\u3068\u3057\u3066\u3082\u3001\u9577\u671f\u7684\u306a\u4fe1\u8a8d\u69cb\u7bc9\u3092\u512a\u5148\u3059\u308b\u52d5\u304d\u3068\u4f4d\u7f6e\u4ed8\u3051\u3089\u308c\u308b\u3002<\/p>\n\n<p>\u30b0\u30ed\u30fc\u30d0\u30eb\u306a\u74b0\u5883\u3082\u3053\u306e\u898b\u65b9\u3092\u5f8c\u62bc\u3057\u3059\u308b\u3002\u6b27\u5dde\u4e2d\u592e\u9280\u884c\uff08ECB\uff09\u304c\u5148\u9031\u3001\u653f\u7b56\u91d1\u5229\u30920.25%\u30dd\u30a4\u30f3\u30c8\u5f15\u304d\u4e0a\u3052\u305f\u5f8c\u3060\u3051\u306b\u3001FRB\u304c\u30cf\u30c8\u6d3e\u7684\u3067\u3042\u308c\u3070\u653f\u7b56\u4e56\u96e2\uff08\u30c0\u30a4\u30d0\u30fc\u30b8\u30a7\u30f3\u30b9\uff09\u3068\u901a\u8ca8\u5b89\u30ea\u30b9\u30af\u3092\u62db\u304d\u304b\u306d\u306a\u3044\u3002\u3057\u305f\u304c\u3063\u3066FOMC\u306f\u3001\u56fd\u969b\u7684\u306a\u540c\u696d\u4ed6\u884c\u306b\u5f8c\u308c\u3092\u53d6\u3063\u3066\u3044\u306a\u3044\u3053\u3068\u3092\u793a\u3059\u30b7\u30b0\u30ca\u30eb\u3092\u767a\u3059\u308b\u516c\u7b97\u304c\u5927\u304d\u3044\u3002<\/p>\n\n\n<p><b>\u4eca\u3059\u3050\u53d6\u5f15\u3092\u59cb\u3081\u307e\u3057\u3087\u3046 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