{"id":167,"date":"2025-08-07T08:06:58","date_gmt":"2025-08-07T08:06:58","guid":{"rendered":"https:\/\/yui-macrostock.com\/?p=167"},"modified":"2025-08-10T07:34:55","modified_gmt":"2025-08-10T07:34:55","slug":"frb-nichigin-ecb-kabushiki","status":"publish","type":"post","link":"https:\/\/yui-macrostock.com\/?p=167","title":{"rendered":"FRB\u30fb\u65e5\u9280\u30fbECB\u306f\u4f55\u3092\u3057\u3066\u308b\uff1f\u682a\u5f0f\u3068\u306e\u95a2\u4fc2\u3092\u89e3\u8aac"},"content":{"rendered":"\n<p>\u3000\u3000\u3000<\/p>\n\n\n\n<style>\n.note-toc {\n  background: #f0faff;\n  border-left: 5px solid #66c2ff;\n  padding: 16px;\n  font-family: \"Yu Gothic\", sans-serif;\n  margin: 20px 0;\n  font-size: 16px;\n  line-height: 1.6;\n}\n.note-toc a {\n  text-decoration: none;\n  color: #004d66;\n}\n.note-toc a:hover {\n  text-decoration: underline;\n}\n<\/style>\n\n<div class=\"note-toc\">\n  <ul>\n    <li><a href=\"#intro\">\u306f\u3058\u3081\u306b\uff1a\u682a\u4fa1\u306f\u4e2d\u592e\u9280\u884c\u3067\u52d5\u304f\uff1f<\/a><\/li>\n    <li><a href=\"#what-is-cb\">\u4e2d\u592e\u9280\u884c\u3068\u306f\uff1f\u305d\u3057\u3066\u306a\u305c\u91cd\u8981\u306a\u306e\u304b<\/a><\/li>\n    <li><a href=\"#cb-role\">\u4f55\u3092\u3057\u3066\u308b\u306e\uff1f\u4e2d\u592e\u9280\u884c\u306e\u4e3b\u306a\u4ed5\u4e8b<\/a><\/li>\n    <li><a href=\"#flow\">\u682a\u4fa1\u3068\u306e\u95a2\u4fc2\u3092\u56f3\u3067\u7406\u89e3\u3057\u3088\u3046<\/a><\/li>\n    <li><a href=\"#each-cb\">\u305d\u308c\u305e\u308c\u306e\u4e2d\u592e\u9280\u884c\u3068\u682a\u5f0f\u5e02\u5834\u306e\u95a2\u4fc2<\/a><\/li>\n    <li><a href=\"#point\">\u6295\u8cc7\u5bb6\u304c\u898b\u308b\u3079\u304d\u30dd\u30a4\u30f3\u30c8\u306f\uff1f<\/a><\/li>\n    <li><a href=\"#summary\">\u307e\u3068\u3081\uff1a\u4e2d\u592e\u9280\u884c\u3092\u77e5\u308c\u3070\u682a\u5f0f\u5e02\u5834\u304c\u8aad\u3081\u308b\uff01<\/a><\/li>\n  <\/ul>\n<\/div>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<h2 id=\"intro\"><\/h2>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center has-background\" style=\"background-color:#14c3fa85;font-size:clamp(15.197px, 0.95rem + ((1vw - 3.2px) * 0.765), 23px);\">\u306f\u3058\u3081\u306b\uff1a\u682a\u4fa1\u306f\u4e2d\u592e\u9280\u884c\u3067\u52d5\u304f\uff1f<\/h2>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u300cFRB\u304c\u5229\u4e0a\u3052\u3092\u767a\u8868\u300d\u300c\u65e5\u9280\u304c\u91d1\u878d\u653f\u7b56\u3092\u636e\u3048\u7f6e\u304d\u300d\u300cECB\u304c\u30a4\u30f3\u30d5\u30ec\u5bfe\u7b56\u306b\u672c\u8170\u300d\u2014\u2014\u3053\u3093\u306a\u30cb\u30e5\u30fc\u30b9\u3001\u682a\u5f0f\u6295\u8cc7\u3092\u3057\u3066\u3044\u308b\u3068\u3088\u304f\u898b\u304b\u3051\u307e\u3059\u3088\u306d\u3002<\/p>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u3067\u3082\u3001\u305d\u3082\u305d\u3082FRB\u3084\u65e5\u9280\u3001ECB\u3063\u3066\u4f55\u3092\u3057\u3066\u3044\u308b\u306e\uff1f\u305d\u3057\u3066\u3001\u306a\u305c\u682a\u4fa1\u306b\u3053\u3093\u306a\u306b\u5f71\u97ff\u304c\u3042\u308b\u306e\uff1f\u3068\u3044\u3046\u7591\u554f\u3092\u6301\u3064\u65b9\u3082\u591a\u3044\u3067\u3057\u3087\u3046\u3002<\/p>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u3053\u306e\u8a18\u4e8b\u3067\u306f\u3001\u4e16\u754c\u4e09\u5927\u4e2d\u592e\u9280\u884c\u306e\u5f79\u5272\u3068\u3001\u682a\u5f0f\u5e02\u5834\u3078\u306e\u5f71\u97ff\u306b\u3064\u3044\u3066\u3001\u6295\u8cc7\u521d\u5fc3\u8005\u306b\u3082\u308f\u304b\u308a\u3084\u3059\u304f\u89e3\u8aac\u3057\u3066\u3044\u304d\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<h2 id=\"what-is-cb\"><\/h2>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center has-background\" style=\"background-color:#14c3fa85;font-size:clamp(15.197px, 0.95rem + ((1vw - 3.2px) * 0.765), 23px);\">1. \u4e2d\u592e\u9280\u884c\u3068\u306f\uff1f\u305d\u3057\u3066\u306a\u305c\u91cd\u8981\u306a\u306e\u304b<\/h2>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u4e2d\u592e\u9280\u884c\u306f\u3001<strong>\u305d\u306e\u56fd\u30fb\u5730\u57df\u306e\u901a\u8ca8\u3068\u91d1\u878d\u30b7\u30b9\u30c6\u30e0\u3092\u7ba1\u7406\u3059\u308b\u6a5f\u95a2<\/strong>\u3067\u3059\u3002\u6c11\u9593\u9280\u884c\u3068\u306f\u7570\u306a\u308a\u3001\u7269\u4fa1\u306e\u5b89\u5b9a\u3084\u7d4c\u6e08\u306e\u5065\u5168\u306a\u6210\u9577\u3092\u652f\u3048\u308b\u300c\u53f8\u4ee4\u5854\u300d\u306e\u3088\u3046\u306a\u5b58\u5728\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u4e09\u5927\u4e2d\u592e\u9280\u884c\u306e\u5f79\u5272<\/h3>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\"><table class=\"has-fixed-layout\"><thead><tr><th class=\"has-text-align-center\" data-align=\"center\">\u6a5f\u95a2\u540d<\/th><th>\u7ba1\u8f44\u5730\u57df<\/th><th>\u4e3b\u306a\u5f79\u5272<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\">FRB\uff08\u7c73\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u7406\u4e8b\u4f1a\uff09<\/td><td>\u30a2\u30e1\u30ea\u30ab<\/td><td>\u91d1\u5229\u653f\u7b56\u30fb\u91cf\u7684\u7de9\u548c\u30fb\u30c9\u30eb\u306e\u5b89\u5b9a<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">\u65e5\u9280\uff08\u65e5\u672c\u9280\u884c\uff09<\/td><td>\u65e5\u672c<\/td><td>\u7269\u4fa1\u5b89\u5b9a\u30fb\u91d1\u878d\u653f\u7b56\u30fb\u56fd\u50b5\u8cb7\u3044\u5165\u308c<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">ECB\uff08\u6b27\u5dde\u4e2d\u592e\u9280\u884c\uff09<\/td><td>\u30e6\u30fc\u30ed\u570f\uff08EU\u306e\u4e00\u90e8\uff09<\/td><td>\u30a4\u30f3\u30d5\u30ec\u6291\u5236\u30fb\u91d1\u878d\u653f\u7b56\u30fb\u30e6\u30fc\u30ed\u306e\u5b89\u5b9a<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<h2 id=\"cb-role\"><\/h2>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center has-background\" style=\"background-color:#14c3fa85;font-size:clamp(15.197px, 0.95rem + ((1vw - 3.2px) * 0.765), 23px);\">2. \u4f55\u3092\u3057\u3066\u308b\u306e\uff1f\u4e2d\u592e\u9280\u884c\u306e\u4e3b\u306a\u4ed5\u4e8b<\/h2>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u91d1\u5229\u306e\u8abf\u6574<\/h3>\n\n\n\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u4e2d\u592e\u9280\u884c\u306f\u3001\u7d4c\u6e08\u72b6\u6cc1\u306b\u5fdc\u3058\u3066\u300c\u653f\u7b56\u91d1\u5229\u300d\u3092\u4e0a\u4e0b\u3055\u305b\u307e\u3059\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\"><strong>\u666f\u6c17\u304c\u60aa\u3044\u3068\u304d<\/strong>\uff1a\u91d1\u5229\u3092\u4e0b\u3052\u3066\u4f01\u696d\u3084\u500b\u4eba\u306e\u501f\u5165\u3092\u4fc3\u9032\uff08\uff1d\u304a\u91d1\u304c\u56de\u308b\uff09<\/li>\n\n\n\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\"><strong>\u666f\u6c17\u304c\u904e\u71b1\u3057\u3066\u308b\u3068\u304d<\/strong>\uff1a\u91d1\u5229\u3092\u4e0a\u3052\u3066\u904e\u5270\u306a\u6295\u8cc7\u3084\u6d88\u8cbb\u3092\u6291\u3048\u308b\uff08\uff1d\u30a4\u30f3\u30d5\u30ec\u9632\u6b62\uff09\u3000\u3000<\/li>\n<\/ul>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\"><strong>\u653f\u7b56\u91d1\u5229\u306e\u5909\u52d5\u3068\u682a\u4fa1\u306e\u95a2\u4fc2<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u91d1\u5229\u304c\u4e0b\u304c\u308b \u2192 \u682a\u4fa1\u306b\u30d7\u30e9\u30b9\uff08\u4f01\u696d\u5229\u76ca\u304c\u4f38\u3073\u3084\u3059\u304f\u306a\u308b\uff09<\/li>\n\n\n\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u91d1\u5229\u304c\u4e0a\u304c\u308b \u2192 \u682a\u4fa1\u306b\u30de\u30a4\u30ca\u30b9\uff08\u8cc7\u91d1\u304c\u50b5\u5238\u306a\u3069\u306b\u6d41\u308c\u308b\uff09<\/li>\n<\/ul>\n<\/blockquote>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u91cf\u7684\u7de9\u548c\u30fb\u5f15\u304d\u7de0\u3081\uff08QE\/QT\uff09<\/h3>\n\n\n\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u4e2d\u592e\u9280\u884c\u306f\u56fd\u50b5\u306a\u3069\u3092\u8cb7\u3044\u5165\u308c\u308b\u3053\u3068\u3067\u3001\u5e02\u5834\u306b\u304a\u91d1\u3092\u4f9b\u7d66\u3057\u305f\u308a\u3001\u9006\u306b\u5438\u53ce\u3057\u305f\u308a\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\"><strong>\u91cf\u7684\u7de9\u548c\uff08QE\uff09<\/strong>\uff1a\u304a\u91d1\u3092\u5927\u91cf\u306b\u5e02\u5834\u306b\u6d41\u3059 \u2192 \u682a\u4fa1\u306f\u4e0a\u304c\u308a\u3084\u3059\u3044<\/li>\n\n\n\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\"><strong>\u91cf\u7684\u5f15\u304d\u7de0\u3081\uff08QT\uff09<\/strong>\uff1a\u5e02\u5834\u304b\u3089\u304a\u91d1\u3092\u56de\u53ce \u2192 \u682a\u4fa1\u306f\u4e0b\u304c\u308a\u3084\u3059\u3044<\/li>\n<\/ul>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<h2 id=\"flow\"><\/h2>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center has-background\" style=\"background-color:#14c3fa85;font-size:clamp(15.197px, 0.95rem + ((1vw - 3.2px) * 0.765), 23px);\">3. \u682a\u4fa1\u3068\u306e\u95a2\u4fc2\u3092\u56f3\u3067\u7406\u89e3\u3057\u3088\u3046<\/h2>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u3010\u56f31\u3011\u4e2d\u592e\u9280\u884c\u306e\u653f\u7b56\u3068\u682a\u5f0f\u5e02\u5834\u306e\u3064\u306a\u304c\u308a\uff08\u30d5\u30ed\u30fc\u56f3\uff09<\/h3>\n\n\n\n<style>\n.flow-box-mini {\n  background-color: #e0f7fa;\n  border-radius: 10px;\n  padding: 14px 16px;\n  font-family: 'Yu Gothic', sans-serif;\n  font-size: 14.5px;\n  line-height: 1.6;\n  max-width: 500px;\n  margin: 16px auto;\n  box-shadow: 0 1px 4px rgba(0,0,0,0.08);\n  text-align: center;\n  white-space: pre-wrap;\n}\n@media screen and (max-width: 500px) {\n  .flow-box-mini {\n    font-size: 13.5px;\n    padding: 12px;\n  }\n}\n<\/style>\n\n<div class=\"flow-box-mini\">\n\u666f\u6c17\u306e\u60aa\u5316  \n\u2193  \n\u91d1\u5229\u3092\u4e0b\u3052\u308b\uff0f\u56fd\u50b5\u3092\u8cb7\u3046\uff08\u91cf\u7684\u7de9\u548c\uff09  \n\u2193  \n\u5e02\u5834\u306b\u304a\u91d1\u304c\u5897\u3048\u308b  \n\u2193  \n\u4f01\u696d\u306e\u8cc7\u91d1\u8abf\u9054\u304c\u697d\u306b  \n\u2193  \n\u5229\u76ca\u30a2\u30c3\u30d7 \u2192 \u682a\u4fa1\u4e0a\u6607\n<\/div>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u9006\u306b\u3001\u30a4\u30f3\u30d5\u30ec\u304c\u9ad8\u307e\u308b\u3068\u2026<\/p>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<style>\n.flow-box-mini {\n  background-color: #e0f7fa;\n  border-radius: 10px;\n  padding: 14px 16px;\n  font-family: 'Yu Gothic', sans-serif;\n  font-size: 14.5px;\n  line-height: 1.6;\n  max-width: 500px;\n  margin: 16px auto;\n  box-shadow: 0 1px 4px rgba(0,0,0,0.08);\n  text-align: center;\n  white-space: pre-wrap;\n}\n@media screen and (max-width: 500px) {\n  .flow-box-mini {\n    font-size: 13.5px;\n    padding: 12px;\n  }\n}\n<\/style>\n\n<div class=\"flow-box-mini\">\n\u30a4\u30f3\u30d5\u30ec\u7387\u306e\u4e0a\u6607  \n\u2193  \n\u91d1\u5229\u3092\u4e0a\u3052\u308b\uff0f\u56fd\u50b5\u3092\u58f2\u308b\uff08\u91cf\u7684\u5f15\u304d\u7de0\u3081\uff09  \n\u2193  \n\u304a\u91d1\u306e\u6d41\u901a\u304c\u6e1b\u308b  \n\u2193  \n\u4f01\u696d\u306e\u8cc7\u91d1\u8abf\u9054\u304c\u96e3\u3057\u304f\u306a\u308b  \n\u2193  \n\u682a\u4fa1\u4e0b\u843d\n<\/div>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<h2 id=\"each-cb\"><\/h2>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center has-background\" style=\"background-color:#14c3fa85;font-size:clamp(15.197px, 0.95rem + ((1vw - 3.2px) * 0.765), 23px);\">4. \u305d\u308c\u305e\u308c\u306e\u4e2d\u592e\u9280\u884c\u3068\u682a\u5f0f\u5e02\u5834\u306e\u95a2\u4fc2<\/h2>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">FRB\uff08\u30a2\u30e1\u30ea\u30ab\uff09<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u4e16\u754c\u3067\u6700\u3082\u6ce8\u76ee\u3055\u308c\u308b\u4e2d\u592e\u9280\u884c<\/li>\n\n\n\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">FRB\u306e\u91d1\u5229\u653f\u7b56\u306f\u3001<strong>\u7c73\u56fd\u682a\u306e\u307f\u306a\u3089\u305a\u4e16\u754c\u306e\u682a\u4fa1\u306b\u5f71\u97ff<\/strong><\/li>\n\n\n\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">2022\u301c2023\u5e74\u306b\u884c\u308f\u308c\u305f<strong>\u6025\u6fc0\u306a\u5229\u4e0a\u3052<\/strong>\u3067\u3001\u30ca\u30b9\u30c0\u30c3\u30af\u3084S&amp;P500\u306f\u5927\u304d\u304f\u5909\u52d5<\/li>\n<\/ul>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u65e5\u9280\uff08\u65e5\u672c\uff09<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u9577\u3089\u304f\u300c\u30bc\u30ed\u91d1\u5229\u653f\u7b56\u300d\u300c\u30de\u30a4\u30ca\u30b9\u91d1\u5229\u653f\u7b56\u300d\u3092\u7d99\u7d9a<\/li>\n\n\n\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">2024\u5e74\u306b\u7d0417\u5e74\u3076\u308a\u306b\u30de\u30a4\u30ca\u30b9\u91d1\u5229\u3092\u89e3\u9664\u3057\u3001\u91d1\u878d\u653f\u7b56\u306e\u6b63\u5e38\u5316\u3078<\/li>\n\n\n\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u65e5\u9280\u304c\u56fd\u50b5\u3084ETF\u3092\u5927\u91cf\u306b\u4fdd\u6709\u3057\u3066\u304a\u308a\u3001<strong>\u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\u3068\u306e\u95a2\u4fc2\u304c\u6df1\u3044<\/strong><\/li>\n<\/ul>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">ECB\uff08\u30e8\u30fc\u30ed\u30c3\u30d1\uff09<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u30c9\u30a4\u30c4\u3001\u30d5\u30e9\u30f3\u30b9\u306a\u3069\u30e6\u30fc\u30ed\u52a0\u76df\u56fd\u306e\u7d4c\u6e08\u3092\u652f\u3048\u308b\u4e2d\u592e\u9280\u884c<\/li>\n\n\n\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u30e6\u30fc\u30ed\u570f\u306e\u30a4\u30f3\u30d5\u30ec\u6291\u5236\u3092\u6700\u91cd\u8996<\/li>\n\n\n\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u30e8\u30fc\u30ed\u30c3\u30d1\u682a\u3060\u3051\u3067\u306a\u304f\u3001<strong>\u70ba\u66ff\uff08\u30e6\u30fc\u30ed\/\u30c9\u30eb\uff09\u3092\u901a\u3058\u3066\u4e16\u754c\u5e02\u5834\u306b\u3082\u5f71\u97ff<\/strong><\/li>\n<\/ul>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<h2 id=\"point\"><\/h2>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center has-background\" style=\"background-color:#14c3fa85;font-size:clamp(15.197px, 0.95rem + ((1vw - 3.2px) * 0.765), 23px);\">5. \u6295\u8cc7\u5bb6\u304c\u898b\u308b\u3079\u304d\u30dd\u30a4\u30f3\u30c8\u306f\uff1f<\/h2>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u7d4c\u6e08\u6307\u6a19\u30ab\u30ec\u30f3\u30c0\u30fc\u3092\u30c1\u30a7\u30c3\u30af\u3057\u3088\u3046<\/h3>\n\n\n\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u4e2d\u592e\u9280\u884c\u306e\u653f\u7b56\u306f\u3001\u4ee5\u4e0b\u306e\u3088\u3046\u306a\u300c\u7d4c\u6e08\u6307\u6a19\u300d\u3092\u5143\u306b\u6c7a\u307e\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\"><table class=\"has-fixed-layout\"><thead><tr><th class=\"has-text-align-center\" data-align=\"center\">\u6307\u6a19\u540d<\/th><th class=\"has-text-align-center\" data-align=\"center\">\u5185\u5bb9<\/th><th class=\"has-text-align-center\" data-align=\"center\">\u91cd\u8981\u5ea6<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\">\u6d88\u8cbb\u8005\u7269\u4fa1\u6307\u6570\uff08CPI\uff09<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u30a4\u30f3\u30d5\u30ec\u306e\u7a0b\u5ea6<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u2605\u2605\u2605\u2605\u2605<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">\u96c7\u7528\u7d71\u8a08\uff08\u7c73\u30fb\u65e5\u672c\uff09<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u666f\u6c17\u306e\u5f37\u3055\u306e\u6307\u6a19<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u2605\u2605\u2605\u2605\u2606<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">GDP\u6210\u9577\u7387<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u7d4c\u6e08\u5168\u4f53\u306e\u4f38\u3073<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u2605\u2605\u2605\u2605\u2606<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">\u653f\u7b56\u91d1\u5229\u767a\u8868<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u91d1\u878d\u653f\u7b56\u306e\u76f4\u63a5\u5224\u65ad<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u2605\u2605\u2605\u2605\u2605<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">FOMC\u30fb\u91d1\u878d\u653f\u7b56\u6c7a\u5b9a\u4f1a\u5408\u306f\u30c1\u30a7\u30c3\u30af\u5fc5\u9808\uff01<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\"><strong>FRB\uff1aFOMC\uff08\u5e748\u56de\u524d\u5f8c\uff09<\/strong><\/li>\n\n\n\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\"><strong>\u65e5\u9280\uff1a\u91d1\u878d\u653f\u7b56\u6c7a\u5b9a\u4f1a\u5408\uff08\u67081\u301c2\u56de\uff09<\/strong><\/li>\n\n\n\n<li style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\"><strong>ECB\uff1a\u7406\u4e8b\u4f1a\uff086\u9031\u306b1\u56de\uff09<\/strong><\/li>\n<\/ul>\n\n\n\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u6295\u8cc7\u5bb6\u306f\u3001\u3053\u308c\u3089\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u3067\u306e**\u653f\u7b56\u5909\u66f4\u3084\u767a\u8a00\uff08\u30cf\u30c8\u6d3e\uff0f\u30bf\u30ab\u6d3e\uff09\u306b\u654f\u611f\u306b\u53cd\u5fdc\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<h2 id=\"summary\"><\/h2>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center has-background\" style=\"background-color:#14c3fa85;font-size:clamp(15.197px, 0.95rem + ((1vw - 3.2px) * 0.765), 23px);\">\u307e\u3068\u3081\uff1a\u4e2d\u592e\u9280\u884c\u3092\u77e5\u308c\u3070\u682a\u5f0f\u5e02\u5834\u304c\u8aad\u3081\u308b<\/h2>\n\n\n\n<p>     \u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\"><table class=\"has-fixed-layout\"><thead><tr><th class=\"has-text-align-center\" data-align=\"center\">\u4e2d\u592e\u9280\u884c<\/th><th class=\"has-text-align-center\" data-align=\"center\">\u6ce8\u76ee\u70b9<\/th><th class=\"has-text-align-center\" data-align=\"center\">\u682a\u4fa1\u3078\u306e\u5f71\u97ff\u50be\u5411<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\">FRB<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u91d1\u5229\u30fb\u30a4\u30f3\u30d5\u30ec\u30fbFOMC\u767a\u8a00<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u4e16\u754c\u306e\u682a\u5f0f\u306b\u5e83\u304f\u5f71\u97ff<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">\u65e5\u9280<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u91d1\u878d\u7de9\u548c\u30fbETF\u8cb7\u3044\u5165\u308c<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u65e5\u7d4c\u5e73\u5747\u306b\u76f4\u63a5\u7684\u5f71\u97ff<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">ECB<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u30a4\u30f3\u30d5\u30ec\u6291\u5236\u30fb\u30e6\u30fc\u30ed\u570f\u666f\u6c17<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u30e8\u30fc\u30ed\u30c3\u30d1\u682a\u3084\u70ba\u66ff\u7d4c\u7531\u3067\u6ce2\u53ca<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n\n\n\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u4e2d\u592e\u9280\u884c\u306e\u52d5\u304d\u306f\u3001\u77ed\u671f\u30fb\u9577\u671f\u3068\u3082\u306b\u682a\u4fa1\u306b\u5f71\u97ff\u3092\u4e0e\u3048\u307e\u3059\u3002<\/p>\n\n\n\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.196), 16px);\">\u30cb\u30e5\u30fc\u30b9\u3067\u300c\u5229\u4e0a\u3052\u300d\u300c\u636e\u3048\u7f6e\u304d\u300d\u306a\u3069\u3092\u898b\u304b\u3051\u305f\u3089\u3001\u300c\u305d\u308c\u304c\u682a\u306b\u3069\u3046\u5f71\u97ff\u3059\u308b\u304b\u300d\u3092\u8003\u3048\u308b\u7656\u3092\u3064\u3051\u308b\u3068\u3001\u6295\u8cc7\u5224\u65ad\u306e\u30d2\u30f3\u30c8\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u3000\u3000\u3000 \u306f\u3058\u3081\u306b\uff1a\u682a\u4fa1\u306f\u4e2d\u592e\u9280\u884c\u3067\u52d5\u304f\uff1f \u4e2d\u592e\u9280\u884c\u3068\u306f\uff1f\u305d\u3057\u3066\u306a\u305c\u91cd\u8981\u306a\u306e\u304b \u4f55\u3092\u3057\u3066\u308b\u306e\uff1f\u4e2d\u592e\u9280\u884c\u306e\u4e3b\u306a\u4ed5\u4e8b \u682a\u4fa1\u3068\u306e\u95a2\u4fc2\u3092\u56f3\u3067\u7406\u89e3\u3057\u3088\u3046 \u305d\u308c\u305e\u308c\u306e\u4e2d\u592e\u9280\u884c\u3068\u682a\u5f0f\u5e02\u5834\u306e\u95a2\u4fc2 \u6295\u8cc7\u5bb6\u304c\u898b\u308b\u3079\u304d\u30dd\u30a4\u30f3\u30c8\u306f\uff1f \u307e\u3068\u3081\uff1a\u4e2d\u592e [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":181,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"saved_in_kubio":false,"footnotes":""},"categories":[13,28],"tags":[],"class_list":["post-167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-frb-nichigin-ecb-kabushiki","category-28"],"_links":{"self":[{"href":"https:\/\/yui-macrostock.com\/index.php?rest_route=\/wp\/v2\/posts\/167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yui-macrostock.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yui-macrostock.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yui-macrostock.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yui-macrostock.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=167"}],"version-history":[{"count":7,"href":"https:\/\/yui-macrostock.com\/index.php?rest_route=\/wp\/v2\/posts\/167\/revisions"}],"predecessor-version":[{"id":356,"href":"https:\/\/yui-macrostock.com\/index.php?rest_route=\/wp\/v2\/posts\/167\/revisions\/356"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yui-macrostock.com\/index.php?rest_route=\/wp\/v2\/media\/181"}],"wp:attachment":[{"href":"https:\/\/yui-macrostock.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yui-macrostock.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yui-macrostock.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}