{"id":3373,"date":"2025-12-11T19:16:09","date_gmt":"2025-12-11T08:16:09","guid":{"rendered":"https:\/\/www.amillex.com\/?p=3373"},"modified":"2025-12-23T19:25:37","modified_gmt":"2025-12-23T08:25:37","slug":"20251210en","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/ja\/2025\/12\/11\/20251210en\/","title":{"rendered":"\u30a2\u30df\u30ec\u30c3\u30af\u30b9\u306e\u30c7\u30a4\u30ea\u30fc\u30de\u30fc\u30b1\u30c3\u30c8\u30b3\u30e1\u30f3\u30bf\u30ea\u30fc\uff1aFRB\u306f\u4eca\u5e743\u5ea6\u76ee\u306e25bp\u5229\u4e0b\u3052\u3092\u5b9f\u65bd\u3001\u5185\u90e8\u5bfe\u7acb\u306f6\u5e74\u3076\u308a\u306e\u9ad8\u6c34\u6e96\u306b\u3002\u9280\u306f$61\u3092\u8d85\u3048\u3066\u904e\u53bb\u6700\u9ad8\u5024\u3092\u8a18\u9332\u00a0"},"content":{"rendered":"<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<h2 class=\"wp-block-heading\">12\u6708\u306eFOMC\u4f1a\u5408\u306e\u91cd\u8981\u306a\u30dd\u30a4\u30f3\u30c8&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u30d5\u30a7\u30c7\u30e9\u30eb\u30d5\u30a1\u30f3\u30c9\u91d1\u5229\uff1a\u76ee\u6a19\u30ec\u30f3\u30b8\u306f3.75%\uff5e4.00%\u304b\u30893.50%\uff5e3.75%\u306b\u5f15\u304d\u4e0b\u3052\u3089\u308c\u3001\u4eca\u5e743\u56de\u9023\u7d9a\u306e25bp\u5229\u4e0b\u3052\u3068\u306a\u308a\u30012025\u5e74\u306b\u306f\u5408\u8a0875bp\u306e\u5229\u4e0b\u3052\u3068\u306a\u308b\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u30c9\u30c3\u30c8\u30d7\u30ed\u30c3\u30c8\uff1a\u4f9d\u7136\u3068\u3057\u30662026\u5e74\u306b\u306f1\u56de\u306e\u5229\u4e0b\u3052\u306e\u307f\u3092\u793a\u5506\u3057\u3066\u304a\u308a\u3001\u30bf\u30ab\u6d3e\u7684\u306a\u7de9\u548c\u306e\u30e1\u30c3\u30bb\u30fc\u30b8\u3092\u5f37\u5316\u3057\u3001\u6765\u5e74\u306f\u653f\u7b56\u30da\u30fc\u30b9\u304c\u5927\u5e45\u306b\u920d\u5316\u3059\u308b\u3068\u4e88\u60f3\u3055\u308c\u3066\u3044\u307e\u3059\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u5185\u90e8\u5bfe\u7acb\u306e\u6fc0\u5316&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u6295\u7968\u3067\u306f3\u4eba\u306e\u53cd\u5bfe\u7968\u304c\u51fa\u305f\u304c\u3001\u3053\u308c\u306f2019\u5e74\u4ee5\u6765\u6700\u591a\u3060\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u30df\u30e9\u30f3\u7dcf\u88c1\u306f50bp\u306e\u5229\u4e0b\u3052\u306b\u8cdb\u6210\u7968\u3092\u6295\u3058\u305f\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u4e00\u65b9\u3001\u30b0\u30fc\u30eb\u30ba\u30d3\u30fc\u6c0f\u3068\u30b7\u30e5\u30df\u30c3\u30c8\u6c0f\u306f\u5909\u66f4\u3092\u671b\u307e\u306a\u304b\u3063\u305f\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u3053\u308c\u306f\u3001\u30a4\u30f3\u30d5\u30ec\u306e\u6301\u7d9a\u3068\u52b4\u50cd\u5e02\u5834\u30ea\u30b9\u30af\u3092\u3081\u3050\u3063\u3066FOMC\u5185\u3067\u5206\u88c2\u304c\u5e83\u304c\u3063\u3066\u3044\u308b\u3053\u3068\u3092\u6d6e\u304d\u5f6b\u308a\u306b\u3057\u3066\u3044\u308b\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u64cd\u4f5c&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">12\u670812\u65e5\u3088\u308a\u3001FRB\u306f\u5341\u5206\u306a\u6e96\u5099\u91d1\u3092\u7dad\u6301\u3057\u3001\u77ed\u671f\u91d1\u878d\u5e02\u5834\u306e\u6d41\u52d5\u6027\u5727\u529b\u3092\u7de9\u548c\u3059\u308b\u305f\u3081\u306b\u3001$400\u5104\u306e\u77ed\u671f\u56fd\u50b5\u3092\u8cfc\u5165\u3059\u308b\u4e88\u5b9a\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u30b0\u30ed\u30fc\u30d0\u30eb\u30de\u30fc\u30b1\u30c3\u30c8\u30ec\u30d3\u30e5\u30fc \u2013 12\u670810\u65e5&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u8cb4\u91d1\u5c5e\uff1a\u9280\u304c\u53f2\u4e0a\u6700\u9ad8\u5024\u3092\u66f4\u65b0\u3057\u5148\u5c0e\u3001\u91d1\u9280\u6bd4\u4fa1\u306f70\u3092\u4e0b\u56de\u308b&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u30b9\u30dd\u30c3\u30c8\u9280\u306f0.68%\u4e0a\u6607\u3057\u3066$61.05\/\u30aa\u30f3\u30b9\u3068\u306a\u308a\u3001\u5e74\u521d\u6765\u3067\u7d04110%\u4e0a\u6607\u3057\u305f\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u91d1\u306f0.27%\u4e0b\u843d\u3057\u3066$4,196\/\u30aa\u30f3\u30b9\u3068\u306a\u3063\u305f\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u4e3b\u306a\u63a8\u9032\u8981\u56e0:&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u4f9b\u7d66\u4e0d\u8db3: \u4e16\u754c\u306e\u5728\u5eab\u306f\u904e\u53bb 10 \u5e74\u9593\u3067\u6700\u4f4e\u3002\u592a\u967d\u5149\u767a\u96fb\u3068 AI \u30cf\u30fc\u30c9\u30a6\u30a7\u30a2\u306e\u9700\u8981\u306f\u5f15\u304d\u7d9a\u304d\u6025\u5897\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u6295\u6a5f\u7684\u306a\u30d5\u30ed\u30fc: \u5c0f\u58f2\u304a\u3088\u3073\u30ec\u30d0\u30ec\u30c3\u30b8\u53e3\u5ea7\u306f\u3001\u30d6\u30ec\u30a4\u30af\u30a2\u30a6\u30c8\u306b\u5411\u3051\u3066\u7a4d\u6975\u7684\u306b\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u53d6\u3063\u3066\u3044\u307e\u3059\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u70ba\u66ff\u30fb\u50b5\u5238\uff1a\u30c9\u30eb\u306f\u5b89\u5b9a\u3001\u7c73\u56fd\u5229\u56de\u308a\u306f3\u30ab\u6708\u3076\u308a\u306e\u9ad8\u6c34\u6e96\u4ed8\u8fd1\u3067\u63a8\u79fb&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u5e02\u5834\u304c\u5229\u4e0b\u3052\u3092\u304b\u306a\u308a\u524d\u304b\u3089\u7e54\u308a\u8fbc\u3093\u3067\u3044\u305f\u305f\u3081\u3001DXY\u306f99.0\u4ed8\u8fd1\u3067\u6a2a\u3070\u3044\u3068\u306a\u3063\u305f\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u7c7310\u5e74\u50b5\u5229\u56de\u308a\u306f\u3001\u30a4\u30f3\u30d5\u30ec\u306e\u5f37\u786c\u3055\u3078\u306e\u61f8\u5ff5\u3092\u53cd\u6620\u3057\u30664.20%\u3067\u6a2a\u3070\u3044\u3068\u306a\u3063\u3066\u3044\u308b\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">USD\/JPY\u306f\u3001\u65e5\u9280\u306e12\u6708\u306e\u5229\u4e0a\u3052\u671f\u5f85\u304cFRB\u306e\u7de9\u548c\u5727\u529b\u3092\u3044\u304f\u3089\u304b\u76f8\u6bba\u3057\u3001156.70\u307e\u3067\u5c0f\u5e45\u4e0a\u6607\u3057\u305f\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u77f3\u6cb9\u3068\u6697\u53f7\u901a\u8ca8\uff1a\u5730\u653f\u5b66\u3068\u653f\u7b56\u306e\u4e0d\u78ba\u5b9f\u6027\u304c\u7d61\u307f\u5408\u3046&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u539f\u6cb9\uff1a\u30d6\u30ec\u30f3\u30c8\u539f\u6cb9\u306f0.18%\u4e0a\u6607\u3057\u3001$62.05\/\u30d0\u30ec\u30eb\u3002\u30ed\u30b7\u30a2\u3068\u30a6\u30af\u30e9\u30a4\u30ca\u306e\u548c\u5e73\u4ea4\u6e09\u306e\u9032\u5c55\uff08\u30bc\u30ec\u30f3\u30b9\u30ad\u30fc\u5927\u7d71\u9818\u304c\u6bb5\u968e\u7684\u306a\u548c\u5e73\u67a0\u7d44\u307f\u3092\u63d0\u6848\uff09\u306b\u3088\u308a\u3001\u5730\u653f\u5b66\u7684\u306a\u30d7\u30ec\u30df\u30a2\u30e0\u306f\u6291\u5236\u3055\u308c\u305f\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u4eee\u60f3\u901a\u8ca8\uff1a\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306f$92,623\u3067\u6a2a\u3070\u3044\u3002\u30a4\u30fc\u30b5\u30ea\u30a2\u30e0\u306f0.6%\u4e0a\u6607\u3002\u5e02\u5834\u306fFRB\u306e\u653f\u7b56\u8ecc\u9053\u306b\u95a2\u3059\u308b\u3088\u308a\u660e\u78ba\u306a\u6307\u91dd\u3092\u5f85\u3063\u3066\u3044\u308b\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u682a\u5f0f\u5e02\u5834\uff1aFOMC\u306e\u6c7a\u5b9a\u3092\u524d\u306b\u614e\u91cd\u59ff\u52e2\u304c\u5e83\u304c\u308b&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u7c73\u56fd\u682a\u5f0f\u5148\u7269: S&amp;P 500\u3068Nasdaq 100\u306f0.1%\uff5e0.2%\u4e0b\u843d\u3002\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u6295\u8cc7\u5bb6\u306fAI\u95a2\u9023\u306e\u9700\u8981\u306e\u624b\u304c\u304b\u308a\u3092\u6c42\u3081\u3066\u30aa\u30e9\u30af\u30eb\u306e\u6c7a\u7b97\u3092\u5f85\u3063\u3066\u3044\u308b\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u30e8\u30fc\u30ed\u30c3\u30d1\u3068\u30a2\u30b8\u30a2:&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\u306f0.1%\u4e0b\u843d&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u30e6\u30fc\u30ed\u30fb\u30b9\u30c8\u30c3\u30af\u30b950\u306f\u9280\u884c\u3068\u30a8\u30cd\u30eb\u30ae\u30fc\u9298\u67c4\u306e\u5727\u529b\u306b\u3088\u308a0.06%\u4e0b\u843d\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u4eca\u65e5\u6ce8\u76ee\u3059\u3079\u304d\u4e3b\u8981\u30a4\u30d9\u30f3\u30c8&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">FRB\u306e\u8b1b\u6f14\u8005\uff1a\u30b7\u30ab\u30b4\u9023\u9280\u306e\u30b0\u30fc\u30eb\u30ba\u30d3\u30fc\u7dcf\u88c1\u3068\u30af\u30ea\u30fc\u30d6\u30e9\u30f3\u30c9\u9023\u9280\u306e\u30e1\u30b9\u30bf\u30fc\uff08\u30cf\u30eb\u30de\u30c3\u30af\uff1f\uff09\u7dcf\u88c1\u304c\u7d4c\u6e08\u898b\u901a\u3057\u306b\u3064\u3044\u3066\u30b3\u30e1\u30f3\u30c8\u3059\u308b\u4e88\u5b9a\u3002\u5e02\u5834\u306f\u5185\u90e8\u5206\u88c2\u306b\u95a2\u3059\u308b\u5f7c\u3089\u306e\u89e3\u91c8\u3092\u6ce8\u8996\u3059\u308b\u3060\u308d\u3046\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u4e0a\u7530\u65e5\u9280\u7dcf\u88c1\uff1a12\u6708\u306e\u5229\u4e0a\u3052\u898b\u901a\u3057\u304c\u5f37\u307e\u308b\u3068\u4e88\u60f3\u3055\u308c\u3001\u5186\u30ad\u30e3\u30ea\u30fc\u30c8\u30ec\u30fc\u30c9\u306e\u89e3\u6d88\u306b\u3064\u306a\u304c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u30c7\u30fc\u30bf\u30ea\u30ea\u30fc\u30b9:&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u30aa\u30fc\u30b9\u30c8\u30e9\u30ea\u30a211\u6708\u306e\u5931\u696d\u7387\uff08\u5b63\u7bc0\u8abf\u6574\u6e08\u307f\uff09&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u30b9\u30a4\u30b9SNB\u653f\u7b56\u91d1\u5229\uff0812\u670811\u65e5\u73fe\u5728\uff09&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u7c73\u56fd\u306e\u65b0\u898f\u5931\u696d\u4fdd\u967a\u7533\u8acb\u4ef6\u6570\uff0812\u67086\u65e5\u307e\u3067\u306e\u9031\uff09&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u7c73\u56fd\u306e9\u6708\u306e\u8cbf\u6613\u53ce\u652f&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u7c73\u56fd9\u6708\u306e\u5378\u58f2\u58f2\u4e0a\u9ad8\uff08\u524d\u6708\u6bd4\uff09&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u7c73\u56fdEIA\u5929\u7136\u30ac\u30b9\u8caf\u8535\u91cf\uff0812\u67085\u65e5\u307e\u3067\u306e\u9031\uff09&nbsp;<\/h2>\n<\/blockquote>","protected":false},"excerpt":{"rendered":"<p>Key Takeaways from the December FOMC Meeting&nbsp; Federal funds rate: Target range lowered from 3.75%\u20134.00% to 3.50%\u20133.75%, marking the third consecutive 25bp rate cut this year and a total reduction of 75bp in 2025.&nbsp; Dot plot: Still signals only one rate cut in 2026, reinforcing a message of hawkish easing, with a significantly slower policy pace expected next year.&nbsp; Intensifying Internal Disagreements&nbsp; The vote saw three dissents \u2014 the most since 2019.&nbsp; Governor Milan voted for a 50bp cut,&nbsp; while Goolsbee and Schmid preferred no change.&nbsp; This highlights widening divisions within the FOMC over inflation persistence and labor-market risks.&nbsp; Balance Sheet Operations&nbsp; Starting December 12, the Fed will purchase $40 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":3374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[8],"tags":[],"class_list":["post-3373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/posts\/3373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/comments?post=3373"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/posts\/3373\/revisions"}],"predecessor-version":[{"id":3375,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/posts\/3373\/revisions\/3375"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/media\/3374"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/media?parent=3373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/categories?post=3373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/tags?post=3373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}