{"id":17095,"date":"2025-06-29T17:40:10","date_gmt":"2025-06-29T17:40:10","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%b6%88%ec%8b%a0%ec%9d%98-%eb%ac%bc%ea%b2%b0%ec%9d%b4-%ec%8b%9c%ec%9e%a5%ec%9d%84-%ed%9c%a9%ec%93%b8%eb%8b%a4\/"},"modified":"2025-07-16T07:09:28","modified_gmt":"2025-07-16T07:09:28","slug":"%eb%b6%88%ec%8b%a0%ec%9d%98-%eb%ac%bc%ea%b2%b0%ec%9d%b4-%ec%8b%9c%ec%9e%a5%ec%9d%84-%ed%9c%a9%ec%93%b8%eb%8b%a4","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/learn\/%eb%b6%88%ec%8b%a0%ec%9d%98-%eb%ac%bc%ea%b2%b0%ec%9d%b4-%ec%8b%9c%ec%9e%a5%ec%9d%84-%ed%9c%a9%ec%93%b8%eb%8b%a4\/","title":{"rendered":"\ubd88\uc2e0\uc758 \ubb3c\uacb0\uc774 \uc2dc\uc7a5\uc744 \ud729\uc4f8\ub2e4"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

\uc0c1\ud638 \ud30c\uad34\uc801\uc778 \u201c\uc0c1\ud638 \uad00\uc138\u201d<\/h2>\n\n\n\n

\uc62c\ud574 2\ubd84\uae30\ub294 \ud2b8\ub7fc\ud504\uac00 \uc138\uacc4\uc801\uc73c\ub85c \uc2dc\ud589\ud55c \uc0c1\ud638 \uad00\uc138<\/em>\ub85c \uae08\uc735 \uc2dc\uc7a5\uc744 \uc694\ub3d9\uce58\uac8c \ud558\ub294 \uac83\uc73c\ub85c \uc2dc\uc791\ub418\uc5c8\uc2b5\ub2c8\ub2e4. \uadf8\ub294 \ub2e8 \ud558\ub8e8 \ub9cc\uc5d0 3\uac1c\uc6d4 \uac04\uc758 \uc5f0\uae30\ub97c \ubc1c\ud45c\ud558\uba70 \ub2e4\ub978 \ub098\ub77c\ub4e4\uc5d0\uac8c \ubbf8\uad6d\uacfc\uc758 \ud611\uc815\uc744 \uc774\ub8f0 \uc2dc\uac04\uc744 \uc8fc\uc5c8\uc9c0\ub9cc, 6\uc6d4 \ub9d0\uae4c\uc9c0 \ucd5c\uc885 \ud611\uc815\uc744 \ub9c8\uce5c \ub098\ub77c\ub294 \uba87 \uc548 \ub418\uc5c8\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n

\uac00\uc7a5 \ub192\uc740 \uad00\uc138 \uc778\uc0c1\uc744 \uacac\ub38c\uc57c \ud588\ub358 \uc911\uad6d\uc744 \uc81c\uc678\ud558\uace0, \uc601\uad6d\ub9cc\uc774 \uc131\uacf5\uc801\uc73c\ub85c \ud611\uc815\uc744 \uccb4\uacb0\ud588\uc2b5\ub2c8\ub2e4. \uc778\ub3c4, \uc77c\ubcf8, \uce90\ub098\ub2e4, EU\ub97c \ud3ec\ud568\ud55c \ub2e4\ub978 \ub098\ub77c\ub4e4\uc740 \uc5ec\uc804\ud788 \ud611\uc0c1 \uc911\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n

7\uc6d4 9\uc77c\uc758 \uad00\uc138 \uc5f0\uae30 \ub9c8\uac10\uc77c\uc774 \ube60\ub974\uac8c \ub2e4\uac00\uc634\uc5d0 \ub530\ub77c 3\ubd84\uae30 \ucd08\uc758 \uc8fc\uc694 \ucd08\uc810\uc740 \ud611\uc0c1\uc774 \uc5b4\ub5bb\uac8c \uc9c4\ud589\ub418\ub294\uac00\uc5d0 \uc788\uc744 \uac83\uc785\ub2c8\ub2e4. \ub300\ubd80\ubd84\uc758 \uc8fc\uc694 \ubb34\uc5ed \ud30c\ud2b8\ub108\ub4e4\uc740 \uc774\uc81c \ud611\uc0c1\uc5d0 \uae4a\uc774 \uad00\uc5ec\ud558\uace0 \uc788\uc73c\uba70, \ub9c8\uac10\uc77c\uae4c\uc9c0 \uacf5\uc2dd\uc801\uc778 \ud611\uc815\uc774 \ub3c4\ucd9c\ub418\uc9c0 \uc54a\ub354\ub77c\ub3c4, \ud2b8\ub7fc\ud504\uac00 \uac11\uc791\uc2a4\ub7fd\uac8c \uad00\uc138\ub97c \uc7ac\ub3c4\uc785\ud560 \uac00\ub2a5\uc131\uc740 \ub0ae\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n

\ucd94\uac00 \uc5f0\uc7a5 \uac00\ub2a5\uc131\uc774 \ub192\uc544 \uc2dc\uc7a5\uc740 4\uc6d4\uacfc \uac19\uc740 \ub610 \ub2e4\ub978 \uae00\ub85c\ubc8c \ucda9 crash\uc5d0 \ub300\ud574 \uac71\uc815\ud560 \ud544\uc694\uac00 \uc5c6\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n

\ub3cc\uc774\ucf1c\ubcf4\uba74, \uc774\ub7ec\ud55c \uc0c1\ud638 \uad00\uc138\ub294 1\ubd84\uae30 \ub3d9\uc548 \ubbf8\uad6d\uc758 \uc218\uc785\uc774 \ud06c\uac8c \uc99d\uac00\ud558\ub294 \uc6d0\uc778\uc744 \uc81c\uacf5\ud588\uc2b5\ub2c8\ub2e4. \uae30\uc5c5\ub4e4\uc740 \uc608\uc0c1\ub418\ub294 \uac00\uaca9 \uc778\uc0c1\uc5d0 \ub300\ube44\ud558\uc5ec\u5546\u54c1\uc744 \uc7ac\uace0\ub85c \uc313\uc544\ub450\uae30 \uc704\ud574 \ubd84\uc8fc\ud588\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4. \uc774\ub7ec\ud55c \uae09\uc99d\uc740 \ubd84\uae30 \ub3d9\uc548 -0.2%\uc758 \uc5f0\uac04\ud654\ub41c GDP \uc131\uc7a5\ub960\uc5d0 \ubd80\uc815\uc801\uc778 \uc601\ud5a5\uc744 \ubbf8\ucce4\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n

\ub354 \uae34 \uc2dc\uac04\ub300\ub97c \uc0b4\ud3b4\ubcf4\uba74, \ud39c\uc2e4\ubca0\ub2c8\uc544 \ub300\ud559\uad50 \uc640\ud2bc \uc2a4\ucfe8\uc740 \uc774 \uad00\uc138 \uc815\ucc45\uc774 \ud5a5\ud6c4 10\ub144 \uc774\uc0c1 \uc5f0\ubc29 \uc815\ubd80\uc5d0 5.2\uc870 \ub2ec\ub7ec \uc774\uc0c1\uc758 \uc218\uc775\uc744 \ubc1c\uc0dd\uc2dc\ud0ac \uc218 \uc788\ub2e4\uace0 \uc608\uce21\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uadf8\ub7ec\ub098 \ub290\ub9b0 \uacbd\uc81c \uc131\uc7a5\uacfc \uc0dd\uc0b0\uc131 \uac10\uc18c\ub294 \uc774 \uc218\uce58\ub97c \uc904\uc774\uac70\ub098, \uc5f0\ubc29 \uc801\uc790\ub97c \uc545\ud654\uc2dc\ud0ac \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

2025\ub144 3\uc6d4 25\uc77c OMC \uc810\ub3c4\ud45c vs. 2025\ub144 6\uc6d4 25\uc77c<\/em><\/p>\n\n\n\n

6\uc6d4\uc758 \uc810\ub3c4\ud45c\ub294 \ub300\ubd80\ubd84\uc758 \uc704\uc6d0\ub4e4\uc774 \uc5ec\uc804\ud788 2025\ub144\uc5d0 \ub450 \ucc28\ub840\uc758 \uae08\ub9ac \uc778\ud558\ub97c \uae30\ub300\ud558\uace0 \uc788\uc73c\uba70, \ubaa9\ud45c\ub294 3.75%\uc5d0\uc11c 4.0%\uc784\uc744 \ubcf4\uc5ec\uc90d\ub2c8\ub2e4. \uadf8\ub7ec\ub098 \ubd84\ud3ec\uac00 \ubcc0\ud654\ud588\uc2b5\ub2c8\ub2e4: \uae08\ub9ac \uc778\ud558\uc5d0 \ubc18\ub300\ud558\ub294 \uc704\uc6d0\uc758 \uc218\ub294 4\uba85\uc5d0\uc11c 7\uba85\uc73c\ub85c \uc99d\uac00\ud588\uace0, \ub450 \ucc28\ub840\uc758 \uae08\ub9ac \uc778\ud558\ub97c \uc9c0\uc9c0\ud558\ub294 \uc704\uc6d0\ub4e4\uc740 9\uba85\uc5d0\uc11c 8\uba85\uc73c\ub85c \uc904\uc5b4\ub4e4\uc5c8\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n

\ud55c \ucc28\ub840\uc758 \ub9e4\ud30c\uc801 \uc804\ud658\uc774 \uc774\ub8e8\uc5b4\uc9c0\uba74, \uc62c\ud574 \uc608\uc0c1\ub418\ub294 \uae08\ub9ac \uc778\ud558\uac00 \ub450 \ucc28\ub840\uc5d0\uc11c \ud55c \ucc28\ub840\ub85c \uc904\uc5b4\ub4e4 \uc218 \uc788\uc2b5\ub2c8\ub2e4. 2026\ub144 \uc804\ub9dd\ub3c4 3.5%\uc5d0\uc11c 3.75%\ub85c \uc0c1\ud5a5 \uc870\uc815\ub418\uc5b4 \ub450 \ucc28\ub840\uc758 \uae08\ub9ac \uc778\ud558\ub97c \ud55c \ucc28\ub840\ub85c \uc904\uc600\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n

\uc774\ub7ec\ud55c \ubcc0\ud654\ub294 Fed\uac00 \uc644\ud654\uc5d0 \ub300\ud574 \ub354\uc6b1 \uc2e0\uc911\ud574\uc9c0\uace0 \uc788\uc74c\uc744 \ub098\ud0c0\ub0c5\ub2c8\ub2e4. \uc120\ubb3c \uc2dc\uc7a5\uc740 \ud604\uc7ac 9\uc6d4\uacfc 12\uc6d4 \ubaa8\ub450 25bp \uae08\ub9ac \uc778\ud558\ub97c \uc608\uc0c1\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uadf8\ub7ec\ub098 \uc778\ud50c\ub808\uc774\uc158\uc774 \ubc18\ub4f1\ud558\uac70\ub098 \ub178\ub3d9 \uc2dc\uc7a5\uc774 \uac15\ud574\uc9c0\uba74, \uc774\ub97c \uc5f0\uae30\ud560 \uc218\ub3c4 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n

\ud30c\uc6d4\uc758 \ubc1c\uc5b8\uc740 \uc774 \uc2e0\uc911\ud568\uc774 \ud2b8\ub7fc\ud504\uc758 \uc815\ucc45 \uacb0\uc815\uc5d0\uc11c \ube44\ub86f\ub41c \uc704\ud5d8\uc73c\ub85c \ud06c\uac8c \uc601\ud5a5\uc744 \ubc1b\uc558\uc74c\uc744 \uc2dc\uc0ac\ud569\ub2c8\ub2e4. \uc544\uc774\ub7ec\ub2c8\ud558\uac8c\ub3c4, \ub35c \ud558\ub294 \uac83\uc774 Fed\uac00 \ub354 \ube68\ub9ac \ud589\ub3d9\ud558\ub3c4\ub85d \ub3c4\uc6b8 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n

Fed\uc758 \ucd5c\uc2e0 \uc804\ub9dd\uc740 \uc131\uc7a5 \ud558\ub77d \uc2e0\ud638<\/h2>\n\n\n\n

\ucd5c\uadfc FOMC \uacbd\uc81c \uc804\ub9dd\uc5d0\uc11c Fed\ub294 2\ubd84\uae30 GDP \uc804\ub9dd\uc744 1.7%\uc5d0\uc11c 1.4%\ub85c \ud558\ud5a5 \uc870\uc815\ud588\uc2b5\ub2c8\ub2e4. \uc2e4\uc5c5\ub960 \uc804\ub9dd\uc744 4.4%\uc5d0\uc11c 4.5%\ub85c \uc0c1\ud5a5 \uc870\uc815\ud588\uc73c\uba70, \ud5e4\ub4dc\ub77c\uc778 \ubc0f \ud575\uc2ec \uc778\ud50c\ub808\uc774\uc158 \uc608\uce21\ub3c4 \uac01\uac01 2.7%\uc5d0\uc11c 3.0%, 2.8%\uc5d0\uc11c 3.1%\ub85c \uc99d\uac00\ud588\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uacbd\uc81c \ubd88\ud655\uc2e4\uc131\uc5d0 \ub300\ud55c \uc6b0\ub824\uac00 \ucee4\uc9c0\uace0 \uc788\uc74c\uc744 \ubc18\uc601\ud569\ub2c8\ub2e4.<\/p>\n\n\n

\n
\"\"
(Figure 2) 6\uc6d4 SEP<\/figcaption><\/figure><\/div>\n\n\n

6\uc6d4 \uc131\uba85\uc5d0\uc11c Fed\ub294 \uc21c \uc218\ucd9c\uc758 \ubcc0\ub3d9\uc131\uc744 \ub2e4\uc2dc \uac15\uc870\ud588\uc73c\uba70, \uc2e4\uc5c5 \ubc0f \uc778\ud50c\ub808\uc774\uc158 \uc704\ud5d8\uc774 \ub192\uc544\uc84c\ub2e4\ub294 \uc5b8\uae09\uc744 \uc0ad\uc81c\ud588\uc2b5\ub2c8\ub2e4. \uc774\ub294 \ucd5c\uadfc \ub370\uc774\ud130\uac00 \uc57d\uac04 \uc548\uc815\ud654\ub418\uc5c8\uc74c\uc744 \uc2dc\uc0ac\ud569\ub2c8\ub2e4. \uacbd\uc81c \uc804\ub9dd\uc740 5\uc6d4\uc758 \u201c\uc9c0\uc18d\uc801\uc778 \uac1c\uc120\u201d\uc5d0\uc11c \u201c\ub192\uc740 \uc218\uc900\uc5d0\uc11c\uc758 \uc870\uc815\u201d\uc73c\ub85c \uc218\uc815\ub418\uc5c8\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n

\ud5a5\ud6c4 \uc548\ub0b4\ub294 \ubcc0\uacbd\ub418\uc9c0 \uc54a\uc558\uc2b5\ub2c8\ub2e4: Fed\ub294 \uc5ec\uc804\ud788 \ucd94\uac00 \uae08\ub9ac \uc778\ud558\uc758 \uac00\ub2a5\uc131\uc744 \ubcf4\uace0 \uc788\uc9c0\ub9cc, \uc2dc\uae30\uc640 \uaddc\ubaa8\ub97c \ub354\uc6b1 \uc2e0\uc911\ud558\uac8c \ud3c9\uac00\ud560 \uac83\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n

\ub2e4\ub978 \ud55c\ud3b8\uc73c\ub85c, Fed\uc758 \ub300\ucc28\ub300\uc870\ud45c \ucd95\uc18c\ub294 \ub454\ud654\ub418\uc5c8\uc2b5\ub2c8\ub2e4. \uc790\uc0b0 \uc720\ucd9c \uc18d\ub3c4\uac00 \uc6d4 \uc57d 500\uc5b5~550\uc5b5 \ub2ec\ub7ec\uc5d0\uc11c \uc57d 360\uc5b5 \ub2ec\ub7ec\ub85c \uac10\uc18c\ud588\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n

4\uc6d4 \ucd08 \uc774\ud6c4\ub85c \ub300\ucc28\ub300\uc870\ud45c\ub294 7.23\uc870 \ub2ec\ub7ec\uc5d0\uc11c 6.68\uc870 \ub2ec\ub7ec\ub85c \ucd95\uc18c\ub418\uc5c8\uc73c\uba70, \uc774\ub294 \ucd5c\uadfc \ucd5c\uc800\uce58\uc785\ub2c8\ub2e4.<\/p>\n\n\n

\n
\"\"
(Figure 3) \uc5f0\ubc29 \uc900\ube44 \uc81c\ub3c4 \ub300\ucc28\ub300\uc870\ud45c\uc758 \ud06c\uae30<\/figcaption><\/figure><\/div>\n\n\r\n

VT Markets \ub77c\uc774\ube0c \uacc4\uc815\uc744 \ub9cc\ub4e4\uace0 \uc9c0\uae08 \ubc14\ub85c \uac70\ub798<\/a>\ub97c \uc2dc\uc791\ud558\uc138\uc694.<\/b><\/p>\r\n","protected":false},"excerpt":{"rendered":"

\ud2b8\ub7fc\ud504\uc758 \uc0c1\ud638 \uad00\uc138 \uc815\ucc45\uc774 \ubbf8\uad6d \uacbd\uc81c\uc5d0 \ubbf8\uce58\ub294 \uc601\ud5a5\uacfc \uc5f0\uc900\uc758 \uc2e0\uc911\ud55c \ub300\uc751\uc774 \uc0ac\uc5c5\uc5d0 \ubd88\ud655\uc2e4\uc131\uc744 \ucd08\ub798\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ub3d9\uc2dc\uc5d0 \ub2ec\ub7ec\uc758 \uc57d\uc138\uac00 \uc774\uc5b4\uc9c0\uace0 \uc788\uc2b5\ub2c8\ub2e4. – vtmarkets.com<\/p>\n","protected":false},"author":2,"featured_media":17109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[51],"tags":[],"class_list":["post-17095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/17095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=17095"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/17095\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media\/17109"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=17095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=17095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=17095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}