{"id":38261,"date":"2026-02-13T20:58:36","date_gmt":"2026-02-13T20:58:36","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%9d%bc%eb%b3%b4%eb%b1%85%ed%81%ac%ec%9d%98-%eb%a7%88%eb%a0%88%ec%9d%b4%eb%8a%94-%ec%9b%8c%ec%8b%9c%ea%b0%80-%ec%97%b0%ec%a4%80-%ec%9d%98%ec%9e%a5%ec%9d%b4-%eb%90%98%eb%a9%b4-2026%eb%85%84%ec%97%90\/"},"modified":"2026-02-13T20:58:36","modified_gmt":"2026-02-13T20:58:36","slug":"%eb%9d%bc%eb%b3%b4%eb%b1%85%ed%81%ac%ec%9d%98-%eb%a7%88%eb%a0%88%ec%9d%b4%eb%8a%94-%ec%9b%8c%ec%8b%9c%ea%b0%80-%ec%97%b0%ec%a4%80-%ec%9d%98%ec%9e%a5%ec%9d%b4-%eb%90%98%eb%a9%b4-2026%eb%85%84%ec%97%90","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%9d%bc%eb%b3%b4%eb%b1%85%ed%81%ac%ec%9d%98-%eb%a7%88%eb%a0%88%ec%9d%b4%eb%8a%94-%ec%9b%8c%ec%8b%9c%ea%b0%80-%ec%97%b0%ec%a4%80-%ec%9d%98%ec%9e%a5%ec%9d%b4-%eb%90%98%eb%a9%b4-2026%eb%85%84%ec%97%90\/","title":{"rendered":"\ub77c\ubcf4\ubc45\ud06c\uc758 \ub9c8\ub808\uc774\ub294 \uc6cc\uc2dc\uac00 \uc5f0\uc900 \uc758\uc7a5\uc774 \ub418\uba74 2026\ub144\uc5d0 \ubbf8\uad6d \uae08\ub9ac\uac00 25bp\uc529 \uc138 \ucc28\ub840 \uc778\ud558\ub3fc \uc911\ub9bd\uae08\ub9ac \uc544\ub798\ub85c \ub0b4\ub824\uac08 \uac83\uc774\ub77c\uace0 \ub9d0\ud588\ub2e4."},"content":{"rendered":"\ub77c\ubcf4\ubc45\ud06c(Rabobank, \ub124\ub35c\ub780\ub4dc\uacc4 \uc740\ud589)\uc758 \ud544\ub9bd \ub9c8\ub808\uc774(Philip Marey)\ub294 \ucf00\ube48 \uc6cc\uc2dc(Kevin Warsh)\uac00 \ubbf8 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Federal Reserve, \ubbf8\uad6d \uc911\uc559\uc740\ud589\u00b7\uc774\ud558 \u2018\uc5f0\uc900\u2019) \uc758\uc7a5\uc73c\ub85c \uc9c0\uba85\ub41c \uac83\uc740 2026\ub144\uc5d0 \ubbf8\uad6d \uc815\ucc45\uae08\ub9ac(\uc911\uc559\uc740\ud589\uc774 \uc815\ud558\ub294 \uae30\uc900\uae08\ub9ac)\uac00 \ub354 \ub0ae\uc544\uc9c8 \uac00\ub2a5\uc131\uc744 \ub73b\ud55c\ub2e4\uace0 \ub9d0\ud588\ub2e4. \uc81c\uc2dc\ub41c \uc804\ub9dd\uc740 2026\ub144\uc5d0 \uac01\uac01 25bp(\ubca0\uc774\uc2dc\uc2a4\ud3ec\uc778\ud2b8: \uae08\ub9ac 0.01%\ud3ec\uc778\ud2b8)\uc529 \uc138 \ucc28\ub840 \uc778\ud558\ud558\ub294 \uac83\uc774\ub2e4.\n\n\uc774 \uacbd\ub85c\ub77c\uba74 \uc5f0\ubc29\uae30\uae08\uae08\ub9ac(federal funds rate: \ubbf8\uad6d \uc740\ud589\ub4e4\uc774 \ucd08\ub2e8\uae30\ub85c \uc11c\ub85c \ube4c\ub824\uc8fc\ub294 \uae08\ub9ac\ub85c, \uc0ac\uc2e4\uc0c1 \ubbf8\uad6d\uc758 \ub300\ud45c \uae30\uc900\uae08\ub9ac)\uac00 \uc5f0\ubc29\uacf5\uac1c\uc2dc\uc7a5\uc704\uc6d0\ud68c(FOMC: \uc5f0\uc900\uc5d0\uc11c \uae08\ub9ac\ub97c \uacb0\uc815\ud558\ub294 \uc704\uc6d0\ud68c)\uac00 \ucd94\uc815\ud558\ub294 \uc911\ub9bd\uae08\ub9ac(neutral rate: \uacbd\uae30\ub97c \uacfc\uc5f4\uc2dc\ud0a4\uc9c0\ub3c4 \uce68\uccb4\uc2dc\ud0a4\uc9c0\ub3c4 \uc54a\ub294 \u2018\uc911\uac04 \uc218\uc900\u2019\uc758 \uae08\ub9ac) \uc911\uac04\uac12\ubcf4\ub2e4 \uc57d\uac04 \ub0ae\uc544\uc9c4\ub2e4. \ub9c8\ub808\uc774\ub294 \ub610 \uc6cc\uc2dc\uac00 \uc778\uacf5\uc9c0\ub2a5(AI: \uc0ac\ub78c\ucc98\ub7fc \ud559\uc2b5\u00b7\ucd94\ub860\ud558\ub294 \ucef4\ud4e8\ud130 \uae30\uc220)\uacfc \uad00\ub828\ub41c \ub17c\ub9ac\ub97c \ub4e4\uc5b4 \ub2e4\ub978 FOMC \uc704\uc6d0\ub4e4\uc744 \uc124\ub4dd\ud574 \uc911\ub9bd\uae08\ub9ac \uc804\ub9dd\uc744 \ub354 \ub0ae\ucd94\uc790\uace0 \ud560 \uc218 \uc788\ub2e4\uace0 \ub9d0\ud588\ub2e4.\n\n<h3>\ub300\ucc28\ub300\uc870\ud45c\uc640 \uc7a5\uae30 \uae08\ub9ac<\/h3>\n\ud574\ub2f9 \uba54\ubaa8(note: \ubd84\uc11d \uba54\ubaa8\u00b7\uc9e7\uc740 \ubcf4\uace0\uc11c)\ub294 \uc6cc\uc2dc\uac00 \uc5f0\uc900\uc758 \ub300\ucc28\ub300\uc870\ud45c(balance sheet: \uc5f0\uc900\uc774 \uac00\uc9c4 \uc790\uc0b0\uacfc \ubd80\ucc44\uc758 \uaddc\ubaa8\u00b7\uad6c\uc131)\ub97c \ucd95\uc18c\ud558\ub294 \uac83\uc744 \uc9c0\uc9c0\ud558\uba70, \uc6b4\uc601 \uccb4\uacc4(operating framework: \uc911\uc559\uc740\ud589\uc774 \uc2dc\uc7a5\uae08\ub9ac\ub97c \uad00\ub9ac\ud558\ub294 \ubc29\uc2dd)\ub97c \u2018\ud48d\ubd80\ud55c \uc900\ube44\uae08(ample reserves: \uc740\ud589\ub4e4\uc774 \uc911\uc559\uc740\ud589\uc5d0 \ub9e1\uae34 \ub3c8\uc774 \ub109\ub109\ud55c \uc0c1\ud0dc)\u2019\uc5d0\uc11c \u2018\ubd80\uc871\ud55c \uc900\ube44\uae08(scarce reserves: \uc900\ube44\uae08\uc774 \ube60\ub4ef\ud574 \ub2e8\uae30\uc790\uae08\uc2dc\uc7a5\uc774 \ub354 \ubbfc\uac10\ud574\uc9c8 \uc218 \uc788\ub294 \uc0c1\ud0dc)\u2019\uc73c\ub85c \ubc14\uafb8\ub824 \ud560 \uc218 \uc788\ub2e4\uace0 \ud588\ub2e4. \ub610\ud55c \uc815\ucc45\uae08\ub9ac(\uae30\uc900\uae08\ub9ac)\uac00 \ub0b4\ub824\uac00\ub354\ub77c\ub3c4 \uc7a5\uae30 \uc218\uc775\ub960(longer-term yields: \ub9cc\uae30\uac00 \uae34 \ucc44\uad8c\uc758 \uae08\ub9ac)\uc774 \uc624\ub97c \uc704\ud5d8\uc774 \uc788\ub2e4\uace0 \uc124\uba85\ud588\ub2e4.\n\n\uc774 \uae00\uc740 \uc7a5\uae30\uae08\ub9ac \uc0c1\uc2b9 \uac00\ub2a5\uc131\uc744 \uc8fc\ud0dd\uc2dc\uc7a5 \uc0c1\ud669\uacfc \uc5f0\uacb0\ud574 \u201c\uc8fc\ud0dd \uce68\uccb4(housing recession: \uc8fc\ud0dd \uac70\ub798\u00b7\uac74\uc124 \ub4f1\uc774 \ud06c\uac8c \uc704\ucd95\ub41c \uc0c1\ud0dc)\u201d\ub97c \uc5b8\uae09\ud588\ub2e4. \ub610 \uc778\uacf5\uc9c0\ub2a5 \ub3c4\uad6c\uc758 \ub3c4\uc6c0\uc73c\ub85c \uc791\uc131\ub418\uace0 \ud3b8\uc9d1\uc790 \uac80\ud1a0\ub97c \uac70\ucce4\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.\n\n<!-- wp:paragraph-->\n<p><b>VT Markets \ub77c\uc774\ube0c \uacc4\uc815\uc744 \ub9cc\ub4e4\uace0 \uc9c0\uae08 \ubc14\ub85c <a href=\"https:\/\/www.vtmarkets.com\/kr\/trade-now\/\">\uac70\ub798<\/a>\ub97c \uc2dc\uc791\ud558\uc138\uc694.<\/b><\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\uc6cc\uc2dc \uc9c0\uba85, 2026 \uae08\ub9ac\uc778\ud558 \uc2e0\ud638\ud0c4? \uc2dc\uc7a5\uc740 25bp 3\ud68c \uc778\ud558\ub97c \ubc18\uc601\ud558\uba70 SOFR \ub9e4\uc218 \uc8fc\ubaa9. \ub2e4\ub9cc \ub300\ucc28\ub300\uc870\ud45c \ucd95\uc18c\ub85c \uc7a5\uae30\uae08\ub9ac \uc0c1\uc2b9\u00b7\ucee4\ube0c \uc2a4\ud2f0\ud504\ub2dd, \ubcc0\ub3d9\uc131 \ud655\ub300\uc640 \uc8fc\ud0dd\uc9c0\ud45c\u00b7MBS \uad00\ucc30 \ud544\uc694. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":62,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-38261","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/38261","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\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=38261"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/38261\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=38261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=38261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=38261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}