{"id":38784,"date":"2026-02-20T17:33:24","date_gmt":"2026-02-20T17:33:24","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%af%b8%ea%b5%ad-%ec%97%b0%ea%b0%84-pce-%eb%ac%bc%ea%b0%80%ec%a7%80%ec%88%98%ea%b0%80-12%ec%9b%94%ec%97%90-%ec%98%88%ec%83%81%ec%b9%982-8%eb%a5%bc-%ec%83%81%ed%9a%8c%ed%95%9c-2-9%eb%a5%bc\/"},"modified":"2026-02-20T17:33:24","modified_gmt":"2026-02-20T17:33:24","slug":"%eb%af%b8%ea%b5%ad-%ec%97%b0%ea%b0%84-pce-%eb%ac%bc%ea%b0%80%ec%a7%80%ec%88%98%ea%b0%80-12%ec%9b%94%ec%97%90-%ec%98%88%ec%83%81%ec%b9%982-8%eb%a5%bc-%ec%83%81%ed%9a%8c%ed%95%9c-2-9%eb%a5%bc","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%af%b8%ea%b5%ad-%ec%97%b0%ea%b0%84-pce-%eb%ac%bc%ea%b0%80%ec%a7%80%ec%88%98%ea%b0%80-12%ec%9b%94%ec%97%90-%ec%98%88%ec%83%81%ec%b9%982-8%eb%a5%bc-%ec%83%81%ed%9a%8c%ed%95%9c-2-9%eb%a5%bc\/","title":{"rendered":"\ubbf8\uad6d \uc5f0\uac04 PCE \ubb3c\uac00\uc9c0\uc218\uac00 12\uc6d4\uc5d0 \uc608\uc0c1\uce58(2.8%)\ub97c \uc0c1\ud68c\ud55c 2.9%\ub97c \uae30\ub85d\ud588\uc2b5\ub2c8\ub2e4."},"content":{"rendered":"\ubbf8\uad6d \uac1c\uc778\uc18c\ube44\uc9c0\ucd9c(PCE) \ubb3c\uac00\uc9c0\uc218 \uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00 \uc0c1\uc2b9\ub960)\uc740 12\uc6d4\uc5d0 \uc804\ub144 \ub300\ube44 2.9% \uc0c1\uc2b9\ud588\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uc804\ub9dd\uce58 2.8%\ub97c \uc6c3\ub3cc\uc558\uc2b5\ub2c8\ub2e4.\n\n\uc774\ubc88 \uc218\uce58\ub294 \uc608\uc0c1\ubcf4\ub2e4 0.1%\ud3ec\uc778\ud2b8 \ub192\uc558\uc2b5\ub2c8\ub2e4. \uc774 \ub370\uc774\ud130\ub294 \uc2dc\uc7a5 \uc608\uc0c1\ubcf4\ub2e4 \ubb3c\uac00 \uc0c1\uc2b9\uc774 \uc57d\uac04 \ub354 \uac15\ud558\uac8c \ub098\ud0c0\ub0ac\ub2e4\ub294 \ub73b\uc785\ub2c8\ub2e4.\n\n<h3>\uc5f0\uc900 \uc815\ucc45\uc5d0 \ub300\ud55c \uc758\ubbf8<\/h3>\n12\uc6d4 2025\ub144 \uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00 \uc0c1\uc2b9\ub960) \ub370\uc774\ud130\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ub192\uac8c \ub098\uc624\uba74\uc11c, \uc6b0\ub9ac\ub294 \ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed, \ubbf8\uad6d \uc911\uc559\uc740\ud589)\uc758 \ud5a5\ud6c4 \uc815\ucc45 \uacbd\ub85c\uc5d0 \ub300\ud55c \uad00\uc810\uc744 \uc870\uc815\ud574\uc57c \ud569\ub2c8\ub2e4. \uac1c\uc778\uc18c\ube44\uc9c0\ucd9c(PCE, \ubbf8\uad6d\uc5d0\uc11c \ub110\ub9ac \uc4f0\ub294 \ubb3c\uac00 \uc9c0\ud45c) \uc9c0\uc218\uc758 \uc608\uc0c1 \ubc16 \uac15\uc138\ub294 \uc778\ud50c\ub808\uc774\uc158\uc774 \uc27d\uac8c \ub0b4\ub824\uac00\uc9c0 \uc54a\uace0(\ub048\uc801\ud558\uac8c) \ub0a8\uc544 \uc788\uc744 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4\ub294 \uc2e0\ud638\uc785\ub2c8\ub2e4. \uadf8 \uacb0\uacfc 2026\ub144 \ucd08 \uae08\ub9ac \uc778\ud558(\uae30\uc900\uae08\ub9ac \ud558\ub77d) \uac00\ub2a5\uc131\uc740 \ud06c\uac8c \ub0ae\uc544\uc84c\uc2b5\ub2c8\ub2e4.\n\n\uc774 \ubcc0\ud654\ub294 \uae08\ub9ac \uc120\ubb3c(\ubbf8\ub798 \uae08\ub9ac\ub97c \ubbf8\ub9ac \ubc18\uc601\ud574 \uac70\ub798\ud558\ub294 \uacc4\uc57d) \uac00\uaca9\uc5d0\ub3c4 \ubc18\uc601\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uae08\ub9ac \uc120\ubb3c\uc740 \ubd88\uacfc \uba87 \uc8fc \uc804\ubcf4\ub2e4 3\uc6d4 \uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uc744 \ud6e8\uc52c \ub0ae\uac8c \ubcf4\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc608\ub97c \ub4e4\uc5b4 \uc2dc\uc7a5\uc740 \uc774\uc81c 2026\ub144 3\uc6d4 \uc5f0\uc900 \ud68c\uc758\uc5d0\uc11c \uae08\ub9ac \uc778\ud558\uac00 \uc788\uc744 \ud655\ub960\uc744 40% \ubbf8\ub9cc\uc73c\ub85c \ubc18\uc601\ud558\uace0 \uc788\uc73c\uba70, \uc774\ub294 \uc5f0\ucd08 75% \uc774\uc0c1\uc5d0\uc11c \ub0b4\ub824\uc628 \uac83\uc785\ub2c8\ub2e4. \uc774\ub294 \u201c\uae08\ub9ac\uac00 \ub192\uc740 \uc218\uc900\uc5d0\uc11c \ub354 \uc624\ub798 \uc720\uc9c0\ub418\ub294(higher for longer, \uae08\ub9ac\uac00 \ube68\ub9ac \ub0b4\ub824\uac00\uc9c0 \uc54a\ub294)\u201d \ud658\uacbd\uc5d0 \ub300\ube44\ud558\ub294 \uac83\uc774 \ub354 \ud569\ub9ac\uc801\uc774\ub77c\ub294 \ub73b\uc785\ub2c8\ub2e4.\n\n\uc774 \uc804\ub9dd\uc740 \ud30c\uc0dd\uc0c1\ud488(\uae30\ucd08\uc790\uc0b0 \uac00\uaca9\uc744 \ubc14\ud0d5\uc73c\ub85c \uac00\uce58\uac00 \uc815\ud574\uc9c0\ub294 \uc0c1\ud488: \uc635\uc158\u00b7\uc120\ubb3c \ub4f1)\uc744 \uc774\uc6a9\ud574 \uc2dc\uc7a5 \ubcc0\ub3d9\uc131(\uac00\uaca9\uc774 \ud06c\uac8c \ud754\ub4e4\ub9ac\ub294 \uc815\ub3c4) \ud655\ub300\uc5d0 \ub300\ube44\ud558\uac70\ub098 \uc774\ub97c \ud65c\uc6a9\ud558\ub294 \uc804\ub7b5\uc744 \ub4b7\ubc1b\uce68\ud569\ub2c8\ub2e4. CBOE \ubcc0\ub3d9\uc131 \uc9c0\uc218(VIX, \ubbf8\uad6d \uc8fc\uc2dd\uc2dc\uc7a5 \ubd88\uc548 \uc815\ub3c4\ub97c \ub098\ud0c0\ub0b4\ub294 \uc9c0\uc218)\ub294 2025\ub144 \ub9d0 \uc800\uc810\uc5d0\uc11c \uc62c\ub77c \ud604\uc7ac \uc57d 17 \uc218\uc900\uae4c\uc9c0 \uc0c1\uc2b9\ud588\uc73c\uba70, \uc774\ub7f0 \ud750\ub984\uc774 \uc774\uc5b4\uc9c8 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc6b0\ub9ac\ub294 SPX(\ubbf8\uad6d S&#038;P 500 \uc9c0\uc218 \uc635\uc158\uc758 \ub300\ud45c \uc9c0\uc218) \uac19\uc740 \uc8fc\uc694 \uc9c0\uc218\uc5d0 \ub300\ud574 \ud48b \uc2a4\ud504\ub808\ub4dc(\ud48b\uc635\uc158\uc744 \ub3d9\uc2dc\uc5d0 \ub9e4\uc218\u00b7\ub9e4\ub3c4\ud574 \ube44\uc6a9\uacfc \uc190\uc775 \ubc94\uc704\ub97c \uc870\uc808\ud558\ub294 \uc804\ub7b5)\ub97c \ub9e4\uc218\ud574, \ub192\uc740 \uae08\ub9ac\uac00 \uc9c0\uc18d\ub420 \ub54c \ubc1c\uc0dd\ud560 \uc218 \uc788\ub294 \uc8fc\uc2dd\uc2dc\uc7a5 \ud558\ub77d\uc5d0 \ub300\ube44\ud558\ub294 \ubc29\uc548\uc744 \uac80\ud1a0\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.\n\n\ucc44\uad8c \uc2dc\uc7a5(\uace0\uc815\uc218\uc775, fixed income: \uc774\uc790 \uc218\uc775\uc774 \uc911\uc2ec\uc778 \uc790\uc0b0)\uc5d0\uc11c\ub294, \uae08\ub9ac \uc778\ud558 \uae30\ub300\uac00 \ub4a4\ub85c \ubc00\ub9ac\uba74\uc11c \ubbf8\uad6d \uad6d\ucc44 \uc218\uc775\ub960(\ucc44\uad8c\uc774 \uc8fc\ub294 \uc774\uc790 \uc218\uc900\uc744 \uac00\uaca9\uc5d0 \ubc18\uc601\ud55c \uc218\uce58)\uc774 \ub354 \uc624\ub97c \uc218 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud569\ub2c8\ub2e4. 10\ub144 \ub9cc\uae30 \ubbf8\uad6d \uad6d\ucc44 \uc218\uc775\ub960\uc740 \uac15\ud55c \uacbd\uc81c\uc9c0\ud45c\uc5d0 \ubc18\uc751\ud574 2026\ub144 2\uc6d4 4.15% \uc704\ub85c \ub2e4\uc2dc \uc62c\ub77c\uc654\uc2b5\ub2c8\ub2e4. \ud2b8\ub808\uc774\ub354\ub294 \ucc44\uad8c \uac00\uaca9 \ud558\ub77d\uc5d0\uc11c \uc774\uc775\uc774 \ub098\ub294 \uc804\ub7b5\uc744 \uace0\ub824\ud560 \uc218 \uc788\ub294\ub370, \uc608\ub97c \ub4e4\uc5b4 \uad6d\ucc44 \uc120\ubb3c(\ubbf8\ub798\uc5d0 \uc815\ud574\uc9c4 \uac00\uaca9\uc73c\ub85c \uad6d\ucc44\ub97c \uc0ac\uace0\ud30c\ub294 \uacc4\uc57d)\uc744 \ub9e4\ub3c4(\uc20f, \uac00\uaca9 \ud558\ub77d\uc5d0 \ubca0\ud305)\ud558\ub294 \ubc29\uc2dd\uc774 \uc788\uc2b5\ub2c8\ub2e4.\n\n\uc774 \ud658\uacbd\uc740 \ubbf8\uad6d \ub2ec\ub7ec\uc5d0\ub3c4 \uac15\uc138 \uc694\uc778\uc774 \ub429\ub2c8\ub2e4. \uc5f0\uc900\uc774 \uc11c\ub450\ub974\uc9c0 \uc54a\ub294 \ud0dc\ub3c4\ub97c \ubcf4\uc774\ub294 \ubc18\uba74, \ub2e4\ub978 \uc911\uc559\uc740\ud589\ub4e4\uc740 \uc644\ud654(\uae08\ub9ac\ub97c \ub0b4\ub9ac\uac70\ub098 \uc720\ub3d9\uc131\uc744 \ub298\ub9ac\ub294 \ubc29\ud5a5)\ub85c \ub354 \uac00\uae4c\uc6cc\uc9c8 \uc218 \uc788\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4. \ubbf8\uad6d \ub2ec\ub7ec \uc9c0\uc218(DXY, \uc8fc\uc694 \ud1b5\ud654 \ub300\ube44 \ub2ec\ub7ec \uac00\uce58\ub97c \ub098\ud0c0\ub0b4\ub294 \uc9c0\uc218)\ub294 \uc62c\ud574 \ucd08 \uc774\ud6c4 2% \uc774\uc0c1 \uc0c1\uc2b9\ud588\uc2b5\ub2c8\ub2e4.\n\n<h3>\ub2ec\ub7ec \uac15\uc138\uc5d0 \ub300\ube44\ud55c \ud3ec\uc9c0\uc154\ub2dd<\/h3>\n\uc6b0\ub9ac\ub294 DXY \ucf5c\uc635\uc158(\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \uc0b4 \uc218 \uc788\ub294 \uad8c\ub9ac) \ub610\ub294 \uad00\ub828 \ud1b5\ud654 ETF(\uc5ec\ub7ec \uc790\uc0b0\uc744 \ubb36\uc5b4 \uc8fc\uc2dd\ucc98\ub7fc \uac70\ub798\ud558\ub294 \uc0c1\uc7a5\uc9c0\uc218\ud380\ub4dc)\uc5d0 \ub300\ud55c \ucf5c\uc635\uc158\uc744, \uc55e\uc73c\ub85c \uba87 \uc8fc \ub3d9\uc548 \ub2ec\ub7ec \uac15\uc138\uac00 \uc774\uc5b4\uc9c8 \ub54c \uc774\ub97c \uc9c1\uc811\uc801\uc73c\ub85c \ubc18\uc601\ud560 \uc218 \uc788\ub294 \ubc29\ubc95\uc73c\ub85c \ubd05\ub2c8\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>\ubbf8\uad6d PCE \ubb3c\uac00\uac00 12\uc6d4 \uc804\ub144\ube44 2.9%\ub85c \uc608\uc0c1(2.8%)\uc744 \uc0c1\ud68c, \uc778\ud50c\ub808\uac00 \ub048\uc801\ud569\ub2c8\ub2e4. Fed \uc870\uae30 \uc778\ud558 \uae30\ub300 \uae09\ub77d, \uae08\ub9ac \u2018\ub354 \uc624\ub798 \ub192\uac8c\u2019. \ubcc0\ub3d9\uc131\u00b7\uc8fc\uac00 \ud558\ubc29 \ud5e4\uc9c0, \uad6d\ucc44 \uc57d\uc138\u00b7\ub2ec\ub7ec \uac15\uc138 \uc804\ub7b5 \ubd80\uc0c1. &#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-38784","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\/38784","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=38784"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/38784\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=38784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=38784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=38784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}