{"id":40248,"date":"2026-03-10T01:42:40","date_gmt":"2026-03-10T01:42:40","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/mufg%ec%9d%98-%eb%a7%88%ec%9d%b4%ed%81%b4-%ec%99%84-%ec%9c%a0%ea%b0%80%eb%b0%9c-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98%ea%b3%bc-%ed%98%b8%eb%a5%b4%eb%ac%b4%ec%a6%88-%ed%95%b4%ed%98%91\/"},"modified":"2026-03-10T01:42:40","modified_gmt":"2026-03-10T01:42:40","slug":"mufg%ec%9d%98-%eb%a7%88%ec%9d%b4%ed%81%b4-%ec%99%84-%ec%9c%a0%ea%b0%80%eb%b0%9c-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98%ea%b3%bc-%ed%98%b8%eb%a5%b4%eb%ac%b4%ec%a6%88-%ed%95%b4%ed%98%91","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/mufg%ec%9d%98-%eb%a7%88%ec%9d%b4%ed%81%b4-%ec%99%84-%ec%9c%a0%ea%b0%80%eb%b0%9c-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98%ea%b3%bc-%ed%98%b8%eb%a5%b4%eb%ac%b4%ec%a6%88-%ed%95%b4%ed%98%91\/","title":{"rendered":"MUFG\uc758 \ub9c8\uc774\ud074 \uc644 \u201c\uc720\uac00\ubc1c \uc778\ud50c\ub808\uc774\uc158\uacfc \ud638\ub974\ubb34\uc988 \ud574\ud611 \ubd09\uc1c4 \ubd88\ud655\uc2e4\uc131, \ud544\ub9ac\ud540 \uc911\uc559\uc740\ud589 \uae08\ub9ac \uacc4\ud68d\uc5d0 \uba39\uad6c\ub984\u201d"},"content":{"rendered":"MUFG \ubd84\uc11d\uc740 \uc720\uac00 \uc0c1\uc2b9\uacfc \ud638\ub974\ubb34\uc988 \ud574\ud611(\uc911\ub3d9\uc758 \ud575\uc2ec \uc6d0\uc720 \uc218\uc1a1\ub85c) \ud3d0\uc1c4 \uc7a5\uae30\ud654\uac00 \ud544\ub9ac\ud540 \uc911\uc559\uc740\ud589(Bangko Sentral ng Pilipinas\u00b7BSP, \ud544\ub9ac\ud540\uc758 \ud1b5\ud654\uc815\ucc45\uc744 \ub2f4\ub2f9\ud558\ub294 \uc911\uc559\uc740\ud589) \uc815\ucc45\uc5d0 \uc5b4\ub5a4 \uc601\ud5a5\uc744 \uc904 \uc218 \uc788\ub294\uc9c0 \uc810\uac80\ud588\ub2e4. \uae30\ubcf8 \uc2dc\ub098\ub9ac\uc624\ub294 2026\ub144\uc5d0 \uc815\ucc45\uae08\ub9ac\ub97c 3.75%\uae4c\uc9c0 \ub450 \ucc28\ub840 \ucd94\uac00 \uc778\ud558\ud558\ub294 \uac83\uc774\ub2e4. \uc804\uc81c\ub294 2026\ub144 2\ubd84\uae30(2Q2026)\uae4c\uc9c0 \uc720\uac00\uac00 \ubc30\ub7f4\ub2f9 70\ub2ec\ub7ec\ub85c \ub0b4\ub824\uac00\uace0, \uacf5\uae09 \ucc28\uc9c8(\uc6d0\uc720 \uacf5\uae09\uc774 \ub9c9\ud788\uac70\ub098 \uc904\uc5b4\ub4dc\ub294 \uc0c1\ud669)\uc774 2026\ub144 3\uc6d4\uae4c\uc9c0 \ud574\uc18c\ub418\ub294 \uacbd\uc6b0\ub2e4.\n\n\ubd84\uc11d\uc740 \uc720\uac00\uac00 \ubc30\ub7f4\ub2f9 90~100\ub2ec\ub7ec\uc5d0\uc11c \uc7a5\uae30\uac04 \uc720\uc9c0\ub420 \uacbd\uc6b0 2026\ub144 \ubb3c\uac00\uc0c1\uc2b9\ub960(\uc778\ud50c\ub808\uc774\uc158, \uc804\ubc18\uc801\uc778 \ubb3c\uac00\uac00 \uc624\ub974\ub294 \ube44\uc728)\uc774 BSP\uc758 \uc0c1\ud55c\uc120 4%\ub97c \ub118\uace0, 2027\ub144\uae4c\uc9c0 \uc774\uc5b4\uc9c8 \uc218 \uc788\ub2e4\uace0 \ubd24\ub2e4. \uc720\uac00 90\ub2ec\ub7ec \uc2dc\ub098\ub9ac\uc624\uc5d0\uc11c\ub294 2026\ub144\uc5d0 \ubb3c\uac00\uac00 4%\ub97c \ub118\uc5c8\ub2e4\uac00 2027\ub144 3.2%\ub85c \uc644\ud654\ub418\ub294 \uac83\uc73c\ub85c \ucd94\uc815\ud588\ub2e4.\n\n

Oil Shock Scenarios And Inflation Path<\/h3>\n\uc720\uac00\uac00 \ubc30\ub7f4\ub2f9 100\ub2ec\ub7ec\ub97c \ub118\uc73c\uba74 2026\ub144\uacfc 2027\ub144\uc5d0\ub3c4 \ubb3c\uac00\uc0c1\uc2b9\ub960\uc774 4%\ub97c \uc6c3\ub3cc \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4\uace0 \uc804\ub9dd\ud588\ub2e4. \uc774\ub294 \ubb3c\uac00 \uc624\ub984\uc138\uac00 \ub354 \uc624\ub798 \uc9c0\uc18d(\ubb3c\uac00\uc758 \u2018\uc9c0\uc18d\uc131\u2019\uc774 \ucee4\uc9d0)\ub418\uace0, \uae30\ub300\uc778\ud50c\ub808\uc774\uc158(\uac00\uacc4\u00b7\uae30\uc5c5\uc774 \uc55e\uc73c\ub85c \ubb3c\uac00\uac00 \uc624\ub97c \uac83\uc73c\ub85c \uc608\uc0c1\ud558\ub294 \uc2ec\ub9ac)\uc774 \ub192\uc544\uc9c8 \uc704\ud5d8\uacfc \uc5f0\uacb0\ub41c\ub2e4\uace0 \uc124\uba85\ud588\ub2e4.\n\n\ub610 \uc77c\uc2dc\uc801\uc778 \uacf5\uae09 \ucda9\uaca9(\uc7a0\uae50\uc758 \uacf5\uae09 \ucc28\uc9c8)\uacfc \uc815\ucc45 \ub300\uc751\uc774 \ud544\uc694\ud55c \uc7a5\uae30\uc801\uc778 \uad6c\uc870 \ubcc0\ud654(\uc624\ub798 \uc9c0\uc18d\ub418\ub294 \ud658\uacbd \ubcc0\ud654)\ub97c \uad6c\ubd84\ud588\ub2e4. \ub2f9\uc7a5 \uae30\uc900\uae08\ub9ac \uc778\uc0c1(\uae08\ub9ac \uc0c1\ud5a5)\uc740 \uae30\ubcf8 \uac00\uc815\uc774 \uc544\ub2c8\uc9c0\ub9cc, \uc131\uc7a5 \ub454\ud654(\uacbd\uc81c \uc131\uc7a5\ub960 \uc57d\ud654)\uc640 \ud568\uaed8 \ubb3c\uac00\uc758 \uc9c0\uc18d\uc131\uc774 \ucee4\uc9c8\uc218\ub85d \uc778\uc0c1 \uac00\ub2a5\uc131\uc740 \ub192\uc544\uc9c4\ub2e4\uace0 \ubd24\ub2e4.\n\n\uc62c\ud574 \ub450 \ucc28\ub840 \uae08\ub9ac \uc778\ud558\ub77c\ub294 \uae30\ubcf8 \uc804\ub9dd\uc740 \ud06c\uac8c \ud754\ub4e4\ub9ac\uace0 \uc788\ub2e4. \uc774\ub0a0 \uc544\uce68 \ube0c\ub80c\ud2b8\uc720(\uad6d\uc81c \uc720\uac00\uc758 \ub300\ud45c \uc9c0\ud45c)\uac00 \ubc30\ub7f4\ub2f9 95\ub2ec\ub7ec \uc548\ud30e\uc5d0\uc11c \ub0b4\ub824\uc624\uc9c0 \uc54a\uace0, \ud544\ub9ac\ud540 \ud1b5\uacc4\uccad(PSA)\uc758 \ucd5c\uc2e0 \ubcf4\uace0\uc11c\uc5d0\uc11c 2\uc6d4 \ubb3c\uac00\uc0c1\uc2b9\ub960\uc774 4.1%\ub85c \uc0c1\uc2b9\ud558\uba74\uc11c \uc644\ud654(\uae08\ub9ac \uc778\ud558) \uc5ec\uac74\uc774 \ube60\ub974\uac8c \uc57d\ud574\uc9c0\uace0 \uc788\ub2e4. \uc2dc\uc7a5\uc740 \uc6b0\ub9ac\uac00 \uc608\uc0c1\ud574\uc628 6\uc6d4\u00b710\uc6d4 \uc778\ud558 \uac00\ub2a5\uc131\uc744 \uc810\uc810 \ub0ae\uac8c \ubc18\uc601(\uac00\uaca9\uc5d0 \ubbf8\ub9ac \ubc18\uc601\ud558\ub294 \u2018\ud504\ub77c\uc774\uc2f1\u2019)\ud558\uae30 \uc2dc\uc791\ud588\ub2e4.\n\n\ud638\ub974\ubb34\uc988 \ud574\ud611\uc758 \uc9c0\uc815\ud559\uc801 \uc704\uae30\uac00 \uc6b0\ub9ac\uac00 \uae30\ub300\ud588\ub358 3\uc6d4 \uc2dc\ud55c\uae4c\uc9c0 \ud574\uacb0\ub418\uc9c0 \uc54a\uc73c\uba74\uc11c, \uc774\ub294 \ub354 \uc774\uc0c1 \uba3c \uc704\ud5d8\uc774 \uc544\ub2c8\ub2e4. \uc774\ub7f0 \uc9c0\uc18d\uc740 \uc720\uac00 \ucda9\uaca9\uc774 \ucf54\ub85c\ub098 \uc2dc\uae30 \uacf5\uae09 \ucc28\uc9c8\ucc98\ub7fc \ub2e8\uae30\uc801\uc774\uc9c0 \uc54a\uc744 \uc218 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud558\uba70, \ub192\uc740 \uae30\ub300\uc778\ud50c\ub808\uc774\uc158\uc774 \uad73\uc5b4\uc9c8(\uacbd\uc81c \uc804\ubc18\uc5d0 \u2018\uace0\ucc29\u2019) \uac00\ub2a5\uc131\uc744 \ud0a4\uc6b4\ub2e4. \ud2b8\ub808\uc774\ub354\ub294 \ud558\ubc18\uae30 \uae08\ub9ac \ud558\ub77d(\ub354 \ub0ae\uc740 \uae08\ub9ac)\uc5d0 \ud06c\uac8c \uae30\ub300\ub294 \ud3ec\uc9c0\uc158(\ud22c\uc790\u00b7\uac70\ub798\uc5d0\uc11c \ubcf4\uc720\ud55c \ubc29\ud5a5\uc131)\uc744 \uacbd\uacc4\ud560 \ud544\uc694\uac00 \uc788\ub2e4.\n\n

Trading Implications For Rates And Fx<\/h3>\n\ud30c\uc0dd\uc0c1\ud488 \uc2dc\uc7a5(\uc120\ubb3c\u00b7\uc635\uc158\u00b7\uc2a4\uc651 \ub4f1 \uac00\uaca9\uc774 \ub2e4\ub978 \uc790\uc0b0\uc5d0 \uc5f0\ub3d9\ub418\ub294 \uc0c1\ud488)\uc5d0\uc11c\ub294 \uae08\ub9ac \uc778\ud558 \uae30\ub300\uac00 \uc57d\ud574\uc9c0\uba74\uc11c \ud544\ub9ac\ud540 \uae08\ub9ac\uc2a4\uc651(\uc774\uc790\uc728\uc2a4\uc651, \uace0\uc815\uae08\ub9ac\uc640 \ubcc0\ub3d9\uae08\ub9ac\ub97c \uad50\ud658\ud558\ub294 \uacc4\uc57d)\uc5d0\uc11c \u2018\ub9ac\uc2dc\ube0c-\ud53d\uc2a4\ub4dc\u2019(\uace0\uc815\uae08\ub9ac\ub97c \ubc1b\ub294 \ud3ec\uc9c0\uc158, \uae08\ub9ac \ud558\ub77d\uc5d0 \uc720\ub9ac)\ub97c \uc815\ub9ac\ud558\ub294 \ud750\ub984\uc73c\ub85c \uc774\uc5b4\uc9c8 \uc218 \uc788\ub2e4. \uc6b0\ub9ac\ub294 \ub2e8\uae30\ubb3c \uc2a4\uc651\uc5d0\uc11c \u2018\ud398\uc774-\ud53d\uc2a4\ub4dc\u2019(\uace0\uc815\uae08\ub9ac\ub97c \uc9c0\uae09\ud558\ub294 \ud3ec\uc9c0\uc158, \uae08\ub9ac \uc0c1\uc2b9\u00b7\ub3d9\uacb0\uc5d0 \uc720\ub9ac)\ub97c \ud1b5\ud574 BSP\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ub354 \uc624\ub798 \ub3d9\uacb0(\uae08\ub9ac\ub97c \ubc14\uafb8\uc9c0 \uc54a\uc74c)\ud560 \uac00\ub2a5\uc131\uc5d0 \ub300\ube44\ud558\ub294 \uc804\ub7b5\uc774 \uc720\ub9ac\ud558\ub2e4\uace0 \ubcf8\ub2e4. \ud655\ub960\uc740 \uae08\ub9ac \uc778\ud558 \uc0ac\uc774\ud074(\uc5f0\uc18d \uc778\ud558 \uad6d\uba74)\ubcf4\ub2e4 \uc7a5\uae30 \ub3d9\uacb0 \ucabd\uc73c\ub85c \uc774\ub3d9\ud558\uace0 \uc788\ub2e4.\n\n2022\ub144 \ubb3c\uac00 \ucda9\uaca9\uc73c\ub85c \ud544\ub9ac\ud540 \ubb3c\uac00\uc0c1\uc2b9\ub960\uc774 8%\ub97c \ub118\uc5c8\uc744 \ub54c\ub97c \ubcf4\uba74, BSP\ub294 \uc131\uc7a5\uc758 \ube44\uc6a9\uc774 \uc788\ub354\ub77c\ub3c4 \ubb3c\uac00 \ubaa9\ud45c(\uc911\uc559\uc740\ud589\uc758 \ud575\uc2ec \ucc45\ubb34)\ub97c \uc9c0\ud0a4\uae30 \uc704\ud574 \uacfc\uac10\ud55c \uc778\uc0c1(\ud55c \ubc88\uc5d0 \ud070 \ud3ed\uc758 \uc778\uc0c1)\uc744 \uc8fc\uc800\ud558\uc9c0 \uc54a\uc558\ub2e4. \uc774 \uc804\ub840\ub294 BSP\uac00 \uacbd\uae30 \ub454\ud654\ubcf4\ub2e4 \ubb3c\uac00\uc5d0 \ub354 \ubbfc\uac10\ud558\ub2e4\ub294 \uc810\uc744 \ubcf4\uc5ec\uc900\ub2e4. \uc720\uac00\uac00 100\ub2ec\ub7ec\ub97c \uc6c3\ub3c4\ub294 \uc0c1\ud0dc\uac00 \uc774\uc5b4\uc9c0\uba74, 2026\ub144 \ub9d0\uc5d0\ub294 \uae08\ub9ac \uc778\ud558\uac00 \uc544\ub2c8\ub77c \uae08\ub9ac \uc778\uc0c1\uc774 \ud604\uc2e4\uc801\uc778 \uac00\ub2a5\uc131\uc774 \ub420 \uc218 \uc788\ub2e4.\n\n\uc678\ud658 \ud2b8\ub808\uc774\ub354 \uad00\uc810\uc5d0\uc11c\ub294 \ud544\ub9ac\ud540 \ud398\uc18c(PHP) \uc804\ub9dd\ub3c4 \ub2ec\ub77c\uc9c4\ub2e4. BSP\uac00 \u2018\ub9e4\ud30c\uc801\u2019(\ubb3c\uac00 \uc5b5\uc81c\ub97c \uc704\ud574 \uae08\ub9ac\ub97c \ub192\uac8c \uc720\uc9c0\u00b7\uc778\uc0c1\ud558\ub824\ub294 \uc131\ud5a5)\uc73c\ub85c \ubc14\ub00c\uba74 \ud1b5\ud654 \uac00\uce58\uc5d0 \ud558\ub2e8\uc744 \uc9c0\uc9c0\ud558\ub294 \uc694\uc778(\ub354 \uc57d\ud574\uc9c0\uc9c0 \uc54a\uac8c \ubc1b\uccd0\uc8fc\ub294 \uc694\uc778)\uc774 \ub420 \uc218 \uc788\uace0, \uc720\uac00 \uc218\uc785 \ube44\uc6a9 \uc99d\uac00\ub85c \uc778\ud55c \ubd80\uc815\uc801 \uc2ec\ub9ac\ub97c \uc77c\ubd80 \uc0c1\uc1c4\ud560 \uc218 \uc788\ub2e4. \ud398\uc18c \uac15\uc138\uc5d0 \ub300\ube44\ud574 PHP \ucf5c\uc635\uc158(\uc815\ud574\uc9c4 \uac00\uaca9\uc73c\ub85c PHP\ub97c \uc0b4 \uad8c\ub9ac) \ub9e4\uc218 \ub610\ub294 USD\/PHP \u2018\uc678\uac00\uaca9\u2019 \ucf5c\uc635\uc158(\ud604\uc7ac \ud658\uc728 \ub300\ube44 \ud06c\uac8c \ub192\uc740 \ud589\uc0ac\uac00\uc758 \ucf5c\uc635\uc158) \ub9e4\ub3c4 \uc804\ub7b5\uc744 \uac80\ud1a0\ud560 \ub9cc\ud558\ub2e4.\n\n\uc55e\uc73c\ub85c \uba87 \uc8fc\uc758 \ud575\uc2ec\uc740 \u2018\uae08\ub9ac \uc778\ud558 \ub0b4\ub7ec\ud2f0\ube0c\u2019(\uc2dc\uc7a5\uc758 \uc8fc\ub41c \uae30\ub300\u00b7\uc774\uc57c\uae30)\uc5d0\uc11c \ud3ec\ud2b8\ud3f4\ub9ac\uc624(\ud22c\uc790 \uc790\uc0b0 \ubb36\uc74c)\ub97c \uc870\uc815\ud558\ub294 \ub370 \uc788\ub2e4. \ud604\uc7ac \uc704\ud5d8\uc740 BSP\uac00 \uc815\ucc45\uae08\ub9ac 4.25%\ub97c \uc720\uc9c0\ud558\uac70\ub098, \uc720\uac00\uac00 \ucd94\uac00\ub85c \uc624\ub974\uba74 \uc624\ud788\ub824 \uae34\ucd95(\uae08\ub9ac \uc778\uc0c1)\uc73c\ub85c \ubab0\ub9b4 \uac00\ub2a5\uc131 \ucabd\uc73c\ub85c \uae30\uc6b8\uc5b4 \uc788\ub2e4. \uc635\uc158(\ud2b9\uc815 \uac00\uaca9\uc5d0 \uc0ac\uace0\ud314 \uad8c\ub9ac)\uc744 \ud65c\uc6a9\ud574 \uc5f0\ub9d0\uc758 \u2018\uae30\uc2b5 \uc778\uc0c1\u2019 \uac00\ub2a5\uc131\uc5d0 \ub300\ube44\ud55c \ud5e4\uc9c0(\uc704\ud5d8\uc744 \uc904\uc774\uae30 \uc704\ud55c \ubc29\uc5b4 \uac70\ub798)\ub97c \ud574\ub450\ub294 \uac83\uc774 \ud569\ub9ac\uc801\uc778 \uc804\ub7b5\uc774\ub2e4.\n

\n\n

\uc9c0\uae08 \ubc14\ub85c \uac70\ub798\ub97c \uc2dc\uc791\ud558\uc138\uc694 – VT Markets \uc2e4\uacc4\uc88c\ub97c \uac1c\uc124\ud558\ub824\uba74 \uc5ec\uae30<\/a>\ub97c \ud074\ub9ad\ud558\uc138\uc694 <\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"

\u201c\ud638\ub974\ubb34\uc988 \ub9ac\uc2a4\ud06c \uc7a5\uae30\ud654\u201d\uc5d0 \uc720\uac00 95\ub2ec\ub7ec\ub300\u2026MUFG\ub294 BSP\uac00 2026\ub144 3.75% \uc778\ud558 \uc2dc\ub098\ub9ac\uc624 \ub300\uc2e0 \uc7a5\uae30 \ub3d9\uacb0\u00b7\uae30\uc2b5 \uc778\uc0c1 \uac00\ub2a5\uc131\uae4c\uc9c0 \uacbd\uace0, \ud398\uc18c\u00b7\uc2a4\uc651 \uc804\ub7b5 \uc218\uc815 \ucd09\uad6c.<\/p>\n","protected":false},"author":87,"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-40248","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\/40248","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\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=40248"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/40248\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=40248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=40248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=40248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}