{"id":44729,"date":"2026-04-15T17:50:29","date_gmt":"2026-04-15T17:50:29","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/3%ec%9b%94-%eb%af%b8%ea%b5%ad-%ec%9b%94%ea%b0%84-%ec%88%98%ec%9e%85%eb%ac%bc%ea%b0%80%ec%a7%80%ec%88%98-0-8-%ec%83%81%ec%8a%b9%ec%98%88%ec%83%81%ec%b9%98-2-%ed%95%98%ed%9a%8c\/"},"modified":"2026-04-15T17:50:29","modified_gmt":"2026-04-15T17:50:29","slug":"3%ec%9b%94-%eb%af%b8%ea%b5%ad-%ec%9b%94%ea%b0%84-%ec%88%98%ec%9e%85%eb%ac%bc%ea%b0%80%ec%a7%80%ec%88%98-0-8-%ec%83%81%ec%8a%b9%ec%98%88%ec%83%81%ec%b9%98-2-%ed%95%98%ed%9a%8c","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/3%ec%9b%94-%eb%af%b8%ea%b5%ad-%ec%9b%94%ea%b0%84-%ec%88%98%ec%9e%85%eb%ac%bc%ea%b0%80%ec%a7%80%ec%88%98-0-8-%ec%83%81%ec%8a%b9%ec%98%88%ec%83%81%ec%b9%98-2-%ed%95%98%ed%9a%8c\/","title":{"rendered":"3\uc6d4 \ubbf8\uad6d \uc6d4\uac04 \uc218\uc785\ubb3c\uac00\uc9c0\uc218, 0.8% \uc0c1\uc2b9\u2026\uc608\uc0c1\uce58 2% \ud558\ud68c"},"content":{"rendered":"

\ubbf8\uad6d \uc218\uc785\ubb3c\uac00\uc9c0\uc218(Import Price Index)\uac00 3\uc6d4\uc5d0 \uc804\uc6d4 \ub300\ube44 0.8% \uc0c1\uc2b9\ud588\ub2e4. \uc2dc\uc7a5 \uc608\uc0c1\uce58 2%\ub97c \ubc11\ub3cc\uc558\ub2e4.<\/p>\n

\uc774\ubc88 \uacb0\uacfc\ub294 \uc218\uc785 \uac00\uaca9\uc774 \uc608\uc0c1\ubcf4\ub2e4 \ub290\ub9ac\uac8c \uc62c\ub790\ub2e4\ub294 \ub73b\uc774\ub2e4. \uc774 \uc9c0\ud45c\ub294 \ub9e4\ub2ec \uc2e4\uc81c \ubcc0\ub3d9\ub960\uacfc \uc2dc\uc7a5 \ucd94\uc815\uce58\ub97c \ube44\uad50\ud55c\ub2e4.<\/p>\n

\uc5f0\uc900 \uc815\ucc45\uc5d0 \ub300\ud55c \uc2dc\uc0ac\uc810<\/h3>\n

3\uc6d4 \uc218\uc785\ubb3c\uac00\uc9c0\uc218\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ub0ae\uac8c \ub098\uc624\uba74\uc11c, \ud574\uc678\uc5d0\uc11c \ub4e4\uc5b4\uc624\ub294 \ubb3c\uac00 \uc555\ub825(\uc218\uc785\uc744 \ud1b5\ud574 \uad6d\ub0b4 \ubb3c\uac00\ub97c \ubc00\uc5b4 \uc62c\ub9ac\ub294 \uc601\ud5a5)\uc774 \uc6b0\ub9ac\uac00 \uc0dd\uac01\ud588\ub358 \uac83\ubcf4\ub2e4 \ub354 \ube60\ub974\uac8c \uc57d\ud574\uc9c0\uace0 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \uadf8\ub9cc\ud07c \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed\u00b7\ubbf8\uad6d \uc911\uc559\uc740\ud589)\ub294 \uae08\ub9ac\ub97c \ucd94\uac00\ub85c \uc62c\ub9ac\ub294 \ub4f1 \ud1b5\ud654\uc815\ucc45\uc744 \ub354 \uac15\ud558\uac8c \ud560(\uae34\ucd95) \ud544\uc694\uac00 \ub2f9\uc7a5\uc740 \uc904\uc5b4\ub4e0\ub2e4. \uc774\uc5d0 \ub530\ub77c \ub2e4\uc74c \ubd84\uae30\uc5d0\ub294 \uc5f0\uc900\uc774 \ub35c \ub9e4\ud30c\uc801(\uae08\ub9ac \uc778\uc0c1\uc5d0 \uc801\uadf9\uc801\uc778 \ud0dc\ub3c4)\uc77c \uc218 \uc788\ub2e4\ub294 \uad00\uc810\uc73c\ub85c \ud3ec\uc9c0\uc158\uc744 \uc870\uc815\ud560 \ud544\uc694\uac00 \uc788\ub2e4.<\/p>\n

\uc774\ubc88 \uc9c0\ud45c\ub294 \ud2b9\ud788 2026\ub144 3\uc6d4 \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218(CPI\u00b7\uac00\uacc4\uac00 \uc0ac\ub294 \ub300\ud45c \uc0c1\ud488\u00b7\uc11c\ube44\uc2a4\uc758 \uac00\uaca9 \ubcc0\ud654\ub97c \ubcf4\uc5ec\uc8fc\ub294 \ubb3c\uac00 \uc9c0\ud45c)\uc5d0\uc11c \uadfc\uc6d0\ubb3c\uac00(core inflation\u00b7\ubcc0\ub3d9\uc774 \ud070 \uc5d0\ub108\uc9c0\u00b7\uc2dd\ub8cc\ud488\uc744 \ube80 \ubb3c\uac00)\uac00 2.7%\ub85c \ub454\ud654\ub41c \uc774\ud6c4\ub77c \ub354 \uc911\uc694\ud558\ub2e4. \uc5ec\uc804\ud788 \uc5f0\uc900 \ubaa9\ud45c(2%)\ub97c \uc6c3\ub3cc\uc9c0\ub9cc \ubc29\ud5a5\uc740 \uc644\ud654 \ucabd\uc774\ub2e4. \ubbf8 \ub178\ub3d9\ud1b5\uacc4\uad6d(BLS)\uc5d0 \ub530\ub974\uba74 \uadfc\uc6d0 \ubb3c\uac00 \uc555\ub825 \ub454\ud654\uac00 3\uac1c\uc6d4 \uc5f0\uc18d \uc774\uc5b4\uc84c\ub2e4. \uc218\uc785\ubb3c\uac00 \uc57d\uc138\ub294 \uc774\ub7f0 \ubb3c\uac00 \ub454\ud654 \ud750\ub984\uc744 \uac15\ud654\ud560 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4.<\/p>\n

\uc774\ub7f0 \ud658\uacbd\uc5d0\uc11c\ub294 \ub2e8\uae30 \uae08\ub9ac\uac00 \uc548\uc815\ub418\uac70\ub098 \ub0b4\ub824\uac08 \ub54c \uc774\uc775\uc774 \ub098\ub294 \ud30c\uc0dd\uc0c1\ud488(\ubbf8\ub798 \uac00\uaca9\uc744 \uc57d\uc18d\ud574 \uac70\ub798\ud558\ub294 \uacc4\uc57d)\uc5d0\uc11c \uae30\ud68c\ub97c \ubcfc \uc218 \uc788\ub2e4. \uc608\ub97c \ub4e4\uc5b4 SOFR \uc120\ubb3c(SOFR\u00b7\ubbf8\uad6d\uc758 \ubb34\ub2f4\ubcf4 \uc775\uc77c\ubb3c \uae08\ub9ac\uc5d0 \uae30\ubc18\ud55c \uae30\uc900\uae08\ub9ac, SOFR \uc120\ubb3c\uc740 \ud5a5\ud6c4 \ub2e8\uae30\uae08\ub9ac \uc218\uc900\uc5d0 \ubca0\ud305\ud558\ub294 \uc0c1\ud488) 3\ubd84\uae30\ubb3c\uc744 \ub9e4\uc218\ud558\ub294 \uc804\ub7b5\uc774 \ub300\uc548\uc774 \ub420 \uc218 \uc788\ub2e4. \ub610\ud55c 2\ub144\ubb3c \ubbf8 \uad6d\ucc44\uc120\ubb3c(ZT)\uc5d0\uc11c \ubd88 \ucf5c \uc2a4\ud504\ub808\ub4dc(bull call spread\u00b7\ucf5c\uc635\uc158\uc744 \ub9e4\uc218\ud558\uace0 \ub354 \ub192\uc740 \ud589\uc0ac\uac00\uc758 \ucf5c\uc635\uc158\uc744 \ub9e4\ub3c4\ud574 \ube44\uc6a9\uc744 \uc904\uc774\uba74\uc11c \uc81c\ud55c\ub41c \uc0c1\uc2b9\uc5d0 \ubca0\ud305\ud558\ub294 \uc804\ub7b5)\ub3c4 \uac80\ud1a0\ud560 \ub9cc\ud558\ub2e4.<\/p>\n

\uc8fc\uc2dd\uc2dc\uc7a5\uc5d0\ub294 \uc6b0\ud638\uc801\uc774\ub2e4. \ud2b9\ud788 \uae08\ub9ac \ubcc0\ud654\uc5d0 \ubbfc\uac10\ud55c \uc131\uc7a5\uc8fc\uc5d0 \uae0d\uc815\uc801\uc77c \uc218 \uc788\ub2e4. \ub098\uc2a4\ub2e5100 \uc9c0\uc218\uc5d0 \ub300\ud574 2026\ub144 5~6\uc6d4 \ub9cc\uae30 \ucf5c\uc635\uc158(\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \uc0b4 \uad8c\ub9ac)\uc73c\ub85c \ube44\uc911\uc744 \ub298\ub9ac\ub294 \ubc29\uc548\uc744 \uace0\ub824\ud560 \uc218 \uc788\ub2e4. SPX(S&P 500 \uc9c0\uc218 \uc635\uc158)\uc5d0\uc11c \uc678\uac00\uaca9(out-of-the-money\u00b7\ud604\uc7ac \uc9c0\uc218 \uc218\uc900\ubcf4\ub2e4 \ubd88\ub9ac\ud55c \ud589\uc0ac\uac00) \ud48b \uc2a4\ud504\ub808\ub4dc \ub9e4\ub3c4(\ud48b\uc635\uc158\uc744 \uc870\ud569\ud574 \ud504\ub9ac\ubbf8\uc5c4\uc744 \ubc1b\ub294 \uc804\ub7b5)\ub3c4 \ubcc0\ub3d9\uc131 \ud558\ub77d(\uac00\uaca9 \ud754\ub4e4\ub9bc \ucd95\uc18c) \uac00\ub2a5\uc131\uc744 \ud568\uaed8 \ub178\ub9b4 \uc218 \uc788\ub294 \ubc29\ubc95\uc774\ub2e4.<\/p>\n

\uacfc\uac70 \ud750\ub984\uacfc \uc2dc\uc7a5 \uc2e0\ud638<\/h3>\n

2025\ub144 \uc911\ubc18\uc5d0\ub294 \uc218\uc785\ubb3c\uac00\uac00 \uc787\ub2ec\uc544 \uac15\ud558\uac8c \ub098\uc624\uba70 \uc5f0\uc900\uc774 \ub9e4\ud30c\uc801\uc73c\ub85c \ub3cc\uc544\uc130\uace0, \uacb0\uad6d S&P 500\uc774 10% \uc870\uc815\uc744 \uacaa\uc740 \ubc14 \uc788\ub2e4. \uc774\ubc88 \ub370\uc774\ud130\ub294 \ubc18\ub300 \ubc29\ud5a5\uc758 \uc2dc\ub098\ub9ac\uc624\uac00 \uc9c4\ud589\ub418\uace0 \uc788\uc74c\uc744 \ubcf4\uc5ec\uc8fc\uba70, \ube44\uc2b7\ud55c \uc815\ucc45 \ucda9\uaca9 \uc704\ud5d8\uc774 \ub0ae\uc544\uc84c\ub2e4\ub294 \uc2e0\ud638\ub85c \ud574\uc11d\ub420 \uc218 \uc788\ub2e4. \uc774\ub7f0 \uacfc\uac70 \uc0ac\ub840\ub294 \ud604\uc7ac \uc704\ud5d8\uc790\uc0b0\uc5d0 \ub300\ud55c \uae0d\uc815\uc801(\uac15\uc138) \uad00\uc810\uc744 \ub4b7\ubc1b\uce68\ud55c\ub2e4.<\/p>\n

\ubbf8 \ub2ec\ub7ec\uc778\ub371\uc2a4(DXY\u00b7\ub2ec\ub7ec\ub97c \uc8fc\uc694 \ud1b5\ud654 \ubc14\uc2a4\ucf13\uacfc \ube44\uad50\ud55c \ub2ec\ub7ec \uac15\uc138 \uc9c0\ud45c)\ub294 \uc774\ubc88 \uc8fc 104 \uc544\ub798\ub85c \ub0b4\ub824\uac00\uba70 \ud55c \ub2ec\uc5ec \ub9cc\uc758 \ucd5c\uc800\uce58\ub97c \uae30\ub85d\ud588\ub2e4. \ubb3c\uac00 \ub454\ud654 \uc131\uaca9\uc758 \ub370\uc774\ud130\uc5d0 \ubc18\uc751\ud55c \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4. \uc5f0\uc900\uc774 \uc720\ub7fd\uc911\uc559\uc740\ud589(ECB)\ubcf4\ub2e4 \ub354 \uc644\ud654\uc801\uc73c\ub85c(\uae08\ub9ac \uc778\ud558\uc5d0 \uac00\uae4c\uc6b4 \ud0dc\ub3c4) \uae30\uc6b8 \uac83\uc73c\ub85c \ubcf8\ub2e4\uba74, \uc720\ub85c\/\ub2ec\ub7ec(EUR\/USD) \ud1b5\ud654\uc30d\uc758 \ucf5c\uc635\uc158 \ub9e4\uc218\ub294 \uc0c1\uc2b9 \uc5ec\ub825\uc744 \ub178\ub9ac\ub294 \ubc29\ubc95\uc774 \ub420 \uc218 \uc788\ub2e4. \ucd5c\uadfc ECB\uac00 \uc720\ub85c\uc874 \uc778\ud50c\ub808\uc774\uc158 \ub300\uc751\uc5d0 \ub300\ud574 \ube44\uad50\uc801 \uac15\uacbd\ud55c \ubc1c\uc5b8\uc744 \uc720\uc9c0\ud55c \uc810\ub3c4 \uc774\ub7f0 \uad00\uc810\uc744 \ub4b7\ubc1b\uce68\ud55c\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

\ubbf8\uad6d 3\uc6d4 \uc218\uc785\ubb3c\uac00 0.8%\u2191\ub85c \uc608\uc0c1 \ud558\ud68c. \uc218\uc785 \uc778\ud50c\ub808 \uc555\ub825 \ub454\ud654\uc5d0 \uc5f0\uc900 \uae34\ucd95 \ubd80\ub2f4 \uc644\ud654 \uc2e0\ud638. \ub2e8\uae30\uae08\ub9ac \ud558\ub77d \ubca0\ud305\u00b7\uc131\uc7a5\uc8fc \uc6b0\ud638, \ub2ec\ub7ec \uc57d\uc138 \uc18d \uc704\ud5d8\uc790\uc0b0 \uac15\uc138 \uc2dc\ub098\ub9ac\uc624 \ubd80\uc0c1.<\/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-44729","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\/44729","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=44729"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/44729\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=44729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=44729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=44729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}