\uc911\uad6d\uc758 2026\ub144 1\ubd84\uae30 \uad6d\ub0b4\ucd1d\uc0dd\uc0b0(GDP\u00b7\ud55c \ub098\ub77c\uc5d0\uc11c \uc77c\uc815 \uae30\uac04 \uc0dd\uc0b0\ub41c \uc7ac\ud654\u00b7\uc11c\ube44\uc2a4\uc758 \ucd1d\uc561)\uc740 \uc804\ub144 \ub3d9\uae30 \ub300\ube44 5.0% \uc99d\uac00\ud574 2025\ub144 4\ubd84\uae30(4.5%)\uc5d0\uc11c \ubc18\ub4f1\ud588\uace0, \uc2dc\uc7a5 \uc608\uc0c1\uce58(\ucee8\uc13c\uc11c\uc2a4) 4.8%\ub3c4 \uc6c3\ub3cc\uc558\ub2e4. \uc815\ubd80 \ubaa9\ud45c \ubc94\uc704(4.5%~5.0%) \uc0c1\ub2e8\uc5d0 \ud574\ub2f9\ud574 \ub2e8\uae30\uc801\uc73c\ub85c \ub300\uaddc\ubaa8 \uacbd\uae30\ubd80\uc591(\uc7ac\uc815\uc9c0\ucd9c \ud655\ub300\u00b7\uae08\ub9ac \uc778\ud558 \ub4f1)\uc758 \ud544\uc694\uc131\uc740 \ub2e4\uc18c \ub0ae\uc544\uc84c\ub2e4.<\/p>\n
\uc9c0\ud45c\ub294 \uc0b0\uc5c5\uacfc \uacf5\uacf5\uc9c0\ucd9c\uc774 \uc774\ub044\ub294 \u2018\ub450 \uac08\ub798(\ud22c\ud2b8\ub799) \uacbd\uae30\u2019\ub97c \uac00\ub9ac\ud0a8\ub2e4. 3\uc6d4 \uc0b0\uc5c5\uc0dd\uc0b0(\uc81c\uc870\uc5c5\u00b7\uad11\uc5c5\u00b7\uc804\uae30 \ub4f1 \uc0b0\uc5c5 \ubd80\ubb38\uc758 \uc0dd\uc0b0 \uc9c0\ud45c)\uc740 \uc804\ub144 \ub3d9\uae30 \ub300\ube44 5.7% \ub298\uc5b4 \uc608\uc0c1\uce58 5.5%\ub97c \uc0c1\ud68c\ud588\ub2e4. \ub2e4\ub9cc 1~2\uc6d4\ubcf4\ub2e4\ub294 \ub454\ud654\ud588\ub294\ub370, \uc774\ub294 \ucd98\uc808(\uc911\uad6d \uc124) \uc2dc\uc810 \ucc28\uc774\uc758 \uc601\ud5a5\ub3c4 \uc77c\ubd80 \ubc18\uc601\ub41c \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4.<\/p>\n
\uc18c\ube44\ub294 \uc57d\ud588\ub2e4. 3\uc6d4 \uc18c\ub9e4\ud310\ub9e4(\uc18c\ube44 \uc9c0\ucd9c \ud750\ub984\uc744 \ubcf4\uc5ec\uc8fc\ub294 \ud575\uc2ec \uc9c0\ud45c)\ub294 \uc804\ub144 \ub3d9\uae30 \ub300\ube44 1.7% \uc99d\uac00\ud574 \uc608\uc0c1\uce58 2.5%\ub97c \ubc11\ub3cc\uc558\uace0, \uc5f0\ucd08 2.8%\uc5d0\uc11c\ub3c4 \ub0ae\uc544\uc84c\ub2e4. \ubd80\ub3d9\uc0b0 \uacbd\uae30 \ubd80\uc9c4\ub3c4 \ubd80\ub2f4 \uc694\uc778\uc73c\ub85c \uaf3d\ud78c\ub2e4.<\/p>\n
1\ubd84\uae30 \uc778\ud504\ub77c \ud22c\uc790(\ub3c4\ub85c\u00b7\ucca0\ub3c4\u00b7\uc804\ub825 \ub4f1 \uae30\ubc18\uc2dc\uc124 \ud22c\uc790)\ub294 8.9% \ub298\uc5c8\ub2e4. 2025\ub144 \ub9d0 \uc774\ud6c4 \uc815\ubd80\ucc44(\uc815\ubd80\uac00 \uc790\uae08\uc744 \uc870\ub2ec\ud558\uae30 \uc704\ud574 \ubc1c\ud589\ud558\ub294 \ucc44\uad8c) \ubc1c\ud589\uc774 \ube68\ub77c\uc9c4 \uc601\ud5a5\uc774 \ucef8\ub2e4. \ub3c4\uc2dc \uc2e4\uc5c5\ub960(\ud45c\ubcf8\uc870\uc0ac \uae30\uc900)\uc740 5.4%\ub85c 1\ub144 \ub9cc\uc5d0 \uac00\uc7a5 \ub192\uc558\ub2e4.<\/p>\n
\uc774\ubc88 \ubcf4\uace0\uc11c\ub294 \uc131\uc7a5 \ud750\ub984\uc774 \ube44\uad50\uc801 \uc548\uc815\uc801\uc774\uace0, \uc218\uc785 \uc6d0\uc720 \uac00\uaca9 \uc0c1\uc2b9\uc774 \ubb3c\uac00\ub97c \uc790\uadf9\ud558\uba74\uc11c \uc62c\ud574 \uc911\uad6d\uc778\ubbfc\uc740\ud589(PBoC\u00b7\uc911\uad6d \uc911\uc559\uc740\ud589)\uc758 \uae30\uc900\uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uc774 \ub0ae\uc544\uc84c\ub2e4\uace0 \uc5f0\uacb0 \uc9d3\ub294\ub2e4.<\/p>\n
1\ubd84\uae30 \uc131\uc7a5\ub960\uc774 5.0%\ub97c \uae30\ub85d\ud55c \ub9cc\ud07c \ub2e8\uae30 \uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uc740 \ud06c\uac8c \uc904\uc5b4\ub4e0 \uac83\uc73c\ub85c \ud310\ub2e8\ub41c\ub2e4. \ud68c\ubcf5\ub825\uc774 \ud655\uc778\ub418\uba74\uc11c \uc815\ucc45\ub2f9\uad6d\uc740 \ub2f9\ubd84\uac04 \uad00\ub9dd\ud560 \uc5ec\uc9c0\uac00 \uc0dd\uacbc\uace0, \ube0c\ub80c\ud2b8\uc720(\ubd81\ud574\uc0b0 \uc6d0\uc720\ub85c \uad6d\uc81c\uc720\uac00\uc758 \ub300\ud45c \uae30\uc900) \uac00\uaca9\uc774 \ubc30\ub7f4\ub2f9 90\ub2ec\ub7ec\ub97c \uc6c3\ub3c4\ub294 \ub4f1 \uc218\uc785 \ubb3c\uac00 \uc555\ub825\uc740 \uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00 \uc804\ubc18 \uc0c1\uc2b9) \uc6b0\ub824\ub97c \ud0a4\uc6b4\ub2e4. \ud30c\uc0dd\uc0c1\ud488(\uc120\ubb3c\u00b7\uc635\uc158\ucc98\ub7fc \ubbf8\ub798 \uac00\uaca9\uc5d0 \uc5f0\ub3d9\ub418\ub294 \uacc4\uc57d) \uac70\ub798\uc790\ub77c\uba74 \uacf5\uaca9\uc801 \ud1b5\ud654\uc644\ud654\ub97c \uc804\uc81c\ub85c \ud55c \ud3ec\uc9c0\uc158(\ud22c\uc790 \ubc29\ud5a5\u00b7\uaddc\ubaa8)\uc744 \uc904\uc774\uace0, \ud5a5\ud6c4 \uba87 \ub2ec\uac04 \u2018\uc911\ub9bd\uc801\u2019 \uc815\ucc45 \ud658\uacbd\uc5d0 \ub300\ube44\ud560 \ud544\uc694\uac00 \uc788\ub2e4.<\/p>\n
\uc774 \uac19\uc740 \uc815\ucc45 \uc804\ub9dd\uc740 \uc704\uc548\ud654\uc5d0 \uc6b0\ud638\uc801\uc77c \uc218 \uc788\ub2e4. \ud2b9\ud788 \uc8fc\uc694\uad6d\uacfc\uc758 \uae08\ub9ac \uaca9\ucc28(\uac01\uad6d \uae08\ub9ac \ucc28\uc774\ub85c \uc790\uae08\uc774 \uc774\ub3d9\ud558\ub294 \uc694\uc778)\uac00 \ud575\uc2ec \ubcc0\uc218\ub85c \ub0a8\uc544 \uc788\ub2e4. 2025\ub144\uc5d0\ub294 \ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed\u00b7\ubbf8 \uc911\uc559\uc740\ud589)\uac00 \ub192\uc740 \uae08\ub9ac\ub97c \uc720\uc9c0\ud558\uba74\uc11c \uc704\uc548\ud654\uc5d0 \ud558\ubc29 \uc555\ub825\uc774 \uc774\uc5b4\uc84c\ub2e4. \uc778\ubbfc\uc740\ud589\uc774 \ub3d9\uacb0 \uae30\uc870\uc5d0 \uac00\uae4c\uc6cc\uc9c8 \uacbd\uc6b0, \ub2ec\ub7ec\/\uc704\uc548(CNH\u00b7\ud64d\ucf69 \ub4f1 \uc5ed\uc678 \uc2dc\uc7a5\uc5d0\uc11c \uac70\ub798\ub418\ub294 \uc704\uc548)\uc5d0\uc11c \ubc15\uc2a4\uad8c(\uc77c\uc815 \ubc94\uc704 \ub0b4 \ub4f1\ub77d) \ud750\ub984\uc744 \uaca8\ub0e5\ud55c \uc635\uc158 \uc804\ub7b5\uc774 \ub300\uc548\uc774 \ub420 \uc218 \uc788\ub2e4. \uc608\ub97c \ub4e4\uc5b4 \ub2ec\ub7ec\/\uc704\uc548\uc774 \ud06c\uac8c \uc624\ub97c \ub54c\ub9cc \uac00\uce58\uac00 \uc0dd\uae30\ub294 \uc678\uac00\uaca9(out-of-the-money\u00b7\ud604\uc7ac \uac00\uaca9\uc5d0\uc11c \uba40\ub9ac \ub5a8\uc5b4\uc9c4 \ud589\uc0ac\uac00\uc758) \ucf5c\uc635\uc158(\ud2b9\uc815 \uac00\uaca9\uc5d0 \uc0b4 \uc218 \uc788\ub294 \uad8c\ub9ac)\uc744 \ub9e4\ub3c4\ud574 \ud504\ub9ac\ubbf8\uc5c4(\uc635\uc158 \uac00\uaca9)\uc744 \ubc1b\ub294 \ubc29\uc2dd\uc774\ub2e4.<\/p>\n
\uc0b0\uc5c5\uc0dd\uc0b0 \uac15\uc138\uc640 \uc18c\ub9e4\ud310\ub9e4 \ubd80\uc9c4\uc758 \ub69c\ub837\ud55c \uad34\ub9ac\ub294 \uad11\ubc94\uc704\ud55c \uc2dc\uc7a5 \ubca0\ud305\ubcf4\ub2e4 \uc5c5\uc885\ubcc4 \uc120\ubcc4 \ud22c\uc790\ub97c \uc2dc\uc0ac\ud55c\ub2e4. \ud55c \ubc29\ubc95\uc740 \ud398\uc5b4 \ud2b8\ub808\uc774\ub4dc(\uc0c1\ub300\uc801 \uc131\uacfc \ucc28\uc774\uc5d0 \ubca0\ud305\ud558\ub294 \uc804\ub7b5)\ub2e4. \uc608\ucee8\ub300 \uc0b0\uc5c5 \uc911\uc2ec ETF(\uc0c1\uc7a5\uc9c0\uc218\ud380\ub4dc\u00b7\uc9c0\uc218\ub97c \ucd94\uc885\ud558\ub294 \uc0c1\uc7a5 \ud380\ub4dc)\uc758 \ucf5c\uc635\uc158\uc744 \ub9e4\uc218\ud558\ub294 \ub3d9\uc2dc\uc5d0, \uacbd\uae30\ubbfc\uac10 \uc18c\ube44\uc7ac(\uc18c\ube44\uc790 \uc784\uc758\uc9c0\ucd9c) \uc9c0\uc218\uc5d0 \ud48b\uc635\uc158(\ud2b9\uc815 \uac00\uaca9\uc5d0 \ud314 \uc218 \uc788\ub294 \uad8c\ub9ac)\uc744 \ub9e4\uc218\ud558\ub294 \ubc29\uc2dd\uc774\ub2e4. \uc815\ubd80 \uc9c0\uc6d0 \uc139\ud130\uc640 \uc2e0\uc911\ud55c \uac00\uacc4 \uc18c\ube44 \uc0ac\uc774\uc758 \uc131\uacfc \uaca9\ucc28 \ud655\ub300\uc5d0\uc11c \uc218\uc775\uc744 \ub178\ub9b0\ub2e4.<\/p>\n
\uc778\ud504\ub77c \ud22c\uc790 8.9% \uc99d\uac00\ub294 \uc0b0\uc5c5\uc6a9 \uc6d0\uc790\uc7ac \uc218\uc694\ub97c \uc9c1\uc811 \ub5a0\ubc1b\uce5c\ub2e4. \uc774\ub294 2025\ub144 \ub9d0\ubd80\ud130 \uac15\ud654\ub41c \ud750\ub984\uc774\ub2e4. \uad6c\ub9ac \uc120\ubb3c(\ubbf8\ub798 \ud2b9\uc815 \uc2dc\uc810\uc5d0 \uad6c\ub9ac\ub97c \uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \uc0ac\uace0\ud30c\ub294 \uacc4\uc57d)\uc740 \uac15\ud55c \uc218\uc785 \uc9c0\ud45c\uc5d0 \ud798\uc785\uc5b4 \uc5f0\ucd08 \uc774\ud6c4 10% \ub118\uac8c \uc0c1\uc2b9\ud574 \ube44\ucca0\uae08\uc18d(\ucca0\uc744 \uc81c\uc678\ud55c \uae08\uc18d) \uac15\uc138 \ubaa8\uba58\ud140\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \uad6d\uac00 \uc8fc\ub3c4\uc758 \ud22c\uc790 \ud655\ub300\uac00 \uc774\uc5b4\uc9c0\ub294 \ub9cc\ud07c, \uacbd\uae30 \uc804\ubc18 \ud68c\ubcf5\uc5d0 \ubca0\ud305\ud558\uae30\ubcf4\ub2e4\ub294 \uc120\ubb3c\uc774\ub098 \uc635\uc158\uc744 \ud1b5\ud574 \uc0b0\uc5c5\uae08\uc18d \uac15\uc138\uc5d0 \ub300\uc751\ud558\ub294 \ud3b8\uc774 \ub354 \ud569\ub9ac\uc801\uc77c \uc218 \uc788\ub2e4.<\/p>\n
GDP\uac00 \uac15\ud558\uac8c \ub098\uc654\uc9c0\ub9cc, \ub3c4\uc2dc \uc2e4\uc5c5\ub960\uc774 5.4%\ub85c 1\ub144 \ucd5c\uace0\uce58\ub97c \uae30\ub85d\ud55c \uc810\uc740 \uc18c\ube44\uc2ec\ub9ac \uc57d\uc138\ub97c \uc124\uba85\ud558\ub294 \uc911\uc694\ud55c \ub9ac\uc2a4\ud06c\ub2e4. \uace0\uc6a9 \uae30\ubc18\uc774 \ud754\ub4e4\ub9ac\uba74 \ud5a5\ud6c4 \uc9c0\ud45c\uac00 \uae30\ub300\uc5d0 \ubabb \ubbf8\uce60 \ub54c \uc2dc\uc7a5 \ubcc0\ub3d9\uc131\uc774 \ucee4\uc9c8 \uc218 \uc788\ub2e4. \ub530\ub77c\uc11c \uc18c\ube44 \ube44\uc911\uc774 \ud070 \uc9c0\uc218\uc5d0 \ub300\ud55c \ud48b\uc635\uc158 \ub9e4\uc218 \ub4f1\uc73c\ub85c \ud558\ubc29 \uc704\ud5d8 \ubc29\uc5b4(\ud5e4\uc9c0\u00b7\ubd88\ub9ac\ud55c \uac00\uaca9 \ubcc0\ub3d9\uc744 \uc0c1\uc1c4\ud558\ub294 \uac70\ub798)\ub97c \uac80\ud1a0\ud560 \ud544\uc694\uac00 \uc788\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"
\uc911\uad6d 1\ubd84\uae30 GDP 5.0%\ub85c \ucee8\uc13c\uc11c\uc2a4 \uc0c1\ud68c, \ubd80\uc591 \ud544\uc694\uc131 \ud6c4\ud1f4. \uc0b0\uc5c5\u00b7\uc778\ud504\ub77c \uacac\uc870\ud558\ub098 \uc18c\ube44\u00b7\uace0\uc6a9 \ubd80\uc9c4 \u2018\ud22c\ud2b8\ub799\u2019 \ub69c\ub837. \uc720\uac00\ubc1c \ubb3c\uac00 \ubd80\ub2f4\uc5d0 \uae08\ub9ac\uc778\ud558 \uac00\ub2a5\uc131 \ub0ae\uc544\uc838 \uc704\uc548\u00b7\uc0b0\uc5c5\uae08\uc18d \uc120\ubcc4 \ub300\uc751.<\/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-44817","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\/44817","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=44817"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/44817\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=44817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=44817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=44817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}