{"id":45507,"date":"2026-04-25T02:33:37","date_gmt":"2026-04-25T02:33:37","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%9d%bc%eb%b3%b4%eb%b1%85%ed%81%ac%ec%9d%98-%ec%8a%a4%ed%85%8c%ed%8c%90-%ec%bf%a0%ed%94%84%eb%a7%8c-%ec%98%81%eb%9e%80%ec%9d%80%ed%96%89-mpc-%ea%b8%b0%ec%a4%80%ea%b8%88%eb%a6%ac-3-75\/"},"modified":"2026-04-25T02:33:37","modified_gmt":"2026-04-25T02:33:37","slug":"%eb%9d%bc%eb%b3%b4%eb%b1%85%ed%81%ac%ec%9d%98-%ec%8a%a4%ed%85%8c%ed%8c%90-%ec%bf%a0%ed%94%84%eb%a7%8c-%ec%98%81%eb%9e%80%ec%9d%80%ed%96%89-mpc-%ea%b8%b0%ec%a4%80%ea%b8%88%eb%a6%ac-3-75","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-%ec%8a%a4%ed%85%8c%ed%8c%90-%ec%bf%a0%ed%94%84%eb%a7%8c-%ec%98%81%eb%9e%80%ec%9d%80%ed%96%89-mpc-%ea%b8%b0%ec%a4%80%ea%b8%88%eb%a6%ac-3-75\/","title":{"rendered":"\ub77c\ubcf4\ubc45\ud06c\uc758 \uc2a4\ud14c\ud310 \ucfe0\ud504\ub9cc \u201c\uc601\ub780\uc740\ud589 MPC, \uae30\uc900\uae08\ub9ac 3.75% \ub3d9\uacb0\u20264\uc6d4\uc5d0\ub3c4 \uacbd\uacc4 \uae30\uc870 \uc720\uc9c0\u201d"},"content":{"rendered":"

\ub77c\ubcf4\ubc45\ud06c(Rabobank)\ub294 \uc601\ub780\uc740\ud589(BoE) \ud1b5\ud654\uc815\ucc45\uc704\uc6d0\ud68c(MPC)\uac00 4\uc6d4 \ud68c\uc758\uc5d0\uc11c \uae30\uc900\uae08\ub9ac(Bank Rate)\ub97c 3.75%\ub85c \ub3d9\uacb0\ud558\uace0, \uc2e0\uc911\ud55c(\ub9e4\ud30c\uc801 \uacbd\uacc4\uac00 \ub0a8\uc544 \uc788\ub294) \uc815\ucc45 \uae30\uc870\ub97c \uc720\uc9c0\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ud588\ub2e4. \uc774\ub294 \ucd5c\uadfc \uc218\uc8fc\uac04 \uae08\uc735\uc2dc\uc7a5\uc774 \uc548\uc815\ub41c \uc810\uacfc \uc5f0\uacb0\ub41c\ub2e4\uace0 \ubc1d\ud614\ub2e4.<\/p>\n

\ub610\ud55c \uad6d\ub0b4 \uc218\uc694\uac00 \uc57d\ud574\uc84c\uace0, 2022\ub144\uacfc \ube44\uad50\ud558\uba74 \uc774\ubbf8 \uc815\ucc45\uc774 \ucda9\ubd84\ud788 \uc81c\ud55c\uc801(\uae08\ub9ac \uc218\uc900\uc774 \ub192\uc544 \uacbd\uae30\u00b7\ubb3c\uac00\ub97c \ub204\ub974\ub294 \uc0c1\ud0dc)\uc774\ub77c\uace0 \uc9c0\uc801\ud588\ub2e4. \ubb3c\uac00 \uc0c1\uc2b9\uc774 \uc784\uae08\u00b7\uc11c\ube44\uc2a4 \uac00\uaca9 \ub4f1\uc73c\ub85c \ub2e4\uc2dc \ubc88\uc9c0\ub294 \u20182\ucc28 \ud30c\uae09 \ud6a8\uacfc(second-round effects)\u2019\uac00 \ub098\ud0c0\ub0a0 \uac00\ub2a5\uc131\ub3c4 \ub0ae\uc544\uc84c\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n

\uc5d0\ub108\uc9c0 \uac00\uaca9\uacfc \ub2e8\uae30 \ubb3c\uac00<\/h3>\n

\ub77c\ubcf4\ubc45\ud06c\ub294 \ud638\ub974\ubb34\uc988 \ud574\ud611\uc774 \uc5ec\uc804\ud788 \ud3d0\uc1c4\ub41c \uc0c1\ud669\uc5d0\uc11c\ub3c4 \uc5d0\ub108\uc9c0 \uac00\uaca9\uc774 \uc608\uc0c1\ubcf4\ub2e4 \ub0ae\uac8c \ub098\ud0c0\ub0ac\ub2e4\uace0 \uc124\uba85\ud588\ub2e4. \uc774\ub7f0 \ud750\ub984\uc774 \uc9c0\uc18d\ub41c\ub2e4\uba74 \ub2e8\uae30 \ubb3c\uac00 \uc804\ub9dd\uce58\ub97c \uc18c\ud3ed \ud558\ud5a5 \uc870\uc815\ud560 \uc218 \uc788\ub2e4\uace0 \ubc1d\ud614\ub2e4.<\/p>\n

\ub77c\ubcf4\ubc45\ud06c\ub294 \ubb3c\uac00\uc5d0 \uc8fc\ub294 \uc790\uadf9(\uc778\ud50c\ub808\uc774\uc158 \ucda9\uaca9)\uc774 \uc791\uc544\uc9c0\uba74 \uace0\ubb3c\uac00\uac00 \uad6c\uc870\uc801\uc73c\ub85c \uad73\uc5b4\uc9c0\ub294(\uace0\ucc29\ud654\ub418\ub294) \uc704\ud5d8\uc774 \uc904\uc5b4\ub4e0\ub2e4\uace0 \ud3c9\uac00\ud588\ub2e4. \ub2e4\ub9cc \uc804\ub9dd\uc758 \ubd88\ud655\uc2e4\uc131\uc740 \uc5ec\uc804\ud558\ub2e4\uace0 \ud588\ub2e4. \ucd94\uac00\ub85c 1\ud68c \uae08\ub9ac \uc778\uc0c1\uc744 \uc608\uc0c1\ud558\uc9c0\ub9cc, \ub2e4\uc2dc \uc5f0\uc18d\uc801\uc778 \uae08\ub9ac \uc778\uc0c1 \uad6d\uba74(\uc7ac\ucc28 \u2018\uc778\uc0c1 \uc0ac\uc774\ud074\u2019)\uc774 \uc7ac\uac1c\ub418\uc9c0\ub294 \uc54a\uc744 \uac83\uc73c\ub85c \ubd24\ub2e4.<\/p>\n

\uae08\ub9ac \ubcc0\ub3d9\uc131 \ub300\uc751 \uc804\ub7b5<\/h3>\n

\ubc18\uba74 \uad6d\ub0b4 \uacbd\uae30\ub294 \ub69c\ub837\ud55c \ubd80\ub2f4 \uc2e0\ud638\ub97c \ubcf4\uc774\uace0 \uc788\ub2e4\uace0 \ud3c9\uac00\ud588\ub2e4. 2026\ub144 1\ubd84\uae30 \uad6d\ub0b4\ucd1d\uc0dd\uc0b0(GDP) \uc131\uc7a5\ub960\uc774 0.1%\ub85c \ubd80\uc9c4\ud574, \uacbd\uae30\uce68\uccb4\ub97c \uac04\uc2e0\ud788 \ud53c\ud55c \uc218\uc900\uc774\ub77c\ub294 \uc810\uc744 \uadfc\uac70\ub85c \ub4e4 \uc218 \uc788\ub2e4. \uc774\ub294 \uc218\uc694\ub97c \uc0b4\ub9ac\uae30 \uc704\ud574 MPC\uac00 \uc81c\ud55c\uc801 \uc815\ucc45\uc744 \uc644\ud654(\uae08\ub9ac\ub97c \ub0ae\ucdb0 \uacbd\uae30\ubd80\uc591)\ud574\uc57c \ud55c\ub2e4\ub294 \uc555\ub825\uc744 \ud0a4\uc6b4\ub2e4\ub294 \uc758\ubbf8\ub2e4.<\/p>\n

\uc774\ucc98\ub7fc \u2018\ubb3c\uac00\uc758 \ub048\uc801\ud568(\uc27d\uac8c \ub0b4\ub824\uac00\uc9c0 \uc54a\ub294 \ubb3c\uac00 \uc0c1\uc2b9\ub960)\u2019\uacfc \u2018\uc131\uc7a5 \uc815\uccb4\u2019\uac00 \ucda9\ub3cc\ud558\ub294 \uad6d\uba74\uc5d0\uc11c\ub294 \uae08\ub9ac \ubcc0\ub3d9\uc131 \uac70\ub798\uac00 \uc720\ud6a8\ud560 \uc218 \uc788\ub2e4. \uc608\ub97c \ub4e4\uc5b4 SONIA \uc120\ubb3c \uc635\uc158\uc744 \ud65c\uc6a9\ud55c \uc2a4\ud2b8\ub798\ub4e4(straddle, \uac19\uc740 \ub9cc\uae30\uc758 \ucf5c\uc635\uc158\uacfc \ud48b\uc635\uc158\uc744 \ub3d9\uc2dc\uc5d0 \ub9e4\uc218\ud574 \uae08\ub9ac\uac00 \ud06c\uac8c \uc624\ub974\uac70\ub098 \ub0b4\ub824\ub3c4 \uc218\uc775\uc744 \ub178\ub9ac\ub294 \uc804\ub7b5)\uc744 \uace0\ub824\ud560 \uc218 \uc788\ub2e4. \uc2dc\uc7a5\uc740 \uc5f0\ub9d0\uae4c\uc9c0 \ucd1d 2\ud68c \uae30\uc900\uae08\ub9ac \uc778\ud558\ub97c \ubc18\uc601\ud558\uace0 \uc788\uc5b4, \uc774 \uacbd\ub85c\uc5d0\uc11c \ubc97\uc5b4\ub098\uba74 \uac00\uaca9\uc774 \uae09\uaca9\ud788 \uc7ac\uc870\uc815(\uc7ac\uac00\uaca9\ud654, repricing)\ub420 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4.<\/p>\n

\ubc29\ud5a5\uc131(\uae08\ub9ac\uac00 \uc624\ub97c\uc9c0 \ub0b4\ub9b4\uc9c0 \ud55c\ucabd\uc744 \ubca0\ud305) \uad00\uc810\uc5d0\uc11c\ub294, \uc57d\ud55c \uc131\uc7a5 \ud658\uacbd\uc744 \uac10\uc548\ud560 \ub54c \uae08\ub9ac \ud558\ub77d(\uc778\ud558) \ucabd \ud3ec\uc9c0\uc158\uc774 \ub354 \ub17c\ub9ac\uc801\uc77c \uc218 \uc788\ub2e4. \uae08\ub9ac\uc2a4\uc651(\uace0\uc815\uae08\ub9ac\uc640 \ubcc0\ub3d9\uae08\ub9ac\ub97c \uad50\ud658\ud558\ub294 \ud30c\uc0dd\uc0c1\ud488)\uc5d0\uc11c \ud3ec\uc9c0\uc158\uc744 \uad6c\ucd95\ud558\uac70\ub098 SONIA \uc120\ubb3c\uc744 \ub9e4\uc218(\ub871)\ud574, \ud5a5\ud6c4 \uc601\ub780\uc740\ud589\uc758 \uae08\ub9ac \uc778\ud558 \uc2dc \uc218\ud61c\ub97c \ub178\ub9b4 \uc218 \uc788\ub2e4. \ub2e4\ub9cc \ucd5c\uadfc \ubb3c\uac00 \uc9c0\ud45c\ub294 \uccab \uc778\ud558 \uc2dc\uc810\uc774 \uc2dc\uc7a5 \uc608\uc0c1\ubcf4\ub2e4 \ub2a6\uc5b4\uc9c8 \uc218 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud558\ubbc0\ub85c \ud0c0\uc774\ubc0d\uc5d0\ub294 \uc2e0\uc911\ud560 \ud544\uc694\uac00 \uc788\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cBoE 4\uc6d4 \ub3d9\uacb0 \uc720\ub825\u201d \ub77c\ubcf4\ubc45\ud06c, \uae30\uc900\uae08\ub9ac 3.75% \uc720\uc9c0\u00b7\ub9e4\ud30c \uacbd\uacc4 \uc804\ub9dd. \uc218\uc694 \ub454\ud654\u00b72\ucc28 \ud30c\uae09 \uc57d\ud654 \uc18d \uc5d0\ub108\uc9c0\uac00 \ubb3c\uac00 \uc555\ub825 \uc644\ud654. \uc131\uc7a5 \ubd80\uc9c4\uc5d0 \uc778\ud558 \ubca0\ud305\u00b7\ubcc0\ub3d9\uc131 \uc804\ub7b5 \ubd80\uac01.<\/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-45507","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\/45507","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=45507"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/45507\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=45507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=45507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=45507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}