{"id":45633,"date":"2026-04-28T03:21:56","date_gmt":"2026-04-28T03:21:56","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/td%ec%a6%9d%ea%b6%8c-%ec%9d%b4%eb%9e%80-%eb%a6%ac%ec%8a%a4%ed%81%ac%eb%a1%9c-%ec%97%b0%ec%a4%80-%ec%8b%a0%ec%a4%91%eb%a1%a0-%ec%a7%80%ec%86%8d-%ec%86%8d-%eb%af%b8-%ec%84%b1%ec%9e%a5%eb%a5%a0-2026\/"},"modified":"2026-04-28T03:21:56","modified_gmt":"2026-04-28T03:21:56","slug":"td%ec%a6%9d%ea%b6%8c-%ec%9d%b4%eb%9e%80-%eb%a6%ac%ec%8a%a4%ed%81%ac%eb%a1%9c-%ec%97%b0%ec%a4%80-%ec%8b%a0%ec%a4%91%eb%a1%a0-%ec%a7%80%ec%86%8d-%ec%86%8d-%eb%af%b8-%ec%84%b1%ec%9e%a5%eb%a5%a0-2026","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/td%ec%a6%9d%ea%b6%8c-%ec%9d%b4%eb%9e%80-%eb%a6%ac%ec%8a%a4%ed%81%ac%eb%a1%9c-%ec%97%b0%ec%a4%80-%ec%8b%a0%ec%a4%91%eb%a1%a0-%ec%a7%80%ec%86%8d-%ec%86%8d-%eb%af%b8-%ec%84%b1%ec%9e%a5%eb%a5%a0-2026\/","title":{"rendered":"TD\uc99d\uad8c, \uc774\ub780 \ub9ac\uc2a4\ud06c\ub85c \uc5f0\uc900 \uc2e0\uc911\ub860 \uc9c0\uc18d \uc18d \ubbf8 \uc131\uc7a5\ub960 2026\ub144 \ub9d0 \uc7a0\uc7ac\uc131\uc7a5\ub960 \uc218\uc900\uc73c\ub85c \ub454\ud654 \uc804\ub9dd"},"content":{"rendered":"<p>TD\uc99d\uad8c\uc740 \uc774\ub780 \uad00\ub828 \u2018\uc2a4\ud0dc\uadf8\ud50c\ub808\uc774\uc158(\uacbd\uae30 \ub454\ud654 \uc18d \ubb3c\uac00 \uc0c1\uc2b9)\u2019 \uc704\ud5d8\uc774 \ubbf8 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed\u00b7\uc5f0\uc900)\ub97c \uc2e0\uc911\ud558\uac8c \ub9cc\ub4e4\uba74\uc11c, \ubbf8\uad6d\uc758 \uc0dd\uc0b0(\uacbd\uc81c\ud65c\ub3d9) \uc99d\uac00\uc728\uc774 2026\ub144 \ub9d0 \uc7a0\uc7ac\uc131\uc7a5\ub960(\ubb3c\uac00\ub97c \uc790\uadf9\ud558\uc9c0 \uc54a\uace0 \uc9c0\uc18d \uac00\ub2a5\ud55c \uc131\uc7a5\ub960) \uc218\uc900\uc73c\ub85c \ub454\ud654\ud560 \uac83\uc73c\ub85c \ubd24\ub2e4. 2026\ub144 4\ubd84\uae30 \uc804\ub144\ub3d9\uae30 \ub300\ube44(Q4\/Q4) \uad6d\ub0b4\ucd1d\uc0dd\uc0b0(GDP) \uc131\uc7a5\ub960\uc740 1.9%\ub85c \uc804\ub9dd\ud588\uace0, \uc2e4\uc5c5\ub960\uc740 2026\ub144 4\ubd84\uae30 4.3% \uc548\ud30e\uc73c\ub85c \uc608\uc0c1\ud588\ub2e4. \ud5a5\ud6c4 1\ub144 \ub0b4 \uacbd\uae30\uce68\uccb4(\ub9ac\uc138\uc158) \uac00\ub2a5\uc131\uc740 30%\ub85c \uc81c\uc2dc\ud588\ub2e4.<\/p>\n<p>\uc62c\ud574 \ub9d0\uae4c\uc9c0 \uc131\uc7a5\uc138\uac00 \uc7a0\uc7ac\uc131\uc7a5\ub960 \uc218\uc900\uc73c\ub85c \ub0b4\ub824\uac08 \uac83\uc73c\ub85c \uc608\uc0c1\ud588\ub2e4. \uc138\uae08 \ud658\uae09\uc561 \ud655\ub300\uac00 \ud718\ubc1c\uc720 \uac00\uaca9 \uc0c1\uc2b9(\uac00\uc194\ub9b0 \uac00\uaca9 \uc0c1\uc2b9)\uc5d0 \uc9c1\uba74\ud55c \uc18c\ube44\uc790\ub97c \ub4b7\ubc1b\uce68\ud560 \uac83\uc73c\ub85c \ubd24\ub2e4. 2026\ub144 \uc131\uc7a5\ub960\uc740 \uc815\ubd80 \uae30\ub2a5 \uc911\ub2e8(\uc167\ub2e4\uc6b4) \uc774\ud6c4 \uc815\ubd80 \uc18c\ube44\uac00 \ubc18\ub4f1\ud558\uba74\uc11c \uc0c1\ubc18\uae30\uc5d0 \uc131\uc7a5\ub960\uc774 \ub354 \ub192\uace0 \ud558\ubc18\uae30\uc5d0 \ub454\ud654\ud558\ub294 \ud750\ub984(\uc0c1\ubc18\uae30 \uc9d1\uc911)\uc774 \ub420 \uc218 \uc788\ub2e4\uace0 \ub0b4\ub2e4\ubd24\ub2e4.<\/p>\n<h3>Growth Inflation And Policy Outlook<\/h3>\n<p>\uc5d0\ub108\uc9c0 \uac00\uaca9 \uc0c1\uc2b9\uacfc \uad00\uc138(\uc218\uc785\ud488\uc5d0 \ubd80\uacfc\ud558\ub294 \uc138\uae08)\ub294 \ub2e8\uae30\uc801\uc73c\ub85c \uc18c\ube44\uc790\ubb3c\uac00\ub97c \ub04c\uc5b4\uc62c\ub9b4 \uac83\uc73c\ub85c \uc608\uc0c1\ub410\ub2e4. \uadfc\uc6d0 \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218(Core CPI\u00b7\ubcc0\ub3d9\uc131\uc774 \ud070 \uc2dd\ub8cc\ud488\u00b7\uc5d0\ub108\uc9c0\ub97c \ube80 \ubb3c\uac00)\ub294 2026\ub144 2\ubd84\uae30\uc5d0 \uc804\ub144\ub3d9\uae30 \ub300\ube44 \uc57d 3.0%\ub85c \uc815\uc810(\ucd5c\uace0\uce58)\uc5d0 \uc774\ub97c \uac83\uc73c\ub85c \uc804\ub9dd\ud588\uc73c\uba70, \uadfc\uc6d0 \uac1c\uc778\uc18c\ube44\uc9c0\ucd9c(Core PCE\u00b7\uc5f0\uc900\uc774 \uc911\uc2dc\ud558\ub294 \ubb3c\uac00\uc9c0\ud45c)\ub3c4 \ube44\uc2b7\ud55c \uc218\uc900\uc774 \uc608\uc0c1\ub410\ub2e4.<\/p>\n<p>\uc720\uac00 \uc0c1\uc2b9 \ud6a8\uacfc\uc758 \ub300\ubd80\ubd84\uc740 \ud5e4\ub4dc\ub77c\uc778(\uc804\uccb4) \ubb3c\uac00\uc5d0 \ubc18\uc601\ub420 \uac83\uc73c\ub85c \ubd24\ub2e4. \ud558\ubc18\uae30\uc5d0\ub294 \ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00 \uc0c1\uc2b9\ub960 \ub454\ud654)\uc774 \uc7ac\uac1c\ub420 \uac83\uc73c\ub85c \uc804\ub9dd\ud588\ub2e4.<\/p>\n<p>\uc774\ub780 \ubd84\uc7c1\uc73c\ub85c \ub2f9\uc7a5 \uc2a4\ud0dc\uadf8\ud50c\ub808\uc774\uc158 \uc704\ud5d8\uc774 \ucee4\uc838 \uc5f0\uc900\uc774 \uc62c\ud574 \ub300\ubd80\ubd84 \uae30\uac04 \uae08\ub9ac\ub97c \ub3d9\uacb0(\uc815\ucc45 \ubcc0\ud654 \uc5c6\uc774 \uc720\uc9c0)\ud560 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4\uace0 \ud3c9\uac00\ud588\ub2e4. WTI(\uc11c\ubd80\ud14d\uc0ac\uc2a4\uc0b0 \uc6d0\uc720) \uc120\ubb3c\uc740 2026\ub144 4\uc6d4 \ub300\ubd80\ubd84 \uae30\uac04 \ubc30\ub7f4\ub2f9 90\ub2ec\ub7ec\ub97c \uc6c3\ub3cc\uba70 \ub192\uc740 \uc218\uc900\uc744 \uc774\uc5b4\uac14\uace0, \uc774\ub294 \uc18c\ube44\uc790 \ud718\ubc1c\uc720 \uac00\uaca9\uc5d0 \uc9c1\uc811\uc801\uc778 \uc601\ud5a5\uc744 \uc900\ub2e4\uace0 \uc9c0\uc801\ud588\ub2e4. \uc774\uc5d0 \ub530\ub77c \uc5d0\ub108\uc9c0\u00b7\uc8fc\uc2dd \uc2dc\uc7a5\uc5d0\uc11c\ub294 \ubcc0\ub3d9\uc131(\uac00\uaca9 \ub4f1\ub77d \ud3ed)\uc774 \ud575\uc2ec \uc774\uc288\ub85c \ub0a8\uc744 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n<p>\uadfc\uc6d0 \ubb3c\uac00\ub294 \ud604\uc7ac 2\ubd84\uae30\uc5d0 \uc815\uc810\uc744 \ucc0d\uc744 \uac83\uc774\ub77c\ub294 \uad00\uce21\uc774 \uc6b0\uc138\ud558\ub2e4\uace0 \ubd24\ub2e4. 2026\ub144 3\uc6d4 \uadfc\uc6d0 CPI\uac00 \uc804\ub144\ub3d9\uae30 \ub300\ube44 2.9%\ub85c \ub098\uc628 \uc810\uc740 \ubb3c\uac00\uac00 \uc815\uc810 \uadfc\ucc98\uc5d0 \uc788\ub2e4\ub294 \ud310\ub2e8\uc744 \ub4b7\ubc1b\uce68\ud55c\ub2e4\uace0 \ud588\ub2e4. \uc774\uc5d0 \ub530\ub77c \uc2dc\uc7a5 \ucc38\uc5ec\uc790\ub4e4\uc740 \uc5f0\uc900\uc758 \u2018\uc5ec\ub984\uae4c\uc9c0 \ub3d9\uacb0\u2019 \uac00\ub2a5\uc131\uc744 \ubc18\uc601\ud558\ub294 \uae08\ub9ac \ud30c\uc0dd\uc0c1\ud488(\uae08\ub9ac \ubcc0\ub3d9\uc5d0 \uc5f0\ub3d9\ub418\ub294 \uc120\ubb3c\u00b7\uc2a4\uc651\u00b7\uc635\uc158 \ub4f1)\uc5d0\uc11c \uae30\ud68c\ub97c \uc810\uac80\ud560 \uc218 \uc788\ub2e4\uace0 \uc5b8\uae09\ud588\ub2e4. \ud558\ubc18\uae30\uc5d0\ub294 \ubb3c\uac00 \uc0c1\uc2b9\ub960 \ub454\ud654 \ud750\ub984\uc774 \uac15\ud654\ub420 \uc218 \uc788\ub2e4\ub294 \uc810\ub3c4 \uac15\uc870\ud588\ub2e4.<\/p>\n<h3>Positioning And Risk Management<\/h3>\n<p>\uc131\uc7a5 \uc804\ub9dd\uc758 \ubd88\ud655\uc2e4\uc131\uc744 \uace0\ub824\ud558\uba74 \uc8fc\uc2dd \ub178\ucd9c\uc744 \ud5e4\uc9c0(\uc190\uc2e4 \uc704\ud5d8\uc744 \uc904\uc774\uae30 \uc704\ud55c \ubc29\uc5b4 \uc804\ub7b5)\ud558\ub294 \uac83\uc774 \ubc14\ub78c\uc9c1\ud558\ub2e4\uace0 \ubd24\ub2e4. VIX(\ubcc0\ub3d9\uc131\uc9c0\uc218\u00b7\uc2dc\uc7a5 \ubd88\uc548 \uc2ec\ub9ac\ub97c \ub098\ud0c0\ub0b4\ub294 \uc9c0\ud45c)\ub294 10%\ub300 \ud6c4\ubc18\uc5d0\uc11c \uc6c0\uc9c1\uc774\uba70 \ubd88\uc548\uc740 \ubc18\uc601\ud558\uc9c0\ub9cc \uacf5\ud3ec \uad6d\uba74\uc740 \uc544\ub2c8\ub77c\ub294 \ud3c9\uac00\uac00 \ub098\uc654\ub2e4. \uc774 \uacbd\uc6b0 \uc8fc\uc694 \uc9c0\uc218\uc5d0 \ub300\ud55c \ubcf4\ud638\uc6a9 \ud48b\uc635\uc158(\ud558\ub77d\uc5d0 \ub300\ube44\ud574 \ubbf8\ub9ac \uc815\ud55c \uac00\uaca9\uc5d0 \ud314 \uc218 \uc788\ub294 \uad8c\ub9ac) \ub9e4\uc218\uac00 \uc0c1\ub300\uc801\uc73c\ub85c \ubd80\ub2f4\uc774 \ub35c\ud560 \uc218 \uc788\ub2e4\uace0 \uc124\uba85\ud588\ub2e4. 2025\ub144\uc758 \uae09\uaca9\ud55c \uc2dc\uc7a5 \ub4f1\ub77d\uc740 \uc9c0\uc815\ud559 \ub274\uc2a4\uc5d0 \ub530\ub77c \ud22c\uc790\uc2ec\ub9ac\uac00 \ube60\ub974\uac8c \ubc14\ub014 \uc218 \uc788\uc74c\uc744 \ubcf4\uc5ec\uc92c\ub2e4\uba70 \ubc29\uc5b4\uc801 \ud3ec\uc9c0\uc158(\ub9ac\uc2a4\ud06c\ub97c \uc904\uc774\ub294 \ud22c\uc790 \ubc30\uce58)\uc758 \ud544\uc694\uc131\uc744 \uac15\uc870\ud588\ub2e4.<\/p>\n<p>2026\ub144 \ud558\ubc18\uae30 \ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158 \uc7ac\uac1c \uc804\ub9dd\uc740 \uc120\uc81c\uc801\uc73c\ub85c \ud65c\uc6a9\ud560 \uc218 \uc788\ub294 \uae30\ud68c\ub77c\uace0 \ubd24\ub2e4. \uc774\ub294 \uc131\uc7a5\uacfc \uae30\uc5c5\uc774\uc775\uc5d0 \ub300\ud55c \uc555\ub825\uc774 3~4\ubd84\uae30\uc5d0\ub294 \uc644\ud654\ub420 \uc218 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4\uace0 \ud588\ub2e4. \uc5ec\ub984\uc73c\ub85c \uac08\uc218\ub85d \ubb3c\uac00 \uc9c0\ud45c\uac00 \ud558\ub77d \ud750\ub984\uc744 \ud655\uc778\ud574 \uc900\ub2e4\uba74 \uc7a5\uae30 \uad6d\ucc44\uae08\ub9ac \ud558\ub77d\uc5d0 \ubca0\ud305\ud558\ub294 \uc804\ub7b5(\uc7a5\uae30\ucc44 \uae08\ub9ac \ud558\ub77d \uc2dc \uc774\uc775\uc744 \ubcf4\ub294 \ud3ec\uc9c0\uc158)\ub3c4 \uac00\ub2a5\ud558\ub2e4\uace0 \uc81c\uc2dc\ud588\ub2e4.<\/p>\n<p>\uae30\ubcf8 \uc2dc\ub098\ub9ac\uc624\ub294 \u2018\ubd95\uad34\u2019\uac00 \uc544\ub2c8\ub77c \u2018\uc644\ub9cc\ud55c \ub454\ud654\u2019\uc774\uba70, \uc2e4\uc5c5\ub960\uc740 2026\ub144 \ub9d0 4.3%\uae4c\uc9c0 \uc18c\ud3ed \uc0c1\uc2b9\ud558\ub294 \uc218\uc900\uc73c\ub85c \uc608\uc0c1\ud588\ub2e4. \ucd5c\uadfc \uc8fc\uac04 \uc2e0\uaddc \uc2e4\uc5c5\uc218\ub2f9 \uccad\uad6c(\uc2e4\uc5c5 \uc99d\uac00 \ud750\ub984\uc744 \ubcf4\uc5ec\uc8fc\ub294 \uace0\ube48\ub3c4 \uc9c0\ud45c)\uac00 3\uc8fc \uc5f0\uc18d \uc18c\ud3ed \ub298\uc5b4 \ub178\ub3d9\uc2dc\uc7a5\uc774 \uc11c\uc11c\ud788 \uc2dd\ub294\ub2e4\ub294 \uc804\ub9dd\uacfc \ub9de\uc544\ub5a8\uc5b4\uc9c4\ub2e4\uace0 \ud588\ub2e4. \ub2e4\ub9cc \ud5a5\ud6c4 12\uac1c\uc6d4 \uacbd\uae30\uce68\uccb4 \ud655\ub960 30%\ub294 \uc774 \uc804\ub9dd\uc5d0 \ub300\ud55c \uc911\uc694\ud55c \uaf2c\ub9ac \uc704\ud5d8(\ubc1c\uc0dd \ud655\ub960\uc740 \ub0ae\uc9c0\ub9cc \ucda9\uaca9\uc774 \ud070 \uc704\ud5d8)\ub85c \ubd10\uc57c \ud55c\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201c\uc774\ub780 \ubcc0\uc218\uc5d0 \uc5f0\uc900 \uc228\uace0\ub974\uae30\u201d\u2026TD\uc99d\uad8c, \uc2a4\ud0dc\uadf8\ud50c\ub808\uc774\uc158 \uc6b0\ub824\ub85c \uae08\ub9ac \ub3d9\uacb0 \uc7a5\uae30\ud654 \uc804\ub9dd. 2026\ub144 GDP 1.9%\u00b7\uc2e4\uc5c5\ub960 4.3%, \uce68\uccb4 \ud655\ub960 30%; \uc720\uac00\u00b7\uad00\uc138\ub85c \uc0c1\ubc18\uae30 \ubb3c\uac00 \uc815\uc810 \ud6c4 \ub454\ud654.<\/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-45633","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\/45633","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=45633"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/45633\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=45633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=45633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=45633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}