{"id":45797,"date":"2026-04-29T16:54:31","date_gmt":"2026-04-29T16:54:31","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/td%ec%a6%9d%ea%b6%8c-%ec%97%b0%ec%a4%80-4%ec%9b%94-%ea%b8%b0%ec%a4%80%ea%b8%88%eb%a6%ac-3-503-75-%eb%8f%99%ea%b2%b0-%ec%a0%84%eb%a7%9d%ec%9d%b8%eb%82%b4-%ea%b8%b0%ec%a1%b0%c2%b7%ea%b7%a0\/"},"modified":"2026-04-29T16:54:31","modified_gmt":"2026-04-29T16:54:31","slug":"td%ec%a6%9d%ea%b6%8c-%ec%97%b0%ec%a4%80-4%ec%9b%94-%ea%b8%b0%ec%a4%80%ea%b8%88%eb%a6%ac-3-503-75-%eb%8f%99%ea%b2%b0-%ec%a0%84%eb%a7%9d%ec%9d%b8%eb%82%b4-%ea%b8%b0%ec%a1%b0%c2%b7%ea%b7%a0","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/td%ec%a6%9d%ea%b6%8c-%ec%97%b0%ec%a4%80-4%ec%9b%94-%ea%b8%b0%ec%a4%80%ea%b8%88%eb%a6%ac-3-503-75-%eb%8f%99%ea%b2%b0-%ec%a0%84%eb%a7%9d%ec%9d%b8%eb%82%b4-%ea%b8%b0%ec%a1%b0%c2%b7%ea%b7%a0\/","title":{"rendered":"TD\uc99d\uad8c, \uc5f0\uc900 4\uc6d4 \uae30\uc900\uae08\ub9ac 3.50~3.75% \ub3d9\uacb0 \uc804\ub9dd\u2026\uc778\ub0b4 \uae30\uc870\u00b7\uade0\ud615 \uc7a1\ud78c \ub178\ub3d9\uc2dc\uc7a5\u00b7\uc720\uac00\ubc1c \uc778\ud50c\ub808\uc774\uc158 \uc601\ud5a5"},"content":{"rendered":"

TD\uc99d\uad8c(TD Securities) \uae00\ub85c\ubc8c \uc804\ub7b5\ud300\uc740 4\uc6d4 \uc5f0\ubc29\uacf5\uac1c\uc2dc\uc7a5\uc704\uc6d0\ud68c(FOMC) \ud68c\uc758\uc5d0\uc11c \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed\u00b7\ubbf8 \uc5f0\uc900)\uac00 \uae30\uc900\uae08\ub9ac(\uc815\ucc45\uae08\ub9ac)\ub97c 3.50~3.75%\ub85c \ub3d9\uacb0\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ud588\ub2e4. \ub178\ub3d9\uc2dc\uc7a5\uc774 \ub300\uccb4\ub85c \uade0\ud615\uc744 \uc774\ub8e8\uace0 \uc788\uc73c\uba70, \uc720\uac00 \uae09\ub4f1(\uc624\uc77c \uc1fc\ud06c) \uc601\ud5a5\uc73c\ub85c \uc804\uccb4 \ubb3c\uac00(\ud5e4\ub4dc\ub77c\uc778 \uc778\ud50c\ub808\uc774\uc158: \uc5d0\ub108\uc9c0\u00b7\uc2dd\ud488\uc744 \ud3ec\ud568\ud55c \ubb3c\uac00)\uac00 \uc0c1\uc2b9\ud558\uace0 \uc788\ub2e4\ub294 \uc810\uc744 \uadfc\uac70\ub85c \ub4e4\uc5c8\ub2e4.<\/p>\n

\uc804\ub7b5\ud300\uc740 \ubd88\ud655\uc2e4\uc131\uc774 \uc774\uc5b4\uc9c0\ub294 \ub9cc\ud07c \uc704\uc6d0\ud68c\uac00 \u201c\uc778\ub0b4\uc2ec \uc788\ub294\u201d \uae30\uc870(\uc11c\ub450\ub974\uc9c0 \uc54a\uace0 \uc9c0\ud45c\ub97c \ud655\uc778\ud558\uba70 \uacb0\uc815)\ub97c \ubc18\ubcf5\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ud588\ub2e4. \ub610\ud55c \uc81c\ub86c \ud30c\uc6d4 \uc758\uc7a5\uc774 \ud5a5\ud6c4 \uc815\ucc45 \ubc29\ud5a5\uc5d0 \ub300\ud574 \uc911\ub9bd\uc801 \ud0dc\ub3c4(\uc778\uc0c1\u00b7\uc778\ud558 \uc5b4\ub290 \ucabd\ub3c4 \ubbf8\ub9ac \uc2dc\uc0ac\ud558\uc9c0 \uc54a\ub294 \uc785\uc7a5)\ub97c \uc720\uc9c0\ud560 \uac83\uc73c\ub85c \ub0b4\ub2e4\ubd24\ub2e4.<\/p>\n

Expected Market Reaction<\/h3>\n

TD\uc99d\uad8c\uc740 \uc5f0\uc900\uc758 \uacb0\uc815 \uc790\uccb4\ub9cc\uc73c\ub85c\ub294 \uae08\ub9ac\uac00 \uc81c\ud55c\uc801\uc73c\ub85c \ubc18\uc751\ud560 \uc218 \uc788\ub2e4\uace0 \ubc1d\ud614\ub2e4. \ub2e4\ub9cc \uc911\ub3d9\ubc1c \ub274\uc2a4\uc5d0 \ub530\ub77c \uae08\ub9ac \ubcc0\ub3d9\uc774 \uc774\uc5b4\uc9c8 \uc218 \uc788\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n

\ubcf4\uace0\uc11c\uc5d0 \ub530\ub974\uba74 \ubbf8 \uc0c1\uc6d0 \uc740\ud589\uc704\uc6d0\ud68c\ub294 \ubbf8 \ub3d9\ubd80\uc2dc\uac04(EST) \uc624\uc804 10\uc2dc\uc5d0 \ucf00\ube48 \uc6cc\uc2dc(Kevin Warsh) \uc9c0\uba85\uc790\uc5d0 \ub300\ud55c \ud45c\uacb0\uc744 \uc9c4\ud589\ud55c\ub2e4. \ub610\ud55c \uc2dc\uc7a5\uc740 \uc5f0\uc900 \uae30\uc790\ud68c\uacac\uc5d0\uc11c \ud30c\uc6d4 \uc758\uc7a5 \ud6c4\uc784(\uc2b9\uacc4) \uad00\ub828 \ubc1c\uc5b8\uc774 \ub098\uc624\ub294\uc9c0 \uc8fc\uc2dc\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ud588\ub2e4. \uc774\ubc88 \ud68c\uc758\uac00 \ud30c\uc6d4 \uc758\uc7a5\uc758 \ub9c8\uc9c0\ub9c9 \ud68c\uc758\uac00 \ub420 \uc218 \uc788\ub2e4\ub294 \uad00\uce21 \ub54c\ubb38\uc774\ub2e4.<\/p>\n

\uc774 \uae30\uc0ac\ub294 AI \ub3c4\uad6c\uc758 \ub3c4\uc6c0\uc744 \ubc1b\uc544 \uc791\uc131\ub410\uc73c\uba70 \ud3b8\uc9d1\uc790 \uac80\ud1a0\ub97c \uac70\ucce4\ub2e4\uace0 \ubc1d\ud614\ub2e4.<\/p>\n

Inflation And Labor Market Crosscurrents<\/h3>\n

\uc791\ub144 \uc5b8\uae09\ub41c \uc720\uac00 \uae09\ub4f1\uc740 \uc2dc\uc791\uc5d0 \ubd88\uacfc\ud588\uc73c\uba70, \uadfc\uc6d0\ubb3c\uac00(\ucf54\uc5b4 \uc778\ud50c\ub808\uc774\uc158: \ubcc0\ub3d9\uc131\uc774 \ud070 \uc5d0\ub108\uc9c0\u00b7\uc2dd\ud488\uc744 \uc81c\uc678\ud55c \ubb3c\uac00)\uac00 2025\ub144 \ud558\ubc18\uae30\uc640 \uc62c\ud574\uae4c\uc9c0 \ub192\uc740 \uc218\uc900\uc744 \uc9c0\uc18d\ud588\ub2e4\uace0 \uc804\ud588\ub2e4. \uadfc\uc6d0 CPI(\uadfc\uc6d0 \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218)\uac00 \uc218\uac1c\uc6d4 \ub3d9\uc548 3.8% \ubd80\uadfc\uc5d0\uc11c \uba38\ubb3c\ub800\uace0, \uc0c8 \uc5f0\uc900 \uc758\uc7a5\uc740 \uc774 \uc218\uc900\uc774 \uae08\ub9ac \uc778\ud558\ub97c \uac80\ud1a0\ud558\uae30\uc5d0 \uc6a9\ub0a9\ud558\uae30 \uc5b4\ub835\ub2e4\ub294 \uc2e0\ud638\ub97c \ubcf4\ub0c8\ub2e4\ub294 \ub0b4\uc6a9\uc774\ub2e4. \uc774\uc5d0 \ub530\ub77c \ud2b8\ub808\uc774\ub354\ub4e4\uc740 \ub2e8\uae30\uac04 \ub0b4 \u2018\uc644\ud654 \uc804\ud658\u2019(\ube44\ub458\uae30\ud30c\uc801 \uc804\ud658: \uae08\ub9ac \uc778\ud558\ub85c \uae30\uc6b8\uc5b4\uc9c0\ub294 \ubcc0\ud654)\uc744 \uc131\uae09\ud788 \uac00\uaca9\uc5d0 \ubc18\uc601\ud558\ub294 \ub370 \uc8fc\uc758\ud574\uc57c \ud55c\ub2e4\uace0 \ubc1d\ud614\ub2e4.<\/p>\n

2025\ub144 \ucd08\uc758 \uade0\ud615 \uc7a1\ud78c \ub178\ub3d9\uc2dc\uc7a5\uacfc \ub2ec\ub9ac, \ucd5c\uadfc\uc5d0\ub294 \ub454\ud654 \uc870\uc9d0\uc774 \ub69c\ub837\ud558\ub2e4\uace0 \ud588\ub2e4. \ucd5c\uadfc \ube44\ub18d\uc5c5\ubd80\ubb38 \uace0\uc6a9\uc9c0\ud45c(Non-farm payrolls: \ub18d\uc5c5\uc744 \uc81c\uc678\ud55c \uc6d4\uac04 \uace0\uc6a9 \uc99d\uac00)\uac00 \uc608\uc0c1\uce58\ub97c \ubc11\ub3cc\uc558\uace0, \uc2e4\uc5c5\ub960\uc740 \uc791\ub144 \ub0b4\ub0b4 4% \ubbf8\ub9cc\uc774\ub358 \uc218\uc900\uc5d0\uc11c 4.1%\ub85c \uc0c1\uc2b9\ud588\ub2e4. \uc778\ud50c\ub808\uc774\uc158\uc740 \ub192\uace0 \uace0\uc6a9\uc740 \uc57d\ud574\uc9c0\ub294 \uc0c1\ud669\uc774 \uacb9\uce58\uba70 \uc5f0\uc900\uc758 \ud310\ub2e8\uc774 \ub354 \uc5b4\ub824\uc6cc\uc84c\ub2e4\ub294 \uc124\uba85\uc774\ub2e4.<\/p>\n

\uc774\ub7f0 \ud658\uacbd\uc740 \ud5a5\ud6c4 \uc218\uc8fc \ub3d9\uc548 \ubcc0\ub3d9\uc131 \ud655\ub300 \uac00\ub2a5\uc131\uc744 \uc2dc\uc0ac\ud55c\ub2e4\uace0 \ud588\ub2e4. \uc5f0\uc900\uc774 \ub192\uc740 \ubb3c\uac00\uc640 \ub454\ud654\ud558\ub294 \uace0\uc6a9 \uc0ac\uc774\uc5d0 \ub07c\uc778 \ub9cc\ud07c, \uae08\ub9ac \uc635\uc158\uc758 \ub0b4\uc7ac\ubcc0\ub3d9\uc131(\uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \uc608\uc0c1 \ubcc0\ub3d9\uc131)\ub3c4 \uc624\ub97c \uc218 \uc788\ub2e4\ub294 \uc804\ub9dd\uc774\ub2e4. \uc608\ub85c SOFR \uc120\ubb3c \uc635\uc158\uc744 \uc5b8\uae09\ud588\ub294\ub370, SOFR(\ub2f4\ubcf4\ubd80 \uc775\uc77c\uae08\ub9ac)\uc740 \ubbf8\uad6d \ub2e8\uae30\uae08\ub9ac\ub97c \ub300\ud45c\ud558\ub294 \uc9c0\ud45c\ub85c, SOFR \uc120\ubb3c\uc740 \ud5a5\ud6c4 \ub2e8\uae30\uae08\ub9ac \uae30\ub300\ub97c \ubc18\uc601\ud558\ub294 \ud30c\uc0dd\uc0c1\ud488\uc774\ub2e4. \ub610\ud55c VIX \uc9c0\uc218(\uc8fc\uc2dd\uc2dc\uc7a5\uc758 \uc608\uc0c1 \ubcc0\ub3d9\uc131\uc744 \ubcf4\uc5ec\uc8fc\ub294 \u2018\uacf5\ud3ec\uc9c0\uc218\u2019)\uac00 10\ub300 \ud6c4\ubc18\uc5d0\uc11c \uafb8\uc900\ud788 \uac70\ub798\ub418\uace0 \uc788\ub2e4\uace0 \ub367\ubd99\uc774\uba70, 2025\ub144 \ubd04\ubcf4\ub2e4 \ubd88\uc548\uc774 \ucee4\uc84c\ub2e4\uace0 \uc804\ud588\ub2e4.<\/p>\n

\uc5f0\uc900\uc758 \ub9ac\ub354\uc2ed \ubcc0\ud654\uac00 \ud30c\uc6d4 \uc758\uc7a5 \ub9d0\uae30\ubcf4\ub2e4 \ub354 \ub9e4\ud30c\uc801(\uae34\ucd95 \uc131\ud5a5: \uae08\ub9ac \uc778\uc0c1\u00b7\uae34\ucd95\uc744 \uc120\ud638) \uc131\ud5a5\uc744 \ub9cc\ub4e4\uc5c8\ub2e4\ub294 \ud3c9\uac00\ub3c4 \ub2f4\uacbc\ub2e4. \ub2e8\uae30\uae08\ub9ac \uad6c\uac04(\ud504\ub7f0\ud2b8\uc5d4\ub4dc: \ub9cc\uae30\uac00 \uc9e7\uc740 \uad6d\ucc44\u00b7\uae08\ub9ac)\uc774 \uc5f0\uc900 \uc758\uc9c0\uc5d0 \uc758\ud574 \ubc84\ud2f0\ub294 \uac00\uc6b4\ub370, \ud2b8\ub808\uc774\ub354\ub4e4\uc740 \uc218\uc775\ub960\uace1\uc120\uc774 \ud3c9\ud3c9\ud574\uc9c0\uac70\ub098 \uc5ed\uc804\ub418\ub294 \uc0c1\ud669(\ub2e8\uae30\uae08\ub9ac\uac00 \uc7a5\uae30\uae08\ub9ac\ubcf4\ub2e4 \ub192\uc740 \uc0c1\ud0dc)\uc5d0 \uc720\ub9ac\ud55c \uc804\ub7b5\uc744 \uace0\ub824\ud560 \uc218 \uc788\ub2e4\uace0 \ud588\ub2e4. \uc0c8 \uc758\uc7a5\uc774 \uc57d\ud55c \uc2e0\ud638\ub97c \ubcf4\uc774\uba74 \uc2dc\uc7a5\uc774 \uae08\ub9ac\ub97c \ub2e4\uc2dc \ud06c\uac8c \ubc18\uc601(\ub9ac\ud504\ub77c\uc774\uc2f1: \uae30\ub300 \uacbd\ub85c\ub97c \uc7ac\uc870\uc815)\ud560 \uc218 \uc788\uc9c0\ub9cc, \ud604\uc7ac\ub85c\uc11c\ub294 \u2018\ub192\uc740 \uae08\ub9ac\ub97c \ub354 \uc624\ub798\u2019 \uc720\uc9c0\ud558\ub294 \ud750\ub984\uc774 \uc6b0\uc138\ud558\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201c\ud30c\uc6d4 \ub9c8\uc9c0\ub9c9 \ud68c\uc758?\u201d \ucd09\uac01\u2026TD\uc99d\uad8c, 4\uc6d4 FOMC \uae08\ub9ac 3.50~3.75% \ub3d9\uacb0 \uc804\ub9dd. \uc720\uac00\ubc1c \ud5e4\ub4dc\ub77c\uc778 \ubb3c\uac00\u2191\u00b7\uace0\uc6a9 \ub454\ud654\ub85c \u2018\uc778\ub0b4\u2019 \uc720\uc9c0, \uc911\ub3d9 \ubcc0\uc218\uc5d0 \uae08\ub9ac\u00b7\ubcc0\ub3d9\uc131 \ud655\ub300 \uacbd\uace0.<\/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-45797","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\/45797","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=45797"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/45797\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=45797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=45797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=45797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}