{"id":45901,"date":"2026-04-30T16:26:05","date_gmt":"2026-04-30T16:26:05","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/ing-%ec%a0%9c%ec%9e%84%ec%8a%a4-%ec%8a%a4%eb%af%b8%ec%8a%a4-%ec%98%81%eb%9e%80%ec%9d%80%ed%96%89-%eb%ac%bc%ea%b0%80-%ec%83%81%ec%8a%b9%eb%a5%a0-4-%ec%83%81%ed%9a%8c-%ec%8b%9c-6%ec%9b%94\/"},"modified":"2026-04-30T16:26:05","modified_gmt":"2026-04-30T16:26:05","slug":"ing-%ec%a0%9c%ec%9e%84%ec%8a%a4-%ec%8a%a4%eb%af%b8%ec%8a%a4-%ec%98%81%eb%9e%80%ec%9d%80%ed%96%89-%eb%ac%bc%ea%b0%80-%ec%83%81%ec%8a%b9%eb%a5%a0-4-%ec%83%81%ed%9a%8c-%ec%8b%9c-6%ec%9b%94","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/ing-%ec%a0%9c%ec%9e%84%ec%8a%a4-%ec%8a%a4%eb%af%b8%ec%8a%a4-%ec%98%81%eb%9e%80%ec%9d%80%ed%96%89-%eb%ac%bc%ea%b0%80-%ec%83%81%ec%8a%b9%eb%a5%a0-4-%ec%83%81%ed%9a%8c-%ec%8b%9c-6%ec%9b%94\/","title":{"rendered":"ING \uc81c\uc784\uc2a4 \uc2a4\ubbf8\uc2a4 \u201c\uc601\ub780\uc740\ud589, \ubb3c\uac00 \uc0c1\uc2b9\ub960 4% \uc0c1\ud68c \uc2dc 6\uc6d4 \ud55c \ucc28\ub840 \uae08\ub9ac \uc778\uc0c1 \uac00\ub2a5\u201d"},"content":{"rendered":"

\uc601\ub780\uc740\ud589(BOE)\uc740 4\uc6d4 \uae30\uc900\uae08\ub9ac\ub97c 3.75%\ub85c \ub3d9\uacb0\ud588\ub2e4. \uc774\ubc88 \uacb0\uc815\uc740 \uc911\ub3d9 \uc704\uae30\uac00 \uc774\uc5b4\uc9c0\uba74\uc11c \uae08\ub9ac \uc815\ucc45 \uc804\ub9dd\uc5d0 \ubbf8\uce58\ub294 \uc601\ud5a5\uacfc \ub9de\ubb3c\ub824 \uc774\ub904\uc84c\ub2e4. <\/p>\n

ING\ub294 \uc62c\ud574 \uae08\ub9ac\uac00 \ubcc0\ub3d9 \uc5c6\uc744 \uac83\uc774\ub780 \uae30\uc874 \uc804\ub9dd\uc744 \ubc14\uafd4, 6\uc6d4\uc5d0 1\ud68c \uae08\ub9ac \uc778\uc0c1\uc774 \uc788\uc744 \uac83\uc73c\ub85c \ub0b4\ub2e4\ubd24\ub2e4. 6\uc6d4 \uc778\uc0c1\uc774 \uac00\uc7a5 \uc720\ub825\ud55c \uc2dc\ub098\ub9ac\uc624(\uae30\ubcf8 \uc2dc\ub098\ub9ac\uc624)\ub85c \uc81c\uc2dc\ub410\uc9c0\ub9cc, \ud655\uc815\uc740 \uc544\ub2c8\ub77c\ub294 \ud3c9\uac00\ub2e4. <\/p>\n

\uc2dc\uc7a5 \uae08\ub9ac \ubc18\uc601(\ud504\ub77c\uc774\uc2f1)\uacfc \uc815\ucc45 \uc2dc\uadf8\ub110<\/h3>\n

\uc564\ub4dc\ub8e8 \ubca0\uc77c\ub9ac \ucd1d\uc7ac\ub294 \uc2dc\uc7a5\uc774 \uae08\ub9ac \uc778\uc0c1\uc744 \ub108\ubb34 \uc55e\uc11c\uc11c \ubc18\uc601\ud588\ub2e4\uace0 \ubc1d\ud614\ub2e4. \ub610 \uc804\uc7c1 \uc774\uc804 \uac19\uc73c\uba74 \uc778\ud558\uac00 \uac00\ub2a5\ud588\uc744 \uc0c1\ud669\uc5d0\uc11c \uae08\ub9ac\ub97c \ub3d9\uacb0\ud55c \uac83 \uc790\uccb4\uac00 \uc0ac\uc2e4\uc0c1 \ud1b5\ud654\uc815\ucc45\uc744 \ub354 \uae34\ucd95\uc801\uc73c\ub85c \ub9cc\ub4dc\ub294 \uc870\uce58\ub77c\uace0 \uc124\uba85\ud588\ub2e4.
\n– *\ud504\ub77c\uc774\uc2f1(pricing)*: \ucc44\uad8c\u00b7\uc120\ubb3c\u00b7\uc2a4\uc651 \ub4f1 \uc2dc\uc7a5 \uac00\uaca9\uc5d0 \ud5a5\ud6c4 \uae08\ub9ac \uc778\uc0c1\/\uc778\ud558 \uae30\ub300\uac00 \uc5bc\ub9c8\ub098 \ubc18\uc601\ub3fc \uc788\ub294\uc9c0
\n– *\uc815\ucc45 \uc2dc\uadf8\ub110(policy signaling)*: \uc911\uc559\uc740\ud589\uc774 \ubc1c\uc5b8\u00b7\uc131\uba85 \ub4f1\uc744 \ud1b5\ud574 \ud5a5\ud6c4 \uc815\ucc45 \ubc29\ud5a5\uc744 \uc2dc\uc7a5\uc5d0 \uc554\uc2dc\ud558\ub294 \uac83
\n– *\uae34\ucd95(tightening)*: \uae08\ub9ac\ub97c \uc62c\ub9ac\uac70\ub098, \uc62c\ub9ac\uc9c0 \uc54a\ub354\ub77c\ub3c4 \uc774\uc804\uc5d0 \uac00\ub2a5\ud588\ub358 \uc644\ud654(\uc778\ud558)\ub97c \ud558\uc9c0 \uc54a\uc544 \uae08\uc735\uc5ec\uac74\uc744 \ub354 \ube61\ube61\ud558\uac8c \ub9cc\ub4dc\ub294 \uac83 <\/p>\n

ING\ub294 \uc601\uad6d \ubb3c\uac00\uc0c1\uc2b9\ub960\uc774 \uc62c\ud574 4%\ub97c \uc57d\uac04 \uc6c3\ub3c4\ub294 \uc218\uc900\uc5d0\uc11c \uc815\uc810\uc744 \ucc0d\uc744 \uac83\uc73c\ub85c \uc804\ub9dd\ud588\ub2e4. \ub2e4\ub9cc 2022\ub144\ucc98\ub7fc \ubb3c\uac00\uac00 \uc7a5\uae30\uac04 \uae09\ub4f1\ud558\ub294 \uad6d\uba74(\uc9c0\uc18d\uc801 \uae09\ub4f1)\uc740 \uc544\ub2c8\ub77c\uace0 \ubd24\ub2e4. <\/p>\n

2026\ub144 \ud2b8\ub808\uc774\ub529 \uc2dc\uc0ac\uc810<\/h3>\n

\uc624\ub298(2026\ub144 4\uc6d4 30\uc77c) \uae30\uc900\uae08\ub9ac\ub294 4.0%\uc774\uba70, \uc2dc\uc7a5\uc740 \uc62c\ud574 \ucd5c\uc18c 2\ucc28\ub840 \ucd94\uac00 \uc778\uc0c1\uc744 \uac00\uaca9\uc5d0 \ubc18\uc601\ud558\uace0 \uc788\ub2e4. \ucd5c\uadfc \uc601\uad6d \ud1b5\uacc4\uccad(ONS) \uc790\ub8cc\uc5d0\uc11c \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218(CPI) \uc0c1\uc2b9\ub960(\ud5e4\ub4dc\ub77c\uc778 CPI)\uc774 3.8%\ub85c \uc27d\uac8c \ub0b4\ub824\uc624\uc9c0 \uc54a\uc73c\uba74\uc11c \uc601\ub780\uc740\ud589\uc5d0 \ub300\ud55c \uc555\ubc15\uc740 \ucee4\uc84c\ub2e4.
\n– *ONS*: \uc601\uad6d \ud1b5\uacc4\uccad(Office for National Statistics)
\n– *\ud5e4\ub4dc\ub77c\uc778 CPI*: \uc5d0\ub108\uc9c0\u00b7\uc2dd\ud488 \ub4f1 \ubcc0\ub3d9\uc131\uc774 \ud070 \ud488\ubaa9\uc744 \ud3ec\ud568\ud55c \uc804\uccb4 \uc18c\ube44\uc790\ubb3c\uac00
\n– *\ub048\uc801\ud55c(sticky) \ubb3c\uac00*: \ubb3c\uac00\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ucc9c\ucc9c\ud788 \ub0b4\ub824\uac00\uac70\ub098 \ub192\uc740 \uc218\uc900\uc5d0 \uc624\ub798 \uba38\ubb34\ub294 \ud604\uc0c1 <\/p>\n

\ub2e4\ub9cc \uc2dc\uc7a5\uc774 \uacf5\uaca9\uc801\uc73c\ub85c \ubc18\uc601\ud55c \uae08\ub9ac \uacbd\ub85c\uac00 \uc2e4\uc81c\ubcf4\ub2e4 \uacfc\ub3c4\ud560 \uc218 \uc788\ub2e4\ub294 \uc810\uc5d0\ub294 \uacbd\uacc4\uac00 \ud544\uc694\ud558\ub2e4. <\/p>\n

\uae08\ub9ac \ud30c\uc0dd\uc0c1\ud488(\ubbf8\ub798 \uae08\ub9ac\ub97c \uae30\ucd08\ub85c \uac00\uaca9\uc774 \uc6c0\uc9c1\uc774\ub294 \uc0c1\ud488) \ud22c\uc790\uc790\ub294 \uc601\ub780\uc740\ud589\uc774 \uc2dc\uc7a5\uc758 \ub9e4\ud30c\uc801 \uae30\ub300\ub97c \ucda9\uc871\uc2dc\ud0a4\uc9c0 \ubabb\ud558\ub294 \uc2dc\ub098\ub9ac\uc624\ub97c \uc5fc\ub450\uc5d0 \ub458 \uc218 \uc788\ub2e4. \uc608\ub97c \ub4e4\uc5b4 SONIA \uc120\ubb3c\uc758 \uc678\uac00\uaca9 \ucf5c\uc635\uc158\uc744 \ub9e4\ub3c4\ud558\ub294 \uc804\ub7b5\uc774 \uc788\ub2e4. \uc774\ub294 \uae08\ub9ac\uac00 \uc2dc\uc7a5 \uc608\uc0c1\ub9cc\ud07c \uc624\ub974\uc9c0 \uc54a\uc744 \ub54c \uc774\uc775\uc774 \ub0a0 \uc218 \uc788\ub2e4.
\n– *\ud30c\uc0dd\uc0c1\ud488(derivatives)*: \uae30\ucd08\uc790\uc0b0(\uae08\ub9ac\u00b7\ud658\uc728\u00b7\uc9c0\uc218 \ub4f1) \uac00\uaca9\uc5d0 \uc5f0\ub3d9\ub418\ub294 \uacc4\uc57d
\n– *\ub9e4\ud30c\uc801(hawkish)*: \ubb3c\uac00 \uc5b5\uc81c\ub97c \uc704\ud574 \uae08\ub9ac \uc778\uc0c1\uc5d0 \uc801\uadf9\uc801\uc778 \uc131\ud5a5
\n– *SONIA*: \uc601\uad6d \ubb34\ub2f4\ubcf4 \uc775\uc77c \uae08\ub9ac(Sterling Overnight Index Average)\ub85c, \uc601\uad6d \ub2e8\uae30\uae08\ub9ac\uc758 \ub300\ud45c \uc9c0\ud45c
\n– *\uc120\ubb3c(futures)*: \ubbf8\ub798 \uc2dc\uc810\uc758 \uac00\uaca9\uc744 \ubbf8\ub9ac \uc815\ud574 \uac70\ub798\ud558\ub294 \uacc4\uc57d
\n– *\uc635\uc158(options)*: \ud2b9\uc815 \uac00\uaca9\uc5d0 \uc0b4 \uad8c\ub9ac(\ucf5c) \ub610\ub294 \ud314 \uad8c\ub9ac(\ud48b)
\n– *\uc678\uac00\uaca9(out-of-the-money)*: \ub2f9\uc7a5 \ud589\uc0ac\ud574\ub3c4 \uc774\uc775\uc774 \ub098\uc9c0 \uc54a\ub294 \uc635\uc158
\n– *\ud130\ubbf8\ub110 \uae08\ub9ac(terminal rate)*: \uc774\ubc88 \uc778\uc0c1 \uc0ac\uc774\ud074\uc5d0\uc11c \uae08\ub9ac\uac00 \ub3c4\ub2ec\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub418\ub294 \ucd5c\uace0 \uc218\uc900
\n– *\ud3ec\uc6cc\ub4dc \ucee4\ube0c(forward curve)*: \uc120\ubb3c\u00b7\uc2a4\uc651 \uac00\uaca9\uc73c\ub85c \uacc4\uc0b0\ud55c \ud5a5\ud6c4 \uae08\ub9ac \uacbd\ub85c <\/p>\n

\ub610 \ub2e4\ub978 \uc811\uadfc\uc740 \ubcc0\ub3d9\uc131\uc5d0 \uc8fc\ubaa9\ud558\ub294 \uac83\uc774\ub2e4. \uc2dc\uc7a5 \ubd88\uc548\uc774 \ucee4\uc84c\ub2e4\uac00 \uc911\uc559\uc740\ud589\uc774 \uc778\ub0b4\ud558\uba74\uc11c \uc9c4\uc815\ub418\ub294 \ud328\ud134\uc774 \ubc18\ubcf5\ub418\uba74, \ub2e8\uae30 \uae08\ub9ac \uc635\uc158\uc758 \ub0b4\uc7ac\ubcc0\ub3d9\uc131\uc774 \ub192\uac8c \ud615\uc131\ub410\uc744 \uc218 \uc788\ub2e4. \uc774 \uacbd\uc6b0 \ub2e8\uae30\uae08\ub9ac \uc120\ubb3c\uc5d0\uc11c \uc2a4\ud2b8\ub7ad\uae00 \ub9e4\ub3c4 \uc804\ub7b5\uc744 \ud1b5\ud574, \uae08\ub9ac\uac00 \ud070 \ud3ed\uc73c\ub85c \uc6c0\uc9c1\uc774\uc9c0 \uc54a\uc744 \ub54c \ud504\ub9ac\ubbf8\uc5c4 \uc218\ucde8\ub97c \ub178\ub9ac\ub294 \ubc29\uc2dd\uc774 \uac00\ub2a5\ud558\ub2e4.
\n– *\ubcc0\ub3d9\uc131(volatility)*: \uac00\uaca9\uc774 \ud754\ub4e4\ub9ac\ub294 \uc815\ub3c4
\n– *\ub0b4\uc7ac\ubcc0\ub3d9\uc131(implied volatility)*: \uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \u2018\uc2dc\uc7a5 \uae30\ub300 \ubcc0\ub3d9\uc131\u2019
\n– *\uc2a4\ud2b8\ub7ad\uae00(strangle)*: \uc11c\ub85c \ub2e4\ub978 \ud589\uc0ac\uac00\uc758 \ucf5c\uacfc \ud48b\uc744 \ud568\uaed8 \ub9e4\ub3c4\/\ub9e4\uc218\ud558\ub294 \uc635\uc158 \uc870\ud569(\uc5ec\uae30\uc11c\ub294 \ub9e4\ub3c4\ub85c \ud504\ub9ac\ubbf8\uc5c4 \uc218\ucde8 \ubaa9\uc801)
\n– *\ub2e8\uae30\uae08\ub9ac \uc120\ubb3c(short-term interest rate futures)*: \ub2e8\uae30 \uae08\ub9ac(\uc608: SONIA)\ub97c \uae30\ucd08\ub85c \ud558\ub294 \uc120\ubb3c <\/p>\n

\uc784\uae08 \uc9c0\ud45c\ub3c4 \uc911\uc694\ud558\ub2e4. \uc5f0\uac04 \uc784\uae08 \uc0c1\uc2b9\ub960\uc774 5.5%\ub85c \ub192\uc740 \uc218\uc900\uc774\uc5b4\uc11c \uc601\ub780\uc740\ud589 \ud1b5\ud654\uc815\ucc45\uc704\uc6d0\ud68c(MPC)\uc758 \ud575\uc2ec \uc6b0\ub824\ub85c \uaf3d\ud78c\ub2e4. \uc784\uae08\uc774 \uc798 \ub0b4\ub824\uc624\uc9c0 \uc54a\uc73c\uba74 \uc11c\ube44\uc2a4\ubb3c\uac00\uac00 \ubc84\ud2f0\uba74\uc11c \uae08\ub9ac \uc778\uc0c1 \uae30\ub300\uac00 \ucee4\uc9c0\uae30 \uc27d\ub2e4. \ub2e4\ub9cc \uc911\uc559\uc740\ud589\uc740 \uacbd\uae30\uce68\uccb4(\uae4a\uc740 \ubd88\ud669)\ub97c \ud53c\ud558\uba74\uc11c \uc218\uc694\ub97c \uc2dd\ud788\ub294 \ub370 \ucd08\uc810\uc744 \ub458 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4.
\n– *MPC*: \uc601\ub780\uc740\ud589 \ud1b5\ud654\uc815\ucc45\uc704\uc6d0\ud68c(Monetary Policy Committee)
\n– *\uc218\uc694 \ub454\ud654(cooling demand)*: \uc18c\ube44\u00b7\ud22c\uc790 \ub4f1\uc744 \uc904\uc5b4\ub4e4\uac8c \ud574 \ubb3c\uac00 \uc555\ub825\uc744 \ub0ae\ucd94\ub294 \uacfc\uc815
\n– *\uacbd\uae30\uce68\uccb4(recession)*: \uacbd\uc81c\ud65c\ub3d9\uc774 \uc804\ubc18\uc801\uc73c\ub85c \uc704\ucd95\ub418\ub294 \uad6d\uba74<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201c\ub3d9\uacb0\uc774 \ub354 \ub9e4\ud30c?\u201d BOE 3.75% \uc720\uc9c0 \uc18d \uc911\ub3d9 \ub9ac\uc2a4\ud06c\uc5d0 ING\ub294 6\uc6d4 1\ud68c \uc778\uc0c1 \uc804\ub9dd. \uc2dc\uc7a5 \uacfc\ub3c4 \ud504\ub77c\uc774\uc2f1 \uacbd\uacc4\u2026 SONIA \uc635\uc158 \ub9e4\ub3c4\ub85c \ucd94\uac00 \uc778\uc0c1 \ubbf8\ub2ec \ubca0\ud305.<\/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-45901","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\/45901","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=45901"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/45901\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=45901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=45901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=45901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}