{"id":45913,"date":"2026-04-30T19:30:51","date_gmt":"2026-04-30T19:30:51","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%9d%bc%eb%b3%b4%eb%b1%85%ed%81%ac-%ec%a0%84%eb%9e%b5%ea%b0%80-%ec%8a%a4%ed%85%8c%ed%8c%90-%ec%bf%b1%eb%a7%8c-%ec%98%81%eb%9e%80%ec%9d%80%ed%96%89-%ea%b8%b0%ec%a4%80%ea%b8%88%eb%a6%ac-3-75\/"},"modified":"2026-04-30T19:30:51","modified_gmt":"2026-04-30T19:30:51","slug":"%eb%9d%bc%eb%b3%b4%eb%b1%85%ed%81%ac-%ec%a0%84%eb%9e%b5%ea%b0%80-%ec%8a%a4%ed%85%8c%ed%8c%90-%ec%bf%b1%eb%a7%8c-%ec%98%81%eb%9e%80%ec%9d%80%ed%96%89-%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%a0%84%eb%9e%b5%ea%b0%80-%ec%8a%a4%ed%85%8c%ed%8c%90-%ec%bf%b1%eb%a7%8c-%ec%98%81%eb%9e%80%ec%9d%80%ed%96%89-%ea%b8%b0%ec%a4%80%ea%b8%88%eb%a6%ac-3-75\/","title":{"rendered":"\ub77c\ubcf4\ubc45\ud06c \uc804\ub7b5\uac00 \uc2a4\ud14c\ud310 \ucff1\ub9cc \u201c\uc601\ub780\uc740\ud589, \uae30\uc900\uae08\ub9ac 3.75% \ub3d9\uacb0\u2026\ubca0\uc77c\ub9ac \ucd1d\uc7ac, \uc778\ud50c\ub808 \uc9c0\uc18d\uc131 vs \uace0\uc6a9\u00b7\uacbd\uae30 \uc800\uc6b8\uc9c8\u201d"},"content":{"rendered":"<p>\uc601\uad6d \uc911\uc559\uc740\ud589(BOE)\uc740 \uae30\uc900\uae08\ub9ac\uc778 **\ubc45\ud06c \ub808\uc774\ud2b8(Bank Rate, BOE\uac00 \uc2dc\uc911\uae08\ub9ac\uc758 \uae30\uc900\uc73c\ub85c \uc0bc\ub294 \uc815\ucc45\uae08\ub9ac)**\ub97c **3.75%\ub85c \ub3d9\uacb0**\ud588\ub2e4. **\uc218\uc11d \uc774\ucf54\ub178\ubbf8\uc2a4\ud2b8 \ud734 \ud544(Huw Pill)**\ub9cc\uc774 **\uae08\ub9ac \uc778\uc0c1**\uc5d0 \ucc2c\uc131\ud558\uba70 **\ud1b5\ud654\uc815\ucc45\uc704\uc6d0\ud68c(MPC, \uae30\uc900\uae08\ub9ac \ub4f1 \ud1b5\ud654\uc815\ucc45\uc744 \uacb0\uc815\ud558\ub294 \uc704\uc6d0\ud68c)** \ub0b4\uc5d0\uc11c \uc720\uc77c\ud558\uac8c \ubc18\ub300\ud45c(\uc18c\uc218\uc758\uacac)\ub97c \ub0c8\ub2e4.<\/p>\n<p>\uc564\ub4dc\ub8e8 \ubca0\uc77c\ub9ac \ucd1d\uc7ac\ub294 \uc774\ubc88 \uacb0\uc815\uc744 **\u201c\uc561\ud2f0\ube0c \ud640\ub4dc(active hold, \ub2f9\uc7a5\uc740 \ub3d9\uacb0\ud558\uc9c0\ub9cc \ud544\uc694\ud558\uba74 \uace7\ubc14\ub85c \uc6c0\uc9c1\uc77c \uc218 \uc788\ub2e4\ub294 \u2018\uc801\uadf9\uc801 \ub3d9\uacb0\u2019 \uae30\uc870)\u201d**\ub77c\uace0 \uc124\uba85\ud588\ub2e4. \uc758\uc0ac\ub85d\uc740 **\ub048\uc9c8\uae34 \uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00\uc0c1\uc2b9)**\uacfc **\uace0\uc6a9 \ubc0f \uacbd\uae30(\uacbd\uc81c\ud65c\ub3d9) \ub454\ud654 \uc704\ud5d8** \uc0ac\uc774\uc5d0\uc11c \uade0\ud615\uc744 \uc7a1\uc73c\ub824 \ud588\ub2e4\ub294 \uc810\uc744 \ub2f4\uc558\ub2e4.<\/p>\n<h3>Active Hold And Market Uncertainty<\/h3>\n<p>BOE\ub294 \u201c\ud544\uc694\ud558\ub2e4\uba74 \uc5b8\uc81c\ub4e0 \uc870\uce58\ud560 \uc900\ube44\uac00 \ub3fc \uc788\ub2e4\u201d\uace0 \uc7ac\ud655\uc778\ud588\ub2e4. \uc758\uc0ac\ub85d\uacfc \uae30\uc790\ud68c\uacac \ubc1c\uc5b8\uc740 **\uc870\ub9cc\uac04 \ubc29\ud5a5\uc744 \ubc14\uafb8\ub294 \ub370 \uc2e0\uc911\ud55c \ud0dc\ub3c4**\ub97c \uc2dc\uc0ac\ud588\ub2e4.<\/p>\n<p>\ud68c\uc758\uc5d0\uc11c\ub294 \ub2e4\uc591\ud55c \uac00\uc815\uacfc \ub2e8\uc11c\uac00 \uc81c\uc2dc\ub410\uc9c0\ub9cc, **\ud5a5\ud6c4 \uc815\ucc45\uc5d0 \ub300\ud55c \uc9c1\uc811\uc801\uc778 \uc548\ub0b4(\ud3ec\uc6cc\ub4dc \uac00\uc774\ub358\uc2a4, \uc911\uc559\uc740\ud589\uc774 \ud5a5\ud6c4 \uae08\ub9ac \ubc29\ud5a5\uc744 \ubbf8\ub9ac \uc804\ub2ec\ud558\ub294 \uc2e0\ud638)**\ub294 \uc81c\ud55c\uc801\uc774\uc5c8\ub2e4. \ub77c\ubcf4\ubc45\ud06c\ub294 6\uc6d4\uc5d0\ub294 **\uae08\ub9ac \uc778\uc0c1 \ucabd\uc73c\ub85c \uae30\uc6b0\ub294 MPC \uc704\uc6d0\uc774 \ub298\uc5b4\ub0a0** \uac83\uc73c\ub85c \ubcf8\ub2e4.<\/p>\n<p>\uae08\ub9ac \uc778\uc0c1\uc758 \uc2dc\uc810\uacfc \ud3ed\uc740 **\ud638\ub974\ubb34\uc988**\ub97c \ub458\ub7ec\uc2fc \uc0c1\ud669 \uc804\uac1c\uc640 **\ubb3c\uac00\uac00 \uacbd\uc81c \uc804\ubc18\uc5d0 \uc5bc\ub9c8\ub098 \uac15\ud558\uac8c \ud37c\uc9c0\ub294\uc9c0(\uc804\uac00\u00b7\ud30c\uae09)**\uc5d0 \ub2ec\ub824 \uc788\ub2e4\ub294 \ud3c9\uac00\ub2e4. \ub77c\ubcf4\ubc45\ud06c\ub294 \uc62c\ud574 **1\ucc28\ub840 \uae08\ub9ac \uc778\uc0c1** \uc804\ub9dd\uc744 \uc720\uc9c0\ud558\uc9c0\ub9cc, \uc2dc\uc810\uc740 6\uc6d4\ubcf4\ub2e4 **\ub2a6\uc5b4\uc9c8 \uc218 \uc788\ub2e4**\uace0 \ubd24\ub2e4.<\/p>\n<h3>Strategy Implications For Rates And FX<\/h3>\n<p>6\uc6d4 MPC \ud68c\uc758\ub97c \uc55e\ub450\uace0 **\ub0b4\uc7ac \ubcc0\ub3d9\uc131(\uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \uc2dc\uc7a5\uc758 \uc608\uc0c1 \ubcc0\ub3d9\uc131)**\uc774 \uc624\ub974\uba74\uc11c **SONIA \uc120\ubb3c \uc635\uc158**\uc5d0\uc11c \uae30\ud68c\uac00 \uc788\ub2e4\uace0 \ubcf8\ub2e4. **SONIA(\uc601\uad6d \ubb34\ub2f4\ubcf4 \uc775\uc77c\ubb3c \uae08\ub9ac, \uc601\uad6d \ub2e8\uae30\uae08\ub9ac\uc758 \ub300\ud45c \uae30\uc900)** \uc120\ubb3c\uc740 \uc601\uad6d \ub2e8\uae30 \uae08\ub9ac \uc804\ub9dd\uc744 \ubc18\uc601\ud558\ub294 \ub300\ud45c \uc0c1\ud488\uc774\ub2e4. \ucd5c\uc2e0 \uc601\uad6d \ubb3c\uac00\uc0c1\uc2b9\ub960\uc774 **4.1%\ub85c \ub192\uac8c \uc720\uc9c0**\ub418\ub294 \uac00\uc6b4\ub370, BOE\ub294 **\ubb3c\uac00 \uc555\ub825**\uacfc **\uacbd\uae30\uce68\uccb4(\ub9ac\uc138\uc158, \uacbd\uc81c\uac00 \uc704\ucd95\ub418\ub294 \uad6d\uba74) \ud68c\ud53c** \uc0ac\uc774\uc5d0\uc11c \uc120\ud0dd\uc774 \uc5b4\ub824\uc6b4 \uc0c1\ud669\uc774\ub2e4. \uc774 \ub54c\ubb38\uc5d0 **\uae08\ub9ac \uc2a4\uc651(\uace0\uc815\uae08\ub9ac\uc640 \ubcc0\ub3d9\uae08\ub9ac\ub97c \uad50\ud658\ud558\ub294 \uae08\ub9ac \ud30c\uc0dd\uc0c1\ud488)**\uc5d0\uc11c \ubc29\ud5a5\uc131\uc5d0 \ubca0\ud305\ud558\ub294 \uc804\ub7b5\uc740 \uc704\ud5d8\uc774 \ucee4\uc9c8 \uc218 \uc788\uace0, **\ubcc0\ub3d9\uc131 \ud655\ub300\uc5d0 \ubca0\ud305\ud558\ub294 \uc804\ub7b5(\ub871 \ubcfc\ub7ec\ud2f8\ub9ac\ud2f0, \ubcc0\ub3d9\uc131\uc774 \ucee4\uc9c8\uc218\ub85d \uc720\ub9ac\ud55c \ud3ec\uc9c0\uc158)**\uc774 \uc720\ub9ac\ud560 \uc218 \uc788\ub2e4.<\/p>\n<p>\uc758\uc0ac\ub85d\uc5d0\uc11c **\ud638\ub974\ubb34\uc988**\uac00 \uc5b8\uae09\ub41c \uac83\uc740 **\uae08\ub9ac \uc804\ub9dd\uc744 \uc5d0\ub108\uc9c0 \uac00\uaca9\uacfc \uc9c1\uc811 \uc5f0\uacb0\ud558\uaca0\ub2e4\ub294 \uc2e0\ud638**\ub85c \ud574\uc11d\ub41c\ub2e4. \ucd5c\uadfc **\ube0c\ub80c\ud2b8\uc720(\ubd81\ud574\uc0b0 \uc6d0\uc720\ub85c \uad6d\uc81c \uc720\uac00\uc758 \ub300\ud45c \uae30\uc900)**\uac00 \ubc30\ub7f4\ub2f9 90\ub2ec\ub7ec\ub97c \ub2e4\uc2dc \ub118\uc5b4\uc120 \ub9cc\ud07c, \ud574\ub2f9 \uc9c0\uc5ed \uae34\uc7a5\uc774 \ub192\uc544\uc9c0\uba74 \uc601\uad6d\uc758 \ubb3c\uac00 \uae30\ub300\ub97c \uc790\uadf9\ud574 MPC\uc5d0 \uc555\ub825\uc73c\ub85c \uc791\uc6a9\ud560 \uc218 \uc788\ub2e4. \uc774\uc5d0 \ub530\ub77c **\uc6d0\uc720 \ud30c\uc0dd\uc0c1\ud488(\uc120\ubb3c\u00b7\uc635\uc158 \ub4f1 \uc6d0\uc720 \uac00\uaca9\uc5d0 \uc5f0\ub3d9\ub418\ub294 \uc0c1\ud488)**\uc744 \ud65c\uc6a9\ud574 BOE\uc758 \uae08\ub9ac \uc778\uc0c1 \uac00\ub2a5\uc131\uc5d0 \ub300\ud55c **\ud5e4\uc9c0(\uc704\ud5d8\uc744 \uc904\uc774\uae30 \uc704\ud55c \uac70\ub798)** \ub610\ub294 **\ud22c\uae30\uc801 \ub300\uc751**\uc744 \uace0\ub824\ud560 \uc218 \uc788\ub2e4\ub294 \ubd84\uc11d\uc774\ub2e4.<\/p>\n<p>\ud658\uc728 \uce21\uba74\uc5d0\uc11c\ub294 \uc774\ub7f0 **\uc815\ucc45 \ubd88\ud655\uc2e4\uc131**\uc774 \ud30c\uc6b4\ub4dc\ud654\uc5d0 \ubd80\ub2f4\uc774 \ub420 \uc218 \uc788\uc73c\uba70, \ud2b9\ud788 \uc911\uc559\uc740\ud589\uc758 \ud5a5\ud6c4 \uacbd\ub85c\uac00 \ub354 \ubd84\uba85\ud55c \ud1b5\ud654 \ub300\ube44 \uc57d\uc138\uac00 \ub098\ud0c0\ub0a0 \uc218 \uc788\ub2e4. **GBP\/USD(\ud30c\uc6b4\ub4dc\/\ub2ec\ub7ec \ud658\uc728)**\ub294 1.25 \ubd80\uadfc **\uc800\ud56d\uc120(\uac00\uaca9 \uc0c1\uc2b9\uc744 \ub9c9\ub294 \uad6c\uac04)**\uc744 \ub6ab\ub294 \ub370 \uc5b4\ub824\uc6c0\uc744 \uacaa\uc5b4\uc654\uace0, \uc2e0\uc911\ud55c BOE \ud0dc\ub3c4\ub294 \ub3cc\ud30c\uc758 \ucd09\ub9e4\uac00 \ub418\uae30 \uc5b4\ub835\ub2e4\ub294 \ud3c9\uac00\ub2e4. \ub2e4\uc74c \uc8fc\uc694 \uc774\ubca4\ud2b8\ub97c \uacc4\uae30\ub85c \ud070 \uc6c0\uc9c1\uc784\uc774 \ub098\uc62c \uac00\ub2a5\uc131\uc5d0 \ub300\ube44\ud574, **\uc2a4\ud2b8\ub798\ub4e4(straddle, \uac19\uc740 \ub9cc\uae30\u00b7\ud589\uc0ac\uac00\uc758 \ucf5c\uc635\uc158\uacfc \ud48b\uc635\uc158\uc744 \ub3d9\uc2dc\uc5d0 \uc0ac\uc11c \ubc29\ud5a5\uacfc \ubb34\uad00\ud558\uac8c \ud070 \ubcc0\ub3d9\uc5d0 \ubca0\ud305\ud558\ub294 \uc804\ub7b5)** \uac19\uc740 **\uc591\ubc29\ud5a5 \uae09\ub4f1\ub77d \ub300\uc751 \uc635\uc158 \uc804\ub7b5**\uc774 \uc720\ud6a8\ud560 \uc218 \uc788\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2018\uc801\uadf9\uc801 \ub3d9\uacb0\u2019\uc774\ub77c\ub354\ub2c8\u2026BOE, \uae30\uc900\uae08\ub9ac 3.75% \ub3d9\uacb0 \uc18d \ud734 \ud544\ub9cc \uc778\uc0c1 \uc18c\uc218\uc758\uacac. \ub048\uc9c8\uae34 \uc778\ud50c\ub808\uc640 \uacbd\uae30\ub454\ud654\u00b7\ud638\ub974\ubb34\uc988 \ubcc0\uc218\ub85c \uc815\ucc45\u00b7\ud30c\uc6b4\ub4dc \ubcc0\ub3d9\uc131 \ud655\ub300, \uc635\uc158\uc804\ub7b5 \ubd80\uc0c1.<\/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-45913","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\/45913","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=45913"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/45913\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=45913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=45913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=45913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}