{"id":45929,"date":"2026-04-30T23:55:27","date_gmt":"2026-04-30T23:55:27","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%9e%ac%eb%b6%80%ea%b0%81-%ec%86%8d-%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%eb%a1%9c-%eb%8f%99%ea%b2%b0\/"},"modified":"2026-04-30T23:55:27","modified_gmt":"2026-04-30T23:55:27","slug":"%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%9e%ac%eb%b6%80%ea%b0%81-%ec%86%8d-%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%eb%a1%9c-%eb%8f%99%ea%b2%b0","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%9e%ac%eb%b6%80%ea%b0%81-%ec%86%8d-%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%eb%a1%9c-%eb%8f%99%ea%b2%b0\/","title":{"rendered":"\uc778\ud50c\ub808\uc774\uc158 \uc7ac\ubd80\uac01 \uc18d \uc601\ub780\uc740\ud589, \uae30\uc900\uae08\ub9ac 3.75%\ub85c \ub3d9\uacb0"},"content":{"rendered":"

\uc601\ub780\uc740\ud589(BoE)\uc740 \uae30\uc900\uae08\ub9ac(Bank Rate)\ub97c 3.75%\ub85c \ub3d9\uacb0\ud588\ub2e4. \uc774\ubc88 \uacb0\uc815\uc740 \uc2dc\uc7a5 \uc608\uc0c1\uacfc \uac19\uc558\uc9c0\ub9cc, \ub2e8\uc21c\ud788 \u201c\uc26c\uc5b4 \uac00\uae30\u201d\uac00 \uc544\ub2c8\ub77c \uc758\ub3c4\uc801\uc73c\ub85c \uc120\ud0dd\ud55c \ub3d9\uacb0\ub85c \ud574\uc11d\ub410\ub2e4.<\/p>\n

\ud45c\uacb0\uc740 8\ub300 1\ub85c, \ud734 \ud544(Huw Pill)\uc774 \uc778\uc0c1\uc744 \uc9c0\uc9c0\ud588\ub2e4. \uc815\ucc45\uc704\uc6d0\ub4e4\uc740 \uc5d0\ub108\uc9c0 \uac00\uaca9 \uc0c1\uc2b9\uc774 \uacbd\uc81c \uc804\ubc18\uc73c\ub85c \uc804\uc774\ub420 \uacbd\uc6b0 \uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00\uc0c1\uc2b9) \uc704\ud5d8\uc774 \ucee4\uc9c8 \uc218 \uc788\ub2e4\uace0 \uc9c0\uc801\ud588\ub2e4.<\/p>\n

Policy Focus On Second Round Effects<\/h3>\n

\uc564\ub4dc\ub8e8 \ubca0\uc77c\ub9ac(Andrew Bailey) \ucd1d\uc7ac\ub294 \uae00\ub85c\ubc8c \uc5d0\ub108\uc9c0 \ube44\uc6a9 \uc0c1\uc2b9\uc758 \u2018\uccab \ubc88\uc9f8 \uc601\ud5a5(\uc9c1\uc811\uc801\uc778 \uac00\uaca9 \uc0c1\uc2b9)\u2019\uc740 \ud1b5\ud654\uc815\ucc45\uc73c\ub85c \ub9c9\uae30 \uc5b4\ub835\ub2e4\uace0 \ub9d0\ud588\ub2e4. \ub300\uc2e0 \uc774\ub7ec\ud55c \ucda9\uaca9\uc774 \uc784\uae08 \uc778\uc0c1\uacfc \uae30\uc5c5\uc758 \uac00\uaca9 \ucc45\uc815 \uc804\ubc18\uc73c\ub85c \ubc88\uc9c0\ub294 \uac83\uc744 \ub9c9\ub294 \ub370 \ubaa9\uc801\uc774 \uc788\ub2e4\uace0 \uc124\uba85\ud588\ub2e4.
\n(\u20182\ucc28 \ud30c\uae09\ud6a8\uacfc(second-round effects)\u2019\ub780 \uc5d0\ub108\uc9c0\u00b7\uc6d0\uc790\uc7ac \ub4f1\uc73c\ub85c \uc2dc\uc791\ub41c \ubb3c\uac00 \uc0c1\uc2b9\uc774 \uc784\uae08 \uc778\uc0c1\uacfc \ucd94\uac00 \uac00\uaca9 \uc778\uc0c1\uc73c\ub85c \uc774\uc5b4\uc838, \ubb3c\uac00 \uc0c1\uc2b9\uc774 \uc7a5\uae30\uac04 \uace0\ucc29\ub418\ub294 \ud604\uc0c1\uc744 \ub73b\ud55c\ub2e4.)<\/p>\n

\ubca0\uc77c\ub9ac \ucd1d\uc7ac\ub294 \ud655\uc2e4\ud55c \uc99d\uac70\uac00 \ub098\uc62c \ub54c\uae4c\uc9c0 \uae30\ub2e4\ub9ac\ub294 \ub300\uc751\uc744 \uacbd\uacc4\ud588\ub2e4. \uc601\ub780\uc740\ud589\uc740 \ubb3c\uac00 \uc555\ub825\uc774 \ud655\uc0b0\ub420 \uc870\uc9d0\uc774 \ubcf4\uc774\uba74 \uc120\uc81c\uc801\uc73c\ub85c \ub300\uc751\ud560 \uc218 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud588\ub2e4.<\/p>\n

\ub610\ud55c \uc601\ub780\uc740\ud589\uc740 \ucd94\uac00 \uae34\ucd95(\uae08\ub9ac\ub97c \ub354 \uc62c\ub9ac\uac70\ub098 \uae08\uc735 \uc5ec\uac74\uc744 \ub354 \uc870\uc774\ub294 \uac83)\uc73c\ub85c \ube60\ub974\uac8c \uc804\ud658\ud558\ub294 \ud750\ub984\uc740 \uc544\ub2c8\ub77c\ub294 \uc2e0\ud638\ub3c4 \ud568\uaed8 \ub0c8\ub2e4. \ub2e4\ub9cc \uae08\ub9ac\ub97c \ub0b4\ub9ac\uc9c0 \uc54a\uace0 \ub3d9\uacb0\ud568\uc73c\ub85c\uc368, \uc778\ud50c\ub808\uc774\uc158 \uc555\ub825\uc744 \uc5b5\uc81c\ud558\ub294 \ubc29\ud5a5\uc744 \uc720\uc9c0\ud588\ub2e4.<\/p>\n

\ud5a5\ud6c4 \uc804\ub9dd\uc740 \uc5d0\ub108\uc9c0 \uac00\uaca9\uacfc \uc911\ub3d9 \uc704\uae30 \uc804\uac1c\uc5d0 \uc88c\uc6b0\ub41c\ub2e4. \uc5d0\ub108\uc9c0 \ucda9\uaca9\uc774 \uae38\uc5b4\uc9c8\uc218\ub85d \ubb3c\uac00\uc640 \uc131\uc7a5\uc5d0 \ub300\ud55c \uc704\ud5d8\uc774 \ucee4\uc9c4\ub2e4.<\/p>\n

Implications For Sterling And Rates Markets<\/h3>\n

\uc601\ub780\uc740\ud589\uc740 \uc601\uad6d\uc758 \ud1b5\ud654\uc815\ucc45\uc744 \ub2f4\ub2f9\ud558\uba70 \ubb3c\uac00 \ubaa9\ud45c\ub294 2%\ub2e4. \uae30\uc900\uae08\ub9ac\ub97c \uc870\uc815\ud574 \uac00\uacc4\u00b7\uae30\uc5c5\uc758 \ub300\ucd9c\uae08\ub9ac\uc640 \ud30c\uc6b4\ub4dc\ud654(GBP, Pound Sterling)\uc5d0 \uc601\ud5a5\uc744 \uc900\ub2e4.<\/p>\n

\uc778\ud50c\ub808\uc774\uc158\uc774 \ubaa9\ud45c\ub97c \uc6c3\ub3cc\uba74 \uae08\ub9ac \uc778\uc0c1\uc740 \ud1b5\uc0c1 \ud30c\uc6b4\ub4dc\ud654\uc5d0 \uc6b0\ud638\uc801\uc774\uace0, \uae08\ub9ac \uc778\ud558\ub294 \ud30c\uc6b4\ub4dc\ud654 \uc57d\uc138 \uc694\uc778\uc774 \ub420 \uc218 \uc788\ub2e4.
\nQE(\uc591\uc801\uc644\ud654)\ub294 \uc911\uc559\uc740\ud589\uc774 \uad6d\ucc44 \ub4f1 \uc790\uc0b0\uc744 \ub9e4\uc785\ud574 \uc2dc\uc911 \uc790\uae08(\uc720\ub3d9\uc131)\uc744 \ub298\ub9ac\ub294 \uc815\ucc45\uc73c\ub85c \ud1b5\ud654\uac00\uce58\uc5d0 \ud558\ub77d \uc555\ub825\uc744 \uc904 \uc218 \uc788\ub2e4. QT(\uc591\uc801\uae34\ucd95)\ub294 \ubcf4\uc720 \ucc44\uad8c\uc744 \uc904\uc5ec \uc720\ub3d9\uc131\uc744 \ud761\uc218\ud558\ub294 \uc815\ucc45\uc73c\ub85c \ud1b5\ud654\uac00\uce58\uc5d0 \uc6b0\ud638\uc801\uc77c \uc218 \uc788\ub2e4.<\/p>\n

\uc601\ub780\uc740\ud589\uc758 3.75% \ub3d9\uacb0\uc740 \u2018\uc18c\uadf9\uc801 \ub3d9\uacb0\u2019\uc774 \uc544\ub2c8\ub77c \uc0ac\uc2e4\uc0c1 \uae34\ucd95 \uc758\uc9c0\ub97c \uc720\uc9c0\ud558\ub294 \uc2e0\ud638\ub85c \ubd10\uc57c \ud55c\ub2e4. 8\ub300 1\uc758 \ud45c\uacb0 \uad6c\ub3c4\uc5d0\uc11c 1\uba85\uc774 \uc778\uc0c1\uc744 \uc8fc\uc7a5\ud588\ub2e4\ub294 \uc810\uc740 \uc704\uc6d0\ud68c \ub0b4 \ub9e4\ud30c\uc801(\ubb3c\uac00 \uc5b5\uc81c\ub97c \uc704\ud574 \uae08\ub9ac \uc778\uc0c1\uc5d0 \ub354 \uc801\uadf9\uc801\uc778 \uc131\ud5a5) \uae30\uc870\uac00 \ub69c\ub837\ud568\uc744 \ubcf4\uc5ec\uc900\ub2e4. \uc774\ub294 \ub048\uc801\ud55c \uc778\ud50c\ub808\uc774\uc158(\uc27d\uac8c \ub0b4\ub824\uac00\uc9c0 \uc54a\ub294 \ubb3c\uac00 \uc0c1\uc2b9)\uc5d0 \ub300\ud55c \uc778\ub0b4\uac00 \uc904\uace0 \uc788\ub2e4\ub294 \uc758\ubbf8\ub2e4.<\/p>\n

\ucd5c\uadfc \uc9c0\ud45c\uc5d0\uc11c\ub3c4 \uc774\ub7ec\ud55c \uc6b0\ub824\uac00 \ub4dc\ub7ec\ub09c\ub2e4. 3\uc6d4 CPI(\uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218) \uc0c1\uc2b9\ub960\uc740 3.2%\ub85c, \uc5ec\uc804\ud788 2% \ubaa9\ud45c\ub97c \ud06c\uac8c \uc6c3\ub3c8\ub2e4. \uc815\ucc45\ub2f9\uad6d\uc774 \ub354 \uc911\uc2dc\ud558\ub294 \uc784\uae08\uc740 \uc5f0 6.0%\ub85c \ub192\uc740 \uc218\uc900\uc744 \uc720\uc9c0\ud558\uace0 \uc788\uc5b4, \ubb3c\uac00 \uc555\ub825\uc774 \uad6c\uc870\uc801\uc73c\ub85c \uace0\ucc29\ub420 \uc218 \uc788\ub2e4\ub294 \uc6b0\ub824\ub97c \ud0a4\uc6b4\ub2e4. \uc774\uac83\uc774 \uc601\ub780\uc740\ud589\uc774 \ud53c\ud558\ub824\ub294 \u20182\ucc28 \ud30c\uae09\ud6a8\uacfc\u2019\ub2e4.<\/p>\n

\uc804\ub9dd\uc744 \ub354 \uc5b4\ub835\uac8c \ub9cc\ub4dc\ub294 \uc694\uc778\uc740 \uae00\ub85c\ubc8c \uc5d0\ub108\uc9c0 \uc2dc\uc7a5\uc774\ub2e4. \uc9c0\uc815\ud559\uc801 \uae34\uc7a5\uc73c\ub85c \ube0c\ub80c\ud2b8\uc720(\uad6d\uc81c \uc720\uac00\uc758 \ub300\ud45c \uae30\uc900)\uac00 \ubc30\ub7f4\ub2f9 85\ub2ec\ub7ec \uc704\uc5d0\uc11c \uac15\uc138\ub97c \ubcf4\uc774\uba74\uc11c, \uc678\ubd80 \uc694\uc778\uc774 \uc601\uad6d \ubb3c\uac00\ub97c \uc9c1\uc811 \uc790\uadf9\ud558\uace0 \uc788\ub2e4. \uc774\ub294 \ubb3c\uac00 \uc5b5\uc81c\uc640 \uacbd\uae30 \ub454\ud654 \ubc29\uc9c0 \uc0ac\uc774\uc758 \uc120\ud0dd\uc744 \ub354 \uc5b4\ub835\uac8c \ub9cc\ub4e0\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201c\ub3d9\uacb0=\uc644\ud654\u201d\ub294 \ucc29\uc2dc. \uc601\ub780\uc740\ud589, \uae30\uc900\uae08\ub9ac 3.75% 8\ub3001 \ub3d9\uacb0\ub85c \uae34\ucd95 \uc758\uc9c0 \uc720\uc9c0. \uc5d0\ub108\uc9c0\ubc1c 2\ucc28 \ubb3c\uac00\u00b7\uc784\uae08 \ud655\uc0b0 \uacbd\uacc4, \uc911\ub3d9\ubc1c \uc720\uac00\uac00 \ud5a5\ud6c4 \ud30c\uc6b4\ub4dc\u00b7\uae08\ub9ac \uc88c\uc6b0.<\/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-45929","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\/45929","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=45929"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/45929\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=45929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=45929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=45929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}