{"id":46061,"date":"2026-05-04T04:56:43","date_gmt":"2026-05-04T04:56:43","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/rbnz-%ed%94%84%eb%9d%bc%ec%82%b0%eb%82%98-%ea%b0%80%ec%9d%b4-%ec%9c%84%ec%9b%90-%ec%84%a0%ec%a0%9c%ec%a0%81-%ea%b8%b4%ec%b6%95%ec%97%90%eb%8a%94-%ea%b0%95%eb%a0%a5%ed%95%9c-%eb%8f%99%ec%a1%b0\/"},"modified":"2026-05-04T04:56:43","modified_gmt":"2026-05-04T04:56:43","slug":"rbnz-%ed%94%84%eb%9d%bc%ec%82%b0%eb%82%98-%ea%b0%80%ec%9d%b4-%ec%9c%84%ec%9b%90-%ec%84%a0%ec%a0%9c%ec%a0%81-%ea%b8%b4%ec%b6%95%ec%97%90%eb%8a%94-%ea%b0%95%eb%a0%a5%ed%95%9c-%eb%8f%99%ec%a1%b0","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/rbnz-%ed%94%84%eb%9d%bc%ec%82%b0%eb%82%98-%ea%b0%80%ec%9d%b4-%ec%9c%84%ec%9b%90-%ec%84%a0%ec%a0%9c%ec%a0%81-%ea%b8%b4%ec%b6%95%ec%97%90%eb%8a%94-%ea%b0%95%eb%a0%a5%ed%95%9c-%eb%8f%99%ec%a1%b0\/","title":{"rendered":"RBNZ \ud504\ub77c\uc0b0\ub098 \uac00\uc774 \uc704\uc6d0 \u201c\uc120\uc81c\uc801 \uae34\ucd95\uc5d0\ub294 \uac15\ub825\ud55c \ub3d9\uc870\ud654\uc640 \uc801\uadf9\uc801\uc778 \uacf5\uc870 \uba54\ucee4\ub2c8\uc998 \ud544\uc694\u2026\ud3b8\ud5a5 \uc5c6\uc774\u201d"},"content":{"rendered":"

RBNZ(\ub274\uc9c8\ub79c\ub4dc \uc911\uc559\uc740\ud589) \uc774\uc0ac\ud68c \uba64\ubc84\uc778 \ud504\ub77c\uc0b0\ub098 \uac00\uc774(Prasanna Gai)\ub294 21\uc77c(\ud604\uc9c0\uc2dc\uac04) \u201c\uc120\uc81c\uc801 \uae34\ucd95(\uacbd\uae30 \uacfc\uc5f4\u00b7\ubb3c\uac00 \uc0c1\uc2b9\uc744 \ubbf8\ub9ac \ub9c9\uae30 \uc704\ud574 \uae08\ub9ac\ub97c \uba3c\uc800 \uc62c\ub9ac\uac70\ub098 \uc720\ub3d9\uc131\uc744 \uc904\uc774\ub294 \uc870\uce58)\uc740 \uac15\ud55c \ub3d9\uc870\ud654(\uc5ec\ub7ec \ub098\ub77c \uc911\uc559\uc740\ud589\uc774 \uac19\uc740 \ubc29\ud5a5\uc73c\ub85c \uc815\ucc45\uc744 \ub9de\ucd94\ub294 \uac83)\uc640 \uc801\uadf9\uc801\uc778 \uc870\uc815 \uba54\ucee4\ub2c8\uc998(\uc815\ucc45\uc744 \uc11c\ub85c \uc870\uc728\ud558\ub294 \uccb4\uacc4)\uc774 \ud544\uc694\ud558\ub2e4\u201d\uace0 \ub9d0\ud588\ub2e4. \uadf8\ub294 \u201c\uc790\ub3d9\uc73c\ub85c \uae34\ucd95 \ucabd\uc73c\ub85c \uae30\uc6b0\ub294 \uacbd\ud5a5(\uc790\ub3d9 \uae34\ucd95 \ud3b8\ud5a5)\uc740 \ubcf4\uc774\uc9c0 \uc54a\ub294\ub2e4\u201d\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n

\uadf8\ub294 \u201c\uc120\uc81c\uc801 \uae34\ucd95\uc740 \uc815\ucc45 \ub3d9\uc870\ud654\uac00 \uac15\ud558\uace0 \uc870\uc815\uc774 \ud65c\ubc1c\ud560 \ub54c\ub9cc \uc815\ub2f9\ud654\ub41c\ub2e4\u201d\uace0 \ud588\uc73c\uba70, \u201c\ud604\uc7ac \uc5ec\uac74\uc740 \uc804\ud1b5\uc801 \uc815\ucc45 \ud2c0(\uc77c\ubc18\uc801\uc778 \ud1b5\ud654\uc815\ucc45 \uc6b4\uc601 \ubc29\uc2dd) \uc544\ub798\uc5d0\uc11c \u2018\ub8e9\uc2a4\ub8e8(look-through) \uc811\uadfc\u2019(\uc77c\uc2dc\uc801 \ubb3c\uac00 \ucda9\uaca9\uc740 \uc11c\ub458\ub7ec \ub300\uc751\ud558\uc9c0 \uc54a\uace0, \ucd94\uc138\uac00 \ud655\uc778\ub420 \ub54c\uae4c\uc9c0 \uc9c0\ucf1c\ubcf4\ub294 \uae30\uc870)\uc744 \uc9c0\uc9c0\ud55c\ub2e4\u201d\uace0 \ub9d0\ud588\ub2e4.<\/p>\n

Rbnz Signals Rates On Hold<\/h3>\n

\uc791\uc131 \uc2dc\uc810 \uae30\uc900 NZD\/USD\ub294 0.5910\uc120\uc5d0\uc11c \uac70\ub798\ub410\ub2e4. \uc774\ub0a0 0.20% \uc0c1\uc2b9\ud588\ub2e4.<\/p>\n

\uc774\ubc88 \ubc1c\uc5b8\uc740 RBNZ\uac00 \ub2f9\ubd84\uac04 \uae30\uc900\uae08\ub9ac\ub97c \ub3d9\uacb0\ud560 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4\ub294 \uc2e0\ud638\ub85c \ud574\uc11d\ub41c\ub2e4. \uc774\ub294 \ubbf8 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed\u00b7\ubbf8 \uc911\uc559\uc740\ud589)\ucc98\ub7fc \uae34\ucd95\uc801 \ud0dc\ub3c4\ub97c \ub354 \uc624\ub798 \uc720\uc9c0\ud560 \uc218 \uc788\ub294 \ub2e4\ub978 \uc911\uc559\uc740\ud589\ub4e4\uacfc \uc815\ucc45 \ubc29\ud5a5\uc774 \uc5c7\uac08\ub9b0\ub2e4\ub294 \ub73b\uc774\ub2e4. \ub530\ub77c\uc11c \ucd5c\uadfc \ub274\uc9c8\ub79c\ub4dc\ub2ec\ub7ec \uac15\uc138\ub294 \ub9e4\ub3c4 \uae30\ud68c\ub85c \ubcfc \uc218 \uc788\ub2e4.<\/p>\n

\ub274\uc9c8\ub79c\ub4dc\uc758 \uacf5\uc2dd \ud604\uae08\uae08\ub9ac(OCR\u00b7RBNZ \uae30\uc900\uae08\ub9ac)\uac00 5.50%\uc5d0 \uba38\ubb34\ub294 \uac00\uc6b4\ub370 2026\ub144 1\ubd84\uae30 \uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00\uc0c1\uc2b9\ub960) \uc804\ub9dd\ub3c4 3.6%\ub85c \ub192\uc740 \ud3b8\uc774\uc5b4\uc11c RBNZ\ub294 \uc27d\uac8c \uc6c0\uc9c1\uc774\uae30 \uc5b4\ub824\uc6b4 \uc0c1\ud669\uc774\ub2e4. \ubc18\uba74 \ubbf8\uad6d\uc740 \uc5f0\ubc29\uae30\uae08\uae08\ub9ac(\ubbf8 \uae30\uc900\uae08\ub9ac)\uac00 5.75% \uc218\uc900\uc73c\ub85c \uc720\uc9c0\ub3fc, \uae08\ub9ac \uaca9\ucc28(\uc218\uc775\ub960 \ucc28\uc774)\uac00 \ub2ec\ub7ec\uc5d0 \uc720\ub9ac\ud558\uac8c \uc791\uc6a9\ud55c\ub2e4. \uc774\ub7f0 \uaca9\ucc28\ub294 \uc790\uae08\uc774 \ub274\uc9c8\ub79c\ub4dc\uc5d0\uc11c \ube60\uc838\ub098\uac00\uac8c \ub9cc\ub4e4\uc5b4 \ub274\uc9c8\ub79c\ub4dc\ub2ec\ub7ec\uc5d0 \ud558\ubc29 \uc555\ub825\uc744 \uc900\ub2e4.<\/p>\n

\ud5a5\ud6c4 \uc218\uc8fc \ub3d9\uc548 \ud2b8\ub808\uc774\ub354\ub4e4\uc740 NZD\/USD \ud48b\uc635\uc158(\ud658\uc728 \ud558\ub77d \uc2dc \uc774\uc775\uc774 \ub098\ub294 \uc635\uc158) \ub9e4\uc218\ub97c \ud1b5\ud574 \ud558\ub77d\uc5d0 \ub300\ube44\ud560 \uc218 \uc788\uc73c\uba70, \ubaa9\ud45c \uc218\uc900\uc740 0.5800\uc73c\ub85c \uc81c\uc2dc\ub41c\ub2e4. \ub610\ud55c \uc544\uc6c3\uc624\ube0c\ub354\uba38\ub2c8(out-of-the-money) \ucf5c\uc635\uc158(\ud604\uc7ac \uac00\uaca9\ubcf4\ub2e4 \ub192\uc740 \ud589\uc0ac\uac00\ub85c, \ub2f9\uc7a5 \ud589\uc0ac \uc774\uc810\uc774 \uc5c6\ub294 \ub9e4\uc218 \uc635\uc158)\uc744 \ub9e4\ub3c4\ud574 \uc81c\ud55c\uc801\uc778 \uc0c1\uc2b9 \uac00\ub2a5\uc131\uc744 \ud65c\uc6a9\ud558\ub294 \uc804\ub7b5\ub3c4 \uac70\ub860\ub41c\ub2e4. \uc774\ub294 RBNZ\uc758 \uc778\ub0b4\ud558\ub294 \u2018\ub8e9\uc2a4\ub8e8\u2019 \uae30\uc870\uac00 \ud658\uc728\uc5d0 \ubd80\ub2f4\uc744 \uc904 \uac83\uc774\ub780 \uad00\uc810\uc744 \ubc18\uc601\ud55c\ub2e4.<\/p>\n

Policy Synchronization Matters Most<\/h3>\n

\ub3cc\uc774\ucf1c\ubcf4\uba74 2025\ub144 \uc2dc\uc7a5\uc740 \uc8fc\uc694 \uc911\uc559\uc740\ud589\uc758 \uc815\ucc45 \uc804\ud658(\ud53c\ubc97\u00b7\uae34\ucd95\uc5d0\uc11c \uc644\ud654\ub85c, \ub610\ub294 \uadf8 \ubc18\ub300\ub85c \ubc29\ud5a5\uc744 \ubc14\uafb8\ub294 \uac83) \uae30\ub300\uac00 \ubc14\ub014 \ub54c\ub9c8\ub2e4 \ud06c\uac8c \ud754\ub4e4\ub838\ub2e4. \uc774\uc804\uc758 \uae00\ub85c\ubc8c \uae08\ub9ac \uc778\uc0c1 \uad6d\uba74\uc740 \uc815\ucc45 \ub3d9\uc870\ud654\uac00 \ud575\uc2ec\uc784\uc744 \ubcf4\uc5ec\uc92c\uace0, \ud604\uc7ac \ub3d9\uc870\ud654\uac00 \uc57d\ud558\ub2e4\ub294 \uc810\uc740 \uc758\ubbf8\uac00 \ud06c\ub2e4. \uc774\uc0ac\ud68c \uba64\ubc84\uac00 \uc5b8\uae09\ud55c \u201c\uc870\uc815\ub41c \uae34\ucd95 \uba54\ucee4\ub2c8\uc998\uc758 \ubd80\uc7ac\u201d\ub294 \ub274\uc9c8\ub79c\ub4dc\ub2ec\ub7ec\uac00 \ub2e4\ub978 \ud1b5\ud654 \ub300\ube44 \uc57d\uc138\ub97c \ubcf4\uc77c \uac83\uc774\ub780 \uc2dc\uac01\uc744 \ub4b7\ubc1b\uce68\ud55c\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cRBNZ, \uae08\ub9ac \ub3d9\uacb0 \uc2e0\ud638?\u201d \uac00\uc774 \uc774\uc0ac \u201c\uc120\uc81c \uae34\ucd95\uc740 \uac15\ud55c \uc815\ucc45 \ub3d9\uc870\ud654\u00b7\uc870\uc815 \uc788\uc744 \ub54c\ub9cc\u201d \uac15\uc870. \ud604 \u2018\ub8e9\uc2a4\ub8e8\u2019 \uc9c0\uc9c0\ub85c NZD \uac15\uc138\ub294 \ub9e4\ub3c4 \uae30\ud68c, 0.5800 \ud558\ub77d \ub300\ube44.<\/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-46061","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\/46061","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=46061"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46061\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}