{"id":46172,"date":"2026-05-05T06:54:14","date_gmt":"2026-05-05T06:54:14","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ea%b2%8c%ec%98%a4%eb%a5%b4%ea%b8%b0%ec%97%90%eb%b0%94-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%83%81%ec%8a%b9-%ea%b2%bd%ea%b3%a0%ec%a4%91%eb%8f%99-%eb%b6%84%ec%9f%81\/"},"modified":"2026-05-05T06:54:14","modified_gmt":"2026-05-05T06:54:14","slug":"%ea%b2%8c%ec%98%a4%eb%a5%b4%ea%b8%b0%ec%97%90%eb%b0%94-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%83%81%ec%8a%b9-%ea%b2%bd%ea%b3%a0%ec%a4%91%eb%8f%99-%eb%b6%84%ec%9f%81","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ea%b2%8c%ec%98%a4%eb%a5%b4%ea%b8%b0%ec%97%90%eb%b0%94-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%83%81%ec%8a%b9-%ea%b2%bd%ea%b3%a0%ec%a4%91%eb%8f%99-%eb%b6%84%ec%9f%81\/","title":{"rendered":"\uac8c\uc624\ub974\uae30\uc5d0\ubc14 \u201c\uc778\ud50c\ub808\uc774\uc158 \uc0c1\uc2b9 \uacbd\uace0\u2026\uc911\ub3d9 \ubd84\uc7c1 \uc7a5\uae30\ud654\ub85c \uc720\uac00 125\ub2ec\ub7ec \uce58\uc19f\uc73c\uba74 \uae00\ub85c\ubc8c \uc131\uc7a5 \ub354 \uc545\ud654\u201d"},"content":{"rendered":"

\uad6d\uc81c\ud1b5\ud654\uae30\uae08(IMF) \ucd1d\uc7ac \ud06c\ub9ac\uc2a4\ud0c8\ub9ac\ub098 \uac8c\uc624\ub974\uae30\uc5d0\ubc14\ub294 \ubb3c\uac00(\uc778\ud50c\ub808\uc774\uc158)\uac00 \uc774\ubbf8 \uc624\ub974\uace0 \uc788\uc73c\uba70, \uc911\ub3d9 \uc804\uc7c1\uc774 2027\ub144\uae4c\uc9c0 \uc774\uc5b4\uc9c8 \uacbd\uc6b0 \uc138\uacc4 \uacbd\uc81c\uac00 \u201c\ud6e8\uc52c \ub354 \ub098\uc05c \uacb0\uacfc\u201d\ub97c \ub9de\uc744 \uc218 \uc788\ub2e4\uace0 \ub9d0\ud588\ub2e4. \ub85c\uc774\ud130\ub294 \ud654\uc694\uc77c(\ud604\uc9c0\uc2dc\uac04) \uadf8\uc758 \ubc1c\uc5b8\uc744 \uc804\ud588\ub2e4.<\/p>\n

\uadf8\ub294 2027\ub144\uae4c\uc9c0 \uad6d\uc81c\uc720\uac00\uac00 \ubc30\ub7f4\ub2f9 \uc57d 125\ub2ec\ub7ec\uc5d0 \ub3c4\ub2ec\ud558\ub294 \uc0c1\ud669\uc744 \uc81c\uc2dc\ud558\uba70, \uc774 \uacbd\uc6b0 \ubb3c\uac00 \uc0c1\uc2b9 \uc555\ub825\uc774 \ub354 \ucee4\uc9c8 \uc218 \uc788\ub2e4\uace0 \ubc1d\ud614\ub2e4.<\/p>\n

\uc720\uac00\uc640 \ubb3c\uac00 \uc704\ud5d8<\/h3>\n

\uac8c\uc624\ub974\uae30\uc5d0\ubc14\ub294 \ubd84\uc7c1\uc774 \uacc4\uc18d\ub418\ub294 \uac00\uc6b4\ub370 \uc720\uac00\uac00 \ubc30\ub7f4\ub2f9 \uc57d 100\ub2ec\ub7ec \uc548\ud30e \ub610\ub294 \uadf8 \uc774\uc0c1\uc73c\ub85c \uc608\uc0c1\ub418\uace0 \uc788\uc5b4, IMF\uc758 \u2018\ubd80\uc815\uc801 \uc2dc\ub098\ub9ac\uc624(adverse scenario\u00b7\uc804\uc7c1 \ub4f1 \ub098\uc05c \ucda9\uaca9\uc744 \uac00\uc815\ud55c \ube44\uad00\uc801 \uc804\ub9dd)\u2019\uac00 \uc774\ubbf8 \ud604\uc2e4\ud654\ub418\uace0 \uc788\ub2e4\uace0 \ub9d0\ud588\ub2e4. \uadf8\ub294 \uc774\ub97c \ubb3c\uac00 \uc0c1\uc2b9 \uc555\ub825 \ud655\ub300\uc640 \uc5f0\uacb0 \uc9c0\uc5c8\ub2e4.<\/p>\n

\uadf8\ub294 \uc7a5\uae30 \ubb3c\uac00 \uae30\ub300\uac00 \uc544\uc9c1\uc740 \uc548\uc815\ub3fc \uc788\uace0(\u2018\uae30\ub300 \uc778\ud50c\ub808\uc774\uc158\uc774 \uace0\uc815\ub3fc \uc788\ub2e4(anchored)\u2019\ub294 \ub73b), \uae08\uc735 \uc5ec\uac74\ub3c4 \ud06c\uac8c \ud0c0\uc774\ud2b8\ud574\uc9c0\uc9c0 \uc54a\uc558\ub2e4\uace0 \uc124\uba85\ud588\ub2e4. \ub2e4\ub9cc \uc804\uc7c1\uc774 \uc774\uc5b4\uc9c0\uba74 \uc774\ub7f0 \uc0c1\ud669\uc774 \ubc14\ub014 \uc218 \uc788\ub2e4\uace0 \uacbd\uace0\ud588\ub2e4.<\/p>\n

\ub610 \uc720\uac00\uac00 \ubc30\ub7f4\ub2f9 125\ub2ec\ub7ec\uae4c\uc9c0 \uc624\ub974\uba74 \ubb3c\uac00\uac00 \ub354 \uc0c1\uc2b9\ud558\uace0, \ubb3c\uac00 \uae30\ub300\uac00 \ud754\ub4e4\ub9b4 \uc218 \uc788\ub2e4(\u2018\ub514\uc575\ucee4\ub9c1(de-anchored)\u00b7\ubb3c\uac00\uac00 \uacc4\uc18d \uc624\ub97c \uac83\uc774\ub77c\ub294 \uc778\uc2dd\uc774 \ucee4\uc838 \ubb3c\uac00 \uc548\uc815\uc774 \uc5b4\ub824\uc6cc\uc9c0\ub294 \ud604\uc0c1\u2019)\uace0 \ub9d0\ud588\ub2e4. \uc774\ub294 \uc804\uccb4 \uacbd\uc81c \uc0c1\ud669\uc744 \ub354 \uc545\ud654\uc2dc\ud0ac \uc218 \uc788\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n

\uace0\uae08\ub9ac \uc7a5\uae30\ud654\uc5d0 \ub300\ube44\ud55c \ud3ec\uc9c0\uc154\ub2dd<\/h3>\n

7\uc6d4\ubb3c \ube0c\ub80c\ud2b8\uc720 \uc120\ubb3c\uc774 \ubc30\ub7f4\ub2f9 110\ub2ec\ub7ec\ub97c \ub118\uc5b4\uc11c\ub294 \ub4f1, \ud575\uc2ec \ud574\uc0c1 \uc6b4\uc1a1\ub85c \uc778\uadfc \uae34\uc7a5 \uace0\uc870\ub85c \uc720\uac00\uac00 \uae09\ub4f1\ud558\uace0 \uc788\ub2e4. \uc774\uc5d0 \ub530\ub77c \uc6d0\uc720 \uc120\ubb3c \ub9e4\uc218(\ub871 \ud3ec\uc9c0\uc158\u00b7\uac00\uaca9 \uc0c1\uc2b9\uc5d0 \ubca0\ud305)\uc640 \uc5d0\ub108\uc9c0 ETF \ucf5c\uc635\uc158(\ub9e4\uc218\uc635\uc158\u00b7\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \uc0b4 \uc218 \uc788\ub294 \uad8c\ub9ac)\uc774 \uae34\uc7a5\uc744 \uc9c1\uc811\uc801\uc73c\ub85c \ubc18\uc601\ud558\ub294 \uac70\ub798 \uc218\ub2e8\uc774 \ub420 \uc218 \uc788\ub2e4. \uc9c0\uc815\ud559\uc801 \uc0c1\ud669\uc774 \uac1c\uc120\ub418\uc9c0 \uc54a\uc73c\uba74 125\ub2ec\ub7ec \ubaa9\ud45c\uc5d0 \uac00\uae4c\uc6cc\uc9c8 \uac00\ub2a5\uc131\uc774 \ucee4\uc9c0\uace0 \uc788\ub2e4.<\/p>\n

\uc9c0\ub09c\ub2ec \uadfc\uc6d0 \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218(Core CPI\u00b7\uc5d0\ub108\uc9c0\u00b7\uc2dd\ub8cc\ud488\ucc98\ub7fc \ubcc0\ub3d9\uc774 \ud070 \ud56d\ubaa9\uc744 \ube80 \ubb3c\uac00)\uc774 \uc5f0\uc728 4.2%\ub85c \ub098\uc628 \uc810\uc740 \ubb3c\uac00 \uc555\ub825\uc774 \uc27d\uac8c \uaebe\uc774\uc9c0 \uc54a\uace0 \uace0\ucc29\ud654\ub418\ub294 \ud750\ub984\uc744 \ubcf4\uc5ec\uc900\ub2e4. \ubbf8 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed\u00b7\ubbf8\uad6d \uc911\uc559\uc740\ud589)\ub294 \ub354 \u2018\ub9e4\ud30c\uc801(hawkish\u00b7\ubb3c\uac00 \uc5b5\uc81c\ub97c \uc704\ud574 \uae08\ub9ac\ub97c \ub354 \ub192\uc774\uac70\ub098 \uc624\ub798 \uc720\uc9c0\ud558\ub824\ub294)\u2019 \uc785\uc7a5\uc744 \uc2dc\uc0ac\ud558\uba74\uc11c 2026\ub144 \uae08\ub9ac \uc778\ud558 \uae30\ub300\uac00 \uc57d\ud654\ub410\ub2e4. \uc774\uc5d0 \uae08\ub9ac \uc120\ubb3c(\ud5a5\ud6c4 \uae08\ub9ac \uc218\uc900\uc744 \uc0ac\uace0\ud30c\ub294 \uacc4\uc57d)\uc5d0\uc11c\ub294 \uae08\ub9ac \ud558\ub77d \ubca0\ud305\uc774 \uc904\uace0 \uc788\ub2e4. \uc7a5\uae30 \uad6d\ucc44 ETF \ud48b\uc635\uc158(\ub9e4\ub3c4\uc635\uc158\u00b7\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \ud314 \uc218 \uc788\ub294 \uad8c\ub9ac)\uc744 \ud1b5\ud574 \uae08\ub9ac \uc0c1\uc2b9\u2192\ucc44\uad8c \uac00\uaca9 \ud558\ub77d \uad6d\uba74\uc5d0 \ub300\uc751\ud558\ub294 \uc804\ub7b5\ub3c4 \uace0\ub824\ud560 \uc218 \uc788\ub2e4.<\/p>\n

\uc774 \uac19\uc740 \ubd88\ud655\uc2e4\uc131\uc740 VIX \uc9c0\uc218(\ubcc0\ub3d9\uc131 \uc9c0\uc218\u00b7\uc2dc\uc7a5 \ubd88\uc548\uc774 \ucee4\uc9c8\uc218\ub85d \uc0c1\uc2b9)\uac00 25\ub97c \uc6c3\ub3c4\ub294 \ud750\ub984\uc5d0\uc11c\ub3c4 \ub4dc\ub7ec\ub09c\ub2e4. \uc774\ub294 2025\ub144 \ub9d0 \uc774\ud6c4 \uc790\uc8fc \ubcf4\uc774\uc9c0 \uc54a\uc558\ub358 \uc218\uc900\uc758 \uc2dc\uc7a5 \uae34\uc7a5 \uc2e0\ud638\ub2e4. \uc774\ub7f0 \ud658\uacbd\uc5d0\uc11c\ub294 \ud3ec\ud2b8\ud3f4\ub9ac\uc624 \ubc29\uc5b4(\ud5e4\uc9c0\u00b7\uc190\uc2e4\uc744 \uc904\uc774\uae30 \uc704\ud55c \uc704\ud5d8 \uad00\ub9ac)\uac00 \uc911\uc694\ud574\uc9c4\ub2e4. S&P 500 \uac19\uc740 \uc8fc\uc694 \uc8fc\uac00\uc9c0\uc218 \ud48b\uc635\uc158 \ub9e4\uc218\ub294 \ub192\uc740 \uc5d0\ub108\uc9c0 \uac00\uaca9\uacfc \ubb3c\uac00\uac00 \ucd08\ub798\ud558\ub294 \uacbd\uae30 \ubd80\ub2f4\uc5d0 \ub300\ube44\ud558\ub294 \ubc29\uc548\uc774 \ub420 \uc218 \uc788\ub2e4.<\/p>\n

\uc791\ub144\uc5d0 \uc81c\uae30\ub410\ub358 \ud575\uc2ec \uc704\ud5d8, \uc989 \ubb3c\uac00 \uae30\ub300\uac00 \ud754\ub4e4\ub9ac\ub294 \ud604\uc0c1\uc774 \uc774\uc81c \uc2dc\uc7a5\uc758 \uc911\uc2ec \uc774\uc288\ub85c \ubd80\uc0c1\ud558\uace0 \uc788\ub2e4. \ud30c\uc0dd\uc0c1\ud488 \uc2dc\uc7a5(\uc120\ubb3c\u00b7\uc635\uc158 \ub4f1 \uae30\ucd08\uc790\uc0b0\uc5d0\uc11c \uac00\uce58\uac00 \ud30c\uc0dd\ub418\ub294 \uc0c1\ud488)\uc5d0\uc11c\ub3c4 \u2018\uace0\uae08\ub9ac \uc7a5\uae30\ud654(higher for longer\u00b7\uae08\ub9ac\uac00 \ub192\uc740 \uc218\uc900\uc5d0\uc11c \uc624\ub798 \uc720\uc9c0\ub418\ub294 \ud658\uacbd)\u2019\ub97c 2027\ub144\uae4c\uc9c0 \ubc18\uc601\ud558\uae30 \uc2dc\uc791\ud588\ub2e4. \uc774\uc5d0 \ub530\ub77c \uacbd\uc81c\uac00 \ube60\ub974\uac8c \uc815\uc0c1\ud654\ub420 \uac83\uc774\ub77c\ub294 \uc804\uc81c\uc758 \ud22c\uc790 \uc804\ub7b5\uc740 \ub354 \ud070 \ubd80\ub2f4\uc5d0 \uc9c1\uba74\ud558\uace0 \uc788\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

IMF \u201c\uc911\ub3d9\uc804\uc7c1 2027\ub144\uae4c\uc9c0\uba74 \ucd5c\uc545\u201d\u2026\uc720\uac00 125\ub2ec\ub7ec \uc2dc \ubb3c\uac00\u00b7\uae30\ub300\uc778\ud50c\ub808 \ud754\ub4e4\ub824 \uace0\uae08\ub9ac \uc7a5\uae30\ud654 \uc6b0\ub824. VIX 25 \uc0c1\ud68c, \uc6d0\uc720\u00b7\uc635\uc158\u00b7\ud48b\uc73c\ub85c \ubc29\uc5b4 \ud544\uc694. \ud22c\uc790\uc804\ub7b5 \uc218\uc815 \uc555\ubc15.<\/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-46172","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\/46172","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=46172"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46172\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}