{"id":46250,"date":"2026-05-06T01:25:55","date_gmt":"2026-05-06T01:25:55","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%b0%94%eb%a5%b4%ea%b0%80%eb%b0%94-%ed%95%84%eb%a6%ac%ed%95%80-%eb%ac%bc%ea%b0%80%ec%83%81%ec%8a%b9%eb%a5%a0-3%eb%85%84%eb%9e%98-%ec%b5%9c%ea%b3%a0%ec%8b%9d%eb%a3%8c%ed%92%88%c2%b7\/"},"modified":"2026-05-06T01:25:55","modified_gmt":"2026-05-06T01:25:55","slug":"%eb%b0%94%eb%a5%b4%ea%b0%80%eb%b0%94-%ed%95%84%eb%a6%ac%ed%95%80-%eb%ac%bc%ea%b0%80%ec%83%81%ec%8a%b9%eb%a5%a0-3%eb%85%84%eb%9e%98-%ec%b5%9c%ea%b3%a0%ec%8b%9d%eb%a3%8c%ed%92%88%c2%b7","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%b0%94%eb%a5%b4%ea%b0%80%eb%b0%94-%ed%95%84%eb%a6%ac%ed%95%80-%eb%ac%bc%ea%b0%80%ec%83%81%ec%8a%b9%eb%a5%a0-3%eb%85%84%eb%9e%98-%ec%b5%9c%ea%b3%a0%ec%8b%9d%eb%a3%8c%ed%92%88%c2%b7\/","title":{"rendered":"\ubc14\ub974\uac00\ubc14 \u201c\ud544\ub9ac\ud540 \ubb3c\uac00\uc0c1\uc2b9\ub960 3\ub144\ub798 \ucd5c\uace0\u2026\uc2dd\ub8cc\ud488\u00b7\uc5f0\ub8cc\uac00 \uc8fc\ub3c4, BSP \ucd94\uac00 \uae08\ub9ac\uc778\uc0c1 \ub9ac\uc2a4\ud06c\u20262\ubd84\uae30 \ud3c9\uade0 8% \uc0c1\ud68c\u201d"},"content":{"rendered":"<p>\ud544\ub9ac\ud540\uc758 headline(\uc804\uccb4) CPI(\uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218) \uc778\ud50c\ub808\uc774\uc158\uc740 4\uc6d4 \uc804\ub144 \ub300\ube44 7.2%\ub85c \uc0c1\uc2b9\ud588\ub2e4. \uc2dc\uc7a5 \uc608\uc0c1\uce58 5.2%\ub97c \uc6c3\ub3cc\uc558\uace0, 3\uc6d4 \uc804\ub144 \ub300\ube44 4.1%\uc5d0\uc11c 3%\ud3ec\uc778\ud2b8 \uc774\uc0c1 \uae09\ub4f1\ud588\ub2e4. \uc0c1\uc2b9 \ubc30\uacbd\uc740 \uc2dd\ud488\uacfc \uc5f0\ub8cc(\uc5d0\ub108\uc9c0) \uac00\uaca9 \uc804\ubc18\uc758 \uc555\ub825(\uad11\ubc94\uc704\ud55c \ubb3c\uac00 \uc555\ub825)\uc774\uba70, core(\uadfc\uc6d0) \uc9c0\ud45c\ub85c\ub3c4 \ud655\uc0b0\ub418\uace0 \uc788\ub2e4. \uadfc\uc6d0\ubb3c\uac00\ub294 \ubcc0\ub3d9\uc131\uc774 \ud070 \uc2dd\ub8cc\ud488\u00b7\uc5d0\ub108\uc9c0\ub97c \uc81c\uc678\ud574 \ubb3c\uac00\uc758 \uae30\uc870\ub97c \ubcf4\uc5ec\uc8fc\ub294 \uc9c0\ud45c\ub2e4.<\/p>\n<p>\ube0c\ub80c\ud2b8\uc720\ub294 2\ubd84\uae30 \ud3c9\uade0 \ubc30\ub7f4\ub2f9 \uc57d 104\ub2ec\ub7ec\ub85c \uc608\uc0c1\ub41c\ub2e4. \uacf5\uae09 \ucc28\uc9c8\uc740 3\ubd84\uae30\uc5d0 \ub4e4\uc5b4\uc11c\uc57c \ub69c\ub837\ud558\uac8c \uc644\ud654\ub420 \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4. CPI \uc778\ud50c\ub808\uc774\uc158\uc740 \ucd94\uac00 \uc0c1\uc2b9\ud574 2\ubd84\uae30 \ud3c9\uade0 8%\ub97c \uc6c3\ub3cc \uc804\ub9dd\uc774\uba70, \uc774\uc5d0 \ub530\ub77c \uc5f0\uac04 \ubb3c\uac00 \uc804\ub9dd\uce58\ub3c4 \uc804\ub144 \ub300\ube44 6%\ub85c \uc0c1\ud5a5\ub410\ub2e4.<\/p>\n<h3>Policy Tightening Risks Rise<\/h3>\n<p>\uc774\ubc88 \uc9c0\ud45c\ub294 \ud544\ub9ac\ud540 \uc911\uc559\uc740\ud589(Bangko Sentral ng Pilipinas, BSP)\uc758 \ub354 \ud06c\uace0 \ub354 \ube60\ub978 \uc815\ucc45 \uae34\ucd95(\uae08\ub9ac \uc778\uc0c1) \uc704\ud5d8\uc744 \ud0a4\uc6b4\ub2e4. 6\uc6d4 25bp(\ubca0\uc774\uc2dc\uc2a4\ud3ec\uc778\ud2b8\u00b70.01%\ud3ec\uc778\ud2b8) \uc778\uc0c1\uc740 \uae30\uc815\uc0ac\uc2e4\ub85c \uc81c\uc2dc\ub418\uba70, 50bp \uc778\uc0c1 \uac00\ub2a5\uc131\ub3c4 \uc788\ub2e4.<\/p>\n<p>\ucd5c\uadfc \ubb3c\uac00 \uc9c0\ud45c\ub294 \uacbd\uace0 \uc2e0\ud638\ub2e4. 4\uc6d4 CPI\ub294 5.9%\ub85c \uae09\ub4f1\ud574 \uc804\ub9dd\uce58\ub97c \ud06c\uac8c \ub118\uc5c8\uace0, 3\uc6d4 3.8%\uc5d0\uc11c \uac00\ud30c\ub974\uac8c \uac00\uc18d\ud588\ub2e4. \uc774\ubc88 \uc0c1\uc2b9\uc740 \uc2dd\ud488\uacfc \uc6b4\uc1a1\ube44(\uad50\ud1b5\ube44) \ubd80\ub2f4\uc774 \ub2e4\uc2dc \ucee4\uc9c4 \uc601\ud5a5\uc774\uba70, \uae00\ub85c\ubc8c \uc720\uac00 \uc0c1\uc2b9\uc774 \uc774\ub97c \ubd80\ucd94\uacbc\ub2e4.<\/p>\n<p>\uacfc\uac70 \uc0ac\ub840\ub3c4 \uc788\ub2e4. 2025\ub144 CPI\uac00 7%\ub97c \ub118\uacbc\ub358 \ubb3c\uac00 \ucda9\uaca9 \ub2f9\uc2dc BSP\ub294 \uc120\uc81c\uc801\uc73c\ub85c \uac15\ud55c \uae34\ucd95\uc5d0 \ub098\uc130\ub2e4. \ub2f9\uc2dc \ub300\uc751\uc740 \uc911\uc559\uc740\ud589\uc774 \ubb3c\uac00 \uae30\ub300(\uac00\uacc4\u00b7\uae30\uc5c5\uc774 \uc608\uc0c1\ud558\ub294 \ud5a5\ud6c4 \ubb3c\uac00)\ub97c \ubd99\uc7a1\uae30 \uc704\ud574 \uc774\ubc88\uc5d0\ub3c4 \uc2e0\uc18d\ud558\uace0 \uac15\ud558\uac8c \uc6c0\uc9c1\uc77c \uc218 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4.<\/p>\n<p>\uae00\ub85c\ubc8c \uc5d0\ub108\uc9c0 \uc2dc\uc7a5\ub3c4 \uc555\ub825\uc744 \ub354\ud558\uace0 \uc788\ub2e4. \ube0c\ub80c\ud2b8\uc720\ub294 \ubc30\ub7f4\ub2f9 95\ub2ec\ub7ec \uc704\uc5d0\uc11c \ub0b4\ub824\uc624\uc9c0 \uc54a\uace0 \uc788\ub2e4. \uc8fc\uc694 \uc0b0\uc720 \uc9c0\uc5ed\uc758 \uacf5\uae09 \ubd88\uc548\uc774 \uc774\uc5b4\uc9c0\ub294 \ub9cc\ud07c, \ub2e4\uc74c \ubd84\uae30\uc5d0\ub294 \uc758\ubbf8 \uc788\ub294 \uac00\uaca9 \ud558\ub77d\uc744 \uae30\ub300\ud558\uae30 \uc5b4\ub835\ub2e4. \uc774\ub7f0 \ube44\uc6a9 \uc555\ub825\uc740 \uad6d\ub0b4 \ubb3c\uac00\uc5d0 \uadf8\ub300\ub85c \ubc18\uc601\ub420 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4.<\/p>\n<h3>Market Positioning And Peso Implications<\/h3>\n<p>\uc774\ub7f0 \uc804\ub9dd\uc744 \uac10\uc548\ud558\uba74 \ub2e8\uae30 \uae08\ub9ac \uc0c1\uc2b9\uc5d0 \ubca0\ud305\ud558\ub294 \ud3ec\uc9c0\uc154\ub2dd\uc774 \uc720\ub825\ud558\ub2e4. 6\uc6d4 BSP \ud68c\uc758\uac00 \ud575\uc2ec \uc774\ubca4\ud2b8\ub85c \ub5a0\uc62c\ub790\uace0, 25bp \uc778\uc0c1\uc740 \ucd5c\uc18c \uc218\uc900\uc73c\ub85c \ubd10\uc57c \ud55c\ub2e4. \ud2b9\ud788 \ud398\uc18c\uac00 \ub2ec\ub7ec \ub300\ube44 58.50\uc744 \ub118\uc5b4 \uc57d\uc138\ub97c \ubcf4\uc778 \uc810\uc744 \uace0\ub824\ud558\uba74 50bp \uc778\uc0c1 \ucabd\uc73c\ub85c \uc704\ud5d8\uc774 \uae30\uc6b8\uc5b4 \uc788\ub2e4.<\/p>\n<p>\ud658\uc728\uc740 \ubcf5\ud569\uc801\uc774\ub2e4. \ud1b5\uc0c1 \uae08\ub9ac \uc778\uc0c1\uc740 \ud398\uc18c\uc5d0 \uc6b0\ud638\uc801\uc774\uc9c0\ub9cc, \ub192\uc740 \uc778\ud50c\ub808\uc774\uc158\uc774 \uc9c0\uc18d\ub418\uba74 \ud22c\uc790\uc2ec\ub9ac\uc5d0\ub294 \ubd80\ub2f4\uc774 \ub420 \uc218 \uc788\ub2e4. \ud2b8\ub808\uc774\ub354\ub294 PHP(\ud544\ub9ac\ud540 \ud398\uc18c) \ubcc0\ub3d9\uc131\uc774 \ub354 \ucee4\uc9c8 \uac00\ub2a5\uc131\uc5d0 \ub300\ube44\ud574 \uc635\uc158(\ud2b9\uc815 \uac00\uaca9\uc5d0 \uc0b4\u00b7\ud314 \uad8c\ub9ac\ub97c \uc8fc\ub294 \ud30c\uc0dd\uc0c1\ud488) \ub4f1\uc73c\ub85c \ud5e4\uc9c0(\uc704\ud5d8 \ud68c\ud53c) \uc804\ub7b5\uc744 \uac80\ud1a0\ud560 \ud544\uc694\uac00 \uc788\ub2e4. \ud1b5\ud654\ub294 \ub9e4\ud30c\uc801(\uae34\ucd95 \uc120\ud638) \uc911\uc559\uc740\ud589 \uc815\ucc45\uacfc \ubd80\uc815\uc801\uc778 \ubb3c\uac00 \ud5e4\ub4dc\ub77c\uc778 \uc0ac\uc774\uc5d0\uc11c \ud754\ub4e4\ub9b4 \uc218 \uc788\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ud544\ub9ac\ud540 4\uc6d4 CPI 7.2%\ub85c \u2018\uc1fc\ud06c\u2019\u2026\uc608\uc0c1 5.2% \uc0c1\ud68c, \uc2dd\ud488\u00b7\uc5d0\ub108\uc9c0\ubc1c \ubb3c\uac00\uc555\ub825 \uadfc\uc6d0\uc73c\ub85c \ud655\uc0b0. \uc720\uac00 \uace0\uacf5\uc5d0 2\ubd84\uae30 8%+ \uc804\ub9dd, BSP 6\uc6d4 25~50bp \uc778\uc0c1\u00b7\ud398\uc18c \ubcc0\ub3d9\uc131 \ud655\ub300.<\/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-46250","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\/46250","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=46250"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46250\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}