\uc568\ubc84\ud1a0 \ubb34\uc0b4\ub818 \uc138\uc778\ud2b8\ub8e8\uc774\uc2a4 \uc5f0\ubc29\uc900\ube44\uc740\ud589(\uc5f0\uc740) \ucd1d\uc7ac\ub294 \uc218\uc694\uc77c \ubbf8\uc2dc\uc2dc\ud53c \uc740\ud589\uac00\ud611\ud68c \ud589\uc0ac\uc5d0\uc11c \uad00\uc138\uc640 \uc804\uc7c1\uc744 \ub458\ub7ec\uc2fc \ubd88\ud655\uc2e4\uc131\uc774 \ubbf8\uad6d \uacbd\uc81c\uc5d0 \ubd80\ub2f4(\uc5ed\ud48d)\uc73c\ub85c \uc791\uc6a9\ud55c\ub2e4\uace0 \ub9d0\ud588\ub2e4.<\/p>\n
\uadf8\ub294 \uc644\ud654\uc801\uc778 \uae08\uc735 \uc5ec\uac74 \ub4f1 \uacbd\uae30 \ud638\uc7ac(\uc21c\ud48d)\uac00 \ud604\uc7ac\ub294 \ubd80\ub2f4 \uc694\uc778\ubcf4\ub2e4 \ub354 \ud06c\ub2e4\uace0 \ubc1d\ud614\ub2e4. \ub178\ub3d9\uc2dc\uc7a5\uc740 \uc9c0\ub09c\ud574 \uc810\uc9c4\uc801 \ub454\ud654 \uc774\ud6c4 \uc548\uc815\ub41c \uac83\uc73c\ub85c \ubcf4\uc774\uba70, \ucd5c\uadfc \uace0\uc6a9 \uc99d\uac00(\uae09\uc5ec\uace0\uc6a9 \uc99d\uac00)\ub294 \u2018\uc190\uc775\ubd84\uae30 \uc218\uc900\u2019(\uacbd\uc81c\uac00 \uacfc\uc5f4\u00b7\uce68\uccb4\ub85c \uce58\uc6b0\uce58\uc9c0 \uc54a\uac8c \uace0\uc6a9\uc774 \uc720\uc9c0\ub418\ub294 \ucd5c\uc18c \uc99d\uac00\ud3ed) \uc8fc\ubcc0\uc774\ub77c\uace0 \uc124\uba85\ud588\ub2e4.<\/p>\n
\uadf8\ub294 \ubb3c\uac00\uc0c1\uc2b9\ub960\uc774 \uc5f0\uc900 \ubaa9\ud45c\ub97c \uc758\ubbf8 \uc788\uac8c \uc6c3\ub3c8\ub2e4\uace0 \ub9d0\ud588\ub2e4. \uad00\uc138 \ucda9\uaca9\uacfc \uc720\uac00 \ucda9\uaca9(\uc6d0\uc720\uac00\uaca9 \uae09\ub4f1\ub77d\uc5d0 \ub530\ub978 \ubb3c\uac00 \uc601\ud5a5)\uacfc \ud568\uaed8, \uc77c\uc2dc\uc801 \uc694\uc778 \uc678\uc758 \u2018\uae30\ucd08 \ubb3c\uac00\u2019(\uc77c\uc2dc\uc801 \ubcc0\ub3d9\uc744 \ube7c\uace0 \ucd94\uc138\ub97c \ubcf4\uc5ec\uc8fc\ub294 \ubb3c\uac00)\ub3c4 \uc810\uac80\ud574\uc57c \ud55c\ub2e4\uace0 \ud588\ub2e4. \uc5f0\uc900\uc758 \ub450 \uac00\uc9c0 \ucc45\ubb34(\ubb3c\uac00 \uc548\uc815\uacfc \ucd5c\ub300 \uace0\uc6a9) \ubaa8\ub450\uc5d0 \uc704\ud5d8\uc774 \uc874\uc7ac\ud558\uc9c0\ub9cc, \uc704\ud5d8\uc758 \ubb34\uac8c\uc911\uc2ec\uc774 \ubb3c\uac00 \ucabd\uc73c\ub85c \uc62e\uaca8\uac00\uace0 \uc788\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n
\uadf8\ub294 \uae30\uc900\uae08\ub9ac\ub97c \ud55c\ub3d9\uc548 \uc720\uc9c0\ud574\uc57c \ud560 \uc218 \uc788\ub294 \uc2dc\ub098\ub9ac\uc624\uac00 \ucda9\ubd84\ud788 \uac00\ub2a5\ud558\ub2e4\uace0 \ud588\uace0, \ud604\uc7ac \uc815\ucc45\uc740 \u2018\uc2e4\uc9c8 \uae30\uc900\u2019(\ubb3c\uac00\ub97c \uace0\ub824\ud55c \uae08\ub9ac \uc218\uc900)\uc73c\ub85c \uc911\ub9bd \ub610\ub294 \uc57d\uac04 \uc644\ud654\uc801\uc774\ub77c\uace0 \ub9d0\ud588\ub2e4. \ub610\ud55c \uae08\ub9ac \uc778\ud558\uc640 \uc778\uc0c1 \ubaa8\ub450\ub85c \uc774\uc5b4\uc9c8 \uc218 \uc788\ub294 \uc2dc\ub098\ub9ac\uc624\uac00 \uac00\ub2a5\ud558\ub2e4\uace0 \uc5b8\uae09\ud588\ub2e4.<\/p>\n
\uadf8\ub294 \uc5f0\ubc29\uacf5\uac1c\uc2dc\uc7a5\uc704\uc6d0\ud68c(FOMC\u00b7\uc5f0\uc900\uc758 \uae08\ub9ac \uacb0\uc815 \ud68c\uc758)\uac00 2% \ubb3c\uac00 \ubaa9\ud45c\uc5d0 \uc804\ub150\ud558\uace0 \uc788\uc73c\uba70, 2% \ub2ec\uc131\uc774 \uc131\uc7a5\uacfc \uace0\uc6a9\uc5d0 \ub3c4\uc6c0\uc774 \ub41c\ub2e4\uace0 \uac15\uc870\ud588\ub2e4. \uc18c\ube44\uc790\uc640 \uae30\uc5c5\uc774 \ub192\uc740 \ubb3c\uac00\uc640 \uc9c0\uc18d\ub418\ub294 \uac00\uaca9 \uc0c1\uc2b9\uc73c\ub85c \uc5b4\ub824\uc6c0\uc744 \uacaa\uace0 \uc788\ub2e4\uace0 \uc804\ud588\uace0, \uc54c\ub8e8\ubbf8\ub284\u00b7\ud5ec\ub968 \ub4f1 \uc6d0\uc7ac\ub8cc\u00b7\ubd80\ud488 \ube44\uc6a9(\ud22c\uc785\ube44\uc6a9) \uc0c1\uc2b9\uc774 \uae30\uc5c5 \ud65c\ub3d9\uc5d0 \ucc28\uc9c8\uc744 \uc904 \uc218 \uc788\ub2e4\uace0 \uc9c0\uc801\ud588\ub2e4.<\/p>\n
\ub610\ud55c \ubd88\ud655\uc2e4\uc131 \ub54c\ubb38\uc5d0 \ucc44\uc6a9\uc744 \ubbf8\ub8e8\ub294 \uae30\uc5c5\uc774 \uc788\ub2e4\uace0 \ub9d0\ud588\ub2e4. \uadf8\ub294 \ud1b5\ud654\uc815\ucc45\uc758 \ub3c5\ub9bd\uc131(\uc815\uce58\u00b7\uc815\ubd80\ub85c\ubd80\ud130\uc758 \uc790\uc728\uc131)\uc774 \uc911\uc694\ud558\uba70, \uc5f0\uc900\uc740 \ucc45\uc784 \uc788\uac8c \ud589\ub3d9\ud558\uace0 \ud22c\uba85\ud558\uac8c \uc18c\ud1b5\ud574\uc57c \ud55c\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n
\uae30\ucd08 \ubb3c\uac00 \uc704\ud5d8\uc774 \ucee4\uc9c0\ub294 \ub9cc\ud07c, \ud5a5\ud6c4 \uba87 \ub2ec\uac04 \uae30\uc900\uae08\ub9ac \uacbd\ub85c\ub294 \ub9e4\uc6b0 \ubd88\ud655\uc2e4\ud558\ub2e4\ub294 \uc810\uc744 \uc608\uc0c1\ud560 \ud544\uc694\uac00 \uc788\ub2e4. \uae08\ub9ac \uc778\ud558\ubfd0 \uc544\ub2c8\ub77c \uae08\ub9ac \uc778\uc0c1\uc73c\ub85c \uc774\uc5b4\uc9c8 \uc218 \uc788\ub294 \uc2dc\ub098\ub9ac\uc624\ub3c4 \uac70\ub860\ub418\uace0 \uc788\uc5b4, \ubc1c\uc5b8 \uae30\uc870\uac00 \ud06c\uac8c \ub2ec\ub77c\uc84c\ub2e4. 2026\ub144 3\uc6d4 \uadfc\uc6d0 PCE(\uac1c\uc778\uc18c\ube44\uc9c0\ucd9c \ubb3c\uac00\uc5d0\uc11c \ubcc0\ub3d9\uc774 \ud070 \uc2dd\ud488\u00b7\uc5d0\ub108\uc9c0\ub97c \uc81c\uc678\ud55c \uc9c0\ud45c)\ub294 2.9%\ub85c, \ubb3c\uac00 \uc555\ub825\uc774 \uc27d\uac8c \uaebe\uc774\uc9c0 \uc54a\uc74c\uc744 \ubcf4\uc5ec\uc900\ub2e4.<\/p>\n
\uc774\ub294 \uc5ec\ub984\uc5d0 \uacf5\uaca9\uc801 \uae08\ub9ac \uc778\ud558\uac00 \uc788\uc744 \uac83\uc774\ub77c\ub294 \ubca0\ud305\uc744 \ub418\ub3cc\ub9b4 \uac00\ub2a5\uc131\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \uae08\ub9ac\uac00 \ub354 \uc624\ub798 \ub192\uc740 \uc218\uc900\uc5d0 \uba38\ubb34\ub294 \u2018\uace0\uae08\ub9ac \uc7a5\uae30\ud654\u2019(\ub192\uc740 \uae08\ub9ac\uac00 \uc624\ub7ab\ub3d9\uc548 \uc720\uc9c0\ub418\ub294 \uc0c1\ud669) \uac00\ub2a5\uc131\uc774 \ucee4\uc84c\uae30 \ub54c\ubb38\uc774\ub2e4. SOFR \uc120\ubb3c \uc635\uc158\uc744 \ud1b5\ud574 \u2018\uace0\uae08\ub9ac \uc7a5\uae30\ud654\u2019 \uc2dc\ub098\ub9ac\uc624\uc5d0 \ub300\ube44\ud558\ub294 \uc804\ub7b5\uc774 \ud569\ub9ac\uc801\uc77c \uc218 \uc788\ub2e4. SOFR(\ub2f4\ubcf4\ubd80 \ud558\ub8e8\uc9dc\ub9ac \uae08\ub9ac\u00b7\ubbf8\uad6d \ub2e8\uae30 \uae30\uc900\uae08\ub9ac)\uc740 \ub2ec\ub7ec \ub2e8\uae30\uae08\ub9ac\uc758 \ub300\ud45c \uc9c0\ud45c\ub85c, SOFR \uc120\ubb3c\uc740 \ud5a5\ud6c4 \uae08\ub9ac \uc218\uc900\uc5d0 \ub300\ud55c \uc2dc\uc7a5 \uae30\ub300\ub97c \ubc18\uc601\ud55c\ub2e4. \uc2dc\uc7a5\uc740 \uc5f0\ub9d0\uae4c\uc9c0 2\ucc28\ub840 \uc778\ud558\ub97c \ubc18\uc601\ud574 \uc654\uc9c0\ub9cc, \uc774\uc81c\ub294 \uacfc\ub3c4\ud558\uac8c \ub099\uad00\uc801\uc77c \uc218 \uc788\ub2e4.<\/p>\n
\uc644\ud654\uc801\uc778 \uae08\uc735 \uc5ec\uac74\uc774 \uc21c\ud48d\uc73c\ub85c \uc5b8\uae09\ub41c \ub9cc\ud07c, \uc5f0\uc900\uc774 \ub9e4\ud30c\uc801\uc73c\ub85c(\ubb3c\uac00\ub97c \uc7a1\uae30 \uc704\ud574 \uae08\ub9ac\ub97c \ub354 \ub192\uac8c\u00b7\uc624\ub798 \uc720\uc9c0\ud558\ub824\ub294 \uc131\ud5a5) \ub3cc\uc544\uc124 \uacbd\uc6b0 \uc8fc\uc2dd\uc2dc\uc7a5 \uc548\uc815\uc131\uc774 \uc9c1\uc811 \uc704\ud611\ubc1b\uc744 \uc218 \uc788\ub2e4. \ubcc0\ub3d9\uc131\uc9c0\uc218(VIX\u00b7S&P 500 \uc635\uc158 \uac00\uaca9\uc73c\ub85c \uacc4\uc0b0\ud558\ub294 \u2018\uacf5\ud3ec\uc9c0\uc218\u2019)\ub294 13 \uc548\ud30e\uc758 \uc218\ub144\ub798 \uc800\uc810 \ubd80\uadfc\uc5d0\uc11c \uc6c0\uc9c1\uc774\uace0 \uc788\uc5b4, \uc2dc\uc7a5\uc758 \uc548\uc77c\ud568\uc774 \uacfc\ub3c4\ud560 \uc218 \uc788\ub2e4. S&P 500\uc774 \ucd5c\uadfc \uace0\uc810\uc778 6,200\uc120 \uc704\uc5d0\uc11c \uac70\ub798\ub418\ub294 \uc0c1\ud669\uc744 \uace0\ub824\ud558\uba74, \uc8fc\uc694 \uc9c0\uc218 \ud48b\uc635\uc158(\uc8fc\uac00 \ud558\ub77d \uc2dc \uc774\uc775\uc774 \ub098\ub294 \uc635\uc158) \ub4f1 \ubc29\uc5b4 \uc218\ub2e8 \ub9e4\uc218\ub97c \uac80\ud1a0\ud560 \ud544\uc694\uac00 \uc788\ub2e4.<\/p>\n
\ub178\ub3d9\uc2dc\uc7a5\uc740 2025\ub144 \uc810\uc9c4\uc801 \ub454\ud654 \uad6d\uba74 \ub54c\ucc98\ub7fc \uc815\ucc45 \uc644\ud654(\uae08\ub9ac \uc778\ud558)\uc758 \uba85\ud655\ud55c \uadfc\uac70\ub97c \uc81c\uacf5\ud558\uc9c0 \ubabb\ud558\uace0 \uc788\ub2e4. \uc9c0\ub09c \uae08\uc694\uc77c \uace0\uc6a9\ubcf4\uace0\uc11c\uc5d0\uc11c \ube44\ub18d\uc5c5\ubd80\ubb38 \uace0\uc6a9(\uc815\ubd80 \ud1b5\uacc4\uc758 \ub300\ud45c \uace0\uc6a9\uc9c0\ud45c)\uc740 \uc190\uc775\ubd84\uae30 \uc218\uc900\uc778 11\ub9cc\uba85\uc73c\ub85c \ub098\ud0c0\ub0ac\ub294\ub370, \uc5f0\uc900\uc774 \uae08\ub9ac \uc778\ud558\ub85c \uc11c\ub458\ub7ec \ub300\uc751\ud574\uc57c \ud560 \ub9cc\ud07c \uc57d\ud558\ub2e4\uace0 \ubcf4\uae30 \uc5b4\ub835\ub2e4. \uc774\ub7f0 \uc548\uc815\uc740 \uc62c\ud574 \ucd08 \ud798\uc744 \uc5bb\ub358 \ube44\ub458\uae30\ud30c\uc801 \uc8fc\uc7a5(\uacbd\uae30 \uc6b0\ub824\ub85c \uae08\ub9ac\ub97c \ub0b4\ub824\uc57c \ud55c\ub2e4\ub294 \uc8fc\uc7a5)\uc744 \ub4b7\ubc1b\uce68\ud558\ub358 \ud575\uc2ec \uadfc\uac70\ub97c \uc57d\ud654\uc2dc\ud0a8\ub2e4.<\/p>\n
\uc54c\ub8e8\ubbf8\ub284 \uac19\uc740 \ud22c\uc785\ube44\uc6a9 \uc0c1\uc2b9\uacfc \uc720\uac00 \ucda9\uaca9\uc758 \ud30c\uae09 \uac00\ub2a5\uc131\ub3c4 \uc9c1\uc811 \uc5b8\uae09\ub418\uace0 \uc788\ub2e4. \uc774\ub294 \uacf5\uae09 \uce21 \uc694\uc778(\uc6d0\uac00\u00b7\uc218\uae09 \ub4f1 \uc0dd\uc0b0 \ub2e8\uacc4\uc5d0\uc11c \ubc1c\uc0dd\ud558\ub294 \uc694\uc778)\uc5d0\uc11c \ubb3c\uac00\uac00 \uc9c0\uc18d\ub420 \uc218 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud558\uba70, \ud1b5\ud654\uc815\ucc45\uc774 \uc9c1\uc811 \ud1b5\uc81c\ud558\uae30 \uc5b4\ub824\uc6b4 \uc601\uc5ed\uc774\ub2e4. \ud2b9\uc815 \ubb3c\uac00 \uc704\ud5d8\uc5d0 \ub300\ube44\ud574 \uc6d0\uc790\uc7ac \uc120\ubb3c(\uc6d0\uc790\uc7ac \uac00\uaca9\uc5d0 \uc5f0\ub3d9\ub418\ub294 \uc120\ubb3c \uacc4\uc57d) \ub9e4\uc218 \ube44\uc911\uc744 \uad6c\ucd95\ud558\uac70\ub098 \ub298\ub9ac\ub294 \ubc29\uc548\uc744 \uace0\ub824\ud560 \uc218 \uc788\ub2e4.<\/p>\n
\uae30\uc5c5\ub4e4\uc774 \ubd88\ud655\uc2e4\uc131 \ub54c\ubb38\uc5d0 \ucc44\uc6a9\uc744 \uba48\ucd98\ub2e4\uace0 \uacf5\uac1c\uc801\uc73c\ub85c \ub9d0\ud558\uace0 \uc788\ub294 \uc810\uc740, \uc5ec\uac74\uc774 \ub354 \ud0c0\uc774\ud2b8\ud574\uc9c8 \uacbd\uc6b0 \ub354 \ub113\uc740 \uacbd\uae30 \ub454\ud654\uc758 \uc120\ud589 \uc2e0\ud638(\uc55e\uc73c\ub85c\uc758 \ud750\ub984\uc744 \ubbf8\ub9ac \ubcf4\uc5ec\uc8fc\ub294 \uc2e0\ud638)\uc77c \uc218 \uc788\ub2e4. \ub048\uc801\ud55c \ubb3c\uac00(\uc798 \ub0b4\ub824\uac00\uc9c0 \uc54a\ub294 \ubb3c\uac00)\uc640 \uacbd\uae30 \ub454\ud654 \uac00\ub2a5\uc131\uc774 \ub3d9\uc2dc\uc5d0 \uc874\uc7ac\ud558\ub294 \u2018\uc591\ubc29\ud5a5 \uc704\ud5d8\u2019\uc740 \uc2a4\ud2b8\ub798\ub4e4 \uc804\ub7b5(\uac19\uc740 \ub9cc\uae30\u00b7\ud589\uc0ac\uac00\uc758 \ucf5c\uc635\uc158\uacfc \ud48b\uc635\uc158\uc744 \ud568\uaed8 \ub9e4\uc218\ud574, \uc5b4\ub290 \ubc29\ud5a5\uc774\ub4e0 \ud06c\uac8c \uc6c0\uc9c1\uc774\uba74 \uc218\uc775\uc744 \ub178\ub9ac\ub294 \uc804\ub7b5)\uc744 \ub354 \ub9e4\ub825\uc801\uc73c\ub85c \ub9cc\ub4e0\ub2e4. \uacb0\uacfc\ub97c \uc815\ud655\ud788 \uc608\uce21\ud558\uc9c0 \ubabb\ud574\ub3c4 \ud070 \ubcc0\ub3d9\uc5d0\uc11c \uc774\uc775\uc744 \uae30\ub300\ud560 \uc218 \uc788\uae30 \ub54c\ubb38\uc774\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"
\u201c\uace0\uae08\ub9ac \uc7a5\uae30\ud654\u201d \uacbd\uace0\ub4f1? \ubb34\uc0b4\ub818 \ucd1d\uc7ac\ub294 \uad00\uc138\u00b7\uc804\uc7c1 \ubd88\ud655\uc2e4\uc131\uc774 \uc5ed\ud48d\uc774\uc9c0\ub9cc \uae08\uc735\uc5ec\uac74\uc740 \uc21c\ud48d\uc774\ub77c\uba70, \ubb3c\uac00 \uc704\ud5d8\uc774 \ucee4\uc838 \uae08\ub9ac \ub3d9\uacb0 \uc7a5\uae30\ud654\u00b7\uc778\uc0c1 \uac00\ub2a5\uc131\uae4c\uc9c0 \uc2dc\uc0ac\ud588\ub2e4.<\/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-46341","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\/46341","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=46341"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46341\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}