{"id":46508,"date":"2026-05-08T19:24:16","date_gmt":"2026-05-08T19:24:16","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%af%b8%ea%b5%ad-1%eb%85%84-%ea%b8%b0%eb%8c%80%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-4-5%eb%a1%9c-%eb%91%94%ed%99%94%ec%97%b0%ec%a4%80-%eb%b9%84%eb%91%98%ea%b8%b0%ed%8c%8c\/"},"modified":"2026-05-08T19:24:16","modified_gmt":"2026-05-08T19:24:16","slug":"%eb%af%b8%ea%b5%ad-1%eb%85%84-%ea%b8%b0%eb%8c%80%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-4-5%eb%a1%9c-%eb%91%94%ed%99%94%ec%97%b0%ec%a4%80-%eb%b9%84%eb%91%98%ea%b8%b0%ed%8c%8c","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%af%b8%ea%b5%ad-1%eb%85%84-%ea%b8%b0%eb%8c%80%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-4-5%eb%a1%9c-%eb%91%94%ed%99%94%ec%97%b0%ec%a4%80-%eb%b9%84%eb%91%98%ea%b8%b0%ed%8c%8c\/","title":{"rendered":"\ubbf8\uad6d 1\ub144 \uae30\ub300\uc778\ud50c\ub808\uc774\uc158 4.5%\ub85c \ub454\ud654\u2026\uc5f0\uc900 \u2018\ube44\ub458\uae30\ud30c\u2019 \uc804\ud658 \ubca0\ud305 \uac15\ud654"},"content":{"rendered":"<p>\ubbf8\uad6d\uc758 1\ub144(\ud5a5\ud6c4 12\uac1c\uc6d4) \uc18c\ube44\uc790 \uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00\uc0c1\uc2b9) \uae30\ub300\uce58\uac00 5\uc6d4 4.5%\ub85c \ub0b4\ub824\uac14\ub2e4. \uc774\uc804 \uc218\uce58\ub294 4.7%\uc600\ub2e4.<\/p>\n<p>\uc774\ubc88 \ubcc0\ud654\ub294 \uc9c1\uc804 \uc218\uce58 \ub300\ube44 0.2%\ud3ec\uc778\ud2b8 \ud558\ub77d\uc744 \uc758\ubbf8\ud55c\ub2e4. \uc774 \uc218\uce58\ub294 \uc55e\uc73c\ub85c 12\uac1c\uc6d4 \ub3d9\uc548 \ubb3c\uac00\uac00 \uc5bc\ub9c8\ub098 \uc624\ub97c\uc9c0\uc5d0 \ub300\ud55c \uc18c\ube44\uc790\ub4e4\uc758 \uc608\uc0c1\uc774\ub2e4.<\/p>\n<h3>Fed Pivot Signals Strengthen<\/h3>\n<p>1\ub144 \uae30\ub300 \uc778\ud50c\ub808\uc774\uc158\uc774 4.5%\ub85c \ub0ae\uc544\uc9c0\uba74\uc11c, \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed\u00b7\ubbf8 \uc911\uc559\uc740\ud589)\uac00 \uadf8\ub3d9\uc548\uc758 \u2018\uacf5\uaca9\uc801(\ud070 \ud3ed) \uae34\ucd95\u2019 \uae30\uc870\ub97c \ub9c8\ubb34\ub9ac\ud558\uace0 \ubc29\ud5a5\uc744 \ubc14\uafc0(\ud53c\ubc97\u00b7\ud1b5\ud654\uc815\ucc45 \uc804\ud658) \uac00\ub2a5\uc131\uc774 \ucee4\uc84c\ub2e4\ub294 \uc2e0\ud638\ub85c \ud574\uc11d\ub41c\ub2e4. \ud2b9\ud788 4\uc6d4 \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218(CPI\u00b7\uc18c\ube44\uc790\uac00 \uc2e4\uc81c\ub85c \uc0ac\ub294 \uc0c1\ud488\u00b7\uc11c\ube44\uc2a4 \uac00\uaca9\uc744 \ubb36\uc5b4 \uce21\uc815\ud55c \uc9c0\ud45c)\uac00 3.6%\ub85c \uc2dc\uc7a5 \uc608\uc0c1\ubcf4\ub2e4 \ub2e4\uc18c \ub192\uac8c \ub098\uc628 \uc0c1\ud669\uc5d0\uc11c, \uc18c\ube44\uc790 \uc2ec\ub9ac(\uae30\ub300\uce58)\uac00 \uc2e4\uc81c \ud1b5\uacc4\ubcf4\ub2e4 \uba3c\uc800 \uaebe\uc774\uace0 \uc788\ub2e4\ub294 \uc810\uc774 \uc911\uc694\ud558\ub2e4. \uc774\ub7f0 \uc5c7\uac08\ub9bc\uc740 \uc911\uc559\uc740\ud589\uc774 \ub354 \uc644\ud654\uc801\uc778(\ube44\ub458\uae30\ud30c\u00b7dovish: \uae08\ub9ac \uc778\ud558\ub098 \uc644\ud654\ub97c \uc120\ud638) \ucabd\uc73c\ub85c \uae30\uc6b8 \uc218 \uc788\ub2e4\ub294 \uad00\uce21\uc744 \uac15\ud654\ud55c\ub2e4.<\/p>\n<p>\uae08\ub9ac \uc2dc\uc7a5\uc5d0\uc11c\ub294 \ud5a5\ud6c4 Fed\uc758 \uc815\ucc45 \uacbd\ub85c(\uae08\ub9ac \uc778\uc0c1\u00b7\ub3d9\uacb0\u00b7\uc778\ud558 \uc608\uc0c1)\uac00 \ub2e4\uc2dc \uac00\uaca9\uc5d0 \ubc18\uc601(\ub9ac\ud504\ub77c\uc774\uc2f1\u00b7repricing: \uae08\uc735\uc0c1\ud488 \uac00\uaca9\uc5d0 \uc0c8\ub85c\uc6b4 \uc804\ub9dd\uc744 \uc7ac\ubc18\uc601)\ub420 \uac00\ub2a5\uc131\uc774 \uc788\ub2e4. \uc2e4\uc81c\ub85c Fed Funds \uc120\ubb3c(\uae30\uc900\uae08\ub9ac \uc804\ub9dd\uc744 \ubc18\uc601\ud558\ub294 \uc120\ubb3c) \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c 9\uc6d4 \uae08\ub9ac \uc778\ud558 \ud655\ub960\uc774 \uc7a5 \ucd08\ubc18 \uc57d 25%\uc5d0\uc11c 40% \uac00\uae4c\uc774\ub85c \ub6f0\ub294 \ud750\ub984\uc774 \ub098\ud0c0\ub0ac\ub2e4. \ub2e8\uae30 \uae08\ub9ac \uae30\ub300\uac00 \uc7a5\uae30\ubcf4\ub2e4 \ub354 \ube60\ub974\uac8c \ub0b4\ub824\uac08 \ub54c \ub098\ud0c0\ub098\ub294 \u2018\uc218\uc775\ub960 \uace1\uc120 \ud3c9\ud0c4\ud654\u2019(yield curve flattening: \ub2e8\uae30\u00b7\uc7a5\uae30 \uae08\ub9ac \ucc28\uac00 \uc904\uc5b4\ub4dc\ub294 \ud604\uc0c1) \uad6d\uba74\uc744 \uc5fc\ub450\uc5d0 \ub454 \ub300\uc751\uc774 \uac70\ub860\ub420 \uc218 \uc788\ub2e4.<\/p>\n<p>\uc8fc\uc2dd \ud30c\uc0dd\uc0c1\ud488(\uc635\uc158\u00b7\uc120\ubb3c \ub4f1) \uce21\uba74\uc5d0\uc11c\ub294 \uc778\ud50c\ub808\uc774\uc158 \uc804\ub9dd\uc758 \uc644\ud654\uac00 \uc8fc\uac00\uc5d0 \uae0d\uc815\uc801(\uac15\uc138 \ucd09\ub9e4\u00b7bullish catalyst: \uc0c1\uc2b9 \uc7ac\ub8cc)\uc73c\ub85c \uc791\uc6a9\ud560 \uc218 \uc788\ub2e4. \ud2b9\ud788 \uae08\ub9ac\uc5d0 \ubbfc\uac10\ud55c(\uae08\ub9ac\uac00 \ub0b4\ub824\uac00\uba74 \uae30\uc5c5\uac00\uce58 \ud3c9\uac00\uc5d0 \uc720\ub9ac\ud55c) \uae30\uc220\uc8fc\u00b7\uc131\uc7a5\uc8fc\uc5d0 \uc720\ub9ac\ud558\ub2e4. \ubcc0\ub3d9\uc131 \uc9c0\ud45c\uc778 VIX(\u2018\uacf5\ud3ec\uc9c0\uc218\u2019\ub85c \ubd88\ub9ac\uba70 S&#038;P500 \uc635\uc158\uc758 \uae30\ub300 \ubcc0\ub3d9\uc131\uc744 \ub098\ud0c0\ub0b4\ub294 \uc9c0\uc218)\uac00 \ud604\uc7ac 15 \uc218\uc900\uc778 \uac00\uc6b4\ub370, \uae08\ub9ac \ubd88\ud655\uc2e4\uc131\uc774 \uc904\uba74 \u2018\ub0b4\uc7ac\ubcc0\ub3d9\uc131\u2019(implied volatility: \uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \uc2dc\uc7a5\uc758 \uc608\uc0c1 \ubcc0\ub3d9\uc131)\ub3c4 \ub0ae\uc544\uc9c8 \uc218 \uc788\ub2e4. \ub098\uc2a4\ub2e5100 \uc9c0\uc218(NDX) \ucf5c\uc635\uc158(\uc0c1\uc2b9\uc5d0 \ubca0\ud305\ud558\ub294 \uad8c\ub9ac) \ub9e4\uc218\ub098, \ub354 \ub113\uc740 \uc9c0\uc218\uc5d0 \ub300\ud55c \ud48b\uc635\uc158(\ud558\ub77d\uc5d0 \ub300\ube44\ud558\ub294 \uad8c\ub9ac) \ub9e4\ub3c4 \uac19\uc740 \uc804\ub7b5\uc774 \uc5b8\uae09\ub420 \uc218 \uc788\ub2e4.<\/p>\n<p>\ub2ec\ub7ec\ub294 \uc57d\uc138 \uc555\ub825\uc744 \ubc1b\uc744 \uac00\ub2a5\uc131\uc774 \uc788\ub2e4. Fed\uac00 \uc720\ub7fd\uc911\uc559\uc740\ud589(ECB)\ubcf4\ub2e4 \ub354 \uc644\ud654\uc801\uc73c\ub85c \ubcf4\uc778\ub2e4\ub294 \uc778\uc2dd\uc774 \ucee4\uc9c0\uba74, \uc720\ub85c\/\ub2ec\ub7ec(EUR\/USD)\uac00 \uc624\ub974\ub294 \ubc29\ud5a5\uc758 \uac70\ub798(\uc720\ub85c \uac15\uc138\u00b7\ub2ec\ub7ec \uc57d\uc138) \uae30\ud68c\uac00 \uc0dd\uae38 \uc218 \uc788\ub2e4. \uc9c0\ub09c \ubd84\uae30\uc5d0 \ub3cc\ud30c\ud558\uc9c0 \ubabb\ud588\ub358 \uc800\ud56d\uc120(\uac00\uaca9 \uc0c1\uc2b9\uc744 \ub9c9\ub294 \uad6c\uac04) \uc7ac\uc2dc\ud5d8 \uc5ec\ubd80\uac00 \uad00\uc804 \ud3ec\uc778\ud2b8\ub2e4.<\/p>\n<p>\uc774\ub7f0 \ud750\ub984\uc740 2025\ub144 \ub300\ubd80\ubd84\uacfc\ub294 \ubd84\uc704\uae30\uac00 \ub2e4\ub974\ub2e4. \ub2f9\uc2dc\uc5d0\ub294 \uc11c\ube44\uc2a4 \ubb3c\uac00(\uc784\uae08\u00b7\uc678\uc2dd\u00b7\uc758\ub8cc \ub4f1 \uc11c\ube44\uc2a4 \uac00\uaca9) \uc0c1\uc2b9\uc774 \uc798 \uaebe\uc774\uc9c0 \uc54a\uace0, \uae08\ub9ac\ub97c \uc624\ub798 \ub192\uc740 \uc218\uc900\uc73c\ub85c \uc720\uc9c0\ud55c\ub2e4\ub294 \u2018\ud558\uc774 \ud3ec \ub871\uac70\u2019(higher for longer) \uc804\ub9dd\uc774 \uc2dc\uc7a5\uc744 \uc9c0\ubc30\ud588\ub2e4. \ud558\uc9c0\ub9cc \uc774\ubc88 \uc9c0\ud45c\ub294 \uc18c\ube44\uc790\ub4e4\uc758 \ubb3c\uac00 \uc778\uc2dd\uc774 \ud754\ub4e4\ub9ac\uae30 \uc2dc\uc791\ud588\ub2e4\ub294 \uc2e0\ud638\ub85c, Fed\uac00 \ubb34\uc2dc\ud558\uae30 \uc5b4\ub824\uc6b4 \uc120\ud589 \uc9c0\ud45c(\ub2e4\ub978 \uacbd\uc81c\uc9c0\ud45c\ubcf4\ub2e4 \uba3c\uc800 \ubc29\ud5a5\uc744 \ubcf4\uc5ec\uc8fc\ub294 \uc9c0\ud45c)\ub85c \ubc1b\uc544\ub4e4\uc5ec\uc9c8 \uc218 \uc788\ub2e4.<\/p>\n<h3>What It Means For Positioning<\/h3>\n","protected":false},"excerpt":{"rendered":"<p>\u201c\ubb3c\uac00 \uae30\ub300 \uaebe\uc600\ub2e4\u201d 1\ub144 \uae30\ub300 \uc778\ud50c\ub808\uc774\uc158 5\uc6d4 4.5%\ub85c 0.2%p \ud558\ub77d. Fed \ud53c\ubc97\u00b79\uc6d4 \uc778\ud558 \ubca0\ud305 \uac15\ud654, \uae08\ub9ac\u00b7\ub2ec\ub7ec\ub294 \uc57d\uc138, \uae30\uc220\uc8fc\uc5d4 \ud638\uc7ac\ub85c \ud574\uc11d\ub41c\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-46508","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\/46508","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=46508"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46508\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}