\ubbf8\uad6d \ubbfc\uac04 \ubd80\ubb38 \uace0\uc6a9\uc774 4\uc6d4 \ub9d0 \ub2e4\uc2dc \ub298\uc5c8\ub2e4. ADP \uc804\ubbf8 \uace0\uc6a9\ubcf4\uace0\uc11c\uc758 \uc8fc\uac04 \ubcf4\uc870 \uc9c0\ud45c\uc778 NER Pulse(\uc8fc\uac04 \uace0\uc6a9 \ub3d9\ud5a5 \uc9c0\ud45c)\uc5d0 \ub530\ub974\uba74, 4\uc6d4 25\uc77c\ub85c \ub05d\ub09c 4\uc8fc \ub3d9\uc548 \uace0\uc6a9\uc8fc\ub4e4\uc740 \uc8fc\ub2f9 \ud3c9\uade0 3\ub9cc3,000\uac1c\uc758 \uc77c\uc790\ub9ac\ub97c \ucd94\uac00\ud588\ub2e4.<\/p>\n
\uc774\ub294 \uc9c1\uc804 \uc218\uce58\uc5d0\uc11c \uc18c\ud3ed \uc99d\uac00\ud55c \uac83\uc774\ub2e4. \uc774\ubc88 \ub370\uc774\ud130\ub294 \uc804\uc8fc\uc5d0 \ub098\ud0c0\ub09c \uace0\uc6a9 \uc99d\uac00 \ud750\ub984\uc774 \uc774\uc5b4\uc84c\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4.<\/p>\n
\uace0\uc6a9 \uc218\uc900\uc740 \uacbd\uc81c\uc131\uc7a5\uc5d0 \uc601\ud5a5\uc744 \uc8fc\uae30 \ub54c\ubb38\uc5d0 \ud1b5\ud654(\ud658\uc728) \uac00\uce58\uc5d0\ub3c4 \uc601\ud5a5\uc744 \uc904 \uc218 \uc788\ub2e4. \uace0\uc6a9\uc774 \ub298\uba74 \uc18c\ube44 \uc9c0\ucd9c\uc744 \ub4b7\ubc1b\uce68\ud558\uace0, \ub178\ub3d9\uc2dc\uc7a5\uc774 \ud0c0\uc774\ud2b8\ud55c(\uc77c\ud560 \uc0ac\ub78c\uc5d0 \ube44\ud574 \uad6c\uc778 \uc218\uc694\uac00 \ub9ce\uc740) \uc0c1\ud669\uc5d0\uc11c\ub294 \uc784\uae08\uacfc \ubb3c\uac00\uac00 \ud568\uaed8 \uc624\ub97c \uc218 \uc788\ub2e4.<\/p>\n
\uc784\uae08 \uc0c1\uc2b9\ub960\uc740 \uc911\uc694\ud558\ub2e4. \uc784\uae08\uc774 \uc624\ub974\uba74 \uac00\uacc4\uc758 \uc18c\ube44 \uc5ec\ub825\uc774 \ucee4\uc9c0\uace0, \uae30\uc5c5 \ube44\uc6a9\ub3c4 \ub298\uc5b4 \ubb3c\uac00\ub97c \ub04c\uc5b4\uc62c\ub9b4 \uc218 \uc788\ub2e4. \uc911\uc559\uc740\ud589\uc774 \uc784\uae08 \ub370\uc774\ud130\ub97c \uc8fc\uc2dc\ud558\ub294 \uc774\uc720\ub294, \uc5d0\ub108\uc9c0 \uac00\uaca9 \uae09\ub4f1\ucc98\ub7fc \uc77c\uc2dc\uc801 \uc694\uc778\uc5d0 \ub530\ub978 \ubb3c\uac00\ubcf4\ub2e4 \uc784\uae08\ubc1c(\uc784\uae08\uc774 \uc6d0\uc778\uc774 \ub418\ub294) \ubb3c\uac00 \uc555\ub825\uc774 \ub354 \uc624\ub798 \uc9c0\uc18d\ub418\ub294 \uacbd\ud5a5\uc774 \uc788\uae30 \ub54c\ubb38\uc774\ub2e4.<\/p>\n
\uc911\uc559\uc740\ud589\uc740 \uace0\uc6a9\uc744 \uc131\uc7a5\uacfc \ubb3c\uac00\ub97c \uc787\ub294 \ud575\uc2ec \uc9c0\ud45c\ub85c \ubcf8\ub2e4. \ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed\u00b7\ubbf8 \uc911\uc559\uc740\ud589)\ub294 \u2018\ucd5c\ub300 \uace0\uc6a9\u2019\uacfc \u2018\ubb3c\uac00 \uc548\uc815\u2019\uc774\ub77c\ub294 \ub450 \uac00\uc9c0 \ubaa9\ud45c(\uc774\uc911 \ucc45\ubb34)\ub97c \uac16\uace0 \uc788\uace0, \uc720\ub7fd\uc911\uc559\uc740\ud589(ECB\u00b7\uc720\ub85c\uc874 \uc911\uc559\uc740\ud589)\uc740 \ubb3c\uac00 \uc548\uc815\uc5d0 \ub354 \uc9d1\uc911\ud55c\ub2e4.<\/p>\n
4\uc6d4 \ub9d0 \uc8fc\ub2f9 3\ub9cc3,000\uac1c\uc758 \ubbfc\uac04 \uc77c\uc790\ub9ac \uc99d\uac00\ub77c\ub294 \uacb0\uacfc\ub294 \ub178\ub3d9\uc2dc\uc7a5\uc774 \uc608\uc0c1\ub9cc\ud07c \ube60\ub974\uac8c \uc2dd\uc9c0 \uc54a\uace0 \uc788\uc74c\uc744 \ubcf4\uc5ec\uc900\ub2e4. \uc774\ub294 \ubb3c\uac00(\uc778\ud50c\ub808\uc774\uc158)\uc640 Fed\uc758 \ud5a5\ud6c4 \uc815\ucc45 \uacbd\ub85c\uc5d0 \uc9c1\uc811\uc801\uc778 \uc758\ubbf8\uac00 \uc788\ub2e4. \uc2dc\uc7a5\uc740 \uae08\ub9ac \uc778\ud558\ub97c \uc815\ub2f9\ud654\ud560 \uc57d\ud55c \uc2e0\ud638\ub97c \uae30\ub300\ud574 \uc654\uc9c0\ub9cc, \uc774\ubc88 \ub370\uc774\ud130\ub294 \u2018\uc11c\ub450\ub974\uae30 \uc5b4\ub835\ub2e4\u2019\ub294 \ucabd\uc5d0 \ubb34\uac8c\ub97c \uc2e3\ub294\ub2e4.<\/p>\n
\uc774 \ud750\ub984\uc740 \ub354 \ud070 \uacbd\uc81c \uadf8\ub9bc\uacfc\ub3c4 \ub9de\ubb3c\ub9b0\ub2e4. 2026\ub144 4\uc6d4 \ubbf8\uad6d \ub178\ub3d9\ud1b5\uacc4\uad6d(BLS\u00b7\uc815\ubd80 \uacf5\uc2dd \ud1b5\uacc4 \uae30\uad00)\uc758 \uacf5\uc2dd \uace0\uc6a9\ubcf4\uace0\uc11c\ub294 \uc2e0\uaddc \uace0\uc6a9\uc774 19\ub9cc5,000\uba85 \uc99d\uac00\ud574 \uc608\uc0c1\uce58\ub97c \uc6c3\ub3cc\uc558\ub2e4. \ub610\ud55c \uc804\ub144 \ub300\ube44 \uc784\uae08 \uc0c1\uc2b9\ub960\uc740 4.0%\ub85c \ub2e4\uc2dc \uc62c\ub77c, Fed \uc778\uc0ac\ub4e4\uc758 \uacbd\uacc4\uc2ec\uc744 \ub192\uc77c \uc218\uc900\uc774\ub2e4. \uc774\ub7f0 \uc218\uce58\ub97c \ubcf4\uba74, \ud0c0\uc774\ud2b8\ud55c \uace0\uc6a9\uc2dc\uc7a5(\uad6c\uc778 \uc6b0\uc704)\uc774 \ub9cc\ub4dc\ub294 \uae30\uc800 \ubb3c\uac00 \uc555\ub825\uc740 \uc5ec\uc804\ud788 \ud575\uc2ec \uac71\uc815\uac70\ub9ac\ub2e4.<\/p>\n
Fed\uc758 \ubaa9\ud45c\uac00 \ubb3c\uac00 \uc548\uc815\uacfc \ucd5c\ub300 \uace0\uc6a9\uc778 \ub9cc\ud07c, \uc774\ubc88 \ubcf4\uace0\uc11c\ub294 \uc815\ucc45 \ucd08\uc810\uc744 \uace0\uc6a9\ubcf4\ub2e4 \ubb3c\uac00 \ucabd\uc73c\ub85c \ub354 \uae30\uc6b8\uac8c \ud55c\ub2e4. \uc2e4\uc5c5\ub960\uc740 \ub0ae\uc740 3.7%\uc5d0\uc11c \uc548\uc815\ub3fc \uc788\uc5b4, \uace0\uc6a9 \ubaa9\ud45c\ub294 \uc0c1\ub2f9 \ubd80\ubd84 \ub2ec\uc131\ub410\ub2e4\uace0 \ubcfc \uc5ec\uc9c0\uac00 \uc788\ub2e4. \uadf8\ub9cc\ud07c \uc815\ucc45 \ub2f9\uad6d\uc740 \ubb3c\uac00\ub97c \ud655\uc2e4\ud788 \uc7a1\uae30 \uc704\ud574 \ub192\uc740 \uae08\ub9ac \uc218\uc900(\uae34\ucd95\uc801 \uae08\ub9ac)\uc744 \ub354 \uc624\ub798 \uc720\uc9c0\ud560 \uc5ec\uc720\uac00 \uc0dd\uae34\ub2e4.<\/p>\n
2025\ub144\uc5d0\ub294 \uc2dc\uc7a5\uc774 \uc5ec\ub7ec \ucc28\ub840 \u2018\uacf5\uaca9\uc801\uc778(\ud070 \ud3ed\uc758) \uae08\ub9ac \uc778\ud558\u2019\ub97c \ubbf8\ub9ac \ubc18\uc601\ud588\uc9c0\ub9cc, \uacbd\uc81c\uc9c0\ud45c\uac00 \uc608\uc0c1\ubcf4\ub2e4 \uacac\uc870\ud574 \uc2e4\uc81c \uc778\ud558\ub294 \uc774\ub904\uc9c0\uc9c0 \uc54a\uc558\ub2e4. \uc9c0\uae08 \uc0c1\ud669\ub3c4 \ube44\uc2b7\ud574, \uac00\uae4c\uc6b4 \uc2dc\uc77c \ub0b4 \uc644\ud654 \uc804\ud658\uc744 \ub099\uad00\ud558\ub294 \ubca0\ud305\uc740 \uacbd\uacc4\uac00 \ud544\uc694\ud558\ub2e4.<\/p>\n
\uae08\ub9ac \ud30c\uc0dd\uc0c1\ud488(\uae08\ub9ac \ubcc0\ub3d9\uc5d0 \uc5f0\ub3d9\ub3fc \uc218\uc775\u00b7\uc190\uc2e4\uc774 \ub098\ub294 \uc120\ubb3c\u00b7\uc635\uc158 \ub4f1) \uac70\ub798\uc790 \uc785\uc7a5\uc5d0\uc11c\ub294, \uc5ec\ub984 \uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uc774 \ub0ae\uc544\uc84c\uc744 \uc218 \uc788\ub2e4. \uc608\ub97c \ub4e4\uc5b4 SOFR \uc120\ubb3c(\ub2f4\ubcf4\ubd80 \uc775\uc77c\uae08\ub9ac SOFR\ub97c \uae30\ucd08\ub85c \ud55c \uae08\ub9ac \uc120\ubb3c) 3\ubd84\uae30\ubb3c\uc744 \ub9e4\ub3c4\ud558\uac70\ub098, \uae08\ub9ac\uac00 \ub192\uc740 \uc218\uc900\uc5d0 \uba38\ubb3c\uba74 \uc774\uc775\uc774 \ub098\ub294 \uc635\uc158\uc744 \ub9e4\uc218\ud558\ub294 \ubc29\uc2dd\uc73c\ub85c \u2018\ub3d9\uacb0 \uc9c0\uc18d\u2019\uc5d0 \ub300\ube44\ud558\ub294 \ud3ec\uc9c0\uc158\uc744 \uac80\ud1a0\ud560 \uc218 \uc788\ub2e4. \u2018\uace0\uae08\ub9ac \uc7a5\uae30\ud654(higher-for-longer\u00b7\uae08\ub9ac\uac00 \uc624\ub798 \ub192\uac8c \uc720\uc9c0\ub418\ub294 \ud750\ub984)\u2019 \uc11c\uc0ac\uac00 \uac15\ud55c \uc9c0\ud45c\uac00 \ub098\uc62c\uc218\ub85d \ud798\uc744 \uc5bb\uace0 \uc788\ub2e4.<\/p>\n
\uc774\ub7f0 \ubd88\ud655\uc2e4\uc131\uc740 \uc8fc\uc2dd\uc2dc\uc7a5 \ubcc0\ub3d9\uc131(\uac00\uaca9\uc774 \ud06c\uac8c \ud754\ub4e4\ub9ac\ub294 \uc815\ub3c4)\ub3c4 \ud0a4\uc6b8 \uc218 \uc788\ub2e4. \uae08\ub9ac \uc778\ud558 \uc9c0\uc5f0\uc740 \uc8fc\uc2dd\uc5d0 \ubd80\ub2f4 \uc694\uc778\uc774 \ub420 \uc218 \uc788\uc5b4, \uc635\uc158\uc744 \ud65c\uc6a9\ud55c \ubc29\uc5b4(\ud5e4\uc9c0)\ub098 \ub2e8\uae30 \ubcc0\ub3d9\uc131 \ud655\ub300\uc5d0 \ub300\ud55c \uc804\ub7b5\uc744 \uac80\ud1a0\ud560 \ub9cc\ud558\ub2e4. \uc608\ucee8\ub300 VIX \ucf5c(\ubcc0\ub3d9\uc131 \uc9c0\uc218 \uc0c1\uc2b9\uc5d0 \ubca0\ud305\ud558\ub294 \uc635\uc158) \ub9e4\uc218\ub098, \uc8fc\uc694 \uc9c0\uc218 ETF\uc5d0\uc11c \uc2a4\ud2b8\ub798\ub4e4(\uac19\uc740 \ub9cc\uae30\u00b7\uac19\uc740 \ud589\uc0ac\uac00\uc758 \ucf5c\uacfc \ud48b\uc744 \ub3d9\uc2dc\uc5d0 \ub9e4\uc218\ud574 \ud070 \ubcc0\ub3d9\uc5d0 \ubca0\ud305) \uad6c\ucd95 \uac19\uc740 \uc804\ub7b5\uc774 \ud5a5\ud6c4 \uba87 \uc8fc\uac04 \uc720\ud6a8\ud560 \uc218 \uc788\ub2e4.<\/p>\n
\uc678\ud658\uc2dc\uc7a5\uc5d0\uc11c\ub294 \ub2ec\ub7ec \uac15\uc138 \ub17c\ub9ac\ub97c \uac15\ud654\ud55c\ub2e4. \ubbf8\uad6d \uacbd\uc81c\uc758 \ubaa8\uba58\ud140(\uacbd\uae30 \uc0c1\uc2b9 \ub3d9\ub825)\uc774 \ub2e4\ub978 \uc9c0\uc5ed\ubcf4\ub2e4 \ud06c\ub2e4\uba74, Fed\ub294 \uc720\ub7fd\uc774\ub098 \uc544\uc2dc\uc544\uc758 \uc911\uc559\uc740\ud589\ubcf4\ub2e4 \ub354 \u2018\ub9e4\ud30c\uc801(\ubb3c\uac00 \uc5b5\uc81c\ub97c \uc704\ud574 \uae08\ub9ac\ub97c \ub192\uac8c \uc720\uc9c0\ud558\ub824\ub294 \uc131\ud5a5)\u2019\uc77c \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4. \uc774\uc5d0 \ub530\ub77c \ubbf8\uad6d\ub2ec\ub7ec\uc778\ub371\uc2a4(DXY\u00b7\uc8fc\uc694 \ud1b5\ud654 \ub300\ube44 \ub2ec\ub7ec \uac00\uce58\ub97c \ub098\ud0c0\ub0b4\ub294 \uc9c0\uc218) \uc120\ubb3c\uc774\ub098 \ucf5c\uc635\uc158\uc744 \ud1b5\ud55c \ub2ec\ub7ec \uac15\uc138(\ub871) \ud3ec\uc9c0\uc158\uc774 \uc5ec\uc804\ud788 \ub9e4\ub825\uc801\uc774\ub77c\ub294 \ud310\ub2e8\uc774 \ub098\uc628\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"
\u201c\uace0\uc6a9\uc774 \uc548 \uc2dd\ub294\ub2e4\u201d \uc2e0\ud638. ADP NER Pulse, 4\uc6d4 \ub9d0 4\uc8fc \ud3c9\uade0 \uc8fc\ub2f9 3.3\ub9cc\uac1c \ubbfc\uac04 \uc77c\uc790\ub9ac\u2191. \uc784\uae08\u00b7\ubb3c\uac00 \uc555\ub825\uc5d0 Fed \uc778\ud558 \uc9c0\uc5f0, \uace0\uae08\ub9ac \uc7a5\uae30\ud654\u00b7\ub2ec\ub7ec \uac15\uc138 \ubd80\uac01.<\/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-46575","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\/46575","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=46575"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46575\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}