{"id":46825,"date":"2026-05-15T18:56:42","date_gmt":"2026-05-15T18:56:42","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%af%b8%ea%b5%ad-%ec%84%a4%eb%b9%84%ea%b0%80%eb%8f%99%eb%a5%a0-%ec%98%88%ec%83%81%ec%b9%98-%ec%9b%83%eb%8f%8c%ec%95%84%ec%97%b0%ec%a4%80-%ea%b8%88%eb%a6%ac%ec%9d%b8%ed%95%98-%ec%a0%84\/"},"modified":"2026-05-15T18:56:42","modified_gmt":"2026-05-15T18:56:42","slug":"%eb%af%b8%ea%b5%ad-%ec%84%a4%eb%b9%84%ea%b0%80%eb%8f%99%eb%a5%a0-%ec%98%88%ec%83%81%ec%b9%98-%ec%9b%83%eb%8f%8c%ec%95%84%ec%97%b0%ec%a4%80-%ea%b8%88%eb%a6%ac%ec%9d%b8%ed%95%98-%ec%a0%84","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%af%b8%ea%b5%ad-%ec%84%a4%eb%b9%84%ea%b0%80%eb%8f%99%eb%a5%a0-%ec%98%88%ec%83%81%ec%b9%98-%ec%9b%83%eb%8f%8c%ec%95%84%ec%97%b0%ec%a4%80-%ea%b8%88%eb%a6%ac%ec%9d%b8%ed%95%98-%ec%a0%84\/","title":{"rendered":"\ubbf8\uad6d \uc124\ube44\uac00\ub3d9\ub960, \uc608\uc0c1\uce58 \uc6c3\ub3cc\uc544\u2026\uc5f0\uc900 \uae08\ub9ac\uc778\ud558 \uc804\ub9dd \u2018\ubcf5\uc7a1\u2019\u00b7\ubbf8 \uad6d\ucc44\uae08\ub9ac \uc0c1\uc2b9 \uc555\ub825 \ud655\ub300"},"content":{"rendered":"<p>\ubbf8\uad6d \uc124\ube44\uac00\ub3d9\ub960(capacity utilisation\u00b7\uacf5\uc7a5\uc5d0\uc11c \uc0dd\uc0b0\uc124\ube44\ub97c \uc5bc\ub9c8\ub098 \uac00\ub3d9\ud588\ub294\uc9c0 \ubcf4\uc5ec\uc8fc\ub294 \ube44\uc728)\uc740 4\uc6d4 76.1%\ub97c \uae30\ub85d\ud588\ub2e4. \uc2dc\uc7a5 \uc608\uc0c1\uce58 75.8%\ub97c \uc6c3\ub3cc\uc558\ub2e4.<\/p>\n<p>4\uc6d4 \uc124\ube44\uac00\ub3d9\ub960\uc774 \uc608\uc0c1\ubcf4\ub2e4 \ub192\uac8c \ub098\uc628 \uac83\uc740 \uc0b0\uc5c5 \ubd80\ubb38\uc774 \uc6b0\ub9ac\uac00 \u0440\u0430\u043d\u0435\u0435 \ud310\ub2e8\ud588\ub358 \uac83\ubcf4\ub2e4 \ub354 \ub728\uac81\uac8c \ub3cc\uc544\uac00\uace0 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \uc774\ub294 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed\u00b7\ubbf8\uad6d \uc911\uc559\uc740\ud589)\uac00 \uc62c\uc5ec\ub984 \uae30\uc900\uae08\ub9ac(\uc815\ucc45\uae08\ub9ac)\ub97c \uc778\ud558\ud560 \u2018\uba85\ud655\ud55c \uacbd\ub85c\u2019\ub97c \ud655\ubcf4\ud588\ub2e4\ub294 \uae30\uc874 \uc2dc\uac01\uc5d0 \uc81c\ub3d9\uc744 \uac74\ub2e4. \uc774\ubc88 \uac15\uc138\ub294 \uae30\uc870 \uc778\ud50c\ub808\uc774\uc158(\uc77c\uc2dc\uc801 \uc694\uc778\uc744 \uc81c\uc678\ud55c \ubb3c\uac00 \uc0c1\uc2b9 \uc555\ub825)\uc774 \uc27d\uac8c \uaebe\uc774\uc9c0 \uc54a\uc744 \uac00\ub2a5\uc131\uc744 \ub192\uc774\ubbc0\ub85c, \uae08\ub9ac \uc804\ub9dd\uc744 \ub2e4\uc2dc \uc870\uc815\ud560 \ud544\uc694\uac00 \uc788\ub2e4.<\/p>\n<p>\uc774\uc5d0 \ub530\ub77c 6\uc6d4 \ub610\ub294 7\uc6d4 \uc5f0\ubc29\uacf5\uac1c\uc2dc\uc7a5\uc704\uc6d0\ud68c(FOMC\u00b7Fed\uac00 \uae08\ub9ac\ub97c \uacb0\uc815\ud558\ub294 \ud68c\uc758)\uc5d0\uc11c \uae08\ub9ac \uc778\ud558\uac00 \uc774\ub904\uc9c8 \ud655\ub960\uc740 \ub0ae\uc544\uc84c\ub2e4. \uc774\ubbf8 \uc5f0\ubc29\uae30\uae08\uae08\ub9ac \uc120\ubb3c(Fed funds futures\u00b7\ud5a5\ud6c4 \uc815\ucc45\uae08\ub9ac \uc218\uc900\uc5d0 \ub300\ud55c \uc2dc\uc7a5\uc758 \ubca0\ud305)\ub3c4 \ubc18\uc751\ud588\ub2e4. \uc2dc\uc7a5\uc740 \uc774\uc81c 3\ubd84\uae30 \ub9d0\uae4c\uc9c0 \uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uc744 40% \uc815\ub3c4\ub9cc \ubc18\uc601\ud558\uace0 \uc788\ub294\ub370, \uc774\ub294 \uc9c0\ub09c\ub2ec 70% \uc218\uc900\uc5d0\uc11c \ud06c\uac8c \ub0b4\ub824\uc628 \uac83\uc774\ub2e4. \ub2e8\uae30 \uad6d\ucc44 \uae08\ub9ac(\uc9e7\uc740 \ub9cc\uae30\uc758 \uad6d\ucc44 \uc218\uc775\ub960)\ub294 \ucd94\uac00 \uc0c1\uc2b9 \uc555\ub825\uc744 \ubc1b\uc744 \uc218 \uc788\uc5b4, \uad6d\ucc44\uc120\ubb3c \ub9e4\ub3c4(\uac00\uaca9 \ud558\ub77d\uc5d0 \ubca0\ud305\ud558\ub294 \ud3ec\uc9c0\uc158)\uac00 \ub354 \ub9e4\ub825\uc801\uc73c\ub85c \ubcf4\uc778\ub2e4.<\/p>\n<p>\uc8fc\uac00\uc9c0\uc218 \ud2b8\ub808\uc774\ub354\uc5d0\uac8c\ub294 \u2018\uc88b\uc740 \uacbd\uae30 \uc9c0\ud45c\uac00 \uc2dc\uc7a5\uc5d4 \uc545\uc7ac\u2019\ub85c \ud574\uc11d\ub420 \uc218 \uc788\ub294 \uae4c\ub2e4\ub85c\uc6b4 \ud658\uacbd\uc774 \uc870\uc131\ub41c\ub2e4. \ucc38\uac00\uc790\ub4e4\uc774 Fed \uc815\ucc45\uc744 \ub2e4\uc2dc \ud3c9\uac00\ud558\uba74\uc11c \ubcc0\ub3d9\uc131\uc774 \ucee4\uc9c8 \uc218 \uc788\ub2e4. \uacf5\ud3ec\uc9c0\uc218\ub85c \ubd88\ub9ac\ub294 VIX \uc9c0\uc218(\uc635\uc158 \uac00\uaca9\uc744 \ud1b5\ud574 \uce21\uc815\ud55c \uc8fc\uc2dd\uc2dc\uc7a5 \ubcc0\ub3d9\uc131 \uc9c0\ud45c)\ub294 \uc218\uc8fc \ub3d9\uc548 14 \uc544\ub798\uc5d0 \uba38\ubb3c\ub800\uc9c0\ub9cc, \ubd88\ud655\uc2e4\uc131\uc774 \ubc18\uc601\ub418\uba74 18\uc120\uc73c\ub85c \uc7ac\ucc28 \uc62c\ub77c\uac00\uba70 \uadf8 \uc218\uc900\uc774 \uc774\uc5b4\uc9c8 \uac00\ub2a5\uc131\uc774 \uc788\ub2e4.<\/p>\n<p>\uc774\ub294 \uacbd\uae30 \ubbfc\uac10 \uc5c5\uc885(\uacbd\uae30 \ud655\uc7a5\uae30\uc5d0 \uc2e4\uc801 \uac1c\uc120\uc774 \ub450\ub4dc\ub7ec\uc9c0\ub294 \uc5c5\uc885) \ube44\uc911\uc744 \ub298\ub9ac\uace0, \uae08\ub9ac \ubbfc\uac10 \uc5c5\uc885(\uae08\ub9ac \uc0c1\uc2b9 \uc2dc \ud0c0\uaca9\uc744 \ubc1b\uae30 \uc26c\uc6b4 \uc5c5\uc885)\uc740 \ube44\uc911\uc744 \uc904\uc774\ub77c\ub294 \uc2e0\ud638\ub85c \ud574\uc11d\ub41c\ub2e4. \uc0b0\uc5c5\uc7ac\u00b7\uc18c\uc7ac ETF\uc758 \ucf5c\uc635\uc158(\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \uc0b4 \uc218 \uc788\ub294 \uad8c\ub9ac)\uc5d0 \uae30\ud68c\uac00 \uc788\uc73c\uba70, \uc81c\uc870\uc5c5 \uc0dd\uc0b0 \uc99d\uac00\uac00 \uace7\ubc14\ub85c \uc218\ud61c\ub85c \uc5f0\uacb0\ub420 \uc218 \uc788\ub2e4. \ubc18\ub300\ub85c \uae08\ub9ac\uac00 \ub354 \uc624\ub974\uba74 \uc720\ud2f8\ub9ac\ud2f0(\uc804\uae30\uac00\uc2a4 \ub4f1 \uacf5\uacf5\uc11c\ube44\uc2a4)\uc640 \ubd80\ub3d9\uc0b0 \uc139\ud130\uc758 \ud48b\uc635\uc158(\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \ud314 \uc218 \uc788\ub294 \uad8c\ub9ac) \uc804\ub7b5\uc774 \uc720\ub9ac\ud574\uc9c8 \uc218 \uc788\ub2e4.<\/p>\n<p>\ubbf8\uad6d \uc81c\uc870\uc5c5 \uac15\uc138\ub294 \uad6c\ub9ac\u00b7\uc6d0\uc720 \uac19\uc740 \uc6d0\uc790\uc7ac \uc218\uc694\uac00 \ub354 \uacac\uc870\ud558\ub2e4\ub294 \uc758\ubbf8\ub85c\ub3c4 \uc77d\ud600, \ud574\ub2f9 \uc2dc\uc7a5\uc758 \uc0c1\uc2b9(\uac15\uc138) \uc804\ub9dd\uc744 \uc9c0\uc9c0\ud55c\ub2e4. \ub610\ud55c 2025\ub144\uc758 \uacbd\uae30 \ud0c4\ub825\uc131\uc744 \ub5a0\uc62c\ub824\ubcf4\uba74, \ub9e4\ud30c\uc801 \uc804\ud658(hawkish pivot\u00b7\ubb3c\uac00 \uc5b5\uc81c\ub97c \uc704\ud574 \uae08\ub9ac\ub97c \ub354 \ub192\uc774\uac70\ub098 \uc624\ub798 \uc720\uc9c0\ud558\ub294 \ucabd\uc73c\ub85c \uc815\ucc45 \ubc29\ud5a5\uc774 \ubc14\ub00c\ub294 \uac83)\uc774 \ubbf8\uad6d \ub2ec\ub7ec\ub97c \ube60\ub974\uac8c \uac15\uc138\ub85c \ub9cc\ub4e4 \uc218 \uc788\ub2e4. \ub530\ub77c\uc11c \ud1b5\ud654\uc815\ucc45\uc774 \ub354 \ube44\ub458\uae30\ud30c\uc801(dovish\u00b7\uae08\ub9ac \uc778\ud558\ub098 \uc644\ud654\uc801 \uc815\ucc45 \uc131\ud5a5)\uc778 \uc911\uc559\uc740\ud589\uc744 \ub454 \ud1b5\ud654 \ub300\ube44 \ub2ec\ub7ec \ub871(\uc0c1\uc2b9\uc5d0 \ubca0\ud305\ud558\ub294 \ud3ec\uc9c0\uc158)\ub3c4 \uc810\ucc28 \ub9e4\ub825\ub3c4\uac00 \ucee4\uc9c0\uace0 \uc788\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ubbf8 \uc124\ube44\uac00\ub3d9\ub960 76.1%\ub85c \uc608\uc0c1 \uc0c1\ud68c, \uc81c\uc870\uc5c5 \uc5f4\uae30 \uc7ac\ud655\uc778. Fed \uc870\uae30 \uc778\ud558 \uc2dc\ub098\ub9ac\uc624 \ud754\ub4e4\ub9ac\uba70 6~7\uc6d4 \uc778\ud558 \ud655\ub960 \uae09\ub77d, \ucc44\uad8c\uae08\ub9ac\u00b7VIX \uc0c1\uc2b9 \uc555\ub825. \uacbd\uae30\ubbfc\uac10\uc8fc\u00b7\uc6d0\uc790\uc7ac\u00b7\ub2ec\ub7ec \uac15\uc138 \uc8fc\ubaa9.<\/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-46825","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\/46825","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=46825"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46825\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}