{"id":47033,"date":"2026-05-19T16:47:57","date_gmt":"2026-05-19T16:47:57","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/rba-%ec%9d%98%ec%82%ac%eb%a1%9d-%eb%8b%a8%ea%b8%b0-%eb%8f%99%ea%b2%b0-%ec%8b%9c%ec%82%ac%ec%8b%9c%ec%9e%a5%ec%9d%80-6%ec%9b%94-%ea%b8%88%eb%a6%ac-%ec%9d%b8%ec%83%81-%ea%b0%80%eb%8a%a5\/"},"modified":"2026-05-19T16:47:57","modified_gmt":"2026-05-19T16:47:57","slug":"rba-%ec%9d%98%ec%82%ac%eb%a1%9d-%eb%8b%a8%ea%b8%b0-%eb%8f%99%ea%b2%b0-%ec%8b%9c%ec%82%ac%ec%8b%9c%ec%9e%a5%ec%9d%80-6%ec%9b%94-%ea%b8%88%eb%a6%ac-%ec%9d%b8%ec%83%81-%ea%b0%80%eb%8a%a5","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/rba-%ec%9d%98%ec%82%ac%eb%a1%9d-%eb%8b%a8%ea%b8%b0-%eb%8f%99%ea%b2%b0-%ec%8b%9c%ec%82%ac%ec%8b%9c%ec%9e%a5%ec%9d%80-6%ec%9b%94-%ea%b8%88%eb%a6%ac-%ec%9d%b8%ec%83%81-%ea%b0%80%eb%8a%a5\/","title":{"rendered":"RBA \uc758\uc0ac\ub85d, \ub2e8\uae30 \ub3d9\uacb0 \uc2dc\uc0ac\u2026\uc2dc\uc7a5\uc740 6\uc6d4 \uae08\ub9ac \uc778\uc0c1 \uac00\ub2a5\uc131 \ub0ae\uac8c \ubc18\uc601"},"content":{"rendered":"<p>TD\uc99d\uad8c\uc740 \ud638\uc8fc\uc911\uc559\uc740\ud589(RBA) 5\uc6d4 \uc758\uc0ac\ub85d\uc774 \ub2e8\uae30\uc801\uc73c\ub85c \u2018\uae08\ub9ac \ub3d9\uacb0(\uc77c\uc2dc \uc911\ub2e8)\u2019 \ucabd\uc5d0 \ubb34\uac8c\ub97c \ub450\uace0 \uc788\ub2e4\uace0 \ud574\uc11d\ud588\ub2e4. \uc2dc\uc7a5\ub3c4 6\uc6d4 \uae08\ub9ac \uc778\uc0c1 \uac00\ub2a5\uc131\uc744 \ub0ae\uac8c \ubcf4\uace0 \uc788\ub2e4. **\uc624\ubc84\ub098\uc774\ud2b8 \uc778\ub371\uc2a4 \uc2a4\uc640\ud504(OIS\u00b7\ud558\ub8e8\uc9dc\ub9ac \uae30\uc900\uae08\ub9ac\ub97c \ubc14\ud0d5\uc73c\ub85c \ud558\ub294 \ud30c\uc0dd\uc0c1\ud488)** \uc2dc\uc7a5\uc740 6\uc6d4 \uc778\uc0c1 \ud655\ub960\uc744 20%\ub85c \ubc18\uc601\ud588\ub2e4.<\/p>\n<p>\uc758\uc0ac\ub85d\uc5d0 \ub530\ub974\uba74 \uc774\uc0ac\ud68c\ub294 5\uc6d4 **25bp(\ubca0\uc774\uc2dc\uc2a4\ud3ec\uc778\ud2b8\u00b70.25%\ud3ec\uc778\ud2b8)** \uc778\uc0c1 \uc774\ud6c4 \uae08\uc735\uc5ec\uac74\uc774 \u2018\ub2e4\uc18c \uae34\ucd95\uc801\u2019\uc774\ub77c\uace0 \ud310\ub2e8\ud588\ub2e4. **\ud604\uae08\uae08\ub9ac(cash rate\u00b7RBA\uc758 \uc815\ucc45\uae08\ub9ac)** \ub294 RBA\uac00 \ucd94\uc815\ud558\ub294 **\uba85\ubaa9 \uc911\ub9bd\uae08\ub9ac(nominal neutral rate\u00b7\uacbd\uae30\ub97c \uc790\uadf9\ud558\uc9c0\ub3c4 \ub454\ud654\uc2dc\ud0a4\uc9c0\ub3c4 \uc54a\ub294 \uc218\uc900\uc758 \uc815\ucc45\uae08\ub9ac)** \uc5d0 \uac00\uae5d\uac70\ub098 \uadf8 \uc774\uc0c1\uc77c \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4\uace0 \uc124\uba85\ud588\ub2e4.<\/p>\n<h3>\uc778\ud50c\ub808\uc774\uc158 \uae30\ub300\uc5d0 \uc8fc\ubaa9<\/h3>\n<p>\uc774\uc0ac\ud68c\ub294 \ub2e8\uae30 \uc778\ud50c\ub808\uc774\uc158 \uae30\ub300\uac00 \ub192\uc544\uc84c\ub2e4\uace0 \ubc1d\ud614\ub2e4. \uc774\ub294 \uc5f0\ub8cc\ube44 \uc0c1\uc2b9\uacfc **\uc5f0\ub77d\uc0ac\ubb34(\uae30\uc5c5\u00b7\ud604\uc7a5 \uc811\ucd09) \ud504\ub85c\uadf8\ub7a8(liaison programme\u00b7RBA\uac00 \uae30\uc5c5\u00b7\uc5c5\uacc4\ub97c \ub9cc\ub098 \uccb4\uac10\uacbd\uae30\uc640 \uac00\uaca9 \ub3d9\ud5a5\uc744 \ub4e3\ub294 \uc870\uc0ac)** \uc5d0\uc11c \ub098\uc628 \ubcf4\uace0\uc640 \uad00\ub828\uc774 \uc788\ub2e4\uace0 \ud588\ub2e4. \ub610\ud55c \uc18c\ube44\uc790 \ub300\uc0c1 \uae30\uc5c5 \uac00\uc6b4\ub370 \ud5a5\ud6c4 1\ub144 \uac00\uaca9\uc744 \ud3c9\uade0 \uc774\uc0c1\uc73c\ub85c \uc62c\ub9b4 \uac83\uc73c\ub85c \uc608\uc0c1\ud558\ub294 \ube44\uc911\uc774 \ucee4\uc84c\ub2e4\uace0 \uae30\ub85d\ud588\ub2e4.<\/p>\n<p>TD\uc99d\uad8c\uc740 \ud5a5\ud6c4 \ubc1c\ud45c\ub420 **CPI(\uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218\u00b7\ubb3c\uac00 \uc218\uc900\uc744 \ubcf4\uc5ec\uc8fc\ub294 \ub300\ud45c \uc9c0\ud45c)** \uac00 \ub354 \ub113\uc740 \ubc94\uc704\uc758 \uac00\uaca9 \uc555\ub825\uc744 \ubcf4\uc5ec\uc904 \uc218 \uc788\ub2e4\uba70 8\uc6d4 \ucd94\uac00 \uc778\uc0c1\uc744 \uc608\uc0c1\ud588\ub2e4. \uc544\uc6b8\ub7ec **\uc5f0\ub8cc \uc18c\ube44\uc138(fuel excise duty\u00b7\uc5f0\ub8cc\uc5d0 \ubd99\ub294 \uc138\uae08)** \ub97c \ud55c\uc2dc\uc801\uc73c\ub85c \uc778\ud558\ud55c \uc870\uce58\uac00 \ub2e4\uc74c \uc6d4\uac04 \ubcf4\uace0\uc11c\uc5d0\uc11c 4\uc6d4\uc758 \uc804\ub144 \ub300\ube44 CPI \uc0c1\uc2b9\ub960\uc744 0.5%\ud3ec\uc778\ud2b8 \ub0ae\ucd9c \uac83\uc73c\ub85c \ub0b4\ub2e4\ubd24\ub2e4.<\/p>\n<p>\ucd5c\uadfc RBA \uc758\uc0ac\ub85d\uc740 \ub2f9\ubd84\uac04 \uad00\ub9dd\ud558\uaca0\ub2e4\ub294 \uae30\uc870\ub97c \uac15\ud654\ud55c \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4. \uc2dc\uc7a5 \uac00\uaca9\ub3c4 6\uc6d4 \ud68c\uc758\uc5d0\uc11c\uc758 \uc778\uc0c1 \uac00\ub2a5\uc131\uc774 \ub9e4\uc6b0 \ub0ae\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \ub2f9\uc7a5 \uc815\ucc45\uae08\ub9ac\ub294 \ud55c\ub3d9\uc548 \uc548\uc815\ub420 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4.<\/p>\n<p>\uc774 \uac19\uc740 \uc2e0\uc911\ud55c \ud0dc\ub3c4\ub294 \ucd5c\uadfc \uc9c0\ud45c\ub97c \uac10\uc548\ud558\uba74 \uc790\uc5f0\uc2a4\ub7fd\ub2e4. 2025\ub144 \ucd08 \ub370\uc774\ud130\ub85c \ubcf4\uba74, 4\uc6d4 **Westpac-\uba5c\ubc84\ub978 \uc778\uc2a4\ud2f0\ud29c\ud2b8 \uc18c\ube44\uc790\uc2ec\ub9ac\uc9c0\uc218(\uac00\uacc4\uc758 \uccb4\uac10\uacbd\uae30\ub97c \ub098\ud0c0\ub0b4\ub294 \uc9c0\uc218)** \ub294 82.4\ub85c \ud558\ub77d\ud574 \uac00\uacc4\uac00 \uc5ec\uc804\ud788 \ube44\uad00\uc801\uc784\uc744 \ubcf4\uc5ec\uc92c\ub2e4. \uc5ec\uae30\uc5d0 3\uc6d4 \uc18c\ub9e4\ud310\ub9e4\uac00 0.4% \uc99d\uac00\uc5d0 \uadf8\uce58\uba70, \uc774\uc0ac\ud68c\uac00 \uacfc\uac70 \uc778\uc0c1 \ud6a8\uacfc\ub97c \uc810\uac80\ud558\uba70 \uc228 \uace0\ub974\uae30\uc5d0 \ub098\uc124 \uadfc\uac70\uac00 \ub410\ub2e4.<\/p>\n<h3>\uc65c 8\uc6d4\uc774 \uc911\uc694\ud560 \uc218 \uc788\ub098<\/h3>\n<p>\uc774\uc0ac\ud68c\uc758 \ud575\uc2ec \uc6b0\ub824\ub294 \ub2e8\uae30 \uc778\ud50c\ub808\uc774\uc158 \uae30\ub300 \uc0c1\uc2b9\uc774\ub2e4. \uc5f0\ub8cc\ube44 \uc0c1\uc2b9\uc774 \uacbd\uc81c \uc804\ubc18\uc73c\ub85c \ubb3c\uac00 \uc555\ub825\uc744 \ud655\uc0b0\uc2dc\ud0a4\uae30 \uc2dc\uc791\ud588\ub2e4\uace0 \ubcf8\ub2e4. \uc774 \uac19\uc740 \uae30\uc870\uc801 \ubb3c\uac00 \uc704\ud5d8\uc740 6\uc6d4 \ud68c\uc758 \uc774\ud6c4\uc5d0\ub3c4 \ud575\uc2ec \uad00\uc804 \ud3ec\uc778\ud2b8\ub2e4.<\/p>\n<p>\uc774\ub294 \uae30\uc5c5 \uc124\ubb38\uc5d0\uc11c\ub3c4 \ud655\uc778\ub41c\ub2e4. \uc608\ub97c \ub4e4\uc5b4 2025\ub144 4\uc6d4 **NAB \uae30\uc5c5\uc124\ubb38(NAB Business Survey\u00b7\ud638\uc8fc \uc8fc\uc694 \uc740\ud589\uc774 \uc2e4\uc2dc\ud558\ub294 \uae30\uc5c5 \uacbd\uae30\u00b7\ube44\uc6a9\u00b7\uac00\uaca9 \uc870\uc0ac)** \uc740 \uad6c\ub9e4\ube44\uc6a9 \uc0c1\uc2b9\uc774 \uc5ec\uc804\ud788 \ub192\uace0, \uac00\uaca9 \uc778\uc0c1\ub960\ub3c4 \ud32c\ub370\ubbf9 \uc774\uc804 \ud3c9\uade0\uc744 \uc6c3\ub3c8\ub2e4\uace0 \ub098\ud0c0\ub0ac\ub2e4. \uae30\uc5c5\uc758 \ube44\uc6a9 \ubd80\ub2f4\uc774 \ud06c\uace0, \uc774\ub294 \ud5a5\ud6c4 \uc18c\ube44\uc790 \uac00\uaca9\uc73c\ub85c \uc804\uac00\ub420 \uac00\ub2a5\uc131\uc774 \ub192\ub2e4\ub294 \ub73b\uc774\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[\uae34\uae09] RBA 5\uc6d4 \uc758\uc0ac\ub85d, \u20186\uc6d4 \ub3d9\uacb0\u2019\uc5d0 \ubb34\uac8c\u2026OIS \uc778\uc0c1\ud655\ub960 20% \ubc18\uc601. TD\uc99d\uad8c\uc740 \uc778\ud50c\ub808 \uae30\ub300 \uc7ac\uc0c1\uc2b9\uc744 \uacbd\uace0\ud558\uba70 CPI \ud655\uc778 \ub4a4 8\uc6d4 \ucd94\uac00 \uc778\uc0c1 \uac00\ub2a5\uc131 \uc81c\uc2dc.<\/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-47033","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\/47033","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=47033"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/47033\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=47033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=47033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=47033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}