{"id":47315,"date":"2026-05-25T06:50:43","date_gmt":"2026-05-25T06:50:43","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%89%b4%ec%a7%88%eb%9e%9c%eb%93%9c%eb%8b%ac%eb%9f%ac-%eb%af%b8%ea%b5%ad%eb%8b%ac%eb%9f%ac-%eb%89%b4%ec%a7%88%eb%9e%9c%eb%93%9c-%ea%b8%88%eb%a6%ac-%ec%a0%84%eb%a7%9d-%eb%b6%88%ed%99%95%ec%8b%a4\/"},"modified":"2026-05-25T06:50:43","modified_gmt":"2026-05-25T06:50:43","slug":"%eb%89%b4%ec%a7%88%eb%9e%9c%eb%93%9c%eb%8b%ac%eb%9f%ac-%eb%af%b8%ea%b5%ad%eb%8b%ac%eb%9f%ac-%eb%89%b4%ec%a7%88%eb%9e%9c%eb%93%9c-%ea%b8%88%eb%a6%ac-%ec%a0%84%eb%a7%9d-%eb%b6%88%ed%99%95%ec%8b%a4","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%89%b4%ec%a7%88%eb%9e%9c%eb%93%9c%eb%8b%ac%eb%9f%ac-%eb%af%b8%ea%b5%ad%eb%8b%ac%eb%9f%ac-%eb%89%b4%ec%a7%88%eb%9e%9c%eb%93%9c-%ea%b8%88%eb%a6%ac-%ec%a0%84%eb%a7%9d-%eb%b6%88%ed%99%95%ec%8b%a4\/","title":{"rendered":"\ub274\uc9c8\ub79c\ub4dc\ub2ec\ub7ec\/\ubbf8\uad6d\ub2ec\ub7ec, \ub274\uc9c8\ub79c\ub4dc \uae08\ub9ac \uc804\ub9dd \ubd88\ud655\uc2e4 \uc18d 0.5870\uc120 \ubd80\uadfc \uc720\uc9c0\u2026\ubbf8\uad6d-\uc774\ub780 \ub099\uad00\ub860\uc5d0 \ub2ec\ub7ec \uc57d\uc138"},"content":{"rendered":"<p>NZD\/USD\ub294 \uc804\uc77c \uc885\uac00 \uc704\uc5d0\uc11c \ucd9c\ubc1c\ud55c \ub4a4 \uc0c1\uc2b9 \ud3ed\uc774 \uc904\uc5c8\uc9c0\ub9cc, \uc6d4\uc694\uc77c \uc544\uc2dc\uc544 \uac70\ub798\uc5d0\uc11c 0.5870 \ubd80\uadfc\uc5d0\uc11c \ud50c\ub7ec\uc2a4\uad8c\uc744 \uc720\uc9c0\ud588\ub2e4. \ub274\uc9c8\ub79c\ub4dc\ub2ec\ub7ec\ub294 NZIER(\ub274\uc9c8\ub79c\ub4dc\uacbd\uc81c\uc5f0\uad6c\uc18c)\uc758 \u2018\uc100\ub3c4 \ubcf4\ub4dc(Shadow Board: \uc2e4\uc81c \uc911\uc559\uc740\ud589\uc774 \uc544\ub2cc \ubbfc\uac04 \uc804\ubb38\uac00\ub4e4\uc774 \uae08\ub9ac \ubc29\ud5a5\uc744 \uac00\uc815\u00b7\uad8c\uace0\ud558\ub294 \ud328\ub110)\u2019 \uc704\uc6d0 \ub2e4\uc218\uac00 5\uc6d4 27\uc77c \uacb0\uc815\uc5d0\uc11c \ub274\uc9c8\ub79c\ub4dc \uae30\uc900\uae08\ub9ac(OCR\u00b7Official Cash Rate: \uc911\uc559\uc740\ud589\uc774 \uc815\ud558\ub294 \ub300\ud45c \uc815\ucc45\uae08\ub9ac)\ub97c 2.25%\ub85c \ub3d9\uacb0\ud558\ub294 \ub370 \ucc2c\uc131\ud55c \ub4a4 \uc57d\uc138\ub97c \ubcf4\uc600\ub2e4. \uc774\ub4e4\uc740 \uc720\uac00 \ucda9\uaca9\uc774 \u2018\uc218\uc694 \ub454\ud654\u2019\uac00 \uc544\ub2c8\ub77c \u2018\uacf5\uae09 \ucc28\uc9c8\u2019\uc774 \uc6d0\uc778\uc774\ub77c\uace0 \uc8fc\uc7a5\ud588\ub2e4. \ub610 \uc2e4\uc5c5\ub960\uc774 5.6%\ub85c \ud5a5\ud558\ub294 \ud750\ub984, \uc804 \ubd84\uae30 \uad6d\ub0b4\ucd1d\uc0dd\uc0b0(GDP: \ud55c \ub098\ub77c\uc5d0\uc11c \uc77c\uc815 \uae30\uac04 \uc0dd\uc0b0\ub41c \uc7ac\ud654\u00b7\uc11c\ube44\uc2a4\uc758 \ucd1d\uc561) \uc131\uc7a5\ub960 0.2% \ub4f1 \uc57d\ud574\uc9c4 \uc9c0\ud45c\ub97c \uadfc\uac70\ub85c \ub4e4\uc5c8\ub2e4. \ub2e4\ub9cc 3\uba85\uc740 \ub0ae\uac70\ub098 \ub9c8\uc774\ub108\uc2a4\uc778 \uc2e4\uc9c8\uae08\ub9ac(\uba85\ubaa9\uae08\ub9ac\uc5d0\uc11c \ubb3c\uac00\uc0c1\uc2b9\ub960\uc744 \ube80 \uac12)\uac00 \uc7a5\uae30\uac04 \uc774\uc5b4\uc9c0\uace0 \uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00 \uc0c1\uc2b9) \uc555\ub825\uc774 \ucee4\uc9c0\uace0 \uc788\ub2e4\uba70 \uc989\uac01\uc801\uc778 \uae34\ucd95(\uae08\ub9ac \uc778\uc0c1)\uc744 \uc694\uad6c\ud588\ub2e4.<\/p>\n<p>\ubbf8\uad6d \ub2ec\ub7ec\uac00 \uc548\uc804\uc790\uc0b0 \uc120\ud638(\ubd88\ud655\uc2e4\uc131\uc774 \ucee4\uc9c8 \ub54c \ub2ec\ub7ec\u00b7\uad6d\ucc44 \uac19\uc740 \uc790\uc0b0\uc744 \uc0ac\ub294 \ud750\ub984) \uc57d\ud654\ub85c \uc57d\uc138\ub97c \ubcf4\uc774\uba74\uc11c NZD\/USD\ub294 \uc0c1\uc2b9\uc138\ub97c \uc774\uc5b4\uac14\ub2e4. \uc774\ub294 \ubbf8\uad6d-\uc774\ub780 \ud569\uc758 \uac00\ub2a5\uc131\uc5d0 \ub300\ud55c \ub099\uad00\ub860\uc774 \uc7ac\ubd80\uac01\ub418\uba70 \uc778\ud50c\ub808\uc774\uc158 \uc6b0\ub824\uc640 \ud5a5\ud6c4 \uc5f0\uc900(Fed\u00b7\ubbf8\uad6d \uc911\uc559\uc740\ud589)\uc758 \uae08\ub9ac \uc778\uc0c1 \uc804\ub9dd\uc774 \ub204\uadf8\ub7ec\uc9c4 \uc601\ud5a5\ub3c4 \ubc1b\uc558\ub2e4. Axios\ub294 \ubbf8\uad6d \ub2f9\uad6d\uc790\ub97c \uc778\uc6a9\ud574 \uc591\uce21\uc774 60\uc77c \ud734\uc804 \uc5f0\uc7a5\uc548\uc744 \ud3ec\ud568\ud55c \ud569\uc758\uc5d0 \uadfc\uc811\ud588\ub2e4\uace0 \ubcf4\ub3c4\ud588\ub2e4. \ud569\uc758\uac00 \uc774\ub904\uc9c0\uba74 \ud638\ub974\ubb34\uc988 \ud574\ud611(\uc911\ub3d9 \uc0b0\uc720\uad6d \uc6d0\uc720\uac00 \uc624\uac00\ub294 \ud575\uc2ec \ud574\uc0c1 \uc694\ucda9\uc9c0)\uc774 \ub2e4\uc2dc \uc5f4\ub9ac\uace0, \uc774\ub780\uc774 \uae30\ub8b0\ub97c \uc81c\uac70\ud574 \uc120\ubc15\uc774 \uc790\uc720\ub86d\uac8c \ud1b5\ud56d\ud558\ub3c4\ub85d \ud558\ub294 \ub300\uc2e0, \ubbf8\uad6d\uc740 \uc774\ub780 \ud56d\ub9cc\uc5d0 \ub300\ud55c \ubd09\uc1c4\ub97c \ud574\uc81c\ud558\ub294 \ub0b4\uc6a9\uc774 \uac70\ub860\ub410\ub2e4. \uc2dc\uc7a5\uc740 \ub610 \ud06c\ub9ac\uc2a4\ud1a0\ud37c \uc6d4\ub7ec \uc5f0\uc900 \uc774\uc0ac\uac00 \uc5f0\uc900 \uc131\uba85\uc5d0\uc11c \uc644\ud654 \ud3b8\ud5a5(\ud5a5\ud6c4 \uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uc744 \uc5f4\uc5b4\ub450\ub294 \ubb38\uad6c\u00b7\ud0dc\ub3c4)\uc744 \uc720\uc9c0\ud558\ub294 \uac83\uc744 \ub354\ub294 \uc9c0\uc9c0\ud558\uc9c0 \uc54a\ub294\ub2e4\uace0 \ub9d0\ud55c \ub4a4 \uc815\ucc45 \uc804\ub9dd\ub3c4 \ud568\uaed8 \ubc18\uc601\ud588\ub2e4.<\/p>\n<h3>RBNZ Policy Dilemmas and Growing Downside Risk<\/h3>\n<p>\ub274\uc9c8\ub79c\ub4dc\ub2ec\ub7ec\uc758 \uc704\uce58\ub294 0.5870\uc120\uc758 \uc0c1\uc2b9\uc138 \uc720\uc9c0\uc5d0\ub3c4 \ubd88\uc548\uc815\ud574 \ubcf4\uc778\ub2e4. \ud575\uc2ec\uc740 \ub274\uc9c8\ub79c\ub4dc\uc911\uc559\uc740\ud589(RBNZ\u00b7Reserve Bank of New Zealand)\uc774 \uc778\ud50c\ub808\uc774\uc158\uc744 \uc7a1\uae30 \uc704\ud574 \uae30\uc900\uae08\ub9ac(OCR)\ub97c \ub192\uc740 5.50%\ub85c \uc720\uc9c0\ud558\ub294 \uac00\uc6b4\ub370, \uacbd\uae30 \ub454\ud654 \uc2e0\ud638\uac00 \ucee4\uc9c0\uace0 \uc788\ub2e4\ub294 \uc810\uc774\ub2e4. \ucd5c\uadfc \ubd84\uae30 GDP \uc131\uc7a5\ub960\uc774 0.2%\uc5d0 \uadf8\ucce4\uace0 \uae30\uc5c5\uc2e0\ub8b0\uc9c0\uc218(\uae30\uc5c5\ub4e4\uc774 \uacbd\uae30\uc640 \ud22c\uc790 \uc5ec\uac74\uc744 \uc5b4\ub5bb\uac8c \ubcf4\ub294\uc9c0 \ub098\ud0c0\ub0b4\ub294 \uc9c0\ud45c)\ub3c4 \ud558\ub77d\ud558\uba74\uc11c, \uae08\ub9ac \uc778\ud558 \uc555\ub825\uc774 \ud06c\uac8c \ucee4\uc9c0\uace0 \uc788\ub2e4.<\/p>\n<p>\uc2dc\uc7a5\uc740 \uc55e\uc73c\ub85c \uba87 \ub2ec \uc548\uc5d0 RBNZ\uac00 \ube44\ub458\uae30\ud30c\uc801 \uc804\ud658(\uae34\ucd95\ubcf4\ub2e4 \uc644\ud654, \uc989 \uae08\ub9ac \uc778\ud558 \ucabd\uc73c\ub85c \uae30\uc6b8\uc5b4\uc9c0\ub294 \ubcc0\ud654)\uc5d0 \ub098\uc124 \uc704\ud5d8\uc744 \ucda9\ubd84\ud788 \ubc18\uc601\ud558\uc9c0 \ubabb\ud558\uace0 \uc788\ub294 \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4. \ub274\uc9c8\ub79c\ub4dc \uc2e4\uc5c5\ub960\uc740 \uc774\ubbf8 4.3%\ub85c \uc62c\ub77c, \uacbd\uae30\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ube60\ub974\uac8c \uc2dd\uace0 \uc788\uc74c\uc744 \ubcf4\uc5ec\uc900\ub2e4. \ub530\ub77c\uc11c \uc608\uc0c1\ubcf4\ub2e4 \uc774\ub978 \uae08\ub9ac \uc778\ud558\uc5d0 \ub300\ube44\ud558\uae30 \uc704\ud55c \ud5e4\uc9c0(\uc704\ud5d8\uc744 \uc904\uc774\uae30 \uc704\ud55c \ubc29\uc5b4 \uac70\ub798) \uc218\ub2e8\uc73c\ub85c 7\uc6d4 \ub9cc\uae30 NZD\/USD \ud48b\uc635\uc158(\ud2b9\uc815 \uac00\uaca9\uc5d0 \ud314 \uad8c\ub9ac\ub85c, \ud658\uc728 \ud558\ub77d \uc2dc \uc774\uc775\uc774 \ub098\ub294 \uc635\uc158) \ub9e4\uc218\ub97c \uace0\ub824\ud560 \ub9cc\ud558\ub2e4.<\/p>\n<h3>US Dollar Drivers and Implications for NZD\/USD<\/h3>\n<p>\ud1b5\ud654\uc30d \ubc18\ub300\ud3b8\uc5d0\uc11c \ubbf8\uad6d \ub2ec\ub7ec\ub294 \uc9c0\uc815\ud559 \ub274\uc2a4, \ud2b9\ud788 \uc911\ub3d9 \uc0c1\ud669\uc5d0 \ubbfc\uac10\ud558\ub2e4. \ubbf8\uad6d-\uc774\ub780\uc758 \ud3ec\uad04\uc801 \ud569\uc758\ub294 \uc544\uc9c1 \uba40\uc5c8\ub354\ub77c\ub3c4, \uae34\uc7a5 \uc644\ud654 \uc18c\ubb38\ub9cc\uc73c\ub85c\ub3c4 \uc548\uc804\uc790\uc0b0 \uc218\uc694\uac00 \uc904\uace0 \uc720\uac00\uac00 \uc9c4\uc815\ub418\uba74\uc11c \ub2ec\ub7ec\uac00 \ub2e8\uae30\uc801\uc73c\ub85c \uc57d\uc138\ub97c \ubcf4\uc77c \uc218 \uc788\ub2e4. 2023\ub144 \ub9d0\uc5d0\ub3c4 \ub2e4\ub978 \ubd84\uc7c1\uc5d0\uc11c \ud734\uc804 \uae30\ub300\uac00 \ub098\uc624\uba70 \uc704\ud5d8\uc120\ud638(\ub9ac\uc2a4\ud06c\uc628: \uc8fc\uc2dd\u00b7\uace0\uc704\ud5d8 \uc790\uc0b0\uc744 \uc0ac\ub294 \ud750\ub984) \ub7a0\ub9ac\uac00 \uc7a0\uc2dc \ub098\ud0c0\ub09c \ubc14 \uc788\ub2e4.<\/p>\n<p>\uc774\ub85c \uc778\ud574 \ubbf8 \ub2ec\ub7ec\uc9c0\uc218(DXY\u00b7Dollar Index: \uc8fc\uc694 6\uac1c \ud1b5\ud654 \ub300\ube44 \ub2ec\ub7ec \uac00\uce58\ub97c \ub098\ud0c0\ub0b4\ub294 \uc9c0\uc218)\uc758 \ub2e8\uae30 \ubcc0\ub3d9\uc131\uc774 \ucee4\uc9c8 \uac00\ub2a5\uc131\uc774 \ub192\uc544, \uc608\uce21\ud558\uae30 \uc5b4\ub824\uc6b4 \ub4f1\ub77d\uc774 \ub098\ud0c0\ub0a0 \uc218 \uc788\ub2e4. \ub2e4\ub9cc \uc5f0\uc900\uc740 \ud604 \uc815\ucc45 \uae30\uc870\ub97c \uace0\uc218\ud558\ub294 \ubaa8\uc2b5\uc774\ub2e4. \ucd5c\uadfc \ubbf8\uad6d \ubb3c\uac00 \uc9c0\ud45c\uac00 3.4% \uc704\uc5d0\uc11c \uc798 \ub0b4\ub824\uc624\uc9c0 \uc54a\ub294 \u2018\ub048\uc801\ud55c(sticky) \uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00\uac00 \uc27d\uac8c \ub5a8\uc5b4\uc9c0\uc9c0 \uc54a\ub294 \ud604\uc0c1)\u2019\uc744 \ubcf4\uc774\uace0 \uc788\uae30 \ub54c\ubb38\uc774\ub2e4. \uc6d4\ub7ec \uc774\uc0ac\uc758 \u2018\uc644\ud654 \ud3b8\ud5a5\u2019 \ucca0\ud68c \ubc1c\uc5b8\uc740 \uc774\ub7f0 \ub9e4\ud30c\uc801(\uae34\ucd95 \uc120\ud638) \uae30\uc870\ub97c \uac15\ud654\ud55c\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\uae30\ud68c\uc77c\uae4c \ud568\uc815\uc77c\uae4c\u2026 NZD\/USD 0.5870\uc120 \uc720\uc9c0\uc5d0\ub3c4 NZIER \ub3d9\uacb0\ub860 \uc6b0\uc138\ub85c \ub274\uc9c8\ub79c\ub4dc\ub2ec\ub7ec \uc57d\uc138. \ubbf8-\uc774\ub780 \ud734\uc804 \uae30\ub300\uc5d0 \ub2ec\ub7ec \uc548\uc804\uc120\ud638 \uc57d\ud654\ub85c \ubc18\ub4f1, RBNZ \uc870\uae30 \uc778\ud558\u00b7\uc635\uc158 \ud5e4\uc9c0 \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-47315","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\/47315","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=47315"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/47315\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=47315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=47315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=47315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}