{"id":47350,"date":"2026-05-25T15:48:10","date_gmt":"2026-05-25T15:48:10","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/bbh-%eb%af%b8-%ec%84%b1%ec%9e%a5%ec%84%b8%ec%99%80-%ea%b2%ac%ec%a1%b0%ed%95%9c-pce-%ec%a7%80%ed%91%9c%eb%a1%9c-fed-%ea%b8%b4%ec%b6%95-%ea%b8%b0%ec%a1%b0-%ea%b0%95%ed%99%94%eb%8b%ac\/"},"modified":"2026-05-25T15:48:10","modified_gmt":"2026-05-25T15:48:10","slug":"bbh-%eb%af%b8-%ec%84%b1%ec%9e%a5%ec%84%b8%ec%99%80-%ea%b2%ac%ec%a1%b0%ed%95%9c-pce-%ec%a7%80%ed%91%9c%eb%a1%9c-fed-%ea%b8%b4%ec%b6%95-%ea%b8%b0%ec%a1%b0-%ea%b0%95%ed%99%94%eb%8b%ac","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/bbh-%eb%af%b8-%ec%84%b1%ec%9e%a5%ec%84%b8%ec%99%80-%ea%b2%ac%ec%a1%b0%ed%95%9c-pce-%ec%a7%80%ed%91%9c%eb%a1%9c-fed-%ea%b8%b4%ec%b6%95-%ea%b8%b0%ec%a1%b0-%ea%b0%95%ed%99%94%eb%8b%ac\/","title":{"rendered":"BBH \u201c\ubbf8 \uc131\uc7a5\uc138\uc640 \uacac\uc870\ud55c PCE \uc9c0\ud45c\ub85c Fed \uae34\ucd95 \uae30\uc870 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\uc54a\ub294 \ud0dc\ub3c4)\uac00 \uc774\uc5b4\uc9c8 \uac00\ub2a5\uc131\uc774 \ubd80\uac01\ub41c\ub2e4. \ub300\uc548 \uc9c0\ud45c\ub85c\ub294 \ub2ec\ub77c\uc2a4 \uc5f0\uc740\uc758 \u2018\ud2b8\ub9bc\ub4dc \ud3c9\uade0 PCE\u2019(\uc77c\uc2dc\uc801\uc73c\ub85c \ud06c\uac8c \uc624\ub974\uac70\ub098 \ub0b4\ub9b0 \ud488\ubaa9\uc744 \uc77c\ubd80 \uc81c\uc678\ud574 \ubb3c\uac00\uc758 \uc911\uc2ec\uc744 \ubcf4\ub294 \uc9c0\ud45c)\uc640 \ud074\ub9ac\ube14\ub79c\ub4dc \uc5f0\uc740\uc758 \u201816% \ud2b8\ub9bc\ub4dc \ud3c9\uade0 CPI\u2019(\uc18c\ube44\uc790\ubb3c\uac00(CPI)\uc5d0\uc11c \uadf9\ub2e8\uac12\uc744 \uc77c\ubd80 \uc81c\uc678\ud55c \uc9c0\ud45c)\uac00 \uac70\ub860\ub418\uba70, \uc774\ub294 \uadfc\uc6d0 PCE\ubcf4\ub2e4 \ub0ae\uc740 \ud3b8\uc774\ub2e4. \ub610\ud55c \ud06c\ub9ac\uc2a4\ud1a0\ud37c \uc6d4\ub7ec \uc774\uc0ac\ub294 \ucd5c\uadfc \ubc1c\uc5b8\uc5d0\uc11c \uae08\ub9ac \ub3d9\uacb0\uc744 \uc2dc\uc0ac\ud558\uba74\uc11c\ub3c4, \ubb3c\uac00\uac00 \ucda9\ubd84\ud788 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\uc5f0\uc900\uc774 \uae08\ub9ac\ub97c \uc27d\uac8c \ub0b4\ub9ac\uae30 \uc5b4\ub835\ub2e4. 4\uc6d4 CPI(\uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218\u00b7\uac00\uacc4\uac00 \uad6c\uc785\ud558\ub294 \uc0c1\ud488\u00b7\uc11c\ube44\uc2a4 \uac00\uaca9 \ubcc0\ud654\ub97c \uce21\uc815)\uc5d0\uc11c \uadfc\uc6d0 \ubb3c\uac00\uac00 3.6%\ub85c \uacac\uc870\ud588\uace0, \uc774\ubc88 PCE\ub3c4 \uac19\uc740 \ud750\ub984\uc744 \ud655\uc778\ud574\uc904 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4. \ubb3c\uac00\uac00 \uc5f0\uc900 \ubaa9\ud45c\ub97c \ud06c\uac8c \uc6c3\ub3c4\ub294 \ub9cc\ud07c, \ud1b5\ud654 \uae34\ucd95 \uae30\uc870\uac00 \ub2ec\ub7ec\ub97c \uc9c0\uc9c0\ud560 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4\ub294 \ud3c9\uac00\ub2e4.<\/p>\n<p>&#8212;<\/p>\n<h3>\ub2ec\ub7ec \uac70\ub798 \uc804\ub7b5\uacfc \uc804\ub9dd<\/h3>\n<p>BBH\ub294 \uac70\ub798 \uc804\ub7b5\uc73c\ub85c UUP \uac19\uc740 \u2018\ub2ec\ub7ec\uc9c0\uc218 \uc5f0\ub3d9 ETF\u2019(\uc0c1\uc7a5\uc9c0\uc218\ud380\ub4dc\u00b7\uc9c0\uc218 \uc6c0\uc9c1\uc784\uc744 \ucd94\uc885\ud558\ub3c4\ub85d \uc124\uacc4\ub41c \uc0c1\ud488)\uc5d0\uc11c \ucf5c\uc635\uc158 \ub9e4\uc218(\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \uc0b4 \uc218 \uc788\ub294 \uad8c\ub9ac\ub85c, \uac00\uaca9 \uc0c1\uc2b9 \uc2dc \uc774\uc775\uc774 \ub098\ub294 \uc635\uc158)\ub97c \uc81c\uc2dc\ud588\ub2e4. \ubaa9\ud45c \ud589\uc0ac\uac00(\uc635\uc158\uc744 \ud589\uc0ac\ud560 \uc218 \uc788\ub294 \uac00\uaca9)\ub294 \ud604 \uc218\uc900\uc778 100.00\uc744 \uc57d\uac04 \uc6c3\ub3c4\ub294 \uad6c\uac04\uc774 \uac70\ub860\ub410\ub2e4. \uc6d4\ub7ec \uc774\uc0ac\uc758 \u201c\ucd94\uac00 \uc778\uc0c1 \ubc30\uc81c\ud558\uc9c0 \uc54a\uaca0\ub2e4\u201d\ub294 \ucde8\uc9c0\uc758 \ubc1c\uc5b8\uc740 \ub2ec\ub7ec \uac15\uc138 \uc804\ub9dd\uc758 \ud655\uc2e0\uc744 \ub354\ud55c\ub2e4\ub294 \ud3c9\uac00\ub2e4. \uc635\uc158\uc740 \uc190\uc2e4 \ubc94\uc704\uac00 \uc81c\ud55c\ub418\ub294(\uc9c0\ubd88\ud55c \ud504\ub9ac\ubbf8\uc5c4 \ubc94\uc704\ub85c \uc704\ud5d8\uc774 \uc81c\ud55c\ub418\ub294) \ubc29\uc2dd\uc73c\ub85c \ub2ec\ub7ec \uc0c1\uc2b9 \uac00\ub2a5\uc131\uc5d0 \ub300\uc751\ud560 \uc218 \uc788\ub2e4.<\/p>\n<p>\ub610 \ub2e4\ub978 \ubc29\ubc95\uc73c\ub85c\ub294 \uc720\ub85c\ub97c \ub2ec\ub7ec \ub300\ube44 \ub9e4\ub3c4(\uc720\ub85c \uc57d\uc138\u00b7\ub2ec\ub7ec \uac15\uc138\uc5d0 \ubca0\ud305)\ud558\ub294 \uc804\ub7b5\uc774 \uc81c\uc2dc\ub410\ub2e4. \uc120\ubb3c(\ubbf8\ub798 \uc2dc\uc810\uc5d0 \uc815\ud574\uc9c4 \uac00\uaca9\uc73c\ub85c \uc0ac\uace0\ud30c\ub294 \uacc4\uc57d)\uc774\ub098 EUR\/USD \ud48b\uc635\uc158 \ub9e4\uc218(\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \ud314 \uc218 \uc788\ub294 \uad8c\ub9ac\ub85c, \ud658\uc728 \ud558\ub77d \uc2dc \uc774\uc775\uc774 \ub098\ub294 \uc635\uc158)\ub97c \ud65c\uc6a9\ud560 \uc218 \uc788\ub2e4. \ub9e4\ud30c\uc801(\uae08\ub9ac \uc778\uc0c1\u00b7\uae34\ucd95\uc5d0 \uc801\uadf9\uc801\uc778) \uc5f0\uc900\uacfc \uc2e0\uc911\ud55c \uc720\ub7fd\uc911\uc559\uc740\ud589(ECB) \uc0ac\uc774\uc758 \uae08\ub9ac \uaca9\ucc28(\uad6d\uac00 \uac04 \uae30\uc900\uae08\ub9ac \ucc28\uc774)\uac00 \ub354 \ubc8c\uc5b4\uc9c8 \uc218 \uc788\ub2e4\ub294 \ub17c\ub9ac\ub2e4. BBH\ub294 DXY\uac00 1\ub144 \uac00\uae4c\uc6b4 \ud6a1\ubcf4 \uad6c\uac04\uc744 \uc0c1\ud5a5 \ub3cc\ud30c\ud558\uba74 \uc774\ud6c4 \uc6c0\uc9c1\uc784\uc774 \ube60\ub974\uace0 \ud074 \ub54c\uac00 \ub9ce\uc558\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ub2ec\ub7ec \u2018\ubc15\uc2a4\uad8c \ud0c8\ucd9c\u2019 \ucd09\uac01! 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