{"id":10174,"date":"2026-06-09T15:00:37","date_gmt":"2026-06-09T07:00:37","guid":{"rendered":"https:\/\/www.kpai1.cn\/?p=10174"},"modified":"2026-06-09T15:00:42","modified_gmt":"2026-06-09T07:00:42","slug":"%e9%9d%9e%e5%86%9c%e6%95%b0%e6%8d%ae%e5%bc%95%e7%88%86%e6%94%bf%e7%ad%96%e5%8f%98%e5%b1%80-%ef%bc%81%e6%b2%83%e4%bb%80%e9%a6%96%e8%bf%8e%e5%a4%a7%e8%80%83-%ef%bc%8c%e7%be%8e%e8%81%94%e5%82%a8%e9%b8%bd","status":"publish","type":"post","link":"https:\/\/www.kpai1.cn\/ko\/\uc544\uce74\uc774\ube0c\/10174","title":{"rendered":"\ube44\ub18d\uc5c5 \ub370\uc774\ud130\ub85c \uc778\ud574 \uc815\ucc45 \ubcc0\uacbd\uc774 \ubc1c\uc0dd\ud569\ub2c8\ub2e4! Warsh\ub294 \uccab \ubc88\uc9f8 \ud070 \uc2dc\ud5d8\uc5d0 \uc9c1\uba74\ud588\uc73c\uba70 \uc5f0\uc900\uc758 \ube44\ub458\uae30\ud30c\uc801 \uc785\uc7a5\uc740 \ud070 \uc555\ubc15\uc744 \ubc1b\uace0 \uc788\uc2b5\ub2c8\ub2e4."},"content":{"rendered":"

Wmax \uac70\uc2dc \uc5f0\uad6c\ud300\uc740 \ucd5c\uc2e0 \ube44\ub18d\uc5c5 \uace0\uc6a9 \ub370\uc774\ud130, \ubaa8\ub4e0 \ubc94\uc8fc\uc758 \uc790\uc0b0 \uac00\uaca9, \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed) \uad00\uacc4\uc790 \ubc1c\uc5b8, \ubc31\uc545\uad00 \ubc1c\uc5b8, \uae00\ub85c\ubc8c \uc81c\ub3c4\uc801 \uacac\ud574 \ub4f1\uc744 \uc885\ud569\ud574 \uc885\ud569\uc801\uc778 \uc870\uc0ac\uc640 \ud310\ub2e8\uc744 \uc9c4\ud589\ud588\ub2e4. \ucd5c\uadfc \uc608\uc0c1\ubcf4\ub2e4 \ub192\uc740 \uace0\uc6a9\ub960\uacfc \uc9c0\uc18d\uc801\uc778 \ub192\uc740 \uc778\ud50c\ub808\uc774\uc158 \ub370\uc774\ud130\ub85c \uc778\ud574 \uc6cc\uc2dc \uc2e0\uc784 \uc5f0\ubc29\uc900\ube44\uc740\ud589 \uc758\uc7a5\uc774 \uc9c0\uba85 \ub2e8\uacc4\uc5d0\uc11c \ubc1c\ud45c\ud55c \uae08\ub9ac \uc778\ud558 \uae30\ub300\uac00 \uc644\uc804\ud788 \ubb34\ub108\uc84c\uc2b5\ub2c8\ub2e4. \uc5f0\uc900 \ub0b4 \ub9e4\ud30c \uc9c4\uc601\uc774 \uacc4\uc18d \uc131\uc7a5\ud558\uace0 \uae08\ub9ac \uac00\uaca9 \ucc45\uc815 \ub17c\ub9ac\uac00 \uc644\uc804\ud788 \ub4a4\ubc14\ub00c\uc5c8\uc73c\uba70, \ubbf8\uad6d \ucc44\uad8c, \uae08, \ubbf8\uad6d \ub2ec\ub7ec \ub4f1 \uc8fc\uc694 \uc790\uc0b0\uc774 \ub3d9\uc2dc\uc5d0 \uaca9\ub82c\ud558\uac8c \ub4f1\ub77d\ud588\uc2b5\ub2c8\ub2e4. \uc758\uc9c0\ud558\ub2e4\ub9e4\ud06c\ub85c \ub370\uc774\ud130 \ucd94\uc801 \uc2dc\uc2a4\ud15c<\/strong>\u4e0e\uc790\uc0b0 \uac04 \uc5f0\uacc4 \ubaa8\ub2c8\ud130\ub9c1 \ubaa8\ub378<\/strong>, Wmax\ub294 \ud22c\uc790\uc790\ub97c \uc704\ud55c \uc815\ucc45 \uac8c\uc784\uc758 \ub9e5\ub77d\uc744 \uc9c0\uc18d\uc801\uc73c\ub85c \uc815\ub9ac\ud558\uace0 \uc2dc\uc7a5 \ubcc0\ub3d9\uc758 \ub17c\ub9ac\ub97c \ud574\uccb4\ud558\uba70 \ucd94\uc138 \uc804\ud658\uc810\uacfc \uc7a0\uc7ac\uc801 \uc704\ud5d8\uc744 \uc815\ud655\ud558\uac8c \ud3ec\ucc29\ud569\ub2c8\ub2e4.<\/p>\n

<\/a>\ub370\uc774\ud130\uac00 \uc804\ubc18\uc801\uc73c\ub85c \uae30\ub300\uce58\ub97c \ucd08\uacfc\ud569\ub2c8\ub2e4. \ub178\ub3d9 \uc2dc\uc7a5 \ud0c4\ub825\uc131\uc740 \uae08\ub9ac \uae30\ub300\uce58\ub97c \ub2e4\uc2dc \uc791\uc131\ud569\ub2c8\ub2e4.<\/strong><\/p>\n

\ubbf8\uad6d \ub178\ub3d9\ud1b5\uacc4\uad6d\uc774 \ucd5c\uadfc \ubc1c\ud45c\ud55c 5\uc6d4 \ube44\ub18d\uc5c5 \uae09\uc5ec \ub370\uc774\ud130\uac00 \uc774\ub7ec\ud55c \uc2dc\uc7a5 \uc804\ud658\uc758 \ud575\uc2ec \uacc4\uae30\uac00 \ub418\uc5c8\uc2b5\ub2c8\ub2e4. \ub370\uc774\ud130\uc5d0 \ub530\ub974\uba74 \ubbf8\uad6d\uc740 5\uc6d4\uc5d0 172,000\uac1c\uc758 \ube44\ub18d\uc5c5 \uc77c\uc790\ub9ac\ub97c \ucd94\uac00\ud588\uc73c\uba70, 3\uc6d4\uacfc 4\uc6d4\uc758 \uace0\uc6a9 \ub370\uc774\ud130\ub294 93,000\uac1c \uc0c1\ud5a5 \uc218\uc815\ub418\uc5c8\uc2b5\ub2c8\ub2e4. \uc9c0\ub09c 3\uac1c\uc6d4\uac04 \uace0\uc6a9 \uc99d\uac00\uc728\uc740 2\ub144\uc5ec \ub9cc\uc5d0 \ucd5c\uace0\uce58\ub97c \uacbd\uc2e0\ud588\uace0 \uc2e4\uc5c5\ub960\uc740 4.3%\ub85c \uc548\uc815\uc801\uc73c\ub85c \uc720\uc9c0\ub410\ub2e4. \uace0\uc6a9 \uad6c\uc870\uc758 \uad00\uc810\uc5d0\uc11c \ubcfc \ub54c, \uc774\ubc88 \uace0\uc6a9 \uc99d\uac00\ub294 \uc8fc\ub85c \ub808\uc800 \ud638\ud154\uacfc \uc758\ub8cc \ubc0f \uac74\uac15\uc774\ub77c\ub294 \ub450 \uac00\uc9c0 \uc8fc\uc694 \ubd80\ubb38\uc5d0 \uc9d1\uc911\ub418\uc5b4 \uc788\uc2b5\ub2c8\ub2e4. \uc81c\uc870\uc5c5 \ubd90\uc774 \ubc14\ub2e5\uc744 \ucce4\uace0 \uc77c\uc790\ub9ac \uc218\uac00 \uc99d\uac00\ud588\uc73c\uba70 \uc774\ub294 \ubbf8\uad6d \ub178\ub3d9 \uc2dc\uc7a5\uc758 \uac15\ub825\ud55c \ud68c\ubcf5\ub825\uc744 \uc885\ud569\uc801\uc73c\ub85c \ud655\uc778\uc2dc\ucf1c \uc90d\ub2c8\ub2e4. \ud2b8\ub7fc\ud504 \ud589\uc815\ubd80\uc758 \uac15\ud654\ub41c \uc774\ubbfc \ubc0f \uad00\uc138 \uc815\ucc45\uc758 \uc601\ud5a5\uc744 \ubc1b\uc740 \uc5ed\uc0ac\uc801 \ub370\uc774\ud130\ub97c \ube44\uad50\ud558\uba74, \ubbf8\uad6d\uc740 2025\ub144\uc5d0 \uc6d4 10,000\uac1c \ubbf8\ub9cc\uc758 \uc2e0\uaddc \uc77c\uc790\ub9ac\ub97c \ucc3d\ucd9c\ud560 \uac83\uc774\uba70, 2026\ub144 \uccab 5\uac1c\uc6d4 \ub3d9\uc548 \uc6d4\ud3c9\uade0 \uc2e0\uaddc \uc77c\uc790\ub9ac\ub294 114,000\uac1c\ub85c \ubc18\ub4f1\ud560 \uac83\uc785\ub2c8\ub2e4. \ub178\ub3d9\uacf5\uae09\uc774 \uc704\ucd95\ub418\ub294 \uc0c1\ud669\uc5d0\uc11c \uc774\ubc88 \uace0\uc6a9\ubcf4\uace0\uc11c\ub294 '\uace0\uc6a9\uc774 \uc57d\ud574\uc9c0\uba74 \uae08\ub9ac \uc778\ud558\uac00 \ubd88\uac00\ud53c\ud558\ub2e4'\ub294 \ub2f9\ucd08 \ub17c\ub9ac\ub97c \uc644\uc804\ud788 \ub4a4\uc9d1\ub294\ub2e4.<\/p>\n

\uc774\uc804\uc758 \uc9c0\uc18d\uc801\uc73c\ub85c \ub192\uc740 \uc778\ud50c\ub808\uc774\uc158 \ub370\uc774\ud130\uc640 \uc774\uc911 \uc555\ub825\uc73c\ub85c \uc778\ud574 \uae00\ub85c\ubc8c \uae08\ub9ac \uc2dc\uc7a5\uc740 \uc2e0\uc18d\ud558\uac8c \uac00\uaca9 \uc870\uc815\uc744 \uc644\ub8cc\ud588\uc2b5\ub2c8\ub2e4. Wmax \uae08\ub9ac \ud30c\uc0dd\uc0c1\ud488 \ubaa8\ub2c8\ud130\ub9c1 \ub370\uc774\ud130\uc5d0 \ub530\ub974\uba74 \ud604\uc7ac \uc2dc\uc7a5\uc740 2026\ub144 \uc5f0\uc900\uc758 \uae08\ub9ac \uc778\uc0c1\uc744 \uc644\uc804\ud788 \ubc18\uc601\ud588\uc2b5\ub2c8\ub2e4. \uac70\ub798\uc790\ub4e4\uc740 12\uc6d4 \uae08\ub9ac \ud68c\uc758\uc5d0\uc11c 25bp \uae08\ub9ac \uc778\uc0c1\uc5d0 \ubca0\ud305\ud558\uace0 \uc788\uc73c\uba70 10\uc6d4 \uae08\ub9ac \uc778\uc0c1 \ud655\ub960\uc740 60%\uc5d0 \ub3c4\ub2ec\ud588\uc2b5\ub2c8\ub2e4. \uae08\ub9ac \uc778\uc0c1 \uae30\ub300\uac10 \uace0\uc870\ub85c \ubbf8 \uad6d\ucc44 \uc9d1\uc911 \ub9e4\ub3c4\uc138\ub97c \ubcf4\uc774\uba74\uc11c \ub9cc\uae30 \uae08\ub9ac\ub3c4 \ub3d9\uc2dc\uc5d0 \uc0c1\uc2b9\ud588\ub2e4. 10\ub144 \ub9cc\uae30 \ubbf8\uad6d \uad6d\ucc44 \uc218\uc775\ub960\uc740 6bp \uc0c1\uc2b9\ud55c 4.53%\ub97c \uae30\ub85d\ud588\uace0, 30\ub144 \ub9cc\uae30 \ubbf8\uad6d \uad6d\ucc44 \uc218\uc775\ub960\uc740 \ub2e4\uc2dc \ud55c\ubc88 5%\ub300\uc5d0 \uba38\ubb3c\ub800\uc73c\uba70 \uc218\uc775\ub960 \uace1\uc120\uc740 \ub69c\ub837\ud55c \uc57d\uc138 \ud2b9\uc131\uc744 \ubcf4\uc600\uc2b5\ub2c8\ub2e4.<\/p>\n

\"\ubd80\ubd84\ucc28\ub2e8_20260608_150035\"<\/p>\n

\uc790\uc0b0 \uc5f0\uacc4 \ud6a8\uacfc\ub294 \ube60\ub974\uac8c \uc804\uccb4 \uc2dc\uc7a5\uc5d0 \uc804\ub2ec\ub410\ub2e4. \ubbf8\uad6d \ub2ec\ub7ec \uc9c0\uc218\ub294 \ucd94\uc138\ub97c \ub530\ub77c \uac15\uc138\ub97c \ubcf4\uc778 \ubc18\uba74, \uad6d\uc81c \uae08 \ud604\ubb3c\uc740 \ud558\ub8e8 \ub3d9\uc548 100\ub2ec\ub7ec, \uc989 2.5% \uac00\uae4c\uc774 \ud3ed\ub77d\ud558\ub294 \ub4f1 \ud070 \ud558\ub77d\uc138\ub97c \ubcf4\uc600\ub2e4. \uae30\uc874 \uae08\ub9ac\uc778\ud558 \uae30\ub300\uc5d0 \ub530\ub978 \uc0c1\uc2b9\uc138\ub294 \uae09\ub77d\ud588\ub2e4. BlackRock, Natixis, Brandi Global \ubc0f \uae30\ud0c0 \uc5ec\ub7ec \uc8fc\uc694 \uae30\uad00\uc740 \ud604\uc7ac \uc0c1\ud669\uc5d0 \ub3d9\uc758\ud569\ub2c8\ub2e4. \uace0\uc6a9 \ubc18\ub4f1\uacfc \uc5d0\ub108\uc9c0 \uc911\uc2ec \uc778\ud50c\ub808\uc774\uc158 \uc704\ud5d8\uc774 \uacb0\ud569\ub418\uc5b4 \uc5f0\uc900\uc758 \uc815\ucc45 \ucd08\uc810\uc774 \uc778\ud50c\ub808\uc774\uc158 \ubc29\uc9c0\ub85c \uc62e\uaca8\uc84c\uace0 \uc5f0\uc900\uc740 \ub2e8\uacc4\uc801\uc73c\ub85c \uc778\ud50c\ub808\uc774\uc158 \uace1\uc120\ubcf4\ub2e4 \ub4a4\uccd0\uc84c\uc2b5\ub2c8\ub2e4.<\/p>\n

<\/a>\uc5f0\uc900 \ub0b4 \uc9d1\ub2e8\uc801 \ud0c8\ubd81: \ube44\ub458\uae30\ud30c\uc801 \uae30\uc870 \uc57d\ud654, \uc815\ucc45 \ucc28\uc774 \uc2ec\ud654<\/strong><\/p>\n

\uc5f0\ucd08\ubd80\ud130 \uc5f0\uc900\uc758 \uc815\ucc45\ubc29\ud5a5\uc740 \uc804\ubcf5\uc801\uc778 \ubcc0\ud654\ub97c \uacaa\uc5c8\ub2e4. \uc5f0\ucd08 \uc2dc\uc7a5\uc740 \uc804\ubc18\uc801\uc73c\ub85c \uace0\uc6a9\ubd80\uc9c4\uc744 \uc6b0\ub824\ud588\uace0, \uae08\ub9ac\uc778\ud558\uac00 \uc8fc\ub958 \ud2b8\ub808\uc774\ub529 \ub17c\ub9ac\uc600\ub2e4. \uc774\uc81c \uc5f0\uc774\uc740 \uc608\uc0c1\uce58 \ubabb\ud55c \ub370\uc774\ud130\uc758 \uc601\ud5a5\uc73c\ub85c \uc5f0\uc900 \uace0\uc704 \uad00\ub8cc\ub4e4\uc740 \uc9d1\ud569\uc801\uc73c\ub85c \ub9e4\ud30c\ub85c \ubcc0\ud588\uace0 \ub0b4\ubd80 \uc815\ucc45 \uae30\uc870\ub294 \uc644\uc804\ud788 \uc5c7\uac08\ub838\uc2b5\ub2c8\ub2e4. \ub300\ud45c\uc801\uc778 \uc778\ubb3c\uc774 \uc6d4\ub7ec \uc5f0\uc900 \ucd1d\uc7ac\ub2e4. \uadf8\ub294 2025\ub144\ubd80\ud130 2026\ub144 \ucd08\uae4c\uc9c0 \uace0\uc6a9 \uac10\uc18c \uc6b0\ub824\ub85c \ub298 \uae08\ub9ac \uc778\ud558\ub97c \uc9c0\uc9c0\ud588\ub2e4. \uc774\uc81c \uadf8\ub294 \ube44\ub458\uae30\ud30c\uc801 \uc131\ud5a5\uc744 \ubd84\uba85\ud788 \ucca0\ud68c\ud588\uc73c\uba70, \uc778\ud50c\ub808\uc774\uc158\uc774 \ube60\ub974\uac8c \ud558\ub77d\ud560 \uc218 \uc5c6\ub2e4\uba74 \uae08\ub9ac \uc778\uc0c1 \uc635\uc158\uc744 \ub354 \uc774\uc0c1 \ubc30\uc81c\ud558\uc9c0 \uc54a\uaca0\ub2e4\uace0 \uc9c1\uc124\uc801\uc73c\ub85c \ubc1d\ud614\uc2b5\ub2c8\ub2e4. \uc774\ub7ec\ud55c \ud0dc\ub3c4 \ubcc0\ud654\ub294 \uc5f0\uc900\uc758 \uc758\uc0ac \uacb0\uc815\uc790\ub4e4 \uc0ac\uc774\uc5d0 \ube60\ub974\uac8c \ud37c\uc84c\uc2b5\ub2c8\ub2e4.<\/p>\n

\uc774\ubbf8 4\uc6d4 \ub9d0 \uae08\ub9ac \ud68c\uc758\uc5d0\uc11c 3\uba85\uc758 \uc8fc\uc9c0\uc0ac\uac00 \uc774\ubbf8 \ubc18\ub300 \ud22c\ud45c\ub97c \ud588\uc73c\uba70, \ub9e4\ud30c\uc801\uc778 \uc785\uc7a5\uc73c\ub85c \uc804\ud658\ud558\uace0 \uae08\ub9ac \uc778\uc0c1 \ucc3d\uad6c\ub97c \uc5f4 \uac83\uc744 \uc8fc\uc7a5\ud588\uc2b5\ub2c8\ub2e4. \uc624\ub298\ub0a0 \uc810\uc810 \ub354 \ub9ce\uc740 \uacf5\ubb34\uc6d0\ub4e4\uc774 \uc778\ud50c\ub808\uc774\uc158\uc774 \uc624\ub7ab\ub3d9\uc548 \uc815\ucc45 \ubaa9\ud45c\uc778 2%\ub97c \ucd08\uacfc\ud55c \ud658\uacbd\uc5d0\uc11c\ub294 \uae08\ub9ac \uc778\ud558 \uc870\uac74\uc774 \ucda9\uc871\ub418\uc9c0 \uc54a\ub294\ub2e4\uace0 \uacf5\uac1c\uc801\uc73c\ub85c \ubc1d\ud614\uc2b5\ub2c8\ub2e4. \uc6cc\uc2dc \uc2e0\uc784 \uc5f0\uc900 \uc758\uc7a5\uc758 \uc0c1\ud669\uc740 \uc810\uc810 \ub354 \uc5b4\ub824\uc6cc\uc9c0\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc6cc\uc2dc\ub294 \ud6c4\ubcf4 \uc9c0\uba85 \ub2e8\uacc4\uc5d0\uc11c \ud2b8\ub7fc\ud504\uc758 \ub274\ub51c\uacfc AI \uae30\uc220\uc758 \ud655\uc0b0\uc774 \uc0dd\uc0b0\uc131\uc744 \ub192\uc774\uace0 \uc778\ud50c\ub808\uc774\uc158\uc744 \uc5b5\uc81c\ud560 \uac83\uc774\uba70, \uc5f0\uc900\uc774 \uae08\ub9ac\ub97c \uc778\ud558\ud560 \uc5ec\uc9c0\uac00 \ucda9\ubd84\ud560 \uac83\uc774\ub77c\uace0 \ub099\uad00\uc801\uc73c\ub85c \uc608\uce21\ud588\ub2e4. \uadf8\ub7ec\ub098 \uc2e4\uc81c \ub370\uc774\ud130\ub294 \uc608\uc0c1\uacfc \uc2ec\uac01\ud558\uac8c \ubc97\uc5b4\ub0ac\uc2b5\ub2c8\ub2e4. \ubbf8\uad6d\uc758 \uc778\ud50c\ub808\uc774\uc158\uc740 \uc218\ub144 \uc5f0\uc18d \uc815\ucc45 \ubaa9\ud45c\ubcf4\ub2e4 \ub192\uc558\uace0, IMF\ub294 \ubbf8\uad6d\uc758 \uc778\ud50c\ub808\uc774\uc158\uc774 2026\ub144 \uc911\ubc18\uc5d0\uc11c 2027\ub144 \ub9d0\uae4c\uc9c0 2%\ub85c \ud558\ub77d\ud558\ub294 \uc2dc\uc810\uc744 \uc5f0\uae30\ud588\uc2b5\ub2c8\ub2e4.<\/p>\n

\"\ubd80\ubd84\ucc28\ub2e8_20260608_150636\"<\/p>\n

\uad00\ub9ac\ub4e4\uc740 \uc77c\ubc18\uc801\uc73c\ub85c \uc9c0\uc18d\uc801\uc778 \ub192\uc740 \uc778\ud50c\ub808\uc774\uc158\uc774 \uc5f0\uc900\uc758 \ud1b5\ud654 \uc815\ucc45\uc758 \uc2e0\ub8b0\uc131\uc744 \uc190\uc0c1\uc2dc\ud0ac \uac83\uc774\ub77c\uace0 \uc6b0\ub824\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ud604\uc7ac \uc6cc\uc2dc \ucde8\uc784 \ud6c4\uc778 6\uc6d4 16~17\uc77c\uc774\ub2e4.\uccab \ubc88\uc9f8 \uae08\ub9ac \ud68c\uc758<\/strong>\uc804\uccb4 \uc2dc\uc7a5\uc758 \ucd08\uc810\uc774 \ub418\uc2ed\uc2dc\uc624. WMAX\ub294 6\uc6d4 10\uc77c \ubc1c\ud45c\ub420 CPI \uc9c0\ud45c\uac00 \ud06c\uac8c \ub5a8\uc5b4\uc9c0\uc9c0 \uc54a\ub294 \uc774\uc0c1 \uc774\ubc88 \ud68c\uc758\ub294 \uc2ec\uac01\ud55c \uc815\ucc45 \ub51c\ub808\ub9c8\uc5d0 \uc9c1\uba74\ud558\uac8c \ub420 \uac83\uc73c\ub85c \ud310\ub2e8\ud558\uace0 \uc788\ub2e4. \uc2dc\uc7a5\uc5d0\uc11c \uac00\uc7a5 \ud070 \uae34\uc7a5\uac10\uc740 \uc6cc\uc2dc\uac00 \ud6c4\ubcf4 \uc9c0\uba85 \ub2e8\uacc4\uc5d0\uc11c \uc628\uac74\ud30c \uc785\uc7a5\uc744 \ud3ec\uae30\ud558\uace0 \ub9e4\ud30c \uc9c4\uc601\uc5d0 \ub354 \uac00\uae4c\uc774 \ub2e4\uac00\uac08\uc9c0 \uc5ec\ubd80\uc600\uc2b5\ub2c8\ub2e4. \uc6d4\uc2a4\ud2b8\ub9ac\ud2b8\ub97c \ubcf4\uba74 \uc8fc\ub958 \ud22c\uc790\uc740\ud589\ub4e4\uc774 \uc77c\uad04\uc801\uc73c\ub85c \uc804\ub9dd\uc744 \uc870\uc815\ud588\ub2e4. \ubaa8\ub450 2026\ub144 \uae08\ub9ac \uc778\ud558 \uae30\ub300\ub97c \ucde8\uc18c\ud588\uace0, \uc18c\uc218\uc758 \uae30\uad00\ub9cc\uc774 2027\ub144 \ub2e8\uc77c \uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uc744 \uc720\uc9c0\ud588\ub2e4. \uc2dc\uc7a5 \ud328\ud134\uc740 '\uae08\ub9ac \uc778\ud558 \uae30\ub2e4\ub9ac\uae30'\uc5d0\uc11c '\uae08\ub9ac \uc778\uc0c1 \ub3c4\ubc15'\uc73c\ub85c \uc644\uc804\ud788 \ubc14\ub00c\uc5c8\ub2e4.<\/p>\n

<\/a>\ubc31\uc545\uad00\uc740 \uc0c1\ubc18\ub41c \ud0dc\ub3c4\ub97c \ucde8\ud558\uace0 \uc788\ub2e4: \uc120\uac70 \uc8fc\uae30\uc758 \uac04\uc12d\uc740 \uc815\ucc45 \uac8c\uc784\uc5d0 \ub610 \ub2e4\ub978 \ubcc0\uc218\ub97c \ucd94\uac00\ud55c\ub2e4<\/strong><\/p>\n

\uadfc\ubcf8\uc801\uc778 \uad00\uc810\uc5d0\uc11c \ubcfc \ub54c \ub300\ubd80\ubd84\uc758 \uc720\uad8c\uc790\ub4e4\uc740 \ud604\uc7ac\uc758 \uacbd\uc81c \uc131\uacfc\uc5d0 \ub300\ud574 \ubd80\uc9c4\ud55c \ud3c9\uac00\ub97c \uac00\uc9c0\uace0 \uc788\uc9c0\ub9cc \ubc31\uc545\uad00\uc740 \ub208\uae38\uc744 \ub044\ub294 \ube44\ub18d\uc5c5 \ub370\uc774\ud130\ub97c \ud589\uc815\ubd80 \uacb0\uacfc\uc758 \uac15\ub825\ud55c \uc99d\uac70\ub85c \uac04\uc8fc\ud569\ub2c8\ub2e4. \ud2b8\ub7fc\ud504 \ub300\ud1b5\ub839\uc740 \u201c\uacbd\uc81c \uc131\uc7a5\uc740 \uc778\ud50c\ub808\uc774\uc158\uacfc \uac19\uc9c0 \uc54a\ub2e4\u201d\uace0 \uac15\uc870\ud558\uba70 \uc778\ud50c\ub808\uc774\uc158\uc5d0 \ub300\ud55c \uc2dc\uc7a5\uc758 \uc6b0\ub824\ub97c \uacf5\uac1c\uc801\uc73c\ub85c \ubc18\ubc15\ud588\uace0, \uace0\uc6a9\uc774 \ub298\uc5b4\ub098\uba74 \ubb3c\uac00\uac00 \uc62c\ub77c\uac08 \uac83\uc774\ub77c\ub294 \ub17c\ub9ac\ub97c \ubc1b\uc544\ub4e4\uc774\uc9c0 \uc54a\uc558\ub2e4. \ud574\uc14b \ubc31\uc545\uad00 \uad6d\uac00\uacbd\uc81c\uc704\uc6d0\ud68c(National Economic Council) \uc704\uc6d0\uc7a5\ub3c4 \ub3d9\uc2dc\uc5d0 \ubc1c\uc5b8\ud574 \uc5f0\uc900\uc774 \uad00\ub9dd\ud558\ub294 \ud0dc\ub3c4\ub97c \uc720\uc9c0\ud560 \uac83\uc744 \ucd09\uad6c\ud588\uc2b5\ub2c8\ub2e4. \uadf8\ub294 \ud604 \uc2dc\uc7a5\uc5d0\uc11c\ub294 \uc544\uc9c1 \uae08\ub9ac \uc778\ud558 \uc5ec\uc9c0\uac00 \ub9ce\ub2e4\uba70 \uc131\uae09\ud55c \uae08\ub9ac \uc778\uc0c1\uc5d0 \ubc18\ub300\ud55c\ub2e4\uace0 \uc9c1\uc124\uc801\uc73c\ub85c \ub9d0\ud588\ub2e4.<\/p>\n

\ubc31\uc545\uad00\uacfc \uc5f0\uc900\uc758 \uc758\uc0ac\uacb0\uc815\uc790\ub4e4\uc758 \uacac\ud574\uac00 \uadf9\uba85\ud558\uac8c \ub300\uc870\ub418\ub294 \uc810\ub3c4 \uc5f0\uc900\uc758 \uc815\ucc45 \uc120\ud0dd\uc744 \ub354\uc6b1 \ubcf5\uc7a1\ud558\uac8c \ub9cc\ub4ed\ub2c8\ub2e4. \uc5ec\ub7ec \uae30\uad00\uc5d0\uc11c\ub294 \uc11c\ub85c \ub2e4\ub978 \ud574\uc11d\uc744 \ub0b4\ub838\uc2b5\ub2c8\ub2e4. Bank of America\ub294 \uac15\ub825\ud55c \uace0\uc6a9\uc774 \uae30\ubcf8\uc801\uc73c\ub85c \uc5f0\uc900\uc758 \ub9e4\ud30c\uc801 \uc804\ud658\uc5d0 \uac07\ud614\ub2e4\uace0 \ubbff\uc2b5\ub2c8\ub2e4. Lazard\ub294 \ub2e4\uc74c \uc8fc\uc5d0 \ubc1c\ud45c\ub420 \ud575\uc2ec CPI\uac00 \ub2e4\uc2dc \uc0c1\uc2b9\ud558\uba74 \uc644\ud654 \ub17c\ub9ac\uac00 \uc644\uc804\ud788 \uc885\ub8cc\ub420 \uac83\uc774\ub77c\uace0 \ub9d0\ud588\uc2b5\ub2c8\ub2e4. Northern Light Asset Management\ub294 \ud638\ub974\ubb34\uc988 \ud574\ud611\uc758 \uc9c0\uc18d\uc801\uc778 \ubd09\uc1c4\uc640 \ud574\uacb0\ub418\uc9c0 \uc54a\uc740 \uc5d0\ub108\uc9c0 \uc704\ud5d8\uc758 \ub9e5\ub77d\uc5d0\uc11c \uc5f0\uc900\uc774 \ub2e8\uae30\uc801\uc73c\ub85c \uae08\ub9ac \uc778\uc0c1\uc744 \uc911\ub2e8\ud560 \uc218 \uc788\ub2e4\uace0 \ubbff\ub294 \ub2e4\ub978 \uacac\ud574\ub97c \uac00\uc9c0\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uae00\ub80c\uba54\ub4dc\ub294 \ub610\ud55c 6\uc6d4 \uae08\ub9ac \ud68c\uc758\uc5d0\uc11c\ub294 \uae08\ub9ac\uac00 \ubcc0\ub3d9 \uc5c6\uc774 \uc720\uc9c0\ub420 \uac00\ub2a5\uc131\uc774 \ub192\uc73c\uba70 \uc774\ud6c4 \ucd94\uc138\ub294 \uc5d0\ub108\uc9c0 \uac00\uaca9\uacfc \uc778\ud50c\ub808\uc774\uc158 \ub370\uc774\ud130\uc5d0 \ud06c\uac8c \uc88c\uc6b0\ub420 \uac83\uc774\ub77c\uace0 \ud310\ub2e8\ud588\uc2b5\ub2c8\ub2e4.<\/p>\n

\"\ubd80\ubd84\ucc28\ub2e8_20260608_150450\"<\/p>\n

W\ub9e5\uc2a4\ub294 \uc5ec\ub7ec \uacac\ud574\ub97c \uc885\ud569\uc801\uc73c\ub85c \ucde8\ud569\ud574 \uc120\uac70 \uc218\uc694, \ubb3c\uac00\uc0c1\uc2b9 \uc555\ub825, \uace0\uc6a9 \ud0c4\ub825\uc131, \uc9c0\ub825 \ub9ac\uc2a4\ud06c \ub4f1 4\ub300 \uc694\uc778\uc774 \uc11c\ub85c \uc5bd\ud600 \uc788\uc5b4 \uc5f0\uc900\uc774 \uc77c\ubc29\uc801\uc73c\ub85c \uae09\uc9c4\uc801\uc778 \uc870\uce58\ub97c \ucde8\ud558\uae30 \uc5b4\ub835\ub2e4\uace0 \ubd84\uc11d\ud588\ub2e4. \ub2e8\uae30\uc801\uc73c\ub85c\ub294 '\uc548\uc815\uc801\uc778 \ub9e4\ud30c\uc801 \uc785\uc7a5'\uc774 \ucd5c\uc120\uc758 \uc120\ud0dd\uc774\uaca0\uc9c0\ub9cc, \uc911\uc7a5\uae30\uc801\uc73c\ub85c \uae08\ub9ac \uc778\uc0c1\uc758 \ubb38\uc740 \ub2eb\ud600 \uc788\uc9c0 \uc54a\ub2e4. \ud604\uc7ac \uc5f0\uc900\uc758 \uc815\ucc45 \uacb0\uc815\uc5d0\ub294 \ubbf8\uad6d \uc911\uac04\uc120\uac70\uc758 \uc815\uce58\uc801 \uc555\ubc15\uc774 \uacb9\uce5c \uac00\uc6b4\ub370, \uac01 \uc815\ub2f9\uc758 \uc785\uc7a5 \ucc28\uc774\uac00 \uc2dc\uc7a5 \ubd88\ud655\uc2e4\uc131\uc744 \ub354\uc6b1 \uc99d\ud3ed\uc2dc\ud0a4\uace0 \uc788\ub2e4.<\/p>\n

<\/a>Wmax \uc2dc\uc7a5 \uc804\ub9dd \uc870\uc0ac \ubc0f \ud575\uc2ec \ucd94\uc801 \ub2e8\uc11c<\/strong><\/p>\n

\ub370\uc774\ud130, \uc815\ucc45, \uc815\uce58 \ubc0f \uc9c0\ub9ac\uc758 \ub124 \uac00\uc9c0 \uc8fc\uc694 \ucc28\uc6d0\uc744 \uacb0\ud569\ud558\uc5ec Wmax\ub294 \ud6c4\uc18d \uc2dc\uc7a5 \ubc0f Fed \uacbd\ub85c\uc5d0 \ub300\ud574 \ud3ec\uad04\uc801\uc778 \ud310\ub2e8\uc744 \ub0b4\ub9bd\ub2c8\ub2e4.<\/p>\n

    \n
  1. \uc815\ucc45 \uacbd\ub85c<\/strong>: 6\uc6d4 \uae08\ub9ac\ud68c\uc758\uc5d0\uc11c\ub294 3.50~3.75% \uae08\ub9ac \ubc94\uc704\ub97c \uc720\uc9c0\ud560 \uac00\ub2a5\uc131\uc774 \ub192\uc9c0\ub9cc, \ud68c\uc758 \ubb38\uad6c\ub294 \uc0c1\ub2f9\ud788 \ub9e4\ud30c\uc801\uc774\uc5b4\uc11c \uc778\ud50c\ub808\uc774\uc158\uc744 \uacbd\uacc4\ud558\uace0 \uae08\ub9ac \uc778\uc0c1 \uc635\uc158\uc744 \uc720\uc9c0\ud558\ub77c\ub294 \uc2e0\ud638\ub97c \ubcf4\ub0bc \uac83\uc785\ub2c8\ub2e4. \uc62c\ud574 \uae08\ub9ac \uc778\uc0c1 \uc5ec\ubd80\ub294 \uc804\uc801\uc73c\ub85c CPI\uc640 \uc5d0\ub108\uc9c0 \uac00\uaca9\uc774\ub77c\ub294 \ub450 \uac00\uc9c0 \ud575\uc2ec \ubcc0\uc218\uc5d0 \ub2ec\ub824 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n
  2. \uc8fc\uc694 \uc790\uc0b0 \ud074\ub798\uc2a4<\/strong>: \ubbf8\uad6d \ucc44\uad8c\uc218\uc775\ub960\uc740 \uc0c1\uc2b9\ud558\uae30\ub294 \uc27d\uc9c0\ub9cc \ud558\ub77d\ud558\uae30\ub294 \uc5b4\ub835\uace0, \uc7a5\uae30\uae08\ub9ac\ub294 \uc9c0\uc18d\uc801\uc73c\ub85c \uc555\ubc15\uc744 \ubc1b\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ubbf8\uad6d \ub2ec\ub7ec\uc9c0\uc218\ub294 \uae08\ub9ac\uc778\uc0c1 \uae30\ub300\uac10\uc73c\ub85c \uc5ec\uc804\ud788 \uac15\uc138\ub97c \uc720\uc9c0\ud558\uace0 \uc788\ub2e4. \uae08\uacfc \ubbf8\uad6d \uc8fc\uc2dd \uc704\ud5d8 \uc790\uc0b0\uc740 \uc5ec\uc804\ud788 \u200b\u200b\uc870\uc815 \uc555\ub825\uc744 \ubc1b\uace0 \uc788\uc73c\uba70 \ub2e8\uae30\uc801\uc73c\ub85c \uc57d\uc138 \ud328\ud134\uc744 \ubc18\uc804\uc2dc\ud0a4\uae30 \uc5b4\ub824\uc6b8 \uac83\uc785\ub2c8\ub2e4.<\/li>\n
  3. \ud575\uc2ec\uc704\ud5d8<\/strong>: \ubbf8\uad6d\uacfc \uc774\ub780\uc758 \uac08\ub4f1\uc73c\ub85c \uc778\ud574 \uc720\uac00\uac00 \uc9c0\uc18d\uc801\uc73c\ub85c \uc0c1\uc2b9\ud558\uace0 \uc788\uc73c\uba70, \uc778\ud50c\ub808\uc774\uc158 \uacbd\uc9c1\uc131\uc740 \ub354\uc6b1 \uc2ec\ud654\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ub2e4\uac00\uc624\ub294 \uc120\uac70\ub85c \uc778\ud574 \uc815\ucc45 \uac1c\uc785\uc5d0 \ub300\ud55c \uae30\ub300\uac00 \ucd09\ubc1c\ub418\uc5b4 \uc5f0\uc900\uc758 \ub3c5\ub9bd\uc131\uc774 \ud754\ub4e4\ub838\uc2b5\ub2c8\ub2e4. \uace0\uc6a9 \ub370\uc774\ud130\uc758 \ub2e8\uae30\uc801\uc778 \ubcc0\ub3d9\uc73c\ub85c \uc778\ud574 \uc2dc\uc7a5 \uae30\ub300\uac00 \ub418\ud480\uc774\ub418\uc5c8\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ol>\n

    \uc55e\uc73c\ub85c \uc6b0\ub9ac\ub294 \uc138 \uac00\uc9c0 \uc8fc\uc694 \ub178\ub4dc\ub97c \ucd94\uc801\ud558\ub294 \ub370 \uc911\uc810\uc744 \ub458 \uac83\uc785\ub2c8\ub2e4. \uccab\uc9f8, \ub2e8\uae30 \uae08\ub9ac \uc778\uc0c1 \uae30\ub300\uc758 \uac15\ub3c4\ub97c \uacb0\uc815\ud558\ub294 6\uc6d4 10\uc77c \ubbf8\uad6d\uc758 5\uc6d4 CPI \ub370\uc774\ud130\uc785\ub2c8\ub2e4. \ub458\uc9f8, 6\uc6d4 16~17\uc77c\uc5d0 \uc5f4\ub9b0 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed) \uae08\ub9ac \ud68c\uc758\uc640 \uc6cc\uc2dc\uc758 \uccab \ubc88\uc9f8 \uc815\ucc45 \uc131\uba85\uc785\ub2c8\ub2e4. \uc14b\uc9f8, \ud638\ub974\ubb34\uc988\ud574\ud611 \ud574\uc6b4\uc0c1\ud669\uacfc \uad6d\uc81c\uc720\uac00 \ub3d9\ud5a5\uc774\ub2e4.<\/p>","protected":false},"excerpt":{"rendered":"

    5\uc6d4\uc5d0\ub294 172,000\uac1c\uc758 \uc0c8\ub85c\uc6b4 \ube44\ub18d\uc5c5 \uc77c\uc790\ub9ac\uac00 \ucd94\uac00\ub418\uc5b4 \uc608\uc0c1\uc744 \ub6f0\uc5b4\ub118\uc5c8\uc2b5\ub2c8\ub2e4. \uc9c0\ub09c 3\uac1c\uc6d4\uac04 \uace0\uc6a9 \uc99d\uac00\uc728\uc740 2\ub144\uc5ec \ub9cc\uc5d0 \ucd5c\uace0\uce58\ub97c \uae30\ub85d\ud588\uace0, \uc2e4\uc5c5\ub960\uc740 4.3%\uc5d0 \uba38\ubb3c\ub800\ub2e4. \uc5f0\uc900 \ub0b4 \ub9e4\ud30c \uc9c4\uc601\uc774 \ucee4\uc84c\uace0, \uc2dc\uc7a5\uc740 \uc62c\ud574 \uc548\uc5d0 \uae08\ub9ac \uc778\uc0c1\uc744 \uc644\uc804\ud788 \ubc18\uc601\ud588\uace0, 12\uc6d4 \uae08\ub9ac \uc778\uc0c1 \uac00\ub2a5\uc131\ub3c4 \uce58\uc19f\uc558\uc2b5\ub2c8\ub2e4. Warsh\ub294 \ucc98\uc74c\uc73c\ub85c \ud070 \uc2dc\ud5d8\uc5d0 \uc9c1\uba74\ud588\uc2b5\ub2c8\ub2e4. 6\uc6d4 \ud68c\uc758\uc5d0\ub294 \ubcc0\ub3d9\uc774 \uc5c6\uc744 \uac00\ub2a5\uc131\uc774 \ub192\uc9c0\ub9cc \uadf8\uc758 \ubc1c\uc5b8\uc740 \uae08\ub9ac \uc778\uc0c1 \uc635\uc158\uc744 \uc720\uc9c0\ud558\uba74\uc11c \ub9e4\ud30c\uc801\uc77c \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4. \uae08\uac12\uc740 100\ub2ec\ub7ec \uac00\uae4c\uc774 \uae09\ub77d\ud588\uace0, \ubbf8\uad6d \ucc44\uad8c \uc218\uc775\ub960\uc740 \uc804\ubc18\uc801\uc73c\ub85c \uc0c1\uc2b9\ud588\uc2b5\ub2c8\ub2e4.<\/p>","protected":false},"author":1,"featured_media":10175,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[121],"tags":[503,1203,1204,287,340,812],"class_list":["post-10174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-news","tag-503","tag-1203","tag-1204","tag-287","tag-340","tag-812"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/posts\/10174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/comments?post=10174"}],"version-history":[{"count":1,"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/posts\/10174\/revisions"}],"predecessor-version":[{"id":10179,"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/posts\/10174\/revisions\/10179"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/media\/10175"}],"wp:attachment":[{"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/media?parent=10174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/categories?post=10174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/tags?post=10174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}