{"id":8062,"date":"2025-12-19T15:49:59","date_gmt":"2025-12-19T07:49:59","guid":{"rendered":"https:\/\/www.kpai1.cn\/?p=8062"},"modified":"2025-12-19T15:57:50","modified_gmt":"2025-12-19T07:57:50","slug":"%e5%81%9c%e6%91%86%e5%90%8e%e9%81%97%e7%97%87%e5%bc%95%e5%8f%91-cpi-%e4%ba%89%e8%ae%ae%ef%bc%9awmax%e6%8b%86%e8%a7%a3%e7%bb%9f%e8%ae%a1%e5%81%8f%e5%b7%ae%e4%b8%8e%e8%b5%84%e4%ba%a7%e5%ae%9a%e4%bb%b7","status":"publish","type":"post","link":"https:\/\/www.kpai1.cn\/ko\/\uc544\uce74\uc774\ube0c\/8062","title":{"rendered":"\ud3d0\uc1c4 \uc5ec\ud30c\ub85c CPI \ub17c\ub780 \ucd09\ubc1c: Wmax\ub294 \ud1b5\uacc4\uc801 \ud3b8\ucc28\uc640 \uc790\uc0b0 \uac00\uaca9 \ucc45\uc815 \ub17c\ub9ac\ub97c \ud574\uccb4\ud569\ub2c8\ub2e4."},"content":{"rendered":"<p>\ubbf8\uad6d 11\uc6d4 CPI \ub370\uc774\ud130\uac00 \ubc1c\ud45c\ub418\uc5c8\uc2b5\ub2c8\ub2e4. \ube44\uacc4\uc808 \uc870\uc815 CPI \uc5f0\uc728\uc740 2.7%, \ud575\uc2ec CPI \uc5f0\uc728\uc740 2.6%\uc600\uc2b5\ub2c8\ub2e4. \ud6c4\uc790\ub294 2021\ub144 3\uc6d4 \uc774\ud6c4 \uc0c8\ub85c\uc6b4 \ucd5c\uc800\uce58\ub97c \uae30\ub85d\ud574 \uc778\ud50c\ub808\uc774\uc158 \ub0c9\uac01\uc758 \uac15\ub825\ud55c \uc2e0\ud638\ub97c \ubcf4\ub0b4\ub294 \uac83\uc73c\ub85c \ubcf4\uc785\ub2c8\ub2e4. \uadf8\ub7ec\ub098 Wmax\ub294 \uc624\ub7ab\ub3d9\uc548 \ubbf8\uad6d \uacbd\uc81c \ubaa8\ub2c8\ud130\ub9c1, \ud1b5\uacc4 \uba54\ucee4\ub2c8\uc998 \uc5f0\uad6c \ubc0f \uae00\ub85c\ubc8c \uae08\uc735 \uc2dc\uc7a5 \ubd84\uc11d\uc5d0 \ucc38\uc5ec\ud574 \uc628 \uc804\ubb38 \uae30\uad00\uc73c\ub85c\uc11c \ub370\uc774\ud130 \uc218\uc9d1 \ubc30\uacbd\uc5d0 \ub300\ud55c \uc2ec\uce35\uc801\uc778 \ud574\uccb4, \ud1b5\uacc4 \ubc29\ubc95\uc5d0 \ub300\ud55c \uc804\ubb38\uc801\uc778 \ubd84\uc11d \ubc0f \uc2dc\uc7a5 \ubc18\uc751\uc5d0 \ub300\ud55c \uc2e4\uc2dc\uac04 \ucd94\uc801\uc744 \ud1b5\ud574 \ud1b5\uacc4\uc801 \uc774\uc0c1\uacfc \ub370\uc774\ud130 \uc774\uba74\uc758 \uc2e4\uc81c \ucd94\uc138 \uc0ac\uc774\uc5d0 \uc5bd\ud600 \uc788\ub294 \ubaa8\uc21c\uc5d0 \ub300\ud55c \ud1b5\ucc30\ub825\uc744 \ubd84\uba85\ud788 \uc5bb\uc5c8\uc2b5\ub2c8\ub2e4. \uc815\ubd80 \ud3d0\uc1c4\ub85c \uc778\ud574 \uc2ec\uac01\ud558\uac8c \uc65c\uace1\ub41c \uc774 \ubcf4\uace0\uc11c\ub294 \uc644\uc804\ud788 \ubb34\uc2dc\ud560 \uc218\ub3c4, \uc628\uc804\ud788 \ubc1b\uc544\ub4e4\uc77c \uc218\ub3c4 \uc5c6\ub2e4. Wmax\ub294 \ub2e4\ucc28\uc6d0 \uad50\ucc28 \uac80\uc99d\uc744 \uc9c0\uc6d0\ud558\uba70 \ub370\uc774\ud130 \ub178\uc774\uc988\ub97c \ud1b5\ud574 \uc2e0\ub8b0\ud560 \uc218 \uc788\ub294 \uc5f0\uad6c\uc640 \ud310\ub2e8\uc744 \uc81c\uacf5\ud569\ub2c8\ub2e4.<\/p>\n<p><a id=\"post-8062-heading_0\"><\/a><strong>\ud1b5\uacc4 \uba54\ucee4\ub2c8\uc998\uc758 \uc554\ubb35\uc801 \ud3b8\ud5a5<\/strong><\/p>\n<p>Wmax\uc758 \ud2b9\ubcc4 \uc870\uc0ac\uc5d0 \ub530\ub974\uba74 11\uc6d4 CPI \ub370\uc774\ud130\uac00 '\uc608\uc0c1\ubcf4\ub2e4 \ubd80\uc9c4'\ud55c \uac83\uc740 \uc815\ubd80 \ud3d0\uc1c4\ub85c \uc778\ud55c \ud1b5\uacc4 \ud504\ub85c\uc138\uc2a4\uc758 \ubd95\uad34\uc5d0 \uae30\uc778\ud55c \uac83\uc73c\ub85c \ub098\ud0c0\ub0ac\uc2b5\ub2c8\ub2e4. \ud3d0\uc1c4\uc758 \uc601\ud5a5\uc73c\ub85c \ub178\ub3d9\ud1b5\uacc4\uad6d\uc740 10\uc6d4 \uc804\uccb4 \uac00\uaca9 \uc815\ubcf4\ub97c \uc218\uc9d1\ud560 \uc218 \uc5c6\uc5c8\uace0, 11\uc6d4 \uc0d8\ud50c\ub9c1 \uc2dc\uac04\ub3c4 \ud3c9\uc18c\ubcf4\ub2e4 \ub2a6\uc5b4\uc84c\uc2b5\ub2c8\ub2e4. \uacb0\uad6d \ubcc4\ub3c4\uc758 10\uc6d4 CPI \ubcf4\uace0\uc11c\ub97c \ucde8\uc18c\ud558\uace0 \ub300\uc2e0 \"9\uc6d4\ubd80\ud130 11\uc6d4\uae4c\uc9c0 \uaca9\uc6d4 \ubcc0\uacbd\"\uc744 \uc0ac\uc6a9\ud558\uc5ec \uc6d4\ubcc4 \uc131\uc7a5\ub960 \ucd94\uc815\uce58\ub97c \ub300\uccb4\ud588\uc2b5\ub2c8\ub2e4. \ub354 \uc911\uc694\ud55c \uac83\uc740 \ub178\ub3d9\ud1b5\uacc4\uad6d\uc758 \ud1b5\uacc4 \ubc29\ubc95\uc5d0 \ub300\ud55c Wmax\uc758 \uc7a5\uae30 \uc5f0\uad6c\uc5d0 \ub530\ub974\uba74 \uc774 \uae30\uad00\uc740 CPI \uac00\uc911\uce58\uc758 1\/3\uc744 \ucc28\uc9c0\ud558\ub294 \uc8fc\ud0dd \ud558\uc704 \ud56d\ubaa9(\uc784\ub300\ub8cc, \uc18c\uc720\uc790 \ub3d9\ub4f1 \uc784\ub300\ub8cc \ud3ec\ud568)\uc5d0 \ub300\ud574 '\uc774\uc6d4 \ubc0f \ucc44\uc6b0\uae30' \ud504\ub85c\uc138\uc2a4\ub97c \uc0ac\uc6a9\ud558\ub294 \uac83\uc73c\ub85c \ub098\ud0c0\ub0ac\uc2b5\ub2c8\ub2e4. 2025\ub144 10\uc6d4 \uc784\ub300\ub8cc \ub370\uc774\ud130\ub294 2025\ub144 4\uc6d4 \ub370\uc774\ud130\ub97c \uc9c1\uc811 \uc0ac\uc6a9\ud558\uba70 \uae30\ubcf8\uc801\uc73c\ub85c \ud574\ub2f9 \ub2ec\uc758 \uac00\uaca9 \ubcc0\ub3d9\uc774 0\uc774\ub77c\uace0 \uac00\uc815\ud569\ub2c8\ub2e4. \uc774 \uc791\uc5c5\uc740 \ud575\uc2ec CPI\uc5d0 \uc0c1\ub2f9\ud55c \ud558\ud5a5 \uc555\ub825\uc744 \uac00\ud569\ub2c8\ub2e4.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" width=\"1409\" height=\"858\" class=\"wp-image-8064\" src=\"https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/20251219_145501.png\" alt=\"\u5c40\u90e8\u622a\u53d6_20251219_145501\" srcset=\"https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/20251219_145501.png 1409w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/20251219_145501-300x183.png 300w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/20251219_145501-1024x624.png 1024w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/20251219_145501-768x468.png 768w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/20251219_145501-18x12.png 18w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/20251219_145501-900x548.png 900w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/20251219_145501-600x365.png 600w\" sizes=\"(max-width: 1409px) 100vw, 1409px\" \/><\/p>\n<p>Wmax\uc758 \ud1b5\uacc4\uc801 \ud3b8\ud5a5 \uacc4\uc0b0\uc740 \ub9ce\uc740 \uacbd\uc81c\ud559\uc790\uc758 \uacac\ud574\ub97c \ubc18\uc601\ud569\ub2c8\ub2e4. UBS\ub294 \ub370\uc774\ud130\uc5d0 27bp \ud558\ud5a5 \ud3b8\ud5a5\uc774 \uc788\uc74c\uc744 \uc9c0\uc801\ud588\uc2b5\ub2c8\ub2e4. \uc774 \ud6a8\uacfc\ub97c \uc81c\uc678\ud558\uba74 \uc2e4\uc81c \uc5f0\uac04 \ud575\uc2ec CPI \ube44\uc728\uc740 3.0%\uc5d0 \uac00\uae4c\uc6cc\uc57c \ud569\ub2c8\ub2e4. TD Securities\uc758 '\ubd88\ub9cc\uc871\uc2a4\ub7ec\uc6b4 \ub2e8\uc5b4'\uc640 Ernst &amp; Young-Parthenon\uc758 '\uad6c\uba4d\uc774 \uac00\ub4dd\ud55c' \uc758\uacac\uc740 \ub370\uc774\ud130 \ubb34\uacb0\uc131\uc5d0 \ub300\ud55c Wmax\uc758 \uc6b0\ub824\ub97c \ud655\uc99d\ud574 \uc90d\ub2c8\ub2e4. \ud575\uc2ec \ud558\uc704 \ud56d\ubaa9\uc744 \ucd94\uac00\ub85c \ubd84\uc11d\ud55c Wmax\ub294 \uc8fc\ud0dd \ubc94\uc8fc\uc5d0\uc11c \uc608\uc678\uc801\uc778 \ud604\uc0c1\uc774 \ud2b9\ud788 \ub450\ub4dc\ub7ec\uc9c4\ub2e4\ub294 \uc0ac\uc2e4\uc744 \ubc1c\uacac\ud588\uc2b5\ub2c8\ub2e4. \ub450 \ub2ec \uc774\ub0b4\uc5d0 \ud3c9\uade0 \uc8fc\uc694 \uc784\ub300\ub8cc\ub294 0.06%\ub9cc \uc99d\uac00\ud588\uace0 \uc18c\uc720\uc790\uc758 \ub4f1\uac00 \uc784\ub300\ub8cc\ub294 \ud3c9\uade0 0.14% \uc99d\uac00\ud588\uc2b5\ub2c8\ub2e4. \uc774\ub294 \ucd5c\uadfc \uc778\ud50c\ub808\uc774\uc158\uc758 \uc8fc\uc694 \uc6d0\uc778\uc778 \uc8fc\ud0dd \ucd94\uc138\uc5d0\uc11c \ud06c\uac8c \ubc97\uc5b4\ub09c \uac83\uc774\uba70, \ud1b5\uacc4\uc801 \ubc29\ubc95\uc758 \uacb0\ud568\uc744 \ud1b5\ud574\uc11c\ub9cc \ud569\ub9ac\uc801\uc73c\ub85c \uc124\uba85\ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub3d9\uc2dc\uc5d0 Wmax\ub294 \ubcf4\uace0\uc11c\ub97c \ubc1c\ud45c\ud558\uae30 \uc804\uc5d0 \ub178\ub3d9\ud1b5\uacc4\uad6d\uc5d0\uc11c \"\uaca9\uc6d4 \ub370\uc774\ud130\uac00 \ud06c\uac8c \ubcc0\ub3d9\ud560 \uacbd\uc6b0 \ub204\ub77d\ub41c \uc6d4 \ucd94\uc815\uce58\uc5d0 \ub300\ud55c \uc2e0\ub8b0\ub3c4\uac00 \ub0ae\uc544\uc838\uc57c \ud55c\ub2e4\"\uace0 \uacbd\uace0\ud588\ub2e4\uace0 \uc5b8\uae09\ud588\uc2b5\ub2c8\ub2e4. \ub864\ub9c1 6\uac1c\uc6d4 \uc784\ub300\ub8cc \uc0d8\ud50c\ub9c1 \uba54\ucee4\ub2c8\uc998\uc73c\ub85c \uc778\ud574 \uc798\ubabb\ub41c 10\uc6d4 \ub370\uc774\ud130\uac00 \ub0b4\ub144 4\uc6d4\uae4c\uc9c0 \uc644\uc804\ud788 \uc81c\uac70\ub418\uc9c0 \uc54a\uc744 \uc218 \uc788\uc73c\uba70, \uc774\ub294 \uc5f0\uac04 \uc778\ud50c\ub808\uc774\uc158 \uc218\uce58\uc5d0 \uc7a5\uae30\uc801\uc778 \uc601\ud5a5\uc744 \ubbf8\uce60 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n<p><a id=\"post-8062-heading_1\"><\/a><strong>\uc2e4\uc2dc\uac04 \ubaa8\ub2c8\ud130\ub9c1\uc744 \uc704\ud55c \uc5f0\uacc4 \ub85c\uc9c1<\/strong><\/p>\n<p>\ub370\uc774\ud130 \uacf5\uac1c \uc774\ud6c4 \uae08\uc735\uc2dc\uc7a5\uc740 \ub69c\ub837\ud55c \uc5f0\uacc4 \ubc18\uc751\uc744 \ubcf4\uc600\uc73c\uba70 Wmax \uc2e4\uc2dc\uac04 \ubaa8\ub2c8\ud130\ub9c1 \uc2dc\uc2a4\ud15c\uc740 \ud575\uc2ec \uc790\uc0b0\uc758 \ubcc0\ub3d9\uc744 \uc815\ud655\ud558\uac8c \ud3ec\ucc29\ud588\uc2b5\ub2c8\ub2e4. \ubbf8\uad6d \ub2ec\ub7ec \uc9c0\uc218\ub294 \ub2e8\uae30\uc801\uc73c\ub85c 22\ud3ec\uc778\ud2b8 \ud558\ub77d\ud558\uc5ec \ucd5c\uadfc \ud575\uc2ec \ud3ec\uc778\ud2b8\uc600\ub358 \ucd5c\uc800 \uc218\uc900\uc778 98.20\uc744 \uae30\ub85d\ud588\uc2b5\ub2c8\ub2e4. \uc8fc\uc694 \uc9c0\uc6d0 \uc218\uc900; \ud604\ubb3c \uae08\uc740 \ub2e8\uae30\uc801\uc73c\ub85c \ubbf8\ud654 16\ub2ec\ub7ec \uc0c1\uc2b9\ud558\uc5ec \uc628\uc2a4\ub2f9 \ucd5c\ub300 \ubbf8\ud654 4,337.81\ub2ec\ub7ec\uc5d0 \uc774\ub974\ub800\uc73c\uba70, \uc774\ub294 \uc548\uc804\ud55c \ud53c\ub09c\ucc98\uc640 \uc778\ud50c\ub808\uc774\uc158 \ubc29\uc9c0\uc758 \ud544\uc694\uc131\uc744 \uac15\uc870\ud588\uc2b5\ub2c8\ub2e4. \ubbf8\uad6d \uc678 \ud1b5\ud654\ub294 \uc77c\ubc18\uc801\uc73c\ub85c \uc0c1\uc2b9\ud588\ub294\ub370, \uc720\ub85c\ud654\ub294 \ubbf8\uad6d \ub2ec\ub7ec \ub300\ube44 \uac70\uc758 30\ud3ec\uc778\ud2b8 \uc0c1\uc2b9\ud588\uace0, \ubbf8\uad6d \ub2ec\ub7ec\ub294 \uc77c\ubcf8 \uc5d4 \ub300\ube44 \uac70\uc758 40\ud3ec\uc778\ud2b8 \ud558\ub77d\ud55c 155.34\ub97c \uae30\ub85d\ud588\uc2b5\ub2c8\ub2e4. \ubbf8\uad6d \uc8fc\uac00\uc9c0\uc218 \uc120\ubb3c\uc774 \uc0c1\uc2b9\ud558\uace0 \uad6d\ucc44 \uac00\uaca9\uc774 \uc0c1\uc2b9\ud558\ub294 \ub4f1 \uc8fc\uc2dd\uacfc \ucc44\uad8c \uc2dc\uc7a5\uc774 \ub3d9\uc2dc\uc5d0 \ubc18\uc751\ud588\ub294\ub370, \uc774\ub294 \ub290\uc2a8\ud55c \uc815\ucc45\uc5d0 \ub300\ud55c \uc2dc\uc7a5 \uae30\ub300\uac00 \ub192\uc544\uc9c0\ub294 \uac83\uc744 \ubc18\uc601\ud55c \uac83\uc785\ub2c8\ub2e4.<\/p>\n<p><img decoding=\"async\" width=\"1518\" height=\"804\" class=\"wp-image-8065\" src=\"https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/word-image-8062-3.png\" srcset=\"https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/word-image-8062-3.png 1518w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/word-image-8062-3-300x159.png 300w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/word-image-8062-3-1024x542.png 1024w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/word-image-8062-3-768x407.png 768w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/word-image-8062-3-18x10.png 18w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/word-image-8062-3-900x477.png 900w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/word-image-8062-3-600x318.png 600w\" sizes=\"(max-width: 1518px) 100vw, 1518px\" \/><\/p>\n<p>\uc815\ucc45\uae30\ub300 \uce21\uba74\uc5d0\uc11c Wmax\ub294 \uc5f0\ubc29\uae30\uae08\uae08\ub9ac\uc120\ubb3c \ub370\uc774\ud130\ub97c \ud1b5\ud574 \uacc4\uc0b0\ud55c \uacb0\uacfc, \uc5f0\uc900\uc774 1\uc6d4 \uae08\ub9ac\ub97c \uc778\ud558\ud560 \ud655\ub960\uc774 26.6%\uc5d0\uc11c 28.8%\ub85c \uc99d\uac00\ud55c \uac83\uc73c\ub85c \ub098\ud0c0\ub0ac\ub2e4. \uc2dc\uc7a5\uc740 2026\ub144 \ub9d0\uae4c\uc9c0 \uc644\ud654 \uae30\ub300\uce58\ub97c 3bp \ub192\uc600\uc73c\uba70, \uc644\ud654 \ubc94\uc704\ub294 \uc5f0\uc911 62bp\uc5d0 \uc774\ub97c \uac83\uc73c\ub85c \uc608\uc0c1\ub429\ub2c8\ub2e4. \uc774\ub7ec\ud55c \uc608\uc0c1 \ubcc0\ud654\ub294 Wmax\uc758 \uc815\ucc45 \ubbfc\uac10 \ubaa8\ub378 \ud30c\uc0dd\uacfc \uc77c\uce58\ud569\ub2c8\ub2e4. \ub0ae\uc740 \uc778\ud50c\ub808\uc774\uc158 \ub370\uc774\ud130\ub294 \ube44\ub458\uae30\ud30c\uc801\uc778 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4\uc774\uc0ac\ud68c(FRB)\uc5d0 \uae08\ub9ac \uc778\ud558\uc758 \uc99d\uac70\ub97c \uc81c\uacf5\ud569\ub2c8\ub2e4. 12\uc6d4 \uacbd\uc81c\uc9c0\ud45c\uac00 \ubd80\uc9c4\ud560 \uacbd\uc6b0 \uc815\ucc45 \uc644\ud654 \uac00\ub2a5\uc131\uc740 \ub354\uc6b1 \ucee4\uc9c4\ub2e4. \ub3d9\uc2dc\uc5d0 Wmax\ub294 \uae08\ub9ac \uc804\ub7b5\uac00 Ira Jersey\uac00 \uc81c\uc2dc\ud55c '\uc218\uc775\ub960 \uace1\uc120 \uac15\uc138\uc7a5 \uc2a4\ud2f0\ud504\ub2dd' \uc608\uce21\uc774 \uc2dc\uc7a5 \uc790\ubcf8 \ud750\ub984\uc744 \ucd94\uc801\ud558\ub294 \uc790\uccb4 \uacb0\ub860\uacfc \uc77c\uce58\ud55c\ub2e4\ub294 \uc0ac\uc2e4\uc744 \ud655\uc778\ud588\uc2b5\ub2c8\ub2e4. \ub2e8\uae30 \uc790\uae08\uc740 \ud3ec\uc9c0\uc158\uc774 \ub9c8\uac10\ub41c \uc774\ud6c4 \uc810\ucc28 \uc7a5\uae30\ucc44 \ucabd\uc73c\ub85c \uae30\uc6b8\uc5b4\uc9d1\ub2c8\ub2e4.<\/p>\n<p><a id=\"post-8062-heading_2\"><\/a><strong>\uc778\ud50c\ub808\uc774\uc158 \ucd94\uc138\uc640 \uacbd\uc81c\uc801 \uc5f0\uacc4\uc131\uc5d0 \ub300\ud55c \ubcc0\uc99d\ubc95\uc801 \uc5f0\uad6c \ubc0f \ud310\ub2e8<\/strong><\/p>\n<p>\uc778\ud50c\ub808\uc774\uc158 \ub370\uc774\ud130\uc758 \uc131\uaca9\uc5d0 \ub300\ud574 Wmax\ub294 \ub2e8\uc21c\ud788 '\ud1b5\uacc4\uc801 \uc774\uc0c1'\uc774\ub098 '\uc2e4\uc81c \ud558\ub77d'\uc73c\ub85c \ubd84\ub958\ud558\ub294 \uac83\uc774 \uc544\ub2c8\ub77c \ub2e4\ucc28\uc6d0 \uc9c0\ud45c\uc758 \uad50\ucc28 \uac80\uc99d\uc744 \ud1b5\ud574 \ubcc0\uc99d\ubc95\uc801 \uad00\uc810\uc744 \ud615\uc131\ud569\ub2c8\ub2e4. \ud55c\ud3b8\uc73c\ub85c\ub294 \ub80c\ud2b8\ube44, \uc911\uace0\ucc28 \uac00\uaca9 \ub4f1\uc758 \ub3c5\ub9bd\uc801\uc778 \uc9c0\ud45c\uac00 '\uc804\ud1b5\uc801\uc778 \uc778\ud50c\ub808\uc774\uc158 \ub3d9\uc778\uc774 \uc1e0\ud1f4\ud558\uace0 \uc788\ub2e4'\ub294 \ud310\ub2e8\uacfc \uc77c\uce58\ud558\uba70, \ud604\uc7ac \uc778\ud50c\ub808\uc774\uc158\uc758 \ud575\uc2ec \ub3d9\uc778\uc740 CPI \ubc14\uc2a4\ucf13\uc5d0 \ud3ec\ud568\ub418\uc5b4 \uc788\uc5b4 \ube44\uc728\uc774 \uc81c\ud55c\ub418\uc5b4 \uc788\uc73c\uba70 \ucd94\uc138 \ub0c9\uac01 \uac00\ub2a5\uc131\ub3c4 \uc788\uc2b5\ub2c8\ub2e4. \uc778\ud50c\ub808\uc774\uc158 \uac00\ub2a5\uc131\ub3c4 \ubc30\uc81c\ud560 \uc218 \uc5c6\uc2b5\ub2c8\ub2e4. \ubc18\uba74, \ud2b9\ud788 \uc8fc\ud0dd\uacfc \uac19\uc740 \uc9c0\uc18d \uac00\ub2a5\ud55c \uc11c\ube44\uc2a4 \uc0b0\uc5c5 \ud558\uc704 \ubd80\ubb38\uc5d0\uc11c \uc774\ub7ec\ud55c \uac11\uc791\uc2a4\ub7ec\uc6b4 \uc778\ud50c\ub808\uc774\uc158 \uc815\uccb4\ub294 \uacbd\uae30 \uce68\uccb4\uac00 \uc5c6\ub294 \uacbd\uc6b0 \uadf9\ud788 \ub4dc\ubb45\ub2c8\ub2e4. \uc774\ub294 \uce90\ud53c\ud0c8\uc774\ucf54\ub178\ubbf9\uc2a4\uc758 \uc2e0\uc911\ud55c \uacac\ud574\uc640\ub3c4 \uc77c\uce58\ud55c\ub2e4. Wmax\uc5d0\uc11c\ub294 \ucd94\uc138\uc758 \uc2e0\ub8b0\uc131\uc744 \ud655\uc778\ud558\ub824\uba74 12\uc6d4 CPI \ub370\uc774\ud130\ub97c \uae30\ub2e4\ub824\uc57c \ud55c\ub2e4\uace0 \uc0dd\uac01\ud569\ub2c8\ub2e4. \ucde8\uc5c5 \uc2dc\uc7a5\uc5d0 \ub300\ud55c \ub3d9\uc2dc \ub370\uc774\ud130\ub294 \uc5f0\uad6c\uc640 \ud310\ub2e8\uc5d0 \uc911\uc694\ud55c \ubcf4\ucda9 \uc790\ub8cc\ub97c \uc81c\uacf5\ud569\ub2c8\ub2e4. 12\uc6d4 13\uc77c\uae4c\uc9c0 \ud55c \uc8fc \ub3d9\uc548 Wmax\uac00 \ubaa8\ub2c8\ud130\ub9c1\ud55c \ubbf8\uad6d\uc758 \ucd08\uae30 \uc2e4\uc5c5 \uc218\ub2f9 \uccad\uad6c \uac74\uc218\ub294 224,000\uac74\uc73c\ub85c \uc608\uc0c1 225,000\uac74\ubcf4\ub2e4 \ub0ae\uc558\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uc804\uc8fc\uc758 \uae09\uc99d \ucd94\uc138\ub97c \ubc18\uc804\uc2dc\ucf1c 12\uc6d4\uc5d0\ub3c4 \ub178\ub3d9 \uc2dc\uc7a5\uc774 \uc548\uc815\uc801\uc73c\ub85c \uc720\uc9c0\ub418\uc5c8\uc74c\uc744 \ub098\ud0c0\ub0c5\ub2c8\ub2e4.<\/p>\n<p><img decoding=\"async\" width=\"1421\" height=\"857\" class=\"wp-image-8066\" src=\"https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/20251219_145904.png\" alt=\"\u5c40\u90e8\u622a\u53d6_20251219_145904\" srcset=\"https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/20251219_145904.png 1421w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/20251219_145904-300x181.png 300w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/20251219_145904-1024x618.png 1024w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/20251219_145904-768x463.png 768w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/20251219_145904-18x12.png 18w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/20251219_145904-900x543.png 900w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2025\/12\/20251219_145904-600x362.png 600w\" sizes=\"(max-width: 1421px) 100vw, 1421px\" \/><\/p>\n<p>\uae30\uc874 \ube44\ub18d\uc5c5 \ub370\uc774\ud130\uc758 \ucc28\ubcc4\ud654\ub41c \ud2b9\uc131\uacfc \uacb0\ud569\ud574 Wmax\ub294 \ud604\uc7ac \ub178\ub3d9\uc2dc\uc7a5\uc774 \"\uace0\uc6a9\uc8fc\ub294 \ucc44\uc6a9\uc5d0 \uc2e0\uc911\ud558\uc9c0\ub9cc \ud574\uace0\ub294 \ud558\uc9c0 \uc54a\ub294\ub2e4\"\ub294 \uc548\uc815 \uc0c1\ud0dc\uc5d0 \uc788\ub2e4\uace0 \ubd84\uc11d\ud588\ub2e4. \ud2b8\ub7fc\ud504 \uad00\uc138 \uc815\ucc45\uc758 \uc601\ud5a5\uc73c\ub85c \uae30\uc5c5 \ucc44\uc6a9\uc740 \uc904\uc5c8\uc9c0\ub9cc \ub300\uaddc\ubaa8 \ud574\uace0\ub294 \uc5c6\uc5c8\ub2e4. \uc774\ub7ec\ud55c \uc0c1\ud669\uc740 \uc628\ud654\ud55c \uc778\ud50c\ub808\uc774\uc158 \ub370\uc774\ud130\ub97c \ubc18\uc601\ud558\uba70 \uc5f0\uc900\uc774 \uae08\ub9ac \uc778\ud558\ub97c \uace0\ub824\ud558\ub294 \uc911\uc694\ud55c \ubcf5\ud569 \uc2e0\ud638\uac00 \ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4. Wmax\ub294 \"\uc774 \ub370\uc774\ud130\ub97c \ubb34\uc2dc\ud558\uace0 \uc704\ud5d8\uc744 \uac10\uc218\ud574\uc57c \ud55c\ub2e4\"\ub294 Annex Wealth Management\uc758 \uc218\uc11d \uacbd\uc81c \uc804\ub7b5\uac00\uc758 \uacac\ud574\uc5d0 \ub3d9\uc758\ud558\uc9c0\ub9cc \ub3d9\uc2dc\uc5d0 \ud1b5\uacc4\uc801 \ud3b8\uacac\uc758 \uac04\uc12d\uc744 \uc870\uc2ec\ud574\uc57c \ud568\uc744 \uac15\uc870\ud55c\ub2e4\ub294 \uc810\uc740 \uc8fc\ubaa9\ud560 \uac00\uce58\uac00 \uc788\uc2b5\ub2c8\ub2e4. Wmax\ub294 \uc790\uccb4 \uc778\ud50c\ub808\uc774\uc158 \ud558\uc704 \ud56d\ubaa9 \ucd94\uc801 \ubaa8\ub378\uc744 \ud1b5\ud574 12\uc6d4 CPI\uac00 \ubc1c\ud45c\ub418\uba74 \uc8fc\ud0dd \uce74\ud14c\uace0\ub9ac\uc758 \uc6d4\ubcc4 \ubcc0\ud654\uac00 '\ubc18\ub4f1 \uc870\uc815'\uc744 \uacaa\uc744 \uac00\ub2a5\uc131\uc774 \ub192\ub2e4\ub294 \uc0ac\uc2e4\uc744 \ubc1c\uacac\ud588\uc2b5\ub2c8\ub2e4. \uc5f0\uac04 \uc131\uc7a5\ub960\uc740 \uc5ec\uc804\ud788 \u200b\u200b\ucd08\uae30 \ud1b5\uacc4 \uc624\ub958\ub85c \uc778\ud574 \uc601\ud5a5\uc744 \ubc1b\uc744 \uc218 \uc788\uc9c0\ub9cc \uc2e4\uc81c \uc778\ud50c\ub808\uc774\uc158 \ucd94\uc138\ub97c \ud310\ub2e8\ud558\ub294 \ud575\uc2ec \uae30\ubc18\uc744 \uc81c\uacf5\ud560 \uac83\uc785\ub2c8\ub2e4.<\/p>\n<p><a id=\"post-8062-heading_3\"><\/a><strong>\ucd94\uc801 \ubc0f \ubbf8\ub798 \uc9c0\ud5a5\uc801\uc778 \ud1b5\ucc30\ub825<\/strong><\/p>\n<p>11\uc6d4 \ubbf8\uad6d CPI \uc9c0\ud45c\uc758 '\uc608\uae30\uce58 \ubabb\ud55c \uc57d\uc138'\ub294 \ubcf8\uc9c8\uc801\uc73c\ub85c \ud1b5\uacc4 \uba54\ucee4\ub2c8\uc998\uc758 \uacb0\ud568\uacfc \uc778\ud50c\ub808\uc774\uc158 \ucd94\uc138\uc758 \uc9c4\ud654\uac00 \uc911\ucca9\ub41c \uacb0\uacfc\uc785\ub2c8\ub2e4. Wmax\ub294 \ud1b5\uacc4 \ubc29\ubc95\uc5d0 \ub300\ud55c \uc2ec\uce35\uc801\uc778 \uc774\ud574, \uc2dc\uc7a5 \uc5f0\uacc4\uc758 \uc2e4\uc2dc\uac04 \ubaa8\ub2c8\ud130\ub9c1 \ubc0f \uacbd\uc81c \uc9c0\ud45c\uc758 \uad50\ucc28 \uac80\uc99d\uc744 \ud1b5\ud574 \ub370\uc774\ud130 \ub178\uc774\uc988\uc758 \ucd9c\ud604\uc744 \ud30c\uc545\ud569\ub2c8\ub2e4. \ub2e8\uae30\uc801\uc73c\ub85c\ub294 \ub370\uc774\ud130 \ud3b8\ucc28\uac00 \uc2dc\uc7a5\uc5d0 \ubbf8\uce58\ub294 \uc601\ud5a5\uc774 \uc810\ucc28 \ub098\ud0c0\ub098\uace0 \uc788\uc73c\uba70 \uc644\ud654 \uae30\ub300\uce58\uac00 \ucd5c\uadfc \uc790\uc0b0 \uac00\uaca9\uc744 \uc9c0\ubc30\ud560 \uac83\uc785\ub2c8\ub2e4. \uc7a5\uae30\uc801\uc73c\ub85c \uc2e4\uc81c \uc778\ud50c\ub808\uc774\uc158 \ucd94\uc138\uc640 \uc5f0\uc900\uc758 \uc815\ucc45 \uacbd\ub85c\ub294 \uc5ec\uc804\ud788 12\uc6d4 CPI, \ube44\ub18d\uc5c5 \ub370\uc774\ud130 \ub4f1 \ud575\uc2ec \ub370\uc774\ud130\uc758 \uac80\uc99d\uc5d0 \uc758\uc874\ud574\uc57c \ud569\ub2c8\ub2e4. \ub178\ub3d9\uc2dc\uc7a5\uc758 \uc548\uc815\uc0c1\ud0dc\uc640 \uc778\ud50c\ub808\uc774\uc158 \uc9c0\ud45c\uc758 \ubaa8\uc21c, \ud1b5\uacc4\uc801 \uc774\uc0c1\ud604\uc0c1\uacfc \ucd94\uc138\ubcc0\ud654\uc758 \uc5bd\ud798\uc740 \ud604\uc7ac \ubbf8\uad6d \uacbd\uc81c\uc758 \ud575\uc2ec \uac8c\uc784 \ud3ec\uc778\ud2b8\ub97c \uad6c\uc131\ud558\uace0 \uc788\ub2e4. Wmax\ub294 12\uc6d4 \ub370\uc774\ud130 \ubc1c\ud45c, \ub178\ub3d9\ud1b5\uacc4\uad6d \ud1b5\uacc4 \ubc29\ubc95 \uc870\uc815, \uc5f0\ubc29\uc900\ube44\uc740\ud589 \uc815\ucc45 \ub3d9\ud5a5\uc744 \uacc4\uc18d \ucd94\uc801\ud569\ub2c8\ub2e4. \uc804\ubb38\uc801\uc778 \ubaa8\ub378 \ucd94\ub860\uacfc \uc815\ud655\ud55c \ub370\uc774\ud130 \ubaa8\ub2c8\ud130\ub9c1\uc744 \ud1b5\ud574 \ud22c\uc790\uc790\uc5d0\uac8c \uc2ec\uce35\uc801\uc774\uace0 \uc2e0\ub8b0\ud560 \uc218 \uc788\ub294 \uc758\uc0ac \uacb0\uc815 \ucc38\uc870\ub97c \uc81c\uacf5\ud558\uc5ec \uacbd\uc81c \ub370\uc774\ud130\uc758 \uc548\uac1c\ub97c \uc81c\uac70\ud558\uace0 \ud575\uc2ec \uc2dc\uc7a5 \uae30\ud68c\uc640 \uc704\ud5d8\uc744 \ud30c\uc545\ud558\ub294 \ub370 \ub3c4\uc6c0\uc744 \uc904 \uac83\uc785\ub2c8\ub2e4.<\/p>","protected":false},"excerpt":{"rendered":"<p>11\uc6d4 \ubbf8\uad6d CPI\ub294 \uc804\ub144 \ub3d9\uae30 \ub300\ube44 2.7%, \ud575\uc2ec CPI\ub294 2.6%\ub85c \uc0ac\uc0c1 \ucd5c\uc800\uce58\ub97c \uae30\ub85d\ud588\ub2e4. \uadf8\ub7ec\ub098 Wmax\uc5d0\uc11c\ub294 \ub370\uc774\ud130\uac00 \uc815\ubd80 \ud3d0\uc1c4\ub85c \uc778\ud574 \uc601\ud5a5\uc744 \ubc1b\uc558\uc73c\uba70 \ud1b5\uacc4\uc801 \ud3b8\ucc28\uac00 \uc788\ub2e4\uace0 \ud310\ub2e8\ud588\uc2b5\ub2c8\ub2e4. \uc2e4\uc81c \uadfc\uc6d0 \uc778\ud50c\ub808\uc774\uc158\uc740 3.0%\uc5d0 \uac00\uae4c\uc6b8 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ubbf8 \uc5f0\uc900\uc758 \uae08\ub9ac \uc778\ud558 \uae30\ub300\uac10\uc774 \ub192\uc544\uc9c0\uba74\uc11c \ub2ec\ub7ec\uc9c0\uc218\ub294 \ud558\ub77d\ud558\uace0 \uae08\uac12\uc740 \uc0c1\uc2b9\ud588\ub2e4. 12\uc6d4 \ub370\uc774\ud130\ub294 \uc2e4\uc81c \uc778\ud50c\ub808\uc774\uc158 \ucd94\uc138\ub97c \ud655\uc778\ud560 \uac83\uc785\ub2c8\ub2e4.<\/p>","protected":false},"author":1,"featured_media":8063,"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":[359,358,357],"class_list":["post-8062","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-news","tag-cpi","tag-358","tag-357"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/posts\/8062","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=8062"}],"version-history":[{"count":2,"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/posts\/8062\/revisions"}],"predecessor-version":[{"id":8068,"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/posts\/8062\/revisions\/8068"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/media\/8063"}],"wp:attachment":[{"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/media?parent=8062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/categories?post=8062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kpai1.cn\/ko\/wp-json\/wp\/v2\/tags?post=8062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}