{"id":9004,"date":"2026-01-12T08:56:51","date_gmt":"2026-01-12T08:56:51","guid":{"rendered":"https:\/\/www.mdwcc.com\/?p=9004"},"modified":"2026-01-12T08:56:55","modified_gmt":"2026-01-12T08:56:55","slug":"non-farm-payroll-data-barometer-shifts-the-feds-policy-anchor-point-shifts-and-new-market-dynamics","status":"publish","type":"post","link":"https:\/\/www.mdwcc.com\/ko\/non-farm-payroll-data-barometer-shifts-the-feds-policy-anchor-point-shifts-and-new-market-dynamics\/","title":{"rendered":"\ube44\ub18d\uc5c5 \uae09\uc5ec \ub370\uc774\ud130 \"\ubc14\ub85c\ubbf8\ud130\"\uac00 \ubcc0\ud654\ud569\ub2c8\ub2e4! \uc5f0\uc900\uc758 \uc815\ucc45 \uae30\uc900\uc810 \uc774\ub3d9\uacfc \uc0c8\ub85c\uc6b4 \uc2dc\uc7a5 \uc5ed\ud559"},"content":{"rendered":"

\ubbf8\uad6d \uacbd\uc81c\uc758 \ud65c\ub825\uc744 \ubc18\uc601\ud558\ub294 \uc9c0\ud45c\ub85c\uc11c \ubbf8\uad6d \ube44\ub18d\uc5c5 \uae09\uc5ec \ub370\uc774\ud130 \uacf5\uac1c\ub294 \uacbd\uc81c \uc804\ub9dd\uc5d0 \ub300\ud55c \uc2dc\uc7a5 \ud310\ub2e8\uc5d0 \uc9c1\uc811\uc801\uc778 \uc601\ud5a5\uc744 \ubbf8\uce60 \ubfd0\ub9cc \uc544\ub2c8\ub77c \uc5f0\uc900\uc758 \uc815\ucc45 \ubc29\ud5a5 \ubc0f \uae00\ub85c\ubc8c \uc790\uc0b0 \uac00\uaca9 \ubcc0\ub3d9\uacfc\ub3c4 \uae4a\uc740 \uc5f0\uad00\uc774 \uc788\uc2b5\ub2c8\ub2e4. 2025\ub144 \ud558\ubc18\uae30\uc758 \ud2b9\ubcc4\ud55c \uc2dc\uc7a5 \ucc28\uc774\ubd80\ud130 \uc5f0\ub9d0 \uc8fc\uc694 \ub370\uc774\ud130 \uacf5\uac1c\uae4c\uc9c0 \uc77c\ub828\uc758 \ube44\ub18d\uc5c5 \uae09\uc5ec \ubcf4\uace0\uc11c\ub294 \ubbf8\uad6d \uacbd\uc81c \ubcc0\ud601 \uae30\uac04\uc758 \ubcf5\uc7a1\ud55c \uadf8\ub9bc\uc744 \uc124\uba85\ud588\uc73c\uba70 \uae00\ub85c\ubc8c \uc815\ucc45 \uc870\uc815 \ubc0f \uc2dc\uc7a5 \ub3d9\ud5a5\uc5d0 \ub300\ud55c \uc2ec\uce35\uc801\uc778 \uac8c\uc784\uc744 \ucd09\ubc1c\ud588\uc2b5\ub2c8\ub2e4.<\/p>\n

2025\ub144 \ud558\ubc18\uae30 \ubbf8\uad6d \uace0\uc6a9 \uc2dc\uc7a5\uc740 \uc77c\uc790\ub9ac \ucc3d\ucd9c\uc774 \ub3d9\uc2dc\uc5d0 \uc99d\uac00\ud558\uace0 \uc2e4\uc5c5\ub960\ub3c4 \uc99d\uac00\ud558\ub294 \ubcf4\uae30 \ub4dc\ubb38 \uad34\ub9ac\ub97c \uacbd\ud5d8\ud588\uc2b5\ub2c8\ub2e4. 9\uc6d4 \ube44\ub18d\uc5c5 \uace0\uc6a9 \ubcf4\uace0\uc11c\uc5d0 \ub530\ub974\uba74 \ud574\ub2f9 \ub2ec\uc5d0 119,000\uac1c\uc758 \uc0c8\ub85c\uc6b4 \uc77c\uc790\ub9ac\uac00 \ucd94\uac00\ub418\uc5b4 \uc2dc\uc7a5 \uae30\ub300\uce58\uc778 51,000\uac1c\ub97c \ud6e8\uc52c \ucd08\uacfc\ud588\uc9c0\ub9cc \uc2e4\uc5c5\ub960\uc740 \uc6d4\uac04 4.4%\ub85c \uc0c1\uc2b9\ud588\uc2b5\ub2c8\ub2e4. \uc774\ub7ec\ud55c \ubaa8\uc21c\ub41c \ud604\uc0c1\uc758 \ud575\uc2ec \uc6d0\uc778\uc740 \uc77c\uc790\ub9ac \uac10\uc18c\uac00 \uc544\ub2c8\ub77c \ub178\ub3d9\uc218\uae09 \uad00\uacc4\uc758 \uad6c\uc870\uc801 \uc870\uc815\uc5d0 \uc788\ub2e4. \uc77c\uc790\ub9ac \ucc3d\ucd9c \uc99d\uac00\ub294 \uae30\uc5c5\uc758 \uc801\uadf9\uc801\uc778 \ucc44\uc6a9, \ud2b9\ud788 \uc815\ubd80 \ud3d0\uc1c4\uc5d0 \ub530\ub978 \uc77c\ud68c\uc131 \uc7ac\uace0\uc6a9\uc5d0 \uae30\uc778\ud569\ub2c8\ub2e4. \uc2e4\uc5c5\ub960\uc758 \uc0c1\uc2b9\uc740 \uc57d 500,000\uba85\uc758 \uc0ac\ub78c\ub4e4\uc774 \ub178\ub3d9 \uc2dc\uc7a5\uc5d0 \uc7ac\uc9c4\uc785\ud558\uace0 \ub3d9\uc2dc\uc5d0 \ub178\ub3d9\ub825 \ucc38\uc5ec\ub3c4 \uc99d\uac00\ud588\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4. \uc774\ub7ec\ud55c \uacf5\uae09 \uc99d\uac00\ub294 \uc0c8\ub85c \ucc3d\ucd9c\ub41c \uc77c\uc790\ub9ac\uc758 \uae0d\uc815\uc801\uc778 \ud6a8\uacfc\ub97c \uc0c1\uc1c4\ud569\ub2c8\ub2e4.<\/p>\n

\"\uc0ac\uc9c4<\/p>\n

\ud55c\ud3b8, \ub370\uc774\ud130 \ud1b5\uacc4\uc758 \uace0\uc720\ud55c \ud2b9\uc131\uc73c\ub85c \uc778\ud574 \uc774\ub7ec\ud55c \ubd88\uc77c\uce58\uac00 \ub354\uc6b1 \uc99d\ud3ed\ub418\uc5c8\uc2b5\ub2c8\ub2e4. 8\uc6d4 \ube44\ub18d\uc5c5 \uae09\uc5ec \uc870\uc0ac\uc5d0\uc11c \uae30\uc5c5\uc758 \uc751\ub2f5\ub960\uc740 75.6%\uc5d0 \ubd88\uacfc\ud588\uace0, 12,000\uac1c \uae30\uc5c5\uc758 \uace0\uc6a9 \ub370\uc774\ud130\ub294 9\uc6d4\uae4c\uc9c0 \uc9c0\uc5f0\ub418\uc5c8\uc2b5\ub2c8\ub2e4. \uc9c0\ubc29\uc790\uce58\ub2e8\uccb4\uac00 \uad50\uc0ac\uc9c1 1\ub9cc9000\uba85\uc744 \uc9d1\uc911 \ud3b8\uc785\ud55c \uac83\uacfc \ub9de\ubb3c\ub824 9\uc6d4 \uc2e0\uaddc \uc9c1\uc704 \uc218\ub294 \uc57d 3\ub9cc8000\uba85 \uac00\ub7c9 \ub298\uc5b4\ub0ac\ub2e4. \ub610\ud55c \uae30\uad00\uc870\uc0ac\uc758 '\ubcf5\uc218\uc9c1\uacfc \uc911\ubcf5\ud1b5\uacc4'\ub85c \uc778\ud574 \uc9c1\uc704\uc218\uac00 \uc57d 7\ub9cc4\ucc9c\uc5ec\uac1c \ubd80\ud480\ub824\uc9c4 \ubc18\uba74, \uac00\uacc4\uc870\uc0ac\uc5d0 \ud3ec\ud568\ub41c \uc790\uc601\uc5c5\uc790\uc640 \uacf5\uc5f0\uadfc\ub85c\uc790\ub294 \ub300\ubd80\ubd84 \uc800\uc784\uae08\uc774\ub098 \uc2dc\uac04\uc81c\uc9c1\uc774\uc5b4\uc11c \uace0\uc6a9\uc758 \uc9c8\uc744 \uc81c\ub300\ub85c \uac1c\uc120\ud558\uc9c0 \ubabb\ud588\ub2e4.<\/p>\n

12\uc6d4 \ube44\ub18d\uc5c5 \uae09\uc5ec \ubcf4\uace0\uc11c\ub294 43\uc77c \uac04\uc758 \ubbf8\uad6d \uc815\ubd80 \ud3d0\uc1c4 \uc774\ud6c4 \uc801\uc2dc\uc5d0 \ubc1c\ud45c\ub41c \uccab \uace0\uc6a9 \ub370\uc774\ud130\ub85c \uc815\ud655\ub3c4\uc640 \uc644\uc131\ub3c4\uac00 \ud06c\uac8c \ud5a5\uc0c1\ub410\uace0, \uae30\uc900\uce58\uac00 \uae30\uc874 \ub300\uccb4 \uc9c0\ud45c\ub97c \ud6e8\uc52c \ub6f0\uc5b4\ub118\ub294 \ub4f1 \uc2dc\uc7a5\uc758 \uad00\uc2ec\uc774 \uc9d1\uc911\ub410\ub2e4. \uc8fc\uc694 \ub370\uc774\ud130\uc5d0 \ub530\ub974\uba74 \uacc4\uc808 \uc870\uc815 \ube44\ub18d\uc5c5 \uace0\uc6a9\uc740 12\uc6d4\uc5d0 50,000 \uc99d\uac00\uc5d0 \uadf8\ucce4\uc73c\uba70(\uc608\uc0c1\uce58 60,000 \uc544\ub798, \uc774\uc804 \uac12\uc740 56,000\uc73c\ub85c \uc218\uc815\ub428) \uc2e4\uc5c5\ub960\uc740 \uc608\uc0c1\ubcf4\ub2e4 \uc57d\uac04 \ub0ae\uc740 4.4%\uc600\uc2b5\ub2c8\ub2e4. \uc5c5\uc885\ubcc4\ub85c\ub294 \uc694\uc2dd\uc5c5\uacfc \ud5ec\uc2a4\ucf00\uc5b4 \uc5c5\uc885\uc5d0\uc11c \uace0\uc6a9\uc774 \uacc4\uc18d \uc99d\uac00\ud55c \ubc18\uba74, \uc18c\ub9e4\uc5c5 \uace0\uc6a9\uc740 \uac10\uc18c\ud588\ub2e4. \uc784\uae08 \ubc0f \uc2dc\uac04\ubcc4\ub85c \ubcf4\uba74, \ubbfc\uac04\ubd80\ubb38 \ube44\ub18d\uc5c5 \uc885\uc0ac\uc790\uc758 \uc2dc\uac04\ub2f9 \ud3c9\uade0 \uc784\uae08\uc740 37.02\ub2ec\ub7ec\ub85c \uc804\uc6d4 \ub300\ube44 0.3% \uc0c1\uc2b9(\uc804\ub144 \ub300\ube44 3.8% \uc0c1\uc2b9)\ud55c \ubc18\uba74, \uc8fc\ub2f9 \ud3c9\uade0 \uadfc\ub85c\uc2dc\uac04\uc740 34.2\uc2dc\uac04\uc73c\ub85c \uc18c\ud3ed \uac10\uc18c\ud588\ub2e4. 10\uc6d4\uacfc 11\uc6d4 \ube44\ub18d\uc5c5 \uace0\uc6a9\uc9c0\ud45c\uac00 \ud569\uc0b0 76,000\uc73c\ub85c \ud558\ud5a5 \uc218\uc815\ub418\uc5c8\uace0, 3\uac1c\uc6d4 \uc774\ub3d9\ud3c9\uade0 \uace0\uc6a9\uc774 22,000 \uac10\uc18c\ud558\uc5ec \uc18c\ube44\uc790 \uc9c0\ucd9c\uc5d0 \ubd88\ub9ac\ud55c \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4\ub294 \uc810\uc5d0 \uc8fc\ubaa9\ud560 \ud544\uc694\uac00 \uc788\uc2b5\ub2c8\ub2e4. 1\ub144 \uc804\uccb4\ub97c \ubcf4\uba74 2025\ub144 \ube44\ub18d\uc5c5 \uace0\uc6a9\uc740 58\ub9cc4000\uba85 \uc99d\uac00\uc5d0 \uadf8\uccd0 2020\ub144 \uc774\ud6c4 \uac00\uc7a5 \uc57d\ud55c \uc99d\uac00\uc138\ub97c \ubcf4\uc774\uba70 2024\ub144 200\ub9cc \uba85\uc5d0 \ud6e8\uc52c \ubabb \ubbf8\uce60 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4.<\/p>\n

\"\uc0ac\uc9c4<\/p>\n

\ube44\ub18d\uc5c5 \uae09\uc5ec \ub370\uc774\ud130\ub294 \uc5f0\uc900\uc758 \ud1b5\ud654 \uc815\ucc45\uc5d0 \uc9c1\uc811\uc801\uc778 \uc601\ud5a5\uc744 \ubbf8\uce69\ub2c8\ub2e4. \uc5f0\uc900\uc758 \uae08\ub9ac \uc815\ucc45\uc5d0 \ub300\ud55c \ud575\uc2ec \ucc38\uc870 \uc9c0\ud45c \uc911 \ud558\ub098\uc778 \ube44\ub18d\uc5c5 \uae09\uc5ec \ub370\uc774\ud130\uc758 \uc131\uacfc\ub294 \uae08\ub9ac \uc778\ud558 \uc18d\ub3c4\uc5d0 \ub300\ud55c \uc2dc\uc7a5 \uc608\uce21\uc744 \uc9c0\uc18d\uc801\uc73c\ub85c \uc218\uc815\ud569\ub2c8\ub2e4. 2025\ub144 \ud558\ubc18\uae30 \uace0\uc6a9 \uc57d\ud654 \uc870\uc9d0\uc774 \ub098\ud0c0\ub098\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ucc4c\ub9b0\uc800 \uc77c\uc790\ub9ac \uac10\uc18c\ub294 10\uc6d4\uc5d0 \uc804\uc6d4 \ub300\ube44 183% \uae09\uc99d\ud588\uc73c\uba70(2003\ub144 \uc774\ud6c4 \ucd5c\uace0\uce58), 11\uc6d4 ADP \ub370\uc774\ud130\uc5d0 \ub530\ub974\uba74 \uccab 4\uc8fc \ub3d9\uc548 \ud3c9\uade0 \uc8fc\uac04 \uc21c \ud574\uace0\uac00 13,500\uba85\uc5d0 \ub2ec\ud588\uc2b5\ub2c8\ub2e4. \uc2dc\uc7a5\uc740 \ub2f9\ucd08 12\uc6d4 \uc5f0\uc900\uc758 \uae08\ub9ac \uc778\ud558\ub97c \uc608\uc0c1\ud588\uc9c0\ub9cc, 12\uc6d4 \ube44\ub18d\uc5c5 \uace0\uc6a9\uc9c0\ud45c\uc5d0 \ub530\ub77c \uc608\uc0c1\uc774 \ubc14\ub00c\uc5c8\uc2b5\ub2c8\ub2e4. \uc774\uc81c \uac70\ub798\uc790\ub4e4\uc740 1\uc6d4 \uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uc774 0\uc774\ub77c\uace0 \ubbff\uace0 \uc788\uc2b5\ub2c8\ub2e4. CME \ub370\uc774\ud130\uc5d0 \ub530\ub974\uba74 1\uc6d4 25bp \uae08\ub9ac \uc778\ud558 \ud655\ub960\uc740 11.6%\uc5d0\uc11c 2.8%\ub85c \uac10\uc18c\ud588\uc73c\uba70(\ubcc0\ud654\uac00 \uc5c6\uc744 \ud655\ub960\uc740 97.2%), 3\uc6d4 25bp \uae08\ub9ac \uc778\ud558 \ud655\ub960\uc740 32.3%\uc785\ub2c8\ub2e4. \uace8\ub4dc\ub9cc\uc0ad\uc2a4\uc758 \ub9b0\uc9c0 \ub85c\uc81c\ub108\ub294 \ub178\ub3d9\uc2dc\uc7a5\uc774 \ucd08\uae30 \uc548\uc815 \uc870\uc9d0\uc744 \ubcf4\uc774\uace0 \uc788\uc73c\uba70, 11\uc6d4 \uc2e4\uc5c5\ub960 \uae09\ub4f1\uc740 \uc2dc\uc2a4\ud15c\uc758 \ucde8\uc57d\uc131\uc774 \uc544\ub2cc \uac1c\uc778\uc758 \uc77c\uc790\ub9ac \uac10\uc18c\uc640 \ub370\uc774\ud130 \uc65c\uace1 \ub54c\ubb38\uc774\ub77c\uace0 \ubbff\uace0 \uc788\ub2e4. \uc5f0\uc900\uc740 \ud604 \uc0c1\ud0dc\ub97c \uc720\uc9c0\ud560 \uac00\ub2a5\uc131\uc774 \ub192\ub2e4.<\/p>\n

\ud30c\uc6d4 \ucd1d\ub9ac\ub294 \ud604\uc7ac \ucc28\uc785 \ube44\uc6a9\uc774 \uc801\uc808\ud558\ub2e4\uace0 \ub9d0\ud558\uace0 \ub178\ub3d9 \ud1b5\uacc4\uad6d \ub370\uc774\ud130\uc758 \uc815\ud655\uc131\uc5d0 \ub300\ud55c \uc6b0\ub824\ub97c \ud45c\uba85\ud558\uba74\uc11c \uae08\ub9ac \uc778\ud558\uc758 \ub192\uc740 \uae30\uc900\uc810\uc744 \uc554\uc2dc\ud588\uc2b5\ub2c8\ub2e4(\uc2e4\uc81c \uc6d4\ubcc4 \uc77c\uc790\ub9ac \uc99d\uac00\uc728\uc774 \ubcf4\uace0\ub41c \uac83\ubcf4\ub2e4 60,000\uba85 \uc801\ub2e4\uace0 \uc0dd\uac01\ud568). \uc774\ub7ec\ud55c \uc694\uc778\ub4e4\uc740 \uc5f0\uc900\uc774 \uae08\ub9ac \uc778\ud558\ub97c \uc77c\uc2dc \uc911\uc9c0\ud558\ub294 \uae30\ucd08\ub97c \ud615\uc131\ud569\ub2c8\ub2e4. \ube44\ub18d\uc5c5 \uae09\uc5ec \ub370\uc774\ud130\uc758 \uc804\uc1a1 \ud6a8\uacfc\uac00 \uae00\ub85c\ubc8c \uc790\uc0b0 \uc2dc\uc7a5\uc73c\ub85c \ube60\ub974\uac8c \ud655\uc0b0\ub418\uc5c8\uc2b5\ub2c8\ub2e4. \uc5ed\uc0ac\uc801\uc73c\ub85c \uae0d\uc815\uc801\uc778 \ube44\ub18d\uc5c5 \uae09\uc5ec \ub370\uc774\ud130\ub294 \uc77c\ubc18\uc801\uc73c\ub85c \ubbf8\uad6d \ub2ec\ub7ec\uc5d0 \uc774\uc775\uc744 \uc8fc\uace0, \uadc0\uae08\uc18d\uc744 \uc57d\ud654\uc2dc\ud0a4\uba70, \ubbf8\uad6d \uc21c\ud658 \uc8fc\uc2dd\uc744 \uc0c1\uc2b9\uc2dc\ud0b5\ub2c8\ub2e4. \ubc18\uba74\uc5d0 \uc57d\ud55c \ub370\uc774\ud130\ub294 \ub2ec\ub7ec\ub97c \uc57d\ud654\uc2dc\ud0a4\uace0 \uc548\uc804\ud55c \ud53c\ub09c\ucc98\uc778 \uae08\uacfc \uc740\uc5d0 \ub300\ud55c \uc218\uc694\ub97c \uc99d\uac00\uc2dc\ud0a4\uba70 \ubbf8\uad6d \uc2dc\uc7a5\uc758 \uc131\uc7a5\uc8fc\uc5d0 \uc720\ub9ac\ud558\uac8c \uc791\uc6a9\ud569\ub2c8\ub2e4. 2025\ub144 12\uc6d4 \ube44\ub18d\uc5c5 \uae09\uc5ec \ub370\uc774\ud130\uac00 \uc57d\ud558\uace0 \uc9c0\uc815\ud559\uc801 \uc704\ud5d8\uc774 \ub192\uc544\uc9c0\uba74\uc11c \uae00\ub85c\ubc8c \uadc0\uae08\uc18d \uc2dc\uc7a5\uc740 \uc624\ub298\ub0a0 \uc0c1\ub2f9\ud55c \ubcc0\ub3d9\uc131\uc744 \uacbd\ud5d8\ud588\uc73c\uba70 \ube44\ub18d\uc5c5 \uae09\uc5ec \ub370\uc774\ud130 \uc804\ub2ec \ud6a8\uacfc\uc758 \ud575\uc2ec \ud45c\ud604\uc774 \ub418\uc5c8\uc2b5\ub2c8\ub2e4. \uad6d\uc81c \ud604\ubb3c \uae08\uc740 \ucc98\uc74c\uc73c\ub85c 4,600\ub2ec\ub7ec\ub97c \ub3cc\ud30c\ud588\uc73c\uba70 \uc7a5\uc911 \uc0c1\uc2b9\ub960\uc774 \ud55c \uc9c0\uc810\uc5d0\uc11c 2%\ub85c \ud655\ub300\ub418\uc5b4 \uc628\uc2a4\ub2f9 \ucd5c\uace0 4,612\ub2ec\ub7ec\uc5d0 \ub3c4\ub2ec\ud588\ub2e4\uac00 \ub2e4\uc2dc \ud558\ub77d\uc138\ub85c \ub3cc\uc544\uc130\uc2b5\ub2c8\ub2e4. \uc774 \uae00\uc744 \uc4f0\ub294 \uc2dc\uc810\uc5d0 \uc628\uc2a4\ub2f9 $4,580.38\uc774\uba70, 2026\ub144 \ucd08 \uc774\ud6c4 \ub204\uc801 \uc99d\uac00\uc728\uc740 6% \uc774\uc0c1\uc785\ub2c8\ub2e4. \ud604\ubb3c \uc740\uc740 \uac70\uc758 5% \uc0c1\uc2b9\ud558\uc5ec $84\ub97c \ub3cc\ud30c\ud558\uace0 \uacc4\uc18d\ud574\uc11c \uc0c8\ub85c\uc6b4 \uc5ed\uc0ac\uc801 \ucd5c\uace0\uce58\ub97c \uacbd\uc2e0\ud588\uc73c\uba70, COMEX \uc740\ub3c4 5% \uc774\uc0c1 \uae09\ub4f1\ud558\uc5ec \uc628\uc2a4\ub2f9 $84\uc5d0 \uc811\uadfc\ud588\uc2b5\ub2c8\ub2e4.<\/p>\n

\"IMG_257\"<\/p>\n

\ubbf8\uad6d \uad6d\ucc44\uc2dc\uc7a5\uc5d0\uc11c\ub294 10\ub144\ub9cc\uae30 \ubbf8\uad6d \uad6d\ucc44 \uc218\uc775\ub960\uc774 4.177% \uc548\ud30e\uc744 \uc720\uc9c0\ud558\uace0 \uc788\ub294 \ubc18\uba74, 30\ub144 \ub9cc\uae30 \ucd08\uc7a5\uae30 \uad6d\ucc44 \uc218\uc775\ub960\uc740 4.84%\ub85c \ube44\uad50\uc801 \ub192\uc740 \uc218\uc900\uc744 \uc720\uc9c0\ud558\uba70 \ucd5c\uadfc \uc870\uc815\uc138\ub97c \uc774\uc5b4\uac00\uace0 \uc788\ub2e4. \uc774\ub294 \ube44\ub18d\uc5c5 \uace0\uc6a9\uc9c0\ud45c \ubd80\uc9c4\uacfc \uae08\ub9ac\uc778\ud558 \uae30\ub300\uac10\uc774 \ub9de\ubb3c\ub9ac\uba70 \uc2dc\uc7a5\uc774 \uc2e0\uc911\ud55c \ud0dc\ub3c4\ub97c \ubcf4\uc774\ub294 \uac83\uc744 \ubc18\uc601\ud55c \uac83\uc774\ub2e4. 12\uc6d4 \ube44\ub18d\uc5c5 \uace0\uc6a9\uc9c0\ud45c\uac00 \uacbd\uc81c \ud68c\ubcf5\ub825\uc5d0 \ub300\ud55c \uae30\ub300\ub97c \uc57d\ud654\uc2dc\ucf30\uc74c\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \uc9c0\uc815\ud559\uc801 \ub9ac\uc2a4\ud06c\uc640 \uc7a5\uae30 \uc7ac\uc815 \uc6b0\ub824\uac00 \uacc4\uc18d\ud574\uc11c \uc7a5\uae30 \uae08\ub9ac\ub97c \ub4b7\ubc1b\uce68\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ubbf8\uad6d \uc8fc\uc2dd\uc758 \uacbd\uc6b0, \ud6c4\uc18d \ube44\ub18d\uc5c5 \uace0\uc6a9 \uc9c0\ud45c\uac00 \uacc4\uc18d\ud574\uc11c \ub178\ub3d9 \uc2dc\uc7a5\uc758 \ucde8\uc57d\uc131\uc744 \ud655\uc778\ud55c\ub2e4\uba74 \uc5f0\uc900\uc758 \uae08\ub9ac \uc778\ud558\uc5d0 \ub300\ud55c \uc2dc\uc7a5 \uae30\ub300\uac00 \ub2e4\uc2dc \ubd88\ubd99\uc744 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub294 \ub098\uc2a4\ub2e5\uacfc \uac19\uc740 \uc131\uc7a5\uc8fc\uc5d0 \ub300\ud55c \uc0c8\ub85c\uc6b4 \uc9c0\uc9c0\ub97c \uc81c\uacf5\ud560 \uc218 \uc788\ub294 \ubc18\uba74, \ub2e4\uc6b0\uc874\uc2a4\uc640 \uac19\uc740 \uacbd\uae30 \uc21c\ud658\uc8fc\uc758 \uc131\uacfc\ub294 \uacbd\uc81c \uc131\uc7a5 \ub370\uc774\ud130\ub97c \uae30\ubc18\uc73c\ub85c \ud55c \ucd94\uac00 \uac80\uc99d\uc774 \ud544\uc694\ud560 \uac83\uc785\ub2c8\ub2e4. \ub610\ud55c \uac19\uc740 \uae30\uac04 \ubbf8\uad6d \ub2ec\ub7ec\uc9c0\uc218\ub294 1.2% \ud558\ub77d\ud574 \uadc0\uae08\uc18d \uac00\uaca9\uacfc \uc804\ud615\uc801\uc778 \uc74c\uc758 \uc0c1\uad00\uad00\uacc4\ub97c \ubcf4\uc600\ub2e4. \ud6c4\uc18d \ube44\ub18d\uc5c5 \uace0\uc6a9 \ub370\uc774\ud130\uac00 \ub354\uc6b1 \uc57d\ud55c \uc2e0\ud638\ub97c \ubc29\ucd9c\ud55c\ub2e4\uba74 \ubbf8\uad6d \ub2ec\ub7ec\uc758 \uc57d\uc138 \ucd94\uc138\ub294 \ub354\uc6b1 \uac15\ud654\ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n

\ube44\ub18d\uc5c5 \uae09\uc5ec \ub370\uc774\ud130\ub97c \ud574\uc11d\ud558\ub824\uba74 \ub2e8\uc77c \uc9c0\ud45c\ub97c \uae30\ubc18\uc73c\ub85c \ud55c \uc798\ubabb\ub41c \ud310\ub2e8\uc744 \ud53c\ud558\uace0 \ub370\uc774\ud130 \ud488\uc9c8\uacfc \ud6c4\uc18d \uac80\uc99d\uc744 \ubaa8\ub450 \uace0\ub824\ud574\uc57c \ud55c\ub2e4\ub294 \uc810\uc740 \uc8fc\ubaa9\ud560 \uac00\uce58\uac00 \uc788\uc2b5\ub2c8\ub2e4. \ud55c\ud3b8\uc73c\ub85c\ub294 \uc0c8\ub85c\uc6b4 \uc77c\uc790\ub9ac\uac00 \uc2dc\uac04\uc81c \ubd80\ubb38\uc5d0 \uc9d1\uc911\ub418\uc5b4 \uc788\ub294\uc9c0, \uc544\ub2c8\uba74 \uc800\uc784\uae08 \ubd80\ubb38\uc5d0 \uc9d1\uc911\ub418\uc5b4 \uc788\ub294\uc9c0\ub97c \uace0\ub824\ud558\ub294 \uac83\uc774 \uc911\uc694\ud569\ub2c8\ub2e4. \uadf8\ub807\ub2e4\uba74 \uc2e4\uc81c \uace0\uc6a9\uc758 \uc9c8\uc740 \ud45c\uba74\uc801 \ub370\uc774\ud130\uac00 \uc81c\uc2dc\ud558\ub294 \uac83\ubcf4\ub2e4 \ub354 \ub0ae\uc744 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub178\ub3d9\uc2dc\uc7a5 \ucc38\uc5ec\uc728\uc758 \ubcc0\ud654\ub3c4 \uc911\uc694\ud558\ub2e4. 2025\ub144 9\uc6d4\uc5d0\ub294 \uacbd\uc81c\ud65c\ub3d9\ucc38\uac00\uc728 \ud558\ub77d\uc774 \uc2e4\uc5c5\ub960\uc758 '\uac70\uc9d3 \uac10\uc18c'\ub85c \uc774\uc5b4\uc838 \uc8fc\uc758\uac00 \ud544\uc694\ud55c \uc0c1\ud669\uc774\ub2e4. 2025\ub144 12\uc6d4 \uae30\uc900 \uc790\ub8cc\uc5d0 \ub530\ub974\uba74 \uc57d 530\ub9cc\uba85\uc774 \uacbd\uc81c\uc801 \uc774\uc720(\uc804\ub144 \ub300\ube44 98\ub9cc\uba85 \uc99d\uac00)\ub85c \uc2dc\uac04\uc81c \uadfc\ubb34\ub97c \ud558\uace0 \uc788\uc73c\uba70, \ub300\ubd80\ubd84 \uadfc\ub85c\uc2dc\uac04 \ub2e8\ucd95\uc774\ub098 \uc815\uaddc\uc9c1 \uad6c\uc9c1 \ubd88\uac00\ub2a5\uc73c\ub85c \uc778\ud574 \uac15\uc81c\ub85c \uc2dc\uac04\uc81c \uadfc\ubb34\ub97c \ud558\uac8c \ub418\uc5b4 \uace0\uc6a9\uc758 \uc9c8\uc5d0 \ub300\ud55c \uc6b0\ub824\uac00 \ubc18\uc601\ub410\ub2e4. \ud55c\ud3b8, \ud6c4\uc18d \uacbd\uc81c \ub370\uc774\ud130\uc640\uc758 \uad50\ucc28\uac80\uc99d\ub3c4 \ud544\uc694\ud558\ub2e4. \ube44\ub18d\uc5c5 \uae09\uc5ec \ub370\uc774\ud130\uac00 \ub2e4\ub978 \uc9c0\ud45c\uc640 \ub2e4\ub974\ub2e4\uba74 \uc774\ub294 \uad6c\uc870\uc801 \uacbd\uc81c\uc801 \ubaa8\uc21c\uc744 \ubc18\uc601\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub7ec\ud55c \uacbd\uc6b0 \uc2dc\uc7a5\uc740 \ucd94\uc138\ub97c \ud655\uc778\ud558\uace0 \uc815\ucc45 \ubc29\ud5a5\uc5d0 \ub300\ud55c \uc131\uae09\ud55c \ubca0\ud305\uc744 \ud53c\ud558\uae30 \uc704\ud574 \ub354 \ub9ce\uc740 \ub370\uc774\ud130\ub97c \uae30\ub2e4\ub824\uc57c \ud569\ub2c8\ub2e4.<\/p>\n

\"\uc0ac\uc9c4<\/p>\n

2025\ub144 \ud558\ubc18\uae30 \uc218\uae09 \uad6c\uc870\uc870\uc815\ubd80\ud130 \uc5f0\ub9d0 \ub370\uc774\ud130 \ubc1c\ud45c\uae4c\uc9c0 \ubbf8\uad6d \ube44\ub18d\uc5c5 \uae09\uc5ec \ub370\uc774\ud130\ub294 \uacbd\uc81c \uc9c0\ud45c\ub85c\uc11c \uc9c0\uc18d\uc801\uc73c\ub85c \uc911\uc2ec \uc5ed\ud560\uc744 \ud574\uc654\uc2b5\ub2c8\ub2e4. \uc774\ub294 \ubbf8\uad6d \uacbd\uc81c\uc758 '\uc5f0\ucc29\ub959' \uc9c4\ud589 \uc0c1\ud669\uc744 \ud310\ub2e8\ud558\ub294 \uc8fc\uc694 \ubca4\uce58\ub9c8\ud06c\uc77c \ubfd0\ub9cc \uc544\ub2c8\ub77c \uc5f0\uc900\uc758 \uc815\ucc45 \uae30\ub3d9\uc744 \uc704\ud55c \ud575\uc2ec \uae30\uc900\uc774\uc790 \uae00\ub85c\ubc8c \uc790\uc0b0 \uac00\uaca9 \ubcc0\ub3d9\uc758 \uc911\uc694\ud55c \ub3d9\uc778\uc774\uae30\ub3c4 \ud569\ub2c8\ub2e4. \ub2e4\uc74c \uc8fc\uc5d0 \ubc1c\ud45c\ub420 \ubbf8\uad6d 12\uc6d4 CPI \ub370\uc774\ud130\uac00 \ub9e4\uc6b0 \uc911\uc694\ud569\ub2c8\ub2e4. CPI\uac00 \ubc18\ub4f1\ud558\uac70\ub098 \uc608\uc0c1\ubcf4\ub2e4 \ud06c\uac8c \ub5a8\uc5b4\uc9c0\uc9c0 \uc54a\uc73c\uba74 1\uc6d4 \uae08\ub9ac \uc778\ud558\ub294 \ucde8\uc18c\ub420 \uac83\uc774 \ud655\uc2e4\ud569\ub2c8\ub2e4. \uacbd\uc81c \ubcc0\ud654\uc640 \uc815\ucc45 \uc870\uc815\uc774 \uc911\uc694\ud55c \uc774 \uc2dc\uae30\uc5d0\ub294 \ub370\uc774\ud130 \uc138\ubd80 \uc0ac\ud56d, \ud1b5\uacc4\uc801 \uc138\ubd80 \uc0ac\ud56d \ubc0f \ud6c4\uc18d \uac80\uc99d \uc9c0\ud45c\ub97c \uc885\ud569\uc801\uc73c\ub85c \uace0\ub824\ud574\uc57c\ub9cc \uacbd\uc81c \ub3d9\ud5a5\uacfc \uc2dc\uc7a5 \ub3d9\ud5a5\uc744 \ubcf4\ub2e4 \uc815\ud655\ud558\uac8c \ud30c\uc545\ud558\uace0 \ud575\uc2ec \ub370\uc774\ud130\uc758 \ub2e4\uc591\ud55c \uc601\ud5a5\uc5d0 \ub300\uc751\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>","protected":false},"excerpt":{"rendered":"

\ubbf8\uad6d \ube44\ub18d\uc5c5 \uae09\uc5ec \ub370\uc774\ud130\ub294 2025\ub144 \ub9d0 \uc5f0\uc900\uc758 \uae08\ub9ac \uc778\ud558 \uae30\ub300\uce58\ub97c \uc7ac\uc870\uc815\ud558\uc5ec USD, \uae08, \uc740, \uad6d\ucc44 \ubc0f \uae00\ub85c\ubc8c \uc704\ud5d8 \uc790\uc0b0 \uc804\ubc18\uc5d0 \uac78\uccd0 \ubcc0\ub3d9\uc131\uc744 \uc8fc\ub3c4\ud588\uc2b5\ub2c8\ub2e4.<\/p>","protected":false},"author":1,"featured_media":9005,"comment_status":"closed","ping_status":"closed","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":[115],"tags":[512,514,513],"class_list":["post-9004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-news","tag-december-nfp-data","tag-federal-reserve-rate-outlook","tag-us-non-farm-payroll"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mdwcc.com\/ko\/wp-json\/wp\/v2\/posts\/9004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mdwcc.com\/ko\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mdwcc.com\/ko\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/ko\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/ko\/wp-json\/wp\/v2\/comments?post=9004"}],"version-history":[{"count":1,"href":"https:\/\/www.mdwcc.com\/ko\/wp-json\/wp\/v2\/posts\/9004\/revisions"}],"predecessor-version":[{"id":9010,"href":"https:\/\/www.mdwcc.com\/ko\/wp-json\/wp\/v2\/posts\/9004\/revisions\/9010"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/ko\/wp-json\/wp\/v2\/media\/9005"}],"wp:attachment":[{"href":"https:\/\/www.mdwcc.com\/ko\/wp-json\/wp\/v2\/media?parent=9004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mdwcc.com\/ko\/wp-json\/wp\/v2\/categories?post=9004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mdwcc.com\/ko\/wp-json\/wp\/v2\/tags?post=9004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}