{"id":15260,"date":"2021-01-04T03:13:54","date_gmt":"2021-01-03T18:13:54","guid":{"rendered":"http:\/\/hyunsik.me\/wordpress\/?p=15260"},"modified":"2021-01-04T06:31:54","modified_gmt":"2021-01-03T21:31:54","slug":"%ea%b2%bd%ec%a0%9c-%ec%9a%a9%ec%96%b4-%ec%97%b0%eb%b0%a9%ec%a4%80%eb%b9%84%ec%a0%9c%eb%8f%84%ec%97%b0%ec%a4%80-fed-frs-%ec%97%b0%ec%a4%80-%ec%9d%b4%ec%82%ac%ed%9a%8cfrb-%ec%97%b0%eb%b0%a9","status":"publish","type":"post","link":"http:\/\/hyunsik.me\/wordpress\/?p=15260","title":{"rendered":"[\uacbd\uc81c \uc6a9\uc5b4] \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(\uc5f0\uc900, FED, FRS) \/ \uc5f0\uc900 \uc774\uc0ac\ud68c(FRB) \/ \uc5f0\ubc29\uacf5\uac1c\uc2dc\uc7a5\uc704\uc6d0\ud68c(FOMC)"},"content":{"rendered":"<p>[mqe][\/mqe]<\/p>\n<p><img src=\"http:\/\/hyunsik.me\/wordpress\/wp-content\/uploads\/2021\/01\/fed-1024x324.png\" alt=\"\" width=\"580\" \/><\/p>\n<p><span style=\"color: #ff0000; font-size: 15pt;\">[1] \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(\uc5f0\uc900, FED, FRS)<\/span><\/p>\n<p>&#8216;Federal Reserve'(the Fed), &#8216;Federal Reserve Bank(FRB)&#8217;, &#8216;Federal Reserve System(FRS)&#8217;\ub294 \ubaa8\ub450 \ubbf8\uad6d \uc911\uc559\uc740\ud589\uc744 \ub73b\ud558\uba70, \uc6b0\ub9ac\ub098\ub77c\uc5d0\uc11c\ub294 &#8216;<span style=\"color: #0000ff;\">\uc5f0\ubc29\uc900\ube44\uc81c\ub3c4<\/span>&#8216;, &#8216;<span style=\"color: #0000ff;\">\uc5f0\uc900<\/span>&#8216;\uc774\ub77c\uace0 \ubd80\ub978\ub2e4. \uacf5\uc2dd\uc801\uc73c\ub85c &#8216;<span style=\"color: #0000ff;\">the Fed<\/span>&#8216;\ub97c \uc57d\uc5b4\ub85c \uc0ac\uc6a9\ud560 \uac83\uc744 \uad8c\uace0\ud55c \ubc14 \uc788\ub2e4.<\/p>\n<ul>\n<li>\uc6b0\ub9ac\ub098\ub77c\uc5d0\uc11c\ub294 \ubcf4\ud1b5 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4, \uc5f0\uc900, <span style=\"color: #0000ff;\">FED<\/span>\ub77c\uace0 \uc0ac\uc6a9\ud558\uba70, \uacfc\uac70\uc5d0\ub294 FRB\ub77c\uace0 \ub9ce\uc774 \ubd88\ub9ac\uc6e0\ub2e4.(FRB\ub294 \uc5f0\uc900 \uc774\uc0ac\ud68c\uc640 \uacb9\uccd0\uc11c \uc0ac\uc6a9\ud558\uc9c0 \uc54a\ub294 \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4.)<\/li>\n<\/ul>\n<p>FED\ub294 \ubbf8\uad6d \uc911\uc559\uc740\ud589\uc774\ubbc0\ub85c, \ud558\ub294 \uc77c\uc740 \uc911\uc559\uc740\ud589\uc774 \ud558\ub294 \uc77c\uacfc \ub3d9\uc77c\ud558\ub2e4. \ud1b5\ud654\uc815\ucc45 \uad00\uc7a5, \uae08\uc735 \uccb4\uacc4\uc758 \uc548\uc815\uc131 \uc720\uc9c0, \uc740\ud589\/\uae08\uc735\uae30\uad00 \uac10\ub3c5\/\uaddc\uc81c \ubc0f \uae08\uc735 \uc11c\ube44\uc2a4 \uc81c\uacf5 \ub4f1\uc774 \uc788\ub2e4.<\/p>\n<p><span style=\"color: #ff0000; font-size: 15pt;\">[2] \uc5f0\ubc29\uacf5\uac1c\uc2dc\uc7a5\uc704\uc6d0\ud68c(FOMC)<\/span><\/p>\n<p><span style=\"color: #0000ff;\">FOMC<\/span>\ub294 &#8216;Federal Open Market Committee&#8217;\uc758 \uc57d\uc790\ub85c, \uc6b0\ub9ac\ub098\ub77c\uc5d0\uc11c\ub294 &#8216;<span style=\"color: #0000ff;\">\uc5f0\ubc29\uacf5\uac1c\uc2dc\uc7a5\uc704\uc6d0\ud68c<\/span>&#8216;\ub77c\uace0 \ubd80\ub978\ub2e4.<\/p>\n<ul>\n<li>\uc6b0\ub9ac\ub098\ub77c\ub85c \ube44\uc720\ud558\uc790\uba74 FED\ub294 \ud55c\uad6d\uc740\ud589, FOMC\ub294 \ud55c\uad6d\uc740\ud589\uc758 \uae08\uc735\ud1b5\ud654\uc704\uc6d0\ud68c\ub77c\uace0 \ubcfc \uc218 \uc788\ub2e4.<\/li>\n<\/ul>\n<p>\ubb34\uc5c7\ubcf4\ub2e4\ub3c4 FOMC\uc5d0\uc11c \ubbf8\uad6d\uc758 \uae30\uc900\uae08\ub9ac\ub97c \uacb0\uc815\ud55c\ub2e4.<\/p>\n<p><span style=\"color: #ff0000; font-size: 15pt;\">[3] \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(FED)\uc758 \uac04\ub7b5\ud55c \uc5ed\uc0ac\uc640 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4 \uc774\uc0ac\ud68c(FRB)<\/span><\/p>\n<p>\ubbf8\uad6d\uc758 \uc911\uc559\uc740\ud589\uc740 \ud2b9\uc774\ud558\uac8c\ub3c4 \uc5ed\uc0ac \uc18d\uc5d0 \uc5ec\ub7ec \ubc88 \uc874\uc7ac\ud588\ub2e4. \uc81c 1\ucc28 \ubbf8\uad6d\uc740\ud589\uc774 \uc788\uc5c8\ub2e4. \uc870\uc2dc \uc6cc\uc2f1\ud134 \ub300\ud1b5\ub839\uc774 \uc124\ub9bd\ud588\uace0 \ubcc4\ub2e4\ub978 \ud65c\ub3d9\uc774 \uc5c6\uc774 \ud1a0\uba38\uc2a4 \uc81c\ud37c\uc2a8 \ub300\ud1b5\ub839\uc774 \ud3d0\uc9c0\ud588\ub2e4. \uc774\ud6c4 \uc81c 2\ucc28 \ubbf8\uad6d\uc740\ud589\uc774 \uc788\uc5c8\ub2e4. \uc564\ub4dc\ub958 \uc7ad\uc2a8 \ub300\ud1b5\ub839\uc774 \uc124\ub9bd\ud588\uace0 \ub0a8\ubd81\uc804\uc7c1 \uc9c1\uc804\uc778 1958\ub144 \ud574\uc0b0\ud588\ub2e4.<\/p>\n<p>\uc624\ub298\ub0a0\uc758 FED\ub294 1913\ub144 12\uc6d4 \uc124\ub9bd\ub418\uc5c8\uc73c\uba70, \ub3c5\ud2b9\ud558\uac8c\ub3c4 \ubbfc\uac04\uc740\ud589\ub4e4\uc774 \uc8fc\uc8fc\uc778 \uc0ac\ub9bd\uc740\ud589\uc774\ub2e4. \ub54c\ubb38\uc5d0 <span style=\"color: #0000ff;\">\uc5f0\ubc29\uc900\ube44\uc81c\ub3c4\uc774\uc0ac\ud68c<\/span>(Federal Reserve Board of Governors, <span style=\"color: #0000ff;\">\uc5f0\uc900 \uc774\uc0ac\ud68c<\/span>, <span style=\"color: #0000ff;\">FRB<\/span>)\uac00 \uc874\uc7ac\ud558\uba70, \uc774\uc0ac\ud68c\ub294 \uc758\uc7a5 \uc774\ud558 7\uc778\uc73c\ub85c \uad6c\uc131\ub41c\ub2e4. \ub300\ud1b5\ub839\uc740 \uc774\uc0ac\ud68c\uc758 \uc758\uc7a5\uacfc \ubd80\uc758\uc7a5\uc744 \uc784\uba85\ud558\uba70 \uc0c1\uc6d0\uc758 \uc2b9\uc778\uc808\ucc28\ub97c \uac70\uce5c\ub2e4. FRB\ub294 8\ud68c\uc758 FOMC\ub97c \uac1c\ucd5c\ud55c\ub2e4. FOMC\uc758 \ud22c\ud45c\uad8c\uc744 \ubcf4\uc720\ud55c \uc0ac\ub78c\uc740 12\uba85\uc73c\ub85c \uc5f0\uc900 \uc774\uc0ac\uc9c4 7\uba85\uacfc \ub274\uc625 \uc5f0\ubc29\uc900\ube44\uc740\ud589 \ucd1d\uc7ac 1\uba85, \uc9c0\uc5ed \uc5f0\ubc29\uc900\ube44\uc740\ud589 \ucd1d\uc7ac 4\uba85(11\uba85\uc758 \uc9c0\uc5ed\uc774 \ud574\ub9c8\ub2e4 \ub3cc\uc544\uac00\uba70)\uc774\ub2e4.<\/p>\n<ul>\n<li>FED\uc758 \uc8fc\uc8fc\uc5d0 \ubbfc\uac04\uc740\ud589\uc774 \uc788\ub294 \ub3c5\ud2b9\ud55c \uc810 \ub54c\ubb38\uc5d0 \uc74c\ubaa8\ub860\uc774 \uc788\ub2e4. FED\uc758 \uc8fc\uc8fc\ub294 JP\ubaa8\uac74\uccb4\uc774\uc2a4, \uc528\ud2f0\ubc45\ud06c, \ubc45\ud06c\uc624\ube0c\uc544\uba54\ub9ac\uce74, \uc6f0\uc2a4\ud30c\uace0 \ub4f1\uc774\ub2e4.<\/li>\n<li>\ubbf8\uad6d \uac01\uc9c0\uc5d0 \uc5f0\ubc29\uc900\ube44\uc740\ud589(Federal Reserve Banks) 12\uac1c \uc9c0\uc810\uc774 \uc788\ub2e4. (\ub274\uc625, \ubcf4\uc2a4\ud134, \ud544\ub77c\ub378\ud53c\uc544, \uc2dc\uce74\uace0, \uc0cc\ud504\ub780\uc2dc\uc2a4\ucf54, \uc560\ud2c0\ub79c\ud0c0, \uc138\uc778\ud2b8\ub8e8\uc774\uc2a4, \ub308\ub7ec\uc2a4, \ud074\ub9ac\ube14\ub79c\ub4dc, \ub9ac\uce58\uba3c\ub4dc, \ubbf8\ub2c8\uc560\ud3f4\ub9ac\uc2a4, \uce94\uc790\uc2a4\uc2dc\ud2f0)<\/li>\n<li>FRB \uc758\uc7a5\uc774 FOMC \uc704\uc6d0\ud68c\uc7a5\uc774 \ub418\uba70, \ub274\uc625 \uc5f0\ubc29\uc900\ube44\uc740\ud589 \ucd1d\uc7ac\uac00 FOMC \ubd80\uc704\uc6d0\uc7a5\uc744 \ub9e1\ub294\ub2e4.<\/li>\n<li>\uc55e\uc73c\ub85c \ub354 \ub9ce\uc740 \uc9c0\uc5ed\uc5d0 \uc9c0\uc5ed \uc5f0\ubc29\uc900\ube44\uc740\ud589\uc774 \ucd94\uac00\ub420 \uac00\ub2a5\uc131\uc774 \ub192\ub2e4.<\/li>\n<\/ul>\n<p>\ub2e4\ub978 \ub098\ub77c\uc640 \ub9c8\ucc2c\uac00\uc9c0\ub85c \uc911\uc694\ud55c \uac1c\ub150\uc740 FRB\ub294 \ubbf8\uad6d \uc5f0\ubc29 \uc7ac\ubb34\ubd80\ub85c\ubd80\ud130 \ub3c5\ub9bd\ub418\uc5b4 \uc788\ub2e4\ub294 \uac83\uc774\ub2e4. \uc989, FED\ub294 \ubbf8\uad6d \uc815\ubd80\ub85c\ubd80\ud130 \ub3c5\ub9bd\ub418\uc5b4 \uc788\ub2e4. \ub54c\ubb38\uc5d0 \uc624\ub298\ub0a0, \ubbf8\uad6d \uc5f0\uc900 \uc774\uc0ac\ud68c\uc758 \uc758\uc7a5\uc740 \uc138\uacc4 \uacbd\uc81c \ub300\ud1b5\ub839\uc73c\ub85c \ubd88\ub9b4 \uc815\ub3c4\ub85c \uac15\ub825\ud55c \uc601\ud5a5\ub825\uc744 \uac00\uc9c0\uace0 \uc788\ub2e4.<\/p>\n<ul>\n<li>\ubbf8\uad6d\uc758 \uae30\uc900\uae08\ub9ac\ub294 \uc804\uc138\uacc4\uc5d0 \ud070 \uc601\ud5a5\ub825\uc744 \uac16\ub294\ub2e4. 1\ub144\uc5d0 8\ubc88 \uc5f4\ub9ac\ub294 FOMC\uc758 \uacb0\uacfc\uc5d0 \ub530\ub77c \ubbf8\uad6d\uc758 \uae30\uc900\uae08\ub9ac\uac00 \ubcc0\uacbd\ub41c\ub2e4. FOMC\ub97c \uc8fc\uad00\ud558\ub294 \uac83\uc740 \uc5f0\uc900 \uc774\uc0ac\ud68c\uc758 \uc758\uc7a5\uc774\ub2e4.<\/li>\n<li>\ub2e8, \uc704\uc5d0\uc11c \ub9d0\ud588\ub4ef\uc774 FRB\uc758 \uc758\uc7a5\uacfc \ubd80\uc758\uc7a5\uc740 \ub300\ud1b5\ub839\uc774 \uc784\uba85\ud55c\ub2e4.<\/li>\n<\/ul>\n<p>2021\ub144 1\uc6d4 \ud604\uc7ac FRB \uc758\uc7a5\uc740 \uc81c\ub86c \ud30c\uc6d4(Jerome Powell)\uc774\ub2e4. \uc5ed\ub300 FRB \uc758\uc7a5\uc740 \ucc30\uc2a4 \ud584\ub9b0, \uc6d4\ub9ac\uc5c4 \ud558\ub529, \ub2e4\ub2c8\uc5d8 \ud06c\ub9ac\uc2f1\uac70, \ub85c\uc774 \uc601, \uc720\uc9c4 \uba54\uc774\uc5b4, \uc720\uc9c4 \ube14\ub799, \ub9e4\ub9ac\ub108 \uc5d0\ud074\uc2a4, \ud1a0\ub9c8\uc2a4 \ub9e5\ucf00\uc774\ube0c, \uc70c\ub9ac\uc5c4 \ub9c8\ud2f4, \uc544\uc11c \ubc88\uc2a4, \ud3f4 \ubcfc\ucee4, \uc568\ub7f0 \uadf8\ub9ac\uc2a4\ud380, \ubca4 \ubc84\ub0c9\ud0a4, \uc7ac\ub2db \uc610\ub7f0\uc774\ub2e4. \uacbd\uc81c\uc5d0 \uad00\uc2ec\uc774 \ub9ce\uc558\ub2e4\uba74, \uc544\ub294 \uc774\ub984\uc774 \uaf64 \ub9ce\uc774 \ub4f1\uc7a5\ud558\ub294 \uac83\uc744 \uc54c \uc218 \uc788\ub2e4. \uc804\uc138\uacc4\uc758 \ub274\uc2a4\uc5d0 \ub9ce\uc774 \ub4f1\uc7a5\ud558\uba70 \uc720\uba85\ud558\ub2e4. FRB \uc758\uc7a5\uc5d0 \ub300\ud574 \ud2b9\ud788 <span style=\"color: #0000ff;\">\ub9e4\ud30c<\/span>(hawkish, \uac15\uacbd\ud30c, hard-liner), <span style=\"color: #0000ff;\">\ube44\ub458\uae30\ud30c<\/span>(dovish, \uc628\uac74\ud30c, soft-liner)\ub77c\ub294 \ud45c\ud604\uc744 \ub9ce\uc774 \uc0ac\uc6a9\ud55c\ub2e4. \uc77c\ubc18\uc801\uc73c\ub85c \ub9e4\ud30c\ub294 \uae30\uc900\uae08\ub9ac \uc778\uc0c1\uc744 \uc8fc\uc7a5\ud558\uace0 \ube44\ub458\uae30\ud30c\ub294 \uae30\uc900\uae08\ub9ac \uc778\ud558\ub97c \uc8fc\uc7a5\ud55c\ub2e4.<\/p>\n<ul>\n<li>\uc5ed\ub300 FRB \uc758\uc7a5 : <a href=\"https:\/\/ko.wikipedia.org\/wiki\/%EC%97%B0%EB%B0%A9%EC%A4%80%EB%B9%84%EC%A0%9C%EB%8F%84_%EC%9D%B4%EC%82%AC%ED%9A%8C_%EC%9D%98%EC%9E%A5\" target=\"_blank\" rel=\"noopener noreferrer\">[\ub098\ubb34\uc704\ud0a4\uc5d0\uc11c \ubcf4\uae30]<\/a><\/li>\n<\/ul>\n<p><img src=\"http:\/\/hyunsik.me\/wordpress\/wp-content\/uploads\/2021\/01\/20210104_033626-1024x662.png\" alt=\"\" width=\"580\" \/><\/p>\n<p style=\"text-align: right;\">\u203b \uc774\ubbf8\uc9c0 \ucd9c\ucc98 : <a href=\"https:\/\/ko.wikipedia.org\/wiki\/%EC%97%B0%EB%B0%A9%EA%B3%B5%EA%B0%9C%EC%8B%9C%EC%9E%A5%EC%9C%84%EC%9B%90%ED%9A%8C\" target=\"_blank\" rel=\"noopener noreferrer\">\uc704\ud0a4\ubc31\uacfc<\/a><\/p>\n<p>[mqe][\/mqe]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[mqe][\/mqe] [1] \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(\uc5f0\uc900, FED, FRS) &#8216;Federal Reserve'(the Fed), &#8216;Federal Reserve Bank(FRB)&#8217;, &#8216;Federal Reserve System(FRS)&#8217;\ub294 \ubaa8\ub450 \ubbf8\uad6d \uc911\uc559\uc740\ud589\uc744 \ub73b\ud558\uba70, \uc6b0\ub9ac\ub098\ub77c\uc5d0\uc11c\ub294 &#8216;\uc5f0\ubc29\uc900\ube44\uc81c\ub3c4&#8216;, &#8216;\uc5f0\uc900&#8216;\uc774\ub77c\uace0 \ubd80\ub978\ub2e4. \uacf5\uc2dd\uc801\uc73c\ub85c &#8216;the Fed&#8216;\ub97c \uc57d\uc5b4\ub85c \uc0ac\uc6a9\ud560 \uac83\uc744 \uad8c\uace0\ud55c \ubc14 \uc788\ub2e4. \uc6b0\ub9ac\ub098\ub77c\uc5d0\uc11c\ub294 \ubcf4\ud1b5 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4, \uc5f0\uc900, FED\ub77c\uace0 \uc0ac\uc6a9\ud558\uba70, \uacfc\uac70\uc5d0\ub294 FRB\ub77c\uace0 \ub9ce\uc774 \ubd88\ub9ac\uc6e0\ub2e4.(FRB\ub294 \uc5f0\uc900 \uc774\uc0ac\ud68c\uc640 \uacb9\uccd0\uc11c \uc0ac\uc6a9\ud558\uc9c0 \uc54a\ub294 \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4.) FED\ub294 \ubbf8\uad6d \uc911\uc559\uc740\ud589\uc774\ubbc0\ub85c, \ud558\ub294 \uc77c\uc740 \uc911\uc559\uc740\ud589\uc774 \ud558\ub294 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[1907],"tags":[2489,2490,2488,1098,1898,2494,2491,2492,2493],"jetpack_featured_media_url":"","views":"","jetpack-related-posts":[],"_links":{"self":[{"href":"http:\/\/hyunsik.me\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/15260"}],"collection":[{"href":"http:\/\/hyunsik.me\/wordpress\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/hyunsik.me\/wordpress\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/hyunsik.me\/wordpress\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/hyunsik.me\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15260"}],"version-history":[{"count":13,"href":"http:\/\/hyunsik.me\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/15260\/revisions"}],"predecessor-version":[{"id":15277,"href":"http:\/\/hyunsik.me\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/15260\/revisions\/15277"}],"wp:attachment":[{"href":"http:\/\/hyunsik.me\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/hyunsik.me\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15260"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/hyunsik.me\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}