{"id":5060,"date":"2025-12-06T00:30:51","date_gmt":"2025-12-05T15:30:51","guid":{"rendered":"https:\/\/dohokin.com\/?p=5060"},"modified":"2025-12-06T00:30:51","modified_gmt":"2025-12-05T15:30:51","slug":"pce%ea%b0%9c%ec%9d%b8%ec%86%8c%eb%b9%84%ec%a7%80%ec%b6%9c%eb%9e%80-%eb%ac%b4%ec%97%87%ec%9d%b8%ea%b0%80","status":"publish","type":"post","link":"https:\/\/dohokin.com\/?p=5060","title":{"rendered":"PCE(\uac1c\uc778\uc18c\ube44\uc9c0\ucd9c)\ub780 \ubb34\uc5c7\uc778\uac00?"},"content":{"rendered":"

PCE\ub780 \ubb34\uc5c7\uc778\uac00?<\/h1>\n

PCE(\uac1c\uc778 \uc18c\ube44 \uc9c0\ucd9c, Personal Consumption Expenditures)\ub780 \uac00\uacc4\uac00 \uc77c\uc815 \uae30\uac04 \ub3d9\uc548 \uc18c\ube44\ud55c \uc7ac\ud654\uc640 \uc11c\ube44\uc2a4\uc758 \ucd1d\ud569\uc744 \uce21\uc815\ud558\ub294 \uacbd\uc81c \uc9c0\ud45c\uc785\ub2c8\ub2e4. \ubbf8\uad6d\uc758 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Federal Reserve)\uac00 \ud1b5\ud654 \uc815\ucc45 \uacb0\uc815\uc744 \ub0b4\ub9ac\ub294 \ub370 \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ud558\uba70, \ubb3c\uac00 \uc0c1\uc2b9\ub960\uc744 \uce21\uc815\ud558\ub294 \uc8fc\uc694\ud55c \ubc29\ubc95 \uc911 \ud558\ub098\ub85c \uc0ac\uc6a9\ub429\ub2c8\ub2e4.PCE\ub294 \uc18c\ube44\uc790 \ubb3c\uac00 \uc9c0\uc218(CPI)\uc640 \uc720\uc0ac\ud558\uc9c0\ub9cc, \ub450 \uc9c0\ud45c \uc0ac\uc774\uc5d0\ub294 \uba87 \uac00\uc9c0 \ucc28\uc774\uc810\uc774 \uc788\uc2b5\ub2c8\ub2e4. PCE\ub294 \uc18c\ube44\uc790 \uc9c0\ucd9c \ud328\ud134\uc758 \ubcc0\ud654\uc5d0 \ub354 \ubbfc\uac10\ud558\uac8c \ubc18\uc751\ud558\uba70, \uc5ec\ub7ec \uc870\uc0ac \ubc29\ubc95\uc744 \ud1b5\ud574 \ub354 \ub113\uc740 \ubc94\uc704\uc758 \uc18c\ube44 \ub370\uc774\ud130\ub97c \ud3ec\ud568\ud569\ub2c8\ub2e4. \ub530\ub77c\uc11c PCE\ub294 \ubbf8\uad6d \uacbd\uc81c\uc758 \uac74\uac15 \uc0c1\ud0dc\ub97c \ud30c\uc545\ud558\ub294 \ub370 \uc788\uc5b4 \ubcf4\ub2e4 \ud3ec\uad04\uc801\uc774\uace0 \uc815\ud655\ud55c \uc9c0\ud45c\ub85c \uc5ec\uaca8\uc9d1\ub2c8\ub2e4.\ubbf8\uad6d\uc5d0\uc11c PCE\ub294 \ub9e4\ub2ec \uacbd\uc81c \ubd84\uc11d\uad6d(Bureau of Economic Analysis, BEA)\uc5d0 \uc758\ud574 \ubc1c\ud45c\ub418\uba70, \uacbd\uc81c \uc131\uc7a5, \uc778\ud50c\ub808\uc774\uc158 \ubc0f \uc815\ucc45 \uacb0\uc815\uc5d0 \uc911\uc694\ud55c \ucc38\uace0 \uc790\ub8cc\uac00 \ub429\ub2c8\ub2e4. \ub610\ud55c, \uc911\uc559\uc740\ud589\uc740 PCE \uc9c0\ud45c\ub97c \ud1b5\ud574 \uc778\ud50c\ub808\uc774\uc158 \ubaa9\ud45c\ub97c \uc124\uc815\ud558\uace0 \ud1b5\ud654 \uacf5\uae09\uc744 \uc870\uc808\ud558\ub294 \ub4f1 \uacbd\uc81c \uc548\uc815\ud654\ub97c \ub3c4\ubaa8\ud569\ub2c8\ub2e4.<\/p>\n

PCE\uc758 \uc5ed\uc0ac\uc640 \ubc1c\uc804 \uacfc\uc815<\/h1>\n

PCE(\uac00\uaca9 \uc18c\ube44\uc790 \uc9c0\uc218)\ub294 \uc18c\ube44\uc790 \ubb3c\uac00\uc758 \ubcc0\ud654\ub97c \uce21\uc815\ud558\ub294 \uacbd\uc81c \uc9c0\ud45c\ub85c, \ubbf8\uad6d\uc758 \uacbd\uc81c \ubd84\uc11d\uc5d0\uc11c \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. PCE\ub294 1959\ub144\uc5d0 \ucc98\uc74c \ub3c4\uc785\ub418\uc5b4 \uadf8 \uc774\ud6c4 \uc5ec\ub7ec \ubc88\uc758 \uac1c\uc815\uc744 \uac70\ucce4\uc2b5\ub2c8\ub2e4.\ucd08\uae30 PCE\ub294 \uc18c\ube44\uc790 \ubb3c\uac00\uc9c0\uc218(CPI)\uc5d0 \ube44\ud574 \ub354 \ub113\uc740 \ubc94\uc704\uc758 \uc18c\ube44\ub97c \ubc18\uc601\ud558\uae30 \uc704\ud574 \uc124\uacc4\ub418\uc5c8\uc2b5\ub2c8\ub2e4. PCE\ub294 \uc18c\ube44\uc790\ub4e4\uc774 \uc2e4\uc81c\ub85c \uad6c\uc785\ud558\ub294 \uc0c1\ud488\uacfc \uc11c\ube44\uc2a4 \uac00\uaca9\uc744 \uae30\ubc18\uc73c\ub85c \ud558\uc5ec, \uac00\uacc4 \uc9c0\ucd9c \ubc0f \uac1c\uc778 \uc18c\ube44\uc758 \ubcc0\ud654\ub97c \ucd94\uc801\ud569\ub2c8\ub2e4. \ud2b9\ud788, PCE\ub294 \ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed)\uc758 \ud1b5\ud654\uc815\ucc45 \uacb0\uc815\uc5d0 \uc911\uc694\ud55c \ucc38\uace0 \uc790\ub8cc\ub85c \uc0ac\uc6a9\ub418\uba70, \uc778\ud50c\ub808\uc774\uc158 \ubaa9\ud45c\ub97c \uc124\uc815\ud558\ub294 \ub370 \uae30\uc5ec\ud569\ub2c8\ub2e4.1970\ub144\ub300\uc5d0\ub294 \uc778\ud50c\ub808\uc774\uc158\uc774 \uae09\uc99d\ud568\uc5d0 \ub530\ub77c PCE\uc758 \uc911\uc694\uc131\uc774 \ub354\uc6b1 \ubd80\uac01\ub418\uc5c8\uc2b5\ub2c8\ub2e4. \uacbd\uc81c\ud559\uc790\ub4e4\uc740 PCE\uc758 \ubcc0\ud654\ub97c \ud1b5\ud574 \uacbd\uc81c \uc0c1\ud669\uc744 \ub354 \uc798 \uc774\ud574\ud560 \uc218 \uc788\uc5c8\uace0, \uc774\ub294 \uc815\ucc45 \uc785\uc548\uc790\ub4e4\uc774 \uc801\uc808\ud55c \ub300\uc751\uc744 \ud558\ub294 \ub370 \ub3c4\uc6c0\uc744 \uc8fc\uc5c8\uc2b5\ub2c8\ub2e4.2000\ub144\ub300\uc5d0 \ub4e4\uc5b4\uc11c\uba74\uc11c, PCE\ub294 \ub354 \uc815\uad50\ud55c \ubc18\uc601\uc744 \uc704\ud574 \uac00\uc911\uce58 \uc870\uc815 \ubc0f \ub370\uc774\ud130 \uc218\uc9d1 \ubc29\ubc95\uc744 \uac1c\uc120\ud558\ub294 \ub4f1\uc758 \ubcc0\ud654\uac00 \uc788\uc5c8\uc2b5\ub2c8\ub2e4. \ub610\ud55c, PCE\ub294 \uc5d0\ub108\uc9c0\uc640 \uc2dd\ub8cc\ud488\uc744 \uc81c\uc678\ud55c ‘\uadfc\uc6d0 PCE’ \uc9c0\uc218\ub3c4 \uc81c\uacf5\ud558\uc5ec \ub354 \uc548\uc815\uc801\uc778 \uc778\ud50c\ub808\uc774\uc158 \ucd94\uc138\ub97c \ud30c\uc545\ud560 \uc218 \uc788\ub3c4\ub85d \ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.\ud604\uc7ac PCE\ub294 \ubbf8\uad6d \uacbd\uc81c\uc758 \uc911\uc694\ud55c \uc9c0\ud45c\ub85c \uc790\ub9ac\uc7a1\uace0 \uc788\uc73c\uba70, \uacbd\uc81c\uc758 \uc804\ubc18\uc801\uc778 \uac74\uac15\uc744 \uce21\uc815\ud558\ub294 \ub370 \ud544\uc218\uc801\uc778 \ub3c4\uad6c\ub85c \ud65c\uc6a9\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n

PCE\uc758 \uacbd\uc81c\uc801 \uc601\ud5a5<\/h1>\n

PCE(\uac1c\uc778 \uc18c\ube44 \uc9c0\ucd9c)\ub294 \ubbf8\uad6d \uacbd\uc81c\uc5d0\uc11c \uc911\uc694\ud55c \uc9c0\ud45c\ub85c, \uc18c\ube44\uc790\ub4e4\uc774 \uc0c1\ud488\uacfc \uc11c\ube44\uc2a4\uc5d0 \uc9c0\ucd9c\ud558\ub294 \uae08\uc561\uc744 \ub098\ud0c0\ub0c5\ub2c8\ub2e4. PCE\ub294 \uc18c\ube44\uc790 \ubb3c\uac00\ub97c \ud3c9\uac00\ud558\ub294 \ub370 \uc0ac\uc6a9\ub418\uba70, \uc778\ud50c\ub808\uc774\uc158\uc758 \ud544\uc218\uc801\uc778 \uc694\uc18c\ub85c \uc791\uc6a9\ud569\ub2c8\ub2e4. \ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed)\ub294 PCE \uc9c0\uc218\ub97c \ubaa8\ub2c8\ud130\ub9c1\ud558\uc5ec \ud1b5\ud654 \uc815\ucc45\uc744 \uacb0\uc815\ud558\ub294 \ub370 \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ud569\ub2c8\ub2e4.PCE\ub294 \uc18c\ube44\uc790 \uc9c0\ucd9c\uc758 \ubcc0\ud654, \uc989 \uacbd\uc81c \uc131\uc7a5\ub960\uacfc \ubc00\uc811\ud558\uac8c \uc5f0\uacb0\ub418\uc5b4 \uc788\uc2b5\ub2c8\ub2e4. \uc18c\ube44\uc790\ub4e4\uc774 \uc9c0\ucd9c\uc744 \ub298\ub9ac\uba74 \uae30\uc5c5\uc758 \ub9e4\ucd9c\uc774 \uc99d\uac00\ud558\uace0, \uc774\ub294 \ud22c\uc790\uc640 \uace0\uc6a9 \uc99d\uac00\ub85c \uc774\uc5b4\uc838 \uacbd\uc81c \uc131\uc7a5\uc744 \ucd09\uc9c4\ud569\ub2c8\ub2e4. \ubc18\uba74, PCE\uac00 \uac10\uc18c\ud558\uba74 \uc18c\ube44 \uac10\uc18c\uac00 \ub098\ud0c0\ub098\uace0 \uc774\ub294 \uacbd\uae30 \uce68\uccb4\uc758 \uc2e0\ud638\ub85c \ud574\uc11d\ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\ub610\ud55c, PCE\ub294 \uc911\uc559\uc740\ud589\uc758 \uae08\ub9ac\uc5d0 \uc9c1\uc811\uc801\uc778 \uc601\ud5a5\uc744 \ubbf8\uce69\ub2c8\ub2e4. \uc608\ub97c \ub4e4\uc5b4, PCE \uc0c1\uc2b9\uc740 \uc778\ud50c\ub808\uc774\uc158 \uc555\ub825\uc744 \uc758\ubbf8\ud558\ubbc0\ub85c, \uc911\uc559\uc740\ud589\uc740 \uae08\ub9ac\ub97c \uc778\uc0c1\ud558\uc5ec \uacbd\uc81c\ub97c \uc548\uc815\uc2dc\ud0a4\ub824 \ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ubc18\uba74, PCE\uac00 \ub0ae\uc73c\uba74 \uae08\ub9ac\ub97c \uc778\ud558\ud558\uc5ec \uc18c\ube44\uc640 \ud22c\uc790 \ucd09\uc9c4\uc744 \ub3c4\ubaa8\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uacb0\ub860\uc801\uc73c\ub85c, PCE\ub294 \uc18c\ube44\uc790 \ud589\ub3d9\uc758 \ucc99\ub3c4\uac00 \ub418\uba70, \uacbd\uc81c \uc131\uc7a5, \uc778\ud50c\ub808\uc774\uc158, \ud1b5\ud654 \uc815\ucc45 \ubc0f \uc804\ubc18\uc801\uc778 \uacbd\uc81c \uac74\uac15\uc744 \uce21\uc815\ud558\ub294 \uc911\uc694\ud55c \uc9c0\ud45c\ub85c \uc791\uc6a9\ud569\ub2c8\ub2e4.<\/p>\n

PCE\uc640 \uac1c\uc778 \uc18c\ube44 \uc9c0\ucd9c\uc758 \uad00\uacc4\uc5d0 \ub300\ud55c \uc2ec\uce35 \ubd84\uc11d<\/h1>\n

PCE(\uac1c\uc778 \uc18c\ube44 \uc9c0\ucd9c)\ub294 \ubbf8\uad6d \uacbd\uc81c\uc5d0\uc11c \uc911\uc694\ud55c \uc9c0\ud45c\ub85c, \uac1c\uc778\uc774 \uc18c\ube44\ud558\ub294 \uc0c1\ud488 \ubc0f \uc11c\ube44\uc2a4\uc758 \ucd1d \uc9c0\ucd9c\uc744 \ub098\ud0c0\ub0c5\ub2c8\ub2e4. PCE\ub294 \ubbf8\uad6d \uacbd\uc81c\uc758 \uc18c\ube44\uc790 \ud589\ub3d9\uc744 \ubc18\uc601\ud558\uba70, \uac1c\uc778\uc758 \uc0dd\ud65c \uc218\uc900\uacfc \uc18c\ube44 \ud328\ud134\uc744 \uc774\ud574\ud558\ub294 \ub370 \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ud569\ub2c8\ub2e4. PCE\ub294 \uacbd\uc81c\uc758 \uc5ec\ub7ec \ubd84\uc57c\uc5d0 \uc601\ud5a5\uc744 \ubbf8\uce58\uba70, \ud2b9\ud788 \ubb3c\uac00 \uc0c1\uc2b9\ub960\uacfc \uad00\ub828\uc774 \uae4a\uc2b5\ub2c8\ub2e4. PCE \uac00\uaca9 \uc9c0\uc218(Core PCE Price Index)\ub294 \uc778\ud50c\ub808\uc774\uc158 \ucd94\uc138\ub97c \uce21\uc815\ud558\ub294 \ub370 \uc0ac\uc6a9\ub418\uba70, \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed)\uc758 \ud1b5\ud654\uc815\ucc45 \uacb0\uc815\uc5d0 \uc911\uc694\ud55c \uc9c0\ud45c\ub85c \ud65c\uc6a9\ub429\ub2c8\ub2e4.\uac1c\uc778 \uc18c\ube44 \uc9c0\ucd9c\uc740 PCE\uc758 \uc8fc\uc694 \uad6c\uc131 \uc694\uc18c\ub85c, \uac00\uacc4 \uc18c\ube44\uc758 \ubcc0\ud654\ub294 \uc9c1\uc811\uc801\uc73c\ub85c PCE\uc5d0 \uc601\ud5a5\uc744 \uc90d\ub2c8\ub2e4. \uc608\ub97c \ub4e4\uc5b4, \uace0\uc6a9 \uc99d\uac00\uc640 \uc784\uae08 \uc0c1\uc2b9\uc740 \uc18c\ube44\uc790 \uc2e0\ub8b0\ub3c4\ub97c \ub192\uc774\uace0, \uc774\ub294 \uacb0\uacfc\uc801\uc73c\ub85c \uc9c0\ucd9c \uc99d\uac00\ub85c \uc774\uc5b4\uc9d1\ub2c8\ub2e4. \ubc18\ub300\ub85c \uacbd\uae30 \uce68\uccb4\ub098 \uc2e4\uc5c5\ub960 \uc0c1\uc2b9\uc740 \uc18c\ube44 \uac10\uc18c\ub85c \uc774\uc5b4\uc838 PCE\uc5d0 \ubd80\uc815\uc801\uc778 \uc601\ud5a5\uc744 \ubbf8\uce60 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\ub530\ub77c\uc11c PCE\uc640 \uac1c\uc778 \uc18c\ube44 \uc9c0\ucd9c\uc740 \ubc00\uc811\ud55c \uad00\uacc4\ub97c \uc720\uc9c0\ud558\uba70, \uacbd\uc81c\uc758 \uc804\ubc18\uc801\uc778 \uac74\uac15 \uc0c1\ud0dc\uc640 \uc18c\ube44\uc790\uc758 \uad6c\ub9e4\ub825\uc744 \ubc18\uc601\ud558\ub294 \uc911\uc694\ud55c \ucc99\ub3c4\ub85c \uc790\ub9ac\uc7a1\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n

PCE \uc9c0\uc218 \uacc4\uc0b0 \ubc29\ubc95 \uc548\ub0b4<\/h1>\n

PCE(\uac1c\uc778\uc18c\ube44\uc9c0\ucd9c) \uc9c0\uc218\ub294 \ubbf8\uad6d \uacbd\uc81c\uc5d0\uc11c \uc18c\ube44\uc790 \uc9c0\ucd9c\uc758 \ubcc0\ud654\ub97c \uce21\uc815\ud558\ub294 \uc911\uc694\ud55c \uc9c0\ud45c\ub85c, \uc778\ud50c\ub808\uc774\uc158\uc744 \ud3c9\uac00\ud558\ub294 \ub370 \uc0ac\uc6a9\ub429\ub2c8\ub2e4. PCE \uc9c0\uc218\ub294 \ubbf8\uad6d \uc0c1\ubb34\ubd80 \uacbd\uc81c\ubd84\uc11d\uad6d(Bureau of Economic Analysis, BEA)\uc5d0\uc11c \uacc4\uc0b0\ud569\ub2c8\ub2e4.1. **\uc218\uc9d1 \ub370\uc774\ud130**: PCE \uc9c0\uc218\ub294 \uac00\uacc4\uc758 \uc9c0\ucd9c \ud328\ud134\uc744 \ubc18\uc601\ud558\uae30 \uc704\ud574 \ub2e4\uc591\ud55c \uc18c\ube44 \ud56d\ubaa9\uc5d0 \ub300\ud55c \uac00\uaca9 \ub370\uc774\ud130\ub97c \uc218\uc9d1\ud569\ub2c8\ub2e4. \uc5ec\uae30\uc5d0\ub294 \uc74c\uc2dd, \uc758\ubcf5, \uc8fc\uac70\ube44, \uac74\uac15 \uad00\ub9ac \ubc0f \uae30\ud0c0 \uc11c\ube44\uc2a4\uac00 \ud3ec\ud568\ub429\ub2c8\ub2e4.2. **\uc9c0\ucd9c \ud328\ud134 \ubc18\uc601**: PCE \uc9c0\uc218\ub294 \uc18c\ube44\uc790\ub4e4\uc774 \uc2e4\uc81c\ub85c \uad6c\uc785\ud558\ub294 \uc0c1\ud488\uacfc \uc11c\ube44\uc2a4\uc758 \uc18c\ube44 \ube44\uc728\uc744 \ubc18\uc601\ud569\ub2c8\ub2e4. \uc774\ub97c \ud1b5\ud574 \ubcf4\ub2e4 \ud604\uc2e4\uc801\uc778 \uc18c\ube44 \uacbd\ud5a5\uc744 \ud30c\uc545\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.3. **\ubcc0\ud654\uc728 \uacc4\uc0b0**: \ub9e4\uc6d4 \uc218\uc9d1\ub41c \uac00\uaca9 \ub370\uc774\ud130\ub294 \uacfc\uac70\uc758 \uc18c\ube44 \uc9c0\ucd9c\uacfc \ube44\uad50\ud558\uc5ec \uac00\uaca9\uc758 \ubcc0\ub3d9\ub960\uc744 \uce21\uc815\ud569\ub2c8\ub2e4. PCE \uc9c0\uc218\ub294 \uae30\uc900 \uc5f0\ub3c4\ub97c \uc124\uc815\ud558\uace0, \uadf8 \uc5f0\ub3c4\uc758 \uc9c0\uc218\ub97c 100\uc73c\ub85c \uac04\uc8fc\ud558\uc5ec \uc0c1\ub300\uc801\uc778 \ubcc0\ud654\ub97c \uacc4\uc0b0\ud569\ub2c8\ub2e4.4. **\uc9c0\uc218 \uc5c5\ub370\uc774\ud2b8**: PCE \uc9c0\uc218\ub294 \uc2dc\uac04\uc774 \uc9c0\ub0a8\uc5d0 \ub530\ub77c \uc18c\ube44 \uc2b5\uad00\uc774 \ubcc0\ud654\ud558\uace0 \uc0c8\ub85c\uc6b4 \uc0c1\ud488\uacfc \uc11c\ube44\uc2a4\uac00 \uc2dc\uc7a5\uc5d0 \ub4f1\uc7a5\ud568\uc5d0 \ub530\ub77c \uc815\uae30\uc801\uc73c\ub85c \uc5c5\ub370\uc774\ud2b8\ub429\ub2c8\ub2e4. \uc774\ub85c \uc778\ud574 PCE \uc9c0\uc218\ub294 \uacbd\uc81c \uc0c1\ud669\uc744 \ubc18\uc601\ud558\ub294 \uc720\uc5f0\ud55c \ub3c4\uad6c\ub85c \uc791\uc6a9\ud569\ub2c8\ub2e4.PCE \uc9c0\uc218\ub294 \ud2b9\ud788 \uc911\uc559\uc740\ud589\uc5d0\uc11c \ud1b5\ud654 \uc815\ucc45\uc744 \uacb0\uc815\ud558\ub294 \ub370 \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ud558\uba70, \uc18c\ube44\uc790 \uac00\uaca9 \uc9c0\uc218(CPI)\uc640 \ud568\uaed8 \uacbd\uc81c \ubd84\uc11d\uc5d0 \ub9ce\uc774 \ud65c\uc6a9\ub429\ub2c8\ub2e4.<\/p>\n

PCE\uc640 CPI\uc758 \ucc28\uc774\uc810<\/h1>\n

PCE(\uac1c\uc778 \uc18c\ube44 \uc9c0\ucd9c)\uc640 CPI(\uc18c\ube44\uc790 \ubb3c\uac00 \uc9c0\uc218)\ub294 \ubaa8\ub450 \ubb3c\uac00 \uc0c1\uc2b9\ub960\uc744 \uce21\uc815\ud558\ub294 \uc8fc\uc694 \uacbd\uc81c \uc9c0\ud45c\ub85c, \uc774\ub4e4 \uac04\uc5d0\ub294 \uc5ec\ub7ec \uac00\uc9c0 \ucc28\uc774\uac00 \uc788\uc2b5\ub2c8\ub2e4. \uccab \ubc88\uc9f8\ub85c, PCE\ub294 \uac1c\uc778 \uc18c\ube44 \uc9c0\ucd9c\uc744 \uae30\ubc18\uc73c\ub85c \ud558\uc5ec \uc18c\ube44\uc790\ub4e4\uc774 \uc2e4\uc81c\ub85c \uc9c0\ucd9c\ud558\ub294 \uae08\uc561\uc744 \ubc18\uc601\ud558\ub294 \ubc18\uba74, CPI\ub294 \uc18c\ube44\uc790\ub4e4\uc774 \uad6c\ub9e4\ud558\ub294 \ud2b9\uc815 \uc0c1\ud488\uacfc \uc11c\ube44\uc2a4\uc758 \uac00\uaca9 \ubcc0\ud654\ub97c \uce21\uc815\ud569\ub2c8\ub2e4. \ub610\ud55c, PCE\ub294 \ub354 \ud3ec\uad04\uc801\uc778 \ubc94\uc704\uc758 \ud488\ubaa9\uc744 \ud3ec\ud568\ud558\uba70, \uac00\uaca9 \ubcc0\ud654\uc5d0 \ub530\ub77c \uc18c\ube44 \ud328\ud134\uc774 \ubcc0\ud654\ud558\ub294 \uac83\uc744 \ubc18\uc601\ud558\uae30 \uc704\ud574 \uccb4\uacc4\uc801\uc73c\ub85c \uc870\uc815\ub429\ub2c8\ub2e4. \ubc18\uba74, CPI\ub294 \uace0\uc815\ub41c \ud488\ubaa9\uc758 \ubaa9\ub85d\uc744 \uc0ac\uc6a9\ud558\ubbc0\ub85c \uc2dc\uac04\uc774 \uc9c0\ub0a8\uc5d0 \ub530\ub77c \uc18c\ube44\uc790\uac00 \uc120\ud0dd\ud560 \uc218 \uc788\ub294 \ud488\ubaa9\uc774 \ubcc0\ud558\ub294 \uac83\uc744 \uc798 \ubc18\uc601\ud558\uc9c0 \ubabb\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\uc14b\uc9f8, PCE\ub294 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4\uc5d0\uc11c \uc120\ud638\ud558\ub294 \ubb3c\uac00 \uc9c0\ud45c\ub85c, \ud1b5\ud654 \uc815\ucc45 \uacb0\uc815\uc5d0 \uc788\uc5b4 CPI\ubcf4\ub2e4 \ub354 \ub9ce\uc740 \uc601\ud5a5\uc744 \ubbf8\uce58\ub294 \uacbd\uc6b0\uac00 \ub9ce\uc2b5\ub2c8\ub2e4. \uc774\ub294 PCE\uac00 \uacbd\uc81c \uc804\uccb4\uc758 \uc18c\ube44 \uc9c0\ucd9c\uc5d0 \ub300\ud55c \ubcf4\ub2e4 \ub113\uc740 \uc2dc\uac01\uc744 \uc81c\uacf5\ud558\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4. \ub530\ub77c\uc11c PCE\uc640 CPI\ub294 \ubb3c\uac00 \uc0c1\uc2b9\uc744 \uce21\uc815\ud558\ub294 \ub370 \uc788\uc5b4 \uc11c\ub85c \ubcf4\uc644\uc801\uc778 \uc5ed\ud560\uc744 \ud558\uba70, \uacbd\uc81c \ub3d9\ud5a5\uc744 \ucd1d\uccb4\uc801\uc73c\ub85c \uc774\ud574\ud558\ub294 \ub370 \uc911\uc694\ud55c \uc815\ubcf4\ub97c \uc81c\uacf5\ud569\ub2c8\ub2e4.<\/p>\n

PCE\uc758 \ud55c\uacc4\uc640 \ube44\ud310<\/h1>\n

\uac1c\uc778\uc18c\ube44\uc9c0\ucd9c(PCE)\uc740 \uacbd\uc81c \uc9c0\ud45c\ub85c\uc11c \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ud558\uc9c0\ub9cc \uc5ec\ub7ec \ud55c\uacc4\uc640 \ube44\ud310\uc774 \uc874\uc7ac\ud55c\ub2e4. \uccab\uc9f8, PCE\ub294 \uc18c\ube44\uc790\ub4e4\uc758 \uc2e4\uc81c \uc18c\ube44 \ud589\ub3d9\uc744 \uc644\ubcbd\ud558\uac8c \ubc18\uc601\ud558\uc9c0 \ubabb\ud55c\ub2e4\ub294 \uc810\uc774\ub2e4. \ub9ce\uc740 \uacbd\uc6b0, \uc18c\ube44\uc790\ub4e4\uc740 \ub290\ub07c\ub294 \uacbd\uc81c\uc801 \uc555\ubc15\uc774\ub098 \uc2ec\ub9ac\uc801 \uc694\uc778\ub4e4\uc5d0 \ub530\ub77c \uc18c\ube44\ub97c \uc870\uc808\ud558\ub294 \uacbd\ud5a5\uc774 \uc788\uc73c\uba70, \uc774\ub7ec\ud55c \uc694\uc18c\ub294 \ub370\uc774\ud130\uc5d0 \ud3ec\ud568\ub418\uc9c0 \uc54a\ub294\ub2e4. \ub458\uc9f8, PCE\ub294 \uac00\uacc4\uc758 \uc18c\ube44 \ud328\ud134\uc758 \ubcc0\ud654\ub97c \uc2e0\uc18d\ud558\uac8c \ubc18\uc601\ud558\uae30 \uc5b4\ub824\uc6b4 \uacbd\uc6b0\uac00 \ub9ce\uc544, \uae09\uaca9\ud55c \uacbd\uc81c \ubcc0\ud654\uc5d0 \ub300\ud574 \ubbfc\uac10\ud558\uac8c \ubc18\uc751\ud558\uc9c0 \ubabb\ud55c\ub2e4. \uc14b\uc9f8, PCE \uad6c\uc131 \ud56d\ubaa9\uc758 \uc120\uc815\uc774\ub098 \ud3c9\uac00 \ubc29\ubc95\uc5d0 \ub300\ud55c \ub17c\ub780\uc774 \uc788\ub2e4. \ud2b9\uc815 \uc18c\ube44 \ud56d\ubaa9\uc774 \uacfc\ub300 \ub610\ub294 \uacfc\uc18c \ud3c9\uac00\ub420 \uc218 \uc788\uc73c\uba70, \uc774\ub294 \uacbd\uc81c \uc804\ubc18\uc5d0 \ub300\ud55c \uc798\ubabb\ub41c \ubd84\uc11d\uc73c\ub85c \uc774\uc5b4\uc9c8 \uc218 \uc788\ub2e4. \ub9c8\uc9c0\ub9c9\uc73c\ub85c, PCE \uc9c0\ud45c\ub294 \uc9c0\uc5ed\ubcc4\ub85c \ub2e4\ub97c \uc218 \uc788\uc5b4\uc11c, \uc804\uccb4 \uacbd\uc81c\ub97c \uc774\ud574\ud558\uae30 \uc704\ud574\uc11c\ub294 \ub2e4\ub978 \uc9c0\ud45c\ub4e4\uacfc\uc758 \uc885\ud569\uc801\uc778 \ubd84\uc11d\uc774 \ud544\uc694\ud558\ub2e4\ub294 \uc810\uc5d0\uc11c\ub3c4 \ud55c\uacc4\uac00 \uc9c0\uc801\ub41c\ub2e4. \uc774\ub7ec\ud55c \ube44\ud310\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 PCE\ub294 \uc5ec\uc804\ud788 \uacbd\uc81c \ubd84\uc11d \ubc0f \uc815\ucc45 \uacb0\uc815\uc5d0\uc11c \uc911\uc694\ud55c \ub3c4\uad6c\ub85c \ud65c\uc6a9\ub41c\ub2e4.<\/p>\n

PCE\uc758 \uae00\ub85c\ubc8c \ube44\uad50<\/h1>\n

\uac1c\uc778 \uc18c\ube44 \uc9c0\ucd9c(Consumer Spending Expenditure, PCE)\uc740 \uac01\uad6d\uc758 \uacbd\uc81c \uc0c1\ud669\uc744 \uc774\ud574\ud558\ub294 \uc911\uc694\ud55c \uc9c0\ud45c \uc911 \ud558\ub098\ub85c, \uc18c\ube44\uc790\ub4e4\uc774 \uad6c\ub9e4\ud558\ub294 \uc7ac\ud654\uc640 \uc11c\ube44\uc2a4\uc758 \ucd1d \uc561\uc218\ub97c \uce21\uc815\ud569\ub2c8\ub2e4. \uae00\ub85c\ubc8c \uacbd\uc81c\uc5d0\uc11c PCE\ub294 \ubbf8\uad6d, \uc720\ub7fd\uc5f0\ud569, \uc77c\ubcf8 \ub4f1 \uc8fc\uc694 \uacbd\uc81c\uad8c\uc5d0\uc11c \ub9e4\uc6b0 \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ud569\ub2c8\ub2e4.1. **\ubbf8\uad6d**: \ubbf8\uad6d\uc758 PCE\ub294 \uc18c\ube44\uc790 \uacbd\uc81c\uc758 \uac15\ub825\ud55c \uc9c0\ud45c\ub85c, \uacbd\uc81c \uc131\uc7a5\uc758 \uc57d 70%\ub97c \ucc28\uc9c0\ud569\ub2c8\ub2e4. \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Federal Reserve)\ub294 PCE \uc9c0\uc218\ub97c \uc778\ud50c\ub808\uc774\uc158 \uc9c0\ud45c\ub85c \uc0ac\uc6a9\ud558\uace0 \uc788\uc73c\uba70, \uc774\ub294 \uc18c\ube44\uc790\ubb3c\uac00 \uc9c0\uc218(CPI)\ubcf4\ub2e4 \ub354 \ub110\ub9ac \uc778\uc815\ubc1b\uace0 \uc788\uc2b5\ub2c8\ub2e4.2. **\uc720\ub7fd\uc5f0\ud569**: \uc720\ub7fd\uc5d0\uc11c\ub294 EU \uad6d\uac00\uc758 \uc18c\ube44\uc790 \uc9c0\ucd9c\uc774 \uac01\uad6d\uc758 \uacbd\uc81c\uc131\uc7a5\uc5d0 \ubbf8\uce58\ub294 \uc601\ud5a5\uc744 \ubd84\uc11d\ud560 \ub54c PCE\uac00 \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ud569\ub2c8\ub2e4. \uc720\ub7fd\uc5f0\ud569\uc5d0\uc11c\ub294 \uace0\uc6a9, \uc18c\ub4dd, \uc18c\ube44\uc790 \uc2e0\ub8b0\ub3c4\uc640 \uac19\uc740 \uc694\uc18c\uac00 PCE\uc5d0 \ud070 \uc601\ud5a5\uc744 \ubbf8\uce69\ub2c8\ub2e4.3. **\uc77c\ubcf8**: \uc77c\ubcf8\uc740 \uc624\ub79c \uae30\uac04 \ub3d9\uc548 \ub514\ud50c\ub808\uc774\uc158 \ubb38\uc81c\ub85c \uace0\ubbfc\ud574\uc654\uc73c\uba70, \uc774\uc5d0 \ub530\ub77c PCE\ub294 \uc18c\ube44 \uc9c4\uc791\uacfc \uacbd\uc81c \ud68c\ubcf5\uc758 \uc911\uc694\ud55c \uc9c0\ud45c\ub85c \uc5ec\uaca8\uc9d1\ub2c8\ub2e4. \uc77c\ubcf8 \uc815\ubd80\ub294 \uc18c\ube44\ub97c \uc7a5\ub824\ud558\uae30 \uc704\ud55c \ub2e4\uc591\ud55c \uc815\ucc45\uc744 \uc2dc\ud589\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.\uacb0\ub860\uc801\uc73c\ub85c, PCE\ub294 \uac01\uad6d \uacbd\uc81c\uc758 \ud750\ub984\uacfc \uc18c\ube44\uc790 \ud589\ub3d9\uc744 \uc774\ud574\ud558\ub294 \ub370 \ud544\uc218\uc801\uc778 \ub3c4\uad6c\ub85c, \uc815\ubd80\uc640 \uacbd\uc81c\ud559\uc790\ub4e4\uc740 \uc774\ub97c \ud1b5\ud574 \uacbd\uc81c \uc815\ucc45\uc744 \uc218\ub9bd\ud558\uace0 \uc18c\ube44\uc790 \uc2e0\ub8b0\ub3c4\ub97c \ud3c9\uac00\ud569\ub2c8\ub2e4.<\/p>\n

PCE\uc640 \ud1b5\ud654 \uc815\ucc45\uc758 \uc5f0\uad00\uc131<\/h1>\n

PCE(\uac1c\uc778 \uc18c\ube44 \uc9c0\ucd9c) \uac00\uaca9 \uc9c0\uc218\ub294 \ubbf8\uad6d\uc758 \uc778\ud50c\ub808\uc774\uc158\uc744 \uce21\uc815\ud558\ub294 \uc8fc\uc694 \uc9c0\ud45c \uc911 \ud558\ub098\ub85c, \uc18c\ube44\uc790\ub4e4\uc774 \uad6c\ub9e4\ud558\ub294 \uc0c1\ud488\uacfc \uc11c\ube44\uc2a4\uc758 \uac00\uaca9 \ubcc0\ud654\ub97c \ubc18\uc601\ud569\ub2c8\ub2e4. \uc774\ub294 Federal Reserve(\uc5f0\ubc29\uc900\ube44\uc81c\ub3c4)\uc758 \ud1b5\ud654 \uc815\ucc45 \uacb0\uc815\uc5d0 \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ud569\ub2c8\ub2e4. \uc5f0\uc900\uc740 PCE \uc9c0\uc218\ub97c \uba74\ubc00\ud788 \ubd84\uc11d\ud558\uc5ec \uc778\ud50c\ub808\uc774\uc158\uc774 \ubaa9\ud45c \ubc94\uc704 \ub0b4\uc5d0 \uc788\ub294\uc9c0 \ud3c9\uac00\ud558\uace0, \uc774\ub97c \ubc14\ud0d5\uc73c\ub85c \uae08\ub9ac \uc778\uc0c1 \ub610\ub294 \uc778\ud558\uc640 \uac19\uc740 \ud1b5\ud654 \uc815\ucc45\uc744 \uc870\uc815\ud569\ub2c8\ub2e4. \uc778\ud50c\ub808\uc774\uc158\uc774 \ubaa9\ud45c\ubcf4\ub2e4 \ub192\uc544\uc9c8 \uacbd\uc6b0, \uc5f0\uc900\uc740 \uae08\ub9ac\ub97c \uc778\uc0c1\ud568\uc73c\ub85c\uc368 \uc790\uadf9\uc744 \uc904\uc774\uace0 \ubb3c\uac00 \uc0c1\uc2b9 \uc555\ub825\uc744 \uc644\ud654\ud558\ub824\uace0 \ud569\ub2c8\ub2e4. \ubc18\ub300\ub85c \uc778\ud50c\ub808\uc774\uc158\uc774 \ub0ae\uac70\ub098 \uacbd\uc81c \uc131\uc7a5\uc774 \uc800\uc870\ud55c \uacbd\uc6b0\uc5d0\ub294 \uae08\ub9ac\ub97c \ub0ae\ucd94\uc5b4 \uc18c\ube44\uc640 \ud22c\uc790\ub97c \ucd09\uc9c4\ud558\ub824\ub294 \uc870\uce58\ub97c \ucde8\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub530\ub77c\uc11c PCE \uc9c0\uc218\uc640 \ud1b5\ud654 \uc815\ucc45 \uac04\uc758 \ubc00\uc811\ud55c \uad00\uacc4\ub294 \uacbd\uc81c\uc758 \uc548\uc815\uc131\uc744 \uc720\uc9c0\ud558\ub294 \ub370 \ud544\uc218\uc801\uc778 \uc694\uc18c\ub85c \uc791\uc6a9\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n

PCE \uc608\uce21 \ubc29\ubc95\uacfc \uc2e4\uc9c8\uc801 \uc751\uc6a9<\/h1>\n

PCE(\uac1c\uc778 \uc18c\ube44 \uc9c0\ucd9c)\ub294 \uacbd\uc81c \ubd84\uc11d\uc5d0\uc11c \uc911\uc694\ud55c \uc9c0\ud45c\ub85c, \uc18c\ube44\uc790\uc758 \uc9c0\ucd9c \uc2b5\uad00\uc744 \ubc18\uc601\ud569\ub2c8\ub2e4. PCE \uc9c0\uc218\ub97c \uc608\uce21\ud558\ub294 \ubc29\ubc95\uc740 \uc5ec\ub7ec \uac00\uc9c0\uac00 \uc788\uc73c\uba70, \uc8fc\uc694 \ubc29\ubc95\uc740 \ub2e4\uc74c\uacfc \uac19\uc2b5\ub2c8\ub2e4.1. **\uc2dc\uacc4\uc5f4 \ubd84\uc11d**: \uacfc\uac70\uc758 PCE \ub370\uc774\ud130\uc640 \uad00\ub828 \uacbd\uc81c \uc9c0\ud45c\ub97c \uae30\ubc18\uc73c\ub85c \ud1b5\uacc4\uc801 \ubaa8\ub378\uc744 \uad6c\ucd95\ud558\uc5ec \ubbf8\ub798\uc758 PCE \ubcc0\ud654\ub97c \uc608\uce21\ud569\ub2c8\ub2e4. ARIMA(\uc790\uae30 \ud68c\uadc0 \uc774\ub3d9 \ud3c9\uade0) \ubaa8\ub378\uacfc VAR(\ubca1\ud130 \uc790\uae30 \ud68c\uadc0) \ubaa8\ub378\uc774 \uc77c\ubc18\uc801\uc73c\ub85c \uc0ac\uc6a9\ub429\ub2c8\ub2e4.2. **\uacbd\uc81c \ubaa8\ud615**: \ub354 \ubcf5\uc7a1\ud55c \uacbd\uc81c\ud559\uc801 \ubaa8\ub378\uc744 \uc0ac\uc6a9\ud558\uc5ec \uc18c\ube44\uc790 \ud589\ub3d9\uc744 \uc124\uba85\ud558\ub294 \ubc29\ubc95\uc785\ub2c8\ub2e4. IS-LM \ubaa8\ud615\uacfc DSGE(\ub3d9\ud0dc\uc801 \ud655\ub960\uc801 \uc77c\ubc18 \uade0\ud615) \ubaa8\ub378\uc774 \uc790\uc8fc \ud65c\uc6a9\ub429\ub2c8\ub2e4.3. **\uae30\uacc4 \ud559\uc2b5**: \ub9ce\uc740 \ub370\uc774\ud130\uc640 \ubcc0\uc218\ub97c \ucc98\ub9ac\ud560 \uc218 \uc788\ub294 \uae30\uacc4 \ud559\uc2b5 \uc54c\uace0\ub9ac\uc998\uc744 \uc0ac\uc6a9\ud574 \uc608\uce21 \uc815\ud655\uc131\uc744 \ub192\uc774\ub294 \ubc29\ubc95\uc785\ub2c8\ub2e4. \ud2b9\ud788 \ub79c\ub364 \ud3ec\ub808\uc2a4\ud2b8\uc640 \uc2e0\uacbd\ub9dd \ubaa8\ub378\uc774 \uc8fc\ubaa9\ubc1b\uace0 \uc788\uc2b5\ub2c8\ub2e4.PCE\uc758 \uc2e4\uc9c8\uc801 \uc751\uc6a9\uc740 \ub2e4\uc74c\uacfc \uac19\uc2b5\ub2c8\ub2e4:- **\uc815\ucc45 \uacb0\uc815**: \uc815\ubd80\uc640 \uc911\uc559\uc740\ud589\uc740 PCE \uc608\uce21\uc744 \ud1b5\ud574 \ud1b5\ud654\uc815\ucc45\uacfc \uc7ac\uc815\uc815\ucc45\uc744 \uc218\ub9bd\ud569\ub2c8\ub2e4. \uc608\ub97c \ub4e4\uc5b4, \uc18c\ube44 \uc99d\uac00\uac00 \uc608\uc0c1\ub418\uba74 \uae08\ub9ac\ub97c \uc62c\ub824 \uc778\ud50c\ub808\uc774\uc158\uc744 \uc5b5\uc81c\ud558\ub824 \ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.- **\uae30\uc5c5 \uc804\ub7b5**: \uae30\uc5c5\ub4e4\uc740 PCE \ub370\uc774\ud130\ub97c \ubd84\uc11d\ud558\uc5ec \uc18c\ube44\uc790 \ud2b8\ub80c\ub4dc\uc640 \uad6c\ub9e4\ub825\uc744 \uc774\ud574\ud558\uace0, \uc81c\ud488 \uac00\uaca9 \ucc45\uc815 \ubc0f \ub9c8\ucf00\ud305 \uc804\ub7b5\uc744 \uc870\uc815\ud569\ub2c8\ub2e4.- **\ud22c\uc790 \uacb0\uc815**: \ud22c\uc790\uc790\ub4e4\uc740 PCE \uc9c0\uc218\ub97c \ud1b5\ud574 \uacbd\uc81c \uc804\ubc18\uc758 \uac74\uac15\uc131\uc744 \ud310\ub2e8\ud558\uace0, \uc8fc\uc2dd, \ucc44\uad8c \ubc0f \uae30\ud0c0 \uc790\uc0b0\uc5d0 \ub300\ud55c \ud22c\uc790 \uacb0\uc815\uc744 \ub0b4\ub9bd\ub2c8\ub2e4.PCE \uc608\uce21\uc740 \uacbd\uc81c\uc640 \uad00\ub828\ub41c \ub2e4\uc591\ud55c \ubd84\uc57c\uc5d0\uc11c \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ud558\uba70, \uc548\uc815\uc801 \uc608\uce21\uc744 \ud1b5\ud574 \uc815\ucc45\uacfc \uc804\ub7b5 \uc218\ub9bd\uc5d0 \uae30\uc5ec\ud569\ub2c8\ub2e4.<\/p>\n

pce<\/p>\n

PCE(\uac1c\uc778\uc18c\ube44\uc9c0\ucd9c)\ub780 \ubb34\uc5c7\uc778\uac00?<\/h1>\n

PCE(\uac1c\uc778\uc18c\ube44\uc9c0\ucd9c)\ub294 \uac1c\uc778\uc774 \uc18c\ube44\ud558\ub294 \uc7ac\ud654\uc640 \uc11c\ube44\uc2a4\uc758 \ucd1d\uc561\uc744 \ub098\ud0c0\ub0b4\ub294 \uacbd\uc81c \uc9c0\ud45c\ub85c, \uacbd\uc81c\uc758 \uc804\ubc18\uc801\uc778 \uac74\uac15 \uc0c1\ud0dc\ub97c \ud3c9\uac00\ud558\ub294 \ub370 \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ud569\ub2c8\ub2e4. PCE\ub294 \uc18c\ube44\uc790 \ubb3c\uac00 \uc9c0\uc218(CPI)\uc640 \ud568\uaed8 \uad11\ubc94\uc704\ud558\uac8c \uc0ac\uc6a9\ub418\uba70, \ubbf8\uad6d\uc5d0\uc11c\ub294 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed)\uac00 \ud1b5\ud654 \uc815\ucc45\uc744 \uacb0\uc815\ud558\ub294 \ub370 \uc788\uc5b4 \uc8fc\uc694 \uc9c0\ud45c \uc911 \ud558\ub098\ub85c \ud65c\uc6a9\ub429\ub2c8\ub2e4. PCE\ub294 \uc8fc\ub85c \ub2e4\uc74c \ub450 \uac00\uc9c0 \uc694\uc18c\ub85c \uad6c\uc131\ub429\ub2c8\ub2e4: 1. **\ub0b4\uad6c\uc7ac \uc18c\ube44**: \uc790\ub3d9\ucc28, \uac00\uc804\uc81c\ud488\uacfc \uac19\uc774 \uc624\ub79c \uc2dc\uac04 \uc0ac\uc6a9\ud560 \uc218 \uc788\ub294 \uc7ac\ud654\uc758 \uc18c\ube44\ub97c \ud3ec\ud568\ud569\ub2c8\ub2e4. 2. **\ube44\ub0b4\uad6c\uc7ac \uc18c\ube44**: \uc74c\uc2dd, \uc758\ub958, \uc138\ud0c1\uc6a9\ud488 \ub4f1\uacfc \uac19\uc774 \ube68\ub9ac \uc18c\ube44\ub418\ub294 \uc7ac\ud654\uc640 \uc11c\ube44\uc2a4\uc758 \uc18c\ube44\ub97c \ud3ec\ud568\ud569\ub2c8\ub2e4. PCE \ub370\uc774\ud130\ub294 \ub9e4\uc6d4 \ubc1c\ud45c\ub418\uba70 \uacbd\uc81c \uc131\uc7a5, \uc778\ud50c\ub808\uc774\uc158, \uc18c\ube44\uc790 \uc2e0\ub8b0\ub3c4\ub97c \ud30c\uc545\ud558\ub294 \ub370 \ud544\uc218\uc801\uc778 \uc815\ubcf4\ub85c \ud65c\uc6a9\ub429\ub2c8\ub2e4. \ub192\uc740 PCE\ub294 \uacbd\uc81c \uc131\uc7a5\uc744 \ub098\ud0c0\ub0bc \uc218 \uc788\uc9c0\ub9cc, \uc9c0\ub098\uce58\uac8c \ub192\uc740 \uc18c\ube44\uc9c0\ucd9c\uc740 \uc778\ud50c\ub808\uc774\uc158 \uc555\ubc15\uc744 \uc99d\uac00\uc2dc\ud0ac \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub530\ub77c\uc11c PCE\ub294 \ub2e8\uc21c\ud55c \uc18c\ube44\uc9c0\ucd9c\uc744 \ub118\uc5b4 \uacbd\uc81c \uc815\ucc45\uc744 \uc218\ub9bd\ud558\ub294 \ub370 \uc911\ub300\ud55c \uc785\ub825 \ubcc0\uc218\uac00 \ub429\ub2c8\ub2e4.<\/p>\n

\ud0a4\uc6cc\ub4dc1: PCE, \ud0a4\uc6cc\ub4dc2: \uc18c\ube44\uc9c0\ucd9c<\/h1>\n

PCE \uc124\uba85: PCE(\uac1c\uc778\uc18c\ube44\uc9c0\ucd9c)\ub294 \uac1c\uc778\uc774 \uc18c\ube44\ud558\ub294 \ubaa8\ub4e0 \uc7ac\ud654\uc640 \uc11c\ube44\uc2a4\uc758 \ucd1d\uc561\uc744 \uc758\ubbf8\ud558\uba70, \uacbd\uc81c\uc758 \uac74\uac15 \uc0c1\ud0dc\ub97c \ud3c9\uac00\ud558\ub294 \uc911\uc694\ud55c \uc9c0\ud45c\uc785\ub2c8\ub2e4. \uc8fc\ub85c \ub0b4\uad6c\uc7ac\uc640 \ube44\ub0b4\uad6c\uc7ac \uc18c\ube44\ub85c \ub098\ub258\uba70, \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4\uac00 \ud1b5\ud654\uc815\ucc45\uc744 \uacb0\uc815\ud558\ub294 \ub370 \ud65c\uc6a9\ud558\ub294 \uc911\uc694\ud55c \ub370\uc774\ud130\uc785\ub2c8\ub2e4. <\/p>\n

\uc18c\ube44\uc9c0\ucd9c \uc124\uba85: \uc18c\ube44\uc9c0\ucd9c\uc740 \uac00\uacc4\uac00 \uc0c1\ud488\uc774\ub098 \uc11c\ube44\uc2a4\uc5d0 \uc9c0\ucd9c\ud558\ub294 \uae08\uc561\uc744 \uc9c0\uce6d\ud558\uba70, \uacbd\uc81c\uc758 \ud575\uc2ec \uc694\uc18c \uc911 \ud558\ub098\ub85c \uc18c\ube44\uc790 \uc2e0\ub8b0\ub3c4\uc640 \uacbd\uc81c \uc131\uc7a5\ub960\uc744 \uce21\uc815\ud558\ub294 \ub370 \uc0ac\uc6a9\ub429\ub2c8\ub2e4. \uc774\ub294 \uad6d\ubbfc\uacbd\uc81c\uc758 \uc6c0\uc9c1\uc784\uc744 \ud30c\uc545\ud558\ub294 \ub370 \ud544\uc218\uc801\uc778 \uc9c0\ud45c\ub85c, \uac1c\uc778\uc758 \uc18c\ub4dd\uacfc \uacbd\uc81c \uc804\ubc18\uc5d0 \ud070 \uc601\ud5a5\uc744 \ubbf8\uce69\ub2c8\ub2e4.<\/p>\n

\uacbd\uc81c\uc758 \ud48d\ud5a5\uacc4, PCE\uc640 \uc18c\ube44\uc9c0\ucd9c<\/h1>\n

PCE\uc640 \uc18c\ube44\uc9c0\ucd9c\uc740 \ub2e8\uc21c\ud55c \uc22b\uc790\uac00 \uc544\ub2c8\ub77c, \uc6b0\ub9ac \uacbd\uc81c\uc758 \ud750\ub984\uacfc \uc18c\ube44\uc790\ub4e4\uc758 \uc2ec\ub9ac\ub97c \uc77d\uc5b4\ub0b4\ub294 \ub370 \uc911\uc694\ud55c \uc5f4\uc1e0\uc785\ub2c8\ub2e4. \uc774 \ub450 \uc9c0\ud45c\ub97c \ud1b5\ud574 \uc6b0\ub9ac\ub294 \uc55e\uc73c\ub85c \ub098\uc544\uac08 \ubc29\ud5a5\uc744 \ubbf8\ub9ac \uc608\uce21\ud558\uace0, \ub354 \ub098\uc740 \uacbd\uc81c \ud658\uacbd\uc744 \uc870\uc131\ud560 \uc218 \uc788\ub294 \uae30\ud68c\ub97c \uc7a1\uc744 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub530\ub77c\uc11c \uc18c\ube44\uc790, \uae30\uc5c5, \uc815\ucc45 \uc785\uc548\uc790 \ubaa8\ub450\uac00 \uc774 \uc9c0\ud45c\ub4e4\uc744 \uc8fc\uc758 \uae4a\uac8c \uc0b4\ud3b4\ubcf4\uc544\uc57c \ud560 \ub54c\uc785\ub2c8\ub2e4. \uc55e\uc73c\ub85c\uc758 \uacbd\uc81c \ub3d9\ud5a5\uc744 \uc120\ub3c4\ud560 \uc218 \uc788\ub294 \uc815\ud655\ud55c \uc815\ubcf4\uc640 \uc9c0\ud61c\ub97c \uac16\ucd94\ub294 \uac83\uc774 \uc911\uc694\ud569\ub2c8\ub2e4. \uc18c\ube44\uc790\uc758 \uc9c0\ucd9c\uc774 \uacbd\uc81c\ub97c \ubcc0\ud654\uc2dc\ud0ac \uc218 \uc788\ub294 \ud798\uc744 \uac00\uc9c0\uace0 \uc788\uc74c\uc744 \uae30\uc5b5\ud574\uc57c \ud560 \uac83\uc785\ub2c8\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

PCE\ub780 \ubb34\uc5c7\uc778\uac00? PCE(\uac1c\uc778 \uc18c\ube44 \uc9c0\ucd9c, Personal Consumption Expenditures)\ub780 \uac00\uacc4\uac00 \uc77c\uc815 \uae30\uac04 \ub3d9\uc548 \uc18c\ube44\ud55c \uc7ac\ud654\uc640 \uc11c\ube44\uc2a4\uc758 \ucd1d\ud569\uc744 \uce21\uc815\ud558\ub294 \uacbd\uc81c \uc9c0\ud45c\uc785\ub2c8\ub2e4. \ubbf8\uad6d\uc758 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Federal Reserve)\uac00 \ud1b5\ud654 \uc815\ucc45 \uacb0\uc815\uc744 \ub0b4\ub9ac\ub294 \ub370 \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ud558\uba70, \ubb3c\uac00 \uc0c1\uc2b9\ub960\uc744 \uce21\uc815\ud558\ub294 \uc8fc\uc694\ud55c \ubc29\ubc95 \uc911 \ud558\ub098\ub85c \uc0ac\uc6a9\ub429\ub2c8\ub2e4.PCE\ub294 \uc18c\ube44\uc790 \ubb3c\uac00 \uc9c0\uc218(CPI)\uc640 \uc720\uc0ac\ud558\uc9c0\ub9cc, \ub450 \uc9c0\ud45c \uc0ac\uc774\uc5d0\ub294 \uba87 \uac00\uc9c0 \ucc28\uc774\uc810\uc774 \uc788\uc2b5\ub2c8\ub2e4. PCE\ub294 \uc18c\ube44\uc790 \uc9c0\ucd9c \ud328\ud134\uc758 \ubcc0\ud654\uc5d0 \ub354 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/dohokin.com\/index.php?rest_route=\/wp\/v2\/posts\/5060"}],"collection":[{"href":"https:\/\/dohokin.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dohokin.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dohokin.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dohokin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5060"}],"version-history":[{"count":0,"href":"https:\/\/dohokin.com\/index.php?rest_route=\/wp\/v2\/posts\/5060\/revisions"}],"wp:attachment":[{"href":"https:\/\/dohokin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dohokin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dohokin.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}