{"id":37493,"date":"2026-02-04T13:54:55","date_gmt":"2026-02-04T13:54:55","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%8f%84%ec%9d%b4%ec%b9%98-%eb%b1%85%ed%81%ac-%eb%a6%ac%ec%84%9c%ec%b9%98-ecb%ea%b0%80-2027%eb%85%84-%ec%a4%91%eb%b0%98%ea%b9%8c%ec%a7%80-%ed%98%84%ec%9e%ac-%ec%a0%95%ec%b1%85-%ec%9c%a0%ec%a7%80\/"},"modified":"2026-02-04T13:54:55","modified_gmt":"2026-02-04T13:54:55","slug":"%eb%8f%84%ec%9d%b4%ec%b9%98-%eb%b1%85%ed%81%ac-%eb%a6%ac%ec%84%9c%ec%b9%98-ecb%ea%b0%80-2027%eb%85%84-%ec%a4%91%eb%b0%98%ea%b9%8c%ec%a7%80-%ed%98%84%ec%9e%ac-%ec%a0%95%ec%b1%85-%ec%9c%a0%ec%a7%80","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%8f%84%ec%9d%b4%ec%b9%98-%eb%b1%85%ed%81%ac-%eb%a6%ac%ec%84%9c%ec%b9%98-ecb%ea%b0%80-2027%eb%85%84-%ec%a4%91%eb%b0%98%ea%b9%8c%ec%a7%80-%ed%98%84%ec%9e%ac-%ec%a0%95%ec%b1%85-%ec%9c%a0%ec%a7%80\/","title":{"rendered":"\ub3c4\uc774\uce58 \ubc45\ud06c \ub9ac\uc11c\uce58, ECB\uac00 2027\ub144 \uc911\ubc18\uae4c\uc9c0 \ud604\uc7ac \uc815\ucc45 \uc720\uc9c0\ud558\uace0 \uc7a0\uc7ac\uc801 \uae08\ub9ac \uc778\uc0c1 \uc804\ub9dd"},"content":{"rendered":"Deutsche Bank Research \ud300\uc740 \uc720\ub7fd \uc911\uc559 \uc740\ud589(ECB)\uc758 \ud1b5\ud654 \uc815\ucc45\uc744 \ubd84\uc11d\ud558\uc5ec 2026\ub144\uae4c\uc9c0 \uc870\uce58\ub97c \uc911\ub2e8\ud560 \uac83\uc73c\ub85c \uc608\uce21\ud588\uc73c\uba70, 2027\ub144 \uc911\ubc18\uc5d0 \uae08\ub9ac\uac00 \uc778\uc0c1\ub420 \uac83\uc73c\ub85c \uc608\uc0c1\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc7a0\uc7ac\uc801\uc778 \uc778\ud50c\ub808\uc774\uc158 \ubaa9\ud45c \ubbf8\ub2ec\uacfc \uac15\ud55c \uc720\ub85c\uc640 \uac19\uc740 \uc678\ubd80 \uc694\uc778\uc774 \ucd94\uac00 \uc644\ud654\ub97c \ucd09\ubc1c\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\nECB\uc758 \ud1b5\ud654 \uc815\ucc45\uc758 \ubbf8\ub798\ub294 \ub0b4\ubd80\uc640 \uc678\ubd80 \uc870\uac74 \uac04\uc758 \uade0\ud615\uc5d0 \ub2ec\ub824 \uc788\uc2b5\ub2c8\ub2e4. \uad6d\ub0b4 \uacbd\uc81c\uc758 \ud68c\ubcf5\ub825\uc774 2027\ub144\uc5d0 \uae08\ub9ac \uc778\uc0c1\uc744 \uac00\uc838\uc62c \uac83\uc774\ub77c\ub294 \uc608\uce21\uc774 \uc788\uc2b5\ub2c8\ub2e4. \uae08\ub9ac\ub97c \ub0ae\ucd94\uae30 \uc704\ud574\uc11c\ub294 2% \uc778\ud50c\ub808\uc774\uc158 \ubaa9\ud45c\uc5d0\uc11c \uc0c1\ub2f9\ud55c \uc774\ud0c8\uc774 \ud544\uc694\ud558\uba70, 2026\ub144 \ud6c4\ubc18\uacfc 2027\ub144 \ucd08\uc5d0 \uc778\ud50c\ub808\uc774\uc158\uc774 \ubaa9\ud45c\ub97c \ud558\ud68c\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub429\ub2c8\ub2e4.\n\n<h3>\ud604\uc7ac \uc0c1\ud669<\/h3>\n\uc720\ub7fd \uc911\uc559 \uc740\ud589\uc740 \uc62c\ud574 \ub098\uba38\uc9c0 \uae30\uac04 \ub3d9\uc548 \uae08\ub9ac\ub97c \ubcc0\ud654\uc2dc\ud0a4\uc9c0 \uc54a\uc744 \uac83\uc73c\ub85c \uc608\uc0c1\ud558\uba70, \ub2e4\uc74c \uc6c0\uc9c1\uc784\uc740 2027\ub144 \uc911\ubc18\uc758 \uae08\ub9ac \uc778\uc0c1\uc774 \ub420 \uac83\uc73c\ub85c \ubcf4\uc785\ub2c8\ub2e4. \uc774 \uc804\ub9dd\uc740 \uc720\ub85c\uc874 \ub0b4\uc5d0\uc11c \uae08\ub9ac \ubcc0\ub3d9\uc131\uc774 \ub0ae\uc740 \uc2dc\uae30\uac00 \ub420 \uac83\uc784\uc744 \ub098\ud0c0\ub0c5\ub2c8\ub2e4. \uc774\ub7ec\ud55c \ud658\uacbd\uc740 \uc548\uc815\uc801\uc778 \uae08\ub9ac\uc5d0\uc11c \uc774\uc775\uc744 \uc5bb\ub294 \uc804\ub7b5\uc774 \ub9e4\ub825\uc801\uc77c \uc218 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud569\ub2c8\ub2e4.\n\n\uadf8\ub7ec\ub098 \uc0c1\ud669\uc774 \ubcc0\ud654\ud558\uba74 \uae08\ub9ac \uc778\ud558\uc758 \uc704\ud5d8\uc774 \ub354 \ud070 \uac83\uc73c\ub85c \ubcf4\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc720\ub85c\ud654\ub294 \uac15\uc138\ub97c \ubcf4\uc774\uba70 \ucd5c\uadfc 1.15 \ub2ec\ub7ec\ub85c \uc0c1\uc2b9\ud588\uc73c\uba70, \uc774\ub294 \uc778\ud50c\ub808\uc774\uc158\uc744 \uc5b5\uc81c\ud558\uace0 \uc218\ucd9c\uc744 \ub354 \ube44\uc2f8\uac8c \ub9cc\ub4ed\ub2c8\ub2e4. 1\uc6d4\uc758 \ucd5c\uc2e0 \ucd08\uae30 \uc778\ud50c\ub808\uc774\uc158 \ucd94\uc815\uce58\ub294 2% \ubaa9\ud45c\ubcf4\ub2e4 \ub0ae\uc740 1.8%\ub85c, ECB\uc5d0 \ub300\ud55c \uc555\ub825\uc774 \uc870\uc6a9\ud788 \uc99d\uac00\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.\n\n\uc6b0\ub9ac\ub294 \ud68c\ubcf5\ub825\uc744 \ubcf4\uc774\ub294 \uad6d\ub0b4 \uacbd\uc81c\uc640 \uc774\ub7ec\ud55c \uc57d\ud55c \uc678\ubd80 \uc694\uc778 \uac04\uc758 \uae34\uc7a5\uc744 \uc9c0\ucf1c\ubcf4\uace0 \uc788\uc2b5\ub2c8\ub2e4. 2025\ub144 \ud558\ubc18\uae30\uc5d0 \uc778\ud50c\ub808\uc774\uc158\uc774 \uc608\uc0c1\ubcf4\ub2e4 \ube60\ub974\uac8c \ud558\ub77d\ud558\ub294 \ubaa8\uc2b5\uc744 \ubcf4\uc558\uace0, \ub3c5\uc77c\uc758 \uc81c\uc870\uc5c5 \uad6c\ub9e4 \uad00\ub9ac\uc790 \uc9c0\uc218(PMI)\uac00 50 \uc544\ub798\ub85c \ub0b4\ub9ac\ub9c9\uc744 \uacaa\ub294 \ucd5c\uadfc \ub370\uc774\ud130\ub294 \uc678\ubd80 \uc218\uc694\uac00 \uc5ec\uc804\ud788 \uc6b0\ub824\uc2a4\ub7fd\ub2e4\ub294 \uac83\uc744 \ubcf4\uc5ec\uc90d\ub2c8\ub2e4. \ubaa9\ud45c \uc544\ub798\ub85c \uc778\ud50c\ub808\uc774\uc158\uc774 \uc0c1\ub2f9\ud788 \uc9c0\uc18d\uc801\uc73c\ub85c \ub5a8\uc5b4\uc9c0\ub294 \uac83\uc740 \uc815\ucc45 \ubcc0\ud654\uc758 \uc8fc\uc694 \ucd09\ubc1c\uc81c\uc785\ub2c8\ub2e4.\n\n<h3>\uc2dc\uc7a5 \ud3ec\uc9c0\uc154\ub2dd<\/h3>\n\uc55e\uc73c\ub85c \uba87 \uc8fc \ub3d9\uc548 \uc6b0\ub9ac\ub294 \uc774\ub7ec\ud55c \uc548\uc815\uc801\uc778 \uc815\ucc45\uacfc \uc628\uac74\ud55c \uae30\uc870\ub97c \ubc18\uc601\ud558\ub294 \ud3ec\uc9c0\uc158\uc744 \uace0\ub824\ud574\uc57c \ud569\ub2c8\ub2e4. \uc774\ub294 \uae08\ub9ac \uc778\uc0c1\uc774 \uc62c\ud574\uc5d0\ub294 \ub9e4\uc6b0 \uac00\ub2a5\uc131\uc774 \ub0ae\uc73c\ubbc0\ub85c \uae08\ub9ac \uc120\ubb3c\uc5d0\uc11c \uc544\uc6c3 \uc624\ube0c \ub354 \uba38\ub2c8(call options) \ub9e4\ub3c4\ud558\ub294 \uac83\uc744 \uc758\ubbf8\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub3d9\uc2dc\uc5d0, \uacbd\uc81c \ub370\uc774\ud130\uac00 \uae09\uaca9\ud788 \uc545\ud654\ub420 \uacbd\uc6b0 \uae5c\uc9dd \uae08\ub9ac \uc778\ud558\uc5d0 \ub300\ud55c \ud5e4\uc9c0\ub85c \uc800\ub834\ud55c \uc7a5\uae30 \ud48b \uc635\uc158\uc744 \ub9e4\uc218\ud558\ub294 \uac83\uc774 \uc720\uc6a9\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">\uc2e4\uc2dc\uac04 VT Markets \uacc4\uc815\uc744 \uc0dd\uc131\ud558\uace0<\/a>\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">\uc9c0\uae08 \uac70\ub798\ub97c \uc2dc\uc791\ud558\uc138\uc694.<\/a><\/b>\n\n<!-- wp:paragraph-->\n<p><b>VT Markets \ub77c\uc774\ube0c \uacc4\uc815\uc744 \ub9cc\ub4e4\uace0 \uc9c0\uae08 \ubc14\ub85c <a href=\"https:\/\/www.vtmarkets.com\/kr\/trade-now\/\">\uac70\ub798<\/a>\ub97c \uc2dc\uc791\ud558\uc138\uc694.<\/b><\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\uc720\ub7fd \uc911\uc559\uc740\ud589\uc758 \uae08\ub9ac \uc815\ucc45\uc740 2026\ub144\uae4c\uc9c0 \ub3d9\uacb0\ub420 \uac83\uc73c\ub85c \uc608\uc0c1\ub418\uba70, 2027\ub144 \uc911\ubc18 \uae08\ub9ac \uc778\uc0c1\uc774 \uc608\uc0c1\ub429\ub2c8\ub2e4. \uc678\ubd80 \uc694\uc778\uc774 \ub354\ud574\uc9c8 \uacbd\uc6b0 \uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uc744 \uc5fc\ub450\uc5d0 \ub46c\uc57c \ud569\ub2c8\ub2e4. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":62,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-37493","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/37493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=37493"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/37493\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=37493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=37493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=37493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}