{"id":38808,"date":"2026-02-20T23:33:01","date_gmt":"2026-02-20T23:33:01","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ec%bd%94%eb%a9%94%eb%a5%b4%ec%b8%a0%eb%b0%a9%ed%81%ac%ec%9d%98-%ed%83%80%ed%83%80-%ea%b3%a0%ec%84%b8%eb%8a%94-1%ec%9b%94-%ed%8f%b4%eb%9e%80%eb%93%9c%ec%9d%98-%eb%b6%80%ec%a7%84%ed%95%9c-%ec%a7%80\/"},"modified":"2026-02-20T23:33:01","modified_gmt":"2026-02-20T23:33:01","slug":"%ec%bd%94%eb%a9%94%eb%a5%b4%ec%b8%a0%eb%b0%a9%ed%81%ac%ec%9d%98-%ed%83%80%ed%83%80-%ea%b3%a0%ec%84%b8%eb%8a%94-1%ec%9b%94-%ed%8f%b4%eb%9e%80%eb%93%9c%ec%9d%98-%eb%b6%80%ec%a7%84%ed%95%9c-%ec%a7%80","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ec%bd%94%eb%a9%94%eb%a5%b4%ec%b8%a0%eb%b0%a9%ed%81%ac%ec%9d%98-%ed%83%80%ed%83%80-%ea%b3%a0%ec%84%b8%eb%8a%94-1%ec%9b%94-%ed%8f%b4%eb%9e%80%eb%93%9c%ec%9d%98-%eb%b6%80%ec%a7%84%ed%95%9c-%ec%a7%80\/","title":{"rendered":"\ucf54\uba54\ub974\uce20\ubc29\ud06c\uc758 \ud0c0\ud0c0 \uace0\uc138\ub294 1\uc6d4 \ud3f4\ub780\ub4dc\uc758 \ubd80\uc9c4\ud55c \uc9c0\ud45c\uac00 3\uc6d4 \ud1b5\ud654\uc815\ucc45\uc704\uc6d0\ud68c(MPC)\uc758 25bp(0.25%\ud3ec\uc778\ud2b8) \uae08\ub9ac \uc778\ud558 \uc804\ub9dd\uc744 \uac15\ud654\ud55c\ub2e4\uace0 \ubc1d\ud614\ub2e4."},"content":{"rendered":"\ud3f4\ub780\ub4dc\uc758 1\uc6d4 \uc9c0\ud45c\ub294 3\uc6d4 \ud1b5\ud654\uc815\ucc45\uc704\uc6d0\ud68c(MPC, \uc911\uc559\uc740\ud589\uc758 **\uae08\ub9ac \uacb0\uc815\uc744 \ud558\ub294 \uc704\uc6d0\ud68c**) \ud68c\uc758\uc5d0\uc11c **25bp \uae08\ub9ac \uc778\ud558**(\uae30\uc900\uae08\ub9ac\ub97c **0.25%\ud3ec\uc778\ud2b8** \ub0b4\ub9ac\ub294 \uac83) \uae30\ub300\ub97c \ub354 \ud0a4\uc6e0\ub2e4. \uc9c0\ud45c\uc5d0\uc11c\ub294 \uacbd\uae30 \ud65c\ub3d9\uacfc \ubb3c\uac00\uac00 \uc608\uc0c1\ubcf4\ub2e4 \uc57d\ud588\uace0, \uc784\uae08 \uc99d\uac00 \uc18d\ub3c4\ub3c4 \ub290\ub824\uc84c\ub2e4.\n\n1\uc6d4 \uc81c\uc870\uc5c5 \uc0dd\uc0b0\uc740 \uc804\ub9dd\uce58\ub97c \ubc11\ub3cc\uba70 \uac10\uc18c\ud588\ub2e4. \uac74\uc124 \uc0dd\uc0b0\uc740 \uc804\ub144 \ub300\ube44 12.8% \uc904\uc5c8\uace0, \uc9d1\uacc4\ub41c 34\uac1c \uc5c5\uc885 \uc911 21\uac1c \uc5c5\uc885\uc5d0\uc11c \uc0dd\uc0b0\uc774 \uac10\uc18c\ud588\ub2e4.\n\n

\ud3f4\ub780\ub4dc \uc9c0\ud45c, \uae08\ub9ac \uc778\ud558 \uae30\ub300 \uac15\ud654<\/h3>\n\uc0dd\uc0b0\uc790\ubb3c\uac00 \uc0c1\uc2b9\ub960(PPI, \uae30\uc5c5\ub4e4\uc774 \uc81c\ud488\uc744 \ucd9c\uace0\ud560 \ub54c \ubc1b\ub294 \uac00\uaca9\uc758 \ubcc0\ud654\uc728)\uc740 1\uc6d4 \uc804\ub144 \ub300\ube44 -2.6%\ub85c \ub354 \ub0b4\ub824\uac14\ub2e4. \uc774\ub294 2024\ub144 12\uc6d4 \uc774\ud6c4 \uac00\uc7a5 \ud070 \ud558\ub77d\ud3ed\uc774\uba70 \uc2dc\uc7a5 \uc608\uc0c1\uce58\ubcf4\ub2e4 \ub0ae\uc558\ub2e4.\n\n\uc774 \uc9c0\ud45c\ub4e4\uc740 \ubb3c\uac00 \uc0c1\uc2b9 \uc555\ub825\uc774 \uc57d\ud574\uc9c0\uace0 \uc788\uc74c\uc744 \ubcf4\uc5ec\uc8fc\uba70, 3\uc6d4 \uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uc744 \ub4b7\ubc1b\uce68\ud55c\ub2e4. \ub2e4\ub9cc \ud5dd\uac00\ub9ac\uc758 \ud1b5\ud654\uc815\ucc45\uc774 \ub354 \uc644\ud654\uc801(\ube44\ub458\uae30\ud30c, **\uae08\ub9ac\ub97c \ub0b4\ub9ac\uac70\ub098 \uc644\ud654 \uc815\ucc45\uc5d0 \ub354 \uc6b0\ud638\uc801\uc778 \uc785\uc7a5**)\uc73c\ub85c \ubc14\ub00c\uc9c0 \uc54a\ub294\ub2e4\uba74, \ud3f4\ub780\ub4dc \uc988\uc6cc\ud2f0(PLN, \ud3f4\ub780\ub4dc \ud1b5\ud654)\ub294 \uc55e\uc73c\ub85c \uba87 \ub2ec \ub3d9\uc548 \ube44\uc2b7\ud55c \uad6d\uac00\ub4e4\uc758 \ud1b5\ud654\ubcf4\ub2e4 \uc57d\ud560 \uc218 \uc788\ub2e4.\n\n\ucd5c\uadfc \ub370\uc774\ud130\ub294 \ud3f4\ub780\ub4dc \uc911\uc559\uc740\ud589(NBP, \ud3f4\ub780\ub4dc\uc758 **\uae30\uc900\uae08\ub9ac\ub97c \uc815\ud558\ub294 \uc911\uc559\uc740\ud589**)\uc774 3\uc6d4 \ud68c\uc758\uc5d0\uc11c **25bp** \uae08\ub9ac\ub97c \ub0b4\ub9b4 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4\ub294 \uc810\uc744 \uac15\ud558\uac8c \uc2dc\uc0ac\ud55c\ub2e4. 2026\ub144 1\uc6d4 \ucd5c\uc2e0 \ud1b5\uacc4\uc5d0\uc11c\ub294 \ubb3c\uac00\uc0c1\uc2b9\ub960\uc774 2.9%\ub85c \ube60\ub974\uac8c \ub0b4\ub824\uac00, \uc608\uc0c1\uc744 \ud06c\uac8c \ubc11\ub3cc\uc558\uace0 \uc911\uc559\uc740\ud589 \ubaa9\ud45c\uce58 2.5%\uc5d0 \uac00\uae4c\uc6cc\uc84c\ub2e4. \uc774\ub294 \uc791\ub144 \ub9d0\ubd80\ud130 \uc774\uc5b4\uc9c4 \ubb3c\uac00 \ub454\ud654(\ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158, **\ubb3c\uac00\uc0c1\uc2b9\ub960\uc774 \ub0ae\uc544\uc9c0\ub294 \ud750\ub984**) \ucd94\uc138\ub97c \uac15\ud654\ud55c\ub2e4.\n\n\uacbd\uae30 \ub454\ud654\ub3c4 \ub354 \ub69c\ub837\ud574\uc9c0\uace0 \uc788\ub2e4. \ud3f4\ub780\ub4dc\uc758 2025\ub144 4\ubd84\uae30 GDP \uc131\uc7a5\ub960(\uad6d\ub0b4\ucd1d\uc0dd\uc0b0 \uc131\uc7a5\ub960, **\uacbd\uc81c \uc804\uccb4 \uaddc\ubaa8\uac00 \uc5bc\ub9c8\ub098 \ub298\uc5c8\ub294\uc9c0**)\uc740 0.8%\ub85c \ud558\ud5a5 \uc870\uc815\ub410\ub2e4. \ub610\ud55c 1\uc6d4 \uc0b0\uc5c5\uc0dd\uc0b0 \uc9c0\ud45c\ub294 \uc608\uc0c1 \ubc16\uc758 \uac10\uc18c\ub97c \ubcf4\uc5ec 2026\ub144 \ucd08 \ucd9c\ubc1c\uc774 \uc57d\ud558\ub2e4\ub294 \uc2e0\ud638\ub97c \ub0c8\ub2e4. \uc774\ub294 \ud32c\ub370\ubbf9 \uc774\ud6c4 \ud68c\ubcf5\uc774 \uc57d\ud574\uc9c4 \ub4a4 \uc2dc\uc791\ub41c \uc804\ubc18\uc801\uc778 \uc9c0\uc5ed \uacbd\uae30 \ub454\ud654\uc640 \ube44\uc2b7\ud55c \ud750\ub984\uc774\ub2e4.\n\n

3\uc6d4 \ud68c\uc758 \uc804 \uc2dc\uc7a5 \ub300\uc751<\/h3>\n2025\ub144\uc5d0 \uc911\uc559\uc740\ud589\uc774 9\uc6d4\uc5d0 **75bp**(0.75%\ud3ec\uc778\ud2b8)\ub77c\ub294 \ud070 \ud3ed\uc758 \uae08\ub9ac \uc778\ud558\ub85c \uc2dc\uc7a5\uc744 \ub180\ub77c\uac8c \ud588\ub358 \uc810\uc744 \uae30\uc5b5\ud560 \ud544\uc694\uac00 \uc788\ub2e4. \uadf8 \uc870\uce58\ub294 \uc131\uc7a5\uacfc \ubb3c\uac00\uac00 \ub454\ud654\ub418\ub294 \uc0c1\ud669\uc5d0\uc11c \uacbd\uae30\ub97c \ub5a0\ubc1b\uce58\ub824\ub294 \uc758\uc9c0\ub97c \ubcf4\uc5ec\uc92c\ub2e4. \uc9c0\uae08 \ucd94\uac00 \uc778\ud558\uac00 \ub098\uc628\ub2e4\uba74 \uadf8 \ud750\ub984\uacfc \ub9de\ub294\ub2e4.\n\n\ud30c\uc0dd\uc0c1\ud488(\uae30\ucd08\uc790\uc0b0\uc758 \uac00\uaca9\uc5d0 \ub530\ub77c \uac00\uce58\uac00 \ubcc0\ud558\ub294 \uae08\uc735\uc0c1\ud488) \uac70\ub798\uc790\ub77c\uba74, \uc774\ub7f0 \uc804\ub9dd\uc740 \ud2b9\ud788 \uc720\ub85c(EUR)\ub098 \ubbf8\uad6d \ub2ec\ub7ec(USD) \ub300\ube44 \uc988\uc6cc\ud2f0 \uc57d\uc138\uc5d0 \ub300\ube44\ud558\ub294 \uc804\ub7b5\uc744 \uc2dc\uc0ac\ud55c\ub2e4. EUR\/PLN \ucf5c\uc635\uc158(\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 **\ub9e4\uc218\ud560 \uad8c\ub9ac**\ub97c \uc0ac\ub294 \uc635\uc158)\uc744 \ub9e4\uc218\ud558\uba74 \uc988\uc6cc\ud2f0 \uac00\uce58 \ud558\ub77d(= EUR\/PLN \uc0c1\uc2b9)\uc5d0\uc11c \uc218\uc775\uc744 \ub178\ub9b4 \uc218 \uc788\ub2e4. \uc774 \ubc29\ubc95\uc740 \uc190\uc2e4\uc774 \uc635\uc158 \ud504\ub9ac\ubbf8\uc5c4(\uc635\uc158 \uac00\uaca9, **\uad8c\ub9ac\ub97c \uc0ac\uae30 \uc704\ud574 \ub0b4\ub294 \ube44\uc6a9**)\uc73c\ub85c \uc81c\ud55c\ub41c\ub2e4\ub294 \uc810\uc5d0\uc11c \uc704\ud5d8\uc774 \uc815\ud574\uc838 \uc788\ub2e4.\n\n\ub610\ud55c \ud5dd\uac00\ub9ac \uc911\uc559\uc740\ud589\uc758 \uc6c0\uc9c1\uc784\ub3c4 \uc911\uc694\ud558\ub2e4. \ud3f4\ub780\ub4dc\uac00 \uc608\uc0c1\ub300\ub85c \uae08\ub9ac\ub97c \ub0b4\ub9ac\uace0, \ud5dd\uac00\ub9ac\uac00 \uae08\ub9ac\ub97c \uc720\uc9c0\ud558\uac70\ub098 \uc778\ud558\ub97c \uba48\ucd98\ub2e4\ub294 \uc2e0\ud638\ub97c \uc8fc\uba74, \uc988\uc6cc\ud2f0\ub294 \ud3ec\ub9b0\ud2b8(HUF, \ud5dd\uac00\ub9ac \ud1b5\ud654)\ubcf4\ub2e4 \uc131\uacfc\uac00 \ub098\uc060 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4. \uc774\ub7f0 \uc0c1\ub300\uac00\uce58 \uac70\ub798(\ub450 \uc790\uc0b0\uc744 \ube44\uad50\ud574 **\uc0c1\ub300\uc801\uc73c\ub85c \ub354 \uac15\ud560\/\uc57d\ud560 \ucabd\uc5d0 \ubca0\ud305\ud558\ub294 \uac70\ub798**)\ub294 \uc815\ucc45 \ud68c\uc758 \uc804 \uba87 \uc8fc \ub3d9\uc548 \uae30\ud68c\uac00 \ub420 \uc218 \uc788\ub2e4.\n\n\n

VT Markets \ub77c\uc774\ube0c \uacc4\uc815\uc744 \ub9cc\ub4e4\uace0 \uc9c0\uae08 \ubc14\ub85c \uac70\ub798<\/a>\ub97c \uc2dc\uc791\ud558\uc138\uc694.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

\ud3f4\ub780\ub4dc 1\uc6d4 \uc9c0\ud45c \ub454\ud654\ub85c 3\uc6d4 25bp \uae08\ub9ac\uc778\ud558 \uae30\ub300\uac00 \uac15\ud654\ub410\ub2e4. \uc0b0\uc5c5\u00b7\uac74\uc124 \ubd80\uc9c4, PPI -2.6%\u00b7CPI 2.9%\ub85c \ub514\uc2a4\uc778\ud50c\ub808 \ub69c\ub837. \uc131\uc7a5\ub960 \ud558\ud5a5\uc5d0 \uc988\uc6cc\ud2f0 \uc57d\uc138\u00b7\uc635\uc158 \uc804\ub7b5 \uc8fc\ubaa9. – 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-38808","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\/38808","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=38808"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/38808\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=38808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=38808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=38808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}