{"id":40383,"date":"2026-03-10T17:43:33","date_gmt":"2026-03-10T17:43:33","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/bny%ec%9d%98-%eb%b0%a5-%ec%83%88%eb%b9%84%ec%a7%80%eb%8a%94-%ec%8b%a0%ec%a4%91%eb%a1%a0-%ec%86%8d%ec%97%90%ec%84%9c-%ec%9c%a0%eb%9f%bd%ec%a4%91%ec%95%99%ec%9d%80%ed%96%89ecb-%ea%b8%88%eb%a6%ac\/"},"modified":"2026-03-10T17:43:33","modified_gmt":"2026-03-10T17:43:33","slug":"bny%ec%9d%98-%eb%b0%a5-%ec%83%88%eb%b9%84%ec%a7%80%eb%8a%94-%ec%8b%a0%ec%a4%91%eb%a1%a0-%ec%86%8d%ec%97%90%ec%84%9c-%ec%9c%a0%eb%9f%bd%ec%a4%91%ec%95%99%ec%9d%80%ed%96%89ecb-%ea%b8%88%eb%a6%ac","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/bny%ec%9d%98-%eb%b0%a5-%ec%83%88%eb%b9%84%ec%a7%80%eb%8a%94-%ec%8b%a0%ec%a4%91%eb%a1%a0-%ec%86%8d%ec%97%90%ec%84%9c-%ec%9c%a0%eb%9f%bd%ec%a4%91%ec%95%99%ec%9d%80%ed%96%89ecb-%ea%b8%88%eb%a6%ac\/","title":{"rendered":"BNY\uc758 \ubc25 \uc0c8\ube44\uc9c0\ub294 \uc2e0\uc911\ub860 \uc18d\uc5d0\uc11c \uc720\ub7fd\uc911\uc559\uc740\ud589(ECB) \uae08\ub9ac \uc778\uc0c1\uc5d0 \ub300\ud55c \ud2b8\ub808\uc774\ub354\ub4e4\uc758 \uae30\ub300\uac00 \ub0ae\uc544\uc9c0\ub294 \uac83\uc744 \uad00\ucc30\ud588\ub2e4"},"content":{"rendered":"\uc5d0\ub108\uc9c0 \uac00\uaca9\uc774 \ud558\ub77d\ud558\uba74\uc11c, \uc774\ub780\uc774 \uad00\ub828\ub41c \ubd84\uc7c1\uc774 \uc608\uc0c1\ubcf4\ub2e4 \ube68\ub9ac \ub05d\ub0a0 \uc218 \uc788\ub2e4\ub294 \uae30\ub300\uac00 \ucee4\uc84c\uace0 \uadf8 \uc601\ud5a5\uc73c\ub85c \uba38\ub2c8\ub9c8\ucf13(\ub2e8\uae30 \uc790\uae08\uc774 \uac70\ub798\ub418\ub294 \uc2dc\uc7a5)\uc740 \uc720\ub7fd\uc911\uc559\uc740\ud589(ECB)\uc758 \uae08\ub9ac \uc778\uc0c1(\uae30\uc900\uae08\ub9ac\ub97c \uc62c\ub9ac\ub294 \uac83) \uc804\ub9dd\uc744 \ub0ae\ucdc4\ub2e4. \uae08\ub9ac \uc2a4\uc651(\ubbf8\ub798 \uae08\ub9ac\ub97c \ub450\uace0 \uace0\uc815\uae08\ub9ac\uc640 \ubcc0\ub3d9\uae08\ub9ac\ub97c \uad50\ud658\ud558\ub294 \uacc4\uc57d)\uc740 \uc5f0\ub9d0\uae4c\uc9c0 ECB\uac00 \uc57d 22bp(\ubca0\uc774\uc2dc\uc2a4\ud3ec\uc778\ud2b8, 0.01%p) \uc778\uc0c1\ud560 \uac83\uc73c\ub85c \ubc18\uc601\ud558\uace0 \uc788\ub294\ub370, \uc774\ub294 \uc6d4\uc694\uc77c\uc758 33bp\uc5d0\uc11c \ub0b4\ub824\uc628 \uac83\uc774\ub2e4. \ub610\ud55c 6\uc6d4\uc5d0 \uae08\ub9ac\ub97c \uc62c\ub9b4 \uac00\ub2a5\uc131\uc740 50% \ubbf8\ub9cc\uc784\uc744 \uc2dc\uc0ac\ud55c\ub2e4.\n\nECB \uc815\ucc45\uacb0\uc815 \uae30\uad6c\uc778 Governing Council(\ud1b5\ud654\uc815\ucc45\uc744 \uacb0\uc815\ud558\ub294 \uc774\uc0ac\ud68c) \uc704\uc6d0 \uac8c\ub514\ubbf8\ub098\uc2a4 \uc2ec\ucfe0\uc2a4\ub294, \uc774\ub780\uacfc \uad00\ub828\ub41c \uc0ac\uac74\uc5d0 \ub300\ud574 \uc815\ucc45\ub2f9\uad6d\uc774 \uce68\ucc29\ud574\uc57c \ud558\uba70 \uacfc\uc789 \ubc18\uc751\ud558\uc9c0 \ub9d0\uc544\uc57c \ud55c\ub2e4\uace0 \ub9d0\ud588\ub2e4. \uadf8\ub294 \ub354 \uc2ec\uac01\ud55c \uc704\uae30(\uc0c1\ud669\uc774 \ud06c\uac8c \uc545\ud654\ub418\ub294 \uac83)\uac00 \uc0dd\uae30\uba74 \ubb3c\uac00\uc640 \uc131\uc7a5(\uacbd\uc81c\uac00 \ucee4\uc9c0\ub294 \uc18d\ub3c4)\uc5d0 \uc601\ud5a5\uc744 \uc904 \uc218 \uc788\ub2e4\uace0\ub3c4 \ud588\ub2e4.\n\n<h3>\uc9c0\uc815\ud559 \ub274\uc2a4\uc5d0 \ub530\ub978 \uc2dc\uc7a5 \uac00\uaca9 \ubcc0\ud654<\/h3>\n\uac8c\uc624\ub974\ud06c \ubb90\ub7ec\ub294 \ucd5c\uadfc \uae08\ub9ac \uc778\uc0c1 \uac00\ub2a5\uc131\uc774 \ub192\uc544\uc84c\ub2e4\uace0 \ub9d0\ud588\uc9c0\ub9cc, \ube60\ub978 \uacb0\uc815\uc744 \ub0b4\ub9ac\ub294 \uac83\uc5d0\ub294 \ubc18\ub300\ud588\ub2e4. \uc774 \uae30\uc0ac\ub294 AI \ub3c4\uad6c(\uc778\uacf5\uc9c0\ub2a5\uc744 \ud65c\uc6a9\ud55c \uc791\uc131 \ub3c4\uad6c)\uc758 \ub3c4\uc6c0\uc744 \ubc1b\uc544 \uc791\uc131\ub410\uace0, \ud3b8\uc9d1\uc790\uac00 \ud655\uc778\ud588\ub2e4.\n\n\uc6b0\ub9ac\ub294 2025\ub144\uc5d0\ub3c4 \uadf8\ub7ac\ub358 \uac83\ucc98\ub7fc, \uc2dc\uc7a5\uc758 \uae30\ub300\uac00 \uc5bc\ub9c8\ub098 \ube68\ub9ac \ubc14\ub014 \uc218 \uc788\ub294\uc9c0 \ubcf4\uace0 \uc788\ub2e4. \ub2f9\uc2dc \uba38\ub2c8\ub9c8\ucf13\uc740 \uc5d0\ub108\uc9c0 \uac00\uaca9\uc774 \ud558\ub77d\ud558\uace0 \uc774\ub780\uc758 \uae34\uc7a5\uc774 \uc644\ud654(de-escalation, \uac08\ub4f1 \uac15\ub3c4\uac00 \ub0ae\uc544\uc9c0\ub294 \uac83)\ub420 \uc218 \uc788\ub2e4\ub294 \uae30\ub300\uac00 \ucee4\uc9c0\uc790, ECB\uc758 \uae34\ucd95(tightening, \uae08\ub9ac\ub97c \uc62c\ub9ac\uac70\ub098 \uc720\ub3d9\uc131\uc744 \uc904\uc5ec \uacbd\uae30\ub97c \uc2dd\ud788\ub294 \uc815\ucc45) \uc804\ub9dd\uc744 \uc815\ud655\ud788 \ub0ae\ucdb0 \ubc18\uc601\ud588\ub2e4. \uc774\ub7f0 \ubc29\ud5a5 \uc804\ud658\uc740 \uae08\ub9ac \uc804\ub9dd\uc774 \uc9c0\uc815\ud559 \ub274\uc2a4(\uad6d\uac00 \uac04 \uac08\ub4f1\u00b7\uc804\uc7c1 \uac19\uc740 \uad6d\uc81c \uc815\uc138)\uc5d0 \ub9e4\uc6b0 \ubbfc\uac10\ud558\ub2e4\ub294 \uc810\uc744 \ubcf4\uc5ec\uc92c\ub2e4.\n\n\uc624\ub298\uc740 \uc720\ub85c\uc874(Eurozone, \uc720\ub85c\ud654\ub97c \uc4f0\ub294 \uad6d\uac00\ub4e4) \ubb3c\uac00\uc0c1\uc2b9\ub960\uc774 \uc720\ub7fd \ud1b5\uacc4\uae30\uad00\uc778 \uc720\ub85c\uc2a4\ud0c0\ud2b8(Eurostat)\uc5d0 \uc758\ud574 2\uc6d4 2.4%\ub85c \ubc1c\ud45c\ub418\uba74\uc11c, \uc0c1\ud669\uc774 \ub35c \uc694\ub3d9\uce58\uc9c0\ub9cc \uc5ec\uc804\ud788 \ubd88\ud655\uc2e4\ud558\ub2e4. \ube0c\ub80c\ud2b8\uc720(Brent crude, \uad6d\uc81c \uc6d0\uc720 \uac00\uaca9\uc758 \ub300\ud45c \uae30\uc900\uc720)\ub294 \ubc30\ub7f4\ub2f9 \uc57d 82\ub2ec\ub7ec \uadfc\ucc98\uc5d0\uc11c \uc548\uc815\ub418\uba70, \uc791\ub144\uc5d0 \ubd24\ub358 \ud070 \ucda9\uaca9 \uc694\uc778\uc740 \uc904\uc5c8\ub2e4. \uc774\ub294 2025\ub144\uc5d0 \uacaa\uc5c8\ub358 \uac11\uc791\uc2a4\ub7ec\uc6b4 \ubcc0\ud654\uc640 \ub2ec\ub9ac, ECB\uc758 \ud5a5\ud6c4 \uacbd\ub85c\uc5d0 \ub354 \uc608\uce21 \uac00\ub2a5\ud55c \ubc30\uacbd\uc744 \uc81c\uacf5\ud55c\ub2e4.\n\n\uc791\ub144\uc758 \uc778\uc0c1 \ub17c\uc7c1\uacfc \ub2ec\ub9ac, \uc2a4\uc651\uc740 \uc774\uc81c 2026\ub144 9\uc6d4\uae4c\uc9c0 25bp \uae08\ub9ac \uc778\ud558(\uae30\uc900\uae08\ub9ac\ub97c \ub0b4\ub9ac\ub294 \uac83)\ub97c \ubc18\uc601\ud558\uace0 \uc788\ub2e4. ECB \uad00\uacc4\uc790\ub4e4\uc740 \uc55e\uc73c\ub85c\uc758 \uc6c0\uc9c1\uc784\uc774 \ub370\uc774\ud130\uc5d0 \ub2ec\ub824 \uc788\ub2e4(data-dependent, \uacbd\uc81c \uc9c0\ud45c \uacb0\uacfc\uc5d0 \ub530\ub77c \uacb0\uc815)\ub294 \uc810\uc744 \uac15\uc870\ud558\uba70, \uc678\ubd80 \ucda9\uaca9\ubcf4\ub2e4 \uc784\uae08 \uc0c1\uc2b9\ub960(\uadfc\ub85c\uc790 \uc784\uae08\uc774 \uc624\ub974\ub294 \uc18d\ub3c4) \uc9c0\ud45c\uc5d0 \ucd08\uc810\uc744 \ub9de\ucd94\uace0 \uc788\ub2e4. \uc9c0\uc815\ud559 \ubc18\uc751\uc5d0\uc11c \ub0b4\ubd80 \uacbd\uc81c \ub370\uc774\ud130\ub85c \uc911\uc2ec\uc774 \uc62e\uaca8\uac04 \uac83\uc740 2025\ub144\uacfc \ub2ec\ub77c\uc9c4 \ud575\uc2ec \ubcc0\ud654\ub2e4.\n\n<h3>\uc608\uc0c1 \ubc16 ECB \uacb0\uc815\uc5d0 \ub300\ube44\ud55c \uc635\uc158 \uc804\ub7b5<\/h3>\n\ud604\uc7ac\uc758 \uc548\uc815\ub41c \ubd84\uc704\uae30\ub97c \uace0\ub824\ud558\uba74, \uc6b0\ub9ac\ub294 \ud2b8\ub808\uc774\ub354(\ub2e8\uae30 \ub9e4\ub9e4\uc790)\uac00 \ub2e8\uae30 \uc720\ub85c \uae08\ub9ac \uc120\ubb3c(short-term euro interest rate futures, \uc720\ub85c \uae08\ub9ac \uc218\uc900\uc5d0 \uc5f0\ub3d9\ub41c \uc120\ubb3c \uacc4\uc57d)\uc5d0 \ub300\ud574 \uc800\ub834\ud55c \uc635\uc158(options, \ubbf8\ub798\uc5d0 \uc815\ud574\uc9c4 \uac00\uaca9\uc73c\ub85c \uc0ac\uace0\ud314 \uc218 \uc788\ub294 \uad8c\ub9ac) \ub9e4\uc218\ub97c \uac80\ud1a0\ud574\uc57c \ud55c\ub2e4\uace0 \ubcf8\ub2e4. VSTOXX \uc9c0\uc218(VSTOXX index, \uc720\ub85c\uc874 \uc8fc\uc2dd\uc2dc\uc7a5\uc758 \ubcc0\ub3d9\uc131 \uc815\ub3c4\ub97c \ub098\ud0c0\ub0b4\ub294 \uc9c0\ud45c)\ub294 \ud604\uc7ac 12\uac1c\uc6d4 \ucd5c\uc800\uce58\uc778 13.5 \uadfc\ucc98\uc5d0\uc11c \uac70\ub798\ub418\uace0 \uc788\ub294\ub370, \uc774\ub294 \uc2dc\uc7a5\uc774 \ubc29\uc2ec(\uc704\ud5d8\uc744 \ub0ae\uac8c \ubd04)\ud558\uace0 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud558\uba70 \uc635\uc158\uc774 \uc0c1\ub300\uc801\uc73c\ub85c \uc2f8\ub2e4\ub294 \ub73b\uc774\ub2e4. \uc774 \uc804\ub7b5\uc740 \uc784\uae08 \ub370\uc774\ud130\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ub192\uac8c \ub098\uc624\uba74(\ubb3c\uac00 \uc555\ub825\uc774 \ucee4\uc9c8 \uc218 \uc788\uc74c) ECB\uac00 \uc2dc\uc7a5 \uc608\uc0c1\uacfc \ub2e4\ub978 \uacb0\uc815\uc744 \ud560 \uac00\ub2a5\uc131\uc5d0 \ub300\ube44\ud558\uac8c \ud574\uc8fc\uba70, \uc774\ub294 2025\ub144\uc758 \uae09\uaca9\ud55c \uc7ac\ud3c9\uac00(repricing, \uc2dc\uc7a5 \uac00\uaca9\uc774 \uc9e7\uc740 \uc2dc\uac04\uc5d0 \ud06c\uac8c \ub2e4\uc2dc \ub9e4\uaca8\uc9c0\ub294 \ud604\uc0c1)\uc5d0\uc11c \uc5bb\uc740 \uad50\ud6c8\uc774\ub2e4.\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>\ud575\uc2ec\uc740 \u2018\uc9c0\uc815\ud559\u2192\uae08\ub9ac\u2019 \uae09\ubcc0: \uc5d0\ub108\uc9c0 \uac00\uaca9 \ud558\ub77d\uacfc \uc774\ub780 \uae34\uc7a5 \uc644\ud654 \uae30\ub300\uc5d0 ECB \uc778\uc0c1 \ubca0\ud305\uc774 33bp\u219222bp\ub85c \ucd95\uc18c. ECB\ub294 \uce68\ucc29\u00b7\ub370\uc774\ud130(\uc784\uae08) \uc911\uc2ec. \ub0ae\uc740 \ubcc0\ub3d9\uc131 \uc18d \uc800\ube44\uc6a9 \uc635\uc158\uc73c\ub85c \uae5c\uc9dd \ubcc0\ub3d9 \ub300\ube44. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":103,"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-40383","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\/40383","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\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=40383"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/40383\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=40383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=40383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=40383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}