{"id":41999,"date":"2026-03-20T13:48:27","date_gmt":"2026-03-20T13:48:27","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ec%9c%a0%eb%9f%bd-%ea%b1%b0%eb%9e%98-%ec%8b%9c%ea%b0%84-%eb%8f%99%ec%95%88-ecb-%ea%b4%80%ea%b3%84%ec%9e%90-%eb%b9%8c%eb%a5%b4%eb%a3%a8%ec%95%84-%eb%93%9c-%ea%b0%88%eb%a1%9c%ec%99%80-%eb%ae%90\/"},"modified":"2026-03-20T13:48:27","modified_gmt":"2026-03-20T13:48:27","slug":"%ec%9c%a0%eb%9f%bd-%ea%b1%b0%eb%9e%98-%ec%8b%9c%ea%b0%84-%eb%8f%99%ec%95%88-ecb-%ea%b4%80%ea%b3%84%ec%9e%90-%eb%b9%8c%eb%a5%b4%eb%a3%a8%ec%95%84-%eb%93%9c-%ea%b0%88%eb%a1%9c%ec%99%80-%eb%ae%90","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ec%9c%a0%eb%9f%bd-%ea%b1%b0%eb%9e%98-%ec%8b%9c%ea%b0%84-%eb%8f%99%ec%95%88-ecb-%ea%b4%80%ea%b3%84%ec%9e%90-%eb%b9%8c%eb%a5%b4%eb%a3%a8%ec%95%84-%eb%93%9c-%ea%b0%88%eb%a1%9c%ec%99%80-%eb%ae%90\/","title":{"rendered":"\uc720\ub7fd \uac70\ub798 \uc2dc\uac04 \ub3d9\uc548 ECB \uad00\uacc4\uc790 \ube4c\ub974\ub8e8\uc544 \ub4dc \uac08\ub85c\uc640 \ubb90\ub7ec\ub294 \uc18c\ud3ed \ub192\uc544\uc9c4 \uc778\ud50c\ub808\uc774\uc158\uacfc \uc9c0\uc815\ud559\uc801 \ubd88\ud655\uc2e4\uc131\uc5d0 \ub300\ud574 \ub17c\uc758\ud588\ub2e4."},"content":{"rendered":"\uc720\ub7fd \uac70\ub798 \uc2dc\uac04 \ub3d9\uc548, ECB(\uc720\ub7fd\uc911\uc559\uc740\ud589: \uc720\ub85c\uc874\uc758 \uae30\uc900\uae08\ub9ac\ub97c \uc815\ud558\uace0 \ud1b5\ud654\uc815\ucc45\uc744 \uc6b4\uc601\ud558\ub294 \uc911\uc559\uc740\ud589) \uad00\uacc4\uc790 \ud504\ub791\uc218\uc544 \ube4c\ub974\ub8e8\uc544 \ub4dc \uac08\ub85c\uc640 \ub9c8\ub514\uc2a4 \ubb90\ub7ec\uac00 \uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00\uac00 \uc804\ubc18\uc801\uc73c\ub85c \uc624\ub974\ub294 \ud604\uc0c1)\uacfc \uc9c0\uc815\ud559\uc801 \ubd88\ud655\uc2e4\uc131(\uc804\uc7c1\u00b7\ubd84\uc7c1\u00b7\uad6d\uac00 \uac04 \uac08\ub4f1 \ub4f1\uc73c\ub85c \uacbd\uc81c \uc804\ub9dd\uc774 \ud754\ub4e4\ub9ac\ub294 \uc0c1\ud669)\uc5d0 \ub300\ud574 \ubc1c\uc5b8\ud588\ub2e4. \ube4c\ub974\ub8e8\uc544 \ub4dc \uac08\ub85c\ub294 ECB\uac00 \uacc4\uc18d \uacbd\uacc4\ub97c \ub2a6\ucd94\uc9c0 \uc54a\uaca0\ub2e4\uace0 \ud588\uace0, \ubd88\ud655\uc2e4\uc131\uc774 \uc788\uc73c\uba70, \ud544\uc694\ud558\uba74 \uc870\uce58(\uc815\ucc45 \ubcc0\uacbd)\ub97c \ud560 \uc218 \uc788\ub2e4\uace0 \ub9d0\ud588\ub2e4.\n\n\ubb90\ub7ec\ub294 \ud604\uc7ac \uc0c1\ud669\uc774 \uc804\ub840 \uc5c6\ub294 \uac83\uc740 \uc544\ub2c8\uba70 \uc778\ud50c\ub808\uc774\uc158\uc774 \uc544\ub9c8 \uc870\uae08 \ub354 \ub192\uc544\uc9c8 \uac83\uc774\ub77c\uace0 \ub9d0\ud588\ub2e4. \uc774\ub7f0 \ubc1c\uc5b8\uc740 ECB \ube14\ub799\uc544\uc6c3 \uae30\uac04(\uc815\ucc45 \ud68c\uc758 \uc804\ud6c4 \uc77c\uc815 \uae30\uac04 \ub3d9\uc548 \uad00\uacc4\uc790\ub4e4\uc774 \uc2dc\uc7a5\uc5d0 \uc601\ud5a5\uc744 \uc904 \uc218 \uc788\ub294 \ubc1c\uc5b8\uc744 \uc790\uc81c\ud558\ub294 \uae30\uac04) \uc885\ub8cc \uc774\ud6c4\uc5d0 \ub098\uc654\ub2e4.\n\n<h3>\uc720\ub85c \ubc18\uc751 \ubc0f \uc815\ucc45 \uc2e0\ud638<\/h3>\n\uc5ec\ub7ec ECB \uad00\uacc4\uc790\uc758 \ubc1c\uc5b8 \uc774\ud6c4 \uc720\ub85c\ud654\ub294 \ucc98\uc74c\uc5d0 \uac15\uc138\ub97c \ubcf4\uc600\ub2e4. \uc791\uc131 \uc2dc\uc810 \uae30\uc900\uc73c\ub85c EUR\/USD(\uc720\ub85c\/\ub2ec\ub7ec \ud658\uc728)\ub294 \uc7a5\uc911 \uc800\uc810 1.1552\uc5d0\uc11c \ubc18\ub4f1\ud55c \ub4a4 1.1572 \ubd80\uadfc\uc5d0\uc11c 0.14% \ud558\ub77d\ud574 \uc788\uc5c8\ub2e4.\n\n\uc720\ub7fd\uc911\uc559\uc740\ud589(ECB)\uc740 \ub3c5\uc77c \ud504\ub791\ud06c\ud478\ub974\ud2b8\uc5d0 \ubcf8\ubd80\uac00 \uc788\uc73c\uba70, \uc720\ub85c\uc874(\uc720\ub85c\ud654\ub97c \uc4f0\ub294 \uad6d\uac00\ub4e4)\uc758 \uae08\ub9ac\uc640 \ud1b5\ud654\uc815\ucc45\uc744 \uacb0\uc815\ud55c\ub2e4. \ubaa9\ud45c\ub294 \ubb3c\uac00 \uc548\uc815\uc774\uba70, \uc778\ud50c\ub808\uc774\uc158\uc744 2% \uc548\ud30e\uc73c\ub85c \uc720\uc9c0\ud558\ub294 \uac83\uc774\ub2e4. ECB\ub294 1\ub144\uc5d0 8\ubc88 \ud68c\uc758\ub97c \uc5f0\ub2e4.\n\n\uc591\uc801\uc644\ud654(QE: \uc911\uc559\uc740\ud589\uc774 \ub3c8\uc744 \ub9cc\ub4e4\uc5b4 \uad6d\ucc44\ub098 \ud68c\uc0ac\ucc44 \uac19\uc740 \ucc44\uad8c\uc744 \uc0ac\ub4e4\uc5ec \uc2dc\uc7a5\uc5d0 \ub3c8\uc744 \ud480\uc5b4 \uacbd\uae30\ub97c \ub5a0\ubc1b\uce58\ub294 \uc815\ucc45)\uc5d0\uc11c\ub294 ECB\uac00 \uc720\ub85c\ud654\ub97c \ub9cc\ub4e4\uc5b4 \uc815\ubd80\ucc44\ub098 \ud68c\uc0ac\ucc44 \uac19\uc740 \uc790\uc0b0\uc744 \ub9e4\uc785\ud558\ub294\ub370, \uc774\ub294 \ubcf4\ud1b5 \uc720\ub85c\ud654 \uc57d\uc138\ub85c \uc774\uc5b4\uc9c4\ub2e4. \uc591\uc801\uae34\ucd95(QT: \uc591\uc801\uc644\ud654\ub97c \ub418\ub3cc\ub9ac\ub294 \uc815\ucc45\uc73c\ub85c, \ucc44\uad8c \ub9e4\uc785\uc744 \uba48\ucd94\uace0 \ub9cc\uae30 \ub3c4\ub798 \uc790\uae08\uc744 \ub2e4\uc2dc \ud22c\uc790\ud558\uc9c0 \uc54a\uc544 \uc2dc\uc7a5\uc758 \ub3c8\uc744 \uc904\uc774\ub294 \ubc29\uc2dd)\uc740 \ubcf4\ud1b5 \uc720\ub85c\ud654\uc5d0 \uae0d\uc815\uc801\uc73c\ub85c \uc791\uc6a9\ud55c\ub2e4.\n\n2025\ub144 \ucd08\ub97c \ubcf4\uba74, ECB \uad00\uacc4\uc790\ub4e4\uc774 \ubd88\ud655\uc2e4\uc131 \uc18d\uc5d0\uc11c \uacbd\uacc4\ud558\uaca0\ub2e4\ub294 \ud45c\ud604\uc744 \uc37c\ub294\ub370 \uc774\ub294 \uc775\uc219\ud55c \ud1a4\uc774\ub2e4. \ub2f9\uc2dc \uc2dc\uc7a5\uc740 \uc815\ucc45 \uc815\uc0c1\ud654(\ucd08\uc800\uae08\ub9ac\u00b7\ub300\uaddc\ubaa8 \uc644\ud654\uc5d0\uc11c \ubc97\uc5b4\ub098 \uae08\ub9ac\uc640 \uc815\ucc45\uc744 \u2018\ud3c9\uc0c1\uc2dc\u2019\ucc98\ub7fc \ub3cc\ub9ac\ub294 \uacfc\uc815)\uc758 \ucd08\uae30 \ub2e8\uacc4\uc5d0 \ubc18\uc751\ud558\uace0 \uc788\uc5c8\uc9c0\ub9cc, 2026\ub144 3\uc6d4 20\uc77c\uc778 \uc9c0\uae08\uc740 \uc0c1\ud669\uc774 \ud6e8\uc52c \ub354 \uc9c4\ud589\ub3fc \uc788\ub2e4. \uc774 \ub54c\ubb38\uc5d0 \uc2dc\uc7a5\uc774 \uc5c7\uac08\ub9ac\ub294 \uacbd\uc81c \uc2e0\ud638\ub97c \uc800\uc6b8\uc9c8\ud558\uba74\uc11c \uc720\ub85c\ud654\ub294 \uc911\uc694\ud55c \ubd84\uae30\uc810\uc5d0 \ub193\uc5ec \uc788\ub2e4.\n\n<h3>\uc778\ud50c\ub808\uc774\uc158, \uc131\uc7a5, \ubcc0\ub3d9\uc131<\/h3>\n\uc624\ub298 \uae30\uc900\uc73c\ub85c ECB\uc758 \uc608\uae08\uae08\ub9ac(\uc740\ud589\uc774 ECB\uc5d0 \ub3c8\uc744 \ub9e1\uae38 \ub54c \uc801\uc6a9\ub418\ub294 \uae08\ub9ac) \ub294 3.25%\ub2e4. \uc774 \uc218\uc900\uc740 \uba87 \ub144 \uc804\uc758 \uc2ec\uac01\ud55c \uc778\ud50c\ub808\uc774\uc158\uc744 \ud06c\uac8c \uc9c4\uc815\uc2dc\ud0a4\ub294 \ub370 \ub3c4\uc6c0\uc774 \ub410\ub2e4. \ud558\uc9c0\ub9cc \uc720\ub85c\uc2a4\ud0c0\ud2b8\uc758 \ucd5c\uc2e0 \uc18d\ubcf4\uce58(\uc815\uc2dd \ud1b5\uacc4 \uc804\uc5d0 \uba3c\uc800 \ubc1c\ud45c\ud558\ub294 \ucd94\uc815\uce58)\ub294 \ud5e4\ub4dc\ub77c\uc778 \uc778\ud50c\ub808\uc774\uc158(\uc5d0\ub108\uc9c0\u00b7\uc2dd\ud488 \ub4f1 \ubcc0\ub3d9\uc774 \ud070 \ud56d\ubaa9\uae4c\uc9c0 \ud3ec\ud568\ud55c \uc804\uccb4 \ubb3c\uac00\uc0c1\uc2b9\ub960)\uc774 2.8%\ub85c \uc27d\uac8c \ub0b4\ub824\uc624\uc9c0 \uc54a\uc73c\uba70, \uc911\uc559\uc740\ud589 \ubaa9\ud45c 2%\ub97c \uc5ec\uc804\ud788 \uc6c3\ub3c8\ub2e4\uace0 \ubcf4\uc5ec\uc900\ub2e4. \uc774\ub7f0 \uc9c0\uc18d\uc131 \ub54c\ubb38\uc5d0 ECB\uac00 \ub2f9\uc7a5 \uc815\ucc45 \uc804\ud658(\uae08\ub9ac \uc778\ud558 \ub4f1 \ubc29\ud5a5\uc744 \ubc14\uafb8\ub294 \uac83) \uc2e0\ud638\ub97c \ub0b4\uae30 \uc5b4\ub835\ub2e4.\n\n\ub3d9\uc2dc\uc5d0 \uacbd\uae30 \ub454\ud654 \uc2e0\ud638\ub3c4 \ub69c\ub837\ud558\ub2e4. \uc720\ub85c\uc874 \uc81c\uc870\uc5c5 PMI(\uad6c\ub9e4\uad00\ub9ac\uc790\uc9c0\uc218: \uae30\uc5c5 \uc124\ubb38\uc73c\ub85c \uacbd\uae30 \ud750\ub984\uc744 \ube60\ub974\uac8c \ubcf4\uc5ec\uc8fc\ub294 \uc9c0\ud45c\ub85c, 50\uc744 \uae30\uc900\uc73c\ub85c \uadf8 \uc774\uc0c1\uc740 \ud655\uc7a5, \uadf8 \uc774\ud558\ub294 \uc704\ucd95\uc744 \ub73b\ud568)\uac00 49.5\ub85c \ub0b4\ub824\uc624\uba70 \uc18c\ud3ed \uc704\ucd95\uc744 \ub098\ud0c0\ub0c8\ub2e4. \uc774\ub294 \uc911\uc559\uc740\ud589\uc774 \u2018\ub9c8\uc9c0\ub9c9 \uad6c\uac04\uc758 \uc778\ud50c\ub808\uc774\uc158\u2019\uc744 \uc7a1\ub294 \uac83\uacfc \ub354 \ud070 \uacbd\uae30 \uce68\uccb4\ub97c \ud53c\ud558\ub294 \uac83 \uc0ac\uc774\uc5d0\uc11c \uac08\ub4f1\ud558\ub294 \uc804\ud615\uc801\uc778 \ub51c\ub808\ub9c8\ub2e4. \uc774\ub7f0 \ub9dd\uc124\uc784\uc740 \ud5a5\ud6c4 \uba87 \uc8fc \ub3d9\uc548 \ud1b5\ud654 \uc635\uc158 \uac00\uaca9\uc744 \uc6c0\uc9c1\uc774\ub294 \ud575\uc2ec \uc694\uc778\uc774\ub2e4.\n\n\ub048\uc9c8\uae34 \uc778\ud50c\ub808\uc774\uc158\uacfc \uc57d\ud574\uc9c0\ub294 \uc131\uc7a5\uc758 \uc5c7\uac08\ub9bc\uc740 EUR\/USD \uc635\uc158 \uc2dc\uc7a5\uc5d0\uc11c \ub192\uc740 \ub0b4\uc7ac\ubcc0\ub3d9\uc131(\uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \u2018\uc55e\uc73c\ub85c\uc758 \ubcc0\ub3d9\uc131 \uc608\uc0c1\uce58\u2019)\uc744 \ub9cc\ub4e4\uace0 \uc788\ub2e4. \uc635\uc158 \uc2dc\uc7a5\uc740 1.0850 \ubd80\uadfc\uc5d0\uc11c \uac70\ub798\ub418\uace0 \uc788\ub2e4. \ud2b8\ub808\uc774\ub354\ub294 1\uac1c\uc6d4 \ub9ac\uc2a4\ud06c \ub9ac\ubc84\uc124(\uac19\uc740 \ub9cc\uae30\uc758 \ucf5c\uc635\uc158\uacfc \ud48b\uc635\uc158 \uac00\uaca9 \ucc28\uc774\ub85c \uc0c1\uc2b9\u00b7\ud558\ub77d \ucabd \uc218\uc694\uac00 \ub354 \ud070\uc9c0 \ubcf4\uc5ec\uc8fc\ub294 \uc9c0\ud45c)\uc774 \ud604\uc7ac \uc57d\ud55c \ud558\ub77d \ud3b8\ud5a5\uc744 \ubcf4\uc778\ub2e4\ub294 \uc810\uc5d0 \uc8fc\ubaa9\ud560 \ud544\uc694\uac00 \uc788\ub2e4. \uc774\ub294 \ub9e4\ud30c(\ubb3c\uac00 \uc5b5\uc81c\ub97c \uc704\ud574 \uae08\ub9ac\ub97c \uc62c\ub9ac\uac70\ub098 \ub192\uac8c \uc720\uc9c0\ud558\ub824\ub294 \uc131\ud5a5) \uc2e4\uc218\ubcf4\ub2e4 \ube44\ub458\uae30\ud30c(\uacbd\uae30 \ubd80\uc591\uc744 \uc704\ud574 \uae08\ub9ac\ub97c \ub0b4\ub9ac\uac70\ub098 \uc644\ud654\ub97c \uc120\ud638\ud558\ub294 \uc131\ud5a5) \uc2e4\uc218\uc5d0 \ub300\ud55c \ub450\ub824\uc6c0\uc774 \uc870\uae08 \ub354 \ud06c\ub2e4\ub294 \ub73b\uc774\ub2e4. \uc774\ub294 ECB\uac00 \ubb3c\uac00 \ubaa9\ud45c\ub97c \uc9c0\ud0a4\ub824 \ud560 \uac83\uc774\ub77c\uace0 \ubcf4\ub294 \uc0ac\ub78c\uc5d0\uac8c \uae30\ud68c\uac00 \ub420 \uc218 \uc788\ub2e4.\n\nECB\uac00 \ub454\ud654\ud558\ub294 \uacbd\uae30\ub97c \ub2e4\ub904\uc57c \ud574\uc11c \ube44\ub458\uae30\ud30c \uc804\ud658\uc744 \ud560 \uac83\uc774\ub77c\uace0 \uc608\uc0c1\ud55c\ub2e4\uba74, \uc678\uac00\uaca9(out-of-the-money: \ud604\uc7ac \ud658\uc728 \uae30\uc900\uc73c\ub85c \ub2f9\uc7a5 \ud589\uc0ac\ud558\uba74 \uc774\uc775\uc774 \ub098\uc9c0 \uc54a\ub294) \uc720\ub85c \ud48b(\ud48b\uc635\uc158: \uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \ud314 \uc218 \uc788\ub294 \uad8c\ub9ac) \ub9e4\uc218\ub294 \uc190\uc2e4 \ud55c\ub3c4\uac00 \uc815\ud574\uc9c4(\uc635\uc158 \ud504\ub9ac\ubbf8\uc5c4\ub9cc \uc783\ub294) \ubc29\uc2dd\uc73c\ub85c \ube44\ub458\uae30\ud30c \uc804\ud658\uc5d0 \ub300\ube44\ud558\ub294 \ubc29\ubc95\uc774\ub2e4. \ubc18\ub300\ub85c \ud5a5\ud6c4 \uc778\ud50c\ub808\uc774\uc158 \uc9c0\ud45c\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ub192\uac8c \ub098\uc624\uba74, \ub2e8\uae30 \ucf5c\uc635\uc158(\ucf5c\uc635\uc158: \uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \uc0b4 \uc218 \uc788\ub294 \uad8c\ub9ac)\uc774 \ub2e4\uc74c \ud68c\uc758\uc5d0\uc11c\uc758 \ub9e4\ud30c\uc801 \ubc1c\uc5b8\uc5d0 \ub300\ud55c \ub808\ubc84\ub9ac\uc9c0(\uc801\uc740 \ub3c8\uc73c\ub85c \ud070 \ub178\ucd9c\uc744 \ub9cc\ub4dc\ub294 \ud6a8\uacfc)\ub97c \uc81c\uacf5\ud560 \uc218 \uc788\ub2e4. \ub610\ud55c \uc911\uc559\uc740\ud589\uc758 \uc5b4\ub824\uc6b4 \ucc98\uc9c0\ub97c \uace0\ub824\ud558\uba74, \ubcc0\ub3d9\uc131 \uc0c1\uc2b9\uc73c\ub85c \uc774\uc775\uc744 \ub178\ub9ac\ub294 \uc804\ub7b5(\uc608: \ub871 \uc2a4\ud2b8\ub798\ub4e4: \uac19\uc740 \ub9cc\uae30\u00b7\uac19\uc740 \ud589\uc0ac\uac00\uc758 \ucf5c\uacfc \ud48b\uc744 \ud568\uaed8 \uc0ac\uc11c \ud070 \ubc29\ud5a5\uc131 \uc6c0\uc9c1\uc784\uc5d0 \ubca0\ud305\ud558\ub294 \uc804\ub7b5)\ub3c4 \uc2e0\uc911\ud55c \uc120\ud0dd\uc774 \ub420 \uc218 \uc788\ub2e4.\n\n\ud604\ubb3c \ud658\uc728 \uc2dc\uc7a5(\uc989\uc2dc \uacb0\uc81c\ub418\ub294 \ud658\uc804 \uac70\ub798 \uc2dc\uc7a5)\uc744 \ub118\uc5b4, \uae08\ub9ac \ud30c\uc0dd\uc0c1\ud488(\uae30\ucd08\uc790\uc0b0\uc774 \uae08\ub9ac\uc778 \uacc4\uc57d)\uc5d0\uc11c\ub3c4 \uac70\ub798\uac00 \ub298\uace0 \uc788\uc73c\uba70 \ud2b9\ud788 \uc720\ub9ac\ubcf4 \uc120\ubb3c(Euribor futures: \uc720\ub85c\uc874 \ub2e8\uae30\uae08\ub9ac\uc778 \uc720\ub9ac\ubcf4\ub97c \uae30\ucd08\ub85c \ud55c \uc120\ubb3c) \uae30\ubc18 \uc635\uc158\uc774 \ub450\ub4dc\ub7ec\uc9c4\ub2e4. \uc774\ub7f0 \uc0c1\ud488\uc740 \uccab \uae08\ub9ac \uc778\ud558 \uc2dc\uc810\uc5d0 \ub300\ud574 \uc9c1\uc811 \ubca0\ud305\ud560 \uc218 \uc788\uac8c \ud574\uc8fc\uba70, \uc2dc\uc7a5\uc740 2026\ub144 4\ubd84\uae30\ub97c \uccab \uc778\ud558 \uac00\ub2a5 \uc2dc\uc810\uc73c\ub85c \uc870\uc2ec\uc2a4\ub7fd\uac8c \ubc18\uc601\ud558\uace0 \uc788\ub2e4. ECB\uc758 \ud45c\ud604\uc774 \uc870\uae08\ub9cc \ubc14\ub00c\uc5b4\ub3c4 \uc774\ub7f0 \uae30\ub300\ub294 \ube60\ub974\uac8c \ub2e4\uc2dc \uac00\uaca9\uc5d0 \ubc18\uc601\ub420 \uc218 \uc788\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>ECB \ube14\ub799\uc544\uc6c3 \ud574\uc81c \ud6c4 \uc704\uc6d0\ub4e4 \u201c\uacbd\uacc4 \uc720\uc9c0\u201d \ubc1c\uc5b8\uc5d0 \uc720\ub85c\uac00 \ud754\ub4e4\ub9bd\ub2c8\ub2e4. \uc778\ud50c\ub808 2.8%\ub294 \ub048\uc9c8\uae30\uace0 PMI 49.5\ub294 \ub454\ud654 \uc2e0\ud638. \uae08\ub9ac 3.25% \uc18d 2026\ub144 \ubcc0\ub3d9\uc131\u00b7\uc778\ud558\uae30\ub300 \uc7ac\uac00\uaca9\uc774 \ud575\uc2ec. &#8211; 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