{"id":42453,"date":"2026-03-26T19:38:38","date_gmt":"2026-03-26T19:38:38","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ed%88%ac%ec%bb%a4%ec%99%80-%ec%8a%88%eb%a2%b0%eb%8d%94-%ec%8b%9c%ec%9e%a5%ec%9d%b4-2026%eb%85%84-ecb-%ea%b8%b0%ec%a4%80%ea%b8%88%eb%a6%ac-23%ec%b0%a8%eb%a1%80-%ec%9d%b8%ec%83%81-%eb%b0%98%ec%98%81\/"},"modified":"2026-03-26T19:38:38","modified_gmt":"2026-03-26T19:38:38","slug":"%ed%88%ac%ec%bb%a4%ec%99%80-%ec%8a%88%eb%a2%b0%eb%8d%94-%ec%8b%9c%ec%9e%a5%ec%9d%b4-2026%eb%85%84-ecb-%ea%b8%b0%ec%a4%80%ea%b8%88%eb%a6%ac-23%ec%b0%a8%eb%a1%80-%ec%9d%b8%ec%83%81-%eb%b0%98%ec%98%81","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ed%88%ac%ec%bb%a4%ec%99%80-%ec%8a%88%eb%a2%b0%eb%8d%94-%ec%8b%9c%ec%9e%a5%ec%9d%b4-2026%eb%85%84-ecb-%ea%b8%b0%ec%a4%80%ea%b8%88%eb%a6%ac-23%ec%b0%a8%eb%a1%80-%ec%9d%b8%ec%83%81-%eb%b0%98%ec%98%81\/","title":{"rendered":"\ud22c\ucee4\uc640 \uc288\ub8b0\ub354, \uc2dc\uc7a5\uc774 2026\ub144 ECB \uae30\uc900\uae08\ub9ac 2~3\ucc28\ub840 \uc778\uc0c1 \ubc18\uc601\u2026\ub77c\uac00\ub974\ub4dc \uc804\ub9dd\uacfc \uc5c7\uac08\ub824"},"content":{"rendered":"\uc2dc\uc7a5\uc5d0\uc11c\ub294 2026\ub144\uc5d0 \uc720\ub7fd\uc911\uc559\uc740\ud589(ECB)\uc774 \uae30\uc900\uae08\ub9ac\ub97c 2~3\ucc28\ub840 \uc778\uc0c1\ud560 \uac83\uc73c\ub85c \uacc4\uc18d \ubc18\uc601\ud558\uace0 \uc788\ub2e4. 4\uc6d4 \ud68c\uc758\uc5d0 \ub300\ud574\uc11c\ub3c4 \uc5ec\uc804\ud788 \u2018\uc778\uc0c1\ud560 \ud655\ub960 60%\u2019\uac00 \uac00\uaca9\uc5d0 \ud3ec\ud568\ub3fc \uc788\ub2e4.\n\nECB\ub294 \uc0c8\ub85c \ub098\uc624\ub294 \uacbd\uc81c\uc9c0\ud45c(\uc778\ud50c\ub808\uc774\uc158, \uc131\uc7a5\ub960, \uace0\uc6a9 \ub4f1)\ub97c \ubcf4\uba74\uc11c \uacb0\uc815\ud558\uaca0\ub2e4\ub294 \uc6d0\uce59\uc744 \uc9c0\ud0a4\ub294 \ub3d9\uc2dc\uc5d0, \ub9cc\uae30\ubcc4 \uae08\ub9ac \uc218\uc900(\uc218\uc775\ub960\uace1\uc120 \uc804 \uad6c\uac04)\uc5d0 \ub300\ud55c \uc2dc\uc7a5\uc758 \uae30\ub300\ub97c \uc5b4\ub5bb\uac8c \uad00\ub9ac\ud560\uc9c0 \uace0\ubbfc\ud558\uace0 \uc788\ub2e4. \uc2dc\uc7a5\uc740 \ubbf8\uad6d\uc758 \ud611\uc0c1 \uc6c0\uc9c1\uc784\uc5d0 \ubc18\uc751\ud588\uc9c0\ub9cc, 2~3\ucc28\ub840 \uc778\uc0c1 \uc804\ub9dd\uc740 \uc720\uc9c0\ub418\uace0 \uc788\ub2e4.\n\n\uc720\uac00\ub294 \ub2e8\uae30 \ubb3c\uac00 \uc804\ub9dd\uc758 \ud575\uc2ec \ubcc0\uc218\ub85c \ucde8\uae09\ub418\uba70, \uc774\ubc88 \uc8fc \ucd08 \uc774\ud6c4 \ud070 \ubcc0\ud654\uac00 \uc5c6\ub2e4. \ud06c\ub9ac\uc2a4\ud2f4 \ub77c\uac00\ub974\ub4dc ECB \ucd1d\uc7ac\ub294 \uc218\uc694\uc77c \uc624\uc804 \u201c\ucda9\ubd84\ud55c \uc815\ubcf4\uac00 \ubaa8\uc77c \ub54c\uae4c\uc9c0 \uc6c0\uc9c1\uc774\uc9c0 \uc54a\uaca0\ub2e4\u201d\uba70, \uc77c\uc2dc\uc801\uc778 \uac00\uaca9 \ucda9\uaca9(\ub2e8\uae30\uac04\uc5d0 \ubc1c\uc0dd\ud588\ub2e4 \uc0ac\ub77c\uc9c0\ub294 \uc720\uac00 \uae09\ub4f1 \ub4f1)\uc740 \uc815\ucc45 \ud310\ub2e8\uc5d0\uc11c \uc5b4\ub290 \uc815\ub3c4 \ubb34\uc2dc\ud560 \uc218 \uc788\ub2e4\ub294 \ucde8\uc9c0\ub85c \ub9d0\ud588\ub2e4.\n\n\uc2dc\uc7a5 \uac00\uaca9\uc740 \ubb3c\uac00\uac00 \uacc4\uc18d \uc624\ub974\ub294 \uc545\uc21c\ud658(\uac00\uaca9-\uc784\uae08\uc774 \uc11c\ub85c\ub97c \ubc00\uc5b4 \uc62c\ub9ac\ub294 \u2018\ubb3c\uac00 \uc2a4\ud30c\uc774\ub7f4\u2019)\uc744 \ub9c9\uae30 \uc704\ud574 ECB\uac00 \ub354 \uac15\ud558\uac8c \ub300\uc751\ud560 \uac00\ub2a5\uc131\ub3c4 \ubc18\uc601\ud55c\ub2e4. \uc7a5\uae30 \uad6c\uac04\uc758 \u2018\uae30\ub300 \uc778\ud50c\ub808\uc774\uc158\uc744 \ucd94\uc815\ud558\ub294 \uc2a4\uc651(\uc11c\ub85c \ub2e4\ub978 \uae08\ub9ac \ud750\ub984\uc744 \uad50\ud658\ud558\ub294 \ud30c\uc0dd\uc0c1\ud488)\u2019\uc740 \ube44\uad50\uc801 \uc548\uc815\uc801\uc774\uc9c0\ub9cc, \uc720\ub9ac\ubcf4(Euribor) \uc120\ubb3c(\uc720\ub9ac\ubcf4 \uae08\ub9ac\ub97c \uae30\ucd08\ub85c \ud55c \uae08\ub9ac \uc120\ubb3c)\uc5d0\uc11c\ub294 \ub2e8\uae30 \uc778\uc0c1 \ud6c4 \ub098\uc911\uc5d0 \uc77c\ubd80 \ub418\ub3cc\ub9bc(\uc778\ud558 \ub610\ub294 \uc778\uc0c1\ud3ed \ucd95\uc18c)\uc774 \uc788\uc744 \uac83 \uac19\uc740 \u2018\ubd09\uc6b0\ub9ac(hump)\u2019 \ud615\ud0dc\uac00 \ub098\ud0c0\ub09c\ub2e4.\n\nECB\ub294 \uba54\uc2dc\uc9c0 \uc120\ud0dd\uc5d0\uc11c \ub51c\ub808\ub9c8\uc5d0 \ub193\uc5ec \uc788\ub2e4. \uc644\ud654\uc801\uc73c\ub85c \ub4e4\ub9ac\ub294 \ubc1c\uc5b8(\ube44\ub458\uae30\ud30c, dovish)\uc744 \ud558\uba74 \uc2dc\uc7a5\uc758 \uc7a5\uae30 \ubb3c\uac00 \uae30\ub300\uac00 \uc62c\ub77c \uc7a5\uae30\uae08\ub9ac(\uc7a5\uae30\ucc44 \uc218\uc775\ub960)\uac00 \uc624\ub97c \uc218 \uc788\ub2e4. \ubc18\ub300\ub85c \uae34\ucd95\uc801\uc73c\ub85c \ub4e4\ub9ac\ub294 \ubc1c\uc5b8(\ub9e4\ud30c, hawkish)\uc740 \uacbd\uae30 \ub454\ud654 \uc6b0\ub824\ub97c \ub354 \ubd80\uac01\uc2dc\ud0ac \uc218 \uc788\ub2e4.\n\n\uc2dc\uc7a5\uc740 ECB\uac00 \uc62c\ud574 \ucd5c\uc18c 2\ucc28\ub840 \uae08\ub9ac\ub97c \uc62c\ub9b0\ub2e4\uace0 \ud655\uc2e0\ud558\ub294 \ubd84\uc704\uae30\uc774\uba70, 4\uc6d4 \uc778\uc0c1 \uac00\ub2a5\uc131\ub3c4 60%\ub85c \ub192\uac8c \ubc18\uc601\ub3fc \uc788\ub2e4. \uc720\ub85c\uc874 \ubb3c\uac00 \u2018\uc18d\ubcf4\uce58(\ube60\ub974\uac8c \ubc1c\ud45c\ub418\ub294 \uc7a0\uc815\uce58)\u2019\uac00 \uc5d0\ub108\uc9c0 \uc601\ud5a5\uc73c\ub85c 2.8%\ub85c \uc0c1\uc2b9\ud558\uba74\uc11c ECB\uc5d0 \ub300\ud55c \uc555\ubc15\ub3c4 \ucee4\uc84c\ub2e4. \uc774\ub7f0 \uac00\uaca9 \ubc18\uc601\uc740 \ud2b8\ub808\uc774\ub354\ub4e4\uc774 \u2018\uae08\ub9ac \uc778\uc0c1\uc5d0 \uc6b0\ud638\uc801\uc778 \ubc29\ud5a5(\ub9e4\ud30c\uc801 \uc815\ucc45)\u2019\uc5d0 \ub300\ube44\ud574\uc57c \ud55c\ub2e4\ub294 \uc2e0\ud638\ub85c \ud574\uc11d\ub420 \uc218 \uc788\ub2e4.\n\n\ud575\uc2ec \ubcc0\uc218\ub294 \uc5ec\uc804\ud788 \uc720\uac00\ub2e4. \ube0c\ub80c\ud2b8\uc720\ub294 \ubc30\ub7f4\ub2f9 92\ub2ec\ub7ec \uc774\uc0c1\uc744 \uace0\uc9d1\uc2a4\ub7fd\uac8c \uc720\uc9c0\ud558\uace0 \uc788\uc73c\uba70, \uacf5\uae09 \ucc28\uc9c8\uc774 \ucd94\uac00\ub85c \ubc1c\uc0dd\ud558\uba74 ECB\uac00 \ubb3c\uac00 \uc545\uc21c\ud658\uc744 \ub9c9\uae30 \uc704\ud574 \uac15\ud558\uac8c \ub098\uc124 \uc218 \uc788\ub2e4. \uc774\ub294 \ub77c\uac00\ub974\ub4dc \ucd1d\uc7ac\uac00 \u201c\ub2e8\uae30 \ucda9\uaca9\uc740 \ub118\uae38 \uc218 \uc788\ub2e4\u201d\uace0 \ud55c \ubc1c\uc5b8\uacfc \ub300\ube44\ub3fc, \uc2dc\uc7a5\uc758 \ubd88\ud655\uc2e4\uc131\uc744 \ud0a4\uc6b4\ub2e4.\n\n\uc774\ub7f0 \ud658\uacbd\uc5d0\uc11c\ub294 \uc720\ub9ac\ubcf4 \uc120\ubb3c \uace1\uc120\uc758 \u2018\ubd09\uc6b0\ub9ac\u2019 \uad6c\uac04\uc744 \ud65c\uc6a9\ud558\ub294 \uc804\ub7b5\uc774 \uac70\ub860\ub41c\ub2e4. \uc989, \uc2dc\uc7a5\uc774 \u2018\uac00\uae4c\uc6b4 \uc2dc\uc810\uc758 \uc778\uc0c1\u2019\uacfc \u2018\uc774\ud6c4 \uc77c\ubd80 \ub418\ub3cc\ub9bc\u2019\uc744 \ud568\uaed8 \ubcf4\uace0 \uc788\ub2e4\ub294 \uc810\uc5d0 \uc8fc\ubaa9\ud558\ub294 \uac83\uc774\ub2e4. \uc608\ub97c \ub4e4\uc5b4 \ub2e8\uae30\ubb3c \uc120\ubb3c\uc744 \ub9e4\ub3c4(\uae08\ub9ac \uc0c1\uc2b9\uc5d0 \ubca0\ud305)\ud558\uace0, \ub354 \uc7a5\uae30\ubb3c \uc120\ubb3c\uc744 \ub9e4\uc218(\ud5a5\ud6c4 \uc644\ud654 \uac00\ub2a5\uc131\uc5d0 \ub300\ube44)\ud574 \uae08\ub9ac\uace1\uc120\uc758 \uc774\ub3d9(\ucee4\ube0c\uc758 \uae30\uc6b8\uae30\u00b7\ubaa8\uc591 \ubcc0\ud654)\uc744 \ub178\ub9ac\ub294 \ubc29\uc2dd\uc774\ub2e4. \ud575\uc2ec\uc740 \uae08\ub9ac\uc758 \ub2e8\uc21c\ud55c \ubc29\ud5a5\uc774 \uc544\ub2c8\ub77c, \ub9cc\uae30\ubcc4 \uae08\ub9ac \ucc28\uc774 \ubcc0\ud654\uc5d0 \ubca0\ud305\ud558\ub294 \uac83\uc774\ub2e4.\n\nECB\uac00 \u2018\ubb3c\uac00 \uae30\ub300 \uad00\ub9ac\u2019\uc640 \u2018\uce68\uccb4 \ud68c\ud53c\u2019 \uc0ac\uc774\uc5d0\uc11c \uc904\ud0c0\uae30\ub97c \ud558\ub294 \ub9cc\ud07c \ubcc0\ub3d9\uc131(\uac00\uaca9\uc774 \ud06c\uac8c \ud754\ub4e4\ub9ac\ub294 \uc815\ub3c4)\uc774 \uc911\uc694\ud55c \uac70\ub798 \ub300\uc0c1\uc774 \ub41c\ub2e4. \uc2dc\uc7a5\uc774 \ubc18\uc601\ud55c \uacbd\ub85c\uc640 ECB\uc758 \uc2e0\ud638\uac00 \uc5b4\uae0b\ub098\ub294 \uad6c\uac04\uc5d0\uc11c \uc635\uc158(\ubbf8\ub9ac \uc815\ud55c \uc870\uac74\uc73c\ub85c \uc0ac\uace0\ud314 \uad8c\ub9ac)\uc73c\ub85c \ubcc0\ub3d9\uc131\uc744 \ub9e4\uc218\ud560 \uae30\ud68c\uac00 \uc0dd\uae38 \uc218 \uc788\ub2e4. 4\uc6d4 \ud68c\uc758\ub97c \uc55e\ub450\uace0 \ub3c5\uc77c \uad6d\ucc44 \uc120\ubb3c(Bund)\uc5d0\uc11c \uc2a4\ud2b8\ub798\ub4e4(\uac19\uc740 \ub9cc\uae30\u00b7\ud589\uc0ac\uac00\uc758 \ucf5c\uc635\uc158\uacfc \ud48b\uc635\uc158\uc744 \ub3d9\uc2dc\uc5d0 \ub9e4\uc218\ud574 \ud070 \ubcc0\ub3d9\uc5d0 \ubca0\ud305\ud558\ub294 \uc804\ub7b5)\uc744 \uad6c\ucd95\ud558\uba74, ECB\uac00 \uc5b4\ub290 \ubc29\ud5a5\uc774\ub4e0 \uc2dc\uc7a5 \uc608\uc0c1\uacfc \ub2e4\ub978 \uacb0\uc815\uc744 \ub0b4\ub9b4 \ub54c \uc218\uc775 \uae30\ud68c\uac00 \uc0dd\uae38 \uc218 \uc788\ub2e4\ub294 \ubd84\uc11d\uc774\ub2e4.\n

\n\n

\uc9c0\uae08 \ubc14\ub85c \uac70\ub798\ub97c \uc2dc\uc791\ud558\uc138\uc694 – VT Markets \uc2e4\uacc4\uc88c\ub97c \uac1c\uc124\ud558\ub824\uba74 \uc5ec\uae30<\/a>\ub97c \ud074\ub9ad\ud558\uc138\uc694 <\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"

\u201c4\uc6d4 60% \uc778\uc0c1 \ubca0\ud305\u201d\u2026\uc2dc\uc7a5, ECB 2026\ub144 2~3\ucc28\ub840 \uc778\uc0c1 \uc720\uc9c0. \uc720\uac00\u00b7\ubb3c\uac00 \uc555\ub825 \uc18d \ub77c\uac00\ub974\ub4dc \u2018\uc2e0\uc911\u2019\uc5d0\ub3c4 \uc720\ub9ac\ubcf4 \uc120\ubb3c \ubd09\uc6b0\ub9ac\u00b7\ubcc0\ub3d9\uc131 \uac70\ub798, \ucee4\ube0c\u00b7\uc2a4\ud2b8\ub798\ub4e4 \uc804\ub7b5 \ubd80\uc0c1.<\/p>\n","protected":false},"author":87,"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-42453","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\/42453","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\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=42453"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/42453\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=42453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=42453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=42453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}