{"id":43512,"date":"2026-03-27T15:41:34","date_gmt":"2026-03-27T15:41:34","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%81%ac%eb%9e%98%eb%a8%b8-%ec%97%90%eb%84%88%ec%a7%80%eb%b0%9c-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%83%81\/"},"modified":"2026-03-27T15:41:34","modified_gmt":"2026-03-27T15:41:34","slug":"%ec%bd%94%eb%a9%94%eb%a5%b4%ec%b8%a0%eb%b0%a9%ed%81%ac%ec%9d%98-%ed%81%ac%eb%9e%98%eb%a8%b8-%ec%97%90%eb%84%88%ec%a7%80%eb%b0%9c-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%83%81","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%81%ac%eb%9e%98%eb%a8%b8-%ec%97%90%eb%84%88%ec%a7%80%eb%b0%9c-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%83%81\/","title":{"rendered":"\ucf54\uba54\ub974\uce20\ubc29\ud06c\uc758 \ud06c\ub798\uba38 \u201c\uc5d0\ub108\uc9c0\ubc1c \uc778\ud50c\ub808\uc774\uc158 \uc0c1\uc2b9\uc73c\ub85c ECB, \uae08\ub9ac \ud55c \ucc28\ub840 \uc778\uc0c1 \uac00\ub2a5\u2026\uc774\ud6c4 \uc644\ud654\ub420 \ub4ef\u201d"},"content":{"rendered":"\ucf54\uba54\ub974\uce20\ubc29\ud06c\ub294 \uc720\ub7fd\uc911\uc559\uc740\ud589(ECB)\uc774 \uc911\ub3d9 \uc804\uc7c1\uc73c\ub85c \ucd09\ubc1c\ub41c \uc5d0\ub108\uc9c0\ubc1c \uc778\ud50c\ub808\uc774\uc158(\uc5d0\ub108\uc9c0 \uac00\uaca9 \uc0c1\uc2b9\uc774 \ubb3c\uac00\ub97c \ub04c\uc5b4\uc62c\ub9ac\ub294 \ud604\uc0c1)\uc5d0 \ub300\uc751\ud574 **\ucd94\uac00 \uae08\ub9ac \uc778\uc0c1\uc740 \ub9ce\uc544\uc57c 1\ud68c**\uc5d0 \uadf8\uce60 \uac83\uc73c\ub85c \uc804\ub9dd\ud588\ub2e4. \ubb3c\uac00\ub294 \uc5ec\ub984\uaed8 3%\ub97c \ub118\uc5b4\uc120 \ub4a4 \uc644\ud654\ub420 \uac83\uc73c\ub85c \ub0b4\ub2e4\ubd24\ub2e4.\n\n\uc740\ud589\uc758 \uae30\ubcf8 \uc2dc\ub098\ub9ac\uc624(\uac00\uc7a5 \uac00\ub2a5\uc131\uc774 \ub192\ub2e4\uace0 \uac00\uc815\ud55c \uc804\ub9dd)\uc5d0\uc11c \uc790\uccb4 \ubaa8\ub378\uc740 **\uc911\ub3d9 \uc804\uc7c1 \uc5ec\ud30c\ub85c 2026\ub144 \uc720\ub85c\uc874 \uc131\uc7a5\ub960\uc774 0.4%\ud3ec\uc778\ud2b8 \ud558\ub77d**\ud558\ub294 \uac83\uc73c\ub85c \ucd94\uc815\ud588\ub2e4. \uc774\uc5d0 \ub530\ub77c 2026\ub144 \uc131\uc7a5\ub960 \uc804\ub9dd\uce58\ub294 **0.9%\uc5d0\uc11c 0.6%\ub85c \ud558\ud5a5**\ub410\uc73c\uba70, \uc7a0\uc7ac\uc131\uc7a5\ub960(\uacbd\uc81c\uac00 \ubb34\ub9ac \uc5c6\uc774 \ub0bc \uc218 \uc788\ub294 \uc7a5\uae30 \uc131\uc7a5\ub960) \ucd94\uc815\uce58\ub294 1%\ub85c \uc81c\uc2dc\ud588\ub2e4.\n\n<h3>One More Hike At Most<\/h3>\n\ucf54\uba54\ub974\uce20\ubc29\ud06c\ub294 ECB\uac00 **4\uc6d4 30\uc77c \ud68c\uc758\uc5d0\uc11c \uae30\uc900\uae08\ub9ac(\uc911\uc559\uc740\ud589\uc774 \uc815\ucc45\uc744 \uc704\ud574 \uc815\ud558\ub294 \ub300\ud45c \uae08\ub9ac)\ub97c \uc778\uc0c1**\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ud588\ub2e4. 4\uc6d4\uc5d0 \uc6c0\uc9c1\uc774\uc9c0 \uc54a\uc73c\uba74 **6\uc6d4 11\uc77c \ud68c\uc758 \uc778\uc0c1 \uac00\ub2a5\uc131**\uc744 \uc2dc\uc0ac\ud560 \uc218 \uc788\ub2e4\uace0 \ubd24\ub2e4.\n\n\ub2e4\ub9cc \uc720\uac00\uac00 \uc804\uc7c1 \uc885\ub8cc \ud6c4 \ud558\ub77d\ud560 \uc218 \uc788\uc5b4 **\ucd94\uac00 \uc778\uc0c1\uc740 1\ud68c \uc774\uc0c1 \uc9c4\ud589\ub418\uae30 \uc5b4\ub835\ub2e4**\uace0 \ubd84\uc11d\ud588\ub2e4. \ub610 \uc120\ubb3c\uc2dc\uc7a5(\ubbf8\ub798 \uac00\uaca9\uc744 \ubbf8\ub9ac \uc815\ud574 \uac70\ub798\ud558\ub294 \uc2dc\uc7a5)\uc5d0\uc11c\ub294 \uc5f0\ub9d0\uae4c\uc9c0 \uac70\uc758 3\ucc28\ub840 \uc778\uc0c1\uc744 \ubc18\uc601\ud558\uace0 \uc788\uc9c0\ub9cc, \uae30\ubcf8 \uc2dc\ub098\ub9ac\uc624\uc5d0\uc11c\ub294 \uac00\ub2a5\uc131\uc774 \ub0ae\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.\n\n\uc720\ub85c\uc874 \uc2dc\uc7a5\uc5d0\uc11c **\uc2dc\uc7a5 \uac00\uaca9 \ubc18\uc601\uacfc \uc2e4\ubb3c\uacbd\uc81c \ud604\uc2e4 \uc0ac\uc774\uc5d0 \uad34\ub9ac**\uac00 \ub098\ud0c0\ub098\uace0 \uc788\ub2e4\ub294 \uc9c4\ub2e8\ub3c4 \uc81c\uc2dc\ud588\ub2e4. \uc911\ub3d9 \uc804\uc7c1\uc774 \ubb3c\uac00\ub97c \uc62c\ub9ac\ub294 \ub3d9\uc2dc\uc5d0 \uc131\uc7a5\ub960\uc744 \ub04c\uc5b4\ub0b4\ub824 ECB\uc758 \uc815\ucc45 \ud310\ub2e8\uc774 \uc5b4\ub824\uc6cc\uc84c\ub2e4\ub294 \uac83\uc774\ub2e4.\n\n<h3>Market Pricing Versus Growth Reality<\/h3>\n\ucd5c\uadfc \uc720\ub85c\uc2a4\ud0c0\ud2b8(Eurostat\u00b7EU \ud1b5\uacc4\uae30\uad00) \ubc1c\ud45c\uc5d0\uc11c 2\uc6d4 \ubb3c\uac00\uc0c1\uc2b9\ub960\uc774 **\uc5d0\ub108\uc9c0 \ube44\uc6a9 \uc601\ud5a5\uc73c\ub85c 2.8%\ub85c \uc0c1\uc2b9**\ud588\uc9c0\ub9cc, \uc774\ub7ec\ud55c \uc555\ub825\uc740 \uc5ec\ub984 \uc774\ud6c4 \uc57d\ud574\uc9c8 \uac83\uc73c\ub85c \ubd24\ub2e4. ECB\uc5d0 \ub354 \uc911\uc694\ud55c \ubcc0\uc218\ub294 \uacbd\uae30 \ub454\ud654\ub85c, \uc62c\ud574 \uc131\uc7a5\ub960\uc774 **0.6%**\uc5d0 \uadf8\uce60 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4\uace0 \ubc1d\ud614\ub2e4. \uc774\ub294 \uc7a0\uc7ac\uc131\uc7a5\ub960\ubcf4\ub2e4 \ub0ae\uc544 \ub69c\ub837\ud55c \uacbd\uae30 \ud68c\ubcf5 \uad6d\uba74\uc73c\ub85c \ubcf4\uae30 \uc5b4\ub835\ub2e4\ub294 \ud310\ub2e8\uc774\ub2e4.\n\n\ub454\ud654 \uc870\uc9d0\uc740 \uc9c0\ud45c\uc5d0\uc11c\ub3c4 \ub098\ud0c0\ub09c\ub2e4. S&#038;P \uae00\ub85c\ubc8c \uc885\ud569 PMI(\uad6c\ub9e4\uad00\ub9ac\uc790\uc9c0\uc218\u00b7\uae30\uc5c5 \uc124\ubb38\uc744 \ubc14\ud0d5\uc73c\ub85c \uacbd\uae30 \ud655\uc7a5\/\uc704\ucd95\uc744 \uac00\ub2a0\ud558\ub294 \uc9c0\ud45c)\uac00 **49.5\ub85c \ud558\ub77d**\ud574 \uae30\uc5c5 \ud65c\ub3d9\uc774 \uc18c\ud3ed \uc704\ucd95(50 \ubbf8\ub9cc\uc774\uba74 \uc704\ucd95)\ub418\uace0 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud588\ub2e4. 2022\ub144\uc5d0\ub3c4 ECB\ub294 \ud32c\ub370\ubbf9 \uc774\ud6c4 \uc778\ud50c\ub808\uc774\uc158(\uc804\ubc18\uc801\uc778 \ubb3c\uac00 \uc0c1\uc2b9)\uc5d0 \ucd08\uae30 \ub300\uc751\uc774 \ub2a6\uc5b4 \ud68c\ubcf5\uc744 \uc6b0\uc120\ud558\ub2e4\uac00 \ubb3c\uac00 \uc555\ub825\uc774 \uace0\ucc29\ud654(\uc624\ub798 \uc9c0\uc18d\ub418\uba70 \uc27d\uac8c \ub0b4\ub824\uc624\uc9c0 \uc54a\ub294 \uc0c1\ud0dc)\ub41c \uc804\ub840\uac00 \uc788\ub2e4. 2025\ub144 \ub9d0 \uacbd\uae30\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ub098\uc558\ub358 \ub4a4 \ub2e4\uc2dc \uc57d\uc138\uac00 \ub098\ud0c0\ub098\uba74\uc11c, ECB \uc815\ucc45\uacb0\uc815\uae30\uad6c\uc778 \uc9d1\ud589\uc774\uc0ac\ud68c\u00b7\uc774\uc0ac\ud68c(\ud1b5\ud654\uc815\ucc45 \ubc29\ud5a5\uc744 \uc815\ud558\ub294 \u2018\uac70\ubc84\ub2dd\uce74\uc6b4\uc2ac\u2019) \ub0b4 \uc644\ud654 \uc131\ud5a5 \uc778\uc0ac(\uae08\ub9ac \uc778\uc0c1\uc5d0 \uc2e0\uc911\ud55c \uc778\uc0ac)\uc5d0\uac8c \uc870\uc2ec\uc2a4\ub7ec\uc6b8 \uadfc\uac70\uac00 \uac15\ud654\ub410\ub2e4\ub294 \ubd84\uc11d\uc774\ub2e4.\n\n\uc774\ub7f0 \ubc30\uacbd\uc5d0\uc11c \uc120\ubb3c\uc2dc\uc7a5\uc774 \uc5f0\ub9d0\uae4c\uc9c0 \uac70\uc758 3\ud68c\uc758 \uae08\ub9ac \uc778\uc0c1\uc744 \ubc18\uc601\ud558\ub294 \uac83\uc740 \uacfc\ub3c4\ud558\ub2e4\uace0 \ubd24\ub2e4. ECB\ub294 **4\uc6d4 \ub610\ub294 6\uc6d4\uc5d0 1\ud68c \uc778\uc0c1**\ud55c \ub4a4 \uacbd\uc81c\uc5d0 \ubbf8\uce58\ub294 \ucda9\uaca9\uc744 \ud3c9\uac00\ud558\uae30 \uc704\ud574 \uba48\ucd9c \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4\ub294 \uc804\ub9dd\uc774\ub2e4. ECB\uac00 \uc77c\uc2dc\uc801\uc774\ub77c\uace0 \ud310\ub2e8\ud558\ub294 \uc5d0\ub108\uc9c0\ubc1c \uc778\ud50c\ub808\uc774\uc158\uc744 \uc7a1\uae30 \uc704\ud574 \uacbd\uae30\uce68\uccb4(\uacbd\uc81c\ud65c\ub3d9\uc774 \uc704\ucd95\ub418\ub294 \uad6d\uba74) \uc704\ud5d8\uc744 \uac10\uc218\ud560 \uac00\ub2a5\uc131\uc740 \ub0ae\ub2e4\ub294 \uc124\uba85\uc774\ub2e4.\n\n\ud30c\uc0dd\uc0c1\ud488(\uae30\ucd08\uc790\uc0b0 \uac00\uaca9 \ubcc0\ub3d9\uc5d0 \ub530\ub77c \uac00\uce58\uac00 \ub2ec\ub77c\uc9c0\ub294 \uc0c1\ud488) \ud22c\uc790\uc790 \uad00\uc810\uc5d0\uc11c\ub294 \uae08\ub9ac\uc120\ubb3c(\ubbf8\ub798 \uae08\ub9ac\ub97c \uac70\ub798\ud558\ub294 \uc0c1\ud488) \uc911 **EURIBOR(\uc720\ub85c\uad8c \uc740\ud589 \uac04 \ub2e8\uae30\uae08\ub9ac \uc9c0\ud45c)\ub97c \uae30\ucd08\ub85c \ud55c \uc0c1\ud488**\uc774 \uc9c0\ub098\uce58\uac8c \uacf5\uaca9\uc801\uc778 \uae34\ucd95 \uacbd\ub85c\ub97c \ubc18\uc601\ud558\uace0 \uc788\uc744 \uc218 \uc788\ub2e4\ub294 \uc758\ubbf8\ub77c\uace0 \ud574\uc11d\ud588\ub2e4. \uc2dc\uc7a5 \uc608\uc0c1\ubcf4\ub2e4 \uae08\ub9ac \uc778\uc0c1\uc774 \uc801\uc744 \ub54c \uc774\uc775\uc774 \ub098\ub294 \ud3ec\uc9c0\uc158\uc774 \ub2e8\uae30\uc801\uc73c\ub85c \uc720\ub9ac\ud560 \uc218 \uc788\uc73c\uba70, ECB\uc758 \uc644\ud654\uc801 \uae30\uc870\uac00 \ubd84\uba85\ud574\uc9c0\uba74 \uac00\uaca9 \uc7ac\uc870\uc815(\uc2dc\uc7a5 \uac00\uaca9\uc774 \uc0c8\ub85c\uc6b4 \uc804\ub9dd\uc5d0 \ub9de\uac8c \ub2e4\uc2dc \ud615\uc131\ub418\ub294 \uacfc\uc815) \uac00\ub2a5\uc131\uc774 \uc788\ub2e4\ub294 \uc124\uba85\uc774\ub2e4.\n\n\uc2dc\uc7a5\uc774 \uc608\uc0c1\ud558\ub294 \uac83\ubcf4\ub2e4 ECB\uac00 \ub35c \ub9e4\ud30c\uc801(\uae08\ub9ac \uc778\uc0c1\uc5d0 \uc801\uadf9\uc801\uc778 \uc131\ud5a5\uc758 \ubc18\ub300)\uc774\ub77c\uba74 \uc720\ub85c\ud654\uc5d0 \ubd80\ub2f4\uc73c\ub85c \uc791\uc6a9\ud560 \uc218 \uc788\ub2e4\uace0 \ubd24\ub2e4. \ud1b5\ud654\uc635\uc158(\ud658\uc728\uc774 \uc77c\uc815 \uc218\uc900\uc774 \ub420 \ub54c \uc0b4 \uad8c\ub9ac\/\ud314 \uad8c\ub9ac\ub97c \uac70\ub798\ud558\ub294 \uc0c1\ud488) \uc2dc\uc7a5\uc5d0\uc11c\ub294 \uc720\ub85c \uc57d\uc138\uc5d0 \uc720\ub9ac\ud55c \uc804\ub7b5\uc774 \uae30\ud68c\uac00 \ub420 \uc218 \uc788\uc73c\uba70, \uc911\uc559\uc740\ud589 \uc815\ucc45 \ucc28\uc774(\uad6d\uac00\ubcc4 \uae08\ub9ac \ubc29\ud5a5 \ucc28\uc774)\uac00 EUR\/USD(\uc720\ub85c\/\ub2ec\ub7ec \ud658\uc728)\uc758 \ud575\uc2ec \ub3d9\uc778\uc774 \ub420 \uc218 \uc788\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.\n<p>\n\n<p><strong>\uc9c0\uae08 \ubc14\ub85c \uac70\ub798\ub97c \uc2dc\uc791\ud558\uc138\uc694 &#8211; VT Markets \uc2e4\uacc4\uc88c\ub97c \uac1c\uc124\ud558\ub824\uba74 <a href=\"https:\/\/www.vtmarkets.com\/kr\/trade-now\/\">\uc5ec\uae30<\/a>\ub97c \ud074\ub9ad\ud558\uc138\uc694 <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\u201cECB \ucd94\uac00 \uc778\uc0c1, \ub9ce\uc544\uc57c 1\ubc88?\u201d \ucf54\uba54\ub974\uce20\ubc29\ud06c\ub294 \uc911\ub3d9\ubc1c \uc5d0\ub108\uc9c0 \uc778\ud50c\ub808\uac00 \uc5ec\ub984 3%\ub300 \uc815\uc810 \ud6c4 \uc644\ud654, \uc131\uc7a5 \ub454\ud654\ub85c 4~6\uc6d4 1\ud68c \uc778\uc0c1 \ub4a4 \uba48\ucd9c \uc804\ub9dd.<\/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-43512","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\/43512","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=43512"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/43512\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=43512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=43512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=43512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}