{"id":44309,"date":"2026-04-10T07:28:44","date_gmt":"2026-04-10T07:28:44","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ec%a0%9c%ed%94%84-%ec%9c%a0-%ed%9c%b4%ec%a0%84-%ec%9d%b4%ed%9b%84-%ec%9c%84%ed%97%98-%ec%8b%ac%eb%a6%ac%ea%b0%80-%ea%b0%9c%ec%84%a0%eb%90%90%ec%a7%80%eb%a7%8c-%ec%9c%a0%eb%9f%bd-%ec%8b%9c\/"},"modified":"2026-04-10T07:28:44","modified_gmt":"2026-04-10T07:28:44","slug":"%ec%a0%9c%ed%94%84-%ec%9c%a0-%ed%9c%b4%ec%a0%84-%ec%9d%b4%ed%9b%84-%ec%9c%84%ed%97%98-%ec%8b%ac%eb%a6%ac%ea%b0%80-%ea%b0%9c%ec%84%a0%eb%90%90%ec%a7%80%eb%a7%8c-%ec%9c%a0%eb%9f%bd-%ec%8b%9c","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ec%a0%9c%ed%94%84-%ec%9c%a0-%ed%9c%b4%ec%a0%84-%ec%9d%b4%ed%9b%84-%ec%9c%84%ed%97%98-%ec%8b%ac%eb%a6%ac%ea%b0%80-%ea%b0%9c%ec%84%a0%eb%90%90%ec%a7%80%eb%a7%8c-%ec%9c%a0%eb%9f%bd-%ec%8b%9c\/","title":{"rendered":"\uc81c\ud504 \uc720 \u201c\ud734\uc804 \uc774\ud6c4 \uc704\ud5d8 \uc2ec\ub9ac\uac00 \uac1c\uc120\ub410\uc9c0\ub9cc \uc720\ub7fd \uc2dc\uc7a5\uc740 ECB\u00b7BOE\u00b7SNB \uae08\ub9ac \uc778\uc0c1\uc744 \uacfc\ub3c4\ud558\uac8c \ubc18\uc601\u201d"},"content":{"rendered":"

\uc720\ub7fd \uae08\ub9ac\uc2dc\uc7a5\uc740 \ubbf8\uad6d\u2013\uc774\ub780\uc758 \uc77c\uc2dc\uc801 \ud734\uc804\uacfc \uc5d0\ub108\uc9c0 \uac00\uaca9 \uae09\ub77d \uc774\ud6c4 2026\ub144 \ub9d0(\uc5f0\ub9d0) \uc815\ucc45\uae08\ub9ac \uc608\uc0c1\uce58\ub97c \ub0ae\ucdc4\ub2e4. \uc720\ub7fd \uc2dc\uc7a5 \uac1c\uc7a5\uacfc \ud568\uaed8 \uc720\ub7fd\uc911\uc559\uc740\ud589(ECB)\u00b7\uc601\ub780\uc740\ud589(BoE)\u00b7\uc2a4\uc704\uc2a4\uad6d\ub9bd\uc740\ud589(SNB)\uc758 2026\ub144 12\uc6d4 \uae08\ub9ac \uc120\ubb3c(\ubbf8\ub798 \ud2b9\uc815 \uc2dc\uc810\uc758 \uae08\ub9ac \uc218\uc900\uc744 \ubc18\uc601\ud558\ub294 \ud30c\uc0dd\uc0c1\ud488)\uc5d0\uc11c \uc774\ub7f0 \uc6c0\uc9c1\uc784\uc774 \ub098\ud0c0\ub0ac\ub2e4.<\/p>\n

\uc870\uc815 \uc774\ud6c4\uc5d0\ub3c4 \uc120\ubb3c \uac00\uaca9\uc740 \uc5f0\ucd08 \uc218\uc900\uc744 \uc5ec\uc804\ud788 \ud06c\uac8c \uc6c3\ub3cc\uc558\ub2e4. \uaca9\ucc28\ub294 BoE\uac00 \ucd5c\ub300 80bp, ECB\uac00 50bp\ub97c \ub118\uc5c8\ub2e4. (bp\u00b7\ubca0\uc774\uc2dc\uc2a4\ud3ec\uc778\ud2b8=\uae08\ub9ac 0.01%\ud3ec\uc778\ud2b8)<\/p>\n

\uc720\ub7fd \uae08\ub9ac\uc2dc\uc7a5 \u2018\uacfc\ub300\ubc18\uc601\u2019<\/h3>\n

\uc2a4\uc704\uc2a4\uc758 \uacbd\uc6b0 \uc2dc\uc7a5 \uac00\uaca9\uc740 \uc5f0\ub9d0\uae4c\uc9c0 \uae08\ub9ac\uac00 0%\ub97c \ub118\uc5b4\uc124 \uac83\uc73c\ub85c \uc5ec\uc804\ud788 \uc2dc\uc0ac\ud588\ub2e4. \uc774\ub7ec\ud55c \uae08\ub9ac \uae30\ub300\ub294 \ub2f9\uad6d\uc774 \uacf5\uc2dd\uc801\uc73c\ub85c \uc81c\uc2dc\ud55c \uc815\ucc45 \ubaa9\ud45c\uc640 \uc5b4\uae0b\ub09c\ub2e4\ub294 \ud3c9\uac00\uac00 \ub098\uc654\ub2e4.<\/p>\n

ECB \ub0b4\ubd80\uc5d0\uc11c\ub294 \uc704\uc6d0\ub4e4 \uac04 \uacac\ud574\uac00 \uac08\ub9b0\ub2e4. \uc77c\ubd80\ub294 \u20182\ucc28 \ud30c\uae09\ud6a8\uacfc(\uc5d0\ub108\uc9c0 \ub4f1 \uc6d0\uac00 \uc0c1\uc2b9\uc774 \uc784\uae08\u00b7\uc11c\ube44\uc2a4 \uac00\uaca9\uc73c\ub85c \ub2e4\uc2dc \ubc88\uc9c0\ub294 \ud604\uc0c1)\u2019\uac00 \ub098\ud0c0\ub098\uae30 \uc804\uc5d0 \ub300\uc751\uc774 \ud544\uc694\ud560 \uc218 \uc788\ub2e4\uace0 \uacbd\uace0\ud55c\ub2e4. \uc815\ucc45 \uc2a4\ud0e0\uc2a4(\ud1b5\ud654\uc815\ucc45 \uae30\uc870)\ub294 \ub2e4\ub974\uc9c0\ub9cc, \ud734\uc804 \uc18c\uc2dd\uc774 \uc2dc\uc7a5\uc5d0 \uc804\ud574\uc9c0\uc790 BoE\uc640 ECB \uad00\ub828 \uac00\uaca9\uc740 \uac70\uc758 \ube44\uc2b7\ud55c \ud3ed\uc73c\ub85c \ud558\ub77d\ud588\ub2e4.<\/p>\n

\ud5a5\ud6c4 \uc218\uc8fc\uac04 \ud2b8\ub808\uc774\ub4dc \uc544\uc774\ub514\uc5b4<\/h3>\n

\ubbf8\uad6d\u2013\uc774\ub780 \ud734\uc804 \uc774\ud6c4 \uc720\ub7fd \uae08\ub9ac\uc2dc\uc7a5\uc5d0\uc11c \ud070 \uad34\ub9ac\uac00 \ub098\ud0c0\ub098 \uae30\ud68c\uac00 \uc788\ub2e4\uace0 \ubcf8\ub2e4. \uc120\ubb3c\uc2dc\uc7a5\uc740 \uacbd\uae30 \ub454\ud654 \uc2e0\ud638\ub97c \ubb34\uc2dc\ud55c \ucc44 ECB\u00b7BoE\u00b7SNB\uc758 \uae08\ub9ac \uc778\uc0c1\uc744 \uacfc\ub3c4\ud558\uac8c \ubc18\uc601\ud558\uace0 \uc788\ub2e4. \uc774\ub294 2025\ub144 \ub0b4\ub0b4 \uc774\uc5b4\uc84c\ub358 \u2018\uacf5\uaca9\uc801 \uae34\ucd95(\ube60\ub974\uace0 \ud070 \ud3ed\uc758 \uae08\ub9ac \uc778\uc0c1)\u2019\uc758 \uc794\uc7ac\ub85c \ubcf4\uc778\ub2e4.<\/p>\n

\uc601\uad6d\uc758 \uacbd\uc6b0 \uc2dc\uc7a5\uc740 \uc57d 80bp\uc758 \ucd94\uac00 \uc778\uc0c1\uc744 \ubc18\uc601\ud558\uace0 \uc788\ub294\ub370 \uacfc\ub3c4\ud574 \ubcf4\uc778\ub2e4. \ucd5c\uadfc \uc9c0\ud45c\uc5d0\uc11c 2026\ub144 1\ubd84\uae30 GDP \uc131\uc7a5\ub960\uc740 0.1%\ub85c \ub9e4\uc6b0 \ubd80\uc9c4\ud588\uace0, 3\uc6d4 \uc18c\ub9e4\ud310\ub9e4\ub3c4 \uc608\uc0c1\uacfc \ub2ec\ub9ac \uac10\uc18c\ud574 \uc18c\ube44\uac00 \uc57d\ud574\uc9c0\uace0 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud588\ub2e4. \ud2b8\ub808\uc774\ub354\ub294 \uc774\ub7f0 \uacfc\uaca9\ud55c \uc778\uc0c1 \uacbd\ub85c\uc5d0 \u2018\ubc18\ub300\ub85c \ubca0\ud305(\uc2dc\uc7a5 \uc608\uc0c1\ubcf4\ub2e4 \uae08\ub9ac\uac00 \ub35c \uc624\ub974\uac70\ub098 \ud558\ub77d\ud560 \uac00\ub2a5\uc131\uc5d0 \ud22c\uc790)\u2019\ud558\ub294 \ud3ec\uc9c0\uc158\uc744 \uac80\ud1a0\ud560 \ub9cc\ud558\ub2e4\uace0 \ubcf8\ub2e4.<\/p>\n

ECB\ub3c4 \ube44\uc2b7\ud55c \uc0c1\ud669\uc73c\ub85c, 50bp\ub97c \ub118\ub294 \uae34\ucd95(\ucd94\uac00 \uc778\uc0c1)\uc774 \uac00\uaca9\uc5d0 \ubc18\uc601\ub3fc \uc788\ub2e4. \uadf8\ub7ec\ub098 3\uc6d4 \uc720\ub85c\uc874 HICP \ubb3c\uac00(\uc720\ub85c\uc874 \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218\u00b7Harmonised Index of Consumer Prices)\ub294 2.1%\ub85c \ub0ae\uc544\uc84c\uace0, \uc885\ud569 PMI(\uc81c\uc870\uc5c5+\uc11c\ube44\uc2a4\uc5c5 \uad6c\ub9e4\uad00\ub9ac\uc790\uc9c0\uc218\u00b7\uacbd\uae30 \ud655\uc7a5\/\uc704\ucd95\uc744 \uac00\ub2a0, 50 \ubbf8\ub9cc\uc774\uba74 \uc704\ucd95)\uac00 49.8\ub85c \ub0b4\ub824\uac00 \uc18c\ud3ed \uacbd\uae30 \uc704\ucd95\uc744 \uc2dc\uc0ac\ud588\ub2e4. ECB \ub0b4\ubd80\uc758 \ubd84\uc5f4\uc744 \uac10\uc548\ud558\uba74, \uc774\ub7f0 \uc57d\ud55c \uc9c0\ud45c\uac00 \uc774\uc5b4\uc9c8\uc218\ub85d \u2018\ube44\ub458\uae30\ud30c(\uc644\ud654\uc801 \ud1b5\ud654\uc815\ucc45 \uc120\ud638)\u2019\uc758 \uc601\ud5a5\ub825\uc774 \ucee4\uc9c8 \uac00\ub2a5\uc131\uc774 \uc788\ub2e4.<\/p>\n

SNB\ub294 \u2018\uacfc\ub300\ubc18\uc601\u2019\uc774 \uac00\uc7a5 \ub69c\ub837\ud558\ub2e4. \uc2dc\uc7a5\uc740 \uc62c\ud574 \uae08\ub9ac\uac00 0% \uc704\ub85c \uc62c\ub77c\uac08 \uac83\uc73c\ub85c \uc608\uc0c1\ud558\uc9c0\ub9cc, \uc778\uc811\ud55c \uc720\ub85c\uc874 \uc131\uc7a5 \ub454\ud654\uc640 \ucd5c\uadfc \uc2a4\uc704\uc2a4\ud504\ub791 \uac15\uc138(\ud1b5\ud654 \uac00\uce58 \uc0c1\uc2b9) \ud658\uacbd\uc5d0\uc11c SNB\uac00 \uae08\ub9ac\ub97c \uc62c\ub9b4 \uc774\uc720\ub294 \ud06c\uc9c0 \uc54a\ub2e4. \uc624\ud788\ub824 \uae08\ub9ac \uc778\ud558(\uc815\ucc45\uae08\ub9ac \uc778\ud558)\ub97c \uac80\ud1a0\ud574\uc57c \ud558\ub294 \uc0c1\ud669\uc73c\ub85c \ubab0\ub9b4 \uc218\ub3c4 \uc788\ub2e4. \uc2a4\uc704\uc2a4 \uae08\ub9ac\uac00 \uc720\uc9c0\ub418\uac70\ub098 \ub354 \ub0b4\ub824\uac00\ub294 \ucabd\uc5d0 \ubca0\ud305\ud558\ub294 \uc804\ub7b5\uc740 \uc704\ud5d8 \ub300\ube44 \uae30\ub300\uc218\uc775(\ub9ac\uc2a4\ud06c-\ub9ac\ud134)\uc774 \uc88b\ub2e4\uace0 \ubcf8\ub2e4.<\/p>\n

\ud5a5\ud6c4 \uc218\uc8fc\uac04 \ud2b8\ub808\uc774\ub354\ub294 \uae08\ub9ac\uc2a4\uc651(\uace0\uc815\uae08\ub9ac\uc640 \ubcc0\ub3d9\uae08\ub9ac\ub97c \uad50\ud658\ud558\ub294 \ud30c\uc0dd\uc0c1\ud488)\uc5d0\uc11c \u2018\uace0\uc815\uae08\ub9ac \uc218\ucde8(receive fixed\u00b7\uace0\uc815\uae08\ub9ac\ub97c \ubc1b\uace0 \ubcc0\ub3d9\uae08\ub9ac\ub97c \uc9c0\uae09\ud558\ub294 \ud3ec\uc9c0\uc158)\u2019\uc5d0 \uc9c4\uc785\ud574, \ubcc0\ub3d9\uae08\ub9ac\uac00 \uc2dc\uc7a5 \uc608\uc0c1\ub9cc\ud07c \uc624\ub974\uc9c0 \uc54a\uc744 \uac83\uc5d0 \ubca0\ud305\ud560 \uc218 \uc788\ub2e4. \uc774\ub294 \ub9cc\uae30\uac00 \uae34 BoE\u00b7ECB \uacc4\uc57d\uc5d0\uc11c \ud2b9\ud788 \uc758\ubbf8\uac00 \uc788\ub2e4. \ub610\ud55c \uc5f0\ub9d0 SNB \uae08\ub9ac \uc778\ud558\ub85c \uc774\uc775\uc774 \ub098\ub294 \uc635\uc158(\ud2b9\uc815 \uc870\uac74\uc5d0\uc11c \ub9e4\uc218\u00b7\ub9e4\ub3c4\ud560 \uad8c\ub9ac) \ub9e4\uc218\ub3c4 \ud6a8\uacfc\uc801\uc778 \uc804\ub7b5\uc774 \ub420 \uc218 \uc788\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

\ud734\uc804\u00b7\uc720\uac00 \uae09\ub77d\uc5d0 \uc720\ub7fd \uae08\ub9ac\uc120\ubb3c 2026\ub144\ub9d0 \uc778\uc0c1 \uae30\ub300 \ud6c4\ud1f4. \uadf8\ub7ec\ub098 BoE 80bp\u00b7ECB 50bp\u00b7SNB 0% \uc0c1\ud68c \uc5ec\uc804 \u2018\uacfc\ub300\ubc18\uc601\u2019\u2026 \uacbd\uae30\ub454\ud654 \uac10\uc548\ud574 \uace0\uc815\uae08\ub9ac \uc218\ucde8\u00b7SNB \uc778\ud558 \uc635\uc158 \uc8fc\ubaa9.<\/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-44309","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\/44309","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=44309"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/44309\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=44309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=44309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=44309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}