\uc720\ub7fd\uc911\uc559\uc740\ud589(ECB)\uc740 \uc720\ub85c\uc874\uc5d0\uc11c **\uc2a4\ud0dc\uadf8\ud50c\ub808\uc774\uc158(\uacbd\uae30 \ub454\ud654 \uc18d \ubb3c\uac00 \uc0c1\uc2b9)** \uc704\ud5d8\uc774 \ucee4\uc9c0\ub294 \uac00\uc6b4\ub370 **\uae30\uc900\uae08\ub9ac\ub97c \ub3d9\uacb0**\ud588\ub2e4. ECB\ub294 \uc131\uba85\uc5d0\uc11c **\uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00 \uc0c1\uc2b9) \uc555\ub825**\uc774 \ucee4\uc9c4 \ub3d9\uc2dc\uc5d0 **\uacbd\uc81c\uc131\uc7a5\uc5d0 \ub300\ud55c \ud558\ubc29 \uc704\ud5d8(\uacbd\uae30\uac00 \ub354 \ub098\ube60\uc9c8 \uc704\ud5d8)**\ub3c4 \ud655\ub300\ub410\ub2e4\uace0 \ubc1d\ud614\ub2e4.<\/p>\n
\ucd5c\uadfc \uc9c0\ud45c\ub294 1\ubd84\uae30 **\uad6d\ub0b4\ucd1d\uc0dd\uc0b0(GDP\u00b7\ud55c \ub098\ub77c\uc5d0\uc11c \uc0dd\uc0b0\ub41c \uc7ac\ud654\uc640 \uc11c\ube44\uc2a4\uc758 \ucd1d\ud569)** \uc131\uc7a5\ub960\uc774 \uc608\uc0c1\ubcf4\ub2e4 \uc57d\ud588\uc74c\uc744 \ubcf4\uc5ec\uc900\ub2e4. \ubb3c\uac00 \uc2e0\ud638\ub294 \uc5c7\uac08\ub838\ub2e4. \ub3c5\uc77c\uc758 **\ud5e4\ub4dc\ub77c\uc778 \uc778\ud50c\ub808\uc774\uc158(\uc5d0\ub108\uc9c0\u00b7\uc2dd\ud488\uc744 \ud3ec\ud568\ud55c \uc804\uccb4 \ubb3c\uac00 \uc0c1\uc2b9\ub960)**\uc740 \ub192\uc544\uc84c\uc9c0\ub9cc, **\uadfc\uc6d0 \uc778\ud50c\ub808\uc774\uc158(\uac00\uaca9 \ubcc0\ub3d9\uc774 \ud070 \uc5d0\ub108\uc9c0\u00b7\uc2dd\ud488 \ub4f1\uc744 \uc81c\uc678\ud574 \uae30\uc870 \ubb3c\uac00\ub97c \ubcf4\ub294 \uc9c0\ud45c)**\uc740 \ub0ae\uc544\uc84c\ub2e4.<\/p>\n
ECB\ub294 **\uc740\ud589\ub300\ucd9c\uc124\ubb38(Bank Lending Survey\u00b7\uc740\ud589\ub4e4\uc774 \ub300\ucd9c \uae30\uc900\uacfc \uc218\uc694 \ubcc0\ud654\ub97c \uc5b4\ub5bb\uac8c \ub290\ub07c\ub294\uc9c0 \uc870\uc0ac)**\uc744 \uadfc\uac70\ub85c **\ub300\ucd9c \uc2ec\uc0ac \uae30\uc900\uc774 \uac15\ud654**\ub418\uace0 **\ub300\ucd9c \uc218\uc694\uac00 \uc57d\ud574\uc84c\ub2e4**\uace0\ub3c4 \uc9c0\uc801\ud588\ub2e4. \uc774\ub294 \ubb3c\uac00 \uc555\ub825\uc774 \ub0a8\uc544 \uc788\ub294 \uac00\uc6b4\ub370 \uacbd\uae30 \ud65c\ub3d9\uc774 \ub454\ud654\ud560 \uc218 \uc788\ub2e4\ub294 \uc6b0\ub824\ub97c \ud0a4\uc6b4\ub2e4.<\/p>\n
\uc774 \uae00\uc740 ECB\uac00 2011\ub144 \uc778\ud50c\ub808\uc774\uc158 \ub300\uc751\uc744 \uc774\uc720\ub85c \uae08\ub9ac\ub97c \uc778\uc0c1\ud588\ub358 \uc0ac\ub840\ub97c \uc5b8\uae09\ud55c\ub2e4. \ub2f9\uc2dc\uc758 \uc778\uc0c1\uc740 \uc774\ud6c4 \uc720\ub85c\uc874\uc758 \ucd94\uac00\uc801\uc778 \uacbd\uae30 \uc815\uccb4\uc640 \ub9de\ubb3c\ub838\ub2e4\uace0 \uc124\uba85\ud55c\ub2e4.<\/p>\n
\ubcf4\uace0\uc11c\ub294 **\uc678\uc0dd\uc801 \uacf5\uae09 \ucda9\uaca9(\uc804\uc7c1\u00b7\uc5d0\ub108\uc9c0 \uac00\uaca9 \uae09\ub4f1\ucc98\ub7fc \uc911\uc559\uc740\ud589\uc774 \ud1b5\uc81c\ud558\uae30 \uc5b4\ub824\uc6b4 \uc694\uc778\uc73c\ub85c \uacf5\uae09\uc774 \uc904\uc5b4 \ubb3c\uac00\uac00 \uc624\ub974\ub294 \uc0c1\ud669)** \uad6d\uba74\uc5d0\uc11c \uc815\ucc45\ub2f9\uad6d\uc774 \uae08\ub9ac \uc778\uc0c1\uc5d0 \uc2e0\uc911\ud560 \uc218 \uc788\ub2e4\uace0 \ubcf8\ub2e4. \ub610\ud55c ECB\uc758 **\ubb3c\uac00 \uc548\uc815 \ucc45\ubb34(\ubc95\u00b7\uaddc\uc815\uc0c1 \uc911\uc559\uc740\ud589\uc774 \ubb3c\uac00\ub97c \uc548\uc815\uc801\uc73c\ub85c \uc720\uc9c0\ud574\uc57c \ud558\ub294 \ubaa9\ud45c)**\ub97c \uc5b8\uae09\ud558\uba74\uc11c\ub3c4, \uacbd\uae30 \ud558\uac15\uc774 \ub354 \uae4a\uc5b4\uc9c8 \uc218 \uc788\ub2e4\ub294 \uc6b0\ub824\ub97c \ud568\uaed8 \uc81c\uc2dc\ud55c\ub2e4.<\/p>\n
ECB\ub294 \uc778\ud50c\ub808\uc774\uc158\uc744 \uc5b5\uc81c\ud560\uc9c0, \uc57d\ud55c \uacbd\uae30\ub97c \uc9c0\uc9c0\ud560\uc9c0 \uc5b4\ub824\uc6b4 \uc120\ud0dd\uc5d0 \ub193\uc5ec \ub2f9\ubd84\uac04 **\ub3d9\uacb0 \uae30\uc870\ub97c \uc774\uc5b4\uac08 \uac00\ub2a5\uc131**\uc774 \ud06c\ub2e4. \ucd5c\uadfc \uc790\ub8cc\uc5d0 \ub530\ub974\uba74 2026\ub144 1\ubd84\uae30 \uc720\ub85c\uc874 GDP\ub294 **0.1%** \uc99d\uac00\uc5d0 \uadf8\ucce4\uace0, 3\uc6d4 \ud5e4\ub4dc\ub77c\uc778 \uc778\ud50c\ub808\uc774\uc158\uc740 \uc5d0\ub108\uc9c0 \uac00\uaca9 \uc0c1\uc2b9\uc73c\ub85c **3.5%**\ub85c \uc18c\ud3ed \uc62c\ub790\ub2e4. \ubc18\uba74 ECB\uac00 \ud2b9\ud788 \uc911\uc2dc\ud558\ub294 \uadfc\uc6d0 \uc778\ud50c\ub808\uc774\uc158\uc740 \uc608\uc0c1\uacfc \ub2ec\ub9ac **2.8%**\ub85c \ub0b4\ub824\uac00 \uae08\ub9ac \uc778\uc0c1 \ud310\ub2e8\uc744 \ub354 \uc5b4\ub835\uac8c \ub9cc\ub4e4\uc5c8\ub2e4.<\/p>\n
\uc2dc\uc7a5\uc5d0\uc11c\ub294 \uc62c\ud574 \ucd94\uac00 \uae08\ub9ac \uc778\uc0c1 \uac00\ub2a5\uc131\uc744 \uacfc\ub300\ud3c9\uac00\ud558\uace0 \uc788\uc744 \uc218 \uc788\ub2e4. \uc911\uc559\uc740\ud589\uc774 \uacbd\uae30 \uce68\uccb4\ub97c \uc545\ud654\uc2dc\ud0a4\ub294 \uac83\uc744 \ub450\ub824\uc6cc\ud558\uae30 \ub54c\ubb38\uc774\ub2e4. \uc774 \uacbd\uc6b0 \uc720\ub7fd \uae08\ub9ac\uc5d0 \uc5f0\ub3d9\ub41c **\uc120\ubb3c(\ubbf8\ub798 \uc77c\uc815 \uc2dc\uc810\uc5d0 \uc815\ud574\uc9c4 \uac00\uaca9\uc73c\ub85c \uac70\ub798\ud558\uae30\ub85c \ud55c \uacc4\uc57d)** \uac00\uaca9\uc740 \uae08\ub9ac \uc778\uc0c1 \uae30\ub300\uac00 \uaebe\uc774\uba74\uc11c \uc7ac\ud3c9\uac00\ub420 \uc5ec\uc9c0\uac00 \uc788\ub2e4. 2011\ub144 ECB\uac00 \uacbd\uae30 \uce68\uccb4 \uc9c1\uc804\uc5d0 \uae08\ub9ac\ub97c \uc62c\ub838\ub358 \u2018\uc815\ucc45 \uc2e4\uc218\u2019\uc758 \uae30\uc5b5\uc774 \uc9c0\uae08\uc758 \ud310\ub2e8\uc5d0 \uc601\ud5a5\uc744 \uc8fc\uace0 \uc788\ub2e4\ub294 \uc758\ubbf8\ub2e4.<\/p>\n
\uc774 \uac19\uc740 \uc2e0\uc911\ud55c \uae30\uc870\ub294 \uc720\ub85c\ud654\uc5d0 \ud558\ubc29 \uc555\ub825\uc73c\ub85c \uc791\uc6a9\ud560 \uc218 \uc788\ub2e4. \ud2b9\ud788 \uc911\uc559\uc740\ud589\uc774 \ub354 \uacf5\uaca9\uc801\uc778 \ud1b5\ud654\uc815\ucc45\uc744 \uc720\uc9c0\ud558\ub294 \ud1b5\ud654 \ub300\ube44 \uc57d\uc138\uac00 \ub098\ud0c0\ub0a0 \uc218 \uc788\ub2e4. \ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed)\uac00 **\uace0\uae08\ub9ac \uc7a5\uae30\ud654(\uae08\ub9ac\ub97c \ub192\uc740 \uc218\uc900\uc5d0\uc11c \ub354 \uc624\ub798 \uc720\uc9c0)**\ub97c \uc2dc\uc0ac\ud558\ub294 \uac00\uc6b4\ub370 **\uae08\ub9ac \ucc28(\ub450 \ub098\ub77c \uae08\ub9ac\uc758 \uaca9\ucc28)**\uac00 \ud655\ub300\ub420 \uc218 \uc788\uc5b4 \ub2ec\ub7ec\uc758 \ub9e4\ub825\uc774 \ucee4\uc9c4\ub2e4. \ud2b8\ub808\uc774\ub354\ub294 \uc774\ub97c **EUR\/USD \ud48b\uc635\uc158(\ud658\uc728\uc774 \ud558\ub77d\ud560 \ub54c \uc774\uc775\uc774 \ub098\ub3c4\ub85d \uc124\uacc4\ub41c \uc120\ud0dd\uad8c \uacc4\uc57d)** \ub9e4\uc218 \uae30\ud68c\ub85c \ubcfc \uc218 \uc788\ub2e4.<\/p>\n
\uc8fc\uc2dd\uc2dc\uc7a5\uc5d0\uc11c\ub294 \uc2a4\ud0dc\uadf8\ud50c\ub808\uc774\uc158 \uc704\ud5d8\uc774 \ubd80\ub2f4\uc73c\ub85c \uc791\uc6a9\ud574 \uc8fc\uc694 \uc9c0\uc218\uc758 \uc0c1\uc2b9 \uc5ec\ub825\uc744 \uc81c\ud55c\ud560 \uc218 \uc788\ub2e4. 2024~2025\ub144\uc758 \ubd88\ud655\uc2e4\uc131 \uad6d\uba74\uacfc \ube44\uc2b7\ud558\ub2e4\ub294 \ud3c9\uac00\uac00 \uac00\ub2a5\ud558\ub2e4. \ubd88\ud655\uc2e4\uc131\uc774 \uc774\uc5b4\uc9c0\uba74 \uc720\ub85c\uc2a4\ud1a1\uc2a450 \uac19\uc740 \uc9c0\uc218\uc758 **\ub0b4\uc7ac\ubcc0\ub3d9\uc131(\uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \uc2dc\uc7a5\uc758 \uc608\uc0c1 \ubcc0\ub3d9\ud3ed)**\uc774 \ub192\uc740 \uc218\uc900\uc744 \uc720\uc9c0\ud560 \uc218 \uc788\uc5b4, \ubc29\ud5a5\uc131 \ubca0\ud305(\uc0c1\uc2b9\u00b7\ud558\ub77d \ud55c\ucabd\uc5d0 \uac78\uae30)\ubcf4\ub2e4 **\uac00\uaca9 \ubcc0\ub3d9\uc5d0\uc11c \uc218\uc775\uc744 \ub178\ub9ac\ub294 \uc804\ub7b5**\uc774 \uc0c1\ub300\uc801\uc73c\ub85c \uc720\ub9ac\ud560 \uc218 \uc788\ub2e4.<\/p>\n
2026\ub144 4\uc6d4 \ucd08 \ubc1c\ud45c\ub41c \ucd5c\uc2e0 \uc740\ud589\ub300\ucd9c\uc124\ubb38\ub3c4 \uae30\uc5c5 \ub300\ucd9c\uc758 \uc2e0\uc6a9 \uae30\uc900\uc774 3\uac1c \ubd84\uae30 \uc5f0\uc18d \uac15\ud654\ub410\uc74c\uc744 \ud655\uc778\ud588\ub2e4. \uc774\ub7f0 **\uc2e0\uc6a9 \uacbd\uc0c9(\ub300\ucd9c\uc774 \uc904\uc5b4 \uc790\uae08 \uc870\ub2ec\uc774 \uc5b4\ub824\uc6cc\uc9c0\ub294 \ud604\uc0c1)**\uc740 \uacbd\uc81c\uc758 \uc18d\ub3c4\ub97c \uc790\uc5f0\uc2a4\ub7fd\uac8c \ub2a6\ucdb0 \uc911\uc559\uc740\ud589\uc758 \uae34\ucd95 \ud6a8\uacfc \uc77c\ubd80\ub97c \ub300\uc2e0\ud55c\ub2e4. \uc774\ub294 \uacf5\uae09 \uc694\uc778 \ubb3c\uac00 \uc0c1\uc2b9 \uad6d\uba74\uc5d0\uc11c ECB\uac00 \ucd94\uac00 \uae34\ucd95\uc5d0 \ub9e4\uc6b0 \uc18c\uadf9\uc801\uc77c \uac83\uc774\ub77c\ub294 \uad00\uc810\uc744 \ub4b7\ubc1b\uce68\ud55c\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"
\u201c\ub610 2011\ub144 \uc2e4\uc218 \ubc18\ubcf5?\u201d ECB, \uc2a4\ud0dc\uadf8\ud50c\ub808\uc774\uc158 \uc6b0\ub824 \uc18d \uae30\uc900\uae08\ub9ac \ub3d9\uacb0. \uc131\uc7a5 \ub454\ud654\u00b7\ub300\ucd9c \uacbd\uc0c9\uc5d0 \ucd94\uac00 \uae34\ucd95 \uc2e0\uc911, \uc720\ub85c \uc57d\uc138\u00b7\ub2ec\ub7ec \uac15\uc138 \uac00\ub2a5. \uc8fc\uc2dd \ubcc0\ub3d9\uc131 \uc7a5\uc138 \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-45923","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\/45923","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=45923"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/45923\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=45923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=45923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=45923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}