{"id":46152,"date":"2026-05-05T02:24:24","date_gmt":"2026-05-05T02:24:24","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%82%98%ea%b2%94-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%a0%84%eb%a7%9d-%ea%b0%9c%ec%84%a0-%ec%a4%91%eb%8f%99-%ea%b0%88%eb%93%b1-%ec%9e%a5%ea%b8%b0%ed%99%94%eb%a1%9c-%ec%9d%b8\/"},"modified":"2026-05-05T02:24:24","modified_gmt":"2026-05-05T02:24:24","slug":"%eb%82%98%ea%b2%94-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%a0%84%eb%a7%9d-%ea%b0%9c%ec%84%a0-%ec%a4%91%eb%8f%99-%ea%b0%88%eb%93%b1-%ec%9e%a5%ea%b8%b0%ed%99%94%eb%a1%9c-%ec%9d%b8","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%82%98%ea%b2%94-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%a0%84%eb%a7%9d-%ea%b0%9c%ec%84%a0-%ec%a4%91%eb%8f%99-%ea%b0%88%eb%93%b1-%ec%9e%a5%ea%b8%b0%ed%99%94%eb%a1%9c-%ec%9d%b8\/","title":{"rendered":"\ub098\uac94 \u201c\uc778\ud50c\ub808\uc774\uc158 \uc804\ub9dd \uac1c\uc120, \uc911\ub3d9 \uac08\ub4f1 \uc7a5\uae30\ud654\ub85c \uc778\ud50c\ub808 \ub9ac\uc2a4\ud06c \uc9c0\uc18d\ub418\ub354\ub77c\ub3c4 6\uc6d4 \uae08\ub9ac \uc778\uc0c1 \uc815\ub2f9\ud654\ud560 \uc218 \uc788\uc5b4\u201d"},"content":{"rendered":"

\uc694\uc544\ud798 \ub098\uac94 \ub3c5\uc77c\uc5f0\ubc29\uc740\ud589(\ubd84\ub370\uc2a4\ubc29\ud06c) \ucd1d\uc7ac\uc774\uc790 \uc720\ub7fd\uc911\uc559\uc740\ud589(ECB) \uc815\ucc45\uc704\uc6d0\uc740 \uc6d4\uc694\uc77c \ud504\ub791\ud06c\ud478\ub974\ud2b8\uc5d0\uc11c \u201c\uc911\ub3d9 \ubd84\uc7c1\uc774 \uc7a5\uae30\ud654\ud560\uc218\ub85d ECB\uac00 \uc870\uce58\ub97c \ucde8\ud558\uc9c0 \uc54a\uc73c\uba74 \ubb3c\uac00\uc0c1\uc2b9\ub960(\uc778\ud50c\ub808\uc774\uc158)\uc774 \ub192\uc740 \uc218\uc900\uc5d0 \uba38\ubb3c \uc704\ud5d8\uc774 \ucee4\uc9c4\ub2e4\u201d\uace0 \ub9d0\ud588\ub2e4.<\/p>\n

\uadf8\ub294 \u201c2022\ub144\ubcf4\ub2e4 \ucd9c\ubc1c\uc810\uc740 \ud6e8\uc52c \ub0ab\ub2e4\u201d\uace0 \ud588\uc73c\uba70, \ubb3c\uac00 \uc804\ub9dd\uc774 \uac1c\uc120\ub418\uc9c0 \uc54a\uc73c\uba74 6\uc6d4 \uae30\uc900\uae08\ub9ac \uc778\uc0c1\uc774 \ud544\uc694\ud560 \uc218 \uc788\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n

ECB \uae08\ub9ac \uacbd\ub85c \uc7ac\ud3c9\uac00<\/h3>\n

\uc774\ubc88 \ubc1c\uc5b8\uc740 ECB \ub0b4\uc5d0\uc11c\ub3c4 \uc601\ud5a5\ub825\uc774 \ud070 \uc778\uc0ac\uc758 \ub9e4\ud30c(\ud1b5\ud654\uae34\ucd95 \uc120\ud638) \uc2e0\ud638\ub85c \ud574\uc11d\ub41c\ub2e4. \uc774\uc81c ECB\uc758 \ub2e4\uc74c \ud589\ubcf4\uac00 \u2018\uae08\ub9ac \uc778\ud558\u2019\uac00 \uc544\ub2c8\ub77c \u2018\uae08\ub9ac \uc778\uc0c1\u2019\uc77c \uac00\ub2a5\uc131\ub3c4 \uc9c4\uc9c0\ud558\uac8c \uace0\ub824\ud574\uc57c \ud55c\ub2e4. \uc774\ub294 \uc2dc\uc7a5\uc758 \uae30\uc874 \uae30\ub300\ub97c \ub4a4\ud754\ub4e4 \uc218 \uc788\uc5b4 \uc720\ub7fd \uae08\ub9ac\uc5d0 \ubbfc\uac10\ud55c \ud3ec\uc9c0\uc158\uc744 \uc7ac\uc810\uac80\ud560 \ud544\uc694\uac00 \uc788\ub2e4.<\/p>\n

\ubc30\uacbd\uc5d0\ub294 \ucd5c\uadfc \uc9c0\ud45c\uc640 \uc9c0\uc815\ud559\uc801 \uae34\uc7a5\uc774 \uc5d0\ub108\uc9c0 \uac00\uaca9\uc744 \ub04c\uc5b4\uc62c\ub9ac\ub294 \ud750\ub984\uc774 \uc788\ub2e4. \uc720\ub85c\uc874 \uc18c\ube44\uc790\ubb3c\uac00 \uc9c0\ud45c\uc778 HICP(\uc870\ud654 \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218: \uc720\ub85c\uc874 \uad6d\uac00\ub4e4\uc758 \ubb3c\uac00\ub97c \uac19\uc740 \uae30\uc900\uc73c\ub85c \ube44\uad50\ud558\uae30 \uc704\ud574 \uacc4\uc0b0\ud55c \uc9c0\uc218)\uac00 2026\ub144 4\uc6d4 \uae30\uc900 2.7%\ub85c, ECB \ubaa9\ud45c(2%)\ub97c \uc6c3\ub3cc\uba70 \uc27d\uac8c \ub0b4\ub824\uc624\uc9c0 \uc54a\ub294 \ubaa8\uc2b5\uc774\ub2e4. \uc5ec\uae30\uc5d0 \ube0c\ub80c\ud2b8\uc720(\uc720\ub7fd \uae30\uc900 \uad6d\uc81c \uc6d0\uc720 \uac00\uaca9 \uc9c0\ud45c)\uac00 \uc9c0\ub09c \ud55c \ub2ec \ub3d9\uc548 \ubc30\ub7f4\ub2f9 95\ub2ec\ub7ec \uc704\uc5d0\uc11c \ubc84\ud2f0\uba70 \ubb3c\uac00 \uc555\ub825\uc744 \ud0a4\uc6cc \uae34\ucd95 \ub17c\ub9ac\ub97c \ub4b7\ubc1b\uce68\ud558\uace0 \uc788\ub2e4.<\/p>\n

\ub2e8\uae30 \uae08\ub9ac \uc2dc\uc7a5\uc5d0\uc11c\ub294 6\uc6d4 ECB \ud68c\uc758\uc5d0 \ub300\ud55c \uae08\ub9ac \uae30\ub300\uac00 \uc0c1\ud5a5 \uc870\uc815\ub420 \uc218 \uc788\ub2e4. \uc608\ub97c \ub4e4\uc5b4 3\uac1c\uc6d4 \uc720\ub9ac\ubcf4 \uc120\ubb3c(\uc720\ub85c\uc874 \uc740\ud589 \uac04 \ub2e8\uae30\uae08\ub9ac\uc778 \uc720\ub9ac\ubcf4\ub97c \uae30\ucd08\ub85c \ud55c \ud30c\uc0dd\uc0c1\ud488)\uc774\ub098 OIS(\uc624\ubc84\ub098\uc774\ud2b8 \uc778\ub371\uc2a4 \uc2a4\uc651: \ud558\ub8e8\uc9dc\ub9ac \uae30\uc900\uae08\ub9ac\uc640 \uace0\uc815\uae08\ub9ac\ub97c \ub9de\ubc14\uafb8\ub294 \uae08\ub9ac \uc2a4\uc651)\ub294 \ub3d9\uacb0\uc774\ub098 \uc18c\ud3ed \uc778\ud558 \uac00\ub2a5\uc131\uc744 \ubc18\uc601\ud588\uc744 \uc218 \uc788\uc73c\ub098, 0.25%\ud3ec\uc778\ud2b8(25bp) \uc778\uc0c1 \ud655\ub960\uc744 \ub354 \ub192\uac8c \ubc18\uc601\ud558\ub3c4\ub85d \uc870\uc815\ub420 \uc5ec\uc9c0\uac00 \uc788\ub2e4. \uc774\ub7f0 \uacbd\uc6b0 \ub2e8\uae30\ubb3c \uae08\ub9ac \uc120\ubb3c\uc744 \ub9e4\ub3c4\ud574(\uac00\uaca9 \ud558\ub77d\uc5d0 \ubca0\ud305) \uc218\uc775\ub960 \uc0c1\uc2b9\uc5d0 \ub300\ube44\ud558\ub294 \uc804\ub7b5\uc774 \uac70\ub860\ub41c\ub2e4. (bp, \ubca0\uc774\uc2dc\uc2a4\ud3ec\uc778\ud2b8: 0.01%\ud3ec\uc778\ud2b8)<\/p>\n

\ud658\uc728 \uce21\uba74\uc5d0\uc11c\ub294 \uc720\ub85c\ud654\uc5d0 \uc6b0\ud638\uc801\uc774\ub2e4. \uae08\ub9ac \uae30\ub300\uac00 \uc624\ub974\uba74 \ud1b5\uc0c1 \ud574\ub2f9 \ud1b5\ud654 \uc218\uc694\uac00 \ub298 \uc218 \uc788\uc5b4, EUR\/USD \ucf5c \uc2a4\ud504\ub808\ub4dc(\uc720\ub85c\/\ub2ec\ub7ec\uac00 \uc624\ub97c \ub54c \uc774\uc775\uc774 \ub098\ub3c4\ub85d \ucf5c\uc635\uc158\uc744 \uc870\ud569\ud574 \ube44\uc6a9\uacfc \uc704\ud5d8\uc744 \uc81c\ud55c\ud558\ub294 \uc804\ub7b5) \ub9e4\uc218\ub85c \uc0c1\uc2b9 \uac00\ub2a5\uc131\uc5d0 \ub300\ube44\ud558\ub294 \ubc29\ubc95\uc774 \uc81c\uc2dc\ub41c\ub2e4. \ub610\ud55c 6\uc6d4 \ud68c\uc758\ub97c \uc55e\ub450\uace0 \uc720\ub85c \uad00\ub828 \ud1b5\ud654\uc30d\uc758 \ub0b4\uc7ac\ubcc0\ub3d9\uc131(\uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \u2018\uc608\uc0c1 \ubcc0\ub3d9 \ud3ed\u2019)\uc774 \ub192\uc544\uc9c8 \uac00\ub2a5\uc131\ub3c4 \uc788\ub2e4.<\/p>\n

\uae08\ub9ac \uc0c1\uc2b9 \ub300\ube44 \ud5e4\uc9c0<\/h3>\n

\ub3cc\uc774\ucf1c \ubcf4\uba74 2025\ub144 3\ubd84\uae30 \ubb3c\uac00\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ub192\uac8c \ub098\uc624\uc790 \uc2dc\uc7a5\uc774 \uae08\ub9ac \uc804\ub9dd\uc744 \ube60\ub974\uac8c \ub2e4\uc2dc \uac00\uaca9\uc5d0 \ubc18\uc601\ud558\uba70(\ub9ac\ud504\ub77c\uc774\uc2f1) \ubd84\uc704\uae30\uac00 \uae09\ubcc0\ud55c \ubc14 \uc788\ub2e4. \ub098\uac94 \ucd1d\uc7ac\uac00 \uc5b8\uae09\ud588\ub4ef 2022\ub144 \uc5d0\ub108\uc9c0 \uc704\uae30 \ub54c\ubcf4\ub2e4 \uc5ec\uac74\uc740 \ub0ab\uc9c0\ub9cc, \uc2dc\uc7a5\uc758 \ubb3c\uac00 \ubbfc\uac10\ub3c4\ub294 \uc5ec\uc804\ud788 \ub9e4\uc6b0 \ub192\ub2e4. \ud5a5\ud6c4 \uba87 \uc8fc \ub3d9\uc548 \uc815\ucc45 \ubc29\ud5a5\uc774 \ub2e4\uc2dc \ubc14\ub014 \uc704\ud5d8\uc774 \ud604\uc2e4\uc801\uc778 \ubcc0\uc218\ub85c \ub5a0\uc62c\ub790\ub2e4.<\/p>\n

\uc774\ub7f0 \ud658\uacbd\uc5d0\uc11c\ub294 \uc8fc\uc2dd \ud30c\uc0dd\uc0c1\ud488\uc5d0\uc11c \ubc29\uc5b4\uc801 \ub300\uc751\uc774 \ud544\uc694\ud558\ub2e4\ub294 \uc2dc\uac01\uc774 \ub098\uc628\ub2e4. \ucc28\uc785 \ube44\uc6a9 \uc0c1\uc2b9\uc740 \uc720\ub7fd \uc99d\uc2dc\uc5d0 \ubd80\ub2f4\uc774 \ub420 \uc218 \uc788\uc5b4, EURO STOXX 50 \uac19\uc740 \uc8fc\uac00\uc9c0\uc218 \ud48b\uc635\uc158(\uc9c0\uc218\uac00 \ud558\ub77d\ud560 \ub54c \uc774\uc775\uc774 \ub098\ub294 \uad8c\ub9ac)\uc744 \ub9e4\uc218\ud574 \ud558\ub77d \uc704\ud5d8\uc744 \ud5e4\uc9c0(\uc190\uc2e4\uc744 \uc904\uc774\uae30 \uc704\ud55c \ubc29\uc5b4 \uac70\ub798)\ud558\ub294 \ubc29\ubc95\uc774 \uac70\ub860\ub41c\ub2e4. \ube44\uc6a9\uc744 \ub0ae\ucd94\ub824\uba74 \ud48b \uc2a4\ud504\ub808\ub4dc(\uc11c\ub85c \ub2e4\ub978 \ud589\uc0ac\uac00\uc758 \ud48b\uc635\uc158\uc744 \ud568\uaed8 \uac70\ub798\ud574 \ubcf4\ud5d8\ub8cc\ub97c \ub0ae\ucd94\ub294 \uad6c\uc870)\ub97c \ud65c\uc6a9\ud560 \uc218\ub3c4 \uc788\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cECB \uae08\ub9ac \uc778\ud558 \ub05d?\u201d \ub098\uac94, \uc911\ub3d9 \ubd84\uc7c1 \uc7a5\uae30\ud654 \uc2dc \ubb3c\uac00 \uace0\ucc29 \uacbd\uace0\u20266\uc6d4 \uc778\uc0c1 \uac00\ub2a5\uc131 \uc2dc\uc0ac. \uc720\uac00\u00b7HICP \uc555\ub825\uc5d0 \uc720\ub9ac\ubcf4\u00b7OIS \uc7ac\uac00\uaca9\ud654, \uc720\ub85c \uac15\uc138\u00b7\uc8fc\uc2dd \ud5e4\uc9c0 \ud544\uc694.<\/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-46152","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\/46152","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=46152"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46152\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}