{"id":46913,"date":"2026-05-18T11:23:01","date_gmt":"2026-05-18T11:23:01","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/ecb-%ec%a4%91%eb%8f%99%eb%b0%9c-%ec%9c%a0%ea%b0%80-%ec%b6%a9%ea%b2%a9%ec%97%90-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%9c%84%ed%97%98-%ea%b2%bd%ea%b3%a0%ec%86%8c%ec%8b%9c%ec%97%90\/"},"modified":"2026-05-18T11:23:01","modified_gmt":"2026-05-18T11:23:01","slug":"ecb-%ec%a4%91%eb%8f%99%eb%b0%9c-%ec%9c%a0%ea%b0%80-%ec%b6%a9%ea%b2%a9%ec%97%90-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%9c%84%ed%97%98-%ea%b2%bd%ea%b3%a0%ec%86%8c%ec%8b%9c%ec%97%90","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/ecb-%ec%a4%91%eb%8f%99%eb%b0%9c-%ec%9c%a0%ea%b0%80-%ec%b6%a9%ea%b2%a9%ec%97%90-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%9c%84%ed%97%98-%ea%b2%bd%ea%b3%a0%ec%86%8c%ec%8b%9c%ec%97%90\/","title":{"rendered":"ECB, \uc911\ub3d9\ubc1c \uc720\uac00 \ucda9\uaca9\uc5d0 \uc778\ud50c\ub808\uc774\uc158 \uc704\ud5d8 \uacbd\uace0\u2026\uc18c\uc2dc\uc5d0\ud14c\uc81c\ub124\ub784 \u201c6\uc6d4 \uae08\ub9ac\uc778\uc0c1 \uac00\ub2a5\uc131 \ud655\ub300\u201d"},"content":{"rendered":"

ECB \uacbd\uc81c\ubcf4\uace0\uc11c(Economic Bulletin)\ub294 \uc911\ub3d9\ubc1c(\u767c) \uc720\uac00 \ucda9\uaca9\uc774 \ubc1c\uc0dd\ud560 \uacbd\uc6b0 \uacbd\uc81c\ud65c\ub3d9\uc744 \uc704\ucd95\uc2dc\ud0a4\ub294 \uc601\ud5a5\ubcf4\ub2e4 \ubb3c\uac00\ub97c \ub04c\uc5b4\uc62c\ub9ac\ub294 \uc601\ud5a5\uc774 \ub354 \ud06c\ub2e4\uace0 \ubd84\uc11d\ud588\ub2e4. \ub610\ud55c \uac00\uacc4 \uc2e0\ub8b0(\uc18c\ube44\uc790 \uc2ec\ub9ac)\uac00 \uae09\uaca9\ud788 \uc545\ud654\ub418\uba74 \uacbd\uae30 \ud558\ub77d \ud3ed\uc774 \ub354 \ucee4\uc9c8 \uc218 \uc788\ub2e4\uace0 \uc9c0\uc801\ud588\ub2e4.<\/p>\n

\ubcf4\uace0\uc11c\ub294 \uc2e0\ub8b0 \uc57d\ud654\uac00 \uc0dd\uc0b0(\uc2e4\uc9c8 GDP)\uc5d0 \uc601\ud5a5\uc744 \uc8fc\uae30\uae4c\uc9c0 \uc2dc\uac04\uc774 \uac78\ub9b0\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4. 2026\ub144 GDP \uc131\uc7a5\ub960\uc5d0\ub294 \uc601\ud5a5\uc774 \uc81c\ud55c\uc801\uc774\uc9c0\ub9cc 2027\ub144 \uc131\uc7a5\ub960\uc5d0\ub294 \ud070 \uc601\ud5a5\uc744 \uc904 \uc218 \uc788\ub2e4\uace0 \ubd24\ub2e4.<\/p>\n

\uc2dc\uc7a5 \uc2e0\ud638\uc640 \uc911\uc559\uc740\ud589\uc758 \uad00\uc810<\/h3>\n

\uc18c\uc2dc\uc5d0\ud14c\uc81c\ub124\ub784\uc740 \ud5a5\ud6c4 \uae30\uc5c5 \uc124\ubb38\uc870\uc0ac \uacb0\uacfc\uc5d0\uc11c \uacbd\uae30(\ud65c\ub3d9) \uc9c0\ud45c\uc758 \ubbf8\uc138\ud55c \ubcc0\ud654\uc640 \ud568\uaed8 \ubb3c\uac00 \uc555\ub825 \uc7ac\ud655\ub300\ub97c \uc810\uac80\ud560 \uac83\uc774\ub77c\uace0 \ubc1d\ud614\ub2e4. \ud2b9\ud788 \uc11c\ube44\uc2a4 \ubd80\ubb38\uc5d0\uc11c \uc804\ubc18\uc801\uc778 \ubb3c\uac00 \uc555\ub825(\uc5ec\ub7ec \ud488\ubaa9\uc5d0\uc11c \ub113\uac8c \ub098\ud0c0\ub098\ub294 \uac00\uaca9 \uc0c1\uc2b9)\uc774 \ub098\ud0c0\ub098\ub294\uc9c0 \uc5ec\ubd80\ub97c \uc911\uc559\uc740\ud589\uc774 \uc8fc\uc2dc\ud560 \uac83\uc774\ub77c\uace0 \ud588\ub2e4.<\/p>\n

\uc18c\uc2dc\uc5d0\ud14c\uc81c\ub124\ub784\uc740 \ud65c\ub3d9 \uc9c0\uc218(\uae30\uc5c5 \uc124\ubb38\uc5d0\uc11c \uacbd\uae30 \uc218\uc900\uc744 \uc218\uce58\ub85c \ub9cc\ub4e0 \uc9c0\ud45c)\uac00 \uc18c\ud3ed\ub9cc \uc6c0\uc9c1\uc774\ub294 \ubc18\uba74 \uac00\uaca9 \uc9c0\uc218(\uac19\uc740 \uc124\ubb38\uc5d0\uc11c \uae30\uc5c5\uc758 \ud310\ub9e4\uac00\uaca9 \uc0c1\uc2b9\u00b7\ud558\ub77d \uc751\ub2f5\uc744 \uc9c0\uc218\ud654\ud55c \uac12)\uac00 \uacc4\uc18d \uc624\ub974\uba74, 6\uc6d4 ECB \uae08\ub9ac \uc778\uc0c1 \uac00\ub2a5\uc131\uc5d0 \ub300\ud55c \uc2dc\uc7a5\uc758 \uc758\uad6c\uc2ec\uc774 \uc904\uc5b4\ub4e4 \uac83\uc774\ub77c\uace0 \uc124\uba85\ud588\ub2e4. \uc911\ub3d9 \uae34\uc7a5\uc774 \uac11\uc790\uae30 \ub69c\ub837\ud558\uac8c \uc644\ud654\ub418\uc9c0 \uc54a\ub294 \ud55c, \uc774\ub7ec\ud55c \uc2dc\ub098\ub9ac\uc624\ub97c \ub9c9\uae30 \uc5b4\ub835\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n

\uc911\ub3d9 \uae34\uc7a5\uc73c\ub85c \uc720\uac00 \ucda9\uaca9 \uc704\ud5d8\uc774 \ucee4\uc9c0\uba74\uc11c \uc2dc\uc7a5\uc758 \uad00\uc2ec\uc740 \uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00\uc0c1\uc2b9\ub960)\uc5d0 \ub354 \uc9d1\uc911\ub418\uace0 \uc788\ub2e4. \ube0c\ub80c\ud2b8\uc720 \uc120\ubb3c(\ud5a5\ud6c4 \uc778\ub3c4\ub420 \uc6d0\uc720\ub97c \ubbf8\ub9ac \uc815\ud55c \uac00\uaca9\uc5d0 \uac70\ub798\ud558\ub294 \uacc4\uc57d)\uc774 \ubc30\ub7f4\ub2f9 105\ub2ec\ub7ec\ub97c \uc6c3\ub3cc\uace0 \uc788\ub294\ub370, \uc774\ub294 2025\ub144 \ub9d0 \uacf5\uae09\ub9dd \ubd88\uc548 \uc774\ud6c4 \uafb8\uc900\ud788 \ub098\ud0c0\ub098\uc9c0 \uc54a\uc558\ub358 \uc218\uc900\uc774\ub2e4. ECB\uac00 \ud604\uc7ac \uac00\uc7a5 \uc6b0\ub824\ud558\ub294 \ubd80\ubd84\ub3c4 \uc774\ub7f0 \uac00\uaca9 \uc555\ub825\uc774\ub2e4.<\/p>\n

\ucd5c\uadfc \uc9c0\ud45c\ub3c4 \uae34\ucd95(\ub9e4\ud30c) \uc804\ub9dd\uc744 \ub4b7\ubc1b\uce68\ud55c\ub2e4. 2026\ub144 4\uc6d4 \uc720\ub85c\uc874 HICP(\uc870\ud654 \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218: \uc720\ub85c\uc874 \uad6d\uac00\ub4e4\uc774 \uac19\uc740 \uae30\uc900\uc73c\ub85c \uc0b0\ucd9c\ud55c \uc18c\ube44\uc790\ubb3c\uac00) \uc7a0\uc815\uce58\uac00 3.1%\ub85c \ub192\uac8c \ub098\ud0c0\ub0ac\ub2e4. 2025\ub144\uc5d0\ub294 \ubb3c\uac00\uac00 \ub454\ud654\ub418\ub294 \ub4ef \ubcf4\uc600\uc9c0\ub9cc, \uc774\ubc88 \ud750\ub984\uc740 \ud2b9\ud788 \uc11c\ube44\uc2a4 \ubd80\ubb38\uc5d0\uc11c \uac00\uaca9 \uc0c1\uc2b9 \uc555\ub825\uc774 \ub2e4\uc2dc \uace0\ucc29\ud654(\uc77c\uc2dc\uc801\uc774 \uc544\ub2c8\ub77c \uad6c\uc870\uc801\uc73c\ub85c \uc9c0\uc18d)\ub418\uace0 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4. ECB\uac00 \uc774\ub97c \uc678\uba74\ud558\uae30 \uc5b4\ub835\ub2e4\ub294 \ub73b\uc774\ub2e4.<\/p>\n

6\uc6d4 \uc815\ucc45 \ub9ac\uc2a4\ud06c\uc5d0 \ub300\ud55c \ub300\uc751<\/h3>\n

\uc774\ub7f0 \uc0c1\ud669\uc740 6\uc6d4 ECB \uae08\ub9ac \uc778\uc0c1 \uac00\ub2a5\uc131\uc5d0 \ub300\ube44\ud55c \ud3ec\uc9c0\uc158(\uc2dc\uc7a5 \ub178\ucd9c)\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \ud30c\uc0dd\uc0c1\ud488(\uae30\ucd08\uc790\uc0b0 \uac00\uaca9\uc5d0 \uc5f0\ub3d9\ud574 \uac00\uce58\uac00 \uc6c0\uc9c1\uc774\ub294 \uae08\uc735\uc0c1\ud488) \ud22c\uc790\uc790\ub294 \uc720\ub85c\uc874 \ub2e8\uae30\uae08\ub9ac \uc0c1\uc2b9\uc5d0 \uc720\ub9ac\ud55c \uc804\ub7b5\uc744 \uac80\ud1a0\ud560 \uc218 \uc788\ub2e4. \uc608\ub97c \ub4e4\uc5b4 \ub2e8\uae30 \uad6c\uac04 \uc720\ub9ac\ubcf4(Euribor) \uc120\ubb3c \ub9e4\ub3c4(\uac00\uaca9 \ud558\ub77d\uc5d0 \ubca0\ud305)\ub098 \uae08\ub9ac \uc2a4\uc651(\uace0\uc815\uae08\ub9ac\uc640 \ubcc0\ub3d9\uae08\ub9ac\ub97c \uad50\ud658\ud574 \uae08\ub9ac \ubcc0\ub3d9\uc5d0 \ub300\uc751\ud558\ub294 \uacc4\uc57d) \ud65c\uc6a9\uc774 \uac00\ub2a5\ud558\ub2e4. \uc2dc\uc7a5\uc740 25bp(\ubca0\uc774\uc2dc\uc2a4\ud3ec\uc778\ud2b8: 0.01%\ud3ec\uc778\ud2b8, 25bp=0.25%\ud3ec\uc778\ud2b8) \uc778\uc0c1 \ud655\ub960\uc744 80% \uc774\uc0c1\uc73c\ub85c \ubc18\uc601\ud558\uace0 \uc788\ub2e4.<\/p>\n

\uc18c\ube44\uc790 \uc2ec\ub9ac \uc545\ud654\ub85c \uc778\ud55c \uacbd\uae30 \ud0c0\uaca9\uc740 \ub354 \ub2a6\uac8c \ub098\ud0c0\ub0a0 \uac00\ub2a5\uc131\uc774 \ud06c\uba70, \uc62c\ud574\ubcf4\ub2e4 2027\ub144 \uc131\uc7a5\uc5d0 \uc601\ud5a5\uc744 \uc904 \uc218 \uc788\ub2e4\ub294 \uad00\uce21\uc774 \uc6b0\uc138\ud558\ub2e4. \ub2f9\uc7a5\uc740 ECB\uac00 \ubbf8\ub798\uc758 \uacbd\uae30 \ub454\ud654\ubcf4\ub2e4 \ub208\uc55e\uc758 \ubb3c\uac00 \uc704\ud611\uc744 \ub354 \ud06c\uac8c \ubcf4\uace0 \uc788\ub2e4\ub294 \uc758\ubbf8\ub2e4. \uc774\ub294 ECB\uac00 \ub2a6\ucd94\uae30\ubcf4\ub2e4 \ube60\ub974\uac8c \ub300\uc751\ud560 \uba85\ubd84\uc744 \uac15\ud654\ud55c\ub2e4.<\/p>\n

\ub530\ub77c\uc11c \ud5a5\ud6c4 \uae30\uc5c5 \uc124\ubb38\uc5d0\uc11c \uacbd\uae30 \uc9c0\ud45c\uc758 \ud070 \ubcc0\ud654\uac00 \uc788\ub294\uc9c0 \ud655\uc778\ud558\ub418, \ud575\uc2ec\uc740 \uac00\uaca9 \uc9c0\uc218\ub2e4. \uc9c0\uc815\ud559\uc801 \uae34\uc7a5\uc774 \uac11\uc790\uae30 \ud06c\uac8c \uc644\ud654\ub418\uc9c0 \uc54a\ub294 \ud55c, 6\uc6d4 \uae08\ub9ac \uc778\uc0c1\uc5d0 \ub300\ud55c \ub0a8\uc740 \uc758\uad6c\uc2ec\uc740 \ube60\ub974\uac8c \uc0ac\ub77c\uc9c0\uace0 \uc788\ub2e4. \ud5a5\ud6c4 \uba87 \uc8fc\uac04 \uc815\ucc45 \uae30\uc870\ub294 \ub354 \uacf5\uaca9\uc801\uc778(\uae34\ucd95\uc801\uc778) \ubc29\ud5a5\uc73c\ub85c \uad73\uc5b4\uc9c0\ub294 \ud750\ub984\uc774\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201c\uc911\ub3d9\ubc1c \uc720\uac00 \uc1fc\ud06c\u201d\uac00 ECB\ub97c \ub2e4\uc2dc \ub9e4\ud30c\ub85c \ub3cc\ub9b0\ub2e4: \ubb3c\uac00\uac00 \uacbd\uae30\ubcf4\ub2e4 \ub354 \ub6f4\ub2e4. \uc11c\ube44\uc2a4 \uc778\ud50c\ub808 \uace0\ucc29 \ub550 6\uc6d4 25bp \uc778\uc0c1 \ud655\ub960 80%\u2191, \uc131\uc7a5 \ucda9\uaca9\uc740 2027\ub144.<\/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-46913","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\/46913","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=46913"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46913\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}