{"id":49161,"date":"2026-06-02T13:47:19","date_gmt":"2026-06-02T13:47:19","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ec%9c%a0%eb%a1%9c%ec%a1%b4-hicp-%eb%ac%bc%ea%b0%80%ec%83%81%ec%8a%b9%eb%a5%a0-5%ec%9b%94-0-1%eb%a1%9c-%ea%b8%89%eb%9d%bdecb-%ea%b8%88%eb%a6%ac-%ec%9d%b8%ed%95%98-%ea%b8%b0%eb%8c%80\/"},"modified":"2026-06-02T13:47:19","modified_gmt":"2026-06-02T13:47:19","slug":"%ec%9c%a0%eb%a1%9c%ec%a1%b4-hicp-%eb%ac%bc%ea%b0%80%ec%83%81%ec%8a%b9%eb%a5%a0-5%ec%9b%94-0-1%eb%a1%9c-%ea%b8%89%eb%9d%bdecb-%ea%b8%88%eb%a6%ac-%ec%9d%b8%ed%95%98-%ea%b8%b0%eb%8c%80","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ec%9c%a0%eb%a1%9c%ec%a1%b4-hicp-%eb%ac%bc%ea%b0%80%ec%83%81%ec%8a%b9%eb%a5%a0-5%ec%9b%94-0-1%eb%a1%9c-%ea%b8%89%eb%9d%bdecb-%ea%b8%88%eb%a6%ac-%ec%9d%b8%ed%95%98-%ea%b8%b0%eb%8c%80\/","title":{"rendered":"\uc720\ub85c\uc874 HICP \ubb3c\uac00\uc0c1\uc2b9\ub960, 5\uc6d4 0.1%\ub85c \uae09\ub77d\u2026ECB \uae08\ub9ac \uc778\ud558 \uae30\ub300 \uac15\ud654"},"content":{"rendered":"<p>\uc720\ub85c\uc874\uc758 \uc870\ud654 \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218(HICP) \uc778\ud50c\ub808\uc774\uc158\uc740 5\uc6d4 \uc804\uc6d4 \ub300\ube44 0.1%\ub85c \ub454\ud654\ud574, \uc9c1\uc804\uce58 1%\uc5d0\uc11c \ud06c\uac8c \ub0ae\uc544\uc84c\ub2e4. \uc774\ub294 \uc774\uc804 \ubc1c\ud45c \ub300\ube44 \uc720\ub85c\uc874 \uc804\ubc18\uc758 \uc6d4\uac04 \ubb3c\uac00 \uc0c1\uc2b9 \uc18d\ub3c4\uac00 \ud604\uc800\ud788 \ub290\ub824\uc84c\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4.<\/p>\n<p>\uc804\uc6d4 \ub300\ube44 \uc0c1\uc2b9\ub960\uc774 1%\uc5d0\uc11c 0.1%\ub85c \ub5a8\uc5b4\uc84c\ub2e4\ub294 \uac83\uc740 5\uc6d4 \ubb3c\uac00\uac00 4\uc6d4 \ub300\ube44 \uac70\uc758 \ubbf8\ubbf8\ud55c \uc218\uc900\uc73c\ub85c\ub9cc \uc0c1\uc2b9\ud588\uc74c\uc744 \uc758\ubbf8\ud558\uba70, HICP \uae30\uc900 \ub2e8\uae30 \uc778\ud50c\ub808\uc774\uc158 \ubaa8\uba58\ud140\uc774 \uc57d\ud654\ub410\uc74c\uc744 \ubcf4\uc5ec\uc900\ub2e4. \uc774\ubc88 \uc5c5\ub370\uc774\ud2b8\ub294 \uc720\ub85c\uc9c0\uc5ed \uc804\uccb4(\ucd1d\uc9c0\uc218) HICP\uc5d0 \uc801\uc6a9\ub418\uba70, \uc870\ud654 \uc9c0\ud45c\uc758 \ucd5c\uc2e0 \uc6d4\uac04 \ubcc0\ub3d9\uc744 \ubc18\uc601\ud55c\ub2e4.<\/p>\n<h3>\uc2dc\uc7a5 \uc2dc\uc0ac\uc810 \ubc0f ECB \uc815\ucc45 \uc804\ub9dd<\/h3>\n<p>\uc804\uc6d4 \ub300\ube44 \uc778\ud50c\ub808\uc774\uc158\uc774 \uae09\ub77d\ud558\uba74\uc11c \uc720\ub7fd\uc911\uc559\uc740\ud589(ECB) \uc815\ucc45 \uc804\ub9dd\uc740 \uadfc\ubcf8\uc801\uc73c\ub85c \ubc14\ub00c\uac8c \ub410\ub2e4. \uc6b0\ub9ac\ub294 \uc774\ubc88 \uc9c0\ud45c\ub85c \uc778\ud574 ECB\uac00 7\uc6d4 \ub610\ub294 9\uc6d4 \ud68c\uc758\uc5d0\uc11c \uae08\ub9ac\ub97c \uc778\ud558\ud560 \uac00\ub2a5\uc131\uc774 \ub9e4\uc6b0 \ub192\uc544\uc84c\ub2e4\uace0 \ud310\ub2e8\ud55c\ub2e4. \uc2dc\uc7a5\uc740 \ubcf4\ub2e4 \ube44\ub458\uae30\ud30c\uc801\uc778 \uc911\uc559\uc740\ud589\uc744 \ubc18\uc601\ud574 \uc804\uccb4 \uae08\ub9ac \ud3ec\uc6cc\ub4dc \ucee4\ube0c\ub97c \uc7ac\uac00\uaca9\uc870\uc815(re-pricing)\ud574\uc57c \ud55c\ub2e4.<\/p>\n<p>\uc6b0\ub9ac\ub294 \ud5a5\ud6c4 \ucc28\uc785\ube44\uc6a9 \ud558\ub77d\uc5d0 \ubca0\ud305\ud558\uba70 \uae08\ub9ac\uc2a4\uc651 \ud3ec\uc9c0\uc158\uc744 \u2018\uace0\uc815\uae08\ub9ac \uc218\ucde8(receive fixed)\u2019\ub85c \uc870\uc815\ud558\uace0 \uc788\ub2e4. \uc5f0\ub9d0\uae4c\uc9c0 25bp 1\ud68c \uc778\ud558\ub9cc \ubc18\uc601\ud558\ub358 OIS(\uc624\ubc84\ub098\uc774\ud2b8 \uc778\ub371\uc2a4 \uc2a4\uc651)\ub294 \uc774\uc81c 2\ud68c, \ub098\uc544\uac00 3\ud68c \uc778\ud558 \uac00\ub2a5\uc131\uae4c\uc9c0 \ube60\ub974\uac8c \ubc18\uc601\ud558\ub294 \ucabd\uc73c\ub85c \uc6c0\uc9c1\uc774\uace0 \uc788\ub2e4. \uae08\ub9ac \ud558\ub77d \uae30\ub300\uac00 \uacf5\uace0\ud574\uc9c8\uc218\ub85d \uac00\uce58\uac00 \uc0c1\uc2b9\ud558\ub294 \uc720\ub9ac\ubcf4(Euribor) \uc120\ubb3c\uc740 \ub9e4\uc218 \uad00\uc810\uc774 \uc720\ud6a8\ud558\ub2e4.<\/p>\n<h3>\ud658\uc728\u00b7\uc8fc\uc2dd \ubc0f \uac70\uc2dc \ud658\uacbd<\/h3>\n<p>\ube44\ub458\uae30\ud30c\uc801\uc778 ECB\ub294 \ub2ec\ub7ec\uc5d0 \ub300\ud574 \uc720\ub85c\ud654 \uc57d\uc138 \uc694\uc778\uc73c\ub85c \uc791\uc6a9\ud560 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4. \ud2b9\ud788 \ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed)\uac00 \uc5ec\uc804\ud788 \uc2e0\uc911\ud55c \uae30\uc870\ub97c \uc2dc\uc0ac\ud558\ub294 \uac00\uc6b4\ub370, \ud604\uc7ac 1.0950 \ubd80\uadfc\uc758 EUR\/USD \ud658\uc728\uc740 \ucd94\uac00 \ud558\ub77d\uc5d0 \ucde8\uc57d\ud558\ub2e4\uace0 \ubcf8\ub2e4. \uc774\uc5d0 \ub530\ub77c \uc6b0\ub9ac\ub294 \ud5a5\ud6c4 \uc218\uc8fc \ub0b4 1.0700 \uc218\uc900\uc73c\ub85c\uc758 \ud558\ub77d \uac00\ub2a5\uc131\uc5d0 \ub300\ube44\ud574 EUR\/USD \ud48b\uc635\uc158\uc744 \ub9e4\uc218\ud558\uace0 \uc788\ub2e4.<\/p>\n<p>\uc774 \ud658\uacbd\uc740 \ucc28\uc785\ube44\uc6a9 \ud558\ub77d\uc774 \uae30\uc5c5\uc774\uc775\uacfc \ubc38\ub958\uc5d0\uc774\uc158\uc5d0 \uc6b0\ud638\uc801\uc73c\ub85c \uc791\uc6a9\ud55c\ub2e4\ub294 \uc810\uc5d0\uc11c \uc720\ub7fd \uc8fc\uc2dd\uc2dc\uc7a5\uc5d0\ub294 \uc9c0\uc9c0\uc801\uc774\ub2e4. \uc6b0\ub9ac\ub294 EURO STOXX 50 \uc9c0\uc218\uc5d0 \ub300\ud574 \uc678\uac00\uaca9(OTM) \ud48b\uc635\uc158\uc744 \ub9e4\ub3c4\ud558\ub294 \uc804\ub7b5\uc744 \uac80\ud1a0 \uc911\uc774\ub2e4. \uc774\ub294 \ud504\ub9ac\ubbf8\uc5c4\uc744 \ud655\ubcf4\ud558\uba74\uc11c \uc8fc\uac00\uac00 \uc548\uc815\uc801\uc774\uac70\ub098 \uc0c1\uc2b9\ud558\ub294 \uad6d\uba74\uc5d0 \ud3ec\uc9c0\uc154\ub2dd\ud560 \uc218 \uc788\ub294 \ubc29\uc2dd\uc774\ub2e4.<\/p>\n<p>\uc778\ud50c\ub808\uc774\uc158 \ub454\ud654\ub294 \uc57d\ud654\ub418\ub294 \uacbd\uae30\uc9c0\ud45c\uc640 \ub9de\ubb3c\ub824 \ub098\ud0c0\ub098\uace0 \uc788\uc73c\uba70, \uc9c0\ub09c \ubd84\uae30 GDP \uc131\uc7a5\ub960\uc740 0.1%\uc5d0 \uadf8\ucce4\ub2e4. \uadfc\uc6d0\ubb3c\uac00\ub3c4 \uc804\ub144 \ub3d9\uae30 \ub300\ube44 2.9%\ub85c \ub0ae\uc544\uc838 ECB\uac00 \ub300\uc751\ud560 \uc218 \uc788\ub294 \u2018\uba85\ud655\ud55c \uacf5\uac04(runway)\u2019\uc744 \uc81c\uacf5\ud55c\ub2e4. \uc5ed\uc0ac\uc801\uc73c\ub85c\ub3c4 2011~2012\ub144\ucc98\ub7fc \uc131\uc7a5 \ub454\ud654\uc640 \uc778\ud50c\ub808\uc774\uc158\uc758 \ube60\ub978 \uac10\uc18d\uc774\ub77c\ub294 \uc774\uc911 \uc555\ub825\uc774 \ub098\ud0c0\ub0a0 \ub54c ECB\ub294 \uae08\ub9ac \uc778\ud558\uc5d0 \ub098\uc120 \ubc14 \uc788\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\uc720\ub85c\uc874 5\uc6d4 HICP \uc804\uc6d4\ube44 0.1%\ub85c \uae09\ub77d(\uc804\uc6d4 1%)\u2026\ub2e8\uae30 \uc778\ud50c\ub808 \ubaa8\uba58\ud140 \uc57d\ud654. ECB 7\u00b79\uc6d4 \uc778\ud558 \uae30\ub300 \uae09\ubd80\uc0c1, OIS 2~3\ud68c \ubc18\uc601. \uc720\ub85c \uc57d\uc138\u00b7\uc8fc\uc2dd \uc6b0\ud638.<\/p>\n","protected":false},"author":87,"featured_media":47735,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-49161","post","type-post","status-publish","format-standard","has-post-thumbnail","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\/49161","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=49161"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/49161\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media\/47735"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=49161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=49161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=49161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}