{"id":49244,"date":"2026-06-03T14:46:38","date_gmt":"2026-06-03T14:46:38","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%af%b8%c2%b7%ec%9d%b4%eb%9e%80-%ea%b8%b4%ec%9e%a5-%ea%b3%a0%ec%a1%b0%eb%a1%9c-ecb-%ea%b8%88%eb%a6%ac-%ec%9d%b8%ec%83%81-%ea%b0%80%eb%8a%a5%ec%84%b1-%ed%99%95%eb%8c%80%ec%9c%a0%eb%a1%9c\/"},"modified":"2026-06-03T14:46:38","modified_gmt":"2026-06-03T14:46:38","slug":"%eb%af%b8%c2%b7%ec%9d%b4%eb%9e%80-%ea%b8%b4%ec%9e%a5-%ea%b3%a0%ec%a1%b0%eb%a1%9c-ecb-%ea%b8%88%eb%a6%ac-%ec%9d%b8%ec%83%81-%ea%b0%80%eb%8a%a5%ec%84%b1-%ed%99%95%eb%8c%80%ec%9c%a0%eb%a1%9c","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%af%b8%c2%b7%ec%9d%b4%eb%9e%80-%ea%b8%b4%ec%9e%a5-%ea%b3%a0%ec%a1%b0%eb%a1%9c-ecb-%ea%b8%88%eb%a6%ac-%ec%9d%b8%ec%83%81-%ea%b0%80%eb%8a%a5%ec%84%b1-%ed%99%95%eb%8c%80%ec%9c%a0%eb%a1%9c\/","title":{"rendered":"\ubbf8\u00b7\uc774\ub780 \uae34\uc7a5 \uace0\uc870\ub85c ECB \uae08\ub9ac \uc778\uc0c1 \uac00\ub2a5\uc131 \ud655\ub300\u2026\uc720\ub85c\ud654 \uac15\uc138 \uc18d \uc720\ub85c\uc874 \ubb3c\uac00 \u2018\uc2a4\ud0dc\uadf8\ud50c\ub808\uc774\uc158\u2019 \uc704\ud5d8"},"content":{"rendered":"<p>\uc720\ub85c\uc874 \uc2dc\uc7a5\uc740 \ubbf8\uad6d-\uc774\ub780 \uae34\uc7a5 \uace0\uc870\uc640 \uc5f0\uacc4\ub41c \uc2a4\ud0dc\uadf8\ud50c\ub808\uc774\uc158 \ucda9\uaca9\uc744 \ubc18\uc601\ud574 \uac00\uaca9\uc774 \ud615\uc131\ub418\uace0 \uc788\uc73c\uba70, \uc720\ub7fd\uc774 \ubbf8\uad6d\ubcf4\ub2e4 \ub354 \ud070 \uc601\ud5a5\uc744 \ubc1b\uc744 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4. \uc774\ub7ec\ud55c \ubc30\uacbd\uc740 \uc720\ub7fd\uc911\uc559\uc740\ud589(ECB)\uc744 \ub354 \uc774\ub978 \uae34\ucd95\uc73c\ub85c \ubc00\uc5b4\ubd99\uc774\ub294 \uc694\uc778\uc73c\ub85c \ud3c9\uac00\ub418\uba70, 6\uc6d4 11\uc77c \ud68c\uc758\uc5d0\uc11c \uc608\uce58\uae08\ub9ac 25bp \uc778\uc0c1\uc774 \uc608\uc0c1\ub3fc 2.25%\ub85c \uc62c\ub77c\uac08 \uac83\uc73c\ub85c \uc804\ub9dd\ub41c\ub2e4. \uac00\uc774\ub358\uc2a4\ub294 \uc2e0\uc911\ud55c \uae30\uc870\ub97c \uc720\uc9c0\ud558\ub418 \ub9e4\ud30c\uc801 \uc131\ud5a5\uc744 \uc77c\ubd80 \ub0a8\uae38 \uac83\uc73c\ub85c \ubcf4\uc774\uba70, \uc815\ucc45 \uc6b4\uc6a9\uc740 \u2018\ud68c\uc758\ubcc4(meeting-to-meeting)\u2019 \uc811\uadfc\uc73c\ub85c \uc81c\uc2dc\ub420 \uac83\uc73c\ub85c \uad00\uce21\ub41c\ub2e4.<\/p>\n<p>\ud558\ubc18\uae30(2H) \ucd94\uac00 \uc778\uc0c1 \uac00\ub2a5\uc131\ub3c4 \uac70\ub860\ub418\uc9c0\ub9cc, \uc774\ub294 \ud734\uc804 \uc131\ub9bd \ubc0f \uae34\uc7a5 \uc644\ud654 \ub4f1 \uc804\uac1c \uc0c1\ud669\uc5d0 \ub2ec\ub824 \uc788\ub2e4\ub294 \uc870\uac74\ubd80 \uc2dc\ub098\ub9ac\uc624\ub85c \uc81c\uc2dc\ub41c\ub2e4. \uac70\uc2dc \uce21\uba74\uc5d0\uc11c\ub294 2026\ub144 \uc131\uc7a5\ub960 \uc804\ub9dd\uce58\ub97c 1.4%\uc5d0\uc11c 1.0%\ub85c \ud558\ud5a5\ud558\ub294 \ud55c\ud3b8, \uc5f0\uac04 \ubb3c\uac00 \uc804\ub9dd\uc740 \uc0c1\ud5a5 \uc870\uc815\ud55c\ub2e4. \ub610\ud55c 2026\ub144 2\ubd84\uae30(2Q26) \uae30\uc900 \uc720\uac00(\uc6d0\uc720) 90\ub2ec\ub7ec\/\ubc30\ub7f4(pb), \uac00\uc2a4 \uac00\uaca9 50\uc720\ub85c\/MWh\ub97c \uae30\ubcf8 \uac00\uc815\uc73c\ub85c \ub450\ub418 \uc774\ud6c4 \uac00\uaca9\uc774 \uc644\ud654\ub418\ub294 \uacbd\ub85c\ub97c \uc5b8\uae09\ud558\uba70, ECB\uac00 3\uc6d4 \uc131\uc7a5\u00b7\ubb3c\uac00\uc5d0 \ub300\ud55c \ud568\uc758\ub97c \ub2f4\uc740 \u2018\ubd80\uc815\uc801(adverse)\u2019 \ubc0f \u2018\uc2ec\uac01(severe)\u2019 \uc2dc\ub098\ub9ac\uc624\ub97c \uc81c\uc2dc\ud55c \ubc14 \uc788\uc74c\uc744 \uc0c1\uae30\ud55c\ub2e4.<\/p>\n<h3>\uc5d0\ub108\uc9c0 \uac00\uaca9 \ucda9\uaca9\uacfc ECB \uc815\ucc45 \uc804\ub9dd<\/h3>\n<p>\ubbf8\uad6d-\uc774\ub780 \uae34\uc7a5\uc5d0\uc11c \ube44\ub86f\ub41c \uc2a4\ud0dc\uadf8\ud50c\ub808\uc774\uc158 \ucda9\uaca9\uc758 \uc601\ud5a5\uc774 \ubbf8\uad6d\ubcf4\ub2e4 \uc720\ub7fd\uc5d0 \ub354 \ud06c\uac8c \ub098\ud0c0\ub0a0 \uac83\uc774\ub77c\ub294 \uc810\uc774 \uc810\ucc28 \ubd84\uba85\ud574\uc9c0\uace0 \uc788\ub2e4. \ucd5c\uadfc 7\uc6d4\ubb3c \ube0c\ub80c\ud2b8\uc720 \uc120\ubb3c\uc774 \ubc30\ub7f4\ub2f9 94\ub2ec\ub7ec\uae4c\uc9c0 \uc0c1\uc2b9\ud55c \uac00\uc6b4\ub370, \uc6b0\ub9ac\ub294 \uc774\ub7ec\ud55c \ud750\ub984\uc774 ECB\ub85c \ud558\uc5ec\uae08 \uc2dc\uc7a5 \uc608\uc0c1\ubcf4\ub2e4 \ub354 \uc774\ub974\uac8c \ud1b5\ud654\uc815\ucc45\uc744 \uae34\ucd95\ud558\ub3c4\ub85d \uc555\ubc15\ud560 \uac83\uc73c\ub85c \ubcf8\ub2e4. \uc774\ub7ec\ud55c \ub300\uc678\ubc1c \uac00\uaca9 \uc555\ub825\uc740 2026\ub144 1\ubd84\uae30(Q1 2026) \uc784\uae08 \uc0c1\uc2b9\ub960\uc774 4.5%\ub85c \uc774\ubbf8 \uacfc\uc5f4 \uc591\uc0c1\uc744 \ubcf4\uc778 \uad6d\ub0b4 \uc5ec\uac74\uacfc \ub9de\ubb3c\ub824 \uc778\ud50c\ub808\uc774\uc158 \ubd80\ub2f4\uc744 \ud0a4\uc6b4\ub2e4.<\/p>\n<p>\uc6b0\ub9ac\ub294 6\uc6d4 11\uc77c \ud68c\uc758\uc5d0\uc11c \uc608\uce58\uae08\ub9ac\ub97c 25bp \uc120\uc81c\uc801\uc73c\ub85c \uc778\uc0c1\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ud55c\ub2e4. \uadf8\ub7ec\ub098 \ud604\uc7ac \uae08\ub9ac\uc2dc\uc7a5\uc774 \ubc18\uc601\ud558\ub294 \ud574\ub2f9 \uc778\uc0c1 \ud655\ub960\uc740 40%\uc5d0 \uadf8\uce5c\ub2e4. \uc774\ub294 \ub2e8\uae30\uae08\ub9ac \ud30c\uc0dd\uc0c1\ud488, \uc608\ucee8\ub300 \uc720\ub9ac\ubcf4(Euribor) \uc120\ubb3c \ub4f1\uc5d0\uc11c \ubc38\ub958\uc5d0\uc774\uc158 \uae30\ud68c\uac00 \ub420 \uc218 \uc788\ub294\ub370, \ud574\ub2f9 \uc0c1\ud488\ub4e4\uc774 \uc800\ud3c9\uac00\ub3fc \uc788\ub2e4\ub294 \ud310\ub2e8\uc774\ub2e4. ECB\uac00 \ub9e4\ud30c\uc801 \uc11c\ud504\ub77c\uc774\uc988\ub97c \ub0b4\ub193\uc744 \uacbd\uc6b0 \uc774\ub4e4 \uacc4\uc57d\uc740 \uae09\uaca9\ud55c \uc7ac\uac00\uaca9 \uc870\uc815\uc744 \uacaa\uc744 \uc218 \uc788\ub2e4.<\/p>\n<h3>\uc2dc\uc7a5 \ubcc0\ub3d9\uc131\uacfc \uc720\ub85c \uac15\uc138<\/h3>\n<p>\ubd88\ud655\uc2e4\uc131\uc774 \ud655\ub300\ub41c \ub9cc\ud07c \uc720\ub85c\uc874 \uc790\uc0b0 \uc804\ubc18\uc5d0\uc11c \ubcc0\ub3d9\uc131\uc774 \uae09\ub4f1\ud560 \uac00\ub2a5\uc131\ub3c4 \uc608\uc0c1\ud55c\ub2e4. \uc608\uc0c1 \ubc16\uc758 \uae08\ub9ac \uc778\uc0c1\uc740 \uc8fc\uc2dd\uc758 \uc77c\uc911 \ubcc0\ub3d9\ud3ed\uc744 \ud655\ub300\ud560 \uc218 \uc788\uc5b4, \uc720\ub85c\uc2a4\ud1a1\uc2a450(Euro Stoxx 50) \uc9c0\uc218 \uc635\uc158\uc744 \ud65c\uc6a9\ud55c \ubcc0\ub3d9\uc131 \ub9e4\uc218 \uc804\ub7b5\uc744 \uac80\ud1a0\ud558\uace0 \uc788\ub2e4. \uc774\ub294 2022\ub144 \uc5d0\ub108\uc9c0 \uc704\uae30 \ub2f9\uc2dc \uc2dc\uc7a5 \ubc18\uc751\uc744 \uc5f0\uc0c1\uc2dc\ud0a4\uba70, \ub2f9\uc2dc \ub0b4\uc7ac\ubcc0\ub3d9\uc131\uc774 \uc218\uac1c\uc6d4\uac04 \ub192\uc740 \uc218\uc900\uc744 \uc720\uc9c0\ud55c \ubc14 \uc788\ub2e4.<\/p>\n<p>\ub610\ud55c ECB\ub294 \ub354 \ub9e4\ud30c\uc801\uc73c\ub85c \uae30\uc6b8\uace0 \ubbf8\uad6d\uc740 \uc0c1\ub300\uc801\uc73c\ub85c \uc601\ud5a5\uc774 \uc81c\ud55c\ub418\ub294 \u2018\uc815\ucc45 \ub514\ucee4\ud50c\ub9c1\u2019\uc774 \ub098\ud0c0\ub0a0 \uacbd\uc6b0, \uc720\ub85c\ud654\uc5d0\ub294 \uc6b0\ud638\uc801 \uc7ac\ub8cc(\ud14c\uc77c\uc708\ub4dc)\ub85c \uc791\uc6a9\ud560 \uc218 \uc788\ub2e4. \uc6b0\ub9ac\ub294 6\uc6d4 11\uc77c \ud68c\uc758\uc5d0\uc11c \ub9e4\ud30c\uc801 \uc131\uba85\uc774 \ub098\uc624\uba74 EUR\/USD\uac00 1.10 \uc218\uc900\uc73c\ub85c \uc811\uadfc\ud560 \uc218 \uc788\ub2e4\uace0 \ubcf8\ub2e4. \uc774\uc5d0 \ub530\ub77c \ub2e8\uae30 \ub9cc\uae30\uc758 \uc720\ub85c\ud654 \ucf5c\uc635\uc158\uc744 \ud1b5\ud574 \uc7a0\uc7ac\uc801 \uac15\uc138\uc5d0 \ud3ec\uc9c0\uc154\ub2dd\ud558\ub294 \ubc29\uc548\uc744 \uc0b4\ud3b4\ubcf4\uace0 \uc788\ub2e4.<\/p>\n<p>\uc5f0\uc911 \ud558\ubc18\uae30\uc5d0 \ucd94\uac00 \uae08\ub9ac \uc778\uc0c1 \uac00\ub2a5\uc131\uc774 \uc788\ub354\ub77c\ub3c4 ECB\ub294 \ud68c\uc758\ubcc4 \uc811\uadfc\uc744 \ucc44\ud0dd\ud560 \uacf5\uc0b0\uc774 \ud06c\ub2e4. \uc6b0\ub9ac\uc758 \uc720\ub85c\uc874 2026\ub144 \uc131\uc7a5\ub960 \uc804\ub9dd\uc740 \uace0\uc5d0\ub108\uc9c0 \ube44\uc6a9\uacfc \uc2e0\uc6a9 \uc5ec\uac74 \uae34\ucd95\uc774\ub77c\ub294 \uc774\uc911 \uc555\ub825\uc744 \ubc18\uc601\ud574 1.0%\ub85c \ub0ae\uc544\uc84c\ub2e4. \uc774\ub7ec\ud55c \uae30\uc800\uc758 \uacbd\uae30 \ucde8\uc57d\uc131\uc740 \uc720\ub7fd \uc790\uc0b0\uc758 \uac15\uc138\uac00 \uc9c0\uc18d\ub418\uae30 \uc5b4\ub824\uc6b8 \uc218 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud558\uba70, \ubcc0\ub3d9\uc131\uc774 \ud575\uc2ec \ud14c\ub9c8\ub85c \uc720\uc9c0\ub420 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201c\uc720\ub7fd\uc774 \ub354 \ub9de\ub294\ub2e4\u201d \ubbf8-\uc774\ub780 \uae34\uc7a5\ubc1c \uc5d0\ub108\uc9c0 \uc1fc\ud06c\ub85c \uc720\ub85c\uc874 \uc2a4\ud0dc\uadf8\ud50c\ub808\uc774\uc158 \uc6b0\ub824 \ud655\ub300. ECB\ub294 6\/11 \uc608\uce58\uae08\ub9ac 25bp \uc120\uc81c \uc778\uc0c1(2.25%) \uc804\ub9dd, \uc720\ub85c \uac15\uc138\u00b7\ubcc0\ub3d9\uc131 \uae09\ub4f1 \uac00\ub2a5.<\/p>\n","protected":false},"author":87,"featured_media":47709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-49244","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\/49244","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=49244"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/49244\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media\/47709"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=49244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=49244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=49244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}