{"id":50843,"date":"2026-07-03T21:28:02","date_gmt":"2026-07-03T21:28:02","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr-asia\/uncategorized\/%ec%86%8c%ec%8b%9c%ec%97%90%ed%85%8c%ec%a0%9c%eb%84%a4%eb%9e%84-%ec%97%90%eb%84%88%ec%a7%80-%ec%87%bc%ed%81%ac-%ec%a0%84%ea%b0%80-%ec%a7%80%ec%97%b0%ec%9c%bc%eb%a1%9c-2026%eb%85%84%ea%b9%8c\/"},"modified":"2026-07-03T21:28:02","modified_gmt":"2026-07-03T21:28:02","slug":"%ec%86%8c%ec%8b%9c%ec%97%90%ed%85%8c%ec%a0%9c%eb%84%a4%eb%9e%84-%ec%97%90%eb%84%88%ec%a7%80-%ec%87%bc%ed%81%ac-%ec%a0%84%ea%b0%80-%ec%a7%80%ec%97%b0%ec%9c%bc%eb%a1%9c-2026%eb%85%84%ea%b9%8c","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ec%86%8c%ec%8b%9c%ec%97%90%ed%85%8c%ec%a0%9c%eb%84%a4%eb%9e%84-%ec%97%90%eb%84%88%ec%a7%80-%ec%87%bc%ed%81%ac-%ec%a0%84%ea%b0%80-%ec%a7%80%ec%97%b0%ec%9c%bc%eb%a1%9c-2026%eb%85%84%ea%b9%8c\/","title":{"rendered":"\uc18c\uc2dc\uc5d0\ud14c\uc81c\ub124\ub784 \u201c\uc5d0\ub108\uc9c0 \uc1fc\ud06c \uc804\uac00 \uc9c0\uc5f0\uc73c\ub85c 2026\ub144\uae4c\uc9c0 \uc720\ub85c\uc874 \uc778\ud50c\ub808\uc774\uc158 \uc7ac\uac00\uc18d \uac00\ub2a5\uc131\u201d \uacbd\uace0"},"content":{"rendered":"

\uc18c\uc2dc\uc5d0\ud14c\ud14c\uc81c\ub124\ub784(Societe Generale) \uc774\ucf54\ub178\ubbf8\uc2a4\ud2b8\ub4e4\uc5d0 \ub530\ub974\uba74, \uc720\ub85c\uc874 \uc778\ud50c\ub808\uc774\uc158\uc740 \uc5d0\ub108\uc9c0 \uc1fc\ud06c\ub85c \uc778\ud55c \uac04\uc811 \ud6a8\uacfc\uac00 \uc2dd\ub8cc\ud488\uc774\ub098 \uc0c1\ud488 \uac00\uaca9\uc5d0\uc11c \uc544\uc9c1 \ub098\ud0c0\ub098\uc9c0 \uc54a\uace0 \uc788\ub2e4. \ub2e8\uae30 \ud750\ub984\uc740 \uc57d\uc138\ub97c \ubcf4\uc774\ub294 \ube0c\ub80c\ud2b8\uc720 \uac00\uaca9\uc758 \uc601\ud5a5\uc744 \ubc1b\uace0 \uc788\uc73c\uba70, \uc774\ub294 7\uc6d4 \ud5e4\ub4dc\ub77c\uc778 \uc778\ud50c\ub808\uc774\uc158\uc744 \uc804\ub144 \ub3d9\uc6d4 \ub300\ube44 2.55%\uae4c\uc9c0 \ub04c\uc5b4\ub0b4\ub9b4 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4. \ub2e4\ub9cc \uc0c1\ub958\ub2e8 \uc5d0\ub108\uc9c0 \uc6d0\uc790\uc7ac \uac00\uaca9\uc774 \uc18c\ube44\uc790\ubb3c\uac00\ub85c \uc804\uac00\ub418\ub294 \uc9c0\uc5f0 \ud6a8\uacfc\ub294 \uc544\uc9c1 \uc644\uc804\ud788 \uc9c4\ud589\ub418\uc9c0 \uc54a\uc740 \uc0c1\ud0dc\ub2e4.<\/p>\n

\uc740\ud589\uc740 \uc804\uac00 \uc9c0\uc5f0\uc73c\ub85c \uc778\ud574 2026\ub144 \ud6c4\ubc18\uc5d0 \uadfc\uc6d0(Core) \uc778\ud50c\ub808\uc774\uc158\uacfc(\ub0a0\uc528 \uad00\ub828 \uc694\uc778\uacfc \ud568\uaed8) \uc2dd\ub8cc\ud488 \uc778\ud50c\ub808\uc774\uc158\uc774 \uc0c1\uc2b9\ud560 \uac83\uc73c\ub85c \uc5ec\uc804\ud788 \uc608\uc0c1\ud55c\ub2e4. \ub2e4\ub9cc \uc774\ub7ec\ud55c \uc555\ub825\uc740 \uc774\uc804 \ucd94\uc815\uce58\ubcf4\ub2e4\ub294 \uc57d\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ud55c\ub2e4. \uc5d0\ub108\uc9c0 \uc1fc\ud06c \uc774\ud6c4 \uc57d 16\uac1c\uc6d4 \uc2dc\uc810\uc5d0 \uc2dd\ub8cc\ud488\uacfc \uadfc\uc6d0 \uc778\ud50c\ub808\uc774\uc158\uc774 \uc815\uc810\uc744 \ucc0d\ub294 \uc804\ud615\uc801 \ud328\ud134\uc744 \uc5b8\uae09\ud558\uba70, \ucd94\uac00 \ud6a8\uacfc\uac00 \uc544\uc9c1 \uac00\uaca9\uc5d0 \uc644\uc804\ud788 \ubc18\uc601\ub418\uc9c0 \uc54a\uc558\ub2e4\ub294 \uc810\uc744 \uc2dc\uc0ac\ud588\ub2e4. \ud55c\ud3b8 \uc5d0\ub108\uc9c0 \uac00\uaca9 \ud558\ub77d\uc73c\ub85c 2026\ub144 \uc804\ubc18\uc758 \ud5e4\ub4dc\ub77c\uc778 \uc778\ud50c\ub808\uc774\uc158 \uc804\ub9dd\uce58\ub294 \uc57d 0.5%\ud3ec\uc778\ud2b8 \ub0ae\uc544\uc84c\uace0, MoU(\uc591\ud574\uac01\uc11c)\uac00 \uc720\uc9c0\ub41c\ub2e4\ub294 \uc804\uc81c\ud558\uc5d0 \ud5e4\ub4dc\ub77c\uc778 \uc778\ud50c\ub808\uc774\uc158\uc758 \uc815\uc810\uc740 2026\ub144 \ub9d0 3%\ub85c \uc608\uc0c1\ub41c\ub2e4\uace0 \ubc1d\ud614\ub2e4.<\/p>\n

\uc2dc\uc7a5 \ud3ec\ucee4\uc2a4\uc640 \uc778\ud50c\ub808\uc774\uc158 \uc2dc\ucc28<\/h3>\n

\uc2dc\uc7a5\uc740 \uc5d0\ub108\uc9c0 \uac00\uaca9 \ud558\ub77d\uc774 \uac00\uc838\uc624\ub294 \uc989\uac01\uc801\uc778 \ubd80\ub2f4 \uc644\ud654\uc5d0 \ucd08\uc810\uc744 \ub9de\ucd94\uace0 \uc788\ub294 \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4. \uc720\ub85c\uc2a4\ud0c0\ud2b8(Eurostat)\uc758 6\uc6d4 \uc18d\ubcf4\uce58\uc5d0\uc11c \ud5e4\ub4dc\ub77c\uc778 \uc778\ud50c\ub808\uc774\uc158\uc774 2.6%\ub97c \uae30\ub85d\ud588\uace0, \ube0c\ub80c\ud2b8\uc720\ub294 \ubc30\ub7f4\ub2f9 75\ub2ec\ub7ec \uc548\ud30e\uc5d0\uc11c \uc548\uc815\ub418\uba74\uc11c, \uc2dc\uc7a5 \ucc38\uc5ec\uc790 \uc0c1\ub2f9\uc218\ub294 \uc778\ud50c\ub808\uc774\uc158\uc758 \ucd94\uac00 \ud558\ub77d\uc744 \ubc18\uc601(\ud504\ub77c\uc774\uc2f1)\ud558\uace0 \uc788\ub2e4. \uadf8\ub7ec\ub098 \uc6b0\ub9ac\ub294 \uc774\ub7ec\ud55c \uc2dc\uac01\uc774 \uadfc\uc2dc\uc548\uc801\uc774\uba70 \uacfc\uac70 \uc5d0\ub108\uc9c0 \uc1fc\ud06c\uc758 \uc9c0\uc5f0 \ud6a8\uacfc\ub97c \uac04\uacfc\ud558\uace0 \uc788\ub2e4\uace0 \ubcf8\ub2e4.<\/p>\n

\uc774 \uac19\uc740 \ud328\ud134\uc740 \uacfc\uac70\uc5d0\ub3c4 \uad00\ucc30\ub410\ub2e4. \ud2b9\ud788 2021~2022\ub144 \uc5d0\ub108\uc9c0 \uac00\uaca9 \uae09\ub4f1 \uc774\ud6c4, \uc5d0\ub108\uc9c0 \uac00\uaca9\uc774 \uc815\uc810\uc744 \uc9c0\ub09c \ub4a4\uc5d0\ub3c4 \uadfc\uc6d0 \uc778\ud50c\ub808\uc774\uc158\uc740 \ud55c\ucc38 \ub3d9\uc548 \uacc4\uc18d \uac00\uc18d\ud654\ub410\ub2e4. \uacfc\uac70 \uc0ac\ub840\ub294 \uadfc\uc6d0 \uc7ac\ud654 \ubc0f \uc2dd\ub8cc\ud488 \uac00\uaca9\uc73c\ub85c\uc758 \uc644\uc804 \uc804\uac00\uae4c\uc9c0 \uc57d 16\uac1c\uc6d4\uc758 \uc2dc\ucc28\uac00 \uc874\uc7ac\ud568\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \uc774\ub294 \uc62c\ud574 \ucd08\uc640 \uc9c0\ub09c\ud574 \ub9d0\uc758 \uc778\ud50c\ub808\uc774\uc158 \uc555\ub825\uc774 \uc77c\uc0c1 \uc7ac\ud654\u00b7\uc11c\ube44\uc2a4 \uac00\uaca9\uc5d0 \uc544\uc9c1 \uc644\uc804\ud788 \uccb4\ud654\ub418\uc9c0 \uc54a\uc558\ub2e4\ub294 \uc758\ubbf8\ub2e4.<\/p>\n

\uc804\ub7b5\uc801 \uc2dc\uc0ac\uc810\uacfc \uc2dc\uc7a5 \uae30\ud68c<\/h3>\n

\uc774\ub294 \ud5a5\ud6c4 \uc218\uc8fc \ub3d9\uc548 \ud30c\uc0dd\uc0c1\ud488 \ud2b8\ub808\uc774\ub354\uc5d0\uac8c \uae30\ud68c\ub97c \uc81c\uacf5\ud55c\ub2e4. \uc6b0\ub9ac\ub294 \ud604 \uc2dc\uc7a5 \ucee8\uc13c\uc11c\uc2a4\uc640 \ub2ec\ub9ac 2026\ub144 \ud558\ubc18\uae30 \uc778\ud50c\ub808\uc774\uc158 \uc0c1\uc2b9\uc5d0 \ub300\ube44\ud558\ub294 \ud3ec\uc9c0\uc154\ub2dd\uc774 \uc720\ud6a8\ud558\ub2e4\uace0 \ubcf8\ub2e4. \uadfc\uc6d0 \ubc0f \uc2dd\ub8cc\ud488 \ubb3c\uac00\uac00 \ub2e4\uc2dc \uc624\ub974\uae30 \uc2dc\uc791\ud560 \uac83\uc774\ub77c\ub294 \uc804\ub9dd\uc744 \uac10\uc548\ud558\uba74, 2026\ub144 4\ubd84\uae30(Q4) \ub610\ub294 2027\ub144 \ucd08\ub97c \ucc38\uc870\ud558\ub294 \uc778\ud50c\ub808\uc774\uc158 \uc2a4\uc651\uc758 \uac00\uaca9\uc774 \uc65c\uace1(\ubbf8\uc2a4\ud504\ub77c\uc774\uc2f1)\ub3fc \uc788\ub294 \uac83\uc73c\ub85c \ud310\ub2e8\ub41c\ub2e4.<\/p>\n

\ub530\ub77c\uc11c \uc6b0\ub9ac\ub294 \uc120\ub3c4 \uc778\ud50c\ub808\uc774\uc158(Forward inflation) \uacc4\uc57d\uc5d0\uc11c \ub871 \ud3ec\uc9c0\uc158 \uc9c4\uc785\uc744 \uac80\ud1a0\ud558\uace0 \uc788\ub2e4. \ud604\uc7ac \uc2dc\uc7a5\uc740 2026\ub144 \uc5f0\ub9d0 \uc778\ud50c\ub808\uc774\uc158\uc744 \uc57d 2.4%\ub85c \ubc18\uc601\ud558\uace0 \uc788\uc73c\ub098, \uc6b0\ub9ac\ub294 \uc5f0\ub9d0 \ud6c4\ubc18 3% \ud53c\ud06c\ub85c \ud5a5\ud558\ub294 \uacbd\ub85c\uac00 \ub69c\ub837\ud558\ub2e4\uace0 \ubcf8\ub2e4. \uc774\ub7ec\ud55c \uad34\ub9ac\ub294 \uc9c0\uc5f0\ub41c \uac04\uc811 \ud6a8\uacfc\uac00 \uc62c\uac00\uc744 \uacf5\uc2dd \ud1b5\uacc4 \ubc1c\ud45c\uc5d0\uc11c \ub4dc\ub7ec\ub0a0\uc218\ub85d \uc758\ubbf8 \uc788\ub294 \uc0c1\uc2b9 \uc5ec\ub825\uc744 \uc81c\uacf5\ud560 \uc218 \uc788\ub2e4.<\/p>\n

\uc720\ub7fd\uc911\uc559\uc740\ud589(ECB)\uc758 \ubc18\uc751\ud568\uc218(Reactor function)\ub3c4 \ud575\uc2ec \ubcc0\uc218\ub2e4. \uadfc\uc6d0 \uc778\ud50c\ub808\uc774\uc158\uc774 \uc7ac\ucc28 \ubc18\ub4f1\ud560 \uacbd\uc6b0, \uc815\ucc45\ub2f9\uad6d\uc740 \ud604\uc7ac \uc608\uc0c1\ubcf4\ub2e4 \ub9e4\ud30c\uc801(hawkish) \ud1a4\uc744 \ucc44\ud0dd\ud560 \uc218\ubc16\uc5d0 \uc5c6\uace0, \uc774\ub294 \ub2e8\uae30 \uae08\ub9ac\uc5d0 \uc0c1\ubc29 \uc555\ub825\uc744 \uac00\ud560 \uc218 \uc788\ub2e4. \uc5f0\ub9d0 \ub9cc\uae30\uc758 EURIBOR \uc120\ubb3c \uc635\uc158\uc740 \uc7a0\uc7ac\uc801 \uc815\ucc45 \uc11c\ud504\ub77c\uc774\uc988\uc5d0 \ub300\ube44\ud558\ub294 \ud6a8\uc728\uc801 \uc218\ub2e8\uc774 \ub420 \uc218 \uc788\ub2e4.<\/p>\n

\ucd5c\uadfc \uc5d0\ub108\uc9c0 \ube44\uc6a9 \ud558\ub77d\uc73c\ub85c \uc6b0\ub9ac\uc758 2026\ub144 \uc804\uccb4 \uc804\ub9dd\uc740 \uc57d 0.5%\ud3ec\uc778\ud2b8 \ub0ae\uc544\uc84c\uc9c0\ub9cc, \uc804\uac00 \uc9c0\uc5f0\uc774\ub77c\ub294 \uae30\ubcf8 \ub3d9\ud559\uc740 \uc5ec\uc804\ud788 \uc720\ud6a8\ud558\ub2e4. \uc8fc\uc694 \ub9ac\uc2a4\ud06c\ub294 \uc774 \uc804\uac00\uac00 \ubaa8\ub378\uc774 \uc2dc\uc0ac\ud558\ub294 \uac83\ubcf4\ub2e4 \ub354 \uc57d\ud558\uac70\ub098 \ub354 \ub2a6\uac8c \ub098\ud0c0\ub098\ub294 \uacbd\uc6b0\ub2e4. \ub2e4\ub9cc \ud604 \uc2dc\uc7a5 \uac00\uaca9\uc740 \uc778\ud50c\ub808\uc774\uc158\uc774 \uc2dc\uc7a5 \uc608\uc0c1\ubcf4\ub2e4 \ub354 \ub048\uc801(sticky)\ud560 \uac83\uc5d0 \ubca0\ud305\ud558\ub294 \ub370 \uc720\ub9ac\ud55c \uc704\ud5d8\ub300\ube44\uc218\uc775(risk-reward)\uc744 \uc81c\uacf5\ud558\uace0 \uc788\ub2e4\uace0 \ubcf8\ub2e4.<\/p>\n\n\n\n

\uc9c0\uae08 \ubc14\ub85c \uac70\ub798\ub97c \uc2dc\uc791\ud558\uc138\uc694 \u2014 VT Markets \uc2e4\uacc4\uc88c\ub97c \uac1c\uc124\ud558\ub824\uba74 \uc5ec\uae30<\/a>\ub97c \ud074\ub9ad\ud558\uc138\uc694.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

\ube0c\ub80c\ud2b8 \uc57d\uc138\ub85c 7\uc6d4 \uc720\ub85c\uc874 \ubb3c\uac00 2.55% \uc804\ub9dd\u2026\ud558\uc9c0\ub9cc \u2018\uc9c4\uc9dc \ubcc0\uc218\u2019\ub294 16\uac1c\uc6d4 \uc804\uac00 \uc2dc\ucc28. \uc18c\uc2dc\uc5d0\ud14c\uc81c\ub124\ub784, 2026\ub144 \ud6c4\ubc18 \uadfc\uc6d0\u00b7\uc2dd\ub8cc\ud488 \ubc18\ub4f1\uacfc \uc778\ud50c\ub808\uc774\uc158\uc2a4\uc651 \ubbf8\uc2a4\ud504\ub77c\uc774\uc2f1 \uacbd\uace0.<\/p>\n","protected":false},"author":87,"featured_media":50168,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-50843","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\/50843","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=50843"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/50843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media\/50168"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=50843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=50843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=50843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}