{"id":51145,"date":"2026-07-09T15:59:37","date_gmt":"2026-07-09T15:59:37","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr-asia\/uncategorized\/ecb-%ec%9d%98%ec%82%ac%eb%a1%9d-%ec%97%90%eb%84%88%ec%a7%80-%ea%b0%80%ea%b2%a9-%eb%b6%88%ed%99%95%ec%8b%a4%ec%84%b1-%ec%86%8d-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%83%81%eb%b0%a9\/"},"modified":"2026-07-09T15:59:37","modified_gmt":"2026-07-09T15:59:37","slug":"ecb-%ec%9d%98%ec%82%ac%eb%a1%9d-%ec%97%90%eb%84%88%ec%a7%80-%ea%b0%80%ea%b2%a9-%eb%b6%88%ed%99%95%ec%8b%a4%ec%84%b1-%ec%86%8d-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%83%81%eb%b0%a9","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/ecb-%ec%9d%98%ec%82%ac%eb%a1%9d-%ec%97%90%eb%84%88%ec%a7%80-%ea%b0%80%ea%b2%a9-%eb%b6%88%ed%99%95%ec%8b%a4%ec%84%b1-%ec%86%8d-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%83%81%eb%b0%a9\/","title":{"rendered":"ECB \uc758\uc0ac\ub85d, \uc5d0\ub108\uc9c0 \uac00\uaca9 \ubd88\ud655\uc2e4\uc131 \uc18d \uc778\ud50c\ub808\uc774\uc158 \uc0c1\ubc29 \ub9ac\uc2a4\ud06c \uacbd\uace0\u2026\uae08\ub9ac \uae30\ub300 \uc218\uc900 \uc720\uc9c0"},"content":{"rendered":"

ECB\uac00 \ucd5c\uadfc \ud68c\uc758\uc5d0\uc11c \uc791\uc131\ud55c \uc758\uc0ac\ub85d\uc5d0 \ub530\ub974\uba74 \uc815\ucc45\uc704\uc6d0\ub4e4\uc740 \uc644\uace0\ud55c \uc778\ud50c\ub808\uc774\uc158 \ub9ac\uc2a4\ud06c\uc5d0 \uc810\uc810 \ub354 \ucd08\uc810\uc744 \ub9de\ucd94\uace0 \uc788\uc73c\uba70, \uc774\uc0ac\ud68c(Governing Council)\ub294 \ub9ac\uc2a4\ud06c \uade0\ud615\uc774 \uc9c1\uc6d0\ub2e8 \uae30\ubcf8 \uc804\ub9dd(staff baseline projections) \ub300\ube44 \uc0c1\ubc29\uc73c\ub85c \uae30\uc6b8\uc5b4\uc838 \uc788\ub2e4\uace0 \ud310\ub2e8\ud588\ub2e4. \uadfc\uc6d0 \ubb3c\uac00\uac00 \uc774\ubbf8 25bp \uae08\ub9ac\uc778\uc0c1 \uac70\uc758 \uc138 \ucc28\ub840\ub97c \ubc18\uc601\ud558\uace0 \uc788\uc74c\uc5d0\ub3c4, \ud5e4\ub4dc\ub77c\uc778 \uc778\ud50c\ub808\uc774\uc158\uc740 \uc5ec\ub984 \ub3d9\uc548 \ucd94\uac00 \uc0c1\uc2b9\ud55c \ub4a4 2027\ub144 \uc0c1\ubc18\uae30\uae4c\uc9c0 2% \ubaa9\ud45c\ub97c \uc0c1\ud68c\ud560 \uac83\uc73c\ub85c \uad00\uce21\ub410\ub2e4. \ub610\ud55c \ud68c\uc6d0\ub4e4\uc740 \uc5d0\ub108\uc9c0 \uac00\uaca9\uc774 \uc120\ubb3c \ucee4\ube0c\uac00 \uc2dc\uc0ac\ud558\ub294 \uacbd\ub85c\ub300\ub85c \ud558\ub77d\ud558\uc9c0 \uc54a\uc744 \uacbd\uc6b0, \ubaa9\ud45c \uc0c1\ud68c \uc778\ud50c\ub808\uc774\uc158\uc774 \ub354 \uc624\ub798 \uc9c0\uc18d\ub420 \uc218 \uc788\ub2e4\uace0 \uc9c0\uc801\ud588\ub2e4.<\/p>\n

\ub17c\uc758\uc5d0\uc11c\ub294 \uc774\ubc88 \uc5d0\ub108\uc9c0 \uc1fc\ud06c\uac00 \uc774\uc804 \uad6d\uba74\ubcf4\ub2e4 \ub2e8\uae30\uac04\uc5d0 \uadf8\uce60 \uac83\uc774\ub77c\ub294 \uae30\ub300\uac00 \uc81c\uc2dc\ub410\uc9c0\ub9cc, \uc778\ud50c\ub808\uc774\uc158\uc774 \uc758\uc0ac\uacb0\uc815\uc5d0\uc11c \ub354 \ud070 \ube44\uc911\uc744 \ucc28\uc9c0\ud558\uba74\uc11c \uae30\uc5c5\uacfc \ub178\ub3d9\uc790\uac00 \ub354 \ube60\ub974\uac8c \ubc18\uc751\ud558\uace0 \uc788\ub2e4\ub294 \uc810\ub3c4 \uc5b8\uae09\ub410\ub2e4. \uc815\ucc45\uc704\uc6d0\ub4e4\uc740 \uc804\uc7c1 \ubc1c\ubc1c \uc774\ud6c4 \uae08\uc735\uc5ec\uac74\uc774 \uae34\ucd95\ub410\uc74c\uc5d0\ub3c4 \uc9c0\uae08\uae4c\uc9c0 \uc2e4\ubb3c\ud65c\ub3d9\uc744 \uc81c\uc57d\ud558\ub294 \ud6a8\uacfc\ub294 \uc81c\ud55c\uc801\uc774\uc5c8\ub2e4\uace0 \uc9c4\ub2e8\ud588\uc73c\ub098, \uc77c\ubd80\ub294 \uc7a5\uae30\uae08\ub9ac \uc0c1\uc2b9\uacfc \uc740\ud589 \ub300\ucd9c \uae30\uc900 \uac15\ud654\uac00 \uc810\uc9c4\uc801\uc73c\ub85c \uc2e0\uc6a9\uc218\uc694\ub97c \uc5b5\uc81c\ud558\uace0 \ud22c\uc790 \ubd80\ub2f4\uc744 \ud0a4\uc6b0\uba70 \ubaa8\uba58\ud140\uc744 \ub0c9\uac01\uc2dc\ud0ac \uac83\uc73c\ub85c \ubd24\ub2e4. \ucee4\ubba4\ub2c8\ucf00\uc774\uc158 \uce21\uba74\uc5d0\uc11c ECB\ub294 \uc7a5\uae30\uac04\uc758 \ucd94\uac00 \uc778\uc0c1 \uc0ac\uc774\ud074\uc774\ub098 \u2018\uc6d0\uc564\ub358(one-off)\u2019 \uc870\uce58 \uc5b4\ub290 \ucabd \uc2e0\ud638\ub3c4 \ud53c\ud558\ub294 \uc911\ub9bd\uc801 \uc785\uc7a5\uc744 \uc720\uc9c0\ud558\uae30\ub85c \ud588\uace0, \uc720\ub85c\ud654\ub294 \ud070 \ubcc0\ub3d9\uc774 \uc5c6\uc5c8\uc73c\uba70 EUR\/USD\ub294 0.16% \uc0c1\uc2b9\ud55c 1.1435 \ubd80\uadfc\uc5d0\uc11c \uac70\ub798\ub410\ub2e4.<\/p>\n

ECB \ub0b4\ubd80 \uc6b0\ub824\uc640 \uc2dc\uc7a5\uc5d0 \ub300\ud55c \ud568\uc758<\/h3>\n

\uc6b0\ub9ac\uc758 \ud310\ub2e8\uc73c\ub85c ECB\ub294 \uacf5\uc2dd \uc131\uba85\uc5d0\uc11c \ub4dc\ub7ec\ub098\ub294 \uac83\ubcf4\ub2e4 \ub0b4\ubd80\uc801\uc73c\ub85c \uc778\ud50c\ub808\uc774\uc158\uc744 \ub354 \uc6b0\ub824\ud558\uace0 \uc788\ub2e4. \ub9ac\uc2a4\ud06c\ub294 \ubb3c\uac00 \uc555\ub825\uc774 \ub354 \uc624\ub798 \ub192\uc740 \uc218\uc900\uc744 \uc720\uc9c0\ud574 \uc2dc\uc7a5 \uc608\uc0c1\ubcf4\ub2e4 \uacf5\uaca9\uc801\uc778 \uc815\ucc45 \ub300\uc751\uc744 \uac15\uc694\ud560 \uc218 \uc788\ub2e4\ub294 \uc810\uc774\ub2e4. \uc774\ub294 \ud604\uc7ac \uc2dc\uc7a5\uc758 \uae08\ub9ac \ubc18\uc601\uc774 \ub2e4\uc18c \uc548\uc774\ud560 \uc218 \uc788\ub2e4\ub294 \uc810\uc5d0\uc11c \uc6b0\ub9ac\uc5d0\uac8c \uae30\ud68c\uac00 \ub420 \uc218 \uc788\ub2e4.<\/p>\n

\ucd5c\uadfc \ubc1c\ud45c\ub41c 2026\ub144 6\uc6d4 \uc720\ub85c\uc874 \uc870\ud654\uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218(HICP)\ub294 2.8%\ub85c, 2% \ubaa9\ud45c\ub85c\uc758 \ubcf5\uadc0 \uc870\uc9d0\uc774 \uc81c\ud55c\uc801\uc784\uc744 \ubcf4\uc5ec\uc92c\ub2e4. \uadfc\uc6d0 \uc778\ud50c\ub808\uc774\uc158\ub3c4 2.5%\ub97c \uc6c3\ub3c4\ub294 \uc218\uc900\uc5d0\uc11c \ub048\uc801\ud558\uac8c \uc720\uc9c0\ub418\ub294 \uac00\uc6b4\ub370, ECB\uac00 \uc778\ud50c\ub808\uc774\uc158\uc774 2027\ub144\uae4c\uc9c0 \uc774\uc5b4\uc9c8 \uc218 \uc788\ub2e4\uace0 \uc6b0\ub824\ud558\ub294 \uac83\uc740 \uc810\ucc28 \ud0c0\ub2f9\uc131\uc774 \ucee4\uc9c0\uace0 \uc788\ub2e4. \uc6b0\ub9ac\ub294 \uc774 \ub370\uc774\ud130\uac00 \uc62c\ud574 \ud558\ubc18\uae30 \uc911\uc559\uc740\ud589\uc758 \ucd94\uac00 \ub9e4\ud30c\uc801 \uc2a4\ud0e0\uc2a4\ub97c \ub4b7\ubc1b\uce68\ud55c\ub2e4\uace0 \ubcf8\ub2e4.<\/p>\n

\ub354 \ub192\uc740 \uae08\ub9ac\uc640 \uc2dc\uc7a5 \ubcc0\ub3d9\uc131\uc5d0 \ub300\ube44\ud55c \ud3ec\uc9c0\uc154\ub2dd<\/h3>\n

\uc774 \uac19\uc740 \uc804\ub9dd\uc744 \uac10\uc548\ud558\uba74 \uc720\ub85c\uc874 \ub2e8\uae30\uae08\ub9ac \uc0c1\uc2b9\uc5d0 \ub300\ube44\ud55c \ud3ec\uc9c0\uc154\ub2dd\uc774 \ud544\uc694\ud558\ub2e4. \uc2dc\uc7a5\uc740 \uc774\ubbf8 \uc77c\ubd80 \uae34\ucd95\uc744 \ubc18\uc601\ud558\uace0 \uc788\uc73c\uba70 2026\ub144 12\uc6d4 \uc720\ub9ac\ubcf4(Euribor) \uc120\ubb3c\uc740 \uc815\ucc45\uae08\ub9ac\uac00 3.50% \ubd80\uadfc\uc784\uc744 \uc2dc\uc0ac\ud558\uc9c0\ub9cc, \uc774\ubc88 \uc758\uc0ac\ub85d\uc740 \ucd5c\uc885 \uae08\ub9ac\uac00 \ub354 \ub192\uc544\uc9c8 \uc218 \uc788\uc74c\uc744 \uc554\uc2dc\ud55c\ub2e4. \uc774\ub294 \uae08\ub9ac\uc2a4\uc651 \ud3ec\uc9c0\uc158\uc744 \uc313\uac70\ub098 \ub2e8\uae30 \uae08\ub9ac\uc120\ubb3c \uadfc\uc6d4\ubb3c \ub9e4\ub3c4(\uc20f)\ub85c \ud45c\ud604\ud560 \uc218 \uc788\ub2e4.<\/p>\n

\uc5d0\ub108\uc9c0 \uac00\uaca9\uc5d0 \ub300\ud55c \ucd08\uc810\uc740 \uac04\uacfc\ud574\uc120 \uc548 \ub420 \ud575\uc2ec \uacbd\uace0\ub2e4. \ucd5c\uadfc \uc720\ub7fd \ucc9c\uc5f0\uac00\uc2a4 \uac00\uaca9\uc774 \ubc18\ub4f1\ud588\ub294\ub370, \ub124\ub35c\ub780\ub4dc TTF \uadfc\uc6d4 \uc120\ubb3c\uc740 \uacf5\uae09 \uc6b0\ub824\ub85c \uc9c0\ub09c \uba87 \uc8fc \uc0ac\uc774 12% \uc0c1\uc2b9\ud574 \uba54\uac00\uc640\ud2b8\uc2dc(MWh)\ub2f9 \uc57d 42\uc720\ub85c \uc218\uc900\uae4c\uc9c0 \uc62c\ub790\ub2e4. \uc774 \ud750\ub984\uc774 \uc774\uc5b4\uc9c4\ub2e4\uba74 ECB\uc758 \ub354 \ube44\uad00\uc801\uc778 \uc778\ud50c\ub808\uc774\uc158 \uc2dc\ub098\ub9ac\uc624\uc5d0 \ud798\uc744 \uc2e4\uc5b4\uc8fc\uba70 \uace0\uae08\ub9ac \uae30\uc870\uc758 \ub17c\ub9ac\ub97c \uac15\ud654\ud55c\ub2e4.<\/p>\n

ECB\uc758 \u2018\uc911\ub9bd\uc801 \ucee4\ubba4\ub2c8\ucf00\uc774\uc158\u2019 \uc2dc\ub3c4\ub294 \ubd88\ud655\uc2e4\uc131\uc744 \ud0a4\uc6b0\uba70, \uc774\ub294 \ud1b5\uc0c1 \uc2dc\uc7a5 \ubcc0\ub3d9\uc131 \ud655\ub300 \uc694\uc778\uc774\ub2e4. \uc6b0\ub9ac\ub294 \ud5a5\ud6c4 \uc218\uc8fc\uc5d0 \uac78\uce5c \uac00\uaca9 \ubcc0\ub3d9 \uac00\ub2a5\uc131\uc744 \uc635\uc158\uc73c\ub85c \ud65c\uc6a9\ud560 \uc218 \uc788\ub2e4. \uc608\ucee8\ub300 EUR\/USD \ucf5c\uc635\uc158 \ub9e4\uc218\ub294 ECB\uac00 \uc608\uc0c1 \ubc16\uc758 \ub9e4\ud30c\uc801 \uc870\uce58\ub85c \ub0b4\ubab0\ub9b4 \uacbd\uc6b0 \uc218\uc775\uc744 \ub178\ub9b4 \uc218 \uc788\ub294 \uc0c1\ub300\uc801\uc73c\ub85c \uc800\uc704\ud5d8 \ubc29\uc2dd\uc774\ub2e4.<\/p>\n

\uc774\ubc88 \uc0c1\ud669\uc740 2022~2023\ub144 \uad6d\uba74\ucc98\ub7fc \uc911\uc559\uc740\ud589\uc774 \uacc4\uc18d \u2018\uace1\uc120 \ub4a4\u2019\uc5d0 \uc788\ub2e4\uac00 \ub2f9\ucd08 \uc608\uc0c1\ubcf4\ub2e4 \ub354 \uacf5\uaca9\uc801\uc73c\ub85c \uae08\ub9ac\ub97c \uc778\uc0c1\ud574\uc57c \ud588\ub358 \uc2dc\uae30\ub97c \uc5f0\uc0c1\uc2dc\ud0a8\ub2e4. \uc5ed\uc0ac\uc801\uc73c\ub85c \uc815\ucc45\ub2f9\uad6d\uc774 \uc774\ucc98\ub7fc \uc778\ud50c\ub808\uc774\uc158 \uc0c1\ubc29 \ub9ac\uc2a4\ud06c\ub97c \uc6b0\ub824\ud560 \ub54c \uacb0\uad6d \ud589\ub3d9\uc73c\ub85c \uc62e\uae30\ub294 \uacbd\uc6b0\uac00 \ub9ce\uc558\ub2e4. \uc6b0\ub9ac\ub294 \uc2dc\uc7a5\uc774 \uc5ec\ub984 \ub3d9\uc548 \uc810\uc9c4\uc801\uc73c\ub85c \uc774 \ud604\uc2e4\uc744 \uc778\uc2dd\ud574 \uac08 \uac83\uc73c\ub85c \uc608\uc0c1\ud55c\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":"

ECB \uc758\uc0ac\ub85d, \uc778\ud50c\ub808 \ub9ac\uc2a4\ud06c \u2018\uc0c1\ubc29\u2019 \uacbd\uace0: \ud5e4\ub4dc\ub77c\uc778 2027\ub144\uae4c\uc9c0 2% \uc0c1\ud68c \uac00\ub2a5. \uc5d0\ub108\uc9c0 \ubcc0\uc218 \ucd09\uac01, \uc911\ub9bd \ucee4\ubba4\ub2c8\ucf00\uc774\uc158\uc740 \ubcc0\ub3d9\uc131 \ud0a4\uc6cc. \ub2e8\uae30\uae08\ub9ac\u00b7\uc720\ub85c \ub871 \ub300\ube44.<\/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-51145","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\/51145","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=51145"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/51145\/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=51145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=51145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=51145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}