[Korea Selected financial newspaper reporters] 'I will therefore expect the growth of the domestic economy will slow and inflation pressures to maintain greater relaxation of the monetary policy stance, the Bank of Korea on the 30th he said.
Wednesday, the Bank of Korea emphasized that "One of the monetary policy operation, considering the interest rates of the US Federal Reserve (Fed) key by default, but will be focused on the domestic macroeconomic and financial stability situation" in the National Assembly Planning and Finance Committee issues report data .
US interest rates are likely to act as a factor of our economy, such as capital outflows increased pressure, increased loan interest burden on households, real economic recovery constraints.
The Bank of Korea when expanding the "If interest rates affect how much journaling is made to gradually prospects depend on future hikes rate the degree that large is not expected, said excessive volatility of price variables in such 'capital outflow has said it will be carried out in a timely manner, the government bond purchases, monetary stabilization securities issuance collapse of market stabilization measures.
In particular, the Bank of Korea noted jeosinyong, interest burden increased likelihood of low-income, vulnerable borrowers with multiple debts as interest rate upturn aftermath. The Bank of Korea emphasized that "would be vulnerable debt problem is closely possibility of increased burden and not to hinder the degree of financial stability and lending insolvency checks.
Consumer price inflation was expected for some time expressed the same level as now. The Bank of Korea explained that "commodity prices will slow inflation factors in petroleum (including natural gas) prices will act as inflation zoom factor.
Won / dollar exchange rate volatility showed a somewhat reduced since the previous level expected to raise interest rates by three times a year in the last 15 days from 2017 to 2019 in the US Federal Open Market Committee (FOMC) meeting held.
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