Lee Chang-yong “It will be very difficult for people with a lot of debt and low-income families next year.”

image text translation

(1)Lee Chang-yong “It will be very difficult for people with a lot of debt and low-income families next year.”
(2)Bank of Korea’s benchmark rate lowers growth outlook for 7th consecutive freeze, raises inflation projections
(3)Reporter Kim Eun-jung, reporter Han Yena
(4)Input 202312010300 Modification 202312010700
(5)Bank of Korea Governor Lee Chang-yong holds a press conference after the Monetary Policy Direction Determination Meeting of the Monetary Policy Committee held at the Bank of Korea in Jung-gu, Seoul on the 30th News1
(6)On Thursday, the central bank held its last Monetary Policy Committee meeting this year and froze the key interest rate at 35 per annum Since raising interest rates in January, all seven rate-setting meetings have not moved them In the U.S., expectations are spreading for a rate cut in the first half of next year, but the Bank of Korea is determined to continue the current high interest rate for a long enough period of time. Lee Chang-yong, governor of the Bank of Korea, predicted, “It will be very difficult for people with low incomes who pay a lot of debt for the vulnerable class next year due to high prices next year.”

!

Leave a Comment