Chang-Yong Lee 14

Lee Chang-yong 'reliance on a strong US dollar' Bloomberg 'stagnation for a year from now'

Lee Chang-yong, governor of the Bank of Korea, announced that he would rely on a strong US dollar policy, and Bloomberg announced that the economy would be in recession for a year from now. Treasury Secretary Janet Yellen said on the 12th that the dollar's strength after last week's G7 meeting was "a natural result of the different pace of monetary tightening in the United States and other count..

경제 2022.10.18

UK interest rate hike hesitant to cut tax rates, exchange rate plunges, Korea 'follows' the interest rate reversal

The yield on 10-year Treasury bonds rose more than 4% for the first time since 2010 due to the UK's conservative tax cut policy, where the exchange rate is falling. Bloomberg predicted on the 27th that the interest rate in the UK is expected to rise to 6% next year, and the average household repayment amount in the first half of next year refinancing a two-year fixed mortgage loan at 6% at an in..

경제 2022.09.27

Lone Star compensation 'willful delay without evidence' bureaucrat 'refusal to hold explanation' lost

The South Korean government's decision to compensate the US private equity fund Lone Star was based on 'willful delay without evidence', and officials' 'refusal to explain withholding approval' seems to be the cause of the loss. The gist of the decision released by the government on the 6th was, "The financial authorities took the 'Wait and See' policy of withholding the approval review until th..

경제 2022.09.06

Lee Chang-yong 'no exchange rate target' Powell's 'interest rate hike' overlapped the won sharply

After Bloomberg published an article warning of further erosion of Asian assets, Bank of Korea Governor Chang-yong Lee said in an interview with Bloomberg TV that “there is no exchange rate target,” and the won depreciated significantly. "Asia assets are leaning towards hawkish at the Jackson Hole Symposium following the Fed, and investors are seeking refuge," Bloomberg said. It warns of the lon..

경제 2022.08.29

Chang-Yong Lee ‘Korea’s Emerging Countries’ in the U.S. ‘Ninth Financial Powerhouse’ in Korea

Lee Chang-yong, Governor of the Bank of Korea, announced it as a 'Korea Emerging Countries' at a US Fed Symposium, and differently revealed it as a '9th largest financial powerhouse' at a meeting of the Monetary Policy Committee of the Bank of Koreaㅣ At the US Federal Reserve Symposium on the 27th, President Lee said, "It is true that it is technically very difficult to create a basic scenario a..

경제 2022.08.28

Bank of Korea ‘More than 6% for the time being’ Vs Choo Kyung-ho ‘September-October peak’

Regarding inflation, the Bank of Korea said that it will “continue to rise more than 6% for the time being”, while Deputy Prime Minister Choo Kyung-ho announced the “peak in September and October” respectively. Lee Hwan-seok, Deputy Governor of the Bank of Korea, said, "The rate of increase in the consumer price index has been in the 6% range since June, and it is in line with the expectations o..

카테고리 없음 2022.08.02

U.S. consumer price rises 9.1%, Bloomberg says interest rate rises by 1%

The US Consumer Price Index rose 9.1% from the previous year, and the interest rate is expected to rise by 1% at the end of this month. The cost of living' index announced that it rose 0.8% compared to May. "The rise in the consumer price index in the 12-month period ending in June was the fastest since November 1981," the U.S. Department of Labor said in a statement today. "It was responsible f..

카테고리 없음 2022.07.14

The main culprit of inflation is housing cost, only in Korea, and the crisis intensifies

The gap with the US price index widened further as the Bank of Korea raised the interest rate by 0.5%p and adhered to the method of excluding the consumer price index for self-living costs. The US Federal Reserve expects higher housing costs to continue to push inflation this year, with higher housing prices being the biggest factor in controlling interest rate hikes. "Rising housing costs are e..

카테고리 없음 2022.07.13

U.S. mortgage rates doubled - Japan's low interest rates - Korea's 'interest rate inversion'

Mortgage rates doubled amid a sharp rise in US interest rates, Japan chose to stimulate the economy by maintaining ultra-low interest rates, and Korea leaned toward stimulus by allowing interest rates to reverse. In the US financial markets, stock markets fell sharply as the Federal Reserve raised interest rates to tackle inflation, while mortgage rates continued to soar. The Washington Post rep..

카테고리 없음 2022.06.17