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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..

While Fed Chairman Powell predicted a 'big step' rate hike of 0.75% consecutively, BOK Governor Chang-yong Lee maintained the position of 'maintaining a 0.25% hike' and 'no foreign currency outflows in an interest rate reversal'. At the annual International Economic Symposium attended by President Lee, Chairman Jerome Powell said on the 26th that "the Fed is moving its policy stance consciously ..

Due to the weak yen, Korea experienced a -2.2% economic recession in the third quarter, which could lead to a prolonged recession and a collapse of the housing market at the same time. In a research note on the 4th, Nomura Securities said, "Countries can no longer rely on a rebound in exports for growth due to the accompanying slowdown in the global economy." predicted that Regarding the housing..

Candidate Chang-yong Lee for the governor of the Bank of Korea announced on the 1st that it was a ‘sub-priority’ in consultation with the Financial Services Commission for ‘mid- and long-term’ household debt through an interest rate reversal policy in ‘support through coordination’ of government growth by maintaining low interest rates. Candidate Lee told reporters on the first day of work, "The..