corona economy 3

Unlike the UK and Japan, Korea's credit CDS rises due to quantitative reduction in the US

Korea's credit default swap (CDS) premium has been restored to its initial high due to US quantitative austerity. The Korean 5-year CDS premium trade reached 23.13bps on the 6th, up 0.59bps from the previous day, close to 23.68bps on March 10th last year. In the stimulus package that the US strengthened quantitative easing, Korea's CDS premium reached an all-time low of 17.80bps in September of ..

카테고리 없음 2022.01.07

Inflation has outpaced economic growth, import growth has exceeded exports

Due to the expansion of the corona money supply, the inflation rate was greater than the economic growth rate, the income growth rate decreased, and the import growth rate exceeded exports. Compared to the economic growth rate of 0.8% in the second quarter, the CPI rose more than 2% for five consecutive months from April (2.3%), and in August, it increased by 2.6% compared to the previous year. ..

카테고리 없음 2021.09.02

Financial expansion of 100 trillion 20% over two years and a new tax at 3% growth rate

The government's fiscal expenditure increased by 9.5% in total expenditure from 2019, increased by 100 trillion won for two years with a continuous expansion of 9.1% in 2020 and 11.9% in 2021, a 20% increase from 500 trillion won in 2020 to 600 trillion won in 2022. The economic growth rate rose 0.2% from –1% of GDP last year to 3.6%, with the government 3.2% this year, the Bank of Korea 3%, and..

카테고리 없음 2021.03.30