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High interest rates in the U.S., ‘risk of additional fiscal stimulus hike’, Lee Chang-yong’s ‘geopolitics’, intensive blow to Korean won As the U.S.'s policy of prolonging high interest rates and the Korean government's strategy of 'repeating short-term expectations' relying on the stock market stimulus is coming to naught, the won's weakness, which has no defense against the slowdown in consump..

Trade deficit of $10 billion, consumption decline, Chinese demand weakening, deflation strengthening Deflation in China is growing due to weakening demand, and Korea has a trade deficit of $10 billion last year due to a decline in trade with China, indicating a continued recession due to falling imports and decreased consumption. According to the Korea National Statistical Office, the amount of ..