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Chu Kyung-ho's 181 trillion won export fund 'spreading out' Chinese tourism for 3 months 'stimulating' real estate luxury consumption In the midst of an economic downturn with simultaneous sharp declines in imports and exports, the government began to stimulate the economy by investing 181 trillion won in export subsidies in the fourth quarter and attracting Chinese tourists, thereby boosting th..

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..

While the government took an approach to induce high inflation by choosing to stimulate the economy by relying on fiscal expansion despite increasing inflationary pressure, the United States chose to respond to inflation when wage growth fell far short of inflation. President Yoon Seok-yeol said at a macro-financial review meeting on the 13th, "The financial and foreign exchange market volatilit..