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Korea's household debt refinancing crisis due to the US economy's high growth rate of 3.5%, high wages and low unemployment The U.S. economy maintained high growth of 3.5% last year with high interest rates in the 5% range and low oil prices, and high wages and low unemployment caused a boom for American workers, deflecting predictions of an economic recession at the beginning of the year. With ..

On the 21st, American economists cautioned against optimism regarding the possibility of an economic recession this year as they are exposed to three factors: ‘worsening unemployment in the job market’, ‘expanding refinancing’, and ‘weakening the supply chain and the impossibility of an interest rate cut if high prices return.’ On the 19th, Trend Force, a semiconductor market research company, a..

US Federal Reserve ‘Commercial Real Estate Risk’ Korea Jeonse Deposit Refinance Fraud Derivatives ‘Credit Crunch’ The U.S. Federal Reserve issued a report on the risk of commercial real estate loans, and local banks, where loans are concentrated, are losing up to 10% as deposit outflows increase. According to the “Financial Market Trends” announced by the Bank of Korea on the 11th, as of the end..