twin deficits 4

BIS Warns, “Government Debt Expansion Could Lead to Worsening Inflation and Currency Depreciation”

Bank of International Settlements Warns, “Government Debt Expansion Could Lead to Worsening Inflation and Currency Depreciation” The Bank of International Settlements has publicly warned, “Government Debt Expansion Could Lead to Worsening Inflation and Currency Depreciation,” and the Bank of Korea is expected to cut interest rates on the 29th. On the 27th, Bank of International Settlements (BIS)..

경제 2025.05.27

Lee Jae-myung's Stock Market Foreigners 'Guarantee of Safety' Individuals 'Government Debt Dependency' Securities Firms 'Sell Report Not Allowed'

Lee Jae-myung's Stock Market Foreigners 'Guarantee of Safety' Individuals 'Government Debt Dependency' Securities Firms 'Sell Report Not Allowed' Presidential candidate Lee Jae-myung promised securities firms to double the major corporate indices and requested 'buy order' reports, but the stock market rose briefly and then fell again. On the 21st, the candidate gathered the heads of centers that..

경제 2025.04.22

Overseas subsidiaries turned current account deficit, won ‘defenseless’ against ‘US interest rate of 6%’

In an economy dependent on overseas subsidiaries of chaebols as the current account deficit grows, a report titled “The yuan depreciates 5% due to a 6% increase in US interest rates” came out. In response to further rate hike remarks from the Fed chair, the UBS Maniknara Strategist report said that "the Fed's tightening towards 6% will firmly test the historic 'threshold of pain' for emerging ma..

경제 2023.03.10

Growing trade deficit, falling national tax revenue, fixing inflation on twin deficits

The trade deficit reached $5.3 billion in February, and the cumulative trade deficit between January and February reached $17.95 billion, 39% of last year's annual trade deficit of $47.785 billion, which was already the largest on record, came out in two months. With negative growth In the fourth quarter of last year, which turned around, GDP growth was -0.4%, falling 0.7%p behind the average of..

경제 2023.03.01