Understanding Korea’s Interest Rates Amid a Significant U.S. Interest Rate Cut※ Interest rates are a fundamental aspect of any economy, influencing everything from consumer spending to business investment. When a major economy like the United States makes significant changes to its interest rates, the ripple effects are felt worldwide, including in Korea. This blog will explore how a substantial..
Korea's Stock Market Outlook Amid Bank of Korea's Interest Rate Freeze※ The Bank of Korea (BOK) recently announced its decision to freeze interest rates, a move that has significant implications for the South Korean economy and its stock market. An interest rate freeze occurs when a central bank decides to keep its benchmark interest rates unchanged. This decision can be driven by various factor..