Korea eyes interest rate cut following U.S. federal reserve’s bold move
Recent data from South Korea indicates a cooling economy, with consumer spending and exports showing signs of weakness
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Financial stability takes priority as South Korea faces rising household debt and slowing inflation
Household debt in South Korea has surged to over 100% of the country's GDP, one of the highest levels among advanced economies.
Fed maintains interest rates, Korea cautious of potential market volatility
The Bank of Korea anticipates the Fed to hold the current interest rate, observing market sentiment, while South Korea's Finance Ministry remains vigilant for potential volatility.