Tag: Economic Common Sense

[Easy Reading on Economy] New BOK Monetary Policy Board Member Kim Jin-il, Why Is He Trying to Prescribe a 'Stronger Medicine' for Our Loan Interest Rates?

The true meaning of the base rate hike and price stability according to the newly appointed Bank of Korea Monetary Policy Board member Kim Jin-il. We easily explain the impact of hawkish monetary policy on our loan interest rates and inflation.