From surging exchange rates and rising oil prices to news of the US imposing semiconductor tariffs. We break down complex macroeconomic news into the easiest and clearest terms for the general public.
Forecasts suggest the Bank of Korea will raise its base rate twice by the end of the year, reaching 3.25% next year. Here is an easy-to-understand explanation of how the base rate hike will affect our daily lives and loan interest rates.
Amid concerns over South Korea's rapid national debt growth, the IMF offers an unexpected diagnosis. We explain the true meaning of the national debt ratio and the essence of the debt issue in a way that is easy for the general public to understand.