Tag: Economy

The Fed's Baton Pass: Governor Stephen Miran's Resignation and a New Chair — How Does It Affect My Wallet?

The resignation of Fed Governor Stephen Miran and the arrival of Chair-designate Kevin Warsh. We explain how this change affects our economy and interest rates in an easy-to-understand way.

Korea's Debt is Growing Fast... Is It a Real Crisis? An 'Unexpected' Assessment by the IMF

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.

The 10,000 Won in My Wallet is Shrinking? How Will My Life Change in the 1,500 Won KRW/USD Era?

The KRW/USD exchange rate is threatening the 1,500 won mark for the first time in 17 years. We explain in easy terms how the Middle East war, rising international oil prices, and the 'Seohak Ants' investment fever in US stocks are affecting our economy and cost of living.