South Korea's President Lee says interest rate rise is unavoidable
5 Articles
5 Articles
On the 1st, President Lee Jae-myung stated, “Rising interest rates are inevitable,” adding, “Fiscal policy must step forward to assume a sophisticated role to minimize the suffering of vulnerable groups caused by rising interest rates and ensure that growth potential is not undermined.” Presiding over a Cabinet meeting that morning, the President said, “We are currently standing at a crossroads: between the entrenchment of low growth and a rebou…
South Korea's President Lee says interest rate rise is unavoidable
SEOUL, Sept 1 : South Korean President Lee Jae Myung said on Tuesday the economy is at a point where an interest rate rise is unavoidable, risking denting growth potential at a time socially disadvantaged are feeling the impact of higher borrowing costs.Lee was speaking at a cabinet meeting where the national
South Korea’s President Lee says interest rate rise is unavoidable
SEOUL, Sept 1 (Reuters) - South Korean President Lee Jae Myung said on Tuesday the economy is at a point where an interest rate rise is unavoidable, risking denting growth potential at a time socially disadvantaged are feeling the impact of h...
On the 1st, President Lee Jae-myung stated, “Rising interest rates are inevitable,” adding, “Fiscal policy must engage in a sophisticated division of roles to minimize the suffering of vulnerable groups caused by interest rate hikes and to ensure that growth potential is not undermined as a result.” Presiding over a Cabinet meeting at Che 청wadae (the presidential residence) that day, President Lee made these remarks, saying, “I ask once again th…
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