Korea Economic Daily

As Donald Trump, the U.S. President-elect, publicly pressures for a quick end to the Ukraine war, there are observations that this war might continue until mid-2026. On the 22nd (local time), according to Ukrainian media RBC Ukraine and Kyiv Independ

China's real estate debt crisis has continued for five years, causing severe repercussions across the market. Major developers are facing default risks, and the ripple effects are intensifying in overseas markets such as Hong Kong. Although Chinese a

In the U.S. political scene, attention is focused on Elon Musk, the CEO of Tesla. His influence has grown to the point of derailing budget bills that have passed Congress. The Democratic Party has attacked Musk, claiming he wields influence as the 'd

The sharp rise in the won-dollar exchange rate that followed the US Federal Reserve's surprise interest rate cut is expected to ease. The US November Personal Consumption Expenditures (PCE) price index came in lower than market expectations, alleviat

Fed, Less Likely to Lower Rates Next Year New York Stock Market Plunged Last Week Attention on Whether Santa Rally Will Appear in the Last Week of December This week (23rd-27th), the New York Stock Exchange is under scrutiny to see if the Santa Rally

The United States Congress passed a temporary budget bill 40 minutes past the deadline for a federal government shutdown on the 21st (local time). President Joe Biden immediately signed the budget, narrowly avoiding a shutdown crisis for the U.S. gov

Government Raises Banks' Forward Exchange Position for the First Time in 4 Years and 9 Months "Breathing Room for Supply and Demand… Positive for Exchange Rate" Increased Forward Exchange to 50% of Equity Domestic Banks to 75%, Foreign Banks to 375%

All three major indices in the New York Stock Market rose together. The November Personal Consumption Expenditures (PCE) price index came out higher than market expectations, pushing the indices up. Concerns about a government shutdown, which had gro

Increase larger than previous month's 2.3% 89% chance of rate hold in January The Personal Consumption Expenditures (PCE) price index, which the Federal Reserve (Fed) considers the most important indicator when deciding interest rate levels, rose for

Contrary to expectations of a rate hike, the Central Bank of Russia has kept its key interest rate at 21%. According to TASS on the 20th (local time), the Central Bank of Russia announced that it would maintain the key interest rate at 21%, while ass

Powell Shock Leads to Strong Dollar Indian Rupee Hits Record Low Brazilian Real Plummets 27% This Year Korea Implements Emergency Measures as Exchange Rate Exceeds 1450 Won Banks' Forward Position Limits Raised The U.S. Federal Reserve's decision to

The won-dollar exchange rate remains at the 1,450 level for the second day, a level seen during the global financial crisis. Although the upper limit of the exchange rate is not significantly breached due to the National Pension Service's vigilance o

Impact of Fed's Adjustment in Rate Cut Pace Next Year Wall Street: "Focus on Jerome Powell More Than Trump" The U.S. bond market is seeing a rise in long-term yields following the Federal Reserve's (Fed) outlook for adjusting the pace of rate cuts ne

China Keeps Benchmark Interest Rate Unchanged as Expected… LPR 5-Year at 3.6%·1-Year at 3.1%

Foreigners and Institutions Both 'Sell' On the 20th, the KOSPI index started with a downward trend due to the aftermath of the previous day's Federal Open Market Committee (FOMC). As of 9:11 AM, the KOSPI index is recording 2409.17, down 1.1% from th

Micron Stock Down 16%↓ On the 19th (local time), the New York stock market showed mixed trends in a flat range. It still seems unable to escape the shock of the 'hawkish rate cut' by the U.S. Federal Reserve (Fed) from the previous day. On this day,

Bank of England Holds Base Rate at 4.75% The Bank of England (BoE), the central bank of the UK, has held the base rate at 4.75%. The BoE announced on the 19th (local time) during its monetary policy meeting that the base rate would remain at 4.75%. T

Held Steady for 3 Consecutive Times at 0.25% Annually Yen-Dollar Exchange Rate Soars to 156 Yen Ueda: "Will Monitor Future Wage Trends" The Bank of Japan has decided to keep its benchmark interest rate unchanged. This marks the third consecutive time

News Plus Fed cuts base rate by 0.25%P Signals rate cut moderation next year Won-Dollar exchange rate highest since financial crisis The Federal Reserve (Fed) of the United States hinted at significantly slowing the pace of rate cuts next year, causi

Inflation Forecast for Next Year Raised from 2.1% to 2.5% US GDP Growth Rate Slightly Increased from 2% to 2.1% Next Year Powell: "Rate Cut Pace Will Slow Down" "The pace of inflation deceleration is not as significant as expected... The US economy i

Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok Holds 'Macroeconomic and Financial Meeting' Plans to Include Measures to Improve Foreign Exchange Supply and Demand in Next Year's Economic Policy Direction Deputy Prime Minister

Won-Dollar Exchange Rate Surpasses 1,450 Won... First Time in 15 Years and 9 Months The won-dollar exchange rate is under upward pressure due to the strong dollar, driven by the delayed outlook for a US base rate cut. Early on the 19th, it broke thro

Investors' fear sentiment gripped Wall Street following the 'hawkish (preference for monetary tightening)' remarks by Jerome Powell, Chairman of the Federal Reserve (Fed). On the 18th (local time), the Chicago Board Options Exchange Volatility Index

Major indices in the New York stock market fell sharply. The Dow Jones Industrial Average recorded its longest decline in 50 years, falling for 10 consecutive trading days. This came after the Federal Reserve (Fed) announced at the Federal Open Marke

◆ US Cuts Rate by 0.25%P... "Pace Adjustment Next Year" The Federal Reserve (Fed) of the United States adjusted the benchmark interest rate to 4.25~4.50%, 0.25 percentage points lower than before, on the 18th local time. As a result, the benchmark ra

Dow Jones Falls for 10 Consecutive Days S&P500 Drops 178.54 Points (2.95%) to 5,872.16 The Federal Reserve (Fed) adjusted the benchmark interest rate to 4.25~4.50% at the December Federal Open Market Committee (FOMC) meeting held on the 18th (local t