Korea Economic Daily

The Bank of Japan, Japan's central bank, has held its policy rate at 0.5%. On the 19th, the Bank of Japan decided to maintain the short-term policy rate at its current level through the Monetary Policy Meeting held over the two days through that day.

<Today's main economic schedule> ▶19th (Fri) : △US 10-year TIPS Treasury auction (Korea time 1:00, US time 12:00) △US Fed balance sheet (Korea time 5:30, US time 16:30) △Japan interest rate decision (Korea time 12:00, US time 23:00) △EU Eurozone fina

NVIDIA to invest $5 billion in Intel The New York market closed at record highs across the board. This was attributed to the U.S. Federal Reserve (Fed) resuming rate cuts for the first time in nine months, and news that NVIDIA will invest $5 billion

The U.S. central bank (Fed) has decided to keep the speed at which it withdraws money from the market at a slow level. This approach is sometimes called a 'hidden money injection', or 'stealth easing'. It is expected to affect global capital flows an

◆ New York stock market, three major indexes close at record highs one day after interest rate cut One day after the U.S. Federal Reserve (Fed) resumed cutting interest rates, on the 18th (local time) the three major New York stock market indexes all

Acquires 4% stake…Intel shares surge Nvidia will invest $5 billion (about 6.9335 trillion won) in Intel and begin joint semiconductor development. Nvidia announced on the 18th that it would purchase $5 billion worth of Intel common stock at $23.28 pe

President Lee Jae-myung, interview with Time magazine Repeatedly reiterated a tough stance on tariff negotiations President Lee Jae-myung said of the US$350 billion U.S.-bound investment fund, "The U.S. demands were too strict," and added, "If I had

Luncheon with heads of securities firms' research centers "Amendment to the Commercial Act, if a few measures are added structural unfairness improvement will be finished" President Lee Jae-myung said on the 18th, "I think it is necessary to revitali

Market Inside Previously weak secondary batteries also 'stirred'…KOSPI looks set to reach its first 3500 KOSPI, 1% rise would enter 3500 Foreigners concentrate buying Samsung Electronics · Hynix Securities firms: "The semiconductor rally will continu

The KOSPI index closed at an all-time high of 3461.3 on the 18th based on the closing price. On that day, the KOSPI index ended trading at 3461.3, up 1.4% from the previous session. Based on the closing price, it again surpassed the previous closing

Review of economic and financial effects following U.S. Fed policy rate cut The U.S. Federal Open Market Committee (FOMC) cut its policy rate for the first time in nine months, and the Expanded Macroeconomic and Financial Meeting (F4 meeting) was hel

The Bank of Korea assessed that its monetary policy leeway has increased due to the U.S. central bank (Fed) cutting its policy rate. It is understood to mean that concerns about capital outflows owing to the interest rate differential with the United

U.S. Fed decides to cut benchmark interest rate by 0.25% percentage points First rate-cut cycle in nine months since last December "The reasons for the cut are not simply positive news…but AI investment has downward rigidity" "The 'two semiconductor

Powell "The cause of labor market slowdown is reduced immigration" Background for rate cut "Shift from inflation focus to employment" "There was little support for a 0.5 percentage point cut…reflecting employment slowdown The U.S. central bank (Fed)

The three major U.S. stock indexes closed mixed. Despite the U.S. Federal Reserve (Fed) implementing the year's first policy rate cut, markets swung as participants interpreted mixed signals about the path of further cuts. On the 17th (local time) at

Tech stocks broadly fell as investors took profits Russell 2000 jumped 0.4% on the rate cut U.S. small businesses have high reliance on variable rates The U.S. central bank (Fed) on the 17th (local time) as expected cut the policy rate by 0.25% point

GDP growth rate upwardly revised to 2025 1.6% PCE inflation kept at 3.0% for this year as previously forecast The U.S. central bank (Fed) on the 17th (local time) held the September Federal Open Market Committee (FOMC) and decided to lower interest r

GDP growth rate revised up to 1.6% in 2025 PCE inflation kept at 3.0% this year in line with prior forecasts The U.S. central bank (Fed) on the 17th (local time) held the September Federal Open Market Committee (FOMC) meeting and decided to lower rat

Little movement in bond yields that already priced in a rate cut Market: "96% chance of a 0.25% rate cut" With the Federal Reserve's rate decision and Chairman Jerome Powell's press conference due at 2pm local time on the 17th (3am KST on the 18th),

All-out effort to reduce dependence on the U.S. To Alibaba, ByteDance, etc. Blocks purchase of 'China-only' low-end chips Determination to secure an AI chip supply chain Chinese authorities are reported to have completely banned domestic companies fr

Outlook for increase amid central bank demand, dollar weakness, and easing rates "Risk of stagnation if equity markets remain strong or rates rebound" Deutsche Bank raised its forecast for next year's gold price by $300 to $4,000 per troy ounce. Acco

NVIDIA, Microsoft, OpenAI and others make large-scale investments 'Technology Prosperity Agreement' signed to cooperate on AI, quantum computing and civil nuclear energy While the U.S. pressured South Korea and Japan to unilaterally provide money to

Dollar Index lowest since July ECB "holds rates"…Euro strengthens Ahead of the US central bank (Fed)'s decision on the policy rate, the dollar's value against the euro fell to its lowest level in four years. According to Bloomberg, on the 16th (local

Dollar value evaporated 10% this year… Aftermath of Trump's tariff bombshell ECB keeps three key policy rates on hold…"Shows economic resilience" The U.S. central bank (Fed) saw the dollar's value fall to its lowest level against the euro in four yea

The KOSPI was pushed down to the 3,410 level by foreign selling. Profit-taking sell orders poured in on the 'semiconductor two-tops' that had driven the index's rise. Meanwhile, secondary battery stocks were on a strong trend. As of 10:56 a.m. on the