Professor Terence Lim of Sungkyunkwan University's SKK GSB analyzed how the Federal Reserve's decision to lower rates affects Korea's economy on the SBS biz broadcast.

Prof. Lim predicted, "Despite weak domestic demand, the Bank of Korea has no choice but to slow the pace of its interest rate cuts."

Regarding Donald Trump's second term, he stated, "President-elect Donald Trump plans to raise tariffs on Chinese goods. It will impact China's export market, and South Korea, which exports intermediate goods to China, will also be affected." He added, "Imposing tariffs on imported vehicles will significantly affect Korea's economy."

Original Article: https://biz.sbs.co.kr/article/20000192269?division=NAVER
https://biz.sbs.co.kr/article/20000200607?division=NAVER