The Bank of Korea will hold a temporary financial currency committee on the afternoon of the 16th to discuss whether to cut the interest rate.

Han Eun said on this day, "The governor of the Bank of Korea, Lee Joo-yeol, convened today's meeting of the Financial Monetary Commission as chairman of the Financial Monetary Commission.

The interim gold commission was initially expected to be held on the 17th to 18th days, but the Federal Reserve (Fed) cut its base rate to the 'zero interest rate' on the 15th (local time), which had an impact on accelerating the schedule. Seems to be.

In the market, the Commission expects to cut the base rate, which is currently 1.25% per annum, by 0.50 percentage point at the meeting.

When the 0.50 percentage point cut is achieved, the base rate will drop from 1.25% per annum to 0.75% per year, reaching the 0% rate range for the first time in history.

However, unlike the developed countries, considering that there is a risk of capital outflow in case of a sharp cut, and that additional policy margin must be left, it is also observed that Haneun will take a cautious attitude by cutting 0.25% point.

Han Eun opened the interim gold rule and lowered interest rates only two times in September 2001 (0.50 percentage point cut) immediately after the '9/11 terrorism' and in October 2008 (0.75 percentage point cut) during the financial crisis.

On the same day, after the decision of the KFTC, a press conference was scheduled for about 6 pm.

The round-table conference will be held in YouTube live format.

(Photo = Yonhap News)