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Prior to us, the United States also announced that it would spend more money to save the market. In fact, you are going to unlock unlimited money. Thanks to the stimulus package from inside and outside the country, today (24th), our stock market soared.

Reporter Hyung-Woo Jeon.

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The US economy is getting worse enough to be called a sudden stop.

In fact, the number of claims for unemployment benefits in the United States announced last week has risen 33% from a week ago, and it is predicted that it will increase more and more.

Some investment banks are predicting that the U.S. economic growth rate will reach minus 30% in the second quarter.

In this situation, the Fed has decided to increase the amount of liquidity to the market through the purchase of government bonds from virtually $ 700 billion in the past.

In addition, we introduced a program to purchase corporate bonds that are eligible for investment at a size of $ 300 billion.

The Fed's purchase of corporate corporate bonds is a unique measure that was not used during the 2008 global financial crisis.

A crisis similar to the Great Depression of the 1920s is also considered as a preparatory measure.

The KOSPI and KOSDAQ indices surged more than 8%, and the won-dollar exchange rate also plunged thanks to market stabilization measures in the United States and Korea following.

However, despite the countermeasures of each country, it is also suggested that additional safety measures are needed, such as how to utilize the central bank's ticketing power, as it is not known when the global economic paralysis will be resolved.

[Ha Jun-kyung / Professor, Department of Economics, Hanyang University: (Korea is like the United States) It is not a key currency, so there are limitations. I think there is a lot of room for the Bank of Korea to support funding liquidity because it is done similarly around the world.]

According to the current law, the Bank of Korea is unable to purchase corporate bonds without government guarantees, so the government needs to open a way to guarantee the purchase of corporate bonds with the consent of the National Assembly.

(Video editing: Oh No-young)