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U.S. signaled that the timing of interest rate hikes could be slightly earlier. It is said that the policy direction, which used to release money to the market to revive the economy, is now in a discussion about whether to change it.



Reporter Kim Jung-woo pointed out what kind of impact it will have on our economy, based on past cases.



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Despite the faster-than-expected pace of economic recovery and signs of inflation, the US Federal Reserve has decided to maintain zero interest rates and free money through asset purchases.



[Jerome Powell/Chairman of the US Federal Reserve: I think our monetary policy will continue to help the economy fully recover through this action.]



However, while raising inflation and growth forecasts, 2023 indicated that interest rates could be raised.



Chairman Powell cautiously hinted that there was also talk of tapering, or curtailing quantitative easing, but our market expressed concerns about a repeat of the 2013 tapering shock, with the won-dollar exchange rate soaring.



Since then-Chairman Bernanke first mentioned the tapering plan in May 2013, the KOSPI fell nearly 10% in a month, and stocks in emerging markets also fell sharply.



Recently, the KOSPI has surpassed all-time highs one after another, which could put a burden on our asset market, which has swelled.



[Seo Sang-young / Director of Mirae Asset Securities: The market itself has come up a lot with the power of money. As soon as the Fed's policy changes or something like this starts coming out one by one, it's very likely that the market will adjust by using those things as an excuse.]



However, the prevailing opinion is that the situation is different from 2013.



Analysts say the impact will be less as the Fed is giving it time to prepare for the tapering.



[Davis / Seoul National University, Faculty of Economics, Professor. Suddenly When the tapered haejumyeonseo story in advance likely because the impact is so large because you think hagetdaneun deliver the shock little by little divided;



the government, however, likely to increase the volatility of domestic and international financial markets He said he would keep an eye on it as it is so big.



(Video coverage: Kim Seong-il, video editing: Jung Yong-hwa)