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Candidate Chang-Yong Lee sent a strong signal that he would raise interest rates during the personnel hearings for the new Bank of Korea governor.

Now, the most urgent thing is to catch inflation, so even if it is not welcome, it will signal an interest rate hike and do what it has to do.



Correspondent Jo Ki-ho.



<Reporter> When



asked about inflation or growth, Bank of Korea governor candidate Lee Chang-yong answered that now is the time to start with inflation.



[Lee Chang-yong / Candidate of the Bank of Korea Governor: Looking at the data up to today, because the price is more worrisome...

.

At least one or two years are expected to go on an upward trend...

.]



He emphasized that interest rates should be raised preemptively, not after inflation, as in the United States.



He said he wouldn't mind playing a villain.



[Lee Chang-yong / Candidate for the Governor of the Bank of Korea: Even if it is not popular, it gives a signal so that the price does not go up significantly...

.]



The extent of the rate hike will be decided based on how much inflation will rise and will not harm economic growth, he added.



He said that the problem of the common people having a hard time when interest rates are raised must be solved at the pan-government level.



He also said that the loan policy should be progressive because it is related to real estate and easing regulations puts a burden on prices.



In the process, he said that he would communicate and coordinate with the government, but he would not be drawn to government policies.



[Il-Jun Seo/Member of National Assembly: I think it is necessary to take this opportunity to share the vision of the new government. What do you think?]



[Chang-Yong Lee/Candidate for President Han Eun: Proposing the best policy based on objective data is important regardless of which government I think it helps the government a lot and helps the country.] Although it



was an inevitable choice for the 50 trillion won supplementary budget, which was the promise of the Yun Seok-yeol administration, it was suggested that the scale should be adjusted in consideration of the impact on prices.



(Video coverage: Cho Chun-dong, video editing: Park Ki-duk)