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Big economic problems lie in front of the new government.
It is not easy to find a solution in the so-called 'triple high' where prices, exchange rates, and interest rates all rise.
Yesterday (10th), the KOSPI fell below the 2,600 level.
This is reporter Im Tae-woo.
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Yesterday, the KOSPI fell 2% as soon as the market opened, and ended the market with the 2,600 line collapsed in 17 months.
Foreigners have already sold 14 trillion won in the domestic stock market this year, and the loss to individual investors who bought stocks has grown like a snowball.
The exchange rate also rose again by over 2 won, hitting a new high for the year.
The common people suffer from the cost of living.
[Kyung-soon Jo / Gangseo-gu, Seoul: It’s a burden.
Every time you put (things) in, you should look at the price and think about whether you should buy it or not.
Would you like to eat less...
.]
Travel, surrogate driving, and movie rates are on the rise as people come out after social distancing is over.
Interest rates are also a concern.
In order to catch inflation, interest rates must be raised, and I am worried that the economy will weaken further and the interest burden on ordinary people in debt will increase.
However, if interest rates are not raised, a bigger crisis could come as money flows out of the country to chase the expensive dollar.
The difficult task of chasing two or three rabbits at the same time to create an optimal policy has been given to the new government's economic team.
[Hwang Se-woon / Research Fellow, Capital Market Research Institute: Controlling inflation and solving and preventing these problems of rapidly deteriorating household debt can be evaluated as one of the most important tasks.]
Economic problems are ultimately solved by people As it is a difficult issue, it is more important than ever to win the cooperation of members of society.