Rather than adjusting the base rate by 0.25 percentage points, raising the base rate by 0.5 percentage points at a time is called a 'big step'.

Today (16th), the governor of the Bank of Korea hinted at the possibility of this big step.

The key variable is probably the price, reporter Im Tae-woo.

<Reporter> Lee Chang-

yong, governor of the Bank of Korea, denied the possibility of a 'big step' even at the personnel hearing a month ago.

[Kim Soo-hong/Rep. of the Democratic Party (Personnel hearing at the National Assembly on the 19th of last month): Are you against big steps in regards to interest rate hikes?]

[Lee Chang-yong/President of the Bank of Korea (last month, 19th, National Assembly personnel hearing): There is no need to do it yet I think.]

But today, at the meeting with Deputy Prime Minister Choo Kyung-ho for the first time, he changed his position.

[Lee Chang-yong/Governor of the Bank of Korea: I don't think I can completely rule out such a big step in the future, I am not at a stage where I can say such a thing.]

"Until last month, there was no need for a big step, but how much more prices will rise in the future, etc. It's time to look at it and decide."

It can be interpreted that the price situation has gotten worse enough to consider shock therapy, Big Step, as one of the options.

It is difficult to rule out the possibility of a big step as the new government puts price stability as its top priority.

The bond market was shaken by the unexpected big step remarks, causing the interest rate of KTBs to rise one after another.

It is also interpreted that the Bank of Korea gave a strong signal to raise interest rates further ahead of the Monetary Policy Committee meeting to be held on the 26th.

[Seong Tae-yoon/Professor, Department of Economics, Yonsei University: Stagflation is in progress, so if the Korea-US interest rate inversion occurs, it is a situation that will inevitably put a burden on our economy.

It is judged that these aspects have opened up the possibility of a big step-type interest rate hike.]

As the impact of the big step remarks grew, the BOK began to evolve as a principled remark, but it revealed the monetary authorities' concerns about both inflation and the interest burden of the common people. is the analysis.

(Video Edit: Kim Kyung-yeon)

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