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Let's talk in more detail with reporter Lim Tae-woo, who covers the Bank of Korea.



Q. How long is the raise?



[Reporter Im Tae-woo: Anyway, the reporters asked the governor of the Bank of Korea about that part.

The answer was that the situation is uncertain, so we can't predict what will happen next year now.

In particular, in the next three months, Biden, Putin, and Xi Jinping will meet at the G20 summit, there is a Chinese national convention, and there is a political schedule.

But we made it clear that, as long as one growth doesn't go too bad, holding prices is a priority.

In other words, if inflation is unstable at the beginning of next year, we have to take it as a sign that the interest rate can be raised further.]



Q. Is the 'interest rate inversion' okay



? [Reporter Im Tae-woo: Yes.

If the US interest rate rises higher than that of Korea, many people worry that the dollar will rise even more.

Today (25th), there was something like this in the response of the Governor of the Bank of Korea.

Although the Bank of Korea is independent of the Korean government, it is not independent of the US central bank, in other words, it is influenced by the US a lot.

It won't be a big deal right away, but he said he would keep looking so that the gap does not widen too much.]



Q. What is the interest burden?



[Reporter Im Tae-woo: That part worries me the most.

Even now, while still taking out loans, more than 70% are in the variable type product that is affected by the base rate.

If you are not in a situation to reduce your debt right away, it would be better to switch to a low-interest, fixed-type product or to reduce the burden by actively using the right to request a rate cut.]



▶ The first four consecutive rate hikes in history…

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▶ Prices holding back the self-employed...

How long will the price shock last?