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The US has again raised the key interest rate significantly.

Since last June, the base rate has risen by 3 percentage points by 0.75 percentage points three times in a row this year alone.

In particular, the US said that it would not lower interest rates until inflation fell to the 2% level even if the economy was in a recession, shaking the market. .

In addition, the inversion of the Korea-U.S. base rate has put pressure on Korea to significantly raise interest rates next month.



Reporter Kim Jung-woo reports.



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Interest rates are raised by 0.75 percentage points.



This was as expected.



The market was shocked by this remark from US Federal Reserve Chairman Powell.



[Jerome Powell/Chairman of the US Federal Reserve: The Federal Open Market Committee has made a strong decision to keep inflation down to 2%, and will continue to raise rates until that target is reached.] To



4.6% by the end of next year .

I expected it to go up.



It is an expression of willingness to prepare for an economic downturn and control inflation.



The exchange rate reacted immediately.



The won-dollar exchange rate once rose to 1,413 won, and ended up trading at 1,409.7 won, up 15.5 won from yesterday (the 21st).



[Sewoon Hwang/Senior Research Fellow, Capital Market Research Institute: As there is a signal that another 0.75%p (US) base rate increase is possible, the exchange rate surges because the price is being adjusted for another rapid base rate hike in the future. (I do).]



Although the domestic stock market declined in the afternoon, the procession of foreign and institutional investors leaving the stock market continued today.



The Bank of Korea (BOK) has predicted a change in its stance ahead of a decision on the base rate next month.



Before the end of the year, he said he would gradually raise it twice by 0.25 percentage points, but now the situation has changed.



He saw that the base rate in Korea and the US would invert again, leading to a vicious cycle of foreign investors leaving and the exchange rate soaring.



[Lee Chang-yong / Governor of the Bank of Korea: It is true that (the US base rate forecast) has risen considerably from the 4% level to more than that.

After closely examining the impact of such a change in preconditions on domestic prices, growth trends, foreign exchange market, etc. (I will judge).]



If the Bank of Korea raises the base rate by 0.5 percentage points at a time, the average annual interest burden per household is 500,000 It will increase one more circle.



(Video coverage: Park Jin-ho, video editing: Choi Hye-young)



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