Bank of Korea "increases uncertainty in monetary policy, growth, and inflation in major economies"

The Bank of Korea said uncertainties over monetary policy in major countries and global growth and inflation have grown.

Vice President Yoo Sang-dae held a market inspection meeting today (8th) and made the assessment on the U.S. Federal Open Market Committee and FOMC's 0.25%p cut in the benchmark interest rate.

He also expressed concern that it is difficult to rule out the possibility of increasing foreign exchange and financial market volatility depending on the policy details of the second Trump administration.

In response, he emphasized that he would do his best to respond in a timely manner if necessary while strengthening market monitoring.