Is it a cut or a freeze?Bank of Korea growing troubled between 'domestic demand and exchange rate'

[Anchor]
There is also a base rate decision in mid-November.

However, it is still unclear whether the cut will be carried out or frozen as in October.

This is because the Bank of Korea's worries have grown between the frozen domestic economy and the dollar exchange rate, which is feared to rise.

Let's listen to the expert analysis of what it's about.

[Professor Seo Eun-sook / Department of Economics and Finance at Sangmyung University (YTN News START): We lowered 25BP once. Now in October. If interest rates are cut, the lending rate will also fall, so we can predict that consumption and investment will be activated, and accordingly, the economy will have a cycle of growth together, generally. The problem is that if the base rate and the policy rate have fallen, the market rate, in other words, the loan rate, should also fall due to the ripple effect of the monetary policy, but due to the household debt suppression policy, the loan rate cannot be lowered and the additional interest rate is attached. As loan interest rates continue to remain high, there is a limit to boosting consumption, so there is a need to cut interest rates to boost domestic demand. I don't know who Trump or anyone the U.S. talked about a while ago will be elected, but as uncertainty grows, prices are considering the possibility of going up again. As that happened, the Fed also said it would adjust the pace of the rate cut. In that state, if we lower interest rates again, we have to consider interest rate differences, and if we cut interest rates, the weakening of the won will be strengthened. So, it's very difficult to cut interest rates because of that.]