Writing on my way home from work comes to mind about the rapidly changing intern

2024. 10. 26. 06:14U.S. Economic Stock Market Outlook

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Writing on my way home from work comes to mind about the rapidly changing international situation and economic situation recently.
With Trump's chances of winning the U.S. presidential election gradually increasing, the global economy is heading for an unstable situation. It is time to feel the impact of political changes in each country on the global economy in real time.

The Bank of Korea decided to cut interest rates by 0.25% to stabilize prices and stimulate the economy, but concerns have been raised that such measures could paradoxically encourage inflation. In particular, contrary to the interest rate cut, the burden of loan interest is increasing as the COFIX interest rate rises. This is likely to further reduce household spending capacity and negatively affect actual economic growth.

The exchange rate has also broken through its high point, and the value of the won is weakening. As a result, as import prices rise, overall inflation is inevitable. Rising energy and raw material costs stimulate production costs, which in turn has a great impact on consumer prices.

The economy is struggling in many ways, and uncertainty is growing. It seems necessary to prepare thoroughly for future economic conditions and strategies at a time when it is becoming increasingly difficult to predict future economic trends due to a combination of interest rate policies, exchange rates, and global political factors.

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