EchoingDesires
@echoingdesires
Long-term loose monetary policy and low interest rate environment have prompted Korean investors to accelerate their shift to high-yield assets. Since the outbreak of the epidemic, the benchmark interest rate of the Bank of Korea has been maintained at 3.5% for a long time, which is significantly lower than the interest rate level of the Federal Reserve of over 5%, resulting in a decline in the attractiveness of savings and actual returns that are difficult to resist inflationary pressure.
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