Our economy, as we expected, is showing a steady recovery. Looking from the microeconomic side, exports are doing better than expected while production and consumption is good. Still, facilities investment and construction, we're unsure. - Park Seung Quotes
Our economy, as we expected, is showing a steady recovery. Looking from the microeconomic side, exports are doing better than expected while production and consumption is good. Still, facilities investment and construction, we're unsure. Park Seung
 Economy

More - Park Seung Quotes

The recovery has taken a firm root, while demand-side price pressure is growing, - Park Seung Quotes

The recovery has taken a firm root, while demand-side price pressure is growing,

Park Seung

 
We see the current situation continuing through the first half of next year. - Park Seung Quotes

We see the current situation continuing through the first half of next year.

Park Seung

 
Monetary policy will be based on seeking a balance between growth and stability. - Park Seung Quotes

Monetary policy will be based on seeking a balance between growth and stability.

Park Seung

 
The current level of reserves is not worrisome. But we don't need to build up more. - Park Seung Quotes

The current level of reserves is not worrisome. But we don't need to build up more.

Park Seung

 
Production, exports and consumption clearly began to perk up since November last year. - Park Seung Quotes

Production, exports and consumption clearly began to perk up since November last year.

Park Seung

 
The polarization between households and the corporate sector is a phenomenon seen in the course of the economic restructuring process. - Park Seung Quotes

The polarization between households and the corporate sector is a phenomenon seen in the course of the economic restructuring process.

Park Seung

 
The balance can change into 55-45 between economic growth and inflation, from 50-50, - Park Seung Quotes

The balance can change into 55-45 between economic growth and inflation, from 50-50,

Park Seung

 
Domestic consumption is very robust and manufacturing and service outputs are posting faster-than-expected growth. There are latent inflationary pressures due to the economic recovery and persistently high oil prices. - Park Seung Quotes

Domestic consumption is very robust and manufacturing and service outputs are posting faster-than-expected growth. There are latent inflationary pressures due to the economic recovery and persistently high oil prices.

Park Seung

 Growth
We have approached a point where we need to consider a gradual change in monetary policy. We share this view with the Finance Ministry. Monetary policy is based on economic growth, consumer prices and allocation of resources. The perception that the central bank would not raise interest rates had been prevalent, so I needed to send a signal not to shock the markets. - Park Seung Quotes

We have approached a point where we need to consider a gradual change in monetary policy. We share this view with the Finance Ministry. Monetary policy is based on economic growth, consumer prices and allocation of resources. The perception that the central bank would not raise interest rates had been prevalent, so I needed to send a signal not to shock the markets.

Park Seung

 
We will discuss a raise seriously at next month's meeting, - Park Seung Quotes

We will discuss a raise seriously at next month's meeting,

Park Seung

 
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