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South Korean financial authorities said the Federal Reserve's rate hike would have a limited impact on the market, as the market had already priced in the expectation.
South Korea's financial authorities stated on Thursday that the Federal Reserve's first interest rate hike in over three years to combat inflation is expected to have a limited impact on financial markets, as the market has already priced in this expectation. South Korean Finance Minister Koo Yun-cheol, Bank of Korea Governor Shin Hyun-song, Financial Services Commission Chairman Lee Eog-weon, and Financial Supervisory Service Governor Lee attended the relevant meeting.
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Source：Korea Herald商业 · Source Link
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