Macroeconomic Challenges in South Korea

This chapter examines the complex macroeconomic landscape in South Korea, highlighting the effects of U.S. tariffs and political instability on consumer and business confidence. It discusses the rising household debt amidst weak domestic demand, as well as the impact of China's economic slowdown on South Korean exports. The conversation concludes with the Bank of Korea's cautious decisions regarding interest rates in response to these macroeconomic challenges.