[태그:] recession

The Fed raises rates to combat inflation, but concerns about a recession grow

Expectations of a rate cut were dashed! The Fed raised rates by 0.5% last week, sending the won/dollar exchange rate to around 1,380 won/dollar. While a weak won can attract foreign investment, it could also lead to domestic interest rate hikes in Korea Global economic issues to watch in May: Downward revision of global growth…

The Fed raises rates to combat inflation, but concerns about a recession grow