18 ordspråk av Park Seung

Park Seung

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

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

Prices will be generally stable, but beginning in the second half, pressures from the cost side will expand. Monetary policy will be made based on seeking a balance between growth and stability.

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.

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.

The won is rising too rapidly, compared with other currencies.

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.

South Korea has entered a normal recovery track, where economic growth, consumer prices and exports are in better shape.

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.

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

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

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

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

The economy is on a downward trend overall as consumption, investment and construction all remain in a slump, while exports are showing slowing growth,

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

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