President Lee Chang-yong's various opinions

President Lee Chang-yong's various opinions

It was a difficult meeting to talk about Dobish Hokish.

1. As the U.S. pivots toward a cut, monetary policy around the world has diversified. And the ECB is coming down. We don't have to look at the U.S. too much

2. Korea has a higher headline CPI than Core, which is different from the U.S. or the world. Inflation is down and domestic demand is sluggish, but there is supply shock due to agricultural products and oil prices

3. According to the textbook, the supply problem should not be solved with a monetary policy that constrains demand, but the headline CPI can also affect core prices and is related to people's lives, so look at both

4. How can you set the price of apples as monetary policy? But is it right to grow more apples while subsidizing them? If you want to lower prices, just import them and eat them

5. Although KRW is quite low, fear does not just arise. The reason is that 1) the dollar is stronger than the weak KRW. 2) There are many overseas investments such as introductory ants, so it becomes FX in advanced countries

6. The average inflation target logic, which states that prices should be lowered and the average should be adjusted to 2%, is rather bad because it can increase uncertainty even downwards. I won't do it.

7. Monetary policy is important for May's economic outlook and June should also be viewed by the ECB and will move into the second half of the year. Not likely to be fast

Conclusion: I hope Chang Dragon can be president.