The move by the U.S. Federal Reserve to further reduce its monthly bond purchases by US$10 billion will have little impact on South Korea, the government's top economic policymaker said Thursday. Finance Minister Hyun Oh-seok said in a meeting of government officials and market watchers in Seoul that in light of South Korea's solid economic fundamentals, any effect of the stimulus cut announced by the Federal Open Market Committee (FOMC) will be limited.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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