Inaugural address
· Hyun Song Shin, Governor of the Bank of Korea (South Korea)
Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates, inflation and price stability, trade, fragmentation and geopolitics, growth, investment and productivity
HS · Hyun Song Shin Wiki · Bank of Korea WikiInaugural addressContextInaugural address by Hyun Song Shin, Governor of the Bank of Korea, Seoul, 21 April 2026.
Why it mattersThe new Bank of Korea Governor's first speech in office, setting out his priorities.
Problems raised- Rising oil prices push inflation up and growth down.
- Financial market volatility and imbalances persist.
- Tariffs are reshaping trade.
Solutions proposed- Serve the economy with responsible monetary policy.
- Watch financial imbalances closely.
- Draw on international experience to guide the Bank of Korea.
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