Bank of Korea Governor Lee Chang-yong also appeared before the National Assembly's Finance and Economy Planning Committee on the 23rd and said, "Despite uncertainty related to U.S. tariff policies, our country's economy will see domestic demand recovered due to favorable consumer sentiment, and exports will continue to increase due to improved semiconductor market conditions, with growth rates rising significantly higher than last year (1%)."
In fact, the Bank of Korea raised its outlook for this year's real GDP growth rate by 0.2 percentage points (p) from 1.8% to 2.0%.
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I feel like I've seen that scene last year too...
