The Bank of Korea Governor is raising rates without hesitation; some even predict it could go up to 4%

‌Now they just need to stop injecting liquidity, but it looks like they will keep doing it.
It's becoming a bit of an absurd situation.
The government is injecting money while the Bank of Korea is raising rates to withdraw it—it's just a shell game.
For now, it looks like small business owners will be crying out in pain.
Still, it's a situation where they have no choice but to raise them.
As rates rise and large corporations bring in dollars, the exchange rate stabilizes instantly.
They just need to get inflation under control.
It seems likely that the stock market will be uninteresting for the time being.