Sung Won Sohn Quotes

The central bank put itself in a box with the top lid open so that it can change its policy quickly in response to changing economic conditions.

- Sung Won Sohn

Tags

Central | Bank | Open | Change | Policy |

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It clearly tells us that consumers have and will continue to sustain and support economic growth... Consumers have really been the backbone of current economic growth and will continue to be a stabilizer for the balance of this year. - Sung Won Sohn

Since the economy is awash with liquidity and interest rates are already at a [40]-year low, the cut in the interest rate will work primarily through the psychological channel. - Sung Won Sohn