Sung Won Sohn Quotes

There's a possibility they may decide to skip [hiking rates at] the February meeting. There is really no urgency because of the sluggish economy and the low inflation rate.

- Sung Won Sohn

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Possibility | Decide | Skip | Hiking | Rates |

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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

The problem is the bottleneck. The industry simply is not able to process the applications fast enough. They (homeowners) are trying to refinance...But the increase in demand will simply increase the waiting list. - Sung Won Sohn