“There is a need to be thoroughly prepared for the possibility of financial instability that can arise as tightened policy continues”

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He cited doubts about the integrity of commercial real estate loans in major countries and a mid-sized local developer that was forced to restructure its heavy debt load as some of the warning signs for the economy.
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“We need to pay particular attention to make sure credit risks do not grow around what is a weak link in our economy.”

www.reuters.com/markets/rates-bonds/bank-koreas-rhee-eyes-warning-signs-prolonged-monetary-tightening-2024-01-01/

h/t mark000



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