Choi Sang-mok, Acting President and Deputy Prime Minister as well as Minister of Economy and Finance, evaluated on the 14th that "recent financial and foreign exchange markets are facing significant external uncertainties due to the US imposing tariffs and retaliatory measures by other countries, as well as growing concerns over the US economic slowdown."
On the same day, Acting President Choi presided over the 'Macroeconomic and Financial Issues Meeting' (F4 Meeting) at the Government Seoul Office and urged close responses to financial volatility. The meeting was attended by Lee Chang-yong, Governor of the Bank of Korea, Kim Byung-hwan, Chairman of the Financial Services Commission, and Lee Bok-hyun, Governor of the Financial Supervisory Service.
Acting President Choi emphasized, "Next week, major countries' monetary policy decisions are scheduled, including the US Federal Reserve's Federal Open Market Committee (FOMC) and the Bank of Japan (BOJ) Monetary Policy Meeting," adding, "Under close cooperation among related agencies, a 24-hour monitoring system of global economic and financial market trends must be maintained."
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