[On-point] U.S. Fed holds interest rate steady: What this means for the Korean economy

The U.S. Federal Reserve left its key interest rate unchanged for the fourth time.

For more on this, we have Professor Kim Yong-Jin, Professor at Sogang Business School.

Professor Kim, thanks for joining us this morning.

1. The Fed has decided to hold its key interest rate steady, and this is something that was widely expected. What's behind this decision?

2. The Fed indicated that it may cut rates twice this year. What does this imply?

3. Now with the interest rate freeze, what happens next? How will this affect the Bank of Korea's decision next month?

4. How will the Fed's latest decision affect Korean businesses and investors in Korea?

5. How do you think the government should approach trade negotiations with the U.S. to successfully reach a deal before the July deadline?

Alright Professor Kim, thank you so much for your insight today.

We appreciate it.