South Korea Establishes Expanded Macroprudential Meeting on July 14 to Manage 'Triple High' Risks

According to an official government announcement on July 14, South Korea launched a new macroprudential policy framework to address inflation, exchange rates, and interest rate risks. The existing F4 meeting—comprising the Finance Ministry, Bank of Korea, Financial Services Commission, and Financial Supervisory Service—was expanded to include the Ministry of Land, Infrastructure and Transport, creating an F5 structure to oversee comprehensive market stability across macroeconomics, financial markets, and real estate. The government also announced plans to strengthen financial support for small and medium-sized enterprises in provincial areas through revisions to the central bank's financial intermediation support loan program.
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