FKCCI to Host Korean Economy Seminar at Yeouido Hall on November 7

Participation of Senior US Fed Economist and Others

[Asia Economy Reporter Moon Chaeseok] The Federation of Korean Industries (FKI) announced on the 27th that it will hold a seminar on next year's economic and industrial outlook under the theme "The Turbulent Korean Economy: Prospects and Diagnosis" at the FKI Conference Center in Yeouido on the 7th of next month.

The FKI assessed, "The Korean economy is facing an unprecedentedly steep interest rate hike, a slowdown in key industries such as semiconductors, and prolonged Russia-Ukraine war, making it difficult to predict the near future."

In the first economic outlook session, Professor Kim Jin-il of Korea University, a former senior economist at the US Fed, will present the "2023 Global Economic Outlook," followed by Professor Cho Dong-chul of the KDI School of International Policy and Management presenting the "Next Year's Korean Economic Outlook." Afterwards, Park Seok-gil, Head of JP Morgan's Financial Market Operations, will discuss the "Interest Rate and Exchange Rate Outlook amid US Monetary Tightening."

In the second industrial outlook session, presentations will be given by industry experts including Park Yu-ak, Research Fellow at Kiwoom Securities (Semiconductors); Kim Jun-sung, Senior Researcher at Meritz Securities (Automobiles and Auto Parts); Park Seong-bong, Researcher at Hana Securities (Steel); Yoon Jae-sung, Researcher at Hana Securities (Petrochemicals and Petroleum Products); and Lee Dong-heon, Research Fellow at Shinhan Investment Corp. (Shipbuilding and Machinery).

The seminar will be held in the Emerald Room on the 3rd floor of the FKI Conference Center in Yeouido, and participants can register through the FKI website.

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