✌(◕‿-)✌♡ try ViralVideoDB.com daily viral videos

Interest Rate Hike

Say and pronounce Interest Rate Hike on SuperTTS.com Make Your Own Text-To-Speech Words Instantly

  Info

Description

[Anchor Lead]The potential for a U.S. key interest rate hike is gaining momentum. It's not only the U.S., but other countries around the world as well that are shifting from monetary easing toward tightening. Against this backdrop, a rate hike may also be inevitable for Korea, which is raising concerns due to the nation's massive household debt.[Pkg]This office worker took out a mortgage loan when buying a home 6 years ago. Monthly payment in principal and interest is about 400-thousand won. The burden is not so much at present with the interest rate in the 2 percent range. However if the rate rises, it's a different story.[Soundbite] Office Worker with Home Mortgage Loan(Voice modified) : "Office workers receive a fixed salary so if the interest rises, we have to cut spending in other areas."Amid the protracted low interest rate trend, people taking out loans based on a floating interest rate have sharply increased to account for 60% of all borrowers this year. If the rate rises, their burden increases. The low income class and small-scale self-employed people are especially more vulnerable because receiving bank loans has become more difficult due to tightened regulations.[Soundbite] Self-employed(Voice modified) : "Sales dwindle but rental costs continue to rise. So there's no other way but to take out loans for now."In fact, the household loan balance at savings banks where loan interest is four times higher than regular banks, has recently surpassed a record 20 trillion won. [Soundbite] Jo Yeong-moo(LG Economic Research Institute) : "It's becoming more necessary to prevent those with low repayment ability from quickly acquiring low quality loans based on adjustable rates."There's also some 80 trillion won in outstanding loan taken about by people whose payment abilities are insufficient because of low income or low credit standing. Experts call for measures on better managing household loans as well as ways to increase income.

Tags

KBS News Today
  Email Video to Friends   Receive Emails for Similar Videos

Email:

  Repeat and Loop Video   Link to Video   Create Short URL  Publish Text About This Video   Share on Facebook, Twitter, and more
  See Recommended Videos For You

Related

  CityIndex' Brooks highlights "perfect interest rate hike conditions" in the US   City Index' Brooks highlights "perfect interest rate hike conditions" in the US   4 Closed-End Funds to Feel Safe About   Highlights from the Bank of Canada's interest rate hike announcement   Fed’s Kashkari on voting against latest interest rate hike   Janet Yellen Says Interest Rate Hike 'Relatively Soon'   Watch Live: Federal Reserve on Interest Rates | The New York Times   What to expect from a Fed rate hike   Nightly Business Report - November 4, 2016   What does a Fed rate hike mean for your wallet?   Ep. 111: President Trump and Treasury Secretary Icahn?   What a Fed rate hike means for consumers   Ep 127: Bubbles Popping On Wall Street This New Year's Eve   The Fed Just Raised Interest Rates for the Second Time This Year I Fortune   Impact of Fed interest rate hike   Fed Interest Rate Hike Affects Global Economy   Federal Reserve Interest Rate Hike | Why the Yellen hype simply doesn't matter   Federal Reserve Leans Towards Interest Rate Hike   Bank of Canada announces interest rate hike to 0.75%   General Mills and Rite Aid Report Higher Profits, U.S. Stocks Open Higher   China Sells Treasuries: Dollar in Trouble?   Yellen: Interest Rates Could Still Rise   Using Conservative Option-Selling Strategies to Generate Cash and Protect Against Volatile Markets   Murray Fights for Student Loan Fix   Fed holds interest rates steady, and other MoneyWatch headlines   Bank of Canada announces interest rate hike to %.75   Trump Predicts Crash of 2016   Texas teatime   Fed Chair Janet Yellen Announces Interest Rate Hike   06/14/2017 Panama establishes ties with China & US hikes interest rate   UBS Chairman Weber Sees Two More Fed Hikes in 2017   The Fed raised rates — here's why   US economy: tighter job market, muted inflation pressure   Federal Reserve Hikes Interest Rate   Janet Yellen: I've Met With Secy. Steve Mnuchin Several Times | Power Lunch | CNBC   Video: Air Canada is expanding its premium economy class   US interest rate hike expectation causing ringgit slide, says Najib   Today's Fed Announcement: Central Planning At Its Worst   In Conversation With Taimur Baig And Jahangir Aziz   Interest rates seen rising soon, and other MoneyWatch headlines   PH peso hits new 10-year low of P50.4 to $1   Will the Federal Reserve raise interest rates in June?   Air Canada is expanding its premium economy class   Video: Cheesecake Factory coming to Toronto   Dean Baker: Interest Rate Hike Will Hurt Jobs Growth   Should homeowners try to opt into a locked-in mortgage rate in face of interest rate hike?   Duke rate hike protest   National Grid Proposes Rate Hike   Janet Yellen: Rate Hike Decision Reflects Economic Progress | Power Lunch | CNBC   U.S. Federal Reserve Chair signals interest rate hike   Federal Reserve meets, interest rate hike expected - economy   Financial markets braced for US interest rate hike - economy   Interest rate hike to affect Arizonans' buying power | Cronkite News   What the Fed’s interest rate hike means for the economy   What Fed interest rate hike means for KC   Finance & The Economy: Interest Rate Hike* & The After Effects.   Yellen: Fed will consider interest rate hike - Biz/Tech   US hiring surges in February, bolsters interest rate hike prospects   Federal Reserve divided over timing of next interest rate hike   What an interest rate hike means for markets   Federal Reserve Yellen 'looking forward' to interest rate hike   Scott Minerd discusses interest rate hike by Fed   News Wrap: Yellen signals likely interest rate hike   Federal Reserve not likely to change interest rate hike timetable   News Wrap: Yellen signals another Fed interest rate hike   Wall Street Interest Rate Hike On The Horizon   Markets breathe sigh of relief after Fed interest rate hike   How a Fed interest rate hike could impact you   Job Growth exceeds expectations, Fed interest rate hike likely   🔴 Federal Reserve Has a Fall Guy in Donald Trump   Ep. 110: Yellen Admits Rates Could Stay at Zero Forever   Ep. 105: Will The Fed Rescue The Stock Market?   How a Fed rate hike affects your wallet   🔴 Why the Air Is About to Come Out of Americas Bubble Economy (5/29/17)   🔴 Why the Air Is About to Come Out of Americas Bubble Economy

Popular Today

  The Proud History of the Neo-Zapatistas   Medicare For All March, Lee Camp & More!   Abdullah Abdullah: Can Afghanistan move ahead without US troops? | Talk to Al Jazeera - Al Jazeera English   FBI Exposes Kavanaugh Lies As New Details Surface   Man CONFRONTS Police For Breaking The Law   GANG OF COPS Called ‘The Executioners’ Under Investigation?   FBI Instigated Kidnapping Plot Of Michigan Governor - The Jimmy Dore Show   Biden Ramps Up Drug War As Hunter Walks Free - The Jimmy Dore Show   Karen USES KNIFE To Threaten Black Kids   Matt Gaetz & Marjorie Greene Get Hit By Serious Karma   Justice Democrat Leaves Dem Party For The People's Party - The Jimmy Dore Show   Trump FANS ATTACK Him for STEALING Their MONEY   Slavery reparations, Mexico’s cartel war, a photographer’s field notes | The Stream - Al Jazeera English   Cost of green energy transition must be distributed fairly, says MEP - euronews   Matt Gaetz And Marjorie Taylor Greene Losing Tons Of Money On Their Stupid Tour   Matt Damon Speaks Out About His Frustrations Around COVID-19 Vaccine Hesitancy - THR News   bye bye sir handel   The Majority Report: Jimmy Dore: AOC Will Be Primaried From The Left Via Pelosi(while on Tucker Carlson)   Lithuanian border town protests over number of migrants from Belarus - euronews   Man Loses $30 MILLION Building Trump's Wall   Psaki Claps Back At Doocy: "I Know You LOVE Context"   Fox Host TRIGGERED By Cohost, Defending Her Kids   Hannity Stops Himself After Revealing Too Much   Trump Kids make TOTAL FOOLS of themselves on Fox News   "The US Doesn't Meddle In Foreign Affairs"   An interesting perspective on Kim Jong-Il's regime   Fear him.   👍👍👍   China Threatens to NUKE Japan (Repeatedly)   From ' Soft hinduta ' to secular values and politics: A talk with Pradip Bhattacharya.   Walking around Baghdad in 2021   Biden apologized... 150 years ago...   Did the FBI Actually Plot the Whitmer Kidnapping? | Yes, Says Defense in Newly Revealed Evidence   Special Autonomy in West Papua and Current Affairs   Imagine a World Where Workers Have Power --Robert Reich   These Drivers Could Defeat Uber & Lyft With Their Own App   8 Months of Stimulus Just Unraveled   U.S. Billionaire Wealth Would Fund Government For Just 6 Months   FBI reveals new information on Brett Kavanaugh investigation   Should we Continue Developing Technology? A Mock Primitivist Debate   Picket line at a Compton Smart & Final!   To protect Secularism Nation first next Party : A talk with Pradip Bhattacharya.   Women's Moral March on Washington   Can Economic Divide Be Fixed Without Violent Revolution?   Secularism and Crisis of politics.   US Stocks surge to all-time highs, and our markets vastly outperform the rest of the World. Let’s keep the great American economic renaissance going, with a second Trump term. Here’s the data... #ChalkTalk https://t.co/dOFyCIrqga   Matt Schlapp: I have never seen the types of voter irregularity that we have seen in Clark County   Exposed! New Proof On Why I Am CERTAIN Trump Will Win | Janet Porter   Tlaib endorses REVOLUTIONARY banking legislation   Cop BLAMES SON For Jan 6 Riot Weapons Stash[6m:53s]   View All Today's Popular Videos