On the 19th, Acting Prime Minister and Minister of Education Lee Ju-ho commented regarding the international credit rating agency's downgrade of the United States' national credit rating, saying, "As external uncertainties remain, please monitor and respond to the financial and foreign exchange market situations closely."
The acting prime minister made these remarks during a breakfast meeting with Bank of Korea Governor Lee Chang-yong and Financial Services Commission Chairman Kim Byeong-hwan.
According to the Ministry of Education, the acting prime minister highly praised the efforts of the Bank of Korea and the Financial Services Commission in stabilizing the financial market despite challenging domestic and external conditions during the meeting.
He noted that external uncertainties remain due to the ongoing tariff negotiations between major countries and the United States, as well as trends in the U.S. economy following the downgrade of its national credit rating by Moody's, and requested to closely monitor and respond to the financial and foreign exchange market situations.