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April 7, 2022 [Hong Sa-hoon's Economic Show] KBS 1Radio FM 97.3MHz Mon-Fri 16:05-16:54 Guest: Ahn Yu-hwa Professor, Sungkyunkwan University Graduate School of Chinese Studies The minutes of the Federal Reserve Board of Governors meeting were released early this morning. If I were to sum up the minutes in one word, it would be 'the party is completely over now.' First of all, the current situation is not one in which interest rates can be raised leisurely and leisurely. The majority of the opinions were that they should be raised sharply. It's not just about raising interest rates. The Federal Reserve has been releasing money into the market by purchasing government bonds, right? The government bonds it has purchased so far amount to 9 trillion dollars, and it is going to sell them again to recover the money released into the market. It is very likely that they will start by raising interest rates next month. They are going to use all possible means as quickly as possible to suppress inflation, but the intensity is much stronger than the market had expected. It has come. The US's high-intensity austerity will certainly pose a very big risk to our economy. 'Surely, what could happen? What will happen?' Such thoughts bring about financial crisis and economic crisis. #Ahn Yu-hwa #Hong Sa-hoon #Hong Sa-hoon's Economic Show