Money Gets More Expensive: Japan Follows US in Raising Benchmark Interest Rates

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■ Broadcast: SBS <News Hunters> Mon–Fri ( 18:50–19:50)
■ Anchors: Kim Jong-won, Yoon Tae-jin
■ Guests: Park Sang-jun (Professor, Graduate School of Asia-Pacific Studies, Waseda University), Lee Choon-kwang (CEO, Regnum Investment Advisory)
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Following the United States, Japan's central bank raised its benchmark interest rate today (September 18). South Korea also previously raised its benchmark interest rate for two consecutive times. As the entire world enters an era of monetary tightening, the "price of money" is getting more expensive. Individuals, corporations, and governments that have borrowed money are all facing heavier burdens. What should we do to protect and grow our money during a period of rising interest rates?

※ Detailed information can be found in the video.
※ Please note: This article was translated by AI and may contain errors.