The Korean economy went through some difficult times last year, due to the heightening of uncertainties at home and abroad. Volatility in the international financial markets increased frequently, in line with the worsening of the global trade environment and with the financial instabilities suffered by some EMEs amid the series of policy rate hikes by the US Federal Reserve.
Those in angular brackets show the share of each component. Figures for 2022/Q2 are for April. Source: Haver. Chart 7  Financial Conditions of U.S.