New Year Speech  January 2, 2020  Juyeol Lee ㅌㅌ  Governor ㅌㅌ  Bank of Korea  (This is an unofficial translation prepared by the Bank’s staffs based on original speech released on December 31, 2019.) Dear fellow members of the Bank of Korea! Today we start our first tasks of 2020, filled with new hope and resolve.
By committing itself to closely monitor and to respond, if needed, to developments in monetary and credit aggregates, the ECB has probably made a step towards addressing this issue.