That's because the South Korean economy grew at its fastest pace in five years in the third quarter of 2015, boosted by higher domestic demand after a
big government stimulus program.
I think that if interest rates begin to rise too soon, officials will believe that «Abenomics», the
current government stimulus program, has not had time to work yet, so they will be convinced to push forward with a second round of yen printing.
With the tapering of
the government stimulus program and positive economic data like the shrinking of the unemployment rate, interest rates in the US are expected to go up.
Most economists and governments expect Chinese growth momentum to continue this year, buoyed by what remains of a $ 586 billion
government stimulus program that began last year, meant to lift exports and consumption among Chinese consumers.