08:40 HKT: BofA Securities Korea Economist Kathleen Oh

The video discusses the economic outlook, focusing on GDP and inflation forecasts, and the potential market implications of changes in these forecasts. It highlights the impact of COVID-19 on consumer sentiment and vaccination progress in Korea, noting potential risks to economic recovery. Additionally, it addresses long-term demographic challenges, such as an aging population, that could affect Korea's economic growth in the future.

What is the expected change in the GDP forecast mentioned in the video?

• A decrease by 50 to 60 basis points

• An increase by 50 to 60 basis points

• No change

• A decrease by 30 basis points

What could a significant change in the CPI inflation forecast indicate?

• A dovish signal to the market

• A hawkish signal to the market

• No impact on the market

• A bearish signal to the market

What percentage of the population in South Korea has completed vaccination according to the video?

• 45%

• 6%

• 2%

• 10%

What is a potential downside risk to South Korea's economic recovery mentioned in the video?

• Increased consumer spending

• High inflation rates

• Rapid GDP growth

• Slow vaccination completion

What long-term demographic issue is highlighted as a risk for South Korea's growth?

• High birth rates

• Aging population

• Increasing immigration

• Youth unemployment