BOK Likely to Move in November, Says Credit Agricole's Kowalczyk

The video discusses potential interest rate changes, analyzing economic conditions, trade issues, and the impact on household debt. It highlights the need for cautious policy decisions to manage financial risks, considering low inflation and economic uncertainties.

What is the current state of the labor market as mentioned in the text?

Why is it considered prudent to tighten monetary policy despite high household debt?