KDI: Rate Hikes Adversely Affect Young People’s Economic Activity

[Economy] : A local think tank says the adverse effect of interest rate hikes on young people has led to reduced spending compared to other age groups. According to a report released on Wednesday by the Korea Development Institute(KDI), people in their 20s and 30s have relatively smaller incomes but higher debt in ...[more...]

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KDI: Rate Hikes Adversely Affect Young People’s Economic Activity
[Economy] :
A local think tank says the adverse effect of interest rate hikes on young people has led to reduced spending compared to other age groups. According to a report released on Wednesday by the Korea Development Institute(KDI), people in their 20s and 30s have relatively smaller incomes but higher debt in ...

[more...]

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