U.S. may shift toward tighter monetary policy: financial authorities (opens original article in a new tab)

U.S. Federal Reserve maintained current interest rates but signaled potential for tighter monetary policy as officials anticipate possible rate hikes later this year, with South Korean financial authorities monitoring global market stability.

• U.S. Federal Reserve kept interest rates steady at 3.5-3.75% for the fourth consecutive time
• At least half of FOMC participants expect higher rates later this year according to the dot plot projection
• South Korean financial authorities noted potential for tighter U.S. monetary policy and global market volatility
• South Korea's markets show reduced volatility due to U.S.-Iran peace talks but remain cautious about geopolitical risks