Overview

• Koo Yun-cheol outlined three policy pillars that prioritize cyclical support, livelihood recovery and consumer price stability.
• A comprehensive package to support households during the Chuseok holiday will be announced soon to ease essential costs.
• Consumer inflation slowed to 1.7% in August year-on-year, with officials cautioning that one-off factors such as mobile fee declines drove much of the moderation.
• The government will shift budget-planning authority to a new fiscal agency under the prime minister, and Koo pledged smooth coordination despite the overhaul.
• Working-level talks with the U.S. Treasury on exchange-rate issues are under way, with any announcement expected to align with separate tariff discussions.