韩国央行：若美股出现类似互联网泡沫破裂时下跌，美国消费支出将减少1.7%

Core Viewpoint - The Bank of Korea warns that a significant drop in the U.S. stock market, similar to the internet bubble burst, could lead to a sharp decrease in U.S. consumer spending, which would severely impact the South Korean economy [1][2]. Group 1: Impact of U.S. Stock Market on Consumer Spending - A 10% decline in the U.S. stock market is projected to reduce the annual consumption growth rate by approximately 0.3 percentage points [1][2]. - In the event of a drastic economic downturn akin to the internet bubble burst (approximately a 30% drop), consumption growth could decline by as much as 1.7 percentage points [1][2]. Group 2: Factors Affecting U.S. Consumer Purchasing Power - U.S. household purchasing power is influenced by factors such as inflation and labor market conditions, with consumption increasingly reliant on volatile stock prices and high-income households' spending behavior [1][2]. - The Bank of Korea anticipates that U.S. household purchasing power will continue to grow at a moderate pace, but significant downside risks related to employment and inflation remain [1][2]. Group 3: Income and Asset Disparity - The widening income and asset gap within U.S. households may increase their vulnerability to economic shocks [2][3]. - The South Korean economy is significantly affected by U.S. investments in artificial intelligence and household consumption demand, necessitating close monitoring of these risk factors [2][3].