Issue Managing currency, housing, household debt and credit union risks during the 2026 upturn

Summary

The strategy expects the recovery to broaden in 2026 but warns that uncertainty in the foreign exchange and property markets persists. It also flags latent risks from household debt and from MG community credit cooperatives. Supporting indicators include a weaker won at the end of 2025, continued rises in Seoul apartment prices, steady monthly growth in household lending and higher credit union arrears. The strategy further identifies possible volatility around major events such as the change of Federal Reserve chair and the US midterm elections. Keeping these vulnerabilities contained while domestic demand strengthens is a central macroeconomic management question for the government in 2026.