According to Jinshi, former senior vice president of the Bank of Korea Lee Seung-heon said that the Bank of Korea may not cut interest rates this year because the fight against inflation is far from over. This is in contrast to the market consensus that interest rates will be cut twice in the second half of the year. He believes that even in the second half of the year, it will not be easy to cut interest rates. Because the economy has not declined significantly, there is no need to rush to cut interest rates just because the growth momentum is not so strong. He said that policymakers will have to wait until at least June before sending any signals to the market about possible interest rate cuts. Rising global oil prices may significantly increase price pressures, and the strength of domestic consumption needs further observation. The latest data shows that overall inflation remains high. He predicts that by June, some clarity on the economic trend will be seen, but economic data may give officials more reasons to postpone interest rate cuts.