According to the news from the Coinnet, South Korea's central bank governor, Lee Chang-yong, rejected the idea of ​​boosting consumption by accelerating interest rate cuts, and reiterated that he believed the central bank was cautious in setting the pace of easing since its much-anticipated shift last week. Lee Chang-yong told lawmakers during an audit of the central bank in Congress on Monday that interest rate cuts were not a panacea, and that there were other structural obstacles that put pressure on spending, but did not specify which unfavorable factors they were. (Sina Finance)