The Fed's aggressive approach has put Korea under duress.

The Korean won has dropped against the dollar after Powell's comments signaled the likelihood of future rate hikes. Signals of future rate hikes from the US Federal Reserve have weighed on the Korean economy, raising concerns about a widening gap between the key rates of the two nations, which could lead to capital outflow and increased market volatility. On Tuesday, US Federal Reserve Chair Jerome Powell hinted that the upcoming Federal O....