seok: indeed, you are right.en going down in the recent weeks and months. including this morning's number. but at the same time, we have to bear in mind that most of the dragging effect is the price effect instead of the volume. if you compare the price and volume, the volume is relatively better, holding up better. so in terms of the growth profile, what matters is the real volume growth. which means that we think the real gdp growth should be faring better than what the experts are implying. kathleen: as we look ahead to friday, a lot of things for the bank of korea to look at as it makes that decision, probably between 25 and 50 basis points, in terms of the rate hike when you look at the balance between where inflation is, if the pressures look like they are continuing to build or decline, if you look with the economy is going, where do you see them going? seok: actually the rate is now near. we are at three and a terminal rate may be 3.543.75. so we have been expecting that the bank of korea's policy hike cy