South Korea's state-run think tank has indicated a need to loosen monetary policy as the country faces economic challenges. The Financial Services Commission (FSC) is set to complete a review of the country's commercial code by the end of the year. Despite headwinds, foreign trade is expected to see steady growth. However, the FSC head, Kim, has warned of persistent market volatility in the near future and has urged officials to enhance market monitoring. Additionally, the country has revised its economic and inflation forecasts amid slow export growth, with concerns that a potential return of former U.S. President Trump could worsen the global trade environment, posing downside risks to South Korea's trade dynamics.