For those who don't really know why interest rates keep coming up these days, here's a quick summary.
The base rate is, in a word, the 'price of money.' When rates fall, borrowing gets cheaper, and as that money flows into the market, all sorts of things change in cascade.
1. Deposit/savings rates fall
2. Mortgage interest burden decreases -> housing transaction volume increases
3. Dollar weakens -> won appreciates, export earnings worsen
4. Bond prices rise -> banks/insurers' mark-to-market P&L improves
5. Capital moves toward growth stocks (tech)
The key thing to remember is that rate cuts aren't reflected 'all at once' — expectations are priced in first, then the actual impact follows. That's why the market has already started moving, and often reverses the moment the announcement is made.
From a retail investor's perspective, I'd recommend building scenarios around sectors with high interest-rate sensitivity (financials, real estate, growth stocks).