BoK to carry out a rate cut within the year – ING SouthKorea Inflation InterestRate Banks
“The BoK’s ‘hold’ decision was widely expected. But one dissenting vote, Governor Rhee Chang-yong's hawkish comments, and growing uncertainty over inflation have hinted that the BoK will leave the door open for further rate hikes for now.”
“We believe that the BoK may enter an easing cycle in the fourth quarter as inflation is expected to fall to the 2% range.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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