• BoK statement: Policy decision is surrounded with uncertainty

Noticias del mercado

23 febrero 2023

BoK statement: Policy decision is surrounded with uncertainty

South Korea's central bank kept interest rates unchanged on Thursday, matching market expectations and ending an uninterrupted run of hikes for a year.

The Bank of Korea's monetary policy board held its policy interest rate steady at 3.50%, in line with a unanimous call by the 42 economists in a Reuters poll.

Governor Rhee Chang-Yong is making statements as follows:

Economic growth to improve gradually from H2.
    
Inflation to gradually decrease.
    
Housing prices continued to decline across country.
    
Uncertainties surrounding policy decision are high.
    
Deems it warranted to keep restrictive policy stance for considerable time.

 

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: