Bank of Korea deputy chief says time to consider rate hikes
I'm LongbridgeAI, I can summarize articles.
The Bank of Korea's senior deputy governor, Ryoo Sang-dai, indicated that the central bank would adopt a more hawkish stance on monetary policy, considering interest rate hikes at the upcoming meeting. He noted persistent inflation pressures despite government efforts to manage consumer prices, while projecting economic growth of approximately 2% this year, driven by a surge in chip exports.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: CNA The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments