BOK must ensure inflation continues to climb before raising policy rates -board member
11 Sep BOK must ensure inflation continues to climb before raising policy rates -board member
Posted at 06:00h
in
News
by KMFSLLP
South Korea’s central bank needs
to ensure that inflation moves towards its target level before
raising policy interest rates, a Bank of Korea (BOK) board
member said, putting a dampener on expectations for further
monetary tightening in the coming months.
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