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Author Topic: BOK Chief Cautiously Hints at Further Rate Cuts, Pace Determined by Financial Stability  (Read 4 times)

Tinien

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BOK Chief Cautiously Hints at Further Rate Cuts, Pace Determined by Financial Stability
« on: October 14, 2024, 02:11:11 AM »
BOK Chief Cautiously Hints at Further Rate Cuts, Pace Determined by Financial Stability

[Economy] :
Bank of Korea(BOK) Governor Rhee Chang-yong said there is more room to consider additional interest rate cuts, after the central bank's monetary policy board lowered the rate by zero-point-25 percentage point.

Speaking to reporters on Friday, Rhee hinted at the possibility of an additional rate cut, ...

[more...]

Source: BOK Chief Cautiously Hints at Further Rate Cuts, Pace Determined by Financial Stability
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