Bank of Korea (BoK)
Virus outbreak prompts Bank of Korea rate cut
Deadly Mers virus a key factor behind central bank’s decision to ease policy as economic recovery shows signs of faltering
IMF deputy warns ‘leakages’ could undermine macro-prudential policy
Mitsuhiro Furusawa says macro-prudential tools could force financial activities into a less regulated sector or country, but adds little is known about benefits of ‘leaning against the wind’
Bank of Korea paper investigates link between liquidity and commodity prices
Researchers find certain commodity prices became more sensitive to global liquidity following the 2008 financial crisis
Korea’s record rates have further to fall, says economist
Rate cuts still look to be on the horizon despite the Bank of Korea holding steady at record lows today, says economist; government also likely to have to provide further stimulus
Bank of Korea torn between debt and demand
The central bank in Asia's fourth biggest economy is grappling with how to set policy when the country carries a private debt burden that could increase in size no matter the strategy
Won at 20-month low following record BoK rate cut
Korean central bank cuts benchmark interest rate to 1.75%, an all-time low, amid slowing growth and inflation; euro weakness 'a consideration' posits analyst
Bank of Korea paper examines global liquidity drivers
Researchers at central bank explore transmission of global liquidity shocks from advanced to emerging market economies; warns there is no ‘silver bullet’ response
Bank of Korea governor sees imbalances worsening
Juyeol Lee warns a ‘fundamental rebalancing’ may be the only way to achieve longer-term growth; external imbalances may also deteriorate
No evidence US prices were ‘more stable or less uncertain' before or after WWII
Experience shows ‘well-managed fiat regime' can achieve same level of moderation in price swings as gold standard, according to Bank of Korea working paper
Dollar and renminbi can coexist as global currencies, Eichengreen says
Bank of Korea paper finds that ‘networks are open and several international currencies can coexist’, suggesting the dollar and the renminbi will share the role in the future
Bank of Korea turns focus to stability threats after rate cut
Bank of Korea cuts rates to historic low, but shift in language indicates growing concerns over financial stability
Korea needs more women and young people in work, paper finds
Labour market ‘duality' and low youth and female employment are holding back growth, according to paper written by Bank of Korea and IMF economists
Bank of Korea cuts interest rate to lowest level since 2010
Decision prompted by ‘much worse' business sentiment than expected, governor says; analysts expect limited boost to GDP as economic slowdown is ‘structural in nature'
Bank of Korea brings back Jang as new governor Lee's number two
Jang Byung Wha returns to the Bank of Korea as senior deputy governor; latest in series of organisational changes that has brought a new head of reserves and MPC member
New Zealand hikes OCR again; Indonesia and South Korea hold firm
Reserve Bank of New Zealand raises its key rate for the third time in 2014; Bank Indonesia and Bank of Korea hold policy despite above- and below-target inflation respectively
Bank of Korea slowly tackling gender imbalance
Number of female hires at Korean central bank grew steadily throughout former governor Kim Choong Soo’s tenure; first female deputy governor appointed in July 2013
Bank of Korea predicts sharp inflation increase
South Korea’s central bank expects annual inflation to climb above 2.5% in the fourth quarter, suggesting the MPC will turn its attention to rate increases later this year
People: BoK appoints new reserves chief; Fed staffer returns to head up Riksbank research
Chae Sun-Byoung new head of reserve management at Bank of Korea; Jesper Lindé returns to head up Riksbank's research department; Linette Field put in charge of SSM deputy directorate
Bank of Korea expresses macroprudential concerns
Bank of Korea says the financial system is ‘generally’ stable, but the corporate sector is struggling with static profitability and household debt is rising under some measures
Korean research analyses transmission of exchange rate movements to domestic prices
Korean working paper finds imported inputs play ‘major role’ in transmitting exchange rate fluctuations to the domestic price level
New governor aims to restore trust in Bank of Korea
Juyeol Lee will seek a ‘rebirth' of the Bank of Korea as a central bank that is ‘trusted by the Korean people'
Foreign banks acted as 'buffer' on Korean monetary policy during the crisis
Bank of Korea working paper examines the impact of foreign banks on the central bank’s monetary policy transmission mechanism during the recent crisis
Korea and Indonesia agree $10 billion swap line
Kim Choong-soo and Agus Martowardojo sign an agreement that will allow their central banks to exchange up to $10 billion worth of local currencies
Former deputy nominated as Bank of Korea governor
South Korean president nominates Lee Ju-yeol as Kim Choong-soo’s successor; Lee spent 35 years at the central bank in his first stint including three years as a deputy