BOK Governor discounts deflation risk

Bank of Korea (BOK) Governor Park Seung said on Thursday 22 May that there is little possibility of deflation at this point with the current heated real estate market.

Source: Korea Times

The economy is not exposed to deflation risks, a decline in the prices of goods and services with slowing growth, Bank of Korea (BOK) Governor Park Seung said yesterday.

In a meeting with reporters, Park stressed that given the current price levels and heated real estate market, there is little possibility of d

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