Bank of Korea minutes highlight inflation fears


The Bank of Korea left its base rate unchanged at 3.25% on April 27 due to concerns about inflationary pressures, according to minutes of the financial council meeting released on May 3. The central bank stated that with growth remaining "sound" achieving the mid-point of its inflation target remained a priority.

Despite consumer price inflation falling to 2.6% in March, this decline was aided by direct government subsidies for childcare costs. The Bank of Korea remains concerned about

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: