South Korea holds policy as expected
Economists expect decision to mark end of easing cycle
South Korea’s central bank has held its policy rate at 2.5%, in a move economists believe marks the end of the country’s easing cycle.
The Bank of Korea said in a statement today (November 27) that its policy board considered the rate to be appropriate, given the inflation outlook and ongoing uncertainty regarding future growth. “Along with inflation having risen somewhat, the economy continues to improve, driven by consumption and exports, while uncertainty in the growth outlook continues, and
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