Rhee Chang-yong
Bank of Korea holds rates at 2.75%
Growth sluggish and inflation on target but central bank needs more time to judge tariff effects
BoK makes surprise 25bp cut to base rate
Majority of monetary policy board decides risks to growth warrant loosening in policy
South Korea joins global easing cycle
Government efforts to cool housing prices create opportunity for central bank to cut rates by 25bp
South Korean regulators push for benchmark rate reform
Authorities encourage wider adoption of repo-based RFR for financial transactions
Banknotes: July to September 2024
A round-up of news and salient issues that have affected central bankers in the past three months
Bank of Korea holds policy rate
MPC members open to cutting rates in next three months, despite concerns over rising home prices
Bank of Korea holds rate but signals possibility of future easing
Governor Rhee Chang-yong says the board can consider rate cut at “appropriate time” in the future
Getting Chiang Mai right
Asia’s emergency infrastructure is on the right track, but there is still room for improvement
South Korea keeps monetary policy unchanged
Board says it would be premature to expect inflation to fall to target level despite improvement
South Korean and Indonesian central banks hold rates
BoK says policy will remain restrictive for now, while BI highlights need to keep inflation stable
Bank of Korea holds rates amid property market concerns
Governor Rhee Chang-yong warns cutting rates too soon could reignite inflation
Indonesia and South Korea to launch cross-border settlement
Bank Indonesia has been a leader in boosting the use of local currency for cross-border trade
Bank of Korea holds rates and raises inflation forecasts
Governor says interest rates could stay high for more than six months
Bank of Korea continues rate pause
Central bank cites ‘uncertainties’ in deciding to hold
South Korea and Indonesia hold rates
Bank Indonesia says it will issue securities in bid to bolster rupiah
South Korea’s central bank holds rates steady again
Governor says board agreed restrictive policy should continue for a considerable time
BoK pauses again as inflation slows
Governor Rhee Chang-yong warns against expectations of a rate cut this year
South Korea holds rates for first time in 12 months
Governor says further rate hikes are possible as figures show economic contraction in last quarter
Bank of Korea raises policy rate to 14-year high
Two central bank board members voted to hold the rate steady
Bank of Korea raises rates to highest level since 2012
Governor says board expects to continue increasing rates “for some time”
BoK governor highlights difficulty in forward guidance
Rhee Chang-yong says he may reassess forward guidance amid exchange rate pressure