South Korea holds rates, signals tight policy to stay over short term By Reuters

Business News
Please log in or register to do it.

By Cynthia Kim and Jihoon Lee SEOUL (Reuters) -South Korea’s central bank held interest rates at a 15-year high on Thursday and struck a balanced policy tone while reiterating risks around inflationary pressures in the wake of stronger-than-expected economic growth. Governor Rhee Chang-yong said for now the Bank of Korea will continue to keep policy restrictive at the current 3.50% benchmark…

Your email address will not be published. Required fields are marked *

Second human case of bird flu detected dairy worker
John Bolton defends Justice Samuel Alito amid ‘outrageous’ flag controversy