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OV Loop, Inc Acquires Cultos io to Enhance Its Super-App and Omnichannel Commerce Experiences For Buyers, Sellers, and Brands

OV Loop, Inc Acquires Cultos io to Enhance Its Super-App and Omnichannel Commerce Experiences For Buyers, Sellers, and Brands
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BOK to keep policy rate unchanged until Q3 despite easing inflation - Reuters poll

BENGALURU : The Bank of Korea will keep its key policy rate on hold for a ninth consecutive meeting on Feb. 22, according to all economists polled by Reuters, who stuck to their long-held view the first rate cut would come in the third quarter.Despite inflation declining to a six-month low in January, mos

South koreaRhee chang yongStandard chartered bank koreaJeong woo parkChong hoon parkStandard chartered bank

BOK to keep policy rate unchanged until Q3 despite easing inflation- Reuters poll

The Bank of Korea will keep its key policy rate on hold for a ninth consecutive meeting on Feb. 22, according to all economists polled by Reuters, who stuck to their long-held view the first rate.

Soult ukpyolsiSouth koreaTomasz janowskiDevayani sathyanAnant chandakRhee chang yongJihoon leeVeronica khongwirHari kishanStandard chartered bank koreaJeong woo parkChong hoon parkStandard chartered bankJonathan cable

BOK to keep policy rate unchanged until Q3 despite easing inflation

The Bank of Korea will keep its key policy rate on hold for a ninth consecutive meeting on Feb. 22, according to all economists polled by Reuters, who stuck to their long-held view the first rate cut would come in the third quarter. Despite inflation declining to a six-month low in January, most Bank of Korea board members see the need for monetary policy to stay restrictive for some time to bring it down to the bank's 2.0% target. Although BOK Governor Rhee Chang-yong said any premature rate cuts could reignite inflation expectations, a cumulative 300 basis points of hikes between August 2021 and January 2023 could pose a significant threat to highly indebted households.

South koreaSoult ukpyolsiRhee chang yongAnant chandakTomasz janowskiVeronica khongwirHari kishanJihoon leeDevayani sathyanStandard chartered bank koreaJeong woo parkChong hoon parkStandard chartered bankJonathan cableBank of koreaMonetary policy

Strong Dollar Keeps Rate Hikes on Table for Asian Central Banks

Strong Dollar Keeps Rate Hikes on Table for Asian Central Banks
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Republic ofUnited statesSouth koreaRepublic of chinaTaiwan generalRhee chang yongRadhika raoFrederic neumannEli remolonaBangko sentralMichele bullockAnisah shukryLavanya venkateswaranChinese banking corp ltdFederal reserveBank indonesia