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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 Korea , Rhee Chang Yong , Standard Chartered Bank Korea , Jeong Woo Park , Chong Hoon Park , Standard 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 Ukpyolsi , South Korea , Tomasz Janowski , Devayani Sathyan , Anant Chandak , Rhee Chang Yong , Jihoon Lee , Veronica Khongwir , Hari Kishan , Standard Chartered Bank Korea , Jeong Woo Park , Chong Hoon Park , Standard Chartered Bank , Jonathan 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 Korea , Soult Ukpyolsi , Rhee Chang Yong , Anant Chandak , Tomasz Janowski , Veronica Khongwir , Hari Kishan , Jihoon Lee , Devayani Sathyan , Standard Chartered Bank Korea , Jeong Woo Park , Chong Hoon Park , Standard Chartered Bank , Jonathan Cable , Bank Of Korea , Monetary Policy , Inflation Expectations , Jeong Woo Park , Rate Cuts ,

Dollar dips ahead of US inflation data, central bank meetings

SINGAPORE : The dollar edged broadly lower on Tuesday but traded in a narrow range, as investors remained cautious ahead of key U.S. inflation data due later in the day just as the Federal Reserve kicks off its two-day monetary policy meeting.The U.S. Labor Department's CPI report is expected to show that ....

New Zealand , South Korea , Joseph Capurso , Jane Foley , Us Labor Department , European Central Bank , Standard Chartered Bank Korea , Commonwealth Bank , Federal Reserve , Chong Hoon Park , Standard Chartered Bank ,