BOK to Stand Pat This Quarter, Cut 50 Bps in the Second Half usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
The Bank of Korea will keep its key policy rate unchanged for a 10th straight meeting on Friday but was expected to embark on a shallow cutting cycle next quarter as inflation remains elevated, a. -April 08, 2024 at 08:41 pm EDT
- MarketScreener
South Korea's central bank will raise interest rates on Thursday and carry a tightening cycle into next year as it tries to curb rising inflation and soaring home prices that have households piling on ever more debt, a Reuters poll found.