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BOK to hold base rate on Jan 11 and not cut until Q3

The Bank of Korea will keep its key policy rate unchanged at 3.50% for an eighth consecutive meeting on Thursday as inflation eases and until at least Q3 despite some concerns around financial...

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Bank of Korea to hold base rate on Jan 11 and not cut until Q3

Bank of Korea to hold base rate on Jan 11 and not cut until Q3
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Economists see BOK keeping rates

Economists see BOK keeping rates
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Korean economy falters amid trade deficit, negative external conditions

The Korean economy, which has just emerged from the impact of the COVID-19 pandemic, is facing another rough patch. Faltering key economic indices and lackluster corporate earnings, as well as unfavorable external conditions suggest that the Korean economy could deteriorate further, requiring a considerable amount of time to regain momentum.

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