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[Yoo Choon-sik] Weak household income despite solid labor market

South Korea’s labor market remains strong even as the country’s economy went through one of the toughest years in history during 2023, according to official figures. It is fortunate, given that weak exports and depressed domestic demand have combined to bring gross domestic product growth down to the lowest in modern history last year except for crisis years. On a four-quarter moving average basis, the co. ....

South Korea , South Korean , Rhee Chang Yong , Statistics Korea , Finance Ministry ,

South Korea holds interest rates steady, as widely expected

South Korea s central bank
extended its interest rate pause for an 11th straight meeting on
Thursday as the economy showed no signs of slowing while
inflation has begun abating only gradually.
.
-May 22, 2024 at 08:50 pm EDT
- MarketScreener ....

Soult Ukpyolsi , South Korea , Shri Navaratnam , Rhee Chang Yong , Cynthia Kim Editing ,

South Korea extends rate pause, raises growth outlook

South Korea s central bank
kept its benchmark policy rate steady for an 11th straight
meeting on Thursday as the economy showed no signs of slowing
while inflation has begun abating only gradually.
.
-May 22, 2024 at 09:02 pm EDT
- MarketScreener ....

South Korea , Soult Ukpyolsi , Rhee Chang Yong , Shri Navaratnam , Federal Reserve , Cynthia Kim Editing ,

South Korea Extends Rate Pause, Raises Growth Outlook

South Korea Extends Rate Pause, Raises Growth Outlook
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.

South Korea , Soult Ukpyolsi , Cynthia Kim , Jihoon Lee , Shri Navaratnam , Rhee Chang Yong , Federal Reserve ,

(LEAD) BOK extends rate freeze amid inflation woes, ups 2024 growth estimate

(ATTN: CHANGES headline; ADDS more details in paras 5, 11-12) SEOUL, May 23 (Yonhap) . ....

Pusan Gwangyoksi , South Korea , Soult Ukpyolsi , United States , Rhee Chang Yong , Federal Reserve , Monetary Policy Committee ,