Bank of Korea holds policy rate at 2.5%, as expected.
News brief
Inflation and growth risks eyed. Ie. stagflation risk! Bank of Korea, the South Korean central bank, kept its policy interest rate steady at 2.5%, as expected.Eyeing fuel and domestic inflation, growth risks. Governor Rhee Chang-yong will hold a press conference at 0210 GMT. This article was written by Eamonn Sheridan at investinglive.com.
Why traders care
For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment.
What to watch next
- Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
Inflation and growth risks eyed. Ie. stagflation risk! Bank of Korea, the South Korean central bank, kept its policy interest rate steady at 2.5%, as expected.Eyeing fuel and domestic inflation, growth risks. Governor Rhee Chang-yong will hold a press conference at 0210 GMT. This article was written by Eamonn Sheridan at investinglive.com. Bank of Korea, the South Korean central bank, kept its policy interest rate steady at 2.5%, as expected. . Eyeing fuel and domestic inflation, growth risks. Bank of Korea, the South Korean central bank, kept its policy interest rate steady at 2.5%, as expected. Eyeing fuel and domestic inflation, growth risks. Governor Rhee Chang-yong will hold a press conference at 0210 GMT. For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
