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Bank of Korea Gov Rhee says disinflation expected to continue

South Korea’s central bank Governor Rhee Chang-yong spoke in a parliamentary session:

said the Bank will consider
trade-offs among the recent disinflation trend,
growth and financial
stability for future monetary policy

I’m not sure what ‘trade-offs’ he is referring to.


disinflation was expected to continue
after recent
positive signsnoted a pick-up in household
debt growthnoted also heightened volatility in foreign exchange

The Bank of
Korea is expected to keep its policy rate on
hold at a 15-year
high of 3.50% on Thursday and through the
third quarter of
2024, before a 25-basis-point cut in the final

This article was written by Eamonn Sheridan at www.forexlive.com.

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