South Korea’s central bank held interest rates steady at its just concluded meet today.
- at 2.5%
- as expected
- Bank of Korea concerned about financial stability risks stemming from rising household debt and economic pressure from U.S. tariffs
The Bank of Korea’s has a seven-member monetary policy board
Governor Rhee Chang-yong will hold a press conference at 0210 GMT / 2210 US Eastern time.
This article was written by Eamonn Sheridan at www.forexlive.com.
