South Korea: BoK expected to keep rates on hold this week – UOB By pabspiovano SouthKorea InterestRate CentralBanks Banks
Economist at UOB Group Lee Sue Ann suggests the Bank of Korea would keep the policy rate intact at its meeting later this week.“Although concerns over financial imbalances have slightly abated, the higher commodity and food prices which may be further exacerbated by supply disruption has underpinned expectations that the BoK will resume its rate normalisation in Apr/May.”
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