The Bank of Korea (BoK) left its policy rate at 2.0% today, as expected. The economy is picking up strongly and inflation pressures are rising. However, BoK Governor Kim is sympathetic to the government view that monetary tightening can be delayed. We still expect a first move in Q3.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services