The Bank of Korea (BoK) kept its main policy rate on hold at 2.5% today, as expected. Nevertheless, with inflation set to remain weak and economic growth likely to stay lacklustre, we have pencilled in a rate cut before the end of the year. By contrast, we believe the loosening cycle in most other countries in Emerging Asia has now come to an end.
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