The Bank of Korea (BoK) has become increasingly worried about the growth outlook, but lingering inflation concerns are dissuading the central bank from loosening policy. We believe that inflation is likely to fall faster than the BoK currently expects, which should pave the way for rate cuts by mid-2012.
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