South Korea: BoK seen on hold next week – UOB
The Bank of Korea (BoK) is expected to pause its hiking cycle at the October meeting, and instead delivering another hike in November.
Key Takeaways
“We expect the BoK to pause in October before delivering another 25bps rate hike in November (the last meeting for 2021).”
“High growth in household loans and property prices will keep the BoK’s focus on prevention of financial imbalances as long as the economy stays on the path of recovery.”
Reprinted from FXStreet_id,the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.