Bank of Korea Holds Rates, Citing Stronger Recovery and Housing Bubble Risk
Bank of Korea Holds Rates, Citing Stronger Recovery and Housing Bubble Risk 3SEOUL (Reuters) – South Korea’s central bank kept its benchmark rate steady and struck an upbeat tone, citing signs of an improving trade environment and a resilient domestic backdrop that suggested policymakers are in no rush to lower borrowing costs again. Annual inflation hit a record-low last year but analysts are split on whether there …
News story posted on 2020-01-17T05:39:00.0000000Z