Bank of Korea Gov Rhee says disinflation expected to continue ...Middle East

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Bank of Korea Gov Rhee says disinflation expected to continue
South Korea's central bank Governor Rhee Chang-yong spoke in a parliamentary session:said the Bank will consider trade-offs among the recent disinflation trend, growth and financial stability for future monetary policy operationsI'm not sure what 'trade-offs' he is referring to. More:disinflation was expected to continue after recent positive signsnoted a pick-up in household debt growthnoted also heightened volatility in foreign exchange markets The Bank of Korea is expected to keep its policy rate on hold at a 15-year high of 3.50% on Thursday and through the third quarter of 2024, before a 25-basis-point cut in the final quarter. This article was written by Eamonn She

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