KM Financial Solutions | BOK must ensure inflation continues to climb before raising policy rates -board member
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BOK must ensure inflation continues to climb before raising policy rates -board member

BOK must ensure inflation continues to climb before raising policy rates -board member

South Korea’s central bank needs
to ensure that inflation moves towards its target level before
raising policy interest rates, a Bank of Korea (BOK) board
member said, putting a dampener on expectations for further
monetary tightening in the coming months.

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