BoK: Growth This Year And Next Expected Considerably Above August Forecasts Of 3.3% And 2.9%
Thursday s Rate Decision Was Unanimous - Will Decide Timing And Pace Of Further Rate Increases While Assessing Inflation, Domestic Economy And Financial Stability - Must Assess Domestic And External Risks And Effects Of Two Prior Rate Hikes - Inflation Expected To Remain Above Target For Considerable Time - Must Continue Monitoring Housing Market And Household Debt Imbalance Risks - Stock Price Volatility Increased On Concerns Over Slowing AI Investment - Stock Prices Fell Sharply On Concerns Over Slowing Semiconductor Sector Profitability - Exports And Investment Expected To Sustain High Growth
Thursday s Rate Decision Was Unanimous - Will Decide Timing And Pace Of Further Rate Increases While Assessing Inflation, Domestic Economy And Financial Stability - Must Assess Domestic And External Risks And Effects Of Two Prior Rate Hikes - Inflation Expected To Remain Above Target For Considerable Time - Must Continue Monitoring Housing Market And Household Debt Imbalance Risks - Stock Price Volatility Increased On Concerns Over Slowing AI Investment - Stock Prices Fell Sharply On Concerns Over Slowing Semiconductor Sector Profitability - Exports And Investment Expected To Sustain High Growth