Economics
Bank of Korea Faces Competing Risks as Rate Cut Pressure Grows
Police officers stand in front of the Bank of Korea headquarters building in Seoul, South Korea.
Photographer: Jean Chung/BloombergThis article is for subscribers only.
As global monetary policy shifts direction, the Bank of Korea faces rising risks to economic growth but remains wary of record household debt and potential property bubbles.
Economists surveyed by Bloomberg are split on whether the BOK will take action at its policy meeting Thursday -- 60% see it standing pat. But there is a growing consensus that it will trim rates at least once by the end of the year.