Economics
Bank of Korea Seen Holding at Lee’s Last Meeting: Decision Guide
- BOK seen pausing to assess impact of three hikes since August
- Price forecasts to give clues about path under Lee’s successor
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The Bank of Korea is seen standing pat on rates at Governor Lee Ju-yeol’s last policy meeting Thursday, while delivering new inflation forecasts that will offer clues about the likely speed of the bank’s tightening ahead.
All 17 economists surveyed by Bloomberg expect the BOK to hold its seven-day repurchase rate at 1.25%, as it pauses to assess the impact of three hikes since August.