Economics

IMF’s Rhee Seen Continuing Normalization as Lee Departs BOK

Rhee flagged prices, household debt among Korea’s challenges
Lee warns war in Ukraine will weigh considerably on recovery

Changyong Rhee, director for Asia Pacific at the International Monetary Fund, looks at how Federal Reserve policy and rising inflation affect Asian central banks and economies. He also says the IMF has received a request for assistance from Sri Lanka. He speaks with David Ingles and Yvonne Man on “BloombergMarkets: China Open.”

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By Sam Kim (News)

March 23, 2022 at 3:41 AM UTC

Updated on

March 23, 2022 at 9:10 AM UTC

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Changyong Rhee, Asia-Pacific director for the International Monetary Fund, has been lined up to replace Lee Ju-yeol at the helm of the Bank of Korea, a choice that economists say will favor a continuation of policy normalization.