Image

South Korea’s central financial institution meets this week – anticipated to carry rates of interest unchanged

Financial institution of Korea will meet on Thursday January 11.

It is the primary main Asian economic system central financial institution to fulfill within the new 12 months.

HSBC expect the ‘on maintain’ at 3.25% resolution to be unanimous

  • and the Board to retain the wording ‘maintain a restrictive policy stance for a sufficiently long period of time’ in its ahead steerage
  • BOK may change its tone which may trace at a attainable easing within the close to time period
  • HSBC do warn although that “inflation is likely still too high for a near-term start of easing.”

This text was written by Eamonn Sheridan at www.forexlive.com.

SHARE THIS POST