BOK Senior Deputy Governor says central bank should continue raising interest rates after July hike, citing strong growth and persistent inflation
Bank of Korea (BOK) Senior Deputy Governor Ryoo Sang-dai stated on Tuesday that the central bank should keep raising interest rates following its first hike in over three years. He noted that strong growth and persistent inflationary pressures outweigh the recent stabilization in the won and stock market, adding that financial stability risks could increase.
Source:Korea Herald商业 · Source Link
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