Bank of Korea likely to cut again

The Bank of Korea (BoK) unexpectedly held its policy rate at 3% today. Nevertheless, we still believe that global growth will continue to disappoint and that more policy stimulus will be needed to support Korea’s economy. The upshot is that we have pencilled in two 25bp cuts to come.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.