Bank of Korea on hold, for now

The Bank of Korea (BoK) today unsurprisingly kept its policy rate on hold at 1.50% for its second straight meeting, and the accompanying statement and governor’s press conference suggest the central bank will proceed cautiously with policy tightening. We continue to expect only one 25bp hike this year.

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.