Bank of Korea set for an extended pause

The Bank of Korea (BoK) left interest rates unchanged today at 1.75%, but sounded a little more worried than previously about the outlook for the economy. We are sticking with our view that interest rates will remain on hold for this year, but the risks are now skewed towards rate cuts.

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.