The Bank of Korea today raised its main policy rate by 25bp (to 2.5%) and signaled further hikes in the months ahead. However, with the central bank becoming more concerned about economic growth and inflation set to drop back, we think the tightening cycle will come to an end later this year.
Become a member to read more
This is premium content that requires an active Capital Economics subscription to view.
Already a member?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services