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10th Jan 2024 21:09China+Daily Monitor

  • The BoK left the policy rate unchanged yesterday, while hinting at future easing in its statement...
  • ...But Governor Rhee played down the likelihood of near-term rate cuts, worried about household debt.
  • The BoK is likely to start easing in Q3; but a sharp KRW appreciation could bring forward that shift.

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Keywords for: 12 January 2024 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence