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25th May 2023 15:18China+, Daily Monitor

  • The BoK kept its policy rate unchanged, at 3.5%, for a third straight meeting yesterday.
  • The Bank cut its growth outlook for 2023, while raising its core inflation outlook.
  • We see little room for a policy rate cut this year, de- spite building downward pressures on growth.

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Keywords for: 26 May 2023 China+ Monitor

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