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27th Aug 2021 00:00China+, Economic Monitor, Asia Key Issues

  • The Monetary Policy Board kicked off normalisation yesterday with a 25-basis point hike, to 0.75%.
  • Korea still is deep in the Covid woods, especially as protection from prior infection is very low...
  • ...But rapid jabs give the BoK room to manoeuvre, and re-focus towards curbing financial imbalances.

bank of korea board bok construction construction permits debt economy forecasts gdp gdp growth growth korea majority monetary monetary policy monetary policy board policy policy board population rate hike supply

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Keywords for: CN 27 Aug 2021

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