Bank of Korea Deputy Chief Says Monetary Policy to Be Made 'Very Carefully'
5 Articles
5 Articles
New BOK senior deputy gov. calls for prudent, flexible monetary policy
The new senior deputy governor of the Bank of Korea (BOK) said Friday that monetary policy should be implemented in a prudent and flexible manner as expectations grow for a rate hike at next week's policy meeting amid accelerating inflation. "While raising interest rates can have certain policy benefits, there may also be side effects," Senior Deputy Gov. Kwon Min-soo told reporters after his inauguration ceremony. "I believe this is a time when…
Bank of Korea deputy chief says monetary policy to be made 'very carefully'
SEOUL, Aug 21 : The new deputy chief of the Bank of Korea said on Friday that monetary policy decisions would be made 'very carefully' and flexibly if needed, taking into account various policy factors including the side effects of rate hikes. "Economic growth and inflation will have to be considered, as well
Bank of Korea Deputy Governor Kwon Min-Soo: "Prudent and Flexible Monetary Policy Assessment Needed"
(Seoul = Yonhap News) Reporter Han Ji-hoon = Bank of Korea Deputy Governor Kwon Min-soo said on the 21st, "It is a time when prudent and flexible policy judgments are needed."
Bank of Korea Deputy Governor Kwon Min-soo warns that risks of financial imbalances centered on household debt and housing prices will persist. Kwon Min-soo, who began his term as Deputy Governor of the Bank of Korea on the 21st, will carefully monitor the soft landing of household debt, while supplementing systems to ensure the Bank of Korea functions properly as the lender of last resort in times of crisis and strengthening the analysis of def…
Bank of Korea deputy chief says monetary policy to be made ‘very carefully’
SEOUL, Aug 21 (Reuters) - The new deputy chief of the Bank of Korea said on Friday that monetary policy decisions would be made 'very carefully' and flexibly if needed, taking into account various policy factors including the side effects of rate hik...
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