S.Korea's economy, inflation moving as forecast: Bank of Korea minutes
[SEOUL] South Korea's economy and inflation are moving along the path that the Bank of Korea has forecast, a member of its monetary policy board was cited as saying during the Oct 15 rate meeting, in minutes released on Tuesday.
"The economy and inflation are currently moving not far from the path that was previously forecast," said the member, who was not named as the minutes are kept anonymous. "The dangers and costs of changing interest rates seem to be increasing while the link between financial conditions and the real economy seems to be weakening."
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
China central bank says treasury bond trading will be two-way
US wholesale inventories drop by unrevised 0.4% in March
China, Serbia chart ‘shared future’ as Xi Jinping visits Europe
World extends run of heat records for 11th straight month
SpaceX’s unit Starlink secures Indonesia operating permit
Axiata, Sinar Mas seek permission for Indonesia telco merger, minister says