POPA ReconBank of Korea raises base interest rate from 2.50% to 2.75% per annum on the 16th
Bank of Korea raises base interest rate from 2.50% to 2.75% per annum on the 16th The Monetary Policy Committee says, “There is a need to continue the monetary policy interest rate hike policy in the future.” The Monetary Policy Committee’s interest rate hike is interpreted as an attempt to lower consumer prices, which have risen sharply since the Middle East war #Korea
The excerpt is quoted from a public Telegram channel, which owns its text.