Bank of Korea keeps rates unchanged, expects growth to slow
|The South Korean Central Bank kept base rate unchanged at 1.5 percent as expected on Thursday and warned that economic growth could be slower than previously expected.
Key comments (Source: Reuters)
- Growth could be slower than projections made earlier
- South Korea investment will slow
- South Korea exports to sustain growth
- Headline inflation to gradually pick up
- To watch monetary policies abroad, geopolitical risks
- S.Korea household debt growth exceeded rate seen in previous years
- To watch future economic growth and inflation trends
- South Korea job market sluggish
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