News

BOK’s Lee: Still has certain amount of policy room

The Bank of Korea (BOK), the South Korean central bank, Governor Lee Ju-yeol is on the wires now, via Reuters, speaking at the post-monetary policy decision press conference.

Key Quotes:

Shin In-Seok was dissenter to Friday’s rate decision.

Cho Dong-Chul was dissenter to Friday’s rate decision.

Still has certain amount of policy room.

Sees no sign of dispute with japan spreading to financial sectors.

Not in situation to worry about deflation.

Japan dispute dropped from statement due to new risks elsewhere.

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